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Tokyo-Based Metaplanet Adds Almost 22 More Bitcoin to Its Treasury

[Jul 16, 2024 1:25 AM] Metaplanet, a Tokyo-based public company, has revealed that it has acquired more bitcoin for its treasury holdings. According to disclosure statements, Metaplanet acquired 21.877 bitcoin, spending about $1.26 million (200 million Japanese yen) for…

Tech Billionaire Michael Dell Calls Bitcoin Fascinating

[Jul 16, 2024 12:19 AM] Michael Dell, the founder and CEO of Dell Technologies, has expressed his fascination with Bitcoin on social media. Dell, who has a net worth of approximately $108 billion, shared a recent video of Blackrock CEO Larry Fink discussing bitcoin on…

Guernsey Post to Launch Limited Edition Crypto Stamps

[Jul 15, 2024 12:31 AM] Guernsey Post, the postal service for the island of Guernsey in the Channel Islands, is set to become the first postal operator in the British Isles to introduce crypto stamps, merging traditional stamp collecting with digital non-fungible tokens…

Solana Based AI Project Grass Announces Final Epoch of Closed Beta

[Jul 14, 2024 11:28 PM] Grass, an artificial intelligence (AI) based web crawling project that uses the Solana network, has announced the end of its closed beta version with its final epoch. Grass stated that the beta allowed it to verify that it can reach 100% of the…

Nigerian Judge to Rule on Binance Tax Evasion Case in October

[Jul 13, 2024 10:30 PM] Nigerian Justice Emeka Nwite recently set October 11 as the date for ruling in the trial of Binance Holdings Limited, a popular cryptocurrency platform. The platform and its two directors face a four-count tax evasion charge for failing to register…

TRUMP Meme Coin Soars After Attack on Former US President

[Jul 13, 2024 6:54 PM] Following the assassination attempt on former President Donald Trump, the meme token associated with his name, maga (TRUMP), jumped over 40% against the U.S. dollar. The token experienced a wide intraday trading range, fluctuating between a low of…

Global Crypto Advocacy Movement Reaches Canada

[Jul 13, 2024 2:17 AM] Stand with Crypto, a global movement advocating for sensible crypto innovation and policy, has expanded to Canada. Originating in the U.S. with over 1.1 million advocates, the movement is now active in the UK and aims to amplify Canadian voices…

Hiro Systems Applauds SEC Decision to Close Stacks Investigation

[Jul 12, 2024 8:48 AM] The U.S. Securities and Exchange Commission (SEC) has concluded its investigation into Stacks, a Bitcoin scaling network, and its original developer, Hiro Systems, with no recommended enforcement actions. This investigation began in 2021 despite…

SEC Secures Default Judgments in $45 Million Coindeal Fraud Case

[Jul 11, 2024 8:31 PM] The U.S. Securities and Exchange Commission (SEC) announced this week that the U.S. District Court for the Eastern District of Michigan has issued default judgments against Garry Davidson and Linda Knott for their involvement in a fraudulent $45…

Crypto Support Surges Among GOP Voters, Poll Finds

[Jul 11, 2024 6:30 PM] A poll conducted by research-driven technology investment firm Paradigm in June, published on Thursday, has revealed that Republicans strongly support financial freedom through cryptocurrency and oppose centralized control, such as central bank…

Celer Network Thwarts Attempted Domain Takeover

[Jul 11, 2024 12:20 PM] Celer Network, a blockchain and cross-layer platform, said on July 11, 2024 (9:38 am EST), that it thwarted an attempt to take over its domains. The platform claimed it recovered all the Domain Name System (DNS) records. An investigation found the…

SEC Withdraws Enforcement Action Against Paxos’ BUSD Stablecoin

[Jul 11, 2024 8:54 AM] The Securities and Exchange Commission (SEC) has decided to end its investigation into Paxos, a New York-based issuer of stablecoins, suggesting that stablecoins may not be treated as securities in most cases. This decision comes more than a year…

Lithuania Fines Crypto Firm $10M for Russian Sanctions Violations

[Jul 11, 2024 12:33 AM] The Lithuanian Financial Crime Investigation Service (FNTT) has fined the crypto firm Payeer nearly 9.3 million euros ($10 million) for international sanctions violations and anti-money laundering (AML) breaches. Specifically, Payeer was fined 8.23…