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…
Month: September 2023
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…
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…
BTC price shows 'textbook' Wyckoff moves as Bitcoin bulls defend $25K
Bitcoin analysis increasingly believes that this cycle’s BTC price lows are done and dusted. Source: https://cointelegraph.com/public/index.php/news/btc-price-textbook-wyckoff-bitcoin-bulls-defend-25k
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…
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…
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…
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…
Ethereum Merge anniversary — 99% energy drop but centralization fears linger
Energy use is down, and staking is up, but technical concerns still mark the road ahead for the second-largest cryptocurrency by market cap. Source: https://cointelegraph.com/app/public/index.php/news/ethereum-merge-a-year-later-energy-consumption-down-centralization-fears-ongoing
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…