Canadian who tried to hide 450 Bitcoin from feds gets more prison time
Crypto app founder Firoz Patel will serve three and a half years in a US prison for hiding 450 Bitcoin after being sentenced for money laundering.
Crypto app founder Firoz Patel will serve three and a half years in a US prison for hiding 450 Bitcoin after being sentenced for money laundering.
Ethereum continues its quest to establish itself as the core computational hub of the internet, leading the way in the smart contract arena. The heightened interest from significant financial institutions, particularly regarding asset tokenization, underscores Ethereum’s growing importance. Several banks have already initiated their own Real World Asset (RWA) tokens on the Ethereum network, paving … Read more
Yesterday’s announcement by Crypto Czar David Sacks of the development of a U.S. sovereign wealth fund, has investors wondering if Bitcoin will be included. Bitcoin likely to play a role in US Tuesday’s announcement by crypto czar David Sacks that a U.S. Sovereign Wealth Fund would be created, has many wondering if Bitcoin will play … Read more
Ripple CEO Brad Garlinghouse supports diversification, believing multiple assets should back reserves. Analyst Willy Woo disagrees, arguing Bitcoin’s decentralized nature makes it a better geopolitical reserve asset. Woo questions whether countries would trust US-controlled XRP, favoring Bitcoin as a neutral alternative. As institutions and governments diversify crypto reserves, certain projects will grow exponentially. Our research … Read more
A bill that would give the Utah treasurer the power to buy BTC and other high-cap crypto assets with public funds is on its way to the Senate.
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It’s one more development reflecting a change in approach from the US Securities and Exchange Commission toward crypto.
Lawmakers are pushing for a clear regulatory framework on blockchain and digital assets, warning that without action, the U.S. risks losing innovation to global competitors. US Lawmakers Introduce Bipartisan Resolution Supporting Blockchain and Digital Assets A bipartisan group of lawmakers has introduced a resolution in the U.S. House of Representatives to support blockchain technology and … Read more
A group of Bank of America customers are joining together to sue the US financial giant. A proposed class action lawsuit alleges BofA promised to hand a trove of reward points to new credit card customers, as long as they spent $3,000 within 90 days. But according to plaintiff Jean-Baptiste Boyer-Gomez, the bank has routinely … Read more
Gods Unchained, a trading card game on Ethereum layer-2 network Immutable zkEVM, announced the launch of a battle pass ahead of its upcoming season and the new Fallen Age expansion coming on February 18. The pass, which comes has one free tier and two paid tiers of premium rewards, will be available for pre-purchase from … Read more