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Ross Ulbricht’s Liquidity Mistake Costs Millions
A $12 million loss has been reported from crypto accounts associated with Ross Ulbricht, the recently pardoned founder of Silk Road, as a result of a costly trading error.
Arkham…
Musk father seeks to fund $200M for think-tank with ‘Musk It’ memecoin
Errol Musk endorses Musk It is a memecoin that prioritizes innovation objectives and family legacy.
Errol Musk, the father of tech magnate Elon Musk, is currently supporting a new…
Class action says Nelk Boys ‘failed to deliver’ NFT project commitments
A lawsuit alleges that the Metacard NFT initiative "failed to deliver" to purchasers, accusing the Nelk Boys of being "snake-oil salesmen."
In a lawsuit, the Nelk Boys, a collective of…
Russian Governor Wants to Ban Bitcoin Mining All Year
The Governor of the Russian Bitcoin mining capital of Irkutsk has called for a "year-round prohibition" on crypto mining, as the energy problems are intensifying.
Igor Kobzev, the…
Chinese court finds BKEX employees guilty of running illegal cryptocurrency exchanges
A Chinese court has convicted BKEX, a cryptocurrency exchange, of operating an unlawful wagering platform through its contract trading services.
The ongoing assault on…
El Salvador Changes Bitcoin Law for IMF Deal but Maintains Crypto Commitment
El Salvador's Bitcoin policies are continually changing as President Nayib Bukele modifies the country's crypto law to comply with IMF regulations.
The change, which was quickly approved…
Tesla’s Bitcoin shares add $600 million to its Q4 earnings
Following the implementation of new FASB accounting regulations that permit Bitcoin valuation at market prices, Tesla reported a $600 million profit in Q4 2024.
Thanks in part to its…
Texas Plans to Create State-Backed Bitcoin Reserve in 2025
Lieutenant Governor Dan Patrick has disclosed that Texas intends to establish a state-backed Bitcoin reserve as part of its 2025 legislative agenda.
This action positions Texas in the…
UK might sell $6.3 billion in Bitcoin to make up its budget
The United Kingdom is currently dealing with a $25 billion deficit, which contributed to the ongoing debate regarding the management of the largest Bitcoin seizure documented in its history.…
Hong Kong recognizes more than 30 crypto fraud platforms with the HashKey brand
HashKey contends that it has no connection with the suspicious URLs that were included in the SFC's list.
The Securities and Futures Commission (SFC) of Hong Kong discovered a total of 45…