California resident Ken Liem has accused three banks of failing to perform adequate checks that could have blocked the scammers from opening accounts in the first place. Source: https://cointelegraph.com/news/california-man-sues-banks-over-1-million-pig-butchering-scam?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: January 2025
Crypto brokerage FalconX acquires derivatives startup Arbelos Markets
FalconX’s CEO Raghu Yarlagadda said institutional confidence will strengthen with a more healthy, transparent crypto derivatives market in place. Source: https://cointelegraph.com/news/crypto-brokerage-falconx-buys-derivates-startup-arbelos-markets?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Michael Saylor’s Bitcoin Poll Exposes 2025 Buying Frenzy – 78% Say More BTC
Michael Saylor’s bitcoin poll shows 77.7% of investors plan to boost their bitcoin holdings in 2025, signaling strong confidence in the cryptocurrency’s long-term potential. Saylor’s Poll Reflects Bitcoin Bullishness Among Investors Michael Saylor, the executive chairman of software intelligence firm Microstrategy (Nasdaq: MSTR) and a notable advocate in the bitcoin community, conducted a poll on […] Source: https://news.bitcoin.com/michael-saylors-bitcoin-poll-exposes-2025-buying-frenzy-78-say-more-btc/
Tether general counsel retires just days after MiCA regulations
Tether and Bitfinex General Counsel Stuart Hoegner has retired, leaving Michael Hilliard to take his place as legal chief at the two firms. Source: https://cointelegraph.com/news/tether-legal-chief-stuart-hoegner-retired-after-mica-regulations?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
One of America’s Oldest Investment Banks Sees Bitcoin Soaring to $225K
An analyst from H.C. Wainwright & Co., one of America’s most established financial institutions, anticipates an exhilarating year for bitcoin, driven by clearer regulations and enhanced institutional involvement. H.C. Wainwright’s Mike Colonnese Predicts Bitcoin to Hit $225K On Jan. 2, a CNBC report highlighted insights from H.C. Wainwright & Co., a Boston-based investment bank, indicating […] Source: https://news.bitcoin.com/one-of-americas-oldest-investment-banks-sees-bitcoin-soaring-to-225k/
New code fuels rumors X payments launch may be imminent
The rumors come two days after X CEO Linda Yaccarino confirmed the social media platform would launch X Money in 2025. Source: https://cointelegraph.com/news/rumors-x-payments-feature-could-launch-immediately?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
What Is AiXBT? The AI Influencer Taking Crypto by Storm
For years, crypto and AI users have sought to combine both emergent technologies into products greater than the sum of their parts: autonomous agents capable of making human-level decisions and spending digital money to complete complex tasks. In 2024, these lofty dreams started to become reality. There’s still a long way to go, of course. Crypto-powered AI agents capable of…
Billion-Dollar Boom: Defi’s December to Remember Caps Year of Unprecedented Growth
End of the year data reveals a thrilling climb in the total value locked in decentralized finance (defi), which ballooned by 133.8% over the past year. December capped off this exciting trend with a flurry of activity as defi and onchain protocols amassed more than $1.5 billion in total revenue during the previous 30 days, […] Source: https://news.bitcoin.com/billion-dollar-boom-defis-december-to-remember-caps-year-of-unprecedented-growth/
Why MicroStrategy Shares Have Tanked 45% Despite Billions in Bitcoin Buys
One of the hottest Bitcoin trades in 2024 is slumping into the New Year. As of Thursday, MicroStrategy’s share price had fallen 45% from its November peak—sliding to $300 from a record price of $543 around six weeks ago. The Tysons, Virginia-based software firm went gangbusters on Bitcoin last year, purchasing billions of dollars worth of the cryptocurrency using equity…
Do Kwon’s superseding indictment includes money laundering charge
The Terraform Labs co-founder was indicted on eight felony charges in 2023 but will likely face an additional count for money laundering conspiracy. Source: https://cointelegraph.com/news/do-kwon-superseding-indictment-money-laundering-conspiracy?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound