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Binance founder Changpeng Zhao confirmed he applied for Donald Trump to pardon his money laundering conviction after denying earlier reports that he’d done so. Binance founder and convicted felon Changpeng Zhao says that he applied for a pardon from US President Donald Trump shortly after denying reports that he was seeking one. Zhao, also known…
More than half of the top 25 TRUMP tokenholders — those eligible to apply for a “VIP tour” with the president — reportedly used foreign exchanges that exclude US-based users. At least some of the top holders of Donald Trump’s memecoin who apply to attend a private dinner with the president could be based outside…
Diversified Energy is under fire for reportedly walking away from a natural gas-powered crypto mining site in Pennsylvania without plugging wells. Cryptocurrency miner Diversified Energy quietly vacated a natural gas-powered crypto mining site in Elk County, Pennsylvania, reportedly leaving behind unplugged wells and regulatory violations. The site, known as Longhorn Pad A, was revived in…
Crypto asset manager Bitwise has thrown NEAR into the crypto ETF ring following an S-1 filing with the SEC. Digital asset manager Bitwise has filed to list a spot Near exchange-traded fund with the US Securities and Exchange Commission, adding to a growing list of altcoins currently vying to win regulatory approval. The Bitwise Near…
The predictions platform suggested that “election markets are here to stay” in a social media post after the Commodity Futures Trading Commission filed its request with the court. The US Commodity Futures Trading Commission (CFTC) is seeking permission from the court to drop an appeal against prediction market Kalshi. The move could allow the platform…
A group of wallets reportedly earned roughly $100 million from trading Melania Trump’s memecoin shortly before its Jan. 19 launch. A group of crypto traders reportedly purchased millions of dollars worth of Melania Trump’s memecoins minutes before she announced the launch on social media. According to a May 6 Financial Times report, the crypto traders…
The crypto reserve bill was the first in the US to be signed into law by a Republican governor after Arizona Governor Katie Hobbs vetoed a similar bill on May 2. Kelly Ayotte, the Governor of New Hampshire, signed a bill into law allowing the state’s treasurer to invest in cryptocurrencies, including Bitcoin (BTC). In…
The US Attorney’s Office overseeing the criminal case against the former CEO of SafeMoon will be headed by a Trump appointee for up to 120 days. Acting US Attorney for the Eastern District of New York (EDNY) John Durham has departed as President Donald Trump’s pick takes control of the office. In a May 5…
The ending of enforcement actions against several crypto firms, indicates a changing tide when it comes to crypto regulation, says Finzer. The Securities and Exchange Commission’s (SEC) enforcement approach on crypto firms has left a lasting “regulatory overhang” within the industry, according to Devin Finzer, co-founder and CEO of OpenSea. Speaking to Cointelegraph, Finzer said…
The former CEO of Celsius Network is scheduled to appear before a judge for sentencing after pleading guilty to two felony charges in December. Crypto users are weighing in as Alex Mashinsky, the former CEO of Celsius Network, prepares to stand before a judge on May 8 to face sentencing for commodities fraud and a…