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Fraudsters Partially Drain Assets from Crypto Investment Firm BlockTower’s Main Hedge Fund
15.5.2024
Digital asset investment firm BlockTower Capital faces a major setback after fraudsters compromised its main hedge fund. Bloomberg reported that the stolen funds remain unrecovered, and the hackers haven't been caught yet.
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Moonpay Donates $1 Million to Stand With Crypto
15.5.2024
Moonpay, one of the largest cryptocurrency onramp and offramp providers, has donated $1 million to Stand With Crypto, a nonprofit that seeks to rally American voters around the cryptocurrency cause. Moonpay CEO Ivan Soto-Wright stated that the donation made would contribute to creating...
Degens pumped GameStop memecoins because they're ‘bored’ — Traders
15.5.2024
Crypto investors have flocked to unofficial GameStop memecoins because they're jumping on any “sign of hope they can,” say traders
South Korean Tax Body Liquidates Crypto Worth Over $800,000
15.5.2024
The South Korean tax body, the National Tax Service (NTS), has announced it has liquidated previously frozen crypto worth more than $800,000.
The post South Korean Tax Body Liquidates Crypto Worth Over $800,000 appeared first on Cryptonews
Industry Experts Foresee Massive Growth for Crypto Market, Predictions up to $100 Trillion
15.5.2024
Raoul Pal, a well-known financial sector figure, predicts a significant expansion of the cryptocurrency market, forecasting its market capitalization could reach $100 trillion due to global liquidity trends and technology adoption. His analysis is underpinned by observations of the global liquidity...
Metaplanet Unveils ‘Bitcoin-First’ Strategy to Face Japan’s Economic Weakness
15.5.2024
Metaplanet, a Tokyo-listed public company, has unveiled a “bitcoin first” strategy to combat the Japanese economy’s weakness and the yen’s devaluation. In a document shared on social media, the company stated it will adopt bitcoin as a reserve asset, taking advantage of...
Top Crypto Gainers Today on DEXScreener – RWIF, DUMB, GME
15.5.2024
Trading conditions were broadly bearish on Tuesday as traders focused on a hotter-than-expected US PPI report and commentary from Fed Chair Jerome Powell, with traders having to turn to the on-chain meme coin markets in the hunt for top crypto gainers today.
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Billionaire Peter Thiel’s Venture Capital Firm Leads Polymarket’s $45 Million Series B Funding Round
15.5.2024
Billionaire Peter Thiel’s Founders Fund recently led the Series B funding round for the crypto-based prediction markets platform, Polymarket, which raised $45 million. The latest round valued Polymarket lower than the $1 billion it had anticipated before the Commodity Futures Trading Commission...
Cypher core contributor admits to stealing $260K and gambling it away
15.5.2024
The contributor, “hoak,” said their actions were due to a “crippling gambling addiction” and “psychological factors that went by unchecked.”
From Historic Banking Family to BTC — Rothschild-Linked Firm Invests in Bitcoin ETFs GBTC and IBIT
15.5.2024
According to a recent earnings filing, Edmond de Rothschild Holding S.A., a private banking and asset management entity linked with the distinguished Rothschild banking family from France, holds shares in Grayscale’s GBTC and Blackrock’s IBIT. Edmond de Rothschild Holding’s...
Shiba Inu (SHIB) Token Holder Swaps $23000 Into Mollars ICO — DCA’ing, King Shrimp Passed Whales
15.5.2024
A crypto shrimp, perhaps better called the King shrimp, who was earlier tracked by Crypto.News has upped the holdings of his Mollars token presale ‘bag.’ Buying frequently or dollar cost averaging into the presale, the traders frequent buys have made them what’s believed to be the biggest holder...
Bitcoin will stay in $55K to $75K zone for now: Novogratz
15.5.2024
Mike Novogratz says crypto is in a “consolidation phase” and predicts that prices will bounce higher at the end of the current quarter
UK closes ‘trust me bro’ crypto firm that gave horrible advice to clients
15.5.2024
It comes just two weeks after the Insolvency Service secured a winding-up order against Amey’s firm in the United Kingdom High Court on April 30
Crypto Broker Fined Nearly $1.7M for Illegally Providing Access to Digital Asset Exchanges
15.5.2024
On May 13, the Commodity Futures Trading Commission announced it had fined crypto brokerage firm Falcon Labs Ltd. approximately $1.7 million. The fines are penalties for the firm’s illegal facilitation of U.S. residents’ access to digital asset derivative exchanges. The commission has urged digital...
Brazil Upholds Crypto Donations Ban for Political Parties and Candidates
15.5.2024
Brazilian authorities have upheld a ban on the use of crypto donations to fund political parties and candidates’ electoral campaigns in the country.
The post Brazil Upholds Crypto Donations Ban for Political Parties and Candidates appeared first on Cryptonews
Vanguard, Avowedly Anti-Crypto, Names Bitcoin-Friendly Ex-BlackRock Exec as CEO
15.5.2024
Andrew Tate Pours $6M Into Gamestop as Meme Stock Craze Continues to Shock Wall Street
15.5.2024
The frenzy surrounding GME and AMC remains ongoing, with both stocks experiencing increases of 200% and 150%, respectively, over the past five days. In the midst of this excitement, CNBC’s Mad Money host Jim Cramer suggested that the companies would be foolish not to seize the opportunity to raise...
Crypto investment funds intake $130M, while filings reveal new spot BTC ETF purchasers
14.5.2024
Inflows to crypto investment funds top $130 million, and 13F filings reveal new institutional investors’ spot BTC ETF positions
Macro Investor Dan Tapiero Predicts ‘Scary Bullish’ BTC Prospects; Foresees Crypto Asset Surpassing $90K
14.5.2024
Macro investor Dan Tapiero has described bitcoin’s prospects as extremely bullish. He predicts that if bitcoin breaks the $65,000 mark, it could likely rise to $90,000 and beyond. Although he acknowledges that the specific catalyst for bitcoin’s imminent breakout is unclear...
Top 10 US Pension Fund Invests $162 Million In Bitcoin ETFs
14.5.2024
Wisconsin's leading pension fund bought shares in both BlackRock and Grayscale's Bitcoin ETFs.
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