A crypto mining firm faces a $14 million penalty after admitting to a $2.5 million bribery scheme to secure a Japanese casino contract, which ultimately failed.
A Mining Empire’s Downfall: Bribery Scandal Leads to Global Fallout
The U.S. Department of Justice (DOJ) and the U.S. Securities and Exchange Commission (SEC) have taken major actions against Bit Mining Ltd., a cryptocurrency mining…
Grayscale's Bitcoin and Ethereum Mini ETFs See Share Prices Multiply
November 20, 2024
Grayscale Investments has finalized reverse share splits for its Bitcoin Mini Trust ETF (BTC) and Ethereum Mini Trust ETF (ETH), effective Nov. 19, 2024. These splits adjust share prices relative to their net asset values, with BTC shares increasing fivefold and ETH shares…
13 Regions Face Crypto Mining Ban Under Russia's New Energy Policies
November 20, 2024
Russia’s governmental commission on electricity development approved cryptocurrency mining restrictions on Monday, set to take effect on Dec. 1 with subsequent enforcement covering Nov. 15 to March 15 annually through 2031. Deputy Energy Minister Yevgeny Grabchak confirmed…
On Nov. 14, 2024, a mysterious mega whale, tracked by our newsdesk since 2020, splashed back onto the scene by shifting an impressive 40 block rewards from 2010—a total of 2,000 BTC. This rare crypto transaction, the first of its kind in well over a decade, has onchain watchers buzzing as this major holder once again moves a hefty stack of bitcoin.
Silent Giant Strikes Again: 2010 Mega Whale…
President Javier Milei advocated for maintaining a separation of crypto and state. The Argentine leader stated that private cryptocurrencies might collaborate to end the state monopoly on currency, and rejected CBDCs.
Milei Supports Maintaining Crypto Outside the State’s…
UK Crypto Rules Poised to Shift as Trump's US Policy Gains Momentum
November 15, 2024
The UK government reportedly plans to unveil new UK cryptocurrency regulations this month, aiming to bolster the UK’s cryptocurrency regulations position as a global crypto hub amid increasing competition from the U.S., where recent policy shifts under Donald Trump favor…
Peter Brandt Spots Dogecoin-Bitcoin Chart Similarities: Is a Big DOGE Move Brewing?
November 14, 2024
Veteran trader Peter Brandt sees dogecoin mirroring bitcoin’s 2016 price pattern, signaling a potential rally as technical indicators align and Elon Musk’s influence boosts investor sentiment.
Peter Brandt Identifies Dogecoin’s 2016 Bitcoin-Like Pattern, Expects Rally
Veteran trader and chartist Peter Brandt took to social media platform X on Wednesday to highlight a potential parallel…
An Elusive Indian Suspect at the Center of Indiana's Crypto Fraud
November 14, 2024
Authorities in Grant County, Indiana, have recovered $36,000 in a cryptocurrency scam involving Prateek Jain, a 33-year-old man from Kolkata, India. Jain faces charges of felony fraud and money laundering after allegedly convincing a Marion, Indiana resident to deposit funds…
Inside Russia's Crypto Rules: Sberbank CEO Reveals Key Insights
November 14, 2024
Sberbank CEO Herman Gref stated that the use of cryptocurrencies as a payment method within Russia remains prohibited by law and is unlikely to be approved anytime soon. Speaking at the “FI Day. Blockchain: On the Edge of a New Financial Era” conference in Moscow, Gref…
Arthur Hayes predicts bitcoin could hit $1 million, driven by Trump’s massive credit expansion policies, which he argues will fuel inflation and push investors toward hard assets like BTC.
Arthur Hayes Sees a Million-Dollar Bitcoin Amid Shifting US Policies
Arthur Hayes, co-founder and former CEO of crypto exchange Bitmex, predicts bitcoin could surge to $1 million, driven by President Trump’s…
