An Ontario Superior Court justice has ruled that “Crypto King” Aiden Pleterski can represent himself in his upcoming October trial for criminal fraud and money laundering. Self-Representation Approved A Canadian court has ruled that accused crypto fraudster Aiden Pleterski can represent himself in a criminal fraud and money-laundering trial set to begin in early October. …
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A Bitcoin address whose coins had not moved since May 2011 shifted 20.43 BTC worth about $1.7 million earlier today, ending a 15.4-year sleep. Analyzing the Origin of the Coins Onchain Lens unearthed the move earlier today, estimating that the whale picked up its bitcoin haul at a staggering $3 to $4. The individual is …
Continue reading “Bitcoin Price at $83,000 Turns a Silk Road-Era Whale’s $70 Into $1.7M”
Securities and Exchange Commission (SEC) Chair Paul Atkins told CNBC that “even though the CLARITY Act failed in Congress,” the agency is “proceeding to provide clarity” on how to raise money onchain. What Did Atkins Actually Say? Atkins sat down with CNBC’s Squawk Box in a wide-ranging Sept. 29 interview covering the initial public offering …
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The attackers who drained roughly $388 million from Bitget first ran code inside a compromised server on Aug. 31, nearly four weeks before the theft, according to a Slowmist investigation released today. The Door Was Open Since August Bitget brought in the blockchain security firm on Sept. 25 to investigate the theft from its hot …
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The National Council on Problem Gambling is looking for a new executive director after Heather Maurer’s resignation. She is the second senior staff member to depart in a week at the U.S. nonprofit, which has faced criticism since accepting $2 million from Kalshi in May. Two Departures in Seven Days The National Council on Problem …
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A New Jersey woman has pleaded guilty to bank fraud after trying to deposit a stolen U.S. Treasury check worth $410,085.48 at a Connecticut credit union. Madisyn Pettaway, 31, of Newark entered the plea in federal court in Bridgeport, says the U.S. Attorney’s Office for the District of Connecticut. Prosecutors say Pettaway opened an account …
President Donald Trump is pitching direct “dividend” payments to people who live near data centers as a way to share the boom from AI infrastructure buildouts. The comments came Tuesday after he hosted technology leaders at the White House. “The people are going to benefit directly, whether its teachers that get paid a bonus, whether …
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A Louisiana family and their associates have been indicted in an alleged arson-linked insurance fraud scheme that prosecutors say pulled in more than $1,000,000. U.S. Attorney Zachary A. Keller just announced federal charges against seven defendants. Prosecutors say Lashaundalyn Whitlock Brown, 41, of West Monroe, along with family members and associates, faces conspiracy to commit …
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A major U.S. bank is rolling out new rails that let businesses move between traditional bank money and stablecoins without juggling separate crypto systems. Citi and Coinbase expanded their collaboration with two U.S.-first products that connect fiat banking to stablecoin payments, says Citi. Coinbase Virtual Accounts use Citi’s Virtual Account Wallet so payments customers get …
TL;DR BTCS says its Imperium DeFi unit has completed preparatory compliance steps for potential use of the SEC’s Covered Firm exemption. The company has submitted the required notice and published relevant disclosures. Imperium has not yet started providing tokenized-equity liquidity because a qualifying Tokenized Securities Venue must first become operational. BTCS is positioning its DeFi …
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TL;DR 21Shares has declared September staking distributions for five crypto ETFs covering Ethereum, Solana, Hyperliquid, Sui and Polkadot. The largest per-share distribution is $0.191360 for the Hyperliquid Staking ETF. The funds distribute staking rewards generated by their underlying proof-of-stake assets to shareholders. 21Shares has declared a fresh round of staking distributions across five crypto exchange-traded …
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TL;DR Volante Technologies and Circle have announced a collaboration around stablecoin payment and settlement infrastructure. Volante plans to bring USDC workflows into the same payment platform banks already use for conventional rails. The work covers areas including minting, redemption, wallet registration, funding and wallet-to-wallet payments. Circle is bringing USDC deeper into the software stack banks …
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TL;DR Soluna and Bitdeer have expanded their Project Kati 1 agreement by approximately 7 MW. Bitdeer’s total deployment at the wind-powered Texas site will rise to 35 MW and about 2.42 EH/s. The additional capacity is expected to be deployed by November and fully books the K1BC phase of the project. Soluna and Bitdeer are …
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TL;DR DeFi Development Corp added approximately 47,706 SOL and SOL equivalents since September 21. Total holdings have reached roughly 2.538 million SOL and equivalents, valued by the company at about $309 million. The treasury has grown around 10% since the company’s August 12 earnings update. DeFi Development Corp has pushed its Solana treasury above 2.5 …
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AllUnity is launching USDAU, its fourth fiat-backed stablecoin, expanding a MiCA-regulated lineup that already covers the euro, Swiss franc and Swedish krona.
