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Former Celsius CEO Alex Mashinsky has agreed not to claim any assets from the Celsius bankruptcy proceeds.In a motion filed on Monday, the United States Bankruptcy Court for the Southern District of New York stated that an agreement has been reached between Celsius debtors and Alex Mashinsky, AM Ven…
Blockchain project Tron, led by crypto entrepreneur and billionaire Justin Sun, is set to go public in the US via a reverse merger with Nasdaq-listed SRM Entertainment, facilitated by Dominari Securities, the Financial Times reported Monday.The newly formed entity, dubbed Tron Inc., is expected to i…
Online retail and cloud computing giant Amazon plans to invest more than $13 billion in Australia’s artificial intelligence and cloud infrastructure, the company announced on Saturday.Amazon plans to invest 20 billion Australian dollars ($13.4 billion) by 2029 to expand Australia’s AI and cloud capa…
Top Stories of The WeekAnthony Pompliano to lead new Bitcoin-buying group raising $750M: FTCryptocurrency entrepreneur Anthony Pompliano is reportedly in talks to launch a new Bitcoin-buying vehicle that will seek to raise $750 million.Pompliano is expected to become CEO of ProCapBTC, a special purp…
Top Stories of The WeekAnthony Pompliano to lead new Bitcoin-buying group raising $750M: FTCryptocurrency entrepreneur Anthony Pompliano is reportedly in talks to launch a new Bitcoin-buying vehicle that will seek to raise $750 million.Pompliano is expected to become CEO of ProCapBTC, a special purp…
Centralized Bitcoin treasuries now hold 30.9% of the total circulating supply, according to a new report by Gemini. This concentration, which spans across 216 entities that include governments, exchange-traded funds (ETFs), public and private companies, centralized exchanges, and DeFi contracts, ult…
By Nate WolfLike it or not, we have entered the crypto era — or at least a crypto era.Bitcoin is lingering just below its $111,891 record high, having jumped nearly 60% over the last 12 months. In the stock market, stablecoin issuer Circle Internet Group is off to a blazing start after its early Jun…
The alleged operators of My Big Coin have been ordered to pay around $25.8 million in fines to the Commodity Futures Trading Commission for their roles in the crypto scheme.The CFTC said on Wednesday that a Massachusetts federal court judge entered a default judgment ordering My Big Coin Pay, Inc., …
Anthony Pompliano, a crypto influencer and investor, is expected to lead a publicly traded company seeking to raise $750 million for Bitcoin purchases, the Financial Times reported late Thursday, citing three sources close to the deal.Pompliano was in talks to serve as chief executive of a group cal…
Hong Kong Customs and Excise Department is partnering with the University of Hong Kong to develop a digital tool to track cryptocurrency transactions in suspected money laundering schemes.On Thursday, Assistant Commissioner Mario Wong Ho-yin said customs officials would expand collaboration with aca…
By Craig MellowThe U.S. is rushing to embrace crypto finance, with bipartisan support for enabling legislation known as the Clarity Act and the Genius Act, and President Donald Trump sponsoring his own memecoin. Singapore, an early and successful adopter of crypto among global financial centers, is …
Hong Kong Customs and Excise Department is partnering with the University of Hong Kong to develop a digital tool to track cryptocurrency transactions used in suspected money laundering schemes.On June 12, Assistant Commissioner Mario Wong Ho-yin said customs officials would expand collaboration with…