Gemini Earn Lawsuit Advances as Judge Denies Dismissal
CoinGape (RSS)
US District Judge Edgardo Ramos has denied a dismissal motion in a lawsuit filed by the Securities and Exchange Commission (SEC) against Gemini Trust Company, LLC, and Genesis Global Capital, LLC. The case revolves around the allegations that the two firms were involved in offering and selling unregistered securities through the Gemini Earn program.
SEC’s Allegations Hold Ground
The lawsuit is based on accusations by the SEC that Gemini and Genesis were selling unregistered securities to retail investors through the Gemini Earn program. The decision of Judge Ramos states that the SEC has “plausibly alleged” that the activities related to the Gemini Earn program fall within the securiti...
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CoinGape (RSS)
US District Judge Edgardo Ramos has denied a dismissal motion in a lawsuit filed by the Securities and Exchange Commission (SEC) against Gemini Trust Company, LLC, and Genesis Global Capital, LLC. The case revolves around the allegations that the two firms were involved in offering and selling unregistered securities through the Gemini Earn program.
SEC’s Allegations Hold Ground
The lawsuit is based on accusations by the SEC that Gemini and Genesis were selling unregistered securities to retail investors through the Gemini Earn program. The decision of Judge Ramos states that the SEC has “plausibly alleged” that the activities related to the Gemini Earn program fall within the securiti...
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Hivemind Capital to Raise $50 Mln; Plans Funding Digital Art and Blockchain
CoinGape (RSS)
Investment firm Hivemind Capital Partners is in the work of raising nearly $50 million for a fund. According to a Bloomberg report, Hivemind Capital is trying to raise at least $50 million for a fund that will focus on the nexus between blockchain technology and digital art. The move comes at a time when the market is witnessing the most recent cryptocurrency boom and the nonfungible tokens are attempting to resurface.
Blockchain’s Advancement Likely to Help Digital Art Space
According to Medium, the capacity of blockