New York Recovers $50 Million From Gemini — Bans the Exchange From Crypto Lending in the State
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New York Recovers $50 Million From Gemini — Bans the Exchange From Crypto Lending in the State

New York Attorney General Letitia James has secured a $50 million settlement from cryptocurrency exchange Gemini for Earn program investors. This settlement ensures that all defrauded investors will fully recover the assets they invested but were unable to withdraw when the program collapsed. Additionally, Gemini is now banned from operating any crypto lending program in […] Source: https://news.bitcoin.com/new-york-recovers-50-million-from-gemini-bans-the-exchange-from-crypto-lending-in-the-state/

NFT Market Sees Gains for Second Consecutive Week, Sales Up 10.95%
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NFT Market Sees Gains for Second Consecutive Week, Sales Up 10.95%

Non-fungible token (NFT) sales increased by 10.95% this week compared to the previous week, marking the second consecutive week of gains. Despite a 76.7% drop in the number of buyers, blockchain-issued digital collectibles achieved $141.73 million in sales. NFT Market Trends: Bitcoin and Ethereum Lead Sales Volume In the previous week, NFT sales had risen […] Source: https://news.bitcoin.com/nft-market-sees-gains-for-second-consecutive-week-sales-up-10-95/

Gold Production Struggles Despite 2024 Q1 Surge
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Rapper Lil Pump Gets Dual Solana-Themed Tattoos

Gazzy Garcia, also known as Lil Pump, his professional rapper name, surprised his over 15 million followers on Instagram and X by posting pictures showing two new Solana-themed tattoos. The first featured the stylized name of the Solana blockchain on his forehead, while the second depicted the logo of one of the most popular Solana […] Source: https://news.bitcoin.com/rapper-lil-pump-gets-dual-solana-themed-tattoos/

Despite Crypto Market Downturn, TON Achieves All-Time High
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Despite Crypto Market Downturn, TON Achieves All-Time High

While bitcoin and the broader cryptocurrency market experienced declines over the past three days, The Open Network’s toncoin (TON) hit an all-time high on Saturday morning, reaching $8.25 per unit. TON has climbed into the top ten rankings with a current market valuation close to $20 billion. TON Defies Crypto Market Slump, Reaches New Peak […] Source: https://news.bitcoin.com/despite-crypto-market-downturn-ton-achieves-all-time-high/

Crypto Friendly Evolve Bank Under Scrutiny: Cease and Desist Order Issued 
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Crypto Friendly Evolve Bank Under Scrutiny: Cease and Desist Order Issued 

The Federal Reserve and Arkansas State Bank Department have mandated sweeping reforms at Evolve Bank & Trust following significant compliance breaches. The order highlights issues in anti-money laundering efforts and consumer protection, especially in its dealings with fintech companies and prominent crypto players like FTX. Compliance Concerns Trigger Regulatory Action Against Evolve Bank Evolve Bank […] Source: https://news.bitcoin.com/crypto-friendly-evolve-bank-under-scrutiny-cease-and-desist-order-issued/

Would You Pay $40K in Solana for a Date With a Playboy Playmate?
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Would You Pay $40K in Solana for a Date With a Playboy Playmate?

Crypto Twitter’s attention span tends to be short-lived, with fresh controversial topics quickly replacing the previous talking points—but Jaylene Cook recently found herself the main topic of conversation on the timeline for more than the typical news cycle.  That’s thanks to Only1, a crypto OnlyFans alternative on the Solana blockchain, where she offered three spots for a date with her—for…

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Innovative Block Size Upgrade Takes Spotlight at Bitcoin Cash Bliss Conference
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Innovative Block Size Upgrade Takes Spotlight at Bitcoin Cash Bliss Conference

Following the BCH Bliss conference, a focal event for Bitcoin Cash enthusiasts held May 14-15 in Ljubljana, Slovenia, Jonathan Silverblood introduced a Bitcoin Cash Podcast on X, featuring a collection of tracks from the event. This gathering also celebrated the “Jessica” upgrade, which launched the network’s innovative adaptive block size limit. BCH Bliss 2024: A […] Source: https://news.bitcoin.com/innovative-block-size-upgrade-takes-spotlight-at-bitcoin-cash-bliss-conference/