Crypto Influencer T.J. Stone Sentenced to 45 Months for Fraud Thomas John Sfraga, known as T.J. Stone in the crypto community, has been sentenced to 45 months in prison for wire fraud, after defrauding over $2 million from investors through schemes spanning from 2016 to 2022. T.J. Stone sentenced to 45 months for wire fraud. […]
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Senate Fast-Tracks Stablecoin Legislation Despite Opposition From Elizabeth Warren The U.S. Senate Banking Committee has advanced the Guiding and Establishing National Innovation for US Stablecoins Act (GENIUS Act) with a strong 18-6 vote, signaling a major push towards regulating stablecoins and potentially revolutionizing global transactions. Spearheaded by Senator Bill Hagerty, the bill aims to create […]
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David Sacks Dumps $200M in Crypto Before Joining Trump’s Administration David Sacks, the newly appointed AI and crypto czar in the Trump administration, sold over $200 million in cryptocurrency assets before taking his new role. This move, highlighted in a White House memo, stands in direct contrast to other administration members like Donald Trump and […]
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John Khuu Sentenced to Over 7 Years for Bitcoin Money Laundering Scheme in California John Khuu sentenced for crypto money laundering. Pleaded guilty to conspiracy, money laundering, and unlicensed money transfer. Used Bitcoin to sell fake medications and MDMA on dark web. In the shadowy corners of the digital world, a California man named John […]
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RedotPay Secures $40 Million to Propel Crypto Payments Forward RedotPay has raised $40 million in a Series A funding round led by Lightspeed, aiming to accelerate the adoption of crypto payments globally. This significant investment, supported by HSG, Galaxy Ventures, DST Global Partners, Accel, and Vertex Ventures, solidifies RedotPay’s position in the crypto payment space. […]
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Is Now the Best Crypto Investment Opportunity? The crypto landscape is at a pivotal moment, with recent developments suggesting a prime window for investment in digital assets, particularly Bitcoin. From governmental recognition to price fluctuations and institutional interest, the pieces are aligning for potential investors. U.S. Crypto Strategic Reserve Bitcoin price dip and rebound Increasing […]
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Hotel Giant Agrees to $45 Million Payout After Data Breaches Impact Millions MGM Resorts International has agreed to a $45 million settlement to compensate millions of customers affected by two major data breaches in 2019 and 2023. These breaches not only compromised the personal information of approximately 37 million individuals but also caused operational chaos […]
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ZKsync Sunsets Ignite Liquidity Program Amid Bearish Market Amidst a challenging crypto market, ZKsync has decided to sunset its Ignite liquidity incentive program, marking a strategic shift towards sustainability and the development of the Elastic Network. Ignite program cancellation Last rewards distribution on March 17, 2025 Shift towards Elastic Network Slight token price increase ZKsync, […]
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Ethena Surges Ahead: Overtakes PancakeSwap and Jupiter with $3.28M Daily Revenue Ethena, the Ethereum-based decentralized stablecoin protocol, has made a significant impact in the DeFi sector by surpassing the daily revenue of established protocols like PancakeSwap and Jupiter, securing the third position in daily fees with an impressive $3.28 million. While this success is notable, […]
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Russia’s Strategic Pivot: Using Bitcoin, Ethereum, and USDT to Bypass Western Sanctions in Oil Trade Amidst escalating geopolitical tensions, Russia is increasingly using cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and USDT to trade oil with India and China, sidestepping Western sanctions and showcasing the disruptive potential of decentralized finance. Russia uses BTC, ETH, and USDT […]
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