Month: July 2024

The U.S. Securities and Exchange Commission (SEC) has charged Nader Al-Naji, founder of Bitclout (now Decentralized Social), with running a multi-million-dollar fraudulent crypto scheme. Al-Naji allegedly raised over $257 million through unregistered sales of Bitclout tokens (BTCLT) and used the funds for personal expenses. He attempted to evade regulatory scrutiny by portraying Bitclout as decentralized […] Source: https://news.bitcoin.com/sec-charges-bitclout-founder-with-multi-million-dollar-crypto-fraud/

PRESS RELEASE. New York City, New York – July 30, 2024 – StakeKit, having just emerged from stealth after 18 months of development, has partnered with Ledger Live to power its TRON staking integration. This integration provides users with the simplest of access points to manage their TRON staking allocations natively within Ledger Live. Ledger […] Source: https://news.bitcoin.com/stakekit-launches-tron-stake-2-0-on-ledger-live/

U.S. presidential candidate Donald Trump’s call for the country to dominate global Bitcoin production could lead to a booming business opportunity alongside more American-made hardware, according to analysts at investment firm AllianceBernstein. “In view of U.S. election season and Trump’s recent push to make Bitcoin in America, we believe this could be an important tailwind for the mining sector,” Bernstein…

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In brief The Federal Reserve is expected to hold interest rates steady tomorrow, but investors are eager for signs of a rate cut ahead in September. Meanwhile, the Bank of Japan could raise interest rates for the second time in 17 years on Wednesday. The Japanese yen has strengthened as investors cover short positions, an analyst said. As the Federal…

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Cameron Winklevoss, co-founder of Gemini and Winklevoss Capital, has called out U.S. Vice President Kamala Harris for her alleged intentions to reset the relations of the current government with the crypto industry. Winklevoss stated that, as former President Trump had previously acknowledged, the crypto industry is a ‘high IQ industry’ and would not fall for […] Source: https://news.bitcoin.com/cameron-winklevoss-on-kamala-harris-crypto-reset-intentions-beware-of-the-big-bluff/

DraftKings Inc. (NASDAQ:DKNG) is shutting down its non-fungible token (NFT) business “effective immediately,” as announced in an email to customers. This move marks the end of a notable intersection between digital collectibles and sports culture for the sports gambling giant. The company cited recent legal developments as the primary reason for the discontinuation of Reignmakers and its NFT Marketplace. The…

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