86-year-old to pay $14M after admitting to running crypto Ponzi scheme
Prosecutors sought five years probation for crypto schemer David Kagel because of his age and ailing health.
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Uniswap ready to fight for DeFi against SEC, Bitcoin Runes hype fades: Finance Redefined
Transactions attributed to the Runes protocol accounted for over 50% of all Bitcoin transactions between April 20 and 24; however, by May 2, this figure had dropped to 11.1%.

It’s here: Treasury proposes rule to monitor crypto going to self-hosted wallets
Many have called the long-rumored rules an existential threat to peer-to-peer transactions. 3631 Total views 17 Total shares The Treasury has released its long-awaited proposal to restrict money services businesses, including U.S.-registered crypto exchanges, from dealing with self-hosted wallets.In a Friday evening announcement, the Treasury's Financial Crimes Enforcement Network, or FinCEN, announced proposed rules requiring…

Volvo Invests in Blockchain Startup to Trace Cobalt in Its Batteries
Volvo’s venture arm invests in blockchain traceability startup Circular to track. 579 Total views 2 Total shares On July 8, Volvo Cars Tech Fund announced their investment in blockchain traceability startup, Circulor.Volvo previously used Circulor’s traceability solution to track cobalt in its batteries. Much of cobalt mining happens in Africa under questionable conditions and involves…

FTX to give a ‘one-time’ $6M compensation to phishing victims
FTX founder Sam Bankman-Fried said the exchange won’t be “making a habit of compensating” users that are “phished by fake versions of other companies.” 335 Total views 3 Total shares Cryptocurrency exchange FTX will provide around $6 million in compensation to victims of a phishing scam that allowed hackers to conduct unauthorized trades on certain…

Bitcoin ‘power law’ model forecasts $200K BTC price in 2025
Bitcoin’s surge to $95,000 aligns with various models predicting $130,000 to $200,000 by Q4 2025. 545 Total views 2 Total shares Key takeaways: Based on power curve trends, Bitcoin may hit $200,000 in Q4 2025. Bitcoin follows gold’s price trend with a 100-150 day lag. Bitcoin’s (BTC) price has rallied 11% this week, its best

Bitcoin pushes past $90K amid meteoric 24-hour rally
Bitcoin has notched another major milestone, topping $90,000 for the first time following the election of Donald Trump as the next US president.

Here’s why Bitcoin price can’t go higher than $87.5K
Bitcoin is seeing classic manipulatory whale moves on Binance, analysis warns, with BTC price upside capped below $90,000 as a result of liquidity massaging. 146 Total views 1 Total shares Bitcoin (BTC) is being capped at $87,500 thanks to manipulation by one or more whales, new analysis says. The latest market coverage by trading resource

Russia Officially Lifts Its Two-Year Telegram Ban
Russia’s Federal Service for Supervision of Communications, Information Technology and Mass Media has officially lifted the ban on Telegram. 1856 Total views 15 Total shares After years of unsuccessful efforts to ban Telegram in Russia, local authorities have finally decided to cancel the ban on the major encrypted messenger in the country.Russia’s Federal Service for…