Bitcoin profit-taking remains ‘below historical peaks’ amid $90K high

Vinnik’s lawyers fear Greek authorities will want him to face additional charges after the sentence. 523 Total views 2 Total shares A court of appeals in Paris has upheld the five-year prison term in the case against BTC-e operator Alexander Vinnik.The court upheld a December 2020 verdict and prison sentence, finding that Vinnik/BTC-e had committed…

The United States Department of the Treasury has added multiple cryptocurrency addresses to its Specially Designated Nationals (SDN) list under the Foreign Narcotics Kingpin Designation Act, also known as the Kingpin Act. These addresses, and the individuals associated with them, have been deemed to be associated with foreign narcotics operators.The Treasury updated its SDN list…

The 50 billionth USDT token has been minted, Tether has confirmed. 3686 Total views 26 Total shares The market capitalization of Tether (USDT), the world’s largest stablecoin, zipped past $50 billion on Monday, in a sign that the cryptocurrency bull market was still heating up. Tether Operations Limited confirmed the milestone on Friday, with roughly 50…

Despite once ranking as the fourth-most popular app in Venezuela, pioneering crypto wallet provider BreadWallet, or BRD, attributes its success in the country to local demand for crypto assets.Speaking with Cointelegraph on the topic of BreadWallet’s success in Venezuela, CEO Adam Traidman stated that local demand for crypto assets has been the principal driver of…

The class action suit was filed against Silicon Valley Bank, chief executive officer Greg Becker, and chief financial officer Daniel Beck. 110 Total views 4 Total shares Own this piece of history Collect this article as an NFTA group of shareholders have reportedly filed a lawsuit against Silicon Valley Bank’s parent company and some of…

Crypto service providers must fulfill seven conditions that include being constituted in the form of a company with a minimum capital of roughly $52,725 (EUR 50,000). 144 Total views 11 Total shares A new rule imposed by Belgium’s financial regulatory agency, the Financial Services and Markets Authority (FSMA), will now require crypto exchanges and custodial…

The future will not bring competition between digital and non-digital currencies, but between monetary policies, according to Anthony Pompliano.Pompliano made his comments on CNBC’s Squawk Box, Sept. 27. Ultimately, he believes, people will choose Bitcoin, as a currency that governments can’t control.The U.S. government should tokenize the dollar immediatelyPompliano was being questioned on how Bitcoin…

At least three senior researchers have left OpenAI since Sam Altman was removed as the startup's CEO on Nov. 17. 456 Total views 3 Total shares The turmoil at OpenAI continues to escalate after its founder Sam Altman was abruptly ousted on Nov. 17, with three senior researchers reportedly quitting the artificial intelligence company.OpenAI’s board

The Department of the Treasury suggested that the increasing use of art as an investment or financial asset could make the high-value art trades vulnerable to money laundering. The U.S. Department of the Treasury released a study on the high-value art market, highlighting the potential in the nonfungible tokens (NFT) space to conduct illicit money…