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Informed Crypto News

Informed Crypto News

1,469 episodes — Page 25 of 30

US sanctions Russian money laundering network that used USDT

TGR Group, an alleged Russian money laundering network, has been disrupted by a joint effort from the US, UK and the UAE.

Dec 6, 20242 min

FTX token holders are getting Pudgy Penguins tokens

The new Pudgy Penguins token is going to be distributed to holders of FTX’s FTT token who will receive a share of 308 million tokens.

Dec 6, 20241 min

Why is MicroStrategy nowhere close to its all-time high, unlike bitcoin?

Bitcoin hit an all-time high above $100K on Wednesday, yet MicroStrategy fell 4.8% the following day and closed 28% below its all-time high.

Dec 6, 20244 min

FT Alphaville apologizes to readers after bitcoin hits $100K

With bitcoin above $100,000, FT Alphaville took a moment to half-heartedly apologize for 13 years of consistently negative coverage.

Dec 5, 20242 min

CHART: Bitcoin makes up 52% of $3.9T global crypto market cap

Bitcoin’s price hit an all-time high of $103,000, placing it squarely at the head of a global crypto market worth a colossal $3.88 trillion.

Dec 5, 20241 min

Bitcoin has hit $100,000 and is the world’s 7th largest asset

Bitcoin reached $100,000 and has a market cap of over $2 trillion, putting it ahead of silver, tech giant Meta, and Elon Musk’s Tesla.

Dec 5, 20242 min

Bybit CEO claims Chinese users can bypass restrictions with VPN

Bybit’s CEO noted that Chinese users can use a VPN to access the exchange and noted the company hopes to reapply for a Hong Kong license.

Dec 4, 20242 min

MicroStrategy’s average bitcoin purchase price exceeds $58,000

MicroStrategy’s average bitcoin acquisition price has nearly doubled this year and is currently $58,263 per bitcoin.

Dec 4, 20242 min

Solana dev library web3.js compromised to steal private keys

Solana’s web3.js library briefly contained two versions with malicious code that was able to steal private keys.

Dec 4, 20242 min

US congressman Mike Collins goes from altcoins to memecoins

US congressman Mike Collins invested in a dog-themed memecoin this week and, after posting a photo of Pepe, its price shot up by 116%.

Dec 4, 20241 min

Who is Paul Atkins, Donald Trump’s pick for SEC chairman?

Donald Trump has picked Paul Atkins to succeed Gary Gensler as Chairman of the SEC. If he accepts, he will usher in a pro-crypto term.

Dec 4, 20243 min

South Korea recovers from martial law and XRP, BTC flash crashes

Bitcoin and XRP fell 33% and 56% respectively after South Korea’s President Yoon Suk Yeol declared martial law for the first time since 1979.

Dec 3, 20242 min

Russia sentences Hydra marketplace founder to life in prison

Hydra founder Stanislav Moiseyev was fined 4 million rubles — around $37,000 — and sentenced with 15 other accomplices by a Moscow court.

Dec 3, 20242 min

Animoca Brands hopes to change auditor after warning it must raise money

Metaverse and NFT firm Animoca Brands hopes to change its auditor from DFK Collins to Hall Chadwick midway through audit.

Dec 3, 20243 min

Coinbase receives backlash over ‘lazy’ VPN restriction

Coinbase is facing a wave of social media criticism after users discovered the crypto exchange is restricting accounts using a VPN.

Dec 3, 20242 min

CHART: XRP market cap briefly exceeds BlackRock at $158.5B

According to Stock Analysis, XRP ranks 61st out of 503 stocks in the S&P 500 — outperforming a whopping 88% of them.

Dec 3, 20242 min

XRP craze in South Korea reminds traders of LUNA meltdown

If XRP can’t hold onto its gains, it could provide even more disappointment to South Koreans still stinging from LUNA’s 2022 collapse.

Dec 3, 20245 min

No, Enron isn’t coming back with a new crypto token

A new crypto project that parodies energy company Enron is “recruiting” a nuclear systems engineer as it gears up to launch its first token.

Dec 2, 20242 min

Justin Sun-advised HTX has redeemed 7,300 WBTC it did not disclose

Justin Sun-advised HTX has redeemed thousands of wrapped bitcoin (WBTC), despite having no WBTC included in its proof-of-reserves.

Dec 2, 20242 min

Coinbase to leave Turkey after ending USDC yields in EU

Coinbase has pulled out of Turkey’s crypto market and requested to be liquidated in order to “remain adaptive to regulatory landscapes.”

Dec 2, 20242 min

Michael Saylor gave Microsoft a speed run pitch of bitcoin benefits

MicroStrategy’s CEO sped through 44 bitcoin-shilling slides in three minutes while promising $5 trillion market caps and virtually zero risk.

Dec 2, 20242 min

CHART: How bitcoin and crypto are taxed across the G7

As Donald Trump gears up for a second term, crypto tax rates across the G7 may change. Here’s where they currently stand.

Dec 2, 20242 min

MicroStrategy must perform today for its NASDAQ 100 snapshot

Today is the snapshot date for MicroStrategy to qualify for the NASDAQ 100 (QQQ) index. Next, MSTR must pass an annual committee review.

Nov 29, 20243 min

Justin Sun advised to change his $6M banana every 7-10 days

The fine print of Justin Sun’s $6.2 million banana artwork means he can eat it as many times as he wants, so long as he replaces it.

Nov 29, 20242 min

Craig Wright COPA appeal rejected by UK court as meritless

Craig Wright’s appeal in its case against COPA was “totally without merit” and contained “multiple falsehoods,” a judge ruled.

