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Paxful’s guilty plea and $4 million penalty underscore deep regulatory concerns as U.S. authorities move to spotlight illicit crypto activity and the risks posed by platforms that operated with weak safeguards. Paxful Faces Criminal Penalty for Illicit Crypto Activity The U.S. Department of Justice (DOJ) announced on Dec. 10 that Paxful Holdings Inc. agreed to […]

Ethereum price started a fresh increase above $3,150. ETH is now consolidating and might soon aim for a clear upside break above $3,350. Ethereum started a downside correction from the $3,450 zone. The price is trading above $3,200 and the 100-hourly Simple Moving Average. There is a new connecting bullish trend line forming with support at $3,180 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it settles below the $3,150 zone. Ethereum Price Holds Support Ethereum price managed to stay above $3,150 and started a fresh increase, beating Bitcoin. ETH price gained strength for a move above the $3,300 and $3,320 resistance levels. The bulls even pushed the price above $3,400. However, the bears were active below $3,450. A h...

US District Judge Paul A. Engelmayer handed down a 15-year prison sentence to Terraform Labs co-founder Do Kwon for Terra's $40 billion crash.
The post Crypto Mogul Do Kwon Gets 15 Year Prison Term Over Terra’s $40B Collapse appeared first on Cryptonews.

Coinbase is preparing to launch prediction markets and in-house tokenized stocks, with the official announcement expected next week.
The post Coinbase Plans Major Product Rollout Featuring Prediction Markets, Tokenized Stocks appeared first on Cryptonews.