April 2024 | Page 2 of 160 | Last Cryptocurrency News Feed

Bitcoin Tumbles Below $60K, Risking Deeper Pullback as Crypto Markets Endure Worst Month Since FTX Crash

Bitcoin has lost over 16% in April, on track for its worst month since November 2022.BTC could drop to the mid-to-low $50,000 region, Ledn CIO said.The Hong Kong spot crypto ETF debut wasn't as poor as it was made out to be, a Bloomberg Intelligence ETF analyst noted.It might be time to call the cryptocurrency

Cointelegraph Feed

US Court to hear proposed remedies from Terraform Labs, Do Kwon in May

The SEC proposed that Do Kwon and Terraform pay roughly $5.3 billion in disgorgement, prejudgment interest and civil penalties, while the firm’s team suggested only $1 million.

Cointelegraph Feed

CZ sentenced: A chronology of Binance’s legal battles in the US

Former Binance CEO Changpeng “CZ” Zhao was sentenced to four months in prison for violating U.S. money laundering laws.

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Griefing Attack on Bitcoin Testnet Generates Three Years’ Worth of Blocks in a Week

A griefing attack on the Bitcoin testnet recently caused a surge in network activity, resulting in the generation of over 165,000 blocks, equivalent to three years’ worth of blocks in just one week. The attacker, Jameson Lopp, co-founder and Chief Security Officer of Casa, publicly took credit for the incident, facing backlash from other Bitcoin

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BTC Nosedives to 2-Month Low, ETH Loses $3K Level as Liquidations Skyrocket to $400M

The trading day continues in an even more painful manner for bitcoin as the primary cryptocurrency took another hit and slumped to its lowest price position in over two months of under $59,300. The altcoins’ situation is worse, with ETH dropping below $3,000, SOL dumping by 8%, and a few double-digit price declines. Bitcoin/Price/Chart. Source:

CoinDesk Feed

Why Eigenlayer’s Airdrop Is Controversial

Users of the Ethereum restaking pioneer Eigenlayer, many of whom are about to be rewarded with a massive airdrop of a new EIGEN token, are voting with their dollars. In response to what some have called Eigen Labs’ overly complicated white paper and relatively limited rewards, users have withdrawn about 150,000 ether (ETH), worth about

CoinDesk Feed

Stablecoin Bill Unlikely to Get Pinned to FAA Reauthorization, Putting Effort On Hold Again

A Democratic aide familiar with the negotiation said House and Senate leaders are insisting on a clean FAA reauthorization that wouldn't allow the attachment of a stablecoin bill. The effort has drawn key support and may be tried again as the congressional session wanes.Advocates for long-awaited U.S. stablecoin legislation tried to tie it onto an

Cointelegraph Feed

Physical version of gold-backed token replaces Zimbabwe dollar

The country has struggled with an unstable currency for years, but now it will have one backed by reserves three times larger than its issuance.

Cointelegraph Feed

Changpeng Zhao four-month prison sentence lighter than expected

Prosecutors initially sought to charge the former Binance executive with 36 months.

Cryptocurrency News Feeds

Ex-Binance CEO Changpeng Zhao Receives 4 Months Jail Time For AML Violations

Changpeng Zhao (aka “CZ”) – the founder and former CEO of crypto exchange giant Binance – has been sentenced to 4 months in prison after a hearing in a Seattle courthouse on Tuesday. The sentencing follows CZ’s guilty plea to running afoul of know-your-customer and anti-money laundering requirements at his exchange in November. During the