Crypto Fund Exec Gets 3 Years for $55 Million Pyramid Scheme

Lilian Nurieva, previously serving as the Head of Networks at the Russian cryptocurrency investment fund Finiko, has been handed a three-year sentence for her involvement in defrauding private investors and her participation in an organized criminal group.

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Vote Avoided! House Democrats May Support Crypto Bills

Democratic Party members of the United States House of Representatives have received an email urging them not to vote against two upcoming pro-crypto bills, although they are strongly encouraged to do so.

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US Crackdown on Crypto ATMs Impacts Worldwide Availability

For the first time in 10 months, the global count of active Bitcoin ATMs has declined since July 2023. The United States and Canada jointly represent 91.4% of the total Bitcoin ATM network, with 31,089 (82.6%) machines in the U.S. and 2,909 (7.7%) in Canada.

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Ripple vs. SEC Nears Finish Line: Final Arguments Filed

The ongoing legal dispute between Ripple Labs and the US Securities and Exchange Commission (SEC) has escalated with the SEC's most recent court filing. This filing represents the last submission before Judge Analisa Torres of the Southern District of New York begins deliberating on the remedies phase of this significant case.

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Bankruptcy Court Approves $2 Billion Genesis Settlement

In October 2023, the New York Attorney General (NYAG) filed a lawsuit against Genesis, Gemini, and Digital Currency Group (DCG), alleging they fraudulently took more than $1 billion from over 230,000 investors, including 29,000 New Yorkers.

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Gala Games Suffers $23 Million Exploit Due to Internal Control Issues

The CEO of Gala Games attributed a recent smart contract "security incident," resulting in the theft and sale of $23 million worth of GALA tokens, to internal control failures within the company.

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Crypto Whales Go on Buying Spree: Accumulate $16.8 Billion in Bitcoin After Spot ETF Launch

Institutional investors have made a significant entrance into the cryptocurrency market, particularly following the introduction of spot Bitcoin exchange-traded funds (ETFs) in the United States.

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Russia's Crypto Mining Industry Poised for 20-40% Growth in 2024

According to a report from BitRiver, Russia's largest crypto mining entity, the Russian crypto mining sector is anticipated to see growth ranging between 20% and 40% in 2024. This information was shared by industry insiders and reported by Overclockers.

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Bitcoin Price Surges Past $71,000 for the First Time in Over a Month

Bitcoin (BTC) has surpassed the $71,000 threshold, marking its first time crossing this milestone since April 12. Presently, it's trading at $71,200.

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Bitcoin Soars in Asia and South America, Hitting New Highs in Local Currencies

Bitcoin, also known as BTC, experienced a significant rise in value, reaching new record highs in various countries across Asia and South America. Following a 7% surge in a single day.

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Dogecoin and Shiba Inu Fear Gauge Neutral: Should You Buy Now?

Shiba Inu and Dogecoin remain popular options for investors as the bull market progresses. However, recent crashes have not only affected their prices but also dampened market sentiment surrounding these meme coins.

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Can Litecoin Whales Spark a Price Reversal with their $230 Million Spree?

Recent on-chain data indicates that Litecoin whales have collectively engaged in a buying spree, amounting to approximately $230 million. This significant investment surge suggests a potentially bullish outlook for the coin.

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