Nov 29, 20241 min

Putin signs law deeming crypto as property exempt from VAT

Crypto traders in Russia will pay 13% in personal income tax up to 2.4M rubles ($22K) but will enjoy 0% on VAT.

Nov 29, 20241 min

Binance whistleblower lawsuit reveals ‘chaotic’ work environment

A former Binance exec is suing the crypto exchange’s European arm, accusing it of unfair dismissal after calling out an alleged bribery.

Nov 29, 20241 min

What happens if MicroStrategy can’t sell enough bitcoin to repay lenders?

Some people believe MicroStrategy’s bitcoin can’t be liquidated… but there’s no free lunch on Wall Street.

Nov 28, 20247 min

XT exchange suspends withdrawals after reported $1.7 million hack

A statement from XT this morning claims the exchange suffered an “abnormal transfer” of crypto from its platform wallet with the address 0xdb3ded7731c781224ec292e2163d9554c094fd7c.

Nov 28, 20242 min

MicroStrategy funds resort to risky strategies amid MSTR, bitcoin dip

Although bitcoin and MicroStrategy (MSTR) are both up on the day, Michael Saylor’s firm is still roughly 30% below last week’s all-time high.

Nov 27, 20244 min

Craig Wright ordered back to UK for COPA contempt of court hearing

The Australian entrepreneur failed to argue that his autism and plans for Christmas should prevent him from appearing in person.

Nov 27, 20242 min

DeSci game Pump Science exploited after making private key public

The Pump Science wallet was hijacked when developers left its private key in the codebase amid issues with its free token creation feature.

Nov 27, 20242 min

Hacked X and Insta accounts used for Pump Fun rug pulls

In recent months, a total of $3.5 million worth of SOL has been raised by Pump Fun memecoins promoted via hacked X and Instagram accounts.

Nov 27, 20243 min

Is Michael Saylor the Do Kwon of this bitcoin cycle?

MicroStrategy and Michael Saylor’s rise to prominence has drawn comparisons to Do Kwon’s bitcoin-buying ambitions from 2022.

Nov 27, 20246 min

Cash App founder Bob Lee’s murder trial nears end — is Nima Momeni guilty?

After closing arguments are made on December 2, a jury will decide if tech consultant Nima Momeni killed Bob Lee — or if it was self-defense.

Nov 26, 202414 min

Has Mango DAO ‘died’ while violating its SEC settlement?

The Mango DAO reportedly ‘died’ after John Kramer and Max Schneider gained significant voting control last week.

Nov 26, 20242 min

MicroStrategy bulls think Michael Saylor can pump it to 10X its BTC

Irresponsibly Long MSTR members think that Michael Saylor will discover “genius ways” to financialize MicroStrategy’s bitcoin holdings.

Nov 26, 20243 min

Justin Sun buys more of Trump’s WLFI than it planned to sell

Justin Sun has purchased $30m worth of WLFI, the Trump-endorsed cryptocurrency project, more than the project said it intended to sell.

Nov 25, 20242 min

Michael Saylor buys 55,500 more BTC, average price nears $57,000

In the 1980s, a single family manipulated the price of silver. Critics think that situation is similar to MicroStrategy and bitcoin.

Nov 25, 20243 min

Justin Sun’s HTX redeems $500M in WBTC it wasn’t supposed to have

Justin Sun-advised HTX recently redeemed approximately $500 million worth of WBTC, despite having no WBTC on its proof-of-reserves.

Nov 25, 20244 min

Pump Fun livestreams spark backlash from disgusted traders

Controversial Pump Fun content, including gunplay and animal beheadings, has led many users to call for the end of its livestream feature.

Nov 25, 20244 min

Shock! Two thirds of memecoins now ‘worthless’ says new research

New research corroborates earlier findings that the vast majority of memecoins crash after their initial promotion and never recover.

Nov 25, 20241 min

Polymarket bans French users but still can’t stop VPNs

A reporter used a VPN to bypass Polymarket’s French ban that was put in place after one gambler made $85M betting on the US election.

Nov 25, 20242 min

MicroStrategy down 16% after short-seller’s report

Andrew Left tweeted negatively about MicroStrategy 13 minutes into Thursday’s trading session. Within 90 minutes, the stock had declined 16%.

Nov 22, 20243 min

World Network wants $100 deposit from users to work its orbs

World Network — previously Worldcoin — is offering anybody willing to pay $100 the chance to operate one of its eye-scanning orbs.

Nov 22, 20242 min

The math behind MicroStrategy’s bitcoin bet

Bitcoin and MicroStrategy are both rallying with win-win math for bondholders and shareholders. Of course, the party can’t last forever.

Nov 21, 20245 min

TUSD up to 99.7% backed by speculative assets despite SEC settlement

Dollar-pegged stablecoin TUSD may still be up to 99.7% backed by speculative assets, despite an SEC settlement that alleged this behavior.

Nov 21, 20242 min

Bitcoin bet made on ‘pussy terms’ is about to make both parties bank

Peter McCormack looks set to pocket $20,000 thanks to a bitcoin bet made on “pussy terms” with Simplify Asset Management’s Michael Green.

Nov 21, 20241 min

‘Solana killer’ Sui does Solana things — goes offline for 2 hours

The Sui blockchain, supposedly a viable rival to Solana, was down for over two hours today, causing its native SUI token to drop 5.6%.

Nov 21, 20241 min

Nayib Bukele tweet pumps Chill Guy memecoin amid creator’s legal threats

A Thursday evening tweet of the Chill Guy meme by El Salvador’s President Nayib Bukele pumped the price of a Solana memecoin by 65% in 90 minutes.

Nov 21, 20242 min