Binance CEO 'CZ' sentenced to four months in prison | TechCrunch
Changpeng Zhao, founder of Binance, sentenced to 4 months in prison for various violations including anti-money laundering and sanctions breaches. [ more ]
Binance Fined $4.3M by Canadian Financial Regulator for 'Administrative Violations'
Binance faced a C$6 million fine in Canada for violating financial regulations, including failure to register and report transactions over $10,000. [ more ]
Financial Times @ft: FTX Customers Poised to Recover All Funds Lost in Collapse - The New York Times. #aiforgood #GenAI #MachineLearning https://t.co/B3yicIoIUD
US presidential candidate RFK to speak at crypto conference
Robert F. Kennedy Jr., an independent U.S. presidential candidate, supports cryptocurrency and self-custody, diverging from traditional Democratic views. [ more ]
The Protocol: From 'Node Sales' to 'Address Poisoning,' the Money's in Crypto
Node sales are a new fundraising method in the blockchain industry, involving selling blockchain nodes directly to investors for quick cash and the perception of decentralization. [ more ]
Bitcoin Magazine - Bitcoin News, Articles and Expert Insights
'99Bitcoins' Launches Anticipated Crypto Presale, Raising Over $1 Million
99Bitcoins launched 99BTC token presale, raising over $1 million in 4 weeks, poised to be a contender in crypto with a Learn-to-Earn platform. [ more ]
The Crypto Bros Are Back-and They Have a Dangerous Political Goal
The cryptocurrency sector, despite recent setbacks, is regaining strength and forming political alliances to potentially become a significant force in the 2024 elections. [ more ]
Bitcoin Magazine - Bitcoin News, Articles and Expert Insights
President Joe Biden Will Veto Legislation Allowing Financial Firms to Custody Bitcoin: White House
The Executive Office of President Biden opposes legislation allowing financial firms to act as cryptocurrencies custodians, protecting SEC's work and investors. [ more ]
DOJ Arrests Early Bitcoin Investor Roger Ver, 'Bitcoin Jesus,' on Charges of Tax Fraud
Roger Ver, a prominent Bitcoin investor, faces indictment by the DOJ for mail fraud, tax evasion, and false tax returns, potentially leading to extradition and trial. [ more ]
Bitcoin price falls to $57,000 as investors brace for Fed decision
Bitcoin price falls to $57,300, lowest since Feb, as demand decreases among long-term holders and whales, ahead of Fed announcement on interest rates. [ more ]
Bitcoin Magazine - Bitcoin News, Articles and Expert Insights
MicroStrategy Announces Decentralized ID Platform On Bitcoin Called MicroStrategy Orange
MicroStrategy introduced MicroStrategy Orange, a decentralized ID platform on the Bitcoin network, enabling organizations to build and manage identity applications. [ more ]
MicroStrategy Now Holds $13.6B Worth of Bitcoin, 1% of Total Circulating Supply: Canaccord
MicroStrategy cut its price target to $1,590 from $1,810 after acquiring more bitcoin and reporting a net loss due to digital asset impairment charges. [ more ]
Going Bankless: Bitcoin Offers The Ultimate Financial Freedom
Bitcoin allows users to be their own bank by avoiding risks associated with traditional banks like rehypothecation and fractional reserve banking. [ more ]
Ledn First-Quarter Loans Top Record $690M as Lending Market Snaps Back
Ledn processed $690 million in loans in Q1, with 84% to institutions. Loan book doubled since Nov 2022, attributed to spot bitcoin ETF approval in the U.S. [ more ]