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A New York district court judge has rubber-stamped Terraform Labs and Do Kwon’s nearly $4.5 billion settlement with the SEC.

US judge approves Terraform’s $4.5B settlement with SEC

A United States district court judge has signed off on the $4.5 billion settlement between Terraform Labs, its co-founder Do Kwon and the Securities and Exchange Commission. ...

3 months ago

The huge and sudden uptick in Bitcoin whale accumulation came as Bitcoin supply on exchanges fell to its lowest level since December 2021.

Bitcoin whales scoop up $1.4B in 24 hours amid market correction

Bitcoin whales took full advantage of the Bitcoin price slump on June 11, accumulating a combined 20,600 BTC worth $1.38 billion. According to blockchain analytics firm Crypt...

3 months ago

The Bitcoin whale didn’t even send test transactions before moving their 8,000 Bitcoin.

Dormant Bitcoin wallet moves $536M after over 5-year hiatus

A Bitcoin whale has transferred 8,000 Bitcoin (BTC) worth $536.5 million from a Coinbase cold storage wallet after five and a half years of dormancy. Bitcoin address “1...

3 months ago

The announcement comes shortly after GME stock rose above the $30 mark.

Citron no longer short on GME, cites ‘market’s irrationality’

Citron Research, one of the most prominent GameStop short sellers, is no longer short on GameStop (GME) stock. The popular short seller closed its GME short position concerning “...

3 months ago

The 200 million user mark represents over a third of all cryptocurrency holders worldwide.

Binance reaches 200M users with $100B in assets under custody

Binance, the largest cryptocurrency exchange in the world by daily volume, announced on June 8 it had reached 200 million global users. No other exchange can boast nearly as many...

3 months ago

The medical manufacturer now holds 828 BTC and says it will “continue to pursue our strategy of purchasing Bitcoins with cash.”

Semler Scientific now holds 828 Bitcoin and has $150M plan to buy more

Nasdaq-listed medical manufacturer Semler Scientific — which made headlines last month for adding Bitcoin (BTC) to its treasury — has bought another $17 million worth of th...

3 months ago

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