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Fake Crypto Fund Operator Pleads Guilty to Defrauding Investors
28.6.2024
Michael Joseph McElhiney, age 37 and formerly of Spokane, Washington, has pleaded guilty to wire fraud, the U.S. Department of Justice (DOJ) announced on Wednesday. Between March 4, 2021, and Sept. 10, 2022, McElhiney defrauded investors by falsely claiming to operate a cryptocurrency investment...
Bitcoin and Crypto Were Not Mentioned Once During the Trump-Biden Debate
28.6.2024
Prior to the highly anticipated presidential debate between Donald Trump and Joe Biden, many on social media were speculating whether the topics of Bitcoin and cryptocurrency would come up. However, as the debate concluded, it was clear that neither candidate made any mention of these emerging...
Nubank Partners With Lightspark to Bring Lightning Network Access to Over 100 Million Customers in Latam
28.6.2024
Nubank, Latam’s most valuable bank, has partnered with Lightspark, a cryptocurrency-focused financial services company, to bring its customers access to Lightning Network transactions. With this partnership, Nubank expects to lower costs and get more flexibility for users to take advantage...
Logan Paul sues Coffeezilla for defamation over CryptoZoo videos
28.6.2024
Logan Paul claims YouTuber Stephen Findeisen, also known as Coffeezilla, “maliciously and repeatedly” made false statements about his NFT project CryptoZoo
Biden-Trump debate: Crypto goes completely unmentioned
28.6.2024
Joe Biden and Donald Trump didn’t discuss crypto in their first head-to-head debate even as the industry raised a multibillion-dollar war chest to influence the elections
Crypto Unmentioned at First 2024 U.S. Presidential Debate
28.6.2024
President Joe Biden and former President Donald Trump faced off in a debate on Thursday evening
Interpol Disrupts Scam Networks: 6,745 Bank Accounts Frozen, $2M Crypto Seized, 3,950 Arrested
28.6.2024
Interpol’s Operation First Light, a global initiative involving 61 countries, has disrupted online scam networks by freezing 6,745 bank accounts and seizing assets worth $257 million, including $2 million in cryptocurrency. The operation targeted phishing, investment fraud, fake online...
SEC Revokes Lufkin Advisors’ Registration Amid Fraudulent Crypto Activities
28.6.2024
The U.S. Securities and Exchange Commission (SEC) instituted administrative proceedings against Lufkin Advisors LLC on Wednesday. This follows an offer of settlement from Lufkin Advisors, which the SEC has accepted. The SEC found that Lufkin Advisors engaged in fraudulent activities, including...
Binance CEO Shares Key Tips for Investors Getting Into Crypto
28.6.2024
Binance CEO Richard Teng has given some advice for investors interested in getting into cryptocurrency. He provided three key tips for starting a crypto journey. “Explore and constantly reassess your strategy” was one of the three pieces of advice the Binance executive gave....
Robert Kiyosaki Bought 60 Bitcoins at $6K — Now Buys BTC Every Month
28.6.2024
Rich Dad Poor Dad author Robert Kiyosaki has revealed that he purchased 60 bitcoins at $6,000 each and continues to buy more bitcoin every month. He explained that the crypto represents “rules-based money,” contrasting it with government fiat money, which he describes...
Bitwise CIO Estimates Spot Ether ETPs Will Attract Billions: ‘Not a Casual Guess’
27.6.2024
Bitwise CIO Matt Hougan has predicted that spot ether-based exchange-traded products (ETPs) will have a favorable performance in financial markets when finally trading. Hougan estimates that these products will have net flows of $15 billion during their first 18 months of trading, taking into...
Paradigm calls European markets regulator to show nuance regarding MEV
27.6.2024
The venture capitalist firm said ESMA’s approach to crypto market abuse could be a disaster for the industry without suggesting any better ideas
State Street Partners With Galaxy Asset Management to Create New Crypto ETFs
27.6.2024
State Street Global Advisors has partnered with Galaxy Asset Management to provide advanced digital asset-based strategies, expanding investor access to the digital asset ecosystem beyond cryptocurrencies and bitcoin. “We believe we are in a strong position to make digital assets more...
U.K.'s Next Government Must Act Fast to Regulate (and Retain) Crypto Firms
27.6.2024
The likely victorious Labour party has taken no stance on digital assets. This needs to change quickly, writes Laura Navaratnam of the Crypto Council for Innovation
Chainlink data streams go live on Avalanche Network
27.6.2024
GMX, a perpetual futures trading platform, will be a launch partner and leverage Chainlink’s tech to fuel the decentralized futures exchange
Crypto for Advisors: Decoding the Ether ETF Filings
27.6.2024
For fans of crypto, ETFs, or both, the potential spot ether ETF launch has carried on the excitement that began earlier this year with the spot bitcoin ETF launch
Voters weigh in on US Presidential debate — will Trump or Biden mention crypto?
27.6.2024
Many crypto users are calling on CNN moderators Jake Tapper and Dana Bash to ask the two candidates at least one question related to digital assets
Bybit Beats Coinbase; Becomes Second Largest Crypto Exchange
27.6.2024
In this post Bybit beats Coinbase to be the second largest CEX after Binance. Binance has lost 6% market share dominance amid regulatory crackdowns. Dubai-based Bybit cryptocurrency exchange, run by Bybit Fintech Ltd., has filled the market space left by FTX. The collapse of FTX, run by...
Coinbase Sues SEC, FDIC for Transparency on Crypto Regulations
27.6.2024
Coinbase has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) and Federal Deposit Insurance Corporation (FDIC) to obtain documents on their approaches to cryptocurrency regulation. Coinbase’s chief legal officer highlighted the lack of clear guidelines from the...
Protocol Village: Crypto Losses From Hacks, Rug Pulls Doubled to $572M in Q2: Immunefi Report
27.6.2024
The latest in blockchain tech upgrades, funding announcements and deals. For the period of June 27-July 3