At least 32 individuals connected to the now-defunct Taiwan-based cryptocurrency exchange, ACE Exchange, have been indicted on fraud charges. Prosecutors have recommended 20-year jail terms for the founder, David Pan, and his business partner, while a …
First Bitcoin ETF to launch in Australia in 2024: Bloomberg
Australia moves to approve its first spot bitcoin ETFs this year, joining the US and Hong Kong in offering regulated Bitcoin funds. Approval could unlock billions in institutional investment.
Yuga Labs Resumes Layoffs; CEO Says Web3 Platform ‘Lost Its Way’
According to Greg Solano, co-founder of Yuga Labs, the Web3 platform has laid off additional workers partly because it had “lost its way.” Solano also encouraged employees uninterested in the next phase to consider accepting the same severa…
Latam Insights: Venezuela to Leverage USDT for Sidestepping Sanctions, Chivo Wallet Disregards Hacking Allegations
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Venezuelan oil company PDVSA could use USDT to sidestep U.S. sanctions, Chivo Wallet denies hacking allegation…
Veteran Trader Peter Brandt Suggests BTC May Have Topped, Predicts a Decline to Mid-$30K
According to veteran pro trader Peter Brandt, bitcoin may have peaked when it achieved a new all-time high of $73,835. However, there is a possibility that it could now decline to the mid-$30s or even lower, Brandt said. Interestingly, Brandt suggests …
Report: Armed Robbery Suspect Shot Dead After Shooting 3 Police Officers
An armed robbery suspect in Kenner, Louisiana, was shot dead Sunday after he shot and wounded three police officers Sunday morning before noon.
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Does Money Transmitting Require Control? DOJ Says No in Tornado Cash Litigation
Since the Department of Justice (DOJ) filed its legal opposition to the pretrial motions of Tornado Cash developers Roman Storm and Roman Semenov, there has been a buzz within the cryptocurrency community regarding specific aspects of the court filing….
WATCH: NASCAR Driver Ryan Sieg Leaps Out of Burning Car in Scary Scene
NASCAR Xfinity Series driver Ryan Sieg had to perform an emergency evacuation of his flaming vehicle during a very scary moment at Dover International Speedway on Saturday.
The post WATCH: NASCAR Driver Ryan Sieg Leaps Out of Burning Car in Scary Scene…
Bills Draft Pick Keon Coleman Dishes Out Hilarious and Unexpected Advice During First Press Conference
If you watched Bills draft pick Keon Coleman’s introductory press conference expecting to hear football talk, you got a lot more than that.
The post Bills Draft Pick Keon Coleman Dishes Out Hilarious and Unexpected Advice During First Press Conference …
Zelensky Reveals U.S. and Ukraine ‘Working’ on Scheme for 10 Years of Military Aid
Ukrainian President Volodymyr Zelensky revealed that the United States and Ukrainian governments are “working on a bilateral security agreement” that would result in sending additional monetary aid to Ukraine over the next ten years.
The post Zelensky …