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Bitcoin ETF Pump or Dump? ($4 Billion on Day 1)
More than $4 billion of a newly approved investment product tied to bitcoin changed hands in the first day of trading Thursday. The New York couple charged with trying to launder $ billion in bitcoin stolen in a hack of Bitfinex appear set to plead guilty in. Crypto platform Binance to pay $4 billion in plea arrangement with DOJ. Zhao also agreed to a $50 million fine as part of the settlement.

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It is indeed possible that Binance will be able to reinvent itself as a model corporate citizen of the crypto world, and emerge as a favored forum for mainstream investors. The approvals were a major victory for the crypto industry as it gears up for a series of legal battles with the federal government. Other stories you might like. The official X account for Franklin Templeton changed its profile picture to include laser eyes, a popular bitcoin meme. Tanaya Macheel.