Over 60% of Pump.fun wallets lost money: report
1,700 wallets lost more than $100,000; only 311 gained over $1 million. UK banned the site in 2024; a lawsuit was filed against it in January 2025. Pump.fun plans to…
MoonPay secures Money Transmitter License (MTL) in Wisconsin
MoonPay secures Wisconsin Money Transmitter License (MTL). Wisconsin is the 46th US state to grant MoonPay an MTL. MoonPay has also been making strategic acquisitions to enhance its crypto services.…
Ripple secures money transmitter licenses in New York and Texas
Ripple revealed on Jan. 27 that it recently secured Money Transmitter Licenses in New York and Texas. The cypto company behind XRP has over 50 MTLs and holds the BitLicense…
Toncoin Price Prediction: Can a Rally to $10 Push it Back to the Top 10 Coins? Big Money Investors Ramp Up TON and RXS Crypto Accumulation
Toncoin looks set to rebound from its recent woes. It rose 20% in the past month and is trading above $6 for the first time in months. This surge comes…
Nigerian government drops money laundering charges against Binance executive
Tigran Gambaryan and Binance have been accused of laundering more than $35 million Nadeem Anjarwalla, a colleague of Gambaryan, was also detained, but managed to escape on a Middle Eastern…
Alabama grants Transak a Money Transmitter License (MTL)
Transak secures its first Money Transmitter License (MTL) in Alabama. The license boosts security, speed, and compliance for US cryptocurrency services. Transak targets further state licenses as it enhances its…
Franklin Templeton launches its tokenized money fund on Aptos
Franklin Templeton has launched the OnChain U.S. Government Money Fund (FOBXX) on Aptos. FOBXX currently has a market cap of over $435 million, second among tokenized US Treasuries behind BlackRock…
Judge rules Tornado Cash co-founder will face trial for money laundering
Roman Storm will face trial on Dec. 2 for alleged money laundering via Tornado Cash. The judge rejected Storm’s defence that his code was protected under the First Amendment. The…
Florida court reinstates Binance US money services license
Binance US wins appeal to reinstate its Florida money-services business license. Court ruled OFR lacked legal justification for the emergency suspension order. Binance US suspension posed financial risks to over…
Developer of Tornado Cash found guilty of money laundering in the Netherlands
Alexey Pertsev, Tornado Cash developer, found guilty of laundering $1.2B in the Netherlands. Despite Tornado Cash being non-custodial, Pertsev sentenced to over 5 years in prison. Verdict sparks debate on…