‘Crypto King’ Aiden Pleterski faces fraud, money laundering charges
Pleterski and an associate were arrested months after multiple investor complaints and months of police investigation. Go to Source
Month: May 2024
Big miners pose a growing threat to Bitcoin
As of May, AntPool and Foundry USA controlled more than 50% of Bitcoin’s hash rate. That could become a problem for Bitcoin users in the near future. Go to Source
Bitcoin moves toward range highs but derivatives traders watch from the sidelines
Bitcoin price showed strength near its medium-term range high but multiple factors are preventing derivatives traders from opening new positions. Go to Source
VC Roundup: Web3 infrastructure, ‘tokenization of everything’ drawing investors
Funding for crypto startups rose to over $1 billion in April, with investors focusing on tokenization, Web3 infrastructure, and institutional demand amid the bull market. Go to Source
Andrew Tate Plans to Invest Big in Bitcoin, Leaving Fiat Completely
Andrew Tate, a British-American social media personality and former professional kickboxer, has announced a plan to invest significantly in bitcoin, expressing frustration with banks and their scams. “I’m about to leave fiat completely,” he stressed. “I’m done with the banks. I’m done with their money. Done with the scams.” Andrew Tate Plans to Shift ‘100M’ … Read more
BlockDAG’s Dashboard Upgrade: $14.7M Polygon Sell-Off, GRT Surge
BlockDAG’s Dashboard Upgrade Sets New Transparency Standard, Influencing Over Polygon News & GRT’s 11.04% Price Surge While Polygon (MATIC) news reveals a bearish trend with whales dumping $14.7 million worth of MATIC, and The Graph (GRT) price shows a promising 11.04% surge, BlockDAG’s latest dashboard upgrade is setting a new standard in the crypto world. … Read more
Solana Meme Coin Marketplace Pump.fun Suffers $80 Million Exploit
Pump.fun, a Solana-based marketplace and deployment tool for meme coins, has acknowledged suffering an exploit dealing with the bonding curve contracts in its platform. While the protocol is still investigating the matter, it reported that “the TVL in the protocol right now is safe,” as it has upgraded the contracts to deal with the attack … Read more
Bitwise CIO says BTC ETFs are huge success and 13F filings make him ‘incredibly bullish’
Bitwise CIO Matt Hougan says this week’s 13F filings prove that the spot Bitcoin ETFs were a “huge success.” Go to Source
US Senate Votes to Overturn SEC’s Controversial Crypto Rules — Biden’s Veto Threat Looms
The U.S. Senate has voted to overturn the Securities and Exchange Commission (SEC)’s controversial SAB 121, which imposes regulatory burdens on digital asset custodians. The resolution also passed in the House and now faces a veto threat from President Joe Biden. Last week, the White House issued a statement: “If the President were presented with … Read more
French regulator warns investors Bybit provided services ‘illegally’
The Autorité des Marchés Financiers reported Bybit has been blacklisted since May 2022 “for non-compliance with current French regulations.” Go to Source