The New York Department of Financial Services (NYDFS) has imposed a $48.5 million penalty on Paxos as part of its enforcement action …
Pays
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Finance
Robinhood Q2 Earnings Beat Expectations as Crypto Volumes Climb and Bitstamp Deal Pays Off
by shayaanby shayaanRobinhood (HOOD) on Wednesday reported a 98% year-over-year jump in second-quarter crypto trading revenue, while easily beating Wall Street’s earnings estimates as …
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In brief Sahara AI launched a platform that pays users in crypto to label AI training data. It uses a bounty model …
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Adoption
The ‘Venmo moment’ for crypto? Binance Pay’s scan-and-send upgrade gets us close
by shayaanby shayaanCopy-pasting addresses and double-checking characters may soon be obsolete. With Send On-Chain and Send via Contact, Binance Pay reduces crypto transfers to …
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In brief Idle Mine is a mobile game that lets you earn real Bitcoin rewards. The game hails from Fumb Games, the …
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OKX, one of the largest cryptocurrency exchanges, settled with U.S. authorities over failing to obtain a license to operate as a money …
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Regulation
Robinhood pays $45M to settle SEC violations over reporting and cybersecurity missteps
by shayaanby shayaanRobinhood has agreed to pay $45 million in civil penalties to settle charges of securities law violations. According to a Jan. 13 …
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Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ …
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Regulation
JPMorgan Chase Pays $40,000,000,000 in Fines and Settlements As US Bank Battles Hundreds of Ongoing Legal Challenges: Report
by shayaanby shayaanJPMorgan Chase has now paid more than $40 billion in total fines and settlements to regulators, enforcement agencies and lawsuits related to …
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Adoption
El Salvador’s One Bitcoin Per Day Strategy Pays Off with $24.54M in Gains
by shayaanby shayaanEl Salvador’s bold Bitcoin investment has paid dividends as the country’s holdings surge, yielding around $24.54 million in profit. In November 2022, President …