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Tether Partners With Guinea to Drive Digital Transformation and Economic Growth Through Blockchain Technology

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Tether, the largest stablecoin company, announced the signing of a Memorandum of Understanding (MoU) with the Republic of Guinea on February 17, aimed at accelerating the country’s digital transformation and economic growth through blockchain technology. This strategic partnership will focus on education, innovation, and sustainable technology practices, facilitating the transfer of international knowledge to Guinea … Read more

Report: Trump Administration Pressures Romania to Lift Travel Restrictions on Controversial Influencers Andrew and Tristan Tate

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US President Donald Trump’s administration has reportedly pressured Romanian authorities to lift travel restrictions on controversial influencer and memecoin promoter Andrew Tate, along with his brother Tristan, who face serious allegations in Romania. Currently under judicial control, the Tates can travel within Romania under specific legal conditions, while both brothers deny any wrongdoing. The Financial … Read more

Metaplanet Expands Bitcoin Holdings With Additional Purchase of 269.43 BTC

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Metaplanet announced on Monday that it has acquired an additional 269.43 BTC, valued at approximately $26.4 million (¥4 billion). This latest purchase brings the company’s total holdings to around 2,031 BTC, which is worth about $196 million at current prices. With an average purchase price of around $80,700 per bitcoin, Metaplanet’s overall investment in bitcoin … Read more

Brazil Ditches BRICS Currency Plan, Favors Trade in National Currencies

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Brazil has reportedly decided against pursuing a common currency for the BRICS nations during its presidency this year. Instead, the focus will be on facilitating trade in local currencies, a move that’s been met with warnings from U.S. President Donald Trump about challenging the U.S. dollar’s dominance. The BRICS bloc has been exploring alternatives to … Read more

Feds Say AI Crypto Firm Was a Scam, Owner Faces Trial

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A Las Vegas businessman, Brent C. Kovar, 58, has been indicted for allegedly orchestrating a $24 million cryptocurrency Ponzi scheme through his company, Profit Connect. Prosecutors claim Kovar falsely promoted Profit Connect as an artificial intelligence-powered cryptocurrency mining firm that guaranteed fixed investment returns of 15%-30% APR and falsely implied FDIC backing. From 2017 to … Read more

Goldman Sachs Boosts Bitcoin ETF Holdings

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Goldman Sachs significantly expanded its Bitcoin ETF holdings in Q4 2024, increasing its stake in the Ishares Bitcoin Trust ETF (IBIT) by 88% to $1.27 billion, according to its latest SEC filing. The firm also boosted its investment in the Fidelity Wise Origin Bitcoin Fund (FBTC) by 105%, now holding $288 million in shares. While … Read more

Clucoin Founder Sentenced to 27 Months for $1.14M Crypto Fraud

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The founder of Clucoin, Austin Michael Taylor, was sentenced to 27 months in prison for wire fraud, followed by three years of supervised release, and ordered to pay $1.14 million in restitution and forfeitures. Taylor, 41, from Sykesville, Maryland, used his social media influence to promote Clucoin, a Miami-based cryptocurrency project under his company, CLU … Read more

Hashflare Operators Plead Guilty in Massive Fraud Case

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Two Estonian nationals, Sergei Potapenko and Ivan Turõgin, pleaded guilty to operating a $577 million cryptocurrency Ponzi scheme through their fraudulent mining service, Hashflare. The scheme, running from 2015 to 2019, deceived hundreds of thousands worldwide, including U.S. investors, by selling mining contracts despite lacking the computing power to generate promised returns. Instead, they fabricated … Read more

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