A Russian ransomware kingpin extradited from South Korea to the U.S. faces charges for orchestrating the $16 million Phobos malware targeting global critical infrastructure. Justice Catches Up: The Fall of a Ransomware Kingpin The U.S. Department of Justice (DOJ) announced Monday that Evgenii Ptitsyn, a 42-year-old Russian national, has been extradited from South Korea to […] Source: https://news.bitcoin.com/ransomwares-mastermind-faces-justice-doj-targets-global-cybercrime-operation/
Month: November 2024
Netherlands-Based Quantoz Launches Stablecoins EURQ, USDQ Amid Regulatory Push
Netherlands-based Quantoz Payments has introduced two Ethereum-based stablecoins, EURQ and USDQ, as it seeks to carve a niche in the competitive stablecoin market by aligning with evolving European regulatory standards. The new stablecoins will be listed on major cryptocurrency exchanges Bitfinex and Kraken, both of which are investors in Quantoz alongside venture capital firm Fabric Ventures. By leveraging partnerships with…
Goldman Sachs Unveils Plan for Independent Digital Asset Platform to Reshape Markets
Goldman Sachs is planning to spin off its digital assets platform into an independent company, aiming to enable large financial firms to create, trade, and settle instruments via blockchain. Mathew McDermott, Goldman’s global head of digital assets, revealed that the initiative is in early stages, with a spin-out goal set within 12 to 18 months, […] Source: https://news.bitcoin.com/goldman-sachs-unveils-plan-for-independent-digital-asset-platform-to-reshape-markets/
US lawmakers demand Treasury answer what it's doing about Tornado Cash
The Democrat members of Congress want answers from the Treasury on why Tornado Cash is still operating after being sanctioned. Source: https://cointelegraph.com/news/us-lawmakers-question-what-treasury-tornado-cash?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Analysts’ Bitcoin $200K Target Fuels Bullish Fire, Bears Brace for Impact
Bitcoin’s projected surge to $200,000 gains momentum as analysts cite pro-crypto policies, sovereign-led demand, and growing institutional adoption reshaping the market’s future. As Analysts Reaffirm $200K, the Pressure Mounts on Bitcoin Bears Leading research and brokerage firm Bernstein reiterated in a client note Monday that bitcoin could reach $200,000 by 2025, maintaining its earlier prediction. […] Source: https://news.bitcoin.com/analysts-bitcoin-200k-target-fuels-bullish-fire-bears-brace-for-impact/
MicroStrategy Plans $1.75 Billion Convertible Notes Offering to Expand Bitcoin Holdings
The early bird gets the worm, or so the adage goes. In the case of MicroStrategy, it’s been just over four years of steadily stacking Bitcoin—and it wants more. MicroStrategy said Monday evening that it plans to raise $1.75 billion through convertible notes to buy more of the world’s largest crypto and for “general corporate purposes.” The zero-interest senior notes…
Bitcoin and Ethereum ETFs Add Billions, Breaking Record for Crypto Products
Want a sign that crypto mania has taken over? Just look at the amount of money flowing into digital asset funds. A Monday report from European asset manager CoinShares said that assets under management for crypto investment vehicles are now at a new all-time high of $138 billion. The new peak mark comes after investors threw $2.2 billion at such…
Bakkt shares surge 162% after report suggests Trump Media is buying it
Shares in crypto exchange Bakkt jumped on Nov. 18 after a report that Donald Trump’s company is in advanced stages of a deal to buy the struggling business. Source: https://cointelegraph.com/news/crypto-firm-bakkt-shares-surge-report-trump-media?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Michael Saylor’s Poll: Most Believe Bitcoin Will Hit $100K by New Year
Michael Saylor’s poll ignites excitement as 85.6% of voters predict bitcoin smashing $100K by year’s end, fueled by record highs and massive Microstrategy buys. Bitcoin $100K Target Backed by Majority in Michael Saylor’s Poll Microstrategy (Nasdaq: MSTR) Executive Chairman Michael Saylor sparked debate over Bitcoin’s future with a poll on the social media platform X. […] Source: https://news.bitcoin.com/michael-saylors-poll-most-believe-bitcoin-will-hit-100k-by-new-year/
Genius Group kicks off Bitcoin treasury play with $10M in BTC
Genius Group has plans for a podcast to help other firms considering Bitcoin as a treasury reserve asset after they found there was no clear blueprint for the process. Source: https://cointelegraph.com/news/genius-group-stocks-up-treasury-with-110-bitcoin-for-10-million?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound