Bitcoin Rodney Admits $1.8B Crypto Fraud
Rodney Burton, known as “Bitcoin Rodney,” pleaded guilty to running an unlicensed money-transmitting business tied to a $1.8B crypto fraud, facing up to five years in prison.
Bitcoin Rodney Guilty in $1.8B Fraud
Rodney Burton, aka “Bitcoin Rodney,” pled guilty to running an unlicensed money-transmitting business tied to a $1.8B crypto fraud scheme, facing up to five years in prison.
Bitcoin Senators Oppose SBF Pardon Resolution
Sens. Rubén Gallego and Cynthia Lummis introduced a resolution opposing clemency for Sam Bankman-Fried, following his pardon petition amid FTX’s $8 billion fraud case. #Breaking #Legal
CBDC Ban Through 2030 in Housing Deal
The U.S. Senate Banking and House Financial Services committees updated the 21st Century ROAD to Housing Act, temporarily banning a central bank digital currency (CBDC) until December 31, 2030. Legal
Kalshi Bypasses Nevada Ban $120K Daily
The Nevada Gaming Control Board seeks $120,000 daily fines against @Kalshi for violating a geofencing order, allowing Nevada users to buy banned contracts. #Breaking #Legal
Ethereum Contract Drained $2.1M Post-Shutdown
A legacy Aztec Connect smart contract was drained of 909 ETH (~$2.1M), highlighting risks of deprecated DeFi contracts. #Breaking #Crypto $ETH
Ethereum Bridge Exploited for $11.6M Loss
@VerusProtocol’s Ethereum bridge exploited, resulting in a loss of $11.58 million in crypto via fraudulent transfers. Incident mirrors past exploits; security measures recommended for cross-chain transactions. #Breaking #Crypto $ETH (-8) ↘
Bitcoin Exploited for $77M in Admin Key Breach
Decentralized finance protocol @EchoProtocol suffered a $76.7M exploit after 1,000 unauthorized eBTC were minted due to an admin key compromise; investigation ongoing. #Breaking #Crypto $eBTC (-8) ↘
Binance Rejected for EU License Approval
Binance’s MiCA application likely to be rejected by EU regulators, risking its ability to operate in the region. Binance asserts compliance with EU laws. #Breaking #Legal
CATFI Memecoin Operators Charged in DEX Rug-Pull
South Korean prosecutors have charged a group in connection with the CATFI memecoin rug pull, marking the first decentralized exchange (DEX) rug-pull case under the country’s cryptocurrency law. #Breaking #Legal $CATFI
FBI Foils White House Drone Attack
Federal authorities disrupted a plot to attack the White House UFC Freedom 250 event, involving explosive drones and shooters; crypto firms like @cryptocom sponsored the event. #Breaking #Legal
Bitcoin Unfazed as Japan Rates Surge
The Bank of Japan raised its interest rate to a 30-year high of 1%, yet Bitcoin remained stable at $66,000, down 1.1% today. Crypto $BTC
Bitcoin Strategy Adds 1,587 BTC in $100M Buy
Strategy disclosed a $100M purchase of 1,587 $BTC at an average price of $63,024 per Bitcoin, reinforcing its corporate Bitcoin accumulation strategy. #Breaking #Crypto $BTC
Kelp DAO Hacker Launders $220M Stolen Funds
The Kelp DAO exploiter has laundered nearly all of the $220 million in stolen funds, leaving only $71 million frozen by Arbitrum’s Security Council. #Breaking #Crypto $ARB