Juan Tacuri, 46, of Florida, pleaded guilty to one count of conspiracy to commit wire fraud in the Southern District of New York (SDNY), a charge which carries a maximum sentence of 20 years in prison. Tacuri also agreed to forfeit nearly $4 million back to his victims, as well as real estate purchased with victim funds as part of his plea deal. Source
Floki Inu (FLOKI), the dog-themed meme coin, has recently achieved a significant milestone by reaching an all-time high (ATH) amidst Binance Coin’s (BNB) upward trajectory. With a 15% surge in the past 24 hours, FLOKI reached a record price of $0.0003491, solidifying its position as the largest meme coin on the BNB Chain. Floki Inu Receives Major Boost As DFW Labs Invests $12M This surge comes as Web3 investor and crypto market maker DFW Labs announced a substantial investment of $12 million in FLOKI tokens to support the Floki ecosystem. …
Galaxy Digital CEO Mike Novogratz predicts bitcoin could hit $100,000 by year-end, citing a positive U.S. political environment for digital assets. He highlighted growing optimism for cryptocurrencies and progress on SEC approval of spot ethereum ETFs. However, the industry recently faced a setback when President Joe Biden vetoed a resolution to overturn the controversial crypto […] Original
Tether’s CEO Paolo Ardoino has alerted the crypto space to another wave of supply chain email scams in an X post. The CEO urged the community to exercise extreme caution while the issue is resolved. Related Reading Exciting News: It’s A Scam! On Wednesday, online reports surfaced of suspicious emails being sent to the crypto community. Per the reports, investors received emails from crypto companies offering an upcoming token airdrop. First, users received emails from Bitfinex announcing “exciting news” for the exchange. The email revealed an upcoming ERC20 airdrop of…
Bitcoin has spent almost three months consolidating since notching an all-time high slightly below $74,000 in mid-March. After plummeting briefly below $57,000 in early May, it saw a steady recovery, now changing hands at around $71,000, only a few percentage points from new record prices. Source
BlackRock and Citadel Securities have invested in a group aiming to disrupt the U.S. stock exchange market. Texas Stock Exchange chairman and CEO James H. Lee boasts a warchest of $120 million from over 24 investors to potentially launch an exchange to rival NYSE and Nasdaq. Among the consortium of investors includes the world’s largest asset manager, BlackRock, and giant market maker Citadel Securities. TXSE announcemet | Source: LinkedIn Are BlackRock and Citadel planning a blockchain move in stock markets? According to The Wall Street Journal, the TXSE envisions itself…
This isn’t the first time that Matter Labs has found itself in hot water with its competitors. In August 2023, the Polygon team went on a media blitz with the claim that Matter Labs had copied its Plonky-2 software system without proper attribution. Leaders from other teams, like Starkware, also weighed in at the time, expressing their disappointment with Matter Labs. (Gluchowski denied the claims of copying but said his team “could have done better” by providing clearer attribution to other teams’ open-source code.) Polygon co-founder Sandeep Nailwal seemed to…
“Stand With Crypto surpassed its goal of one million Stand With Crypto advocates faster than ever imagined,” said Coinbase CEO Brian Armstrong, who is also among the group’s leading donors, in a statement. “With exactly five months until the general election, crypto voters are not taking their foot off the gas.” Source
With the cryptocurrency market constantly evolving, investors are always on the lookout for the next big opportunity. Here, we highlight the top four altcoins that are poised to offer substantial returns in 2024. Related Reading 1. MAGA VP ($MVP) MAGA VP ($MVP) is making waves in the crypto community with its unique blend of political engagement and rewarding mechanisms. Known for its strong community support and strategic partnerships, $MVP offers token holders rewards in $TRUMP tokens and participates in significant political events. Recent developments include the launch of a new…
On June 5, 2024, the crypto derivatives exchange Bitmex announced it is offering 200x leverage for ethereum perpetuals ahead of the U.S. ether exchange-traded funds (ETFs) trading debut. Bitmex Ramps Up Ethereum Trading With 200x Leverage Offering According to a social media post on X published Wednesday, Bitmex is introducing 200x leverage perpetuals for ethereum […] Source BitcoincryptoexchangeExchanges CryptoX Portal