Former Binance CEO Changpeng “CZ” Zhao was sentenced to four months in prison for violating U.S. money laundering laws. Source: https://cointelegraph.com/news/cz-sentenced-chronology-binance-legal-us
Month: April 2024
Hong Kong’s Bitcoin and Ethereum ETFs a ‘Message From China’: OSL CEO
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports After Hong Kong’s spot Bitcoin and Ethereum ETFs had a relatively successful first day of trading compared to crypto futures ETFs, some crypto industry observers believed…
Bitcoin.com Addresses Charges Against Early Investor and Founder Roger Ver
On April 30, 2024, the U.S. Department of Justice (DOJ) detained Roger Ver, a trailblazing investor in bitcoin, on accusations of tax evasion and submitting fraudulent tax returns. The following update is accompanied by a statement from Bitcoin.com regarding the allegations against the company’s founder. Bitcoin Investor Roger Ver Charged With Tax Evasion According to […] Source: https://news.bitcoin.com/bitcoin-com-addresses-charges-against-early-investor-and-founder-roger-ver/
Hong Kong Bitcoin and Ether ETFs Debut with Low Activity
The launch of crypto exchange-traded funds (ETFs) in Hong Kong fell short of expectations, with trading volumes significantly lower than anticipated. Trading volume for Hong Kong’s crypto ETFs totaled just over $11 million, with bitcoin ETFs accounting for $8.5 million and ether ETFs for $2.5 million. This figure paled in comparison to initial projections, which had suggested volumes exceeding $100…
Physical version of gold-backed token replaces Zimbabwe dollar
The country has struggled with an unstable currency for years, but now it will have one backed by reserves three times larger than its issuance. Source: https://cointelegraph.com/news/physical-gold-backed-token-replaces-zimbabwe-dollar
Changpeng Zhao four-month prison sentence lighter than expected
Prosecutors initially sought to charge the former Binance executive with 36 months. Source: https://cointelegraph.com/news/changpeng-zhao-prison-sentence-binance
Bitcoin DeFi ecosystem thrives despite market correction
The Bitcoin DApp ecosystem has been reinvigorated by the invention of native protocols such as Ordinals and Inscriptions last year. Source: https://cointelegraph.com/news/bitcoin-defi-ecosystem-thrives-market
Coin Center Warns of DOJ Overreach in Tornado Cash, Samourai Wallet Cases
The recent actions by the Department of Justice (DOJ) against non-custodial crypto wallet developers have sparked controversy and concern within the cryptocurrency community. According to Coin Center, these charges mark a significant shift from previous U.S. policies regarding money transmission, potentially impacting the liberty and privacy rights of developers and users alike. Coin Center: DOJ […] Source: https://news.bitcoin.com/coin-center-warns-of-doj-overreach-in-tornado-cash-samourai-wallet-cases/
Bitcoin falls under $60K as BTC‘s futures premium drops to a 5-month low
Bitcoin price revisits recent lows as the BTC futures premium falls to a 5-month low. Is the bull market over? Source: https://cointelegraph.com/news/bitcoin-price-falls-to-60k-as-btc-futures-premium-drops-to-a-5-month-low
Crypto Market Sinks Amid Global Economic Uncertainty
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Crypto is having a dismal day, fighting a withering stretch of headwinds. The total market cap of cryptocurrencies stands at $2.33 trillion, down 4.81% in the…