Safemoon’s explosive rise was fueled by a massive fraud scheme, as its CEO was convicted for looting investor funds, lying about locked liquidity, and laundering millions. Safemoon CEO Faces 45 Years as Liquidity Pool Lies Lead to Federal Conviction The U.S. Department of Justice (DOJ) announced on May 21 that Braden John Karony, chief executive … Read more
On May 22, 2010, programmer Laszlo Hanyecz made the first real-world Bitcoin transaction by purchasing two pizzas for 10,000 BTC, which was worth approximately $41 at the time On May 22, 2010, programmer Laszlo Hanyecz made the first real-world Bitcoin transaction by purchasing two pizzas for 10,000 BTC, which was worth approximately $41 at the … Read more
In brief Braden Karony, CEO of SafeMoon, was convicted in a U.S. federal court of conspiracy to commit securities fraud, wire fraud, and money laundering. Prosecutors said Karony misled investors about access to the token’s liquidity pool and used millions in diverted funds for real estate and luxury cars. The SafeMoon token once reached a … Read more
Top 20 Crypto to Buy in May 2025Texas is making headlines again, and this time it’s not about energy or barbecue. The state’s lawmakers have voted to create a strategic Bitcoin reserve, setting the stage for Texas to become the first in the U.S. to officially hold Bitcoin as part of its financial strategy. The … Read more
Strive Asset Management, the investment firm co-founded by former U.S. presidential candidate Vivek Ramaswamy, is going after a massive Bitcoin stash, not by mining or buying it outright, but by picking up claims from one of crypto’s most infamous disasters: Mt. Gox. If all goes according to plan, Strive could walk away with access to … Read more
Despite Elon Musk stepping away from DOGE to focus on Tesla, speculation remains rife that the Dogecoin meme coin can still find its place within the US government. With Musk already adopting Dogecoin at Tesla and labelling himself the “Doge Father,” his close ties with President Trump make this likely to happen. If this meme … Read more
Bitcoin has topped $110,000 for the first time in a recent rally that has seen it gain 3% over the past day to break through past price highs from earlier this year. Bitcoin (BTC) hit a new all-time high of $110,788.98 on Coinbase late on May 21, just before 11:30 pm UTC, according to TradingView. … Read more
Hong Kong just turbocharged its digital finance ambitions, locking in a game-changing stablecoin law that mandates licenses, enforces full compliance, and ignites the city’s crypto leadership. Hong Kong Enacts Licensing Law for Stablecoin Issuers, Ushering in New Era for Crypto Assets The Hong Kong Monetary Authority (HKMA) announced on May 21 that the Legislative Council … Read more
Crypto hedge fund Temple Capital has expanded its senior management team with hires from Hilbert Capital, BlueCrest and Brevan Howard, the company said in a press release Wednesday. Guy Griffiths has joined as chief financial officer, the company said. He was previously employed by macro hedge fund Brevan Howard in London for 19 years. Richard … Read more
Bitcoin Despite Bitcoin’s strong performance and recent all-time highs, investors aren’t taking profits, according to new analysis from market commentator Alphractal. Both short-term and long-term holders are showing unusual conviction, holding through gains in a pattern that mirrors behavior seen after July 2021—just before BTC topped out near $69,000. “This suggests there is still no … Read more