Ex-CEO of Collapsed Bank Sentenced to Over 24 Years in Prison for Embezzling $47,100,000 in Crypto Scheme: DOJ
The former CEO of a failed bank in Elkhart, Kansas will spend 24 years behind bars after funneling millions of...
Month: August 2024
AVAX rebounds 7% as Grayscale and Franklin Templeton join network
Avalanche’s AVAX token surged nearly 7% to around $25 following the announcement that major institutional firms — Grayscale and Franklin Templeton...
Tron founder Justin Sun predicts $4 billion revenue boost with meme strategy
Tron founder Justin Sun believes the blockchain’s revenue could soar to $4 billion within the next year if its current...
Antpool mines consecutive Bitcoin blocks, earns nearly $2 million amid Babylon staking surge
Quick Take Antpool has recently mined two consecutive Bitcoin blocks, securing nearly $2 million in total revenue from both block...
One Bitcoin now buys over 10,000 Big Macs, up from just 51 in 2015
Bitcoin’s purchasing power, as measured by the Big Mac Index, has significantly increased over the past decade. In 2024, one...
Coinbase to support Polygon token upgrade from MATIC to POL
21co analyst sees tokenized US treasuries hitting $3 billion by year-end RWA 1 month ago According to Wan, the trend...
Stablecoins hold around 1% of US Treasury bills today – Bitwise
Quick Take Juan Leon, Senior Investment Strategist at Bitwise Invest, highlights the growing influence of stablecoins in the US Treasury...
Coinbase exec confirms talks with Kamala Harris campaign on crypto policy direction
Vice President Kamala Harris‘ team has been reaching out to key players in the crypto industry as part of an...
Report: Crypto Industry Spends Record $119 Million in 2024 Federal Elections
The crypto industry made waves in the 2024 federal elections by investing a staggering $119 million, positioning itself as the...
Polymarket Wager Shows Trump Taking the Lead in Nail-Biting 2024 Election Bet
On Aug. 22, 2024, Polymarket odds showed former President Donald Trump leading in the prediction market that pits him against...
PEPE Price Jumps 5% as Analyst Forecasts Uptrend, Pepe Unchained Presale Raises $10M
Pepe (PEPE) has jumped 5% in the past 24 hours, catching the attention of meme coin traders. One top analyst...
Tether to Launch UAE Dirham-Pegged Stablecoin
Tether, the major stablecoin issuer, has announced plans to launch a new stablecoin pegged to the United Arab Emirates Dirham...
Babylon Staking Sparks Bitcoin Fee Surge: Transfers Hit $105 Before Plummeting
On Aug. 22, Bitcoin’s onchain transaction fees took off, soaring to more than 1,250 satoshis per virtual byte (sat/vB), which...
Monero Begins Integration of New Privacy Feature (FCMP++) to Enhance Transaction Security
The Monero team has announced the initiation of a new privacy feature integration, known as Full-Chain Membership Proofs (FCMP++). This...
US Bitcoin ETFs Thrive With $39M Boost, Ethereum ETFs Experience $17M Decline
On Wednesday, U.S. spot bitcoin exchange-traded funds (ETFs) marked their fifth straight day of inflows, adding $39.42 million to their...
