Coinbase to Delist USDT in Europe Amid New EU Regulations

October 6, 2024 Bitcoin.com

bitcoin.com

Coinbase has announced plans to delist Tether’s USDT and other stablecoins that do not comply with the European Union’s Markets in Crypto-Assets (MiCA) regulations by December 30, 2024. This decision is part of Coinbase’s efforts to adhere to the new rules, which require stablecoin issuers to obtain an e-money license in an EU member state. […]

New Altcoin Season Now in Sight, According to Crypto Strategist – Here’s Why

New York Man Pleads Guilty in Crypto-Fueled $25M Money Laundering Case

October 5, 2024 Bitcoin.com

New York Man Pleads Guilty in Crypto-Fueled M Money Laundering Case

bitcoin.com

The U.S. Attorney’s Office and the FBI announced on Friday that Yanbing Chen, a 30-year-old from Brooklyn, N.Y., pleaded guilty to his involvement in an international money laundering and drug trafficking conspiracy. The organization, led by Jin Hua Zhang of Staten Island, laundered over $25 million in drug proceeds and illegal funds. Chen delivered $50,000 […]

New Altcoin Season Now in Sight, According to Crypto Strategist – Here’s Why

US Government Seeks Forfeiture of 200,000 USDT Tied to Bitcoin Theft in Ohio

October 5, 2024 Bitcoin.com

Bitcoin

The U.S. government is taking legal action to seize 200,000 tether (USDT), worth $200,000, linked to a major cryptocurrency fraud. The funds, converted from stolen bitcoin, could soon be returned to the Ohio victim after a forfeiture trial. Investigators used blockchain technology to track the illicit funds, leading to their freeze and eventual federal seizure. […]

New Altcoin Season Now in Sight, According to Crypto Strategist – Here’s Why

Tether Says It Helped US Government Seize $6,000,000 in Crypto From Southeast Asian Scheme

September 30, 2024 The Daily Hodl

Tether Says It Helped US Government Seize ,000,000 in Crypto From Southeast Asian Scheme

Blockchain

The company behind the world’s largest stablecoin by market cap says it aided US authorities in confiscating the proceeds of an overseas crypto-confidence scheme. Perpetrators of crypto-confidence schemes approach their victims through dating apps, text messages or professional meetups or investment groups to gain their trust and lure them into depositing funds into crypto websites […]

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New Altcoin Season Now in Sight, According to Crypto Strategist – Here’s Why

Tether and Four Other Stablecoins Set To Lose $625,000,000 in Interest Income Following Fed Pivot: CCData

September 30, 2024 The Daily Hodl

Tether and Four Other Stablecoins Set To Lose 5,000,000 in Interest Income Following Fed Pivot: CCData

Blockchain

The stablecoin industry will have to weather significant losses in interest income following the Federal Reserve’s latest rate cut, a new report from CCData shows. In its latest report on stablecoins and central bank digital currencies (CBDCs), the digital asset data and index provider notes that the vast majority of the top five stablecoin issuers’ […]

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New Altcoin Season Now in Sight, According to Crypto Strategist – Here’s Why

Tether Aids DOJ in Seizing $6M in Assets Tied to Crypto Scams

September 30, 2024 Bitcoin.com

Tether Aids DOJ in Seizing M in Assets Tied to Crypto Scams

bitcoin.com

Tether, a stablecoin issuer, said it has collaborated with the U.S. Department of Justice to seize digital assets worth $6 million stolen from victims of crypto confidence schemes. Tether has assisted law enforcement in various jurisdictions, blocking over two billion dollars in USDT and recovering millions for victims. According to the stablecoin issuer, it has […]

New Altcoin Season Now in Sight, According to Crypto Strategist – Here’s Why

3 signs that Bitcoin price is not ready to make a new all-time high

September 29, 2024 Coin Telegraph

ATH

China-focused stablecoin data, retail investor participation and skeptical BTC derivatives markets are all signs that Bitcoin price is not primed for a new all-time high.

Bitcoin (BTC) closed at its highest level in two months on Sept. 28 and is currently approaching the $66,000 mark. This movement followed gains in the S&P 500 index, which reached an all-time high on Sept. 26, fueled by robust economic indicators and measures aimed at boosting markets and investor confidence in China. However, several metrics indicate that Bitcoin is far from entering a bull market.

Bitcoin/USD (right) vs. S&P 500 futures (left). Source: TradingView

Investors could be skeptical due to previous rejections at $70,000 or fearing that a potential recession is underway, which would negatively impact risk-on markets, including cryptocurrencies.

New Altcoin Season Now in Sight, According to Crypto Strategist – Here’s Why

FBI Seizes $6M in Crypto From Southeast Asian Scammers

September 28, 2024 Bitcoin.com

FBI Seizes M in Crypto From Southeast Asian Scammers

bitcoin.com

U.S. authorities have seized over $6 million worth of cryptocurrency linked to a fraudulent investment scheme organized by Southeast Asian criminals. Targeting U.S. individuals, the criminals manipulated victims through fake cryptocurrency platforms. The Department of Justice (DOJ) and the Federal Bureau of Investigation (FBI) recovered the funds using blockchain tracing. DOJ Seizes $6 Million in […]

New Altcoin Season Now in Sight, According to Crypto Strategist – Here’s Why

Swan Bitcoin Alleges Ex-Employees Conspired to Steal Mining Business

September 28, 2024 Bitcoin.com

Bitcoin mining

A newly filed lawsuit claims that Swan Bitcoin, a financial services company focused on bitcoin, is accusing former employees of trying to hijack its “billion-dollar bitcoin mining business.” According to the suit, Swan’s subsidiary Electric Solidus alleges that Proton Management dubbed a “copycat company” in the filing, stole trade secrets from their mining operations. Swan […]

New Altcoin Season Now in Sight, According to Crypto Strategist – Here’s Why

Tether Helps Dutch and US Authorities Seize $7.8M in Crypto

September 27, 2024 Bitcoin.com

Tether Helps Dutch and US Authorities Seize .8M in Crypto

asset seizure

Tether, the world’s largest stablecoin issuer, reportedly played a crucial role in a joint operation led by Dutch and U.S. law enforcement agencies to dismantle two cryptocurrency exchanges suspected of money laundering. The operation resulted in the seizure of €7 million ($7.8M) in crypto and the freezing of illicit wallets. Tether Works With Law Enforcement […]

Tether

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