Italy’s largest bank enters crypto market with $1M Bitcoin investment
Intesa Sanpaolo has become Italy’s first bank to make a Bitcoin investment after buying more than $1 million worth of BTC during a period of growing institutional interest.
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Programmer has two password guesses left before losing $266M in Bitcoin
A German-born programmer in San Francisco has now used up eight of 10 password attempts he has to unlock the hard drive containing the private keys to his Bitcoin wallet, which contains 7,002 Bitcoin (BTC). As of press time, those holdings would be worth $268 million — that is, if only they were accessible.As a…

California revokes BlockFi’s lending license 2 years after bankruptcy
Bankrupt and now defunct BlockFi has entered into a settlement agreeing to the license revocation and to cease unsafe practices.

SEC charges siblings over $60M Ponzi touting a crypto trading bot
The SEC has accused the two brothers of using investor money to fund lavish lifestyles, including the purchase of cars and a multimillion-dollar condominium.

Terraform claims SEC offered ‘no evidence’ for $4.7B in disgorgement
Lawyers for the firm claimed that any alleged losses caused by the platform’s or Do Kwon’s actions happened outside the United States, beyond the SEC’s authority in the civil case.

Indian authorities arrest alleged Garantex founder for US extradition
Aleksej Bešciokov was reportedly vacationing with his family in the Indian state of Kerala when authorities arrested him. 960 Total views 2 Total shares Officials with India’s Central Bureau of Investigation (CBI) announced the arrest of Lithuanian national Aleksej Bešciokov, who was alleged to have operated the cryptocurrency exchange Garantex. In a March 12 notice

Dogecoin creator slams Mozilla for pausing crypto donations
The creator of Dogecoin criticized Mozilla for supposedly making its decision based on feedback from the “ignorant, reactionary internet mob.” 1691 Total views 54 Total shares The Mozilla Foundation's back-tracking on crypto has earned a reaction from the creator of the world's first meme cryptocurrency.On Dec. 31, 2021, Mozilla, the developers of the Firefox internet…

Bitcoin holds $19K, but volatility expected as Friday’s $2.2B BTC options expiry approaches
This week the $20,000 resistance is proving to be stronger than expected and even after Bitcoin price rejected at this level on Sept. 27, BTC bulls still have reasons to not give up. According to the 4-month-long descending triangle, as long as the $18,500 support holds, Bitcoin price has until late October to determine whether the…

US lawmakers call on SEC chair to approve spot Bitcoin ETFs ‘immediately’
The members of the House Financial Services Committee are expected to question Gary Gensler during a Sept. 27 hearing on SEC oversight. 250 Total views 1 Total shares Four members of the United States Congress are requesting Securities and Exchange Commission (SEC) chair Gary Gensler “immediately” approve the listing of spot Bitcoin (BTC) exchange-traded funds