Mashinsky was charged with misleading investors and customers about Celsius operations. Restructuring of Celsius protocol under a creditor-owned Bitcoin mining has been ongoing. Alex Mashinsky, the founder and former CEO of defund lending protocol Celsius (CEL), was sentenced to a 12-year prison term on Thursday, May 8. The United States District Judge John G. Koeltl … Read more
Blake Griffin is predicting the Boston Celtics will come back and defeat the New York Knicks in … More their semifinals series. (Photo by Brian Fluharty/Getty Images) Getty Images Blake Griffin still believes the Boston Celtics will pull it off. The former six-time All-Star played his final season with the Celtics and is familiar with … Read more
Governments are racing to lock in bitcoin reserves—investors now have a narrowing window before sovereign accumulation reshapes the entire crypto landscape. Bitcoin Reserve Momentum Surges as CZ Warns of Disappearing First-Mover Advantage Binance founder and former CEO Changpeng Zhao (CZ) has warned that the window for investors to buy bitcoin before government entities do is … Read more
Cryptocurrencies are witnessing a resurgence, with Bitcoin and Ethereum exhibiting notable growth. Currently trading at $101,200, Bitcoin has gradually rebounded to six figures after months of decline. This rise, while significant, leaves room for further advancements, especially following Ethereum’s double-digit percentage growth that could influence wider market trends. What Is Fueling the Crypto Rally?How Is … Read more
Homepage > News > Business > China’s Beijing unveils 2-year DLT development action plan After embedding blockchain in its digitization plan, China’s capital city of Beijing is keen on increasing the size of its Web3 investment with a new action plan. According to a local report, Beijing is eyeing a two-year plan to trigger an … Read more
President Donald Trump’s newly announced national crypto reserve made headlines fast, and not just because it included big-name tokens like Solana and Cardano. The real chatter started when XRP showed up on the list, kicking off a swirl of speculation about how it got there and whether lobbying had anything to do with it. Insiders … Read more
In brief The company will issue six additional shares per existing share, effective May 20. Its stock has surged from under $4 to over $70 in one month amid a crypto pivot. The firm holds $58 million in SOL and recently acquired a validator business. DeFi Development Corp., a publicly traded real estate software firm … Read more
A crypto-skeptical commissioner at the US Securities and Exchange Commission has blasted her agency over its settlement letter that could finally end the Ripple legal saga. The SEC and Ripple filed a joint settlement letter in a New York court asking for the August 2024 injunction against Ripple to be dissolved and $75 million of … Read more
Well, that didn’t take long. For the first time in months, Bitcoin hits $100K, and the global crypto market just pushed past the $3 trillion mark again, thanks in part to a big splash on the geopolitical stage. A newly announced trade deal between the United States and the United Kingdom gave traders across both … Read more
Topline Robert Francis Prevost, who was selected as the Catholic Church’s first American pope Thursday and took the name Leo XIV, has a family history that some were celebrating as uniquely diverse, with one genealogist claiming he has ties to “free people of color” in New Orleans. Cardinal Robert Prevost, newly elected as Pope Leo … Read more