Bitcoin Explodes Above $60K Triggering Over $100M in Liquidations.
Bitcoin’s price shot up toward $61K in a sudden move forward. After a choppy price action throughout the past couple of days, the Bitcoin price has taken off, pushing above…
IMF Proposes Crypto Mining Tax to Curb Emissions.
The International Monetary Fund (IMF) is calling for a significant tax hike on cryptocurrency mining operations to combat climate change. The financial institution argues that increasing electricity costs for miners…
Masked Intruders Escape with $2M in Crypto: Thai Police Launched Investigation.
Police in Thailand are investigating a high-stakes crypto heist in Pathum Thani, where $2 million in assets were stolen.Police are actively searching for four Chinese nationals believed to have broken…
Bitcoin Miners Could Earn $13.9 Billion Yearly by Shifting Energy to AI and HPC.
Bitcoin Miners Could Earn $13.9 Billion Yearly by Shifting Energy to AI and HPCBitcoin miners may have the chance to earn an extra $13.9 billion each year by 2027 if…
These Big U.S. Banks Bought Spot Bitcoin ETFs in Q2 2024.
The banks executed the Bitcoin ETF purchases based on client requests and not for their corporate investments. The second quarter of 2024 ended with major United States banks offering institutional…
Elon Musk Shuts Down X Operations in Brazil Over Legal Dispute with Judge
Elon Musk’s social media platform, X, has announced it will cease its operations in Brazil following a legal dispute with Alexandre de Moraes, a judge on Brazil’s Supreme Court. X…
Trump Jr. Launch Telegram Channel for the Official Crypto Project.
Donald Trump Jr. recently unveiled the official Telegram channel, named “The DeFiant Ones,” for the Trump family’s highly anticipated crypto project. Trump Jr. Releases Telegram ChannelAnnouncing this move on his…
This Canadian Crypto Exchange Gambled Away $9.5 Million of Users’ Bitcoin and Ether.
A BCSC panel determined ezBtc diverted customer funds for personal purposes.The British Columbia Securities Commission (BCSC) has determined that the cryptocurrency trading platform ezBtc and its founder, David Smillie, defrauded…
SEC Charges NovaTech Promoters in Alleged $650M Crypto Ponzi Scheme
The SEC alleges the Petions ran a $650M Ponzi scheme, misleading investors by diverting funds to pay off existing investors.The U.S. Securities and Exchange Commission (SEC) has filed charges against…
Bitcoin Fog Founder Plead For Mercy After Money Laundering Conviction.
Roman Sterlingov, the founder of Bitcoin Fog, a crypto mixer, is asking the court for a lighter sentence after being convicted of money laundering and related charges. His lawyers argue…