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MARA Announced Purchasing $100 Million of Bitcoin


MARA has published a press release to share that it now has over 20,000 bitcoins on its balance sheet. This follows the purchase of $100 million worth of BTC. This is not MARA’s first purchase, and chances are that it will continue to acquire tokens in the future. In the press release, MARA...

Swapuz Starts Using Its Own Liquidity for Swaps Processing


PRESS RELEASE. Swapuz, a leading platform for cryptocurrency swaps, proudly announces the integration of its proprietary liquidity for swap processing. This strategic initiative is set to significantly enhance the platform’s operational efficiency and reliability, providing users with...

Georgia Man Sentenced to Prison for Cryptocurrency Computer Fraud


Steven Drawdy, 40, of Grovetown, Georgia, has been sentenced to 32 months in U.S. prison for wire fraud after defrauding over 40 customers in a cryptocurrency computer scheme. Drawdy, who participated in an online cryptocurrency discussion forum, received more than $1.1 million from victims between...

Washington Regulator Warns of Miami Equity Fund 005 Crypto Fraud


The Washington State Department of Financial Institutions (DFI), Securities Division, has warned about crypto investment fraud following a complaint from a resident regarding their investment in the Miami Foundation Equity Fund 005 (or Miami Equity Fund Institute 005). The investor had deposited...

Russia-Linked Banknotes Blamed for Libyan Dinar Plunge


The Libyan dinar’s recent devaluation has been blamed on a flood of illicit banknotes exchanged for U.S. dollars. A report identified the Russian state money printer as a potential source of the banknotes, which the Central Bank of Libya has labelled counterfeit. Russia Linked to Illicit...

2.91 Million ETH Held by 9 Ethereum ETFs: A Reserve Overview


Although the data for Thursday’s ether exchange-traded fund (ETF) performance, concerning inflows and outflows, remains incomplete, it is evident that trade volume was marginally lower than the first two days. The funds currently hold slightly over $9 billion in ether, with about 2.91...

Skybridge Founder: Kamala Harris Open-Minded About Crypto


Anthony Scaramucci, founder of Skybridge Capital, believes that U.S. Vice President Kamala Harris is open-minded about crypto. Criticizing the narrative that her administration is hostile toward cryptocurrency, he predicted that SEC Chair Gary Gensler will be fired and Senator Elizabeth Warren will...

Ripple CEO: Kamala Harris Could Reset US Crypto Regulation


Ripple CEO Brad Garlinghouse believes that U.S. Vice President Kamala Harris “has an incredible opportunity to provide a reset on critical issues for U.S. competitiveness (like crypto regulation).” He noted that she is no stranger to Silicon Valley. Moreover, he cautioned against making...

US Bitcoin ETFs Draw $44.51M in Inflows; GBTC Sees Another Round of Outflows


While U.S. spot ether exchange-traded funds (ETFs) experienced outflows on Wednesday, bitcoin ETFs saw inflows totaling $44.51 million. Blackrock’s IBIT led with gains of $65.99 million, followed by Ark Invest’s and 21shares’ ARKB with $3.29 million. While Blackrock Captures...

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