A New York jury delivered a swift verdict against Braden John Karony, former CEO of SafeMoon, finding him guilty on three felony counts: conspiracy to defraud the United States, money laundering, and wire fraud. The less-than-day deliberation followed a two-week…
Worldcoin, OpenAI CEO Sam Altman’s digital identification project, secured $135 million in funding from Andreessen Horowitz and Bain Capital Crypto. This investment will fuel the expansion of Worldcoin’s iris-scanning infrastructure in the US and globally. The project boasts over 12.5…
Solana Mobile, a subsidiary of Solana Labs, is poised to launch its second-generation Web3 smartphone, the Seeker, on August 4th, following a successful pre-sale of 150,000 units. The device, initially unveiled in September 2024, distinguishes itself from its predecessor, the…
CFTC Commissioner Kristin Johnson’s Departure Signals Potential Regulatory Shift CFTC Commissioner Kristin Johnson announced her departure from the agency later this year, marking a significant development in the ongoing reshaping of US financial regulation. Her departure, following the completion of…
Bitcoin’s recent rally to a new all-time high of $109,827 on May 21, while initially met with skepticism regarding its sustainability, shows promising signs of further growth. Analysis of market data reveals a healthier market structure than previously observed, suggesting…
Bitcoin’s recent surge to a new all-time high, fueled by easing macroeconomic concerns and increased ETF inflows, has sparked optimism in the cryptocurrency market. Analysts predict a continued upward trajectory, potentially reaching $200,000 by year’s end. However, some analysts caution…
Coinbase’s Data Breach: A Six-Month Delay and $400 Million in Losses A recently filed document with Maine’s attorney general reveals a significant data breach at Coinbase, impacting nearly 69,500 users and remaining undetected for almost six months. The breach, discovered…
Bitcoin’s market cycle peaks are notoriously difficult to predict, but combining technical and behavioral indicators provides strong signals. Several indicators consistently flag Bitcoin’s peak: the MVRV-Z Score, Pi Cycle Top, trading volume trends, Puell Multiple, and exchange inflows. Bitcoin may…
Texas is poised to become a pioneer in state-level cryptocurrency adoption. The Texas House of Representatives recently passed Senate Bill 21 (SB 21) with a significant 101-42 vote, advancing legislation to create a strategic Bitcoin reserve managed by the state…
Donald Trump’s May 22nd memecoin dinner, offering access to the President for top holders of his Official Trump (TRUMP) token, has sparked significant controversy. The event, with attendees reportedly spending over $100 million collectively for the opportunity to meet with…
