Several reports have indicated that the ex-CEO and founder of Binance, Changpeng Zhao (CZ), has commenced his four-month term at a low-security federal facility in Lompoc, California. CZ Enters Low-Security Facility After Pleading Guilty to Money Laundering Charges Ex-Binance boss Changpeng Zhao (CZ) is now beginning his prison sentence after admitting guilt to charges related […] Source: https://news.bitcoin.com/ex-binance-ceo-changpeng-zhao-begins-4-month-prison-term-in-california/
AI filmmakers gathered at NFC Lisbon for the AI Film Academy’s inaugural AIFA Awards this week, recognizing the “extraordinary diversity of stories and the radically new visual language of AI.” The AImagine Award for Best Film went to “Denny the Shark,” created by collaborative duo Ethereal Moon, which is made up of Melody Bossan (aka LeMoon) and Dina Lockamy (aka…
“The guy in the goggles” tells Cointelegraph about his single question to Trump that helped turn around crypto’s fortunes in the U.S. Source: https://cointelegraph.com/magazine/6-questions-goggles-guy-who-saved-crypto/
On Friday, U.S. spot bitcoin exchange-traded funds experienced their 14th consecutive day of inflows, totaling around $50 million. Leading the inflows once more was Blackrock’s IBIT, while Grayscale’s GBTC saw outflows. $1.7B in Trade Volume and $50M in Inflows During Friday’s Bitcoin ETF Trading Sessions Approximately $50 million in inflows were reported during Friday’s spot […] Source: https://news.bitcoin.com/grayscales-gbtc-and-vanecks-hodl-report-outflows-as-us-bitcoin-etfs-gain-50m/
Over the past week, non-fungible token (NFT) sales have declined again, slipping 7.03% compared to the previous week. During this period, $122.3 million in sales were recorded, with Ethereum-based NFTs taking the lead. 7-Day NFT Sales Slide 7.03% This week witnessed another seven days of subdued NFT sales, with Ethereum maintaining the lead and Bitcoin […] Source: https://news.bitcoin.com/nft-sales-dip-again-ethereum-leads-as-market-declines-by-7-03/
In recent weeks, Binance and Robinhood observed a modest influx of approximately 1,302 BTC or $88 million in bitcoin, with Robinhood acquiring the majority of these assets. Conversely, Coinbase experienced a noticeable decrease in its bitcoin reserves, witnessing an outflow of 40,406 BTC valued at $2.7 billion in the past two months. Coinbase, Binance, and […] Source: https://news.bitcoin.com/2-7-billion-reduction-coinbase-records-40406-btc-outflow-in-60-day-period/
The Singaporean crypto exchange Bybit’s affiliate Spark Fintech Limited, has abandoned its pursuit of an operating license in Hong Kong. The affiliate withdrew its virtual asset trading platform application on May 31, exactly four months after submitting it. The decision followed the Hong Kong regulator’s classification of Bybit as an unlicensed entity, accompanied by threats […] Source: https://news.bitcoin.com/bybit-affiliate-withdraws-hong-kong-vasp-application-months-after-regulator-issued-license-warning/
MotoGP race team Gresini Racing is embracing elements of decentralized ownership through a new program allowing fans to purchase personal team sponsorship packages. Source: https://cointelegraph.com/news/motogp-gresini-crypto-sponsorship-program
Anticipation of potential Ether ETF approvals in June is pivotal in driving ETH’s price above $4,000, with whales accumulating and rising holding sentiment furthering the bullish outlook. Source: https://cointelegraph.com/news/3-signs-ethereum-price-break-4k-june
Coinbase, Inc. has escalated its dispute with the Securities and Exchange Commission (SEC) by filing a reply brief in the Third Circuit Court of Appeals, arguing the necessity of clear rulemaking for the digital asset industry. The case underscores the ongoing tensions between regulators and the digital asset sector over compliance and operational standards. Coinbase […] Source: https://news.bitcoin.com/coinbase-challenges-secs-rulemaking-process-argues-for-clear-regulations-on-digital-assets/
