SEC Charges Socialite Kim Kardashian for Unlawfully Touting Ethereummax

SEC Charges Socialite Kim Kardashian for Unlawfully Touting Ethereummax

On Monday, the U.S. Securities and Exchange Commission (SEC) filed charges against the celebrity and socialite Kim Kardashian for unlawfully promoting the crypto asset Ethereummax. The U.S. regulator detailed that Kardashian agreed to settle the charges and pay $1.26 million in penalties, and plans to cooperate with the SEC’s ongoing investigation. Kardashian Charged by SEC, […]

Japanese Gaming Giant Sega to Launch First Blockchain Game

Japanese Gaming Giant Sega to Launch First Blockchain Game

Sega, one of the largest Japanese gaming companies, has announced that it will launch its first blockchain game in collaboration with Double Jump Tokyo, another Japanese development company. The game, which is based on Sega’s Sangokushi Taisen franchise, will be built using Oasys, a Japanese scaling-focused project, to support its blockchain elements. Sega to Launch […]

9 Out of the Top 12 Crypto Assets Are Down 70% to 90% Lower Than the All-Time Highs Recorded Last Year

9 Out of the Top 12 Crypto Assets Are Down 70% to 90% Lower Than the All-Time Highs Recorded Last Year

274 days or roughly nine months ago, the crypto economy was worth $2.34 trillion and at $967 billion the aggregate value of all 13,192 crypto assets is $1.48 trillion less. Most of the top digital currencies tapped an all-time price high in November 2021 and today, a great majority of the top crypto assets are […]

US Senator Says ‘I Love That Bitcoin Can’t Be Stopped’ Citing Concerns About National Debt and Inflation

US Senator Says ‘I Love That Bitcoin Can’t Be Stopped’ Citing Concerns About National Debt and Inflation

U.S. Senator Cynthia Lummis says she loves that bitcoin cannot be stopped and that governments cannot just confiscate the cryptocurrency. “It’s actually comforting to know that bitcoin is there,” she said, citing concerns about the national debt and inflation. U.S. Senator: Bitcoin Is Something Governments Cannot Take U.S. Senator Cynthia Lummis (R-WY) talked about bitcoin […]

UK Regulator: Crypto Firms Undeterred by Strict Regulation — ‘They Know We Have a Good System’

UK Regulator: Crypto Firms Undeterred by Strict Regulation — ‘They Know We Have a Good System’

The Financial Conduct Authority (FCA), Britain’s top financial regulator, has revealed that many crypto firms are still seeking licenses to operate in the U.K. despite failing to meet regulatory requirements the first time. “They know we have a good system of regulation and if they meet our standards that’s important for every jurisdiction that they […]

Uzbekistan Introduces Monthly Fees for Cryptocurrency Companies

Uzbekistan Introduces Monthly Fees for Cryptocurrency Companies

Crypto firms in Uzbekistan will have to pay fees to the state under new legislation proposed by regulators. The charges vary depending on the business activity and can reach $11,000 a month in the case of digital asset exchanges. Failure to pay will result in license suspension. Crypto Operators in Uzbekistan to Be Charged Fixed […]

SEC Charges 2 Firms and 4 Individuals in Crypto Pump-and-Dump Scheme

SEC Charges 2 Firms and 4 Individuals in Crypto Pump-and-Dump Scheme

The U.S. Securities and Exchange Commission (SEC) has taken action against two firms and four individuals allegedly perpetrating a crypto pump-and-dump scheme. “Although this case involves crypto assets, it bears the hallmarks of a classic pump and dump scheme,” said the SEC. SEC Charges 2 Firms in Crypto Pump-and-Dump Case The U.S. Securities and Exchange […]

India Freezes More Crypto Including Bitcoin and Tether as Investigation Involving Binance and Wazirx Deepens

India Freezes More Crypto Including Bitcoin and Tether as Investigation Involving Binance and Wazirx Deepens

India’s Directorate of Enforcement (ED) says it has frozen more cryptocurrencies, including bitcoin, tether, and the Wazirx token. The action is part of its investigation of the mobile gaming app E-nuggets. In its latest announcement, the ED revealed that nearly 86 bitcoins found at crypto exchange Binance were frozen. Indian Authority Freezes More Cryptocurrencies: Bitcoin, […]