Chinese Billionaire Convicted of Racketeering and Wire Fraud in US
20.7.2024
Exiled Chinese billionaire Guo Wengui, also known as Miles Guo, has been convicted by a U.S. jury on charges including racketeering conspiracy and wire fraud. Guo defrauded followers of over $1 billion, primarily through false investment schemes in cryptocurrency. U.S. Attorney Damian Williams...
‘10:1’ odds against US Bitcoin strategic reserve by 2028: BlockTower Capital
20.7.2024
BlockTower Capital CIO Ari Paul is prepared to “lay 10:1” against the possibility of the US creating a Bitcoin strategic reserve in the next four years
Philippine Central Bank Warns of AI-Driven Crypto Scams — Governor Denies Endorsing Cryptocurrency Projects
20.7.2024
The Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, has cautioned the public against scams involving AI-manipulated videos and audios, which are used to spread false information, particularly about cryptocurrency investments. The BSP emphasizes that Governor Eli M. Remolona...
TON Network TVL surpasses $760M — Is this bullish for TON price?
20.7.2024
Investors’ excitement over airdrops and other incentives fueled TON Network’s TVL, but how sustainable is this strategy?
Barstool’s Dave Portnoy Accepts Bitcoin From Kraken in Sponsorship Deal
20.7.2024
Barstool Sports founder Dave Portnoy has expressed his hesitation to buy bitcoin at its current price but is open to accepting the cryptocurrency as payment. He disclosed that he accepted bitcoin from crypto exchange Kraken as part of a sponsorship deal, highlighting his belief in...
Blockfi to Begin Interim Crypto Distributions via Coinbase This Month
19.7.2024
Crypto lender Blockfi announced that it will begin interim crypto distributions via Coinbase this month. U.S. clients will receive notifications, while non-U.S. clients face regulatory restrictions. Blockfi, which filed for bankruptcy protection in November 2022, is now collaborating with Coinbase...
CBOE gives official launch date for spot Ethereum ETF
19.7.2024
The Chicago Board Options Exchange has confirmed that the Franklin Ethereum ETF (EZET) will begin trading on July 23
Nvidia claims breakthrough on path to GPU-based quantum computing
19.7.2024
Quantum annealing systems could impact the finance and blockchain industries in a major way
Gemini reaches settlement with IRA Financial Trust over $36M exploit
19.7.2024
The lawsuit, initially filed by IRA in June 2022, alleged that Gemini misrepresented its security protections, resulting in an exploit that removed $36 million in crypto
Grayscale announces plans for Bitcoin ETF spinoff
19.7.2024
Current GBTC shareholders will receive shares in Grayscale’s new Bitcoin ETF in proportion to what they currently hold in GBTC
Crypto community reacts to Windows-CrowdStrike outage as blockchains unaffected
19.7.2024
Many crypto community members noted that blockchains’ decentralized nature allowed them to continue running despite widespread outages across the global economy
Donald Trump’s crypto platform is missing one thing
19.7.2024
President Biden has been ruthless in his quest to eradicate the crypto industry. Trump should commit to pardoning the developers that Biden imprisoned