A U.S. judge rejected Changpeng ‘CZ’ Zhao’s request to travel to the United Arab Emirates last month, despite the Binance founder and former CEO offering to post his $4.5 billion Binance US equity as security for his return. According to a court filing this week, Zhao’s lawyers requested in December 2023 that he be allowed to travel to the UAE,…
Month: January 2024
All the Donald Trump, Joe Biden and U.S. Election-Themed Crypto Projects
The 2024 U.S. Presidential election is on the horizon. Can I buy a coin for Donald Trump or Joe Biden? Despite pretty much every U.S. Presidential candidate (including Trump) disliking crypto, there is no dearth of President-related crypto projects. Decrypt decided to take a look at the most notable U.S. election themed crypto projects. From official NFT projects made by…
Telecom Giant Telefónica Launches Solana-Powered Helium Mobile Hotspots
Telefónica, a leading global telecommunications provider, has partnered with Nova Labs to deploy Helium Mobile hotspots in Mexico City and Oaxaca, the companies announced Wednesday. The hotspots, which utilize the crypto-powered Helium 5G network, will allow Telefónica to offload mobile data traffic and extend its coverage in Mexico. The companies have configured the hotspots to connect to Telefónica’s network using…
Bitcoin ETFs Are Pulling in Billions—But Crypto Stocks Are Taking a Beating
Popular stocks that give investors Bitcoin exposure have continued their slide as the leading cryptocurrency’s price plunges following the highly anticipated launch of spot crypto exchange-traded funds (ETFs) in the United States. The major stocks of public companies that hold Bitcoin—such as MicroStrategy, Tesla, and Coinbase—are down significantly over the past month. Such equities allow investors to have skin in…
Gala Games Shuns Creator for Talking Too Much About Token Prices
In blockchain gaming—where crypto tokens and ways to “earn” are at the forefront compared to traditional games—should influencers with insider knowledge be allowed to talk about tokens and their ever-changing prices publicly? This question has become the center of a conflict between crypto influencer and YouTuber Jesus “Classy” Martinez and blockchain gaming company Gala Games. The firm removed Martinez from…
Hackers Target Crypto Email Lists, Send Phishing Attacks Netting Over $700,000
Email service provider MailerLite was the victim of a phishing attack, and the target was the crypto market, the company notified Decrypt on Tuesday. According to an email alert from the company, the attack happened after a support team member clicked a deceptive link, entered their Google credentials, and confirmed the second-factor challenge—giving hackers access to Mailerlite’s internal system. “Upon…
SEC Delays Decision on BlackRock’s Spot Ethereum ETF Application
The U.S. Securities and Exchange Commission has delayed a decision on BlackRock’s spot Ethereum exchange-traded fund application. A Wednesday filing shows that Wall Street’s top regulator “finds it appropriate to designate a longer period within which to take action.” BlackRock, the world’s biggest fund manager, applied in November for a spot Ethereum (ETH) exchange-traded fund (ETF). The idea, if approved,…
Donald Trump’s Ethereum Wallet Holds $1.1M in MAGA Meme Coin
You never know when a huge pile of meme coins can turn into serious cash. Early Dogecoin (DOGE) investors know this well, as do Solana developers who received an airdrop of BONK. And the latest beneficiary of a meme coin glow-up is… former U.S. president Donald Trump? An Ethereum wallet that blockchain analytics firm Arkham Intelligence previously tied to Trump,…
Trash-Fueled BTC Mining w/ Chris Bennet
Reza is joined by Chris Bennet from Spacestation Investments. They discuss: – Mining BTC with energy generated from landfills – How to increase deal-flow – Running an agency vs running a fund Source: https://decrypt.co/videos/interviews/uLy5Y1E7/trash-fueled-btc-mining-w-chris-bennet
Crypto Billionaire Arthur Hayes Says Bitcoin Could Fall to $30,000 in 2024
“I think Bitcoin will find a local bottom between $30,000 and $35,000,” declared Arthur Hayes, a renowned crypto trader and founder of 100X Group. In a published essay titled essay, “Yellen or Talkin’?“—referencing U.S. Treasury Secretary Janet Yellen—he explains how several geopolitical factors may impact the future of crypto. Hayes appears to be short-term bearish, long-term bullish—so brace yourselves. He…