Author
571 posts
Bena Ilyas
Latest Articles
AG Nessel Re-Issues Warns against Crypto Scams during Financial Literacy Month
By Bena Ilyas
• 3 mins read
As cryptocurrency advances, regulatory frameworks progress. Over 42 nations considered or legislated crypto laws last year.
Crypto Trader Accused of $110M Theft Faces US Criminal Trial
By Bena Ilyas
• 3 mins read
The legal battle extends beyond the courtroom. The SEC, CFTC, and Mango Labs LLC have all filed civil suits against Eisenberg, further complicating the situation.
TerraPay Receives In-Principle Approval for MPI License from MAS
By Bena Ilyas
• 3 mins read
This in-principle approval fortifies TerraPay’s dedication to becoming the world’s most regulatory-compliant payments provider.
HashKey Group Launches Global Crypto Exchange after Bermuda License Acquisition
By Bena Ilyas
• 3 mins read
HashKey Global plans to offer trading services for 21 cryptocurrencies to retail investors.
Terraform Labs Trial Wraps with Jury Verdict, Faces Severe SEC Penalties and Sanctions
By Bena Ilyas
• 3 mins read
Terraform Labs is set to deliver their final arguments in a civil fraud trial accused of defrauding investors with the TerraUSD stablecoin, which led to $40 billion in losses and wider crypto market havoc in 2022.
Bhutan’s Bitcoin Mining Operation Surges Ahead of Halving to Offset Revenue Impact
By Bena Ilyas
• 3 mins read
Bhutan is ramping up Bitcoin mining operations in partnership with Nasdaq-listed Bitdeer Technologies to offset revenue decrease due to an upcoming halving, which will cut Bitcoin mining rewards in half.
Hong Kong’s ZA Bank Engages Potential Stablecoin Issuers for Cash Reserve-Backed Token Accounts
By Bena Ilyas
• 3 mins read
ZA Bank in Hong Kong is in talks with potential stablecoin issuers to provide fiat reserve accounts for backing tokens as part of the city’s push to become a digital asset hub.
OneCoin Executive Sentenced to 4 Years in Prison Over $4 Billion Crypto Scam
By Bena Ilyas
• 3 mins read
Irina Dilkinska, former OneCoin executive, received a four-year sentence for her role in laundering funds from the $4 billion crypto scam, despite her plea for leniency due to her children and harsh jail conditions.
Notcoin Announces April 20 Rollout Date for NOT Token Amid Bitcoin Halving Hype
By Bena Ilyas
• 3 mins read
“Notcoin” Game Token wraps up its “mining phase” and prepares for the NOT token launch on April 20 amid the Bitcoin halving hype. The popular clicker game attracted 35 million players and offering pre-market trading via NFT vouchers.
Bitcoin Faces Volatile Swings in Asia amid Automated Trading Fallout from US ETF Flows
By Bena Ilyas
• 3 mins read
Bitcoin’s volatility in Asia is linked to automated trading reacting to US ETF flows, causing significant market swings as investors react to data on outflow and inflows from spot-Bitcoin ETFs.