Bitcoin Exchange Paxful Must Pay $4 Million Over Prostitution, Money Laundering Charges
Paxful signed a plea deal saying it should pay a $112 million fine for its crimes. But the DOJ determined it could only afford to pay $4 million.
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Paxful signed a plea deal saying it should pay a $112 million fine for its crimes. But the DOJ determined it could only afford to pay $4 million.
Bitcoin continued falling Wednesday after a strong U.S. jobs report dampened hopes that the Federal Reserve would lower interest rates in March.
During a panel discussion at Consensus in Hong Kong, Peach pointed to massive capital pools in traditional finance as ETF adoption spreads across Asia.
Hines' projections are based on the increasing demand for Tether’s flagship USDT token and its recently launched USAT stablecoin.
Bitcoin price crumbled back toward its 2026 low as a lack of fresh capital inflows, weak investor sentiment, and rising selling in spot markets chipped away at the $66,000 level.
SEC Chair Paul Atkins faced questions from lawmakers about the agency’s steep decline in digital asset enforcement.
Upexi said digital asset operations, mainly staking income, now account for the majority of company revenue.
The crypto platform's penalty was sharply reduced due to its ability to pay, according to U.S. authorities.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
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Last year, Ripple invested "approximately $4 billion into the crypto ecosystem" through investments, mergers, and acquisitions.
Analysts from JPMorgan, Cantor Fitzgerald, and Citi remain bullish on Coinbase, but have all cut their price targets as Bitcoin dives deeper.