Forcount crypto scheme promoters plead guilty to wire fraud conspiracy

July 22, 2024
The Last Cryptocurency
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Cointelegraph Feed

On July 22, two of the five individuals who allegedly stole $8.4 million from investors between 2017 and 2021 by promoting Forcount pleaded guilty.

United States congressman Darren Soto has said that most cryptocurrencies should not be regulated under the country’s securities regulator. Soto made his comments in an interview with financial news channel Cheddar on Jan. 10.According to Soto, crypto should be overseen by the Commodities and Futures Trading Commission (CFTC) and Federal Trade Commission (FTC) — rather…

Wall Street Exec Mike Novogratz: Crypto, Blockchain Mass Adoption Is ‘5 to 6 Years Away’

Former Wall Street executive Mike Novogratz has recently predicted that mass adoption of crypto and blockchain is “still five to six years away,” Blokt blockchain and tech news outlet reports July 19. Speaking at the Beyond Blocks conference in South Korea, Novogratz, CEO and founder of crypto investment firm Galaxy Digital, still expressed confidence that…

New York State Digital Currency Task Force Appoints New Members

Legislators from the New York State Assembly have appointed six members to the New York State Digital Currency Task Force.In a video announcement on July 22, Assembly member Clyde Vanel announced six appointments to the group, which is tasked with investigating and making regulatory recommendations regarding digital currencies and blockchain technology. The task force will consist…

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Bitcoin net flows hit $750M, highest outflow since May

Large Bitcoin outflows may signal rising demand as investors shift BTC into cold storage, reflecting institutional confidence.

Algorithmic stablecoin project Neutrino launches staking for its governance token

The Waves-backed project will share a portion of protocol fees with NSBT holders. 1544 Total views 11 Total shares The Neutrino Protocol, a project building algorithmic cross-platform stablecoins, announced Tuesday the launch of staking rewards for its governance and utility token, the Neutrino System Base Token (NSBT).Neutrino uses an innovative mix of collateral backing and…

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Binance marks 7th anniversary with 200M users and new campaign

The milestone takes Web3 closer to reaching its first billion users, according to Binance’s chief marketing officer.

Price analysis 1/3: BTC, ETH, BNB, SOL, ADA, XRP, LUNA, AVAX, DOT, DOGE

Bitcoin’s (BTC) price action has been uneventful in the first few days of the new year and it continues to languish below the psychological level at $50,000. The Crypto Fear and Greed Index is in the fear zone registering a value of 29/100. On-chain analytics resource Ecoinometrics said stages of extreme fear rarely remain for long,…

Filecoin unveils the second phase of Space Race

More testing for their mainnet. 1604 Total views 14 Total shares Filecoin has invited all miners around the world to participate in the second phase of its contest Space Race, which aims to help prepare its mainnet. Filecoin explained in a post that it decided to conduct Space Race 2 after the large participation of miners…

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