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Crypto personality pleads guilty to fraud after promising 60% ‘fictitious’ returns

The United States Department of Justice alleges Thomas John Sfraga convinced a victim to invest in a “fictitious” cryptocurrency” wallet after promising significant gains. Cryptocurrency...

Former Alameda Research CEO Sam Trabucco Defends FTX Exec Ryan Salame Ahead Of Sentencing

Sam Trabucco, the co-CEO of Alameda Research, has spoken out in support of FTX executive Ryan Salame ahead of his sentencing on May 28,...

Bitcoin Whales Quiet Down – Here’s Why And What It Means For The Market

Recent data from Santiment indicates a noticeable decrease in Bitcoin whale activity, reaching the lowest levels seen in 2024. This trend shows that holders of large amounts...

India’s securities watchdog calls for crypto regulation; Turkey moves toward licensing model

Turkey and India advanced crypto policies on May 16 that could create a framework for businesses and investors operating in each country. Reuters reported that the Securities...

The Floppening: Ethereum Can’t Stop Losing Ground To Bitcoin

More than 19 months after Ethereum’s historic Merge upgrade, the data is clear: the network’s native asset, Ether (ETH), is not keeping up with...

Two brothers manipulated Ethereum protocols to steal $25M — Justice Dept

U.S. officials alleged the individuals engaged in a “first-of-its-kind manipulation of the Ethereum blockchain” by tampering with its protocols over validating transactions. Authorities with the...

Bitcoin Miners Facing Capitulation as Hashrate Declines Post-Halving

The decline in Bitcoin’s hash rate appears to be a clear sign of decreased profitability for miners. Nearly a month after the fourth Bitcoin halving...

Vitalik Buterin proposes Ethereum gas model overhaul

Ethereum-based transactions currently have two gas fees: one for transaction execution and another for storing data. Ethereum co-founder Vitalik Buterin has proposed a new Ethereum improvement protocol,...

State of Wisconsin reports $164M investments in spot Bitcoin ETFs

The entity responsible for managing assets in the state’s pension system reported it held millions of shares of the BlackRock iShares Bitcoin Trust and...

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