UK Landfill Holding $768M Bitcoin Hard Drive Set to Close
A landfill site in Newport, Wales, that allegedly holds a hard drive containing 8,000 Bitcoin is set to shut down, according to reports. The site, located east of Cardiff, is expected to…
Florida Senator Proposes Bitcoin Investment for State Funds
Florida Senator Joe Gruters has introduced a bill advocating for the state to invest part of its funds in Bitcoin and other digital assets. He believes such investments could help counteract inflation,…
Canadian Crypto App Founder Caught Hiding 450 Bitcoin
Firoz Patel, the founder of the crypto payments platform Payza, has been sentenced to an additional three and a half years in a U.S. prison after attempting to conceal 450 Bitcoin from…
Law Firms Demand Pump.fun Remove Over 200 Infringing Memecoins
Two U.S. law firms, Burwick Law and Wolf Popper, have issued a cease and desist letter to Solana-based memecoin platform Pump.fun, demanding the immediate removal of over 200 tokens that allegedly misuse…
Robinhood Pauses Super Bowl Betting After CFTC Intervention
Robinhood Derivatives has suspended its newly launched Super Bowl betting feature just a day after its debut, following a request from the Commodities and Futures Trading Commission (CFTC). The product, which launched…
Canadian Charged in $65M Crypto Hacks Targeting KyberSwap
The U.S. Department of Justice (DOJ) has charged Canadian national Andean Medjedovic with exploiting two major decentralized finance (DeFi) protocols, KyberSwap and Indexed Finance, in schemes that allegedly netted him around $65…
Law Firms Suing Pump.fun Linked to $23M DOGSHIT2 Memecoin
A memecoin called Dog Shit Going NoWhere (DOGSHIT2) is drawing attention after reports suggested it may be connected to the law firms suing Solana memecoin creator Pump.fun. At its peak, DOGSHIT2 reached…
Judge Questions of Returning Bitfinex Hack Funds
A federal judge has raised concerns over the US government’s request to return cryptocurrency seized from the 2016 Bitfinex hack to the exchange, suggesting that doing so could be “improper.” Judge Seeks…
China Sentences BKEX Employees for Illegal Crypto Gambling
A Chinese court has ruled that cryptocurrency exchange BKEX engaged in illegal gambling through its contract trading platform. Several employees and agents have been sentenced to prison for their roles in facilitating…
Tesla Reports $600M Bitcoin Gain in Q4 Under New Accounting Rule
Tesla has recorded a significant boost in its Bitcoin holdings, reporting a $600 million gain in the fourth quarter of 2024. This increase is attributed to a new accounting rule that allows…
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