Double Blow: Father and Son from Long Island Sentenced in a $12M Crypto Fraud Bust
TL;DR A Long Island man, Eugene “Hugh” Austin, has been sentenced to 18 years in prison for leading a cryptocurrency fraud scheme that defrauded over two
cryptocurrencies (Latest Publications)
Crypto Controversy: Roger Ver Pays $600K to Trump Ally for Legal Defense
TL;DR Roger Ver, known as “Bitcoin Jesus,” faces charges of tax evasion and fraud that could potentially result in over 100 years in prison. To defend
Viral Buzz: Strategy CEO Saylor Drops Just Three Powerful Bitcoin Words
TL;DR Michael Saylor, CEO of Strategy, went viral with a three-word message: “Get On Board,” firmly supporting Bitcoin. Strategy holds 538,200 BTC, valued at over $50
Ethena’s USDe Boom Fuels a Tether USDT Surge, Says Founder
TL;DR The founder of Ethena stated that the issuance of USDe drives demand for USDT, since it covers 70% of the collateral in perpetual swaps. Young
PayPal and Coinbase Remove PYUSD Fees to Boost Usage
TL;DR PayPal and Coinbase expanded their partnership to remove fees for operating with PYUSD on Coinbase and boost its adoption in regulated markets. The agreement includes
CME Group to Roll Out XRP Futures on May 19, Expanding Its Crypto Offerings
TL;DR CME Group announced that it will launch XRP futures on May 19, subject to regulatory approval, adding another asset to its crypto offerings. The contracts
Upbit and Bithumb Suspend Synthetix Deposits Citing sUSD Volatility Threats
TL;DR Upbit and Bithumb suspended SNX deposits following a DAXA warning over risks posed by sUSD’s instability. The drop of sUSD to $0.68 and SNX’s 26%
KiloEx Resumes Operations, but KILO Token Faces Market Pressure
TL;DR KiloEx has officially announced the resumption of operations after a cyberattack compromised over $7 million. Despite recovering $8.44 million with help from SlowMist, the $KILO
KuCoin Enters Thailand: A Game Changer for Local Crypto Traders
TL;DR Localized Launch: KuCoin, a leading global crypto exchange, has launched its tailored platform in Thailand to merge international expertise with local trading needs. Strategic Partnership:
Russia Unveils Crypto Exchange Initiative for Elite Traders
TL;DR Exclusive Initiative: Russia launches a state-backed crypto exchange aimed solely at elite investors, creating a regulated platform for high-net-worth individuals. Strict Qualification Standards: Only investors
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