Alex Mashinsky to plead guilty to two charges in plea deal
US authorities charged the former Celsius CEO with seven felony counts related to fraud and misleading users after reaching a “non-prosecution agreement” with the company in 2023.
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Sei Foundation floats 23andMe acquisition, genetic data on the blockchain
23andMe announced it was filing for bankruptcy in the US on March 23, leading to concerns from many users about the privacy of their genetic data. The foundation behind the layer-1 blockchain, Sei, announced it was exploring the acquisition of the genetic testing company 23andMe after the firm filed for bankruptcy. In a March 27

Tether mints $1 billion USDt on Tron, pays zero fees — Arkham
According to stablecoin firm Tether, approximately $127 billion in Tether-USD tokens (USDt) are currently in circulation.

Solana fees to surpass Ethereum, trader loses over $1M due to hard fork: Finance Redefined
Is Solana living up to its so-called “Ethereum-killer” status? And one trader was left over $1 million poorer due to a hard fork.

Crypto Telegram and Tweet Numbers Are Down, But There’s Hope Yet
Cryptocurrency-related tweet volume and membership figures for Telegram crypto groups have both taken a dive since 2018 — but there are promising signs that social media engagement is starting to turn around.Joshua Frank, from analytics and finance management startup The Tie, told Cointelegraph nearly all cryptocurrencies saw a reduction in related Tweet volume from January…

Binance Jersey Partners with Crypto Platform Caspian for Faster Trades
Binance’s fiat-to-crypto conversion branch for euros and British pounds, Binance Jersey, has entered into a partnership with the crypto investment service Caspian, which provides trading, portfolio and risk management on its platform.Caspian shared news of the partnership with Cointelegraph on Aug. 14. The partnership will purportedly result in improved security for crypto investors, as well…

Bitcoin ETF fever returns: ‘Biggest’ inflow to ProShares’ BITO in a year
Bitcoin (BTC) exchange-traded fund (ETF) fervor is back with a raft of new applications and an increase in capital inflows from institutional investors.On June 26, a surge of inflows to the ProShares Bitcoin Strategy ETF (BITO) — a Bitcoin futures fund — was observed by Bloomberg senior ETF analyst Eric Balchunas.The fund had its largest…

ICO fraudster pleads guilty to $7m Covid-relief loan scam
An ICO fraudster spent more than $7 million in fraudulently obtained covid relief on luxury personal expenses, including a Rolex, a luxury apartment, and a new Mercedes. 2182 Total views 16 Total shares A 24-year-old New York resident has pleaded guilty to acquiring more than $7 million in Covid-19 relief through fraudulent loan applications and…

US recession would be a big catalyst for Bitcoin: BlackRock
Bitcoin would be a big winner from a potential US recession as it’s built to thrive in a high fiscal spending, low interest rate environment, says a BlackRock executive. BlackRock’s head of digital assets, Robbie Mitchnick, says that Bitcoin will most likely thrive in a recessionary macro environment, contrary to what some analysts may think.