General category for all types of news related to the cryptocurrency world.
Dragonfly Capital aims to raise $500M for its fourth fund, targeting early-stage crypto projects. The firm has secured $250M internally and plans to complete fundraising by Q1 next year, aligning with broader crypto venture capital trends.
Alex Mashinsky, ex-CEO of Celsius, faces 115 years in prison on charges of market manipulation and fraud. The CFTC revealed violations in his operations, highlighting systemic issues and the need for stronger crypto regulations. $CEL $CFTC @CelsiusNetwork
Over 30 AI experts urge governments to create emergency plans for uncontrolled AI risks. They call for specialized bodies, international cooperation, and independent AI safety research to ensure safe and ethical AI advancements.
MicroStrategy plans to raise $700M through bonds maturing in 2028. Funds will be used to purchase Bitcoin and repay $500M in debt. The company holds 244,800 BTC worth $14.3B. South Korea’s National Pension Service invested $33.7M in MicroStrategy securities.
Crypto expert @zachxbt accuses Circle CEO of a 4.5-month delay in blacklisting North Korean hacker group Lazarus. Community calls for on-chain detectives to combat crypto fraud as stablecoins gain traction in global payments.
OpenAI’s ChatGPT o1 update, announced on September 13, 2024, enhances user interaction and crypto analysis with improved STEM and coding performance, faster response times, and the ability to autonomously gather real-time internet data.
Circle’s Head of Global Policy, Dante Disparte, highlights the potential of stablecoins to become a global payment standard, driven by growing interest from financial firms. Regulatory clarity in the U.S. is pivotal for their integration and stability.
US DOJ sentences 12 for violent crypto heists, totaling 204 years in prison. Leader Remy Ra St. Felix gets 47 years; accomplice Jarod Gabriel Simungal gets 20 years. Gang stole over $3.5M in digital assets, using SIM swapping and encrypted messengers.
Brazil’s Attorney General Paulo Gonet Branco supports the Supreme Court’s decision to ban social network X, urging the dismissal of lawsuits challenging the ban. Elon Musk calls the ban an attack on Brazilians’ freedoms. Intense debates in Congress continue.
Justin Bons, founder of Cyber Capital, alleges Tether is a $118B scam, surpassing FTX and Madoff. He criticizes $USDT for lack of transparency and warns its collapse could be disastrous, urging the crypto community to avoid it.
Nvidia CEO Jensen Huang sells over $104M in $NVDA stock, raising questions about market sentiment. Despite this, the company remains strong in the AI chip sector, holding 80% of the global market cap and anticipating new Blackwell chip releases.
33 blockchain projects raised $223M in a week, led by $TUNE.FM and $SDAX with $50M each. Key sectors: DeFi, blockchain services, infrastructure. Notable investments: $HUMA ($38M), $FUSE ($12M), $PIN.AI ($10M).
Sam Bankman-Fried seeks retrial, citing bias from Judge Lewis Kaplan and misrepresentation of FTX’s solvency. Defense claims FTX was solvent and blames legal counsel for its collapse. Caroline Ellison’s sentencing in Alameda Research case is on Sept 24.
Bitget unveils Smart Awards 2024 to honor top crypto traders in five categories. Partnering with 0xScope for a transparent, data-driven selection process. Join the #TradeSmarter campaign and support your favorite traders on September 19.
