While Bitcoin’s new non-fungible feature, Runes, has attracted attention and initially buffered the bottom lines of miners, its usage quickly plummeted.
With Bitcoin, Ethereum, and Solana facing sharp declines, some point to dwindling bullish catalysts and regulatory risks, while others see potential for a market rally.
How fair was the founder and former CEO of Binance’s sentence? See how it stacks up to other recent banking prosecutions across crypto, tradfi, and the casino industry.
Executives at China Asset Management aren’t concerned about the US trying to label ether a security because the Hong Kong securities regulator has already determined its stance on the digital asset.
Prosecutors have recommended a prison sentence of at least three years for Zhao for violating the Bank Secrecy Act, but his lawyers have argued for simply probation.