Fake Crypto Fund Operator Pleads Guilty to Defrauding Investors
Michael Joseph McElhiney, age 37 and formerly of Spokane, Washington, has pleaded guilty to wire fraud, the U.S. Department of...
Month: June 2024
Asian Currencies Hit 19-Month Low: Devere CEO Predicts Continued Weakness
Asian currencies have reached their lowest levels in over 19 months as the U.S. dollar strengthens, driven by expectations of...
Interpol Disrupts Scam Networks: 6,745 Bank Accounts Frozen, $2M Crypto Seized, 3,950 Arrested
Interpol’s Operation First Light, a global initiative involving 61 countries, has disrupted online scam networks by freezing 6,745 bank accounts...
SEC Revokes Lufkin Advisors’ Registration Amid Fraudulent Crypto Activities
The U.S. Securities and Exchange Commission (SEC) instituted administrative proceedings against Lufkin Advisors LLC on Wednesday. This follows an offer...
Binance CEO Shares Key Tips for Investors Getting Into Crypto
Binance CEO Richard Teng has given some advice for investors interested in getting into cryptocurrency. He provided three key tips...
Robert Kiyosaki Bought 60 Bitcoins at $6K — Now Buys BTC Every Month
Rich Dad Poor Dad author Robert Kiyosaki has revealed that he purchased 60 bitcoins at $6,000 each and continues to...
Federal Reserve Stress Test Projects $685 Billion in Losses for Large Banks
The Federal Reserve Board’s annual stress test results reveal that large banks are expected to face nearly $685 billion in...
Bitwise CIO Estimates Spot Ether ETPs Will Attract Billions: ‘Not a Casual Guess’
Bitwise CIO Matt Hougan has predicted that spot ether-based exchange-traded products (ETPs) will have a favorable performance in financial markets...
Elmnts Emerges From Stealth With Plans to Launch Commodity Tokenization Platform
Elmnts, a new blockchain-based venture, has announced the forthcoming launch of its beta platform focused on tokenizing real-world assets (RWA),...
Solana Climbs 8.1% Following Vaneck’s SEC Filing for SOL-Based ETF
Following Vaneck’s application with the U.S. Securities and Exchange Commission (SEC) to launch a solana-based exchange-traded fund (ETF), solana has...
Pepe-Inspired Smidge Token Pumps Over 150% in 24 Hours – Could Pepe Unchained Explode Next?
Pepe-themed meme coin Smidge is exploding today with its price up over 150% in the last 24 hours. Meanwhile, a...
US Bitcoin ETF Inflows Reach $21.52M as FBTC and GBTC Lead Gains
U.S. spot bitcoin exchange-traded funds witnessed a second day of inflows as they captured $21.52 million on Thursday. The leader...
Vaneck Seeks SEC Approval for Solana-Based ETF
In a significant expansion of its cryptocurrency offerings, Vaneck has announced the filing of the first U.S. exchange-traded fund (ETF)...
A Summer Dip: Bitcoin’s Latest Trouble Seems to Be Short Term
Alright, so Bitcoin's been taking a bit of a dip lately. It all started after the Fed meeting in June....
Hashgraph Association and Blade Labs Partner to Drive Digital Transformation in the Middle East
The Hashgraph Association and Blade Labs have partnered to drive digital transformation using the latter’s conventional and Shariah-compliant digital securities...
