US Sentences Nigerian Darknet Fraud Leader to Five Years in Prison for $6M Scheme
A Nigerian national has been sentenced to five years in federal prison for his role in a massive darknet fraud scheme that intended to...
FATF Urges India to Strengthen Virtual Asset Regulation
India has achieved a high level of technical compliance with Financial Action Task Force (FATF) standards, addressing illicit finance, money laundering, and terrorist financing....
JPMorgan Forecasts Potential 50bps Rate Cut in November Following Recent Fed Move
JPMorgan Chase sees the possibility of the Federal Reserve making another significant rate cut in November, possibly by 50 basis points. The bank, which...
US Company Settles Salvadoran Coffee Purchase With Bitcoin
According to information from the Salvadoran Ministry of Foreign Affairs, Compass Coffee, a U.S.-based coffee company, has completed an international purchase of Salvadoran coffee...
Blackrock’s Ishares Bitcoin Options Get the SEC Green Light
The U.S. Securities and Exchange Commission (SEC) has granted approval for the listing and trading of options on the Ishares Bitcoin Trust (IBIT), a...
Gold’s Bull Rally Continues as Interest Rates Get Deep Cuts
The gold bull rally continued this Wednesday, as prices in COMEX reached all-time highs, surpassing $2,625 per ounce. Prices slingshotted up after the Federal...
Securitize Selects Wormhole as Official Blockchain Interoperability Provider
Real-world-asset (RWA) tokenization infrastructure provider Securitize has chosen Wormhole as its official interoperability provider to facilitate cross-chain transfers for all tokenized assets on its...
Hashpower Evolution: Bitmain’s New ASIC Packs 477,677% More Power than the 2013 S1
This week, Bitmain introduced its latest bitcoin mining machine, which packs an impressive punch with a reported output of 860 terahash per second (TH/s)....
ETF Inflows Surge: Bitcoin Rakes in $158M, Ether Funds Add $5M
According to the latest figures, bitcoin exchange-traded funds (ETFs) brought in $158.21 million in inflows on Thursday, while ether ETFs saw $5.24 million in...
Cathedra Bitcoin Announces Non-Brokered LIFE Offering to Purchase BTC
Cathedra Bitcoin Inc. has unveiled a non-brokered private placement aimed at raising up to C$2.5 million ($1.85 million). The funds will be used for...