Tag: news.bitcoin
Blockchain
Lawyer Pleads Guilty in $9.5M Crypto Ponzi Scheme — Faces 5 Years in Prison
David Kagel, a disbarred California attorney, pleaded guilty to orchestrating a cryptocurrency Ponzi scheme that defrauded victims of over $95 million Kagel, 85, promised high returns through
Blockchain
Companies in Two Capital Markets Reportedly in Negotiations to Implement Microstrategy’s Bitcoin Business Model
Companies in two capital markets are looking to implement the business model that Microstrategy, led by entrepreneur Michael Saylor, pioneered in the US According to David Bailey, CEO of Bitcoin
Blockchain
SEC Commissioner Proposes Joint US-UK Digital Securities Sandbox
US Securities and Exchange Commission (SEC) Commissioner Hester Peirce has proposed a joint US-UK digital securities sandbox She noted that the US and UK are ideally positioned for this initiative,
Blockchain
JPMorgan’s JPM Coin Sees Transactions ‘Explode’ With Programmability Features
Global investment bank JPMorgan’s JPM Coin has seen a significant surge in transactions, according to Umar Farooq, head of Onyx by JP Morgan During a session at the Consensus conference, Farooq
Blockchain
Elon Musk Says Crypto Can Shift Power From Government to the People, but Denies Discussing Crypto With Trump
Tesla and Spacex CEO Elon Musk has debunked reports claiming that he advised former US President Donald Trump on cryptocurrency While stating that he is pretty sure he has not discussed crypto with
Blockchain
$2.18 Billion Digital Assets in Kind Returned to Earn Users, Gemini Says
Cryptocurrency exchange Gemini announced on Wednesday that Earn users have received $218 billion of their digital assets in kind, representing 97% of their assets owed and a 232% recovery since
Blockchain
UXLINK’s Profit Rises Sharply in Web3 Social Infrastructure
PRESS RELEASE UXLINK, a leading Web3 social platform and infrastructure provider, has reported a significant increase in profits, driven by its innovative business model and expanding ecosystem For
Blockchain
Bitcoin’s Scaling Dilemma: Binance Report Sheds Light on BTC’s Enhancement HurdlesÂ
Amidst the backdrop of this year’s skyrocketing BTC transaction fees and a congested network, the latest Binance Research report, “The Future of Bitcoin #3 – Scaling
Blockchain
Shibarium’s New Checkpoint Mechanism Cuts Ethereum Bridging Time
The Shiba Inu (SHIB) network development team has dramatically improved the Shibarium network, according to a post from the Shibarium network’s X account The work reduces the token bridging time to
Blockchain
Blackrock’s IBIT and Fidelity’s FBTC Drive $28M Inflows for US Bitcoin ETFs
On Wednesday, US spot bitcoin exchange-traded funds (ETFs) continued their streak of positive gains, collecting $283 million in inflows This marks the 12th consecutive day of positive inflows for US
Blockchain
Terraform Labs, Do Kwon Reach Preliminary Settlement With SEC
Singapore-based Terraform Labs and its founder Do Kwon have reportedly reached a preliminary settlement with the US Securities and Exchange Commission (SEC) after being accused of misleading
Blockchain
Iconic Auto Brand DeLorean Partners With Web3 Agency Otherlife to Launch Digital Marketplace
On May 30, the renowned auto brand DeLorean, made famous in the iconic film “Back to the Future,” revealed a collaboration with Web3 creative agency Otherlife, a branch of Moonpay
