The bank also holds a large put option position on Strategy, potentially capitalizing on the company trading above the value of its …
Million
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In brief A hacker wallet dormant since 2023 moved $3.85M in Ethereum from the Mixin exploit to Tornado Cash on Thursday. The …
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Markets
Ark Invest buys $18 million of crypto stocks including 10th consecutive Bullish purchase
by shayaanby shayaanArk also bought $12 million worth of crypto-friendly investment platform Robinhood and $4 million worth of ether treasury firm Bitmine Immersion Technologies. …
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Markets
PGI Global CEO handed 20-year sentence for $200 million bitcoin, forex Ponzi scheme
by shayaanby shayaanInstead of investing in bitcoin and foreign currency trading, as promised, Palafox used new investor funds to pay old ones and siphoned …
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Regulation
Crypto PAC Fairshake leaps into first midterm Senate race with $5 million in Alabama
by shayaanby shayaanCrypto’s $193 million campaign-finance force, the Fairshake political action committee, is launching into congressional midterm season with a massive $5 million injection …
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Markets
U.S. DOJ hits Paxful for $4 million in case tied to illegal sex work, money laundering
by shayaanby shayaanThe crypto platform’s penalty was sharply reduced due to its ability to pay, according to U.S. authorities. www.coindesk.com
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Markets
Fugitive foreigner sentenced in the U.S. to 20 years for $73 million crypto scam
by shayaanby shayaanA U.S. judge sentenced Daren Li to 20 years for a $73 million crypto fraud. The scam used Cambodia-based compounds to target …
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Cardano is down over 32% year-to-date, but that’s not stopping it from hyping up a global crypto card ahead of its namesake …
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Markets
Bitcoin miner Cango sold $305 million of BTC during market slump to fund AI shift
by shayaanby shayaanThe company plans to deploy modular GPU units across 40+ global sites to provide on-demand AI inference capacity for small and mid-sized …
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Finance
ARK offloads $17 million of Coinbase, adds $18 million of Bullish amid crypto rout
by shayaanby shayaan$ARK Invest sold $17.4 million worth of Coinbase (COIN) stock and bought a similar amount in Bullish (BLSH) stock on Thursday as …