Tag: news.bitcoin

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Former Bank CEO Pleads Guilty to Embezzling $47M to Buy Crypto, Leading to Bank Collapse

Former Heartland Tri-State Bank CEO Shan Hanes pleaded guilty on Thursday to embezzling $471 million for personal cryptocurrency purchases, leading to the bank’s collapse From May to July 2023,

Kelp DAO Secures $9 Million in Private Sale to Boost Defi Expansion

Kelp DAO, a liquid restaking platform, has completed a private funding round, amassing $9 million to propel its growth in the decentralized finance (defi) sector The funding aims to enhance the

Ebury Botnet Expanding: Malware Continues to Steal Cryptocurrency

ESET Research has disclosed that the Ebury botnet, a formidable malware campaign targeting servers, is still active and expanding Initially recognized for its capability as a server-side backdoor,

US Congress Building Pro-Crypto Army, Lawmaker Says

Crypto is gaining momentum among US lawmakers Senator Cynthia Lummis stated: “We are building a pro-crypto army in Congress” This declaration came shortly after the House of Representatives

SEC Approves First Eight Spot Ether ETFs

The Securities and Exchange Commission (SEC) has approved the first eight proposals for spot ether exchange-traded funds (ETFs) According to a document issued on May 23 that orders grating an

Brian Kelly: Solana Might Get the Next Spot ETF

Brian Kelly, founder and CEO of BKCM, a digital currency investment firm, stated that while he is still unsure about the imminent approval of a spot ether EFT, he trusts that it will be approved

Former Bitmex CEO Arthur Hayes: A Weak Yen Solution Might Propel Bitcoin to $1 Million

Arthur Hayes, former CEO of Bitmex and current CIO of Maelstrom, has predicted the geopolitical and economic dynamics that will be taken to equilibrate the exchange rate between the US dollar and the

Bybit CEO Dismisses Hacking, Insolvency Claims; Says Rumors Lack Factual Basis

Ben Zhou, co-founder and CEO of Bybit, has dismissed rumors circulating on social media that the cryptocurrency exchange has been hacked or is insolvent Zhou stated that these rumors are not

Nigerian Prison Agency Held Responsible for Court Absence of Jailed Binance Executive

The Nigerian Correctional Service recently faced accusations of failing to bring Tigran Gambaryan, a jailed Binance executive, to a court hearing on May 22 A lawyer representing the Nigerian revenue

Spokesperson Hints at Sam Bankman-Fried’s Possible Move to California Prison

According to the Wall Street Journal, the convicted FTX co-founder Sam Bankman-Fried (SBF) is being transferred from the Metropolitan Detention Center in Brooklyn to an undisclosed location Sources

Coinbase Reenables XRP Trading in New York

“Coinbase Reenables XRP Trading in New York” – In a significant development for the cryptocurrency community in the Empire State, Coinbase has reenabled XRP trading in New York

Analyst: Gold Demand From China Continues Supporting the Bull Market

Jan Nieuwenhuijs, a gold market analyst, has assessed the state of the gold market, reporting that growing demand from both the private market and the People’s Bank of China (PBOC) has been