In a significant development regarding regulatory compliance in financial markets, Deutsche Bank Securities Inc., a registered broker-dealer and subsidiary of Deutsche Bank AG, has agreed to pay the U.S. Securities and Exchange Commission (SEC) a $4 million civil penalty. The penalty stems from the SEC’s allegations that the firm failed to file Suspicious Activity Reports…
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MOVE Token Is Live as Airdrop Mania Sweeps the Market – Find Out If You Qualify
The MOVE token price has dropped by 6% in the past 24 hours, with the new ERC-20 coin slipping to $0.694 as the crypto market falls by 13% today. While MOVE surged immediately upon its listing on December 9, it has since suffered a big comedown, with the alt actually down by 52% in relation…
Satoshi Nakamoto Claimant Craig Wright Sentenced To One Year In Prison
Craig Wright, the man who fraudulently claimed to be Bitcoin creator Satoshi Nakamoto, received a one year in prison for being in contempt of court. Craig Wright Handed Court Loss Amid Satoshi Nakamoto Claims According to reports, Wright was officially sentenced to one year in prison with a suspension for two years Judge James Mellor…
IOTA Community Gives Green Light to Rebased Protocol Upgrade
In a governance vote held between Dec. 2 and Dec. 17, the IOTA community has overwhelmingly supported the Rebased protocol upgrade proposal. A large majority of IOTA token holders – 98.37% – voted in favor of the upgrade, demonstrating strong support for the IOTA Foundation’s vision for the future of the platform. The biggest upgrade…
Hawk Tuah Girl Vows Cooperation Amid $HAWK Lawsuit Over 90% Crash and $151K Losses
Haliey Welch, widely recognized as the “Hawk Tuah Girl” due to her viral online persona and the popularity of her podcast, Talk Tuah, has responded publicly to the ongoing controversy surrounding the $HAWK memecoin following a lawsuit filing. The influencer issued a statement addressing her fans, investors, and the broader crypto community as she faced…
Five Unique Holiday Gifts For Bitcoin and Crypto Enthusiasts
The excitement of the Bitcoin (BTC) bull run, coupled with the holidays, has many individuals looking for the perfect “crypto-themed” gifts to give to their loved ones. Cryptonews has compiled a 2024 holiday gift guide that has the perfect last-minute present ideas. These gifts are sure to bring cheer to crypto enthusiasts everywhere. From a…
Shiba Inu Price Crashes as $6M Whale Sell-Off Sparks Chaos – Buy the Dip or More Selling to Come?
The Shiba Inu price has plummeted by 20% today, with the meme token dropping to $0.00001927 as the cryptocurrency market suffers a 12% fall in 24 hours. These losses round off a bad couple of weeks for SHIB, which is now down by 27% in seven days and by 34% in 14, although it remains…
Floki and Bonk Are Falling Fast – Could This Signal a Bigger Crypto Market Collapse?
The crypto market is facing significant this week and the price of meme coins like Floki and Bonk are falling sharply today following a dire outlook from the Federal Reserve regarding inflation and the pace at which they plan to cut rates next year. According to a statement from the Chairman of the United States…
Stablecoin Supply in Ethereum Layer 2s Reaches $13.5 Billion
Ethereum Layer 2 networks have achieved a historic milestone, with stablecoin holdings reaching $13.5 billion. This surge reflects the increasing adoption of cryptocurrencies and decentralized finance (DeFi) across the blockchain ecosystem. Demand for Stablecoins Rises As Arbitrum and Base Lead Ethereum Layer 2s TVL According to Tie Terminal, Ethereum-based Layer 2 networks now hold $13.5…
MiCA in Germany: Bundestag Passes New Law To Strengthen Crypto Oversight
The German Parliament (Bundestag) has passed on Dec. 18 the Act on the Digitalization of Financial Markets (Finanzmarktdigitalisierungsgesetz – FinmadiG), marking an important step towards incorporating key elements of the European Commission’s Digital Finance Strategy into German law. The main goal of the FinmadiG is to align Germany with upcoming European Union (EU) rules on…