SEC charges Unicoin and executives for alleged $100 million fraud

The US Securities and Exchange Commission has charged crypto platform Unicoin and three of its executives, alleging they made false and misleading statements about its crypto assets that raised $100 million from investors. The SEC said on May 20 that it charged Unicoin CEO Alex Konanykhin, board member Silvina Moschini, and former investment chief Alex Dominguez with misleading investors about certificates that conveyed rights to receive Unicoin tokens and stock. Mark Cave, associate director in the SEC’s Division of Enforcement, claimed the trio “exploited thousands of investors with fictitious promises…

Bitmine Launches Bitcoin Treasury Advisory Practice With $4 Million Strategic Transaction

Bitmine Immersion Technologies, Inc. (OTCQX: BMNRD) has announced the launch of its Bitcoin Treasury Advisory Practice, coinciding with a $4 million strategic transaction with a U.S. exchange-listed company. The company will provide “Mining as a Service” (MaaS) to its strategic partner, leasing 3,000 bitcoin ASIC miners for $3.2 million through December 30, 2025, with an […] Original

ETF Weekly Recap: Bitcoin ETFs Score Fifth Straight Week of Inflows With $604 Million Boost

Bitcoin ETFs notched a fifth straight week of net inflows, bringing in $603.74 million, with Blackrock’s IBIT once again leading the charge. Ether ETFs joined the rally, posting an inflow of $41.59 million. Bitcoin and Ether ETFs Log Strong Inflows Despite Broad Market Mixed Signals Crypto exchange-traded fund (ETF) momentum held strong last week as […] Original

Michael Saylor’s Strategy Acquires 7,390 Bitcoin For $764 Million

Key Notes The Strategy Bitcoin accumulation campaign has given it a Bitcoin Yield of 16.3%. Despite the latest 7,390 BTC purchase, the Michael Saylor-led company is working towards another acquisition. Bitcoin has successfully outperformed traditional assets amid institutional buy-up and US economic fragility. A thriving Bitcoin BTC $96 611 24h volatility: 2.1% Market cap: $1.92 T Vol. 24h: $29.09 B accumulation model is one of the achievements the Michael Saylor-led Strategy Inc. currently prides itself on. In the wake of a new business week, the business intelligence and software firm…

New DeFi platform set to challenge XRP with $30 million AUM

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As XRP’s price movements come under speculation following a recent court ruling, Unilabs is attracting investors, gaining over $30m AUM. Unilabs (UNIL), a new AI-powered DeFi platform, has been gaining traction after a successful presale launch, garnering over $30m in AUM. Ripple, on the other hand, continues to demonstrate strong potential within the crypto market. However, a recent court ruling has seen XRP’s price dip to the $2.40 level.…

Cardano Whale Activity Spikes – 80 Million ADA Added In 48 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. Cardano (ADA) is entering a decisive moment as bulls fight to hold the $0.74 support zone and build momentum for a move toward the $0.90 level. After gaining over 68% since its April lows, ADA is…

$10 Million Bitcoin? Investment Pro Calls It ‘Opportunity’ Of A Lifetime

Bitcoin has broken past $100,000 after months of little movement. It now trades near $103,484 and some view that as a buying chance. Others warn that even this level could rise further. According to Lawrence Lepard of Equity Management Associates, there is a big difference ahead for people based on their Bitcoin ownership. One person might look back with regret for not buying at today’s levels. Another could be praised for saving up to buy a full coin. He pointed out that holding $0.1 coin will feel huge if prices…