Interpol issues 'Red Notice' for Hex founder Richard Heart
Interpol has issued a “Red Notice” for Hex founder Richard Schueler, also known as Richard Heart, for allegedly committing tax fraud and assault.
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Palau’s Ripple-supported stablecoin pilot achieves positive results
The U.S. dollar-pegged Palau Stablecoin was used by 168 volunteers for $100 of retail purchases in three months. 145 Total views 16 Total shares The first phase of the Palau Stablecoin (PSC) Program has been declared a success by the country’s Ministry of Finance. More work on the United States dollar-pegged national stablecoin is planned

BlockTower’s CIO Predicts Hyperinflation Could Send Bitcoin Parabolic
Ari Paul, CIO at BlockTower Capital crypto hedge fund, believes Bitcoin’s next parabolic move will soon be triggered by hyperinflation caused by central banks’ monetary policies. Ari Paul, CIO and co-founder at crypto hedge fund BlockTower Capital, believes Bitcoin’s next parabolic move will soon be triggered by hyperinflation caused by the monetary policies of central…

What death spiral? Bitcoin mining difficulty rises by 9% since halving
After the May 11 halving, some skeptics speculated that miners would capitulate or that the entire process would enter a death spiral. Fast-forward three months and the Bitcoin (BTC) hash rate is at a record high.An all-time high hash rate and a stable Bitcoin mining industry are both positive signs for the medium to long-term…

Advisor holdings in Bitcoin ETFs rise, hedge fund stakes dip — Coinbase
Investment advisors are expanding their spot Bitcoin ETF holdings, but Coinbase warns that "large inflows" might not be seen immediately due to the slow summer period in the United States.

Bitmain to Compensate its Past Customers After Price Cut
Leading cryptocurrency mining application specific integrated circuit (ASIC) producer Bitmain announced the intention to grant a partial refund to the customers that bought its AntMiner S17+ and T17+ before the price cuts.A post published by Bitmain on April 14 announced that customers who purchased AntMiner S17+ and T17+ machines from mid-February to the end of…

WFE Brass Weighs in on Crypto Securities Classification Debate
Are cryptocurrencies securities or commodities? The World Federation of Exchanges, or WFE, released a document talking cryptocurrency terminology and regulation last week. In conversation with Cointelegraph, WFE Head of Regulatory Affairs, Richard Metcalfe, has added further clarity on the subject.“The WFE believes that, precisely because the market in crypto assets has evolved and expanded rapidly,…

‘Best Brand’ Bitcoin Can Hit $20K by May Halving, Says Mike Novogratz
Bitcoin (BTC) has the potential to reach and even surpass its all-time highs of $20,000 by May’s block reward halving. That was the opinion of Mike Novogratz, the serial venture capitalist who has stayed consistently bullish on BTC. Novogratz: Bitcoin “best brand of the past 11 years”Speaking to CNBC in an interview on Feb. 14, Novogratz called…

Silicon Valley Bank shut down by California regulator
The FDIC stated that as the receiver, it had immediately transferred all insured deposits of Silicon Valley Bank to the newly created Deposit Insurance National Bank of Santa Clara (DINB). 694 Total views 20 Total shares Own this piece of history Collect this article as an NFTSilicon Valley Bank, a major financial institution for venture-backed…