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Eric Council Jr. pleaded guilty to his part in the hack of the U.S. Securities and Exchange Commission's social media account that posted a fake announcement about spot bitcoin exchange-traded funds being approved. Council, through his lawyer, pleaded guilty to prosecutors' charge of conspiracy to c…
The official X account of the President of the Central African Republic announced that the country has launched a memecoin as part of an experiment to see whether it can benefit national development.“Today, we are launching $CAR — an experiment designed to show how something as simple as a meme can …
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.It's Friday! Bitcoin rose slightly this morning after U.S. jobs numbers came in lower than expected, but the foremost cryptocurrency is not out of the woods just yet, as its range-bound pri…
U.S. investment manager VanEck forecasted that Solana's price could reach $520 by the end of 2025. “Using an autoregressive (AR) forecast model, we estimate Solana’s market cap will reach ~$250B, implying a SOL price of $520 based on ~486M floating tokens,” VanEck said in a Thursday post on the soci…
The U.S. Securities and Exchange Commission asked the public to comment on a proposal for converting Grayscale's Litecoin trust into an exchange-traded product.In a filing on Thursday acknowledging NYSE Arca's filing, on behalf of Grayscale, the SEC asked for those comments to be filed 21 days after…
The U.S. Securities and Exchange Commission is weighing a proposal to change BlackRock's spot Bitcoin exchange-traded fund to allow in-kind redemptions.In a filing posted on Thursday acknowledging the proposal, the SEC asked for comments to be sent in 21 days after its filing is published in the Fed…
U.S. consumer watchdog Public Citizen lodged a complaint with the Department of Justice and Office of Government Ethics on Wednesday, urging it to investigate whether Donald Trump had violated federal law barring the President from soliciting gifts in connection with his official memecoin.Additional…
The business intelligence firm and corporate bitcoin holder now known as Strategy reported fourth-quarter financial results Wednesday afternoon, highlighted by a near doubling of its already sizable bitcoin holding in only three months.Operating expenses for the quarter reached $1.103 billion, a 693…
Solana-based DEX aggregator Jupiter’s account on social media platform X appeared hacked on Wednesday, apparently promoting fake meme cryptocurrencies.“The main Jupiter Exchange account has been compromised,” Jupiter Mobile’s X handle wrote in a post, warning social media users not to click links. “…
Hong Kong-based OSL Group has completed its acquisition of Japanese crypto exchange CoinBest and today announced the official renaming of CoinBest to OSL Japan, as the company eyes global expansion.OSL’s CEO told The Block in an interview that while Japan is a traditionally difficult market to break…
The business intelligence firm and corporate bitcoin holder now known as Strategy reported fourth-quarter financial results Wednesday afternoon, highlighted by a near doubling of its already sizable bitcoin holding in only three months.Operating expenses for the quarter reached $1.103 billion, a 693…
Tiger 21 founder and Chairman Michael Sonnenfeldt said the network of high-net-worth investors holds about $6 billion in digital currencies."We have about 1% to 3% of $200 billion in assets, so about $6 billion in assets, in digital currencies," he said in an interview with CNBC on Wednesday. "The a…