Johnston got a more lenient sentence than prosecutors wanted The 20-year-old Canadian, Johnston, entered a guilty plea on one count of conspiracy …
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Markets
Cathie Wood’s ARK buys the dip on Robinhood in its largest purchase in 6 months after 23% slump
by shayaanby shayaanHOOD fell 3.3% on Wednesday, broadening its one-month decline to more than 23%. www.coindesk.com
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Key Takeaways Bitcoin’s seven-day average hashrate reclaimed 1 ZH/s for the first time since March 3. More efficient mining hardware and smaller …
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The U.K. claims to aspire to become a global cryptocurrency hub, an ambition that would appear to be at odds with the …
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Analysis
‘Big Short’ Investor Michael Burry Hints Stocks Could Peak Within Nine Months, Funnels Bearish Bets Into Nasdaq and Chip Stocks ETF
by shayaanby shayaanThe investor who famously called the 2008 housing crash is hinting that US stocks could hit a major peak within the next …
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In brief Strive bought 3,311 BTC worth roughly $280 million between Oct. 5 and Oct. 9 at an average price of about …
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Mining
Bitcoin miners escape months of distress as daily revenue surges by 78%
by shayaanby shayaanData from Hashrate Index shows the metric recently climbed above $40 per petahash per second per day, its highest level since January. …
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The guidance covers MiCA-regulated crypto services, including trading platforms, exchange services, order execution, custody, transfers, investment advice and portfolio management. ESMA said …
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Scams
Engineer Gets 32 Months for Bitcoin Extortion Plot Against His Own Employer
by shayaanby shayaanIn brief Former core infrastructure engineer Daniel Rhyne was sentenced to 32 months in prison for attacking his New Jersey employer’s network …
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TL;DR Adam Iza, who called himself “The Godfather,” has been sentenced to 78 months in federal prison. Prosecutors said he stole more …
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