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A U.S. court has convicted Chinese businessman Miles Guo (real name Guo Wengui) of racketeering conspiracy and a $1 billion fraud. Simultaneously, the U.S. Securities and Exchange Commission (SEC) has also charged him with cryptocurrency fraud linked to his H-Coin project, which raised about $500 million. 
Federal Judge Katherine Polk Failla has advised the cryptocurrency exchange Coinbase not to seek access to the personal correspondence of SEC Chairman Gary Gensler, particularly those messages sent before his appointment. She characterized the request as inappropriate but allowed formal proceedings to begin. 
The Story of Bankrupt Mt. Gox: Is the Repayment Day Near?
Mt. Gox was one of the earliest and largest crypto exchanges. In February 2014, it announced losing around 850,000 Bitcoins worth around $400 million at the time. The exchange declared bankruptcy and shut down. Later, the CEO Mark Karpelès announced finding 200,000 coins in an old wallet. Crypto ETNs vs Crypto ETFs: Understanding the Differences
Cryptocurrency ETNs (Exchange Traded Notes) and ETFs (Exchange Traded Funds) are investment tools that allow you to capitalize on the price fluctuation of virtual assets. However, there are several important distinctions between them that investors should understand. 
Robinhood has entered into an official agreement to acquire the global cryptocurrency exchange Bitstamp. This deal will enable the platform to offer cryptocurrency trading services outside the U.S., as Bitstamp holds over 50 active licenses and registrations worldwide. 
3 Crypto Exchanges That Have Never Been Hacked (2024)
Picking a reliable crypto exchange from hundreds of options can be difficult. One way to figure out if an exchange is secure or not is to look at its history for hacks. If any incidents occurred, check how the platform improved its security measures afterward. 
Cryptocurrency exchange Gemini has become a sponsor of the English football club Real Bedford, owned by Peter McCormack, host of the popular podcast What Bitcoin Did. The sponsorship deal was paid in Bitcoin, which will be used for club development and the launch of a youth academy. 
Consensys has reported that the U.S. Securities and Exchange Commission (SEC) has concluded its investigation into Ethereum 2.0, deciding not to classify it as a security. This announcement follows the approval of Ethereum ETFs and comes just before the expected start of trading in July. 
The U.S. Securities and Exchange Commission (SEC) will close its regional office in Salt Lake City, and two of its attorneys have resigned. This decision follows the regulator's defeat in court against the mining company Digital Licensing and its DEBT Box project, which began in July 2023.