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Federal Agents Crack Down on Drug Ring Using Crypto Mixers

[Jun 20, 2024 10:24 PM] Holly Danielle Adams, 34, from California, has pleaded guilty to charges of drug distribution conspiracy and money laundering via cryptocurrency mixers. This case stems from an investigation by the Northern California Illicit Digital Economy…

Iran Launches Digital Rial Pilot on Kish Island

[Jun 20, 2024 10:07 PM] The Central Bank of Iran (CBI) has announced the initiation of a pilot scheme to introduce the country’s central bank digital currency (CBDC) on the southern island of Kish. The CBI stated on Tuesday that the digital rial will be available to…

SEC Closes Ethereum 2.0 Investigation

[Jun 18, 2024 11:24 PM] Consensys has announced that the U.S. Securities and Exchange Commission (SEC) has decided to close its investigation into Ethereum 2.0. This decision implies that the SEC will not allege that sales of ETH are securities transactions. The…

Stand With Crypto Endorses 18 New House and Senate Candidates

[Jun 18, 2024 10:31 PM] Stand With Crypto, a crypto and blockchain-focused political action committee (PAC), has decided to endorse 18 additional House and Senate candidates from both parties to get crypto-friendly allies to achieve positive results in the upcoming…

Bitcoin Price Decline Continues, Dipping to $64,050 on Bitstamp

[Jun 18, 2024 8:17 AM] The price of bitcoin (BTC) fell below the $65,000 mark on Tuesday, reaching a low of $64,050 on Bitstamp. At 10:10 a.m. Eastern Time, BTC was trading at around $64,624 per coin. The last time BTC was in this price range was mid-May. Over the past…

Coinbase International Adds Support for Trading Pre-Launch Tokens

[Jun 18, 2024 3:14 AM] Coinbase International has announced its support for pre-launch markets, a platform that allows traders to trade perpetual futures contracts for tokens that are yet to launch. This feature offers traders the opportunity to participate in price…

JPMorgan Questions Sustainability of $12 Billion Crypto Inflows

[Jun 17, 2024 4:11 PM] JPMorgan analysts have raised concerns about the sustainability of the $12 billion year-to-date inflow into crypto assets, given the current high bitcoin prices relative to production costs and gold. The substantial inflows this year have been…