Alchemy Pay is ‘near breakout,’ chart shows possible 80% surge
Alchemy Pay price made a strong recovery, hitting its highest level since February 2022, after making strong regulatory progress. Alchemy Pay (ACH) coin rose to a high of $0.0585, up by 730% from its lowest level in 2023, and pushing its market cap to over $452 million. The rally happened after the company received a […]
Alchemy Pay integrates MOVE token into its fiat deposit solution
Alchemy Pay has integrated the MOVE token from Movement Network onto its fiat on-ramp solution. In a recent post on X, Alchemy Pay announced that it has integrated the MOVE (MOVE) token from Movement Network onto its fiat on-ramp solution, making it possible to purchase MOVE through regular payment methods such as Visa, MasterCard, mobile […]
WazirX must pay back 80% of stolen funds, court orders
Singapore High Court has accepted WazirX’s reorganization plan, which will allow the exchang to repay 75% to 80% of the stolen customer monies. Despite the court’s decision, many victims remain suspicious! A Singapore High Court has approved a payment restructuring plan for the victims affected by the WazirX crypto scam. The restructuring plan was approved on Jan. 23, 2025, under the Company’s Act. 1967, which regulates and sets guidelines on the operation of companies in India. The Singapore High Court also ruled that […]
Alchemy Pay to offer crypto payments in Australia with AUSTRAC registration
Alchemy Pay announced its successful registration as a Digital Currency Exchange Provider with the Australian Transaction Reports and Analysis Centre as of Jan. 27. This regulatory approval enables Alchemy Pay (ACH) to provide secure and seamless fiat-to-crypto payment services within the Australian market. With this registration, Alchemy Pay is now authorized to establish local payment […]
Circle launches Paymaster to allow users pay gas fees with USDC
Stablecoin issuer Circle has introduced a new feature called Circle Paymaster, enabling users to pay gas fees using the USDC stablecoin. The USDC (USDC) issuer said in an announcement that the on-chain utility solution Circle Paymaster was now live on Arbitrum and Base, two leading Ethereum (ETH) layer-2 solutions. With this product, users on the […]
Upbit, Bithumb to pay largest ever compensation for system failures during martial law
South Korean crypto exchanges Upbit, Bithumb have agreed to compensate users with the largest payout ever following system failures caused by the martial law declaration. Upbit and Bithumb, two South Korean crypto exchanges, have agreed to compensate users for technical failures that occurred during the martial law declaration in December, Korean news agency Yonhap reports. […]
DCG to pay $38m in SEC settlement for misleading investors
Former Genesis CEO Michael Moro has been sanctioned by the U.S. Securities and Exchange Commission as part of a 2023 lawsuit against its parent company, Digital Currency Group Digital Currency Group, a crypto-focused investment conglomerate, has reached a $38 million settlement agreement with the SEC for misleading investors about risks tied to the now-defunct hedge […]
BitMEX ordered to pay $100m fine for violation of U.S. banking laws
Crypto exchange BitMEX has been ordered to pay a $100 million penalty for violating U.S. banking laws. A federal judge ordered HDR Global Trading Limited, BitMEX’s parent company, to pay the penalty along with a two-year unsupervised probation sentence. In a ruling on Wednesday, January 15, 2025, U.S. District Court Judge John Koeltl, of the […]
Gemini agrees to pay $5m to settle CFTC charges
Gemini, the crypto exchange founded by the Winklevoss twins, will pay $5 million in penalties to settle with the Commodity Futures Trading Commission. The company agreed to a “proposed consent order” signed by the CFTC on Monday, according to Bloomberg. As part of the settlement, Gemini will pay a $5 million fine for allegedly providing […]
IcomTech execs set to pay over $5M for fake Bitcoin trading scheme
At least four of IcomTech’s operators are now behind bars after receiving prison sentences of up to 10 years this year. Source link
