Archive for month: May, 2024
British-Chinese Money Launder Sentenced to 6 Years in Prison for Role in $6B Fraud: FT
Jian Wen, 42, who was alleged to have carrying out the laundering on behalf of her former boss, was found guilty in March.Source
SOL, XRP Could Be Possible Candidates for ETFs, Standard Chartered Says
Standard Chartered believes Solana {{SOL}} or Ripple’s XRP could be the next contenders, but not until 2025.Source
Ether and Uniswap Advance on Regulatory Actions: CoinDesk Indices Market Update
Bitcoin relinquished early gains above $70,000 to close the week only marginally higher.Source
Who Needs an Off-Ramp? Ether.fi Plans Visa Card for Crypto Degens
The “Cash” Visa card from Ether.fi, the liquid restaking startup on Ethereum, might help crypto natives turn their decentralized finance investments into spending money.Source
Crypto Exchange OKX Withdraws Hong Kong License Application
The exchange’s action follows that of Huobi Hong Kong and several other applicants earlier this month.Source
First Mover Americas: Crypto Extends Slide Despite SEC Ether ETF Filings Approval
The latest price moves in bitcoin (BTC) and crypto markets in context for May 24 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source
Bitcoin, Ether Rally Cools Following U.S. Ether ETF Listing Approval
One trader said ether’s sell-off on positive news is a typical speculator’s “buy the rumours, sell the facts” reaction.Source
Binance Money Laundering Trial in Nigeria Pushed to June 20 Due to Executive’s Illness
Binance’s head of financial crimes compliance Tigran Gambaryan is seriously ill, his lawyers said.Source