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CEO Jenny Johnson believes institutions will deploy a second wave into Bitcoin funds and attract the truly big players.

Franklin Templeton CEO says Bitcoin investment still in early phase

Franklin Templeton CEO Jenny Johnson believes we are still in the early days of the Bitcoin investment cycle and that big institutional money has not been fully deployed into the...

3 months ago

Part of the plea deal involved Juan Tacuri forfeiting nearly $4 million and real estate which were purchased with victim funds.

Top promoter in Forcount ‘Ponzi’ pleads guilty to wire fraud conspiracy

One of the main promoters behind the Forcount cryptocurrency Ponzi scheme has pleaded gu...

3 months ago

The Iggy Azalea-launched “MOTHER” is the only token launched by celebrities last week still hitting new all-time highs. It has now amassed a market cap of $130 million.

Most celeb tokens are down 66%+ since Jenner’s bizarre crypto debut

The majority of celebrity-backed tokens that launched last week, including JENNER, DAVIDO, and RICH, have tanked at least 66% since peaking — though one token bucked that trend and is stil...

3 months ago

Zone’s layer-1 blockchain is purportedly Africa’s first decentralized, cross border, currency-agnostic payments solution.

Zone launches PoS gateway with instant settlements

Zone, the company behind Africa’s first regulated blockchain network for payments, announced the launch of its new “ZonePOS” point-of-sale payment gateway solution on June 5.&n...

3 months ago

Turkey has dismissed levies on profits from stocks and cryptocurrencies but is exploring a transaction tax as part of efforts to regulate the tax on financial transactions.

Turkey denies plans to tax crypto, stock gains

Turkey has dismissed plans to impose taxes on profits from stocks and cryptocurrencies but suggested a “very limited” levy on transactions. According to Bloomberg, Treasury...

3 months ago

Allen argued that public blockchains “can’t process large volumes of transactions” — though on-chain data suggests otherwise.

Public blockchains too ‘fragile’ for tokenization: Professor tells Congress

A financial law professor told Congress in a speech on Wednesday that public blockchains are too “fragile” to tokenize trillions of dollars in real-world assets as they’re high...

3 months ago

McDonald’s Singapore launches the ‘My Happy Place’ metaverse, letting locals build virtual burgers, play multiplayer games, and earn rewards.

McDonald’s metaverse debuts in Singapore

American fast food chain McDonald’s launched the “My Happy Place” metaverse in Singapore, allowing locals to build virtual burgers and participate in other activities.

3 months ago

The agreement, which is subject to court approval, resolves a major hurdle for the FTX bankruptcy process.

FTX reaches $200M settlement with IRS on tax bill

Bankrupt crypto exchange FTX reached a tentative agreement with its largest creditor, the United States Internal Revenue Service (IRS). According to a June 3 filing, the exchange and t...

3 months ago

The U.S. politicians have accused Nigeria’s government of charging Gambaryan, a Binance compliance officer and former federal agent, with “baseless” crimes.

Politicians urge Biden to bring back Binance exec from Nigeria

Several United States politicians have reportedly asked President Joe Biden and the hostage affairs unit to try to bring Binance employee Tigran Gambaryan home, who has been held in Nigeria for ...

3 months ago

Fidelity’s Bitcoin fund led the pack with $378.7 million in net inflows on the U.S. spot Bitcoin ETFs second-highest joint net inflow day, according to preliminary data.

Bears rekt: Bitcoin ETFs see runner-up record day with $887M inflows

United States-based spot Bitcoin exchange-traded funds (ETFs) saw their second-best-ever joint net inflow day of $886.6 million, according to preliminary data. The Fidelity Wise O...

3 months ago