BTC|BUSINESS|EXCHANGE|REGULATION Updates
Michael Saylor Hit With Class Action Lawsuit for Allegedly Violating Securities Laws and Issuing False and Misleading Statements
An international law firm is bringing a class action lawsuit against Strategy – formerly MicroStrategy – and its founder, Michael Saylor. According to a new press release , Pomerantz LLP is announcing...
Crypto Firms To Report Every Single Transaction Under New UK Laws
Businesses providing crypto services in the UK will be required to collect more extensive user and transaction data by next year. The HM Revenue and Customs (HMRC) says the new rule covers all UK-base...
Nasdaq-Listed Fold Launches Bitcoin Gift Card
The publicly traded Bitcoin financial services company Fold has recently announced its Fold Bitcoin Gift Card as a “convenient” way for consumers to purchase and share BTC . According to the press rel...
Retired Artist Loses Millions in Crypto After Fake Coinbase Call
The scam exploited a fake website and a very convincing story to trick Suman into revealing his hardware wallet’s seed phrase. Additionally, Coinbase is grappling with a major data breach that alleged...
Metaplanet Expands Bitcoin Holdings to 7,800 With Acquisition of 1,004 BTC
Metaplanet Inc. (Tokyo Stock Exchange: 3350 / OTCQX: MTPLF), a publicly listed bitcoin treasury company based in Japan, has announced the acquisition of an additional 1,004 bitcoin, increasing its tot...
Australian feds seize mansion, Bitcoin allegedly linked to crypto exchange hack
An Australian man from the state of Queensland has forfeited Bitcoin, a waterfront mansion and a Mercedes-Benz car after Australian Federal Police claimed the assets could be linked to the proceeds of...
Partner at $56,300,000,000 Venture Capital Firm Has Phone Number, Address and Other Details Stolen in Coinbase Hack: Report
The thieves responsible for the recent security breach of US-based crypto exchange Coinbase have reportedly obtained the personal information of a managing partner at Sequoia Capital, the $56.3 billio...
Judge Denies Joint Bid From Ripple and the SEC To End Their Longstanding Legal Battle Over XRP
A US judge swatted down a joint motion from the U.S. Securities and Exchange Commission (SEC) and the payments firm Ripple that would have taken steps toward ending their longstanding legal battle. Ri...
Coinbase (COIN) remains 27% up in 5 days despite hack fears and SEC heat
Coinbase (Nasdaq: COIN) is officially joining the S&P 500 on May 19, making it the first crypto-native firm to enter the index. This move triggered a 9% rally on May 16 with its shares closing at $266...
AUSTRAC fines Cointree $75K for delayed crime reports
AUSTRAC, Australia’s financial intelligence agency, fined Cointree, a cryptocurrency exchange based in Melbourne, $75,120 for failing to report suspicious activity promptly as the agency increases its...
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