David Kagel, an 85-year-old disbarred attorney, pled guilty to a $9.5M crypto Ponzi scheme promising high returns with AI bots. Co-defendants face charges for misusing victim funds. #CryptoFraud #LegalNews
At Consensus 2024, Rep. @GOPMajorityWhip Tom Emmer criticizes SEC’s Gensler, praises bipartisan support for FIT 21 Act to protect U.S. innovation. White House shows openness, hinting at potential legislative progress. #CryptoRegulation #BlockchainNews
ARK Invest CEO Cathie Wood at Consensus 2024 declared Bitcoin “unstoppable,” highlighting its decentralized nature and strategic value. She praised El Salvador’s adoption and noted the spot Ethereum ETF approval as a sign of growing U.S. pro-crypto sentiment. #Bitcoin #CryptoNews
Iggy Azalea’s MOTHER memecoin surged 30,000%, hitting a $30M market cap, while Caitlyn Jenner’s JENNER coin on Solana collapsed due to a developer scam. Nearly 500,000 memecoins launched since April. #crypto #Updates
LayerK is enhancing the digital economy with cutting-edge computing and blockchain tech. P2P crypto exchanges offer lower costs and privacy, while CEX platforms provide high liquidity and user-friendly interfaces. #Crypto #Blockchain
Meme coins $WIF and $SHIB see gains of 9% and 5% respectively in 24 hours. Whale activity boosts $WIF, while $SHIB breaks resistance. New token $WAI raises $3.3M in presale. #Crypto #Updates
NYSE partners with @CoinDesk to launch a cash-settled Bitcoin index for options trading. This move integrates crypto with traditional finance, enhancing risk management for investors. #CryptoFinance #Bitcoin
Unimantic Protocol achieves $100 million monthly turnover, leveraging MEV bots to enhance crypto trading efficiency. Co-founder Richard Davis credits strategic innovation. Significant investment and user growth followed. #CryptoNews #Blockchain
PayPal’s PYUSD stablecoin is now on @solana, leveraging high speeds (65,000 TPS) and low fees ($0.0025) to enhance user experience and utility. #CryptoNews #Blockchain
Riot’s $950M bid for Bitfarms faces board rejection due to low premium. Analysts doubt shareholder approval. Riot aims to address shareholders at the annual meeting. #CryptoMining #Analysis
Aave ($AAVE) saw a 9.66% weekly gain and 15% TVL increase in a month. Synthetix ($SNX) rebounded by a third in ten days. Raboo combines AI and defi, raising $1.5M in liquidity. #DeFi #CryptoNews
PlayDoge (PLAY) launched its presale, raising $250k on day one. Combining meme appeal and play-to-earn gaming, it targets 10x growth and offers 2,200% staking APY. #Crypto #GamingNews
Deutsche Bank AG tests an Ethereum-based platform to tackle margin compression with tokenized funds. Citigroup estimates this market could hit $5 trillion by 2030. #Blockchain #Finance
Riot Platforms acquires Bitfarms for $950M, offering $2.3 per share. Shareholders to own up to 17% of the combined company. $BITF stock surged nearly 10%. #Bitcoin #CryptoNews
