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The Latest Breaking News on Crypto

Standard Chartered Sees Bitcoin Hitting $150K By Year-End, Possibly $250K In 2025

Standard Chartered Bank believes Bitcoin can reach $150,000 at the end of 2024, given its recent bull run that allowed the cryptocurrency to hit its all-time high of $73,000 earlier this month.

International Business Times

Prominent Crypto Security Researcher Flags Gotbit Yet Again After 2 Rug Pull Scams

ZachXBT has once again flagged cryptocurrency market maker Gotbit, this time noting there were two partner projects of Gotbit that rug pulled in the past week alone.

International Business Times

Nigerian SEC Proposes Whopping $95K Registration Fee For Crypto Exchanges

Nigeria's securities regulator now wants companies that want to operate as a digital platform in the country to pay up over $95,000 to register the business – and that's on top of other fees in the registration process lineup that crypto firms need to pay so they can do business…

International Business Times

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Crypto-friendly Lawmaker Seeks Chairmanship Of House Financial Services Committee

Rep. Hill of Arkansas, a known crypto-friendly lawmaker, has joined the list of Republicans looking to replace the chair of the House Financial Services Committee.

International Business Times

US Accuses 17 Additional Individuals in $300 Million Crypto Pyramid Scheme Targeting About 40,000 Latino Investors

The scam was facilitated through the company CryptoFX

Latin Times

New York Jury Convicts 2 Promoters Of 'Large-Scale Cryptocurrency Ponzi' IcomTech

Two promoters of defunct crypto mining and trading company IcomTech were found guilty of fraud last week, the U.S. Attorney's Office for the Southern District of New York said.

International Business Times

Trump Now Recognizes Bitcoin Has A 'Place' In US' Financial Future: BTC Foundation Chair

Bitcoin Foundation's chairman welcomed ex-president Trump's apparent change of heart in the latter's recent remarks about Bitcoin as the world's first decentralized cryptocurrency nears its halving event.

International Business Times

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El Salvador Will Buy One Bitcoin Daily Until It's 'Unaffordable' With Fiat Currencies: Bukele

Bukele once again made a bold statement regarding El Salvador's Bitcoin strategy, even as the country's Bitcoin City has not started construction work two years after the plan was announced.

International Business Times

Masters of spin – how slot machine operators are taking over UK high streets

With concern focused on online casinos, the firms who run ‘adult gaming centres’ have been expanding fast – and glad-handing dozens of MPs

The Guardian - UK

‘Don’t make panicked cuts’: proposed Royal Mail shake-up worries businesses

Card retailers and publishers voice concerns over changes that could lead to as few as three letter delivery days a week

The Guardian - UK

Prosecutors Urge 40-50 Years For Crypto Fraudster Bankman-Fried

US prosecutors have requested that a court sentence disgraced crypto mogul Sam Bankman-Fried to between 40 and 50 years imprisonment for massive fraud that cost customers $8 billion, court documents showed Friday.

International Business Times

Sam Bankman-Fried deserves 40 to 50 years for FTX fraud, prosecutors say

Manhattan prosecutors condemn former FTX chief’s ‘unmatched greed and hubris’ and seek long sentence for $8bn fraud conviction

The Guardian - US

'Craig Wrong': Satoshi Nakamoto 'Impersonator' Ruling Stirs Up Crypto Community On X

Craig Wright, who has been claiming for years that he created Bitcoin, isn't the person he says he is, according to a British judge Thursday – the ruling became a sensational topic on X (formerly Twitter) throughout the day.

International Business Times

Money flowing out of London stock market at a record pace, new figures show

Of 17 European countries, only four have seen greater percentage outflows of money this year

Evening Standard

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International Business Times

Worldcoin Asserts Orb Security Amid Spain Ban

Spain has become the latest country to move against allowing Worldcoin to continue using its iris scanning technology in the country, but the biometric crypto project is keen on clarifying how its technology works.

International Business Times

48% Of Crypto Owners Planning To Vote For Trump Over 39% For Biden: Poll

Most registered voters who own cryptocurrencies are planning to vote for former President Donald Trump in November, a new poll found, highlighting the potential of an emerging swing vote demographic to become a game-changer in the impending Biden-Trump rematch.

StockNews.com

Block Inc. (SQ) vs. Morningstar (MORN) - Which Financial Stock Has Long-Term Growth Potential?

The financial sector is on the cusp of significant growth, driven by the high-interest rate environment, the rapid ascent of fintech solutions, and evolving consumer preferences. So, let us scrutinize leading financial stocks Block (SQ) and Morningstar (MORN) to identify which is best positioned for long-term growth.

International Business Times

Bitcoin Not Invented By Computer Scientist Wright: Court

Australian computer scientist Craig Wright is not "Satoshi Nakamoto", the pseudonym used by the creator of the cryptocurrency bitcoin when it launched in 2008, a UK court ruled Thursday.

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The Guardian - UK

Australian computer scientist is not bitcoin creator Satoshi Nakamoto, high court rules

Judge says evidence for his conclusion that Craig Wright did not create bitcoin is ‘overwhelming’

Evening Standard

Bitcoin halving event: what is it and how does it affect prices?

A Bitcoin halving is on the horizon, but what does it mean and how will it affect Bitcoin’s value?

International Business Times

Binance Lays Out 'Facts' In Nigeria Business Amid Executives' Detainment

Binance, whose two executives have reportedly been held in a Nigerian government property for about two weeks, said it has provided information to help the country's law enforcement agencies tackle financial crimes.

International Business Times

US Attorney's Office Moves To Recover $2.3M Stolen Crypto In 'Pig Butchering' Scheme

The U.S. government is looking to recover some $2.3 million worth of pilfered cryptocurrencies in a "pig butchering" scam that was initially found to target a Massachusetts resident, but was later found to have also victimized 36 others nationwide.

The Guardian - UK

US retail sales bounce back in February; producer prices rise more than expected – as it happened

US data dampens expectations of early interest rate cuts

International Business Times

Judge Denies Gemini-Genesis Bid To Dismiss SEC Lawsuit Over Crypto 'Earn' Program

The SEC has just scored a win in its lawsuit against Gemini and Genesis over the crypto firms' defunct Earn program that led to a billion-dollar loss for investors when the cryptocurrency market experienced a significant downturn late in 2023.

International Business Times

Michael Saylor's MicroStrategy Seeks Another $500M To Buy More Bitcoins

MicroStrategy continues to pursue its Bitcoin buy strategy as the company announced another plan to purchase more of the cryptocurrency by offering $500 million in convertible senior notes.

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