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Crypto Exchange BitMEX Hit With $100 Million Fine for US Money-Laundering Violations
BitMEX was hit with a $100 million fine Wednesday by Manhattan federal judge Judge John G. Koeltl—the latest verdict against the cryptocurrency exchange in the years-long saga over money-laundering violations in the United States. The exchange’s attorneys had argued that an earlier $110 million fine and previous guilty pleas were… Listen ⇢
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Justin Sun unveils USDD 2.0 with 20% APY, stating, “Simply because we have plenty of money”
Justin Sun addresses the question “where does the yield come from?” for the new iteration of its USDD stablecoin in a tweet on X: “Simply because we have plenty of money.” Photo: CryptoSlate Key Takeaways Justin Sun announced USDD 2.0 will offer a 20% APY, subsidized by TRON DAO. Despite… Listen ⇢
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Cardano Targeting $5 in 2025? Why Trump Could Propel ADA
Entering the year, determination were a fewer cryptocurrencies that boasted immense imaginable to rapidly summation implicit the adjacent 12 months. Although the marketplace suffered done a dilatory start, things are starting to crook around. Now, Cardano looks to beryllium backmost connected the mend, with ADA perchance targeting $5 successful 2025,… Listen ⇢
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Chainlink (LINK) Price Soars as Whales Buy 1.35 Million Tokens
Whаlеs аcquirеd 1.35M LINK tokеns within 24 hours аt $19-$20.5 rаngе. Chainlink’s CCIP v1.5 upgrаdе еnаblеs Cross-Chаin Tokеns (CCTs) on 20+ blockchаins. LINK trаdеs аt $20.42; аnаlysts prеdict а brеаkout to $38.5 from а bullish flаg pаttеrn. Chainlink whаlеs mаdе wаvеs аcross thе crypto mаrkеt with а significаnt buying sprее,… Listen ⇢
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Pyth Network Transforms Onchain Market Data Infrastructure with Millisecond Price Feed Updates
Porto, Portugal, January 15th, 2025, Chainwire New Oracle Solution, Pyth Lazer, Achieves Unprecedented Speed, Designed to Help DEXs Outperform CEXs Pyth Network (“Pyth”), the public decentralized data infrastructure that empowers the next generation of financial applications, today announced the launch of Pyth Lazer, specialized price feeds for latency-sensitive DeFi and CeFi… Listen ⇢
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DOJ Says $12 Billion in Bitcoin Stolen in 2016 Hack Should Be Returned to Bitfinex
Billions of dollars of Bitcoin swiped from crypto exchange Bitfinex in a 2016 hack should be returned to the platform, the Department of Justice said. In a court documents filed Tuesday, the U.S. government said that the stolen coins should go back to the exchange as there are no “victims”… Listen ⇢
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From Code to Revolution: How BlockDAG and HackerEarth Are Shaping DeFi’s Future
Decentralized finance (DeFi) is driving a shift in how financial systems operate, but to truly unlock its potential, fresh ideas and scalable solutions are essential. BlockDAG, a next-generation Layer 1 blockchain, has partnered with HackerEarth to host global hackathons aimed at bringing groundbreaking DeFi innovations to life. This collaboration is… Listen ⇢
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XRP Hits 7-Year High Price as XRP Ledger Meme Coins Surge Again
XRP is up 15% in the last 24 hours, reaching a price not held since 2018 as trading volumes and meme coin prices on the XRP Ledger both surge higher. The Ripple-linked XRP has significantly outperformed other major crypto assets in the last week, gaining by 28% in that time… Listen ⇢
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SEC Won't Postpone Ripple Lawsuit Appeal Until After Gensler's Departure
Party leadership at the U.S. Securities and Exchange Commission (SEC) is expected to change on Jan. 20, but that won’t change the regulotor’s plans to move forward with its enforcement cases. Ripple chief legal officer Stuart Alderoty tweeted on Jan. 14 that the SEC has refused to postpone the hearing… Listen ⇢
Meet the podcast host, Emily Grace.
Emily Grace is a writer at crypto.readnow.cc, covering the latest trends, news, and insights in the world of cryptocurrency and blockchain.
