Dec 20 2024
Arthur Hayes, the co-founder and former CEO of crypto exchange BitMEX, says the crypto market may face a significant downtrend around January 20th. The same day Trump will be inaugurated as the 47th United States President. Hayes says the president-elect cannot quickly make policy modifications upon inauguration as crypto investors will not be able to …
Apr 03 2024
The U.S. blacklisted 10 members of his government and their spouses under the the Global Magnitsky Program for corrupt practices. The new measures replace an older set of sanctions against the Southern African state, which the Biden administration felt were too harmful to the Zimbabwe economy. “The United States remains deeply concerned about democratic backsliding, …
Mar 15 2024
The BlackRock iShares Bitcoin Trust (IBIT) has emerged as a leading exchange-traded fund (ETF) in 2024. The ETF has surpassed the performance of numerous well-established funds after achieving over $3.19 billion in flows. Despite a delayed start on NASDAQ due to awaiting SEC approval, the BlackRock ETF is now in the top 0.16% of the …
Mar 15 2024
Alberto Pimentel Mata was Guatemala’s Minister of Energy and Mining from January 2020 until his resignation in July 2023. U.S. authorities say he engaged in numerous corruption schemes and accepted large bribes on a monthly basis during his tenure. “The United States remains committed to holding accountable those who abuse their positions in pursuit of …
Feb 24 2024
LockBit operated on a “ransomware-as-a-service’ model, providing a platform for a global network of hackers to launch attacks. Law enforcement agencies infiltrated LockBit’s primary platform and critical infrastructure, including 34 servers located in multiple countries such as the Netherlands, Germany, Finland, France, Switzerland, Australia, the United States, and the United Kingdom. The international crackdown was …
Feb 17 2024
Mauricio Bravo Escalante, a.k.a. Caballo, was arrested in a joint operation in Cali, Valle del Cauca. The man is believed to have also coordinated the distribution of the fake money within Colombia, Ecuador, and the United States. Five members suspected of belonging to Caballo’s criminal group were arrested in October. Three of them were Ecuadorian …
Feb 14 2024
Bitcoin’s price is poised for an upcoming rally this year, said the CEO of CryptoQuant – Ki Young Ju. The best scenario can take the asset to above $100,000 for the first time ever, he said. To do so, though, certain developments have to transpire, which are mostly related to the recently approved spot Bitcoin …
Jan 26 2024
Cryptocurrency lending platform Nexo is seeking damages worth $3 billion from the Bulgarian government. According to Nexo, the investigations allegedly cost the company a major soccer sponsorship deal and a stock market listing in the United States. Nexo and its subsidiaries filed an arbitration claim with the International Center for Settlement of Investment Disputes (ICSID) …
Jan 26 2024
Evan Gershkovich, 31, worked for various media outlets before relocating to Russia in 2017 to serve as a Russia-accredited journalist. Over the past year, he has been a correspondent for The Wall Street Journal, covering topics such as mobilization, sanctions and their impact on the economy and people. He was arrested on March 29, 2023, …
Oct 16 2023
Bitstamp will be discontinuing its services to customers in Canada starting January 8, 2024. Bobby Zagotta, the U.S. CEO and Global Chief Commercial Officer at Bitstamp, issued a statement regarding the development. He expressed the company’s gratitude towards its customers and the difficulty of the decision, emphasizing that this was not a step taken lightly. …