Satoshi Action Fund CEO Dennis Porter says a Texas lawmaker has started conversations to introduce strategic Bitcoin legislation at some point in the future. Source: https://cointelegraph.com/news/texas-discussion-introduce-strategic-bitcoin-reserve-satoshi-action-fund?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: November 2024
Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces
A federal grand jury in Miami has charged nine individuals with laundering U.S. drug proceeds into cryptocurrency for Mexican and Colombian cartels, utilizing “a network of black market cryptocurrency launderers and unlicensed money transmitters,” according to the U.S. Department of Justice. From 2020 to 2023, defendants allegedly coordinated cash pickups from U.S. drug sales, converting […] Source: https://news.bitcoin.com/cartel-linked-crypto-laundering-ring-disrupted-by-federal-task-forces/
SEC lawsuits will ‘quietly go away’ after Gensler steps down: Pantera
The defendants will likely have to pay something along with “neither admit nor deny” type language, says Pantera’s chief legal officer Katrina Paglia. Source: https://cointelegraph.com/news/sec-lawsuits-quietly-go-away-after-gensler-steps-down-pantera-clo?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Cybercrime Marketplace Crumbles as Authorities Seize Hidden Crypto Stash
The U.S. Justice Department has announced the seizure of Popeyetools, a cybercrime marketplace, and unmasked its role in illicit cryptocurrency transactions. Administrators Abdul Ghaffar, Abdul Sami, and Javed Mirza were charged with selling stolen financial data and facilitating crimes involving ransomware and fraud. Since 2016, Popeyetools generated $1.7 million in revenue, partly from cryptocurrency payments, […] Source: https://news.bitcoin.com/cybercrime-marketplace-crumbles-as-authorities-seize-hidden-crypto-stash/
Apple Admits to Security Vulnerability That Leaves Crypto Users Exposed—Here’s What You Should Do
Apple confirmed Monday its devices were left vulnerable to an exploit that allowed for remote malicious code execution through web-based JavaScript, opening up an attack vector that could have part unsuspecting victims from their crypto. According to a recent Apple security disclosure, users must use the latest versions of its JavaScriptCore and WebKit software to patch the vulnerability. The bug,…
Russia’s Foreign Trade Defies Western Sanctions, Official Claims
Russia’s foreign trade is defying Western sanctions, with rising imports, resilient transaction systems, and projected economic growth outpacing stagnating Western economies. Western Sanctions Meet Resistance as Russia’s Trade Surges Russian Finance Minister Anton Siluanov has claimed that Western sanctions will not hinder Russia’s foreign trade. Speaking in an interview with Nailya Asker-Zade on the Rossiya-24 […] Source: https://news.bitcoin.com/russias-foreign-trade-defies-western-sanctions-official-claims/
Solana breaks all-time high on Coinbase, 2 years after FTX catastrophe
Solana prices have surged a whopping 11% on the day returning to their all-time high last visited three years ago. Source: https://cointelegraph.com/news/solana-breaks-all-time-high-coinbase-2-years-after-ftx-catastrophe?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Solana Hits All-Time High Price Two Years After FTX Nearly Sent It to Zero
After three long years, Solana (SOL) has finally broken its all-time high price record, setting a new milestone above $260 on Thursday. Solana rose above the previous $260 record mark early Thursday afternoon, per data from Coinbase, continuing the asset’s recent hot streak following the U.S. presidential election win of crypto candidate Donald Trump earlier this month. The jump also…
RMIT blockchain unit future in doubt after professor claims it has ‘shut down’
The Blockchain Innovation Hub at RMIT is hanging in the balance as discussions about its future and whether it should be shut down have started. Source: https://cointelegraph.com/news/rmit-blockchain-hub-future-doubt-amid-shutdown-claims?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
MicroStrategy Stock Sinks 16% As Bitcoin Nears $100K—Is It Too Hot to Handle?
MicroStrategy shares fell 16% to $397.28 Thursday, following statements from influential investment firm Citron Research that it placed a short position against the company while maintaining a long position in Bitcoin. The disclosure reveals mounting concerns about the company’s stock being overvalued due to what some perceive as an overly excessive company valuation. Citron Research claimed Bitcoin investing has been…