Prometheum labels UNI, ARB securities in custody expansion
Prometheum is the only SEC-registered crypto custody provider and already treats ETH as a security.
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CFTC Seeks $429M Penalty Against Ponzi Operator Who Ghosted Them
While nobody can find the man behind alleged ponzi scheme Control-Finance, the CFTC is asking the court to throw the book at him. In the case of United Kingdom-based Control-Finance and its AWOL operator Benjamin Reynolds, the United States Commodity Futures Trading Commission asked the court to order Reynolds pay nearly half a billion dollars…

Nigerian officials drop some charges against detained Binance exec
The next court dates in Tigran Gambaryan’s case are scheduled for June 19–20, according to a family spokesperson.

Cato Institute CEO says his daughter married the ‘Bitcoin Sign Guy’ from 2017 hearing
Jerome Powell said that he also had “close family members” who argued that crypto was still in the development phase, suggesting Bitcoin proponents may be close to home. 720 Total views 54 Total shares Peter Goettler, the CEO of United States-based think tank Cato Institute, has provided an update to the crypto community on the…

Record $584M Litecoin futures open interest signals institutional inflow
Open interest on Litecoin futures hit a record $584 million, a signal that institutional investors like Bitwise and Grayscale Investments are interested in the altcoin. 131 Total views 1 Total shares Litecoin (LTC) might be 60% below its December 2017 all-time high at $420, but that hasn't stopped its futures contracts open interest from reaching…

SafePal launches Telegram crypto wallet with Visa card support
SafePal’s new Mini Wallet App will enable 950 million Telegram users to create individually owned and compliant crypto-friendly Swiss bank accounts, the firm said.

Defending Bitcoin’s Integrity in the Great Twitter Hack
Bitcoin (BTC) has made global headlines again because of the recent Twitter hack, but this time, we need to work harder to protect Bitcoin’s integrity and the progress the industry has made.The coordinated social engineering attack compromised the Twitter accounts of high-profile figures and organizations like Microsoft co-founder Bill Gates, Tesla founder Elon Musk, Amazon…

UK 3rd for ETH ownership as crypto adoption grows 1% in December: Survey
In a December survey conducted by Finder.com, the United Kingdom held third place worldwide in adoption rankings for Ethereum, while overall cryptocurrency adoption crept up by 1%. 203 Total views 3 Total shares British crypto enthusiasts were busy consolidating and rebalancing during the last gasp of 2021. Finder.com surveyed 2,013 Internet users in the United…

Bitcoin whales absorb 300% of newly mined BTC supply — Is $100K next?
Bitcoin’s (BTC) richest traders and investors are increasingly bullish on BTC despite facing downside risks from unfavorable macroeconomic factors, the latest onchain data suggests. Bitcoin whales absorbing 300% of new supply Bitcoin whales and sharks are now absorbing BTC at record rates—over 300% of yearly issuance—while exchanges are losing coins at a historic pace, according