Updated Trading News

Bitzlato Crypto Exchange Seized as Founder Accused of Processing $700m in Illicit Funds
Bitzlato Crypto Exchange Seized as Founder Accused of Processing $700m in Illicit Funds

US and French law enforcement agencies have seized a Hong Kong-registered cryptocurrency exchange, Bitzlato, while also arresting its founder Anatoly Legkodymov, a Russian national who is accused of fuelling a "high-tech axis of crypto crime."

U.S. CFTC Commissioner Warns Of Risks If Crypto Firms Self-certify
U.S. CFTC Commissioner Warns Of Risks If Crypto Firms Self-certify

A top official with the U.S. Commodity Futures Trading Commission (CFTC) on Wednesday plans to warn lawmakers against allowing cryptocurrency exchanges to self-certify with the agency to list products for trading.

DoJ Announces Action Against Bitzlato Crypto Exchange, Arrest of Founder
DoJ Announces Action Against Bitzlato Crypto Exchange, Arrest of Founder

The U.S. Department of Justice has announced its enforcement action against the Hong Kong-based cryptocurrency Bitzlato.

Coinbase to Halt Operations in Japan
Coinbase to Halt Operations in Japan

Coinbase Global has announced it is halting operations in Japan amid volatile market circumstances.

C-C-C-Combo breaker: Bitcoin ends 'ridiculous' 14-day winning streak
C-C-C-Combo breaker: Bitcoin ends 'ridiculous' 14-day winning streak

Bitcoin’s (BTC) 15-day positive price movement record from November 2013 wasn’t beaten, but a new second-place win streak has been posted for the cryptocurrency.

Bitcoin’s Correlation With Equities Drops to 1-Year Low
Bitcoin’s Correlation With Equities Drops to 1-Year Low

Following a strong rally in the cryptocurrency market over the past week, the correlation between BTC and U.S. equities has been declining.

Ripple CEO: XRP lawsuit resolved by June, SEC conduct 'embarrassing'
Ripple CEO: XRP lawsuit resolved by June, SEC conduct 'embarrassing'

Ripple’s CEO Brad Garlinghouse believes its ongoing lawsuit with the U.S. Securities Exchange Commission (SEC) will reach an outcome soon, adding that a settlement with the “embarrassing” SEC is unlikely.

Aussie 'Big 4' bank mints stablecoin for carbon trading and remittances
Aussie 'Big 4' bank mints stablecoin for carbon trading and remittances

The National Bank of Australia is the latest of Australia’s “Big 4” banks to roll out a privately-issued stablecoin, which will aim to more efficiently process cross-border remittances and tokenize carbon credits for trading purposes.

InnovationRx: Final JPM Thoughts, Better Covid Antibodies And Pfizer’s Non-Profit Pricing
InnovationRx: Final JPM Thoughts, Better Covid Antibodies And Pfizer’s Non-Profit Pricing

InnovationRx is your weekly digest of healthcare news. Sign up!

Semafor to Buy Out SBF’s $10 Million Stake in the Startup
Semafor to Buy Out SBF’s $10 Million Stake in the Startup

News startup Semafor reportedly is planning to buy out Sam Bankman Fried’s $10 million stake in the company.

Markets: Bitcoin, Ether fall on U.S. economy worries, hawkish Fed comments on interest rates
Markets: Bitcoin, Ether fall on U.S. economy worries, hawkish Fed comments on interest rates

Bitcoin and Ether fell Thursday morning in Asia along with most other top 10 non-stablecoin cryptocurrencies on concerns about the direction of the U.S...

Crypto news site CoinDesk hires banker to explore potential sale
Crypto news site CoinDesk hires banker to explore potential sale

Crypto news site CoinDesk hires banker to explore potential sale

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