Crypto News
Do Kwon, known as the cryptocurrency king, admitted guilt in a Manhattan federal court for fraud related to the $40 billion Terraform Labs collapse, impacting global investors.
Changpeng Zhao, founder of Binance, was sentenced to four months in prison in April 2024 over money laundering allegations. In 2025, he is campaigning for a pardon, citing concerns about the severity of the sentence and his safety.
The investigation involving Roman Storm is approaching its final stages, as the team prepares to close the case next week. A key developer may provide crucial testimony to aid in the resolution.
The legal proceedings involving Roman Storm are set to conclude next week as the developer may provide crucial testimony, signaling the nearing end of the case.
The cryptocurrency market is buzzing with significant events: Ethereum's market cap surpasses global giants, giant Bitcoin acquisitions reveal strong institutional interest, Aave sets DeFi records, and Binance launches a Trump-backed stablecoin. Discover these and more dynamic crypto updates.
World Liberty Financial's $WLFI crypto tokens, linked to the Trump family, are now tradable after near-unanimous approval. While the move could boost token value and market interest, it raises conflict of interest concerns given the Trump Administration's role in shaping crypto regulations. The project faces criticism over transparency and regulatory oversight as trading details remain unclear.
Ethereum has reclaimed the $3,000 mark amid a strong rally, with significant moves like SharpLink Gaming acquiring 38,000 ETH. Meanwhile, Bitcoin flirts with a $123,000 target. Key indicators suggest Ethereum could be on track to reach $4,000 soon, accompanied by growing stablecoin interest.
Kazakhstan is planning to create a state crypto reserve, pending the development of a legal framework to regulate its formation and management. The National Bank of Kazakhstan is actively working on a detailed concept to guide this initiative.
Ethereum encountered a bull trap at the $2,550 mark, losing crucial support and sparking worries of near-term price drops. Investors are advised to stay cautious amid the volatile market conditions.
Nano Labs has made a significant investment of $50 million in Binance Coin (BNB), as part of their larger plan to accumulate up to 10% of BNB's total supply. This move reflects their strong confidence in the future of BNB.