A Maryland Heights man, Richard Charles Appelbaum III, has been sentenced to three years in prison and ordered to repay $2.3 million for his role in laundering millions through cryptocurrency. Appelbaum, 40, conspired with others to funnel proceeds from Business Email Compromise (BEC) and romance fraud schemes into cryptocurrency via Coins2trade. Recruited by “E.S.,” allegedly […] Source: https://news.bitcoin.com/fbi-cracks-8-3m-crypto-fraud-launderer-sentenced-to-prison-and-2-3m-repayment/
The BlackRock-issued iShares Bitcoin Trust is now backed by more than $48.9 billion worth of Bitcoin, blockchain data shows. Source: https://cointelegraph.com/news/blackrock-mara-holdings-buy-more-bitcoin-amid-price-drop?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Over the past two weeks, spot Ether ETFs have clocked in more than $1.3 billion in inflows as the cryptocurrency rallied close to $4,000. Source: https://cointelegraph.com/news/ether-etfs-record-inflow-with-9-positive-days-in-a-row?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The company now holds a total of 1,873 BTC in its corporate treasury. Healthcare Technology Company Sells Shares To Buy Bitcoin Medical device firm Semler Scientific (Nasdaq: SMLR) purchased 303 bitcoin (BTC) between November 25 and December 4, bringing its total bitcoin holdings to 1,873, worth nearly $190 million at current prices. The purchase cost […] Source: https://news.bitcoin.com/semler-scientific-acquires-303-btc-doubles-down-on-bitcoin-treasury-strategy/
Even above $100,000, Bitcoin offers a revolutionary platform for financial inclusion, particularly in developing regions with no banking infrastructure. Source: https://cointelegraph.com/news/100k-bitcoin-impacts-wealth-gap-digital-age?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Pudgy Penguins, the third-largest NFT collection by market capitalization, announced Thursday evening that it’s launching a new token called PENGU on the Solana blockchain before the year ends. The announcement comes in as Pudgy Penguins’ NFT collection floor price hit a new all-time high amid surging crypto market valuations. According to the project, it will distribute 88 billion PENGU tokens…
Russia is set to integrate its central bank digital currency (CBDC), the digital ruble, into its federal budget system starting next year, with nationwide adoption targeted by July 1, 2025, President Vladimir Putin announced at the 15th VTB Russia Calling! Investment Forum. Highlighting ongoing efforts to enhance business efficiency, Putin emphasized the development of infrastructure […] Source: https://news.bitcoin.com/putin-confirms-digital-ruble-integration-in-russias-federal-budget/
The era of AI developers using large datasets of information scraped from the internet and the days of “low-hanging fruit” may be over, Google CEO Sundar Pichai suggested at the New York Times’ annual Dealbook Summit on Wednesday. “In the current generation of LLM models, roughly a few companies have converged at the top, but I think we’re all working…
Healthcare technologies company Semler Scientific has added more Bitcoin to its corporate treasury, joining a growing list of companies hoarding the asset this year. Semler bought 303 Bitcoin at an average price of $96,779 from November 25 to December 4, according to a statement on Wednesday. “We are very pleased to report BTC Yield of 78.7%,” Company Chairman Eric Semler…
SEC Chair Gary Gensler is orchestrating a last-minute push to cement aggressive crypto enforcement, with secret promotions signaling a looming regulatory crackdown despite leadership changes. Former SEC Official Warns of Crypto Crackdown Despite Incoming Pro-Crypto Chair John Reed Stark, former head of the U.S. Securities and Exchange Commission’s (SEC) Office of Internet Enforcement, has highlighted […] Source: https://news.bitcoin.com/gary-gensler-quietly-sets-aggressive-crypto-crackdown-in-motion-before-leaving-warns-former-sec-official/
