Chinese Businessman Miles Guo Accused of $500M Crypto Fraud by SEC
The SEC Accuses Miles Guo of Fraud • The Securities and Exchange Commission (SEC) has charged exiled Chinese business tycoon Miles Guo with fraud related to crypto and other assets.…
Bitcoin Slumps Toward $20K, Options Market Most Bearish on 2021
• Bitcoin options have turned their most pessimistic on the cryptocurrency's near-term price outlook this year. • 25% delta skew of Bitcoin options expiring 7 days from now fallen to…
Michael Saylor’s Tax Evasion Charges Rejected, But Fight Not Over
• Michael Saylor, former CEO of MicroStrategy, has had his appeal against tax evasion charges rejected by a judge. • Whistle-blowers alleged that Saylor was avoiding city income taxes in…
Chainlink Price Predictions: Is it Too Late to Buy LINK?
• The Chainlink price has seen strong gains in the past 30 days, up by 43% since the start of the year. • Analysts are now predicting that LINK will…
Crypto Prices Soar: BTC & ETH Rally 5%, What’s Ahead for the Weekend?
• The prices of Bitcoin (BTC) and Ethereum (ETH) have seen a significant increase, recovering nearly 5% of their value. • This price movement has been welcomed by cryptocurrency investors…
Paxos Under Fire: NY Regulator Investigates Stablecoin Issuer BUSD
Paxos Under Investigation Paxos, issuer of Binance USD (BUSD) and Paxos stablecoin USDP, is reportedly under investigation by the New York Department of Financial Services (NYDFS). The company recently applied…
Bitcoin Trading Volume Hits $40B: Where’s BTC Heading Next?
• Bitcoin trading volume has surged to $40 billion, a significant increase from the previous record set in May. • Blockchain.com recently announced it would be cutting its staff due…
Novogratz Shows Support for Binance, Urges Crypto Industry to ‘Cheer for CZ’
• Michael Novogratz, the founder of Galaxy Digital Holdings, expressed his support for the major crypto exchange Binance, noting the importance of its retail following. • The US Department of…
Bitcoin Hash Rate Hits New Record High: 300 EH/s
• Bitcoin's hash rate hit a new record high of 300 EH/s earlier this week. • This is viewed as a sign of network adoption and that the network is…
NFT Creator Loses $1.1M in Phishing Attack: How It Happened
• Moonbirds NFT creator Kevin Rose loses $1.1 million worth of tokens in a phishing attack. • Arran Schlosberg, the vice president of Proof Collective, provides a breakdown of how…