A Maryland woman reportedly lost millions of dollars after falling prey to a growing cryptocurrency scheme largely perpetrated by scammers in Southeast Asia. CBS News reports that the victim was initially contacted by the female scammer through a Korean messaging app. After spending several weeks gaining trust, the fraudster slowly asked for money, supposedly to …
Monthly archives: April 2025
Trader Says a Move Up More Likely for Bitcoin As Indicators Remain Bullish – Here Are His Targets
A widely followed crypto analyst says that Bitcoin (BTC) appears primed to move a leg up as its technical indicators remain bullish despite its most recent downtrend. In a new post on the instant messaging app Telegram, pseudonymous crypto strategist Crypto Capo tells his 121,635 subscribers that the top crypto asset by market cap looks …
Crypto Exchange Gemini Discussing Resolution of $900,000,000 Lawsuit With SEC
The crypto exchange founded by billionaire twins Cameron and Tyler Winklevoss may soon witness the end of its legal dispute with the U.S. Securities and Exchange Commission (SEC) over its now-defunct cryptocurrency asset lending program. In January 2023, the securities regulator filed a lawsuit claiming that Gemini and cryptocurrency lender Genesis Global Capital violated securities …
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Trump Nominee Paul Atkins Clears Senate Panel for U.S. Securities and Exchange Commission (SEC) Chair: Report
Paul Atkins, Donald Trump’s nominee for chair of the U.S. Securities and Exchange Commission (SEC), advanced through the Senate Banking Committee on Thursday. According to a Reuters report, the committee approved Atkins in a 13-11 vote, with all Democrats opposing the nomination. Atkins, a former SEC commissioner, is known for his deregulatory stance and ties …
XRP holds $2 support as chart pattern hints at 73% gain
A bullish chart pattern, investors’ hope for XRP widescale adoption, and Ripple’s aim to integrate its stablecoin into traditional finance have analysts projecting a rally to new highs. XRP (XRP) stabilized near its $2 support after today’s marketwide sell-off sent the altcoin and several other cryptocurrencies close to their swing lows. Data now shows the …
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Cango sells legacy China business, goes all-in on Bitcoin mining: Report
The company reportedly sold its China operations to an entity associated with Bitmain for $352 million. Cango, a publicly traded Chinese conglomerate, has agreed to sell its legacy China operations to an entity associated with peer Bitmain in a bid to go all-in on Bitcoin (BTC) mining, according to a report by The Miner Mag. …
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Pre-seed crypto startup deals have grown 767% since 2021: Report
Bitcoin-specific startups accounted for only about 6% of the total crypto funding deals in 2024, according to a report from Trammell Venture Partners. The number of pre-seed funding rounds for Bitcoin (BTC) startup companies has grown by 767% since 2021, according to a report from venture capital firm Trammell Venture Partners (TVP). Bitcoin pre-seed transactions …
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US lawmakers advance anti-CBDC bill
Bills regulating stablecoins and a potential digital dollar moved out of the US House Financial Services Committee after a late-night vote. The US House Financial Services Committee advanced a bill aimed at preventing federal banks from using or issuing central bank digital currencies, or CBDCs, paving the way for a vote in the chamber. In …
FBI Recovers $8,000,000+ of Investor Funds Stolen by CEO of Collapsed Heartland Tri-State Bank in Crypto Scheme
The Federal Bureau of Investigation (FBI) has recovered more than $8 million worth of digital assets to repay shareholders of a bank that failed after its chief executive funneled millions of dollars of depositor money into a crypto scheme. In 2023, Shan Hanes, the CEO of Heartland Tri-State Bank (HTSB) in Elkhart, Kansas, sent a …
Render Network To Host RenderCon 2025 – Exploring the Future of Hollywood and AI
April 3, 2025 – Los Angeles, California The Render Network Foundation is thrilled to announce RenderCon, a one-day event on April 15, 2025, at Nya Studio in Hollywood, California, to explore how art, media and exa-scale computing are shaping the decade ahead. The inaugural RenderCon will bring together luminaries from across media, entertainment, AI and …
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Stabull Labs Announces Public Sale of STABUL Token on ProBit Global Exchange
April 3, 2025 – Próspera ZEDE, Honduras Public sale of governance token commences on April 16, 2025, with a listing to follow in May. Near-term upgrades include Base chain integration, wallet expansion and DeFi aggregator support. Stabull Labs LLC – operator of the stablecoin and RWA (real-world asset) DEX (decentralized exchange) Stabull.Finance – has announced …
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Bitcoin falls toward $80K and prints ‘death cross’ as US stocks mimic 2020 COVID-19 crash
Bitcoin’s pre-reciprocal US tariff gains evaporated as the S&P 500 prints intra-day losses not seen since the height of the COVID-19 sell-off in mid-2020. Bitcoin (BTC) hit new monthly lows at the April 3 Wall Street open as US unemployment data added to pressure on risk assets. BTC/USD 4-hour chart. Source: Cointelegraph/TradingView Data from Cointelegraph …
ParaSwap rebrands to Velora, introduces intent-based DEX trading feature
DEX aggregator ParaSwap has rebranded to Velora and launched its Delta v.2.5 upgrade, introducing a customizable intents-based trading system that enhances trade execution flexibility, MEV protection, and cross-chain functionality. Decentralized exchange (DEX) aggregator ParaSwap announced its rebrand to Velora and is moving on to a new intents-based trading feature. According to an announcement shared with …
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Wintermute transfers $75M FDUSD since depegs, in $3M arbitrage opportunity
Wintermute’s blockchain transactions point to a smart arbitrage opportunity that arose after FDUSD depegged to $0.87. Market makers’ blockchain transactions point to a potential $3 million arbitrage opportunity related to the depegging of the FDUSD stablecoin. The First Digital US dollar-pegged stablecoin (FDUSD) depegged on April 2, after Tron founder Justin Sun claimed that the …
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Treasure DAO announces huge pivot in hopes of extending runway to February
Treasure DAO chief contributor John Patten says the annual burn rate for the DAO has been $8.3 million, but the new measures aim to reduce costs. Decentralized video game ecosystem Treasure DAO is restructuring as “a matter of survival” to extend its financial runway to at least February 2026. Treasure DAO’s chief contributor John Patten …
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