Forcount ‘Ponzi scheme’ promoter sentenced to 20 years in prison
According to US prosecutors, Juan Tacuri, and his co-conspirators, defrauded investors of $8.4 million in an apparent Ponzi Scheme.
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NFT market top signal? Fake Banksy nets over $1 million in ETH from NFT sales
As the cryptoTwitter community debates the fair value of Cryptopunks and other NFTs rising to sky-high valuations, there’s at least one clear sign of the digital collectibles market growing irrational: an individual posing as Banksy, perhaps the most famous living artist, has netted over $1 million in ETH in NFT sales. Starting on Sunday, Feb 14,…

‘No fucking way’ — Joe Rogan, Post Malone slam US government CBDC
CBDCs have turned out to be a popular talking point among the American public, garnering takes from comedians, rappers and presidential candidates alike. 92 Total views 1 Total shares Podcaster and commentator Joe Rogan has blasted the idea of a United States central bank digital currency (CBDC), describing a digital dollar as a “game over”…

Sen. Warren goes after Ethereum network fees in committee hearing
"High, unpredictable fees can make crypto trading really dangerous for people who aren’t rich," said Senator Warren. 1417 Total views 25 Total shares Democratic Senator Elizabeth Warren, known by many as an outspoken cryptocurrency skeptic in the United States government, criticized outages at exchanges and high transaction fees during periods of price volatility.In a Tuesday…

Illinois pushes for strategic Bitcoin reserve with 5-year hodl strategy
Illinois’ HB1844 bill proposes a state-run Bitcoin reserve with a mandatory five-year holding period before allowing conversions or sales.

Gate.io to launch $100M innovation fund with the Blockchain Center in Abu Dhabi
The fund aims to advance decentralized infrastructure and blockchain adoption and support talent from the US, Asia, Europe and the MENA region.

Binance’s CZ: This Vibrant Country Is One Of The Fastest-Growing Crypto Nations
At a recent B2B event in Turkey, suit-clad men and women from traditional financial institutions and the public sector stood in line to take a selfie with a guy in a hoodie.That guy, Binance CEO Changpeng “CZ” Zhao, found time to attend the annual Turkish Capital Markets Summit in Istanbul, Turkey on Nov. 19. Between…

Polygon onboards Simba Chain for Ethereum scaling and infrastructure development
Simba aims to lower the barrier of entry into Web3 for Web2 firms with the help of a decentralized platform that provides necessary developer tools. 424 Total views 21 Total shares Ethereum (ETH) layer-2 solution Polygon (MATIC) is integrating the Simba Chain to scale and build new infrastructure for Web3, according to a new announcement.While Polygon…

Did Grayscale push Bitcoin back up to the $40K mark?
Some stats indicate Bitcoin’s current rally could be more reliant on institutional investors than ever before. 1397 Total views 7 Total shares Within 48 hours of Grayscale reopening its services to new investors on January 13, Bitcoin’s price shot up by almostd 20%, to once again hover just under the $40,000 mark. During the same period,…