Celsius Exec Pleads Guilty, Agrees to Cooperate in Case Against CEO
News

Celsius Exec Pleads Guilty, Agrees to Cooperate in Case Against CEO

Roni Cohen-Pavon, 36, a former executive at Alex Mashinsky’s bankrupt crypto lending platform Celsius Network, has pleaded guilty to four criminal charges, per court documents shared by Inner City Press. Cohen-Pavon faces a combined maximum term of imprisonment of 65 years over charges relating to market manipulation of a security in the CEL token and wire fraud. Along with his…

Continue Reading

AI startup Helsing raises $223 million in Series B funding for defense solutions
News

AI startup Helsing raises $223 million in Series B funding for defense solutions

European artificial intelligence (AI) defense company Helsing revealed on Thursday, Sept.14, that it secured $223 million (approximately 209 million euros) in Series B funding, with General Catalyst, a venture capital firm, taking the lead. Swedish aerospace and automotive manufacturer Saab also participated as a strategic investor. The company emphasized its commitment to advancing AI technology for the safeguarding of democratic…

Continue Reading

Binance Motion on SEC’s ‘Misleading’ Public Language Denied
News

SEC Accuses Binance US of ‘Numerous Discovery Failures’ in Court Filing

The U.S. Securities and Exchange Commission (SEC) has accused Binance of a “lack of transparency” during its investigation into the crypto exchange. In a court filing dated Sept. 14, the U.S. Securities and Exchange Commission (SEC) alleged that Binance US’s holding company, BAM, has so far produced only 220 documents during the discovery process, including “unintelligible screenshots and documents without…

Continue Reading

ABN Amro issues €5M digital green bond through Polygon-powered Tokeny
News

ABN Amro issues €5M digital green bond through Polygon-powered Tokeny

Dutch bank ABN Amro has carried out a digital green bond offering that made use of Polygon’s layer 2 Ethereum scaling technology to raise €5 million. The green bond was issued as a ERC3643 token through Tokeny, an infrastructure platform that uses Polygon to allow financial institutions issue and manage securities and financial instruments. ABN AMRO was able to secure…

Continue Reading

Miner returns over $500k in BTC transaction fee overpayment to Paxos
News

Miner returns over $500k in BTC transaction fee overpayment to Paxos

The Bitcoin (BTC) miner who received the 19.8 BTC in fees has returned the funds to blockchain infrastructure firm Paxos, after its claims that the company made the mistake of paying over $500,000 in BTC transfer fees.  F2Pool have sent the 19.82108632 BTC fee overpayment back to Paxos https://t.co/IB32RNq5uO — mempool (@mempool) September 15, 2023 On Sept. 10, the crypto…

Continue Reading

Hong Kong politician responds to Vitalik's comments about crypto-friendliness
News

Hong Kong politician responds to Vitalik’s comments about crypto-friendliness

Johnny Ng, a member of the Legislative Council of Hong Kong, took to social media on Sept. 15 in response to comments made by Ethereum co-founder Vitalik Buterin about Hong Kong’s future “friendliness” toward cryptocurrencies.  Ng said he “sincerely invites” Buterin to visit Hong Kong to better understand the region. Additionally he said he would “coordinate with relevant institutions and…

Continue Reading

Germany's blockchain funding increases 3% amid market downturn: Report
News

Germany’s blockchain funding increases 3% amid market downturn: Report

Germany has reached an all-time high in global venture capital funding share in 2023 despite a decline in the overall performance of the blockchain market across the globe, according to a report published by Crypto Valley Venture Capital (CVVC).  Within CVVC’s report titled “The German Blockchain Report 2023,” the country’s blockchain sector recorded a total of $355 million invested across 34…

Continue Reading

BTC price shows 'textbook' Wyckoff moves as Bitcoin bulls defend $25K
News

BTC price shows ‘textbook’ Wyckoff moves as Bitcoin bulls defend $25K

Bitcoin (BTC) consolidated higher on Sep. 15 as analysis described recent BTC price behavior as “textbook.” BTC/USD 1-hour chart. Source: TradingView Analyst on Bitcoin: “September is not Rektember” Data from Cointelegraph Markets Pro and TradingView showed the largest cryptocurrency focusing on $26,600 — below a key breakout level. Bitcoin had shrugged off the latest United States macroeconomic data reports the…

Continue Reading