SEC charges siblings over $60M Ponzi touting a crypto trading bot
The SEC has accused the two brothers of using investor money to fund lavish lifestyles, including the purchase of cars and a multimillion-dollar condominium.
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BTC price strength faces further risks as prediction markets see a giant beat on US January jobs.

Coinbase stock falls 5% pre-Wall Street as Bitcoin price dip adds to Super Bowl woes
A glitch lasting minutes rather than hours nonetheless has far-reaching repercussions as Bitcoin's trending towards $40,000 pressures COIN further. 387 Total views 16 Total shares U.S. cryptocurrency exchange Coinbase (COIN) has seen its shares dive 5% pre-trading after a calamitous advertising debut at the Super Bowl 2022.Data from Cointelegraph Markets Pro and TradingView showed COIN…

Polygon’s expanding ecosystem backs MATIC’s rise toward a new all-time high
Layer-two (L2) solutions for the Ethereum network have become a popular topic of discussion and speculation on their associated tokens backed the massive rally seen in many of the protocols this year. The parabolic growth of the decentralized finance (DeFi) and nonfungible token (NFT) sectors also led to a surge in the cost of carrying…

Stablecoins and the dollar: Allies or adversaries in the new financial era?
As Americans gear up for the elections, the digital dollar comes back into focus. What roles will a CBDC and stablecoins play in shaping the future of the US economy?

Publicly-listed Samara Asset Group to buy Bitcoin using $33M bond
Samara Asset Group CEO Patrick Lowry said “it would be a dream” to stack as much Bitcoin as MicroStrategy co-founder Michael Saylor.

Bithumb Announces External Audit Results in Wake of $13 Million Hack
South Korean cryptocurrency exchange Bithumb has conducted a professional external audit of its funds after a major hack last month, the company confirmed in a statement on April 11.Bithumb, South Korea’s largest exchange, lost around 14 billion won ($13 million) two weeks ago in an event executives believe was masterminded by an insider.Now, Bithumb has…

New Zeland’s tax authority grills companies for info on crypto users
If it's a taxable event, authorities want to know. 665 Total views 15 Total shares New Zealand businesses must now submit information on their clients' digit asset usage to the country's tax regulator, the Inland Revenue Department, or IRD. The governing body said it wants to get a better grasp on the crypto scene in the country…