The UK government is urged to create a bitcoin reserve as Trump’s pro-crypto policies drive global competition in the race for digital economic dominance.
Bitcoin Reserve in UK Sparks Debate as Trump Drives Global Crypto Shift
Nigel Green, CEO of Devere Group, an independent wealth management and financial advisory organization, has called on the UK government to develop a national bitcoin…
Solana ETF Momentum Grows Amid Reports of SEC Engagement
November 22, 2024
The SEC’s reported progress on Solana ETF filings and potential leadership changes have sparked optimism, signaling a possible shift in cryptocurrency market investment regulations.
Solana ETF Filings Spark New Hope
Discussions about a solana (SOL) spot exchange-traded…
The U.S. Justice Department has announced the seizure of Popeyetools, a cybercrime marketplace, and unmasked its role in illicit cryptocurrency transactions. Administrators Abdul Ghaffar, Abdul Sami, and Javed Mirza were charged with selling stolen financial data and…
A federal grand jury in Miami has charged nine individuals with laundering U.S. drug proceeds into cryptocurrency for Mexican and Colombian cartels, utilizing “a network of black market cryptocurrency launderers and unlicensed money transmitters,” according to the U.S. Department of Justice. From 2020 to 2023, defendants allegedly coordinated cash pickups from U.S. drug sales, converting funds…
Bitcoin Surpasses $95,000: A Milestone in Cryptocurrency Markets
November 21, 2024
Bitcoin (BTC) reached an all-time high of $95,023 on Bitstamp today, gaining 4% against the U.S. dollar in the past 24 hours and 5.2% over the past week. With a market capitalization of $1.87 trillion, bitcoin now ranks as the seventh most valuable global asset, trailing…
Chinese Court Orders Refund in Controversial Crypto Contract Dispute
November 21, 2024
A Shanghai court ordered a partial refund after ruling a token fundraising contract illegal, citing violations of Chinese financial regulations.
Token Fundraising Faces a Major Setback in a Shanghai Court Judgment
The Shanghai High Court published details on Wechat Monday…
Binance Warns of Fake Tokens Exploiting Its Name
November 21, 2024
Cryptocurrency exchange Binance warned its community on Monday about a surge in fraudulent tokens falsely claiming affiliation with the platform, spreading across social media. The company emphasized that these tokens are neither endorsed nor authorized by Binance, potentially exposing users to scams and financial harm. “Please remember to verify information through our official channels. Be…
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…
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 the decision, which targets 13 regions, including Irkutsk, Buryatia, and Transbaikal, excluding Moscow. The extended…
