In Latest Binance US Filing, SEC Flags Wallet Provider Ceffu as ‘Binance Related’

Cointelegraph LogoCointelegraph

The SEC has claimed that wallet provider Ceffu is "Binance-related" in its latest filing against Binance.US. The SEC argues that Binance's request for a protective order against the investigation is meritless and calls for the court to deny it. The SEC also raised questions about Ceffu's control of customer assets.

LATEST NEWS

Privacy Boost by OP Labs Launches for DeFi Apps in Ethereum Ecosystem

Decrypt LogoDecrypt

OP Labs introduced Privacy Boost, a technology enabling private transfers and interactions with DeFi apps on the OP Mainnet. The software development kit aims to attract enterprises to build real-world applications with privacy features.


Bank of Korea Governor Prioritizes CBDCs and Deposit Tokens, Shifting Focus From Stablecoins

Decrypt LogoDecrypt

Bank of Korea's new Governor Shin Hyun-song emphasized central bank digital currencies and deposit tokens in his inaugural address, focusing on projects like Hangang and Agora. Notably, he did not mention stablecoins, marking a departure from his previous stance.


Scammers Posing as Iranian Officials Demand Bitcoin Payments in Strait of Hormuz: Report

Decrypt LogoDecrypt

Shipping companies are being targeted by scammers impersonating Iranian authorities, demanding cryptocurrency payments for safe passage through the Strait of Hormuz. Despite the lack of on-chain evidence, vessels have been pressured to make fraudulent payments to avoid being stranded.


French Family Thwarts Crypto Robbery Attempt by Overpowering Armed Attacker

DL News LogoDL News

In a quiet suburb of Montpellier, a family faced an attempted robbery by an attacker posing as a delivery driver, demanding access to a crypto wallet. The attacker, armed with a gun, was eventually overpowered by the victim after a struggle ensued.


Etherealize Sees Path to $250K Price for Ethereum

DL News LogoDL News

Pro-Ethereum Wall Street group Etherealize predicts Ethereum could reach $250,000 per coin, based on the growth of DeFi. The group also criticizes Bitcoin and gold as "dead capital."


John Gotti's Grandson Sentenced to Prison for Diverting $1.1 Million in COVID Funds to Crypto

Decrypt LogoDecrypt

Carmine G. Agnello, grandson of John Gotti, was sentenced to 15 months in prison for diverting pandemic relief funds into crypto investments, defrauding the Small Business Administration of $1.1 million. Experts highlight a pattern of opportunistic fraud during COVID-era aid programs.


Bitcoin Rally Halted at $78,000 Due to Investor Cost Basis Levels

Decrypt LogoDecrypt

Bitcoin's rally to $78,000 faced resistance due to investor cost basis levels, with the average price paid for Bitcoin sitting at around $78,000. Institutional demand may absorb selling pressure at $83,000, while the 200-day moving average at $87,000 acts as a long-term trend indicator.


Arbitrum Freezes $71 Million in Ethereum Tied to Kelp DAO Hack

Decrypt LogoDecrypt

The Arbitrum Security Council froze 30,766 ETH worth $71.5 million connected to the KelpDAO exploit, moving the funds to an intermediary wallet. This emergency action was taken following law enforcement input about the exploiter's identity, making the funds inaccessible without further governance action.


Strategy Now Holds More Bitcoin Than BlackRock's iShares ETF

Coindesk LogoCoindesk

Strategy has surpassed BlackRock's iShares Bitcoin Trust in BTC holdings, acquiring 34,164 BTC to reach a total of 815,061 BTC. Despite a smaller lead of over 12,000 BTC, this shift is symbolically significant given IBIT's rapid growth.


Kelp DAO Hackers Begin Laundering $175 Million Across Ethereum, Bitcoin and Beyond

Coindesk LogoCoindesk

The hackers behind the $290 million Kelp DAO exploit have started laundering their stolen funds, with $1.5 million bridged from Ethereum to Bitcoin via Thorchain and $78,000 routed through Umbra. The exploit has prompted concerns over potential contagion to other blockchains, leading to increased scrutiny and actions like Arbitrum freezing $71 million in ETH.