SEC charges CEO with nearly $200m crypto fraud scheme
The Securities and Exchange Commission accused PGI Global’s CEO of orchestrating an international scheme that raised $198 million under false crypto exchange claims. The Securities and Exchange Commission has charged Ramil Palafox, CEO of PGI Global, with orchestrating a $198…...
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What are spot Solana ETFs with staking? Canada’s crypto innovation explained
What are spot Solana ETFs and why are they important? A spot Solana ETF is an exchange-traded fund that holds Solana (SOL) tokens directly, providing investors real-time exposure to the asset’s market price. Rather than using complex trading platforms or crypto wallets, you can access Solana via a regulated...
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Cardano’s ADA, Ether Lead Market Gains as Bitcoin ‘Decoupling’ Continues
Cardano’s ADA and ether (ETH) zoomed more than 14% in the past 24 hours, leading gains among major cryptocurrencies, as bitcoin (BTC) crossed $93,500 late Tuesday on renewed hopes of a tempered approach to the tariff wars. BTC jumped 6.5%, with Solana’s SOL, XRP and BNB Chain’s BNB all...
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SEC Walks Away From Case Against HEX Founder Richard Heart, Attorney Says
In a rare legal defeat for the U.S. Securities and Exchange Commission, the agency has formally dropped its fraud case against Richard Schueler, better known as Richard Heart, founder of the crypto projects HEX, PulseChain, and PulseX. On April 21, the SEC informed the Eastern District Court of New...
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SUI crypto surges over 30% as meme coins gain traction
SUI crypto has gone up by by nearly 32%, upholding the positive momentum from the previous trading day. SUI-based meme coins such as MIU, LOFI and BLUB have also gained popularity. According to data from crypto.news, SUI (SUI) has gone…...
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Arthur Hayes predicts Bitcoin will hit $110K-$200K when U.S. Treasury buybacks kick in
Arthur Hayes, co-founder of BitMEX, believes upcoming U.S. Treasury bond buybacks could inject major liquidity into markets and send Bitcoin to $110,000, or even as high as $200,000. In an Apr. 23 Substack article, Hayes pointed to the Treasury’s plan…...
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Banque de France blasts Trump’s pro-stablecoin order, cites urgent need for digital euro
A senior French central banker has warned that U.S. policy shifts promoting stablecoins could erode European monetary sovereignty in the absence of a digital euro. Denis Beau, first deputy governor of the Banque de France, warned that the Donald Trump…...
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Cantor Joins SoftBank and Tether to Launch Fund Seeded With $3B BTC
American financial services giant Cantor is teaming up with Japanese multinational investment firm SoftBank and the world’s largest stablecoin issuer, Tether, to launch 21 Capital. Cantor chair Brandon Lutnick, the son of US Commerce Secretary Howard Lutnick, is aiming to replicate Strategy’s success as a public company investing heavily...
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Bitcoin Gets $3 Billion Power Play As Cantor, SoftBank, Tether Unite
A consortium led by Brandon Lutnick’s Cantor Equity Partners is preparing one of the most ambitious treasury-style bets on Bitcoin since MicroStrategy first turned its balance sheet into a proxy for the cryptocurrency market. According to a Financial Times report, the special-purpose acquisition company (SPAC) backed by brokerage Cantor...
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Jack Dorsey Says Major Changes Coming To Block’s Self-Custody Bitcoin Wallet: What To Expect
Fintech company Block, Inc. (NYSE:XYZ), announced major changes to its self-custody Bitcoin (CRYPTO: BTC) wallet Tuesday, focusing on improved safety, privacy, and usability. What Happened: Co-founder Jack Dorsey took to X to share the upcoming improvements to Bitkey, the cryptocurrency wallet launched in December 2023. The changes include providing stronger...
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