Thomas Smith, the former Chief Technology Officer of the now-defunct cryptocurrency firm SafeMoon, has pleaded guilty to charges of securities fraud conspiracy and wire fraud conspiracy in connection with a multimillion-dollar scheme that allegedly defrauded investors out of more...
Canary Capital’s proposed spot Litecoin ETF has been listed on the Depository Trust and Clearing Corporation (DTCC) under the ticker LTCC, marking a significant step toward its potential launch. The listing, which appeared on the DTCC late Thursday, February...
Alexander Leishman, CEO of River, a Bitcoin-based financial services provider, has weighed in on the growing debate surrounding quantum computing's potential threat to Bitcoin. While he remains sceptical of any immediate risk, Leishman argues that Bitcoin is uniquely vulnerable...
Utah is on the verge of making history as the first U.S. state to hold Bitcoin as a reserve asset. The state’s proposed “Blockchain and Digital Innovation Amendments” (HB230) bill successfully passed the Senate Revenue and Taxation Committee on...
Argentinian President Javier Milei faces a deepening crypto scandal over his involvement in the Libra rise and fall last weekend. A new revelation that over $99 million was withdrawn from the liquidity pool of the memecoin has just come...
Russia's Bitcoin mining industry witnessed substantial expansion in 2024, with mining farms increasing by 7% to 136,600 nationwide, according to a report by the Russian newspaper Kommersant. Kommersant, citing data from MTS EnergyTool, stated that the country's total mining...
Immutable co-founder Robbie Ferguson has revealed that several gaming companies valued at over $1 billion are now seriously exploring token launches. In a February 21 post on X, Ferguson shared that he has had multiple discussions with major gaming...
Ho Kai Xin, a former payroll manager at Bybit, has been reportedly sentenced to nine years and 11 months in prison for embezzling approximately $4.2 million from the exchange’s coffers. According to The Straits Times, the 32-year-old Singaporean was...
Ethereum co-founder Vitalik Buterin has expressed concerns over what he describes as a “moral reversal” within the cryptocurrency industry, particularly in response to criticism of Ethereum’s stance on blockchain-based gambling. During a February 20 Ask Me Anything (AMA) session,...
The U.S. Securities and Exchange Commission (SEC) has withdrawn its appeal against a court ruling that blocked a proposed regulatory change aimed at decentralized finance (DeFi) protocols. On February 19, the SEC submitted a request to dismiss the appeal,...
