SEC charges siblings over $60M Ponzi touting 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.
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Go green or die? Bitcoin miners aim for carbon neutrality by mining near data centers
Bitcoin (BTC) mining has always been a controversial topic. But, Bitcoin’s proof-of-work (PoW) model has reached new levels of concern as senior decision-makers and investors pay closer attention to environmental, social and governance factors. As such, many crypto miners are highlighting environmentally friendly practices by acquiring carbon offsets. Yet, some would argue that this isn’t enough…

Decentralized VPN Gaining Steam at 100,000 Users Worldwide
Tachyon, a blockchain-based ecosystem built with the help of proof-of-stake creator, Sunny King, already has 100,000 entities using its VPN. Blockchain-based ecosystem, Tachyon, has a decentralized virtual private network, or VPN, hosting 100,000 users as of April, according to V Systems chief architect, Sunny King. "Tachyon has started open pilot testing," King told Cointelegraph in an…

Japan’s Covid-19 Stimulus Payments Didn’t Flow Into Crypto
Covid-19 relief money does not seem to have been spent by many Japanese on cryptocurrencies. 1524 Total views 3 Total shares In April, the Japanese government began distributing 100,000 yen payments — about $930 — to every household. But did the Japanese follow some in the United States and spend that money in crypto exchanges?…

Oman Sees First Trade Finance Transaction on Blockchain
Oman Oil and Orpic Group and HSBC Bank Oman SAOG have conducted the first trade finance transaction on the blockchain in the country using R3’s Corda platform.As news publication the Oman Observer reported on Nov. 23, Oman Oil and Orpic Group — one of the largest oil and gas businesses in Oman — and HSBC Bank…

Bitcoin miner Rhodium files for bankruptcy in Texas court
Rhodium’s debts range between $50 million and $100 million, while its total assets are estimated between $100 million and $500 million.

Crypto Biz: Is Trump intentionally crashing the market?
The odds of a recession are rising, markets are crashing and President Donald Trump is forging ahead with tariffs. This volatile playbook is eerily similar to Trump’s first term, which started with a bang before giving way to one of the biggest bull markets in recent history. However, this time, Trump seems to have dropped

Bitcoin Whale Suggests BTC Price Will Crash — Halving Is Priced in
The third Bitcoin (BTC) block reward halving is set to occur in 14 days and this event is usually preceded by a powerful rally that many have long forecast would bring the digital asset to a new all-time high. Surprisingly, Joe007, one of the biggest Bitcoin whales in the cryptocurrency market, has implied that the halving…

Market Recession Was a Long Time Coming, Not Coronavirus Surprise: Research
Analysts had predicted a recession for years and it should not come as a surprise, according to crypto-focused market research firm Crebaco.Crebaco claims in a report shared with Cointelegraph that the recession that has taken hold of the markets was anticipated by many analysts over the last several years. The document reads:“The Global markets have…