A globe-spanning crypto romance scam that funneled $2.5 million through digital wallets has unraveled, exposing a mastermind now staring down 40 years behind bars. Feds Hunt Down Suspect in $2.5M Crypto Scam—Now He Faces 40 Years in Prison The U.S. Department of Justice (DOJ) announced on April 9 that a Nigerian man has been charged […] Source CryptoX Portal
BlackRock’s BUIDL fund has seen rapid growth in the past few weeks, showing growing recognition of blockchain’s role in tradFi. The investor appetite for blockchain-based securities is growing, despite a market downturn. On Friday, April 11, BlackRock’s BUIDL fund surpassed $2.1 billion in assets under management on Ethereum (ETH). These funds account for 90.5% of all BUIDL tokens across the seven chains it supports. BREAKING: The BlackRock BUIDL fund’s AUM on @ethereum surpassed $2 billion. BUIDL is currently available on 7 chains, with ~90.5% of the fund’s AUM tokenized on…
Tron founder Justin Sun says he’s unaware of the recent rumors surrounding former Binance CEO Changpeng “CZ” Zhao following reports alleging that Zhao provided evidence against him as part of his plea deal with the US Department of Justice (DOJ). “I’m not aware of the circulating rumors. CZ is both my mentor and a close friend,” Sun said in an April 11 X post. Sun brushes off CZ rumors “He has played a crucial role in supporting me during my entrepreneurial journey,” Sun added. Sun’s X post came just hours…
Tron founder Justin Sun says he’s unaware of the recent rumors surrounding former Binance CEO Changpeng “CZ” Zhao, following reports alleging that Zhao provided evidence against him as part of his plea deal with the US Department of Justice (DoJ). “I’m not aware of the circulating rumors. CZ is both my mentor and a close friend,” Sun said in an April 11 X post. Sun brushes off CZ rumors “He has played a crucial role in supporting me during my entrepreneurial journey,” Sun added. Sun’s X post came just hours…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Bitcoin maximalist Samson Mow has doubled up on his value criticism of Ethereum’s price, asserting ETH is still overvalued despite Bitcoin’s price almost quadrupling since 2022. The JAN3 CEO…
More than $35,000 has been recovered after a bitcoin scam targeted an elderly victim, signaling a major win for cybercrime investigators in Ohio. $35K Recovered After Pop-up Bitcoin Scam Targets Victim and Sparks Statewide Probe Investigators with the Ohio Bureau of Criminal Investigation (BCI) helped recover more than $35,000 for a woman in Hamilton County […] Original
Mark Uyeda, acting chair of the United States Securities and Exchange Commission, has hinted that the regulator could consider a regulatory ‘sandbox’ for crypto firms looking to offer trading of tokenized securities. Uyeda made the comments in an opening speech at the SEC’s Crypto Task Force’s second roundtable that focused on crypto trading. According to the acting SEC chair, this framework would allow both registered and unregistered exchanges offering tokenized securities. It is a move towards clear regulation, with a federal regulatory framework key to avoiding the need for a…
As tokenized real-world assets gain traction across global markets, Fasset is positioning itself at the forefront with the launch of Own, an Ethereum Layer 2 network purpose-built for regulated RWA distribution. With plans to tokenize and offer access to over $1 billion in U.S. equities, including tech giants like Apple, Microsoft, and Nvidia, Fasset is targeting underserved investors worldwide. In this Q&A, I spoke with with Fasset’s leadership about the technical design behind Own, regulatory strategies across jurisdictions, dividend mechanisms, and how tokenized stocks will interact with both TradFi and…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. In a newly published chart analysis, crypto analyst Egrag (@egragcrypto) posits that XRP may be on the cusp of a significant price breakout reminiscent of its previous cycle peaks.…
A fast-tracked temporary crypto regulatory framework could bolster innovation within the US crypto industry while permanent regulations are still in the works, says acting US Securities and Exchange Commission (SEC) chair Mark Uyeda. “A time-limited, conditional exemptive relief framework for registrants and non-registrants could allow for greater innovation with blockchain technology within the United States in the near term,” Uyeda said at the SEC’s April 11 Crypto Task Force roundtable titled “Between a Block and a Hard Place: Tailoring Regulation for Crypto Trading.” Relief measures may address immediate challenges Uyeda…