the biggest cryptocurrency news stories from today:
1. **South Korean prosecutors seek death penalty for crypto killers**: South Korean prosecutors have requested the death penalty for four suspects in a crypto murder-kidnap case that saw a woman abducted and murdered for her crypto holdings ¹.
2. **Binance temporarily ceases onboarding new customers**: Binance, one of the world's largest cryptocurrency exchanges, will temporarily shut its doors to new customers in the UK following a restriction on the exchange's operating partner by the Financial Conduct Authority (FCA) ¹.
3. **Bitcoin price spikes following fake BlackRock ETF announcement**: Bitcoin's price soared from $27,900 to $30,000 following a misleading announcement about BlackRock's Bitcoin ETF approval. The fake news led to approximately $100 million in trading liquidations within an hour. BlackRock later clarified its ETF application is still under SEC review ¹.
4. **California governor signs "BitLicense" crypto licensing bill into law**: California Governor Gavin Newsom approved a crypto licensing bill that is set to enforce a structural framework for businesses conducting operations in the crypto industry and is set to take effect in July 2025 ¹.
I hope this helps you stay informed about the latest happenings in the world of cryptocurrencies!
#CryptoNews #bnbgreenfield