NFT sales surge 18% as all-time volume on Solana nears $6B
NFTs recorded a monthly sales volume of $356 in October, an 18% increase from its September record.
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US LocalBitcoins Trader Who Offered Fake Real Estate Gets 21-Month Jail Term
United States authorities have brought criminal charges against a LocalBitcoins trader in connection with operating an unlicensed money transmission business, a government press release confirmed on May 28.As revealed by the U.S. Attorney’s Office for the Southern District of California, Las Vegas resident Morgan Rockoons will serve 21 months in federal prison for his activities,…

US DoJ accuses FTX founder of leaking private diary of Caroline Ellison
Sam Bankman-Fried attempted to publicly discredit government witness Caroline Ellison, who was once his business ally and a romantic partner, the DoJ argued. 115 Total views 1 Total shares The United States Department of Justice (DoJ) filed a complaint against FTX founder Sam Bankman-Fried (SBF), accusing him of leaking the private papers of Caroline Ellison,…

Bitcoin not a ‘threat’ to the US dollar: Goldman Sachs CEO
Goldman Sachs CEO David Solomon called the original cryptocurrency an “interesting speculative asset.”

Block posts 34% increase in Bitcoin revenue in Q2 but shares stumble
Bitcoin profits on Block’s Cash App dropped slightly from the first quarter of 2023 but remain up 7% from this time last year. 158 Total views 1 Total shares Shares in payment technology firm Block Inc. tumbled after hours despite its second-quarter results beating earnings expectations, including a 34% year-on-year increase in Bitcoin (BTC) revenue.In…

Former Bakkt CEO to Sell All Holdings After Insider Trading Accusations
Following major accusations of insider stock trading during the coronavirus-induced market crash, Senator Kelly Loeffler (R-GA), the former CEO of Bakkt, is liquidating her holdings with her husband.In an April 8 tweet, Loeffler said that she and her husband Jeffrey Sprecher, CEO of ICE, which is the company that owns Bitcoin (BTC) options contracts regulator…

China’s digital yuan is ‘a long way’ from beating USD says financial firm exec
Sounds like its CBDC is unlikely to dethrone the United States dollar as the world’s reserve currency anytime soon. 1711 Total views 18 Total shares David Roche, president and global strategist at Independent Strategy, believes that China’s digital yuan has “a long way” before it will become able to challenge the U.S. dollar as a…

Association seeks to overturn Arkansas law aimed at foreign crypto miners
An Arkansas crypto mining group has taken action against two state officials who they claim enforced an unconstitutional law restricting a foreign-born US citizen’s mining activities. 184 Total views 2 Total shares The Arkansas Cryptomining Association is suing two Arkansas state officials, arguing that they enforced an unconstitutional and discriminatory state rule prohibiting foreign-born American

Ripple case with SEC to ‘likely’ reach a conclusion in 2022, says CEO
"The judge realizes this is not just about Ripple, this will have broader implications,” Ripple CEO Garlinghouse said. 2470 Total views 8 Total shares The long-standing feud between distributed ledger technology firm Ripple and the United States Securities and Exchange Commission (SEC) is nearing its end, according to Ripple’s CEO.Brad Garlinghouse highlighted the progress made…