Bitmex Co-Founder Arthur Hayes Avoids Prison for Violating US Bank Secrecy Act

Bitmex Co-Founder Arthur Hayes Avoids Prison for Violating US Bank Secrecy ActBitmex co-founder Arthur Hayes is not going to prison for violating the U.S. Bank Secrecy Act. Instead, the former crypto exchange CEO has been sentenced to “six months of home detention and two years of probation.” Hayes has agreed to pay a fine of $10 million. Bitmex’s Arthur Hayes Sentenced The U.S. Department of Justice […]

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Terra Luna Price Up 59% Today, Why Is the Price Rising?

Terra LUNA’s price is up over 59% today, currently trading at $0.0001912, surpassing $1.2 billion in market capitalization. The recent price hike for LUNA is most likely due to Terra’s Founder, Do Kwon’s statements yesterday, responding to accusations and questions from the community, which put the market at ease. Let’s look at Terra LUNA and UST and see what the future may hold for the two cryptocurrencies. Revival Plan 2 Will Most Likely Get Approved There are only two days left for the latest Terra Builders Alliance: Rebirth Terra Network revival plan proposal. The new plan suggests creating a new

The post Terra Luna Price Up 59% Today, Why Is the Price Rising? appeared first on The Merkle News.

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CFTC Chairman Confirms Bitcoin, Ether Are Commodities

CFTC Chairman Confirms Bitcoin, Ether Are CommoditiesThe chairman of the U.S. Commodity Futures Trading Commission (CFTC) says he is certain bitcoin and ether are commodities. He outlined how his agency is working with the U.S. Securities and Exchange Commission (SEC) to regulate the crypto sector, noting that “there are no customer protections right now in the crypto market.” Bitcoin and Ether […]

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Russian Appellate Court Cancels Decision to Block Tor Project’s Website

Russian Appellate Court Cancels Decision to Block Tor Project’s WebsiteA court of appeals in Russia has overturned a ruling by a regional court which allowed the blocking of the Tor Project’s website in the country. Due to violations during the initial proceedings, the case has been returned to the court of the first instance for another review. Roskomsvoboda Helps Cancel the Blocking of Tor […]

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So-Called ‘Pharma Bro’ Martin Shkreli Turns ‘Crypto Bro’ — ‘I Started Using Uniswap in Prison’

So-Called ‘Pharma Bro’ Martin Shkreli Turns 'Crypto Bro' — 'I Started Using Uniswap in Prison'Following his release from prison, the former hedge fund manager and convicted felon, Martin Shkreli, discussed cryptocurrencies and using the decentralized exchange (dex) platform Uniswap from a federal penitentiary. The so-called ‘Pharma Bro’ further explained that eventually, a crypto entity could dethrone some of the largest banking giants. Martin Shkreli Talks Defi and Cryptocurrencies Martin […]

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Crypto Mining Farm Uncovered in Russia’s Oldest Prison

Crypto Mining Farm Uncovered in Russia’s Oldest PrisonRussian law enforcement officials are investigating a crypto mining operation at Butyrka, Russia’s oldest prison. A deputy warden has been accused of stealing electricity to mint digital coins with the help of unidentified accomplices. Deputy Warden Suspected of Mining Cryptocurrency in Moscow Prison A high-ranking representative of the management of Butyrskaya prison, in the Tverskoy […]

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Bitcoin Held on Trading Platforms Continues to Drop Lower, Over 68% of the Total Held by 5 Exchanges

Bitcoin Held on Trading Platforms Continues to Drop Lower, Over 68% of the Total Held by 5 ExchangesAmid the market carnage tied to Terra’s recent fallout, bitcoin sent to exchanges saw a brief spike on May 7, jumping more than 2% higher from 2.481 million to 2.532 million bitcoin. Despite the recent increase of bitcoin sent to trading platforms, the number of bitcoins on exchanges today remains lower than ever before. Bitcoin […]

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