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Senior IcomTech Promoter Gets 71 Months for Crypto Ponzi Scheme
Magdaleno Mendoza was sentenced to 71 months in federal prison for his role in a crypto Ponzi scheme.The scheme promised guaranteed returns from mining...
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Bank of Japan Rate Hike Fuels Crypto Rally; XRP, Bitcoin Jump
Bank of Japan raised its benchmark interest rate by 25 basis points to 0.75%, the highest since 1995.
The announcement led to a sharp rebound...
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SEC Sues VBit: Bitcoin Mining Hosting May Be Securities Offering
The US Securities and Exchange Commission (SEC) sued Bitcoin mining company VBit and its founder for allegedly defrauding investors by overselling mining Hosting agreements.The...
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Trump Appoints Crypto Regulators: Selig Heads CFTC, Hill FDIC
Mike Selig confirmed as chairman of the Commodity Futures Trading Commission (CFTC).Travis Hill approved as chairman of the Federal Deposit Insurance Corp (FDIC), continuing...
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OpenAI Eyes $100B Fundraise, Declares ‘Code Red’ Amid AI Rivalry
OpenAI is seeking to raise up to $100 billion, with a potential company valuation of $830 billion if the round is completed.
The funding effort...
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Hoskinson Criticizes Trump’s Crypto Moves for Hurting Policy Efforts
Charles Hoskinson criticizes Donald Trump for launching a meme coin, claiming it politicized the cryptocurrency industry.Hoskinson says Trump's actions shifted crypto from a bipartisan...
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S&P 500, Nasdaq Surge Over 1% After Delayed Inflation Report
The U.S. Consumer Price Index (CPI) rose at a 2.7% annual rate in the most recent report, below the expected 3.1%.The report was delayed...
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OpenAI, Nvidia Partner With DOE to Boost AI and Supercomputing Research
OpenAI and NVIDIA have formalized agreements with the Department of Energy to advance U.S. Artificial Intelligence and supercomputing initiatives.
The Genesis Mission seeks to combine...
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Suit: OpenAI let contractors read ChatGPT chats sans consent
Two California ChatGPT users filed a proposed class action against OpenAI this month in the U.S. District Court for...
Revolut hit by second data breach in September
UK bank Revolut disclosed a second customer data breach this month after former broker DriveWealth suffered a social engineering...
Only 4 digital asset treasury firms trade above NAV: report.
Only four of the 20 largest digital asset treasury (DAT) companies trade above a net asset value multiple of...
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Ex-Coinbase CTO Likens Trump-Era Memecoins to Gambling as Market Cap Hits $10B
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