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Fraud Conviction of ‘My Big Coin’ Founder Randall Crater Upheld on Appeal


A US appeals court has upheld the prior sentencing of “My Big Coin” fraud founder Russell Crater. Crater will serve over 8 years and pay $7.6 million for orchestrating a fraud from 2013 to 2017, facing charges including wire fraud, unlawful transactions, and running an unlicensed money...

Comedian Trevor Noah Regrets Not Investing in Bitcoin Early


South African comedian and entertainer Trevor Noah has expressed regret over not investing in Bitcoin (BTC) during its early days when it was practically "worth nothing."  The post Comedian Trevor Noah Regrets Not Investing in Bitcoin Early appeared first on Cryptonews

Republican Senators Propose Legislation to Prohibit CBDC: The Hill


U.S. GOP legislators have proposed a bill to ban Federal Reserve-backed central bank digital currencies, citing concerns over privacy and government access to citizens’ spending data. The post Republican Senators Propose Legislation to Prohibit CBDC: The Hill appeared first on Cryptonews

Over $268 Million Shorts Liquidated as Bitcoin Price Briefly Tops $57,000


Bitcoin price rallied over 10% to soar above $57,000 for the first time since November 2021, resulting in total shorts positions to bleed over $268 million in the last 24hrs, including $158 million in bitcoin shorts. The post Over $268 Million Shorts Liquidated as Bitcoin Price Briefly Tops $57,000...

SEC’s grip over crypto under scrutiny


Coinbase and the US Securities & Exchange Commission (SEC) continue to lock their heads in the legal sphere. Coinbase filed an MTD in August, and the community now awaits the final verdict. If favorable, Coinbase would land a judgment on the limits of the Commission. The company believes that...

US Trading Hours Drive 12% of Bitcoin’s 23% Monthly Gain: Matrixport


The price of the leading cryptocurrency Bitcoin surged over 23% this month, crossing the $52,000 mark for the first time since December 2021. 12% of the surge came during US trading hours, as per a report by Matrixport. The post US Trading Hours Drive 12% of Bitcoin’s 23% Monthly Gain:...

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