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    Woman Sentenced to 8 Years in Prison After Failed Bitcoin Murder-for-Hire Plot

    by skolnes September 21, 2024
    September 21, 2024

    A woman has been sentenced to over eight years in prison after her murder-for-hire plot using bitcoin fell apart. Melody Sasser attempted to use the dark web to hire a …

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  • Bitcoin News

    ‘Microsoft of Blockchains:’ Bitwise Doubles Down on Ethereum’s Fundamentals

    by skolnes September 21, 2024
    September 21, 2024

    Bitwise, a crypto index fund and ETF provider, believes that ethereum has the fundamentals needed to recover from its bad price performance compared to currencies like bitcoin. Bitwise CIO Matt …

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  • Bitcoin News

    Court Orders New York Man to Pay $36M for Forex, Digital Asset Fraud

    by skolnes September 21, 2024
    September 21, 2024

    William Koo Ichioka has been ordered to pay over $36 million after admitting to a forex and digital asset fraud scheme. His scam, which started in 2018, involved falsifying financial …

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  • Bitcoin News

    US Sentences Nigerian Darknet Fraud Leader to Five Years in Prison for $6M Scheme

    by skolnes September 21, 2024
    September 21, 2024

    A Nigerian national has been sentenced to five years in federal prison for his role in a massive darknet fraud scheme that intended to cause over $6 million in losses, …

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  • Bitcoin News

    FATF Urges India to Strengthen Virtual Asset Regulation

    by skolnes September 21, 2024
    September 21, 2024

    India has achieved a high level of technical compliance with Financial Action Task Force (FATF) standards, addressing illicit finance, money laundering, and terrorist financing. In a joint assessment with regional …

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  • Bitcoin News

    JPMorgan Forecasts Potential 50bps Rate Cut in November Following Recent Fed Move

    by skolnes September 21, 2024
    September 21, 2024

    JPMorgan Chase sees the possibility of the Federal Reserve making another significant rate cut in November, possibly by 50 basis points. The bank, which predicted this week’s half-point cut, believes …

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  • Bitcoin News

    US Company Settles Salvadoran Coffee Purchase With Bitcoin

    by skolnes September 20, 2024
    September 20, 2024

    According to information from the Salvadoran Ministry of Foreign Affairs, Compass Coffee, a U.S.-based coffee company, has completed an international purchase of Salvadoran coffee using bitcoin. Jorge Cruz, the Salvadoran …

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  • Bitcoin News

    Blackrock’s Ishares Bitcoin Options Get the SEC Green Light

    by skolnes September 20, 2024
    September 20, 2024

    The U.S. Securities and Exchange Commission (SEC) has granted approval for the listing and trading of options on the Ishares Bitcoin Trust (IBIT), a product by Blackrock. This decision introduces …

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  • Bitcoin News

    Gold’s Bull Rally Continues as Interest Rates Get Deep Cuts

    by skolnes September 20, 2024
    September 20, 2024

    The gold bull rally continued this Wednesday, as prices in COMEX reached all-time highs, surpassing $2,625 per ounce. Prices slingshotted up after the Federal Reserve announced larger interest rate cuts …

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  • Bitcoin News

    Securitize Selects Wormhole as Official Blockchain Interoperability Provider

    by skolnes September 20, 2024
    September 20, 2024

    Real-world-asset (RWA) tokenization infrastructure provider Securitize has chosen Wormhole as its official interoperability provider to facilitate cross-chain transfers for all tokenized assets on its platform. The partnership aims to enhance …

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