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15 People Plead Guilty in Bitcoin-Powered Fake Auctions Case

The U.S. Department of Justice received two more guilty pleas from Romanian nationals involved in a crypto-fuelled transnational cyber fraud ring on June 11. Source: https://cointelegraph.com/rss

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Seed CX Shuts its Exchange to Focus on Settlements

U.S.-based crypto exchange Seed CX has announced it is shutting down to focus on its settlement infrastructure. Source: https://cointelegraph.com/rss

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Tiny Tax Haven Accounts for $36B of Cross-Border BTC Transactions

Seychelles-based exchanges moved $36 billion worth of Bitcoin across international borders in 2019. Source: https://cointelegraph.com/rss

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Celsius Network Sells Two-Thirds of $15m Equity Offering on First Day

The popular DeFi app Celsius Network has publicly launched a $15 million equity offering, selling out over two-thirds of its target in less than six hours. Source: https://cointelegraph.com/rss

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India’s ‘Crypto Spring’ as Wave of New Exchanges Launch

Tradehorn has become the latest startup to launch a cryptocurrency exchange in India after the Supreme Court repealed the Reserve Bank’s ban. Source: https://cointelegraph.com/rss