CFTC fines EmpiresX founders $130M in crypto fraud case
A US court fined the Brazilian founders of EmpiresX over $130 million for operating a fraudulent crypto scheme that misled investors.
Jupiter DEX, ex-Malaysian prime minister shill memecoins in X hack
In a series of hacks, decentralized exchange aggregator Jupiter and a former Malaysian prime minister had their accounts hijacked to promote sham coins.
Bitcoin reserve may end up a ‘potent political weapon’ — Arthur Hayes
Creating a national stockpile of Bitcoin or cryptocurrency would turn any crypto held by the government into a “political weapon,” Maelstrom’s Arthur Hayes said.
71% of institutional traders have ‘no plans’ for crypto: JPMorgan survey
Institutional investors remain wary of crypto trading, according to a JPMorgan survey.
Swedish digital asset manager launches Avalanche, Cardano ETP on Nasdaq Helsinki
Swedish crypto asset manager Virtune is now giving investors in Finland exposure to Avalanche and Cardano via its newly launched crypto ETP products.
Kraken’s Powell claims in lawsuit he was denied housing due to crypto ties
Kraken co-founder Jesse Powell filed a housing discrimination suit, alleging a San Francisco building’s management blocked a sale due to his involvement with crypto.
Bitcoin chart signals ‘decisive price move’ in coming weeks: Analyst
Bitcoin may see a “decisive price move” in the near term, and while short-term volatility may continue, the long-term view “remains positive,” say analysts.
Law firm demands Pump.fun remove over 200 memecoins using its IP
Burwick Law and Wolf Popper say Pump.fun users have created a range of tokens spoofing their names, logos, employees’ names and even its plaintiffs.
Tether is building AI apps and an open-source SDK platform
Stablecoin issuer Tether is developing a number of AI apps such as AI Translate, AI Voice Assistant and AI Bitcoin Wallet Assistant.
Wealthy investor network ‘TIGER 21’ holds up to $6B worth of crypto
TIGER 21, an investment firm for high-net-worth individuals, has $6 billion of its $200 billion portfolio allocated to crypto, with some of its 1,600 members reportedly “all in” on crypto assets.