1 / 13 Relevant items tagged with #NewsBytes2

Posts: 367

Posts

Coinbase Will Be $1 Trillion Company, Says Bitwise CIO

[May 9 4:30 AM] Matt Hougan, Chief Investment Officer at Bitwise Asset Management, believes crypto exchange Coinbase (Nasdaq: COIN) will be a $1 trillion company in the future, following its acquisition of Deribit. In a statement on X, Hougan signaled strong…

Ripple’s $5B Bid to Acquire Circle Gets Rejected: Report

[May 1 5:30 AM] Ripple has reportedly made a strategic acquisition attempt targeting competitor Circle Internet Group, offering between $4 billion and $5 billion. However, insiders revealed the offer was dismissed for undervaluing Circle. Despite Ripple’s…

Nike Faces $5M NFT Meltdown Lawsuit

[Apr 30 12:05 AM] Nike is facing a class action lawsuit after abruptly shutting down its crypto-focused subsidiary, RTFKT, leaving investors with significant losses tied to Nike-themed NFTs and digital assets. Plaintiffs, led by Australian investor Jagdeep Cheema…

Lawmakers Demand SEC Transparency on Trump Family Crypto Ties

[Apr 4 2:30 AM] Senator Elizabeth Warren and Representative Maxine Waters have formally requested transparency from the U.S. Securities and Exchange Commission (SEC) concerning potential conflicts of interest involving President Donald Trump’s family and their…

Pakistan Crypto Council Launches to Regulate Digital Assets

[Mar 17 8:30 AM] The newly established Pakistan Crypto Council aims to integrate blockchain technology and digital assets into the country’s financial system through clear regulations and innovation-driven policies. Finance Minister Muhammad Aurangzeb, serving as…

Vietnam to Draft Legal Framework for Digital Assets by March

[Mar 3 5:30 AM] Vietnam’s Prime Minister Pham Minh Chinh has instructed the Ministry of Finance and the State Bank of Vietnam to draft regulations for digital assets and currencies, with a proposal expected in March. This directive, part of Directive No. 05, aims…

Crypto Scam Busted—Victims One Step Closer to Justice

[Dec 21, 2024 12:45 PM] A South Lake Tahoe man, Daniel Chartraw, 51, faces a 12-count federal indictment for wire fraud linked to a cryptocurrency trading scheme, per U.S. Attorney Phillip A. Talbert. Arrested recently, Chartraw allegedly misled investors through his…

US Charges 2 Men in $22 Million NFT Rugpull Crypto Fraud Scheme

[Dec 21, 2024 10:30 AM] Two Southern California men, Gabriel Hay and Gavin Mayo, face charges for allegedly defrauding investors of over $22 million in cryptocurrency through fraudulent NFT and digital asset schemes. The indictment reveals they conducted a series of…

EU Bleeds €1.5 Trillion Under Anti-Russian Sanctions, Report

[Dec 13, 2024 6:30 AM] Russian Deputy Foreign Minister Alexander Grushko has claimed that the European Union has suffered financial losses exceeding €1.5 trillion (approximately $1.58 trillion) due to sanctions imposed on Russia. Speaking in Moscow, Grushko described…

Iranian Crypto Holdings Equal a Third of National Gold Market

[Dec 9, 2024 5:30 AM] Iranian crypto holdings, valued between $30 billion and $50 billion, constitute about a third of the national gold market, according to economist Mohammad Sadegh Alhosseini. Daily cryptocurrency trading in Iran is approximately $143 million (100…