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Update May 21, 4:32 am UTC: This article has been updated to add more information from the SECâs complaint.The US Securities and Exchange Commission has sued crypto investment platform Unicoin and three of its executives, alleging they made false and misleading statements about their crypto assets tâŚ
Haliey Welch, better known as the âHawk tuah girl,â says the Federal Bureau of Investigation briefly probed her after her âmemecoin disasterâ â the failed launch of a token in her image that she promoted. Welch said in a May 21 episode of her âTalk Tuahâ podcast that the FBI showed up at her grandmoâŚ
Circle co-founder and Catena Labs CEO Sean Neville has launched a project that aims to develop a financial institution that natively leverages artificial intelligence. On May 20, Catena Labs, the company building an âAI-native financial institution,â announced that it secured $18 million in a fundinâŚ
Genesis has launched a pair of lawsuits against its parent company, Digital Currency Group (DCG), and its CEO, Barry Silbert, accusing them of fraud, reckless mismanagement and siphoning more than a billion dollars in value from the now-bankrupt crypto lender.On May 19, the Delaware Court of ChancerâŚ
Jamie Dimon, the CEO of JPMorgan, said his bank will soon allow its clients to buy Bitcoin, but it wonât custody the cryptocurrency.âWe are going to allow you to buy it,â Dimon said at JPMorganâs annual investor day on May 19. âWeâre not going to custody it. Weâre going to put it in statements for câŚ
A group of Coinbase users from Illinois have filed a class-action lawsuit against the crypto exchange, alleging that its identity checks violate the stateâs Biometric Information Privacy Act (BIPA).Plaintiffs Scott Bernstein, Gina Greeder and James Lonergan claimed in the May 13 lawsuit filed in a fâŚ
Understanding a Bitcoin liquidation map is imperative in dealing with the inherent volatility of the crypto market. The visual tool showcases probable liquidation levels, indicating where large orders may cause cascading price changes. This post explores how to interpret a Bitcoin liquidation map, aâŚ
Ethereum co-founder Vitalik Buterin unveiled a proposal to preserve trustless, censorship-resistant access to Ethereum, even as the network scales. On May 19, Buterin shared a post outlining how to make Ethereum's layer-1 scaling âmore friendlyâ to users running local nodes for personal use. The EthâŚ
Telegram founder Pavel Durov said he rejected pressure from a European Union (EU) country to censor political content on the social media platform ahead of the May 18 presidential elections in Romania.According to Durov, a Western European government, which he hinted at with a baguette emoji, approaâŚ
Key points:Bitcoin is convincing traders that an upside breakout is around the corner, with all-time highs in sight.One target demands $116,000 next week, moving firmly out of its narrow range.A quick dip before continuing higher is among the options for BTC price action into the new week.Bitcoin âŚ
Today in crypto, retired artist Ed Suman lost over $2 million in crypto after falling victim to a Coinbase impersonation scam, Moodyâs degrades US credit rating, and Bitcoinâs next explosive move could send the asset to $250,000 by the end of 2025, according to analyst Scott Melker.Retired artist loâŚ
Economist and author of The Bitcoin Standard, Saifedean Ammous, has weighed in on the ongoing debate over spam inscriptions on the Bitcoin network, suggesting he would âthrow in a few satsâ to fund a full-time developer focused on making Bitcoin spamming more difficult and expensive.Ammous made the âŚ