CryptoNews

Woman Sentenced to 9 Years in Prison for Crypto-Funded Murder-for-Hire Scheme – News Bytes

Michelle Murphy, 58, from Bedford, Texas, has been sentenced to nine years in federal prison for attempting to hire a hitman using bitcoin to kill her boyfriend’s lover. Charged in September 2023 and pleading guilty in December, Murphy used the dark web to orchestrate the crime, paying $10,510 in bitcoin. The transaction was traced through blockchain analysis after Murphy converted cash to BTC…
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Standard Chartered: Second Trump Term Would Be 'Broadly Positive' for Crypto Markets

Standard Chartered Bank predicts that a second term for the Trump administration would create a favorable regulatory landscape, leading to a positive outlook for the crypto sector. The bank has revised its forecast citing improved market sentiment after cautioning that bitcoin’s price could drop to the $50K range. Standard Chartered on Trump and Crypto Standard Chartered Bank’s head of FX…
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GoMining Secures Bitscale Capital Backing to Accelerate Its NFT-Based Bitcoin Mining Operation

PRESS RELEASE. British Virgin Islands / Wednesday / GoMining, the infrastructure company easing access to Bitcoin mining with its Liquid Bitcoin Hashrate protocol, has raised $3 million through a direct investment from Bitscale Capital, a top international VC fund. The agreement will see Bitscale Capital acquire equity worth $3 million, in the shape of GOMINING, the native cryptocurrency token of…
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CryptoNews

Hut 8’s Bitcoin Mining Output Drops 36% to 148 BTC in April

North American bitcoin miner, Hut 8, said it mined 148 bitcoins, or 36% coins less in April than it did in March. Hut 8 primarily attributes the decrease in the number of mined bitcoins to the relocation of its proprietary miners, which were previously hosted at the Kearney…
CryptoNews

Tether Q1 2024 Attestation Reveals Record $4.52 Billion Profits

Tether, one of the largest cryptocurrency companies, has recently released an attestation of its financial activity corresponding to Q1 2024. Tether registered a record-breaking $4.52 billion in profits, and disclosed its net equity levels, reporting $11.37 billion as of March 31, 2024. Tether issued over $12.5 billion USDT during this period. Tether Attestation Registers Record-Breaking $4.52…
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