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The Latest Breaking News from Crypto

Dismissed: Elon Musk Wins Lawsuit Over $DOGE 'Pump And Dump' Scheme

The lawsuit alleging that Elon Musk and Tesla defrauded investors by pumping Dogecoin has been dismissed – the two-year-old lawsuit accused the tech titan of manipulating DOGE prices.

International Business Times

Crypto Scammers Adopting New Tactics, Including 'Regeneration': Chainalysis

Crypto scammers are continuously evolving their means of stealing the funds of crypto users, and new trends are emerging, including the regeneration of operations, as well as the pivot toward more targeted frauds.

International Business Times

Exclusive: Coinbase and Square vets aim to level up stablecoins with Bridge and $58 million in funding

The "Stripe of crypto" has backing from top VC firms including Sequoia, Ribbit, and Haun Ventures.

Fortune

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Paraguay's Abundant Hydropower Draws Crypto Miners, Legal And Not

In the Paraguayan city of Hernandarias, a data center with row upon row of supercomputers stands as a testament to a burgeoning crypto mining sector fueled by the South American country's abundance of green electricity.

International Business Times

Republicans Have High Chances Of Flipping Senate: Polymarket Traders

Polymarket traders have pushed Republicans' chances of flipping the Senate in the 2024 elections, but they also spiked Democrats' odds of controlling the House.

International Business Times

'Uncharted Territory': Mixed Reactions After OpenSea CEO Reveals SEC Wells Notice

OpenSea's Devin Finzer said the NFT marketplace received a Wells notice from the SEC, and while many are defending the platform, others said OpenSea brought it upon itself.

International Business Times

South Korean Crypto Executive Stabbed During $800M Fraud Trial

Haru Invest's CEO was stabbed by his attacker in the neck while he was attending a trial for fraud charges over the crypto company's sudden suspension of customer withdrawals in mid-2023.

International Business Times

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PolitiFi Token Bull Run? Republican, Democratic Memecoins Spike As Campaigns Heat Up

Most PolitiFi memecoins have been surging over the past week, and they have held the green line in the last 24 hours, highlighting how such crypto tokens move around news related to the candidates they are based on.

International Business Times

The Evolution of Bitcoin and Its Impact on the Global Financial System

Bitcoin, the first and most well-known cryptocurrency, has revolutionized the global financial landscape since its creation in 2009 by the pseudonymous developer, Satoshi Nakamoto. Initially regarded as a niche technology for tech enthusiasts and ...

USA Today Sports Media Group

Russia Crypto Bull Run? Putin Turns to Bitcoin to Solve Cross-Border Payments

Is there about to be a Russia crypto bull run? Is Putin on the verge of a financial transformation? Russia plans to test the waters with crypto exchanges

International Business Times

Warren 'Planted' Speculation About SEC's Gensler As Treasury Secretary: Blockchain Industry Leader

There is renewed talk about Gary Gensler possibly being considered as Treasury Secretary under a Harris administration, but the latest speculation is that Sen. Elizabeth Warren herself planted the rumor.

International Business Times

Did Binance Seize 'All' Palestinian Assets Upon Israeli Army's Request?

Binance has been accused of freezing the crypto assets of "all" Palestinians – the crypto exchange said there was some "incorrect" information regarding reports about the matter.

International Business Times

Pavel Durov proved he could make it without VCs—but it may be a footnote in a cautionary tale

The TON crypto tokens intertwined with the messaging app were part of a fascinating subplot in the Telegram tale. With Durov's arrest, that story is now mired in uncertainty.

Fortune

Arrest of Telegram CEO raises concerns over app's leadership, investor cites 'dictatorship'

The social media platform is facing its biggest crisis yet after French authorities arrested Pavel Durov.

Fortune

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International Business Times

Crypto Bloodbath 2.0? Bitcoin, Other Top Coins Plunge, Triggering Over $320M In Liquidations

Crypto prices are down once more, with Bitcoin losing around $4,000 and Ethereum leading Tuesday's liquidations topping $320 million – the market already suffered a wild crash earlier this month, plunging alongside global financial markets.

International Business Times

Trump Takes Pennsylvania, Now Leads In 4 Swing States: Polymarket 2024 Election Forecast

Donald Trump is now leading VP Kamala Harris in four swing states on Polymarket, and the latest addition is a critical state that has been home of defeat and victory for both the Republican and Democratic parties.

Fortune

Crypto will have the same effect on capitalism as the invention of stock markets. The only question is when

The widespread adoption of digital assets could occur within the next half-decade, writes Unicorns Inc. CEO Silvina Moschini.

International Business Times

Crypto Millionaires Surge 95% As Bitcoin ETFs Fuel Explosive Wealth Growth

This surge in wealth is largely attributed to the introduction of Bitcoin exchange-traded funds (ETFs), which have drawn in over $50 billion in assets since January 2024.

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Fortune

Exclusive: Microsoft-backed Space and Time raises $20 million to merge AI and blockchain

The funding round was led by four crypto-focused firms, including Framework Ventures, Arrington Capital, and Lightspeed Faction.

International Business Times

A Tax On Unrealized Gains Could Undermine US Crypto Market: TRES CEO

Reports have emerged in recent days regarding Democratic presidential nominee Kamala Harris supposedly endorsing a tax on unsold assets, and the crypto community has already started pushing back on such a plan amid fears that the tax could have a negative impact on the broader crypto space.

International Business Times

'Make Finance Great Again': Trumps Rebrand DeFi Project Into 'World Liberty Financial'

Trump's two sons, who are working on a DeFi project, have renamed their venture from "The DeFiant Ones" to "World Liberty Financial," and while details about what the platform will do remain scant, the community waiting for its release is steadily growing.

International Business Times

TD Cowen To Crypto: Set Realistic Expectations On Legislation Delivery

Investment bank TD Cowen is getting crypto's expectations on the right track regarding the passage of bills for the industry – massive donations won't necessarily mean crypto bills will be passed anytime soon.

International Business Times

Most Telegram App Coins In Red After TON Co-Founder Durov's Arrest

Pavel Durov's arrest has affected $TON prices, and it turns out even some top coins on Telegram apps have been hit hard by news of the Telegram CEO's detainment in France.

International Business Times

Trump Leads Harris In 3 Swing States On Polymarket After RFK Jr. Pullout

Following Robert F. Kennedy Jr.'s suspension of his presidential bid, Donald Trump has taken a strong lead over Vice President Kamala Harris in three key states — at least among Polymarket traders — while in one battleground state, the rivals are tied.

International Business Times

Bitcoin Weekend Recap: $BTC Targets $65K Amid Positive ETF Flows, Fed Chief's Statement

Bitcoin was climbing toward $65,000 during the weekend even as some bad news hit the crypto community – specifically, the digital coin added around $4,000 in two days.

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