Trader turns $2.2K SOL into $2.26M in 8 hours with new memecoin
The trader, the largest BOME holder, made an over 993-fold gain on his initial investment, spurring insider trading allegations.
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NYAG Accusations ‘Filled With Inaccuracies,’ Says Bitfinex Letter to Users
Cryptocurrency exchange Bitfinex stated that the recent allegations by the New York Attorney General (NYAG) about the exchange’s insolvency are “filled with inaccuracies and false assertions.” The exchange made the claim in a letter seen by Cointelegraph, emailed to Bitfinex users today, April 27.The letter was signed by the exchange’s CEO, Jean Louis van der…

Ingenico Partners with Pundi X to Unlock Android-Based Crypto Payments
French payment firm Ingenico has partnered with Singapore-based crypto startup Pundi X to enable its customers to receive payments in crypto using smartphones. Pundi X has integrated its point-of-sale payment gateway (XPOS) into Ingenico’s mobile portable POS solution APOS A8, the firm announced on Nov. 12. Through this partnership, merchants around the world using Ingenico’s Android-based…

Bitcoin Hedge Fund and CEO Slapped With $2.5 Million Penalty for Ponzi Scheme
A New York federal court has ordered cryptocurrency hedge fund Gelfman Blueprint, Inc. (GBI) and its CEO Nicholas Gelfman to pay over $2.5 million for operating a fraudulent Ponzi scheme, according to an official announcement published Oct. 18.GBI is a New York-based corporation and denominated Bitcoin (BTC) hedge fund incorporated in 2014. As stated on…

Ethereum ERC-4337 ‘smart accounts’ launch at WalletCon: Account abstraction is here
Smart accounts, enabled by the launch of the new ERC-4337 standard, are now available on Ethereum and are expected to help mainstream adoption by finally making crypto user friendly.Ethereum Foundation security researcher Yoav Weiss will make the surprise announcement at WalletCon in Denver today that the core contracts for ERC-4337 — known by blockchain developers…

Why Bitcoin’s next breakout may not be an altcoin season signal
On April 14, Bitcoin (BTC) reached a $64,900 all-time high after accumulating 124.5% gains in 2021. However, a 27.5% correction followed over the next eleven days, marking a $47,000 local bottom.The popular Crypto Fear and Greed Index reached its lowest level in 12 months on April 25, signaling that investors were closer to "extreme fear,"…

Bitcoin ends week ‘on the edge’ as S&P 500 officially enters bear market
Down 20% from its latest peak, the S&P 500 now meets the definition of bear market territory in a warning sign for risk assets everywhere. 1517 Total views 39 Total shares Bitcoin (BTC) struggled to recover its latest losses on May 21 after Wall Street trading provided zero respite.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC…

Bitcoin ‘Failed Safe Haven Test’ After 7% Drop, Peter Schiff Gloats
Bitcoin (BTC) has shown it is not a safe haven asset, gold bug Peter Schiff has said after the largest cryptocurrency dropped 7% in daily trading.In a tweet on Aug. 28, Schiff, who has become increasingly known as a Bitcoin naysayer, claimed BTC/USD dipping below $10,000 once again on Thursday put pay to theories it…

Blockstream raises $16M for its Bitcoin mining STO in a matter of hours
Blockstream allows investors to mine Bitcoin by simply purchasing the Blockstream Mining Note security token. 869 Total views 24 Total shares Major blockchain technology company Blockstream has completed six tranches of its Bitcoin (BTC) mining security token offering (STO), securing a total of 30.9 million euros ($36 million).Blockstream officially announced Thursday that the company raised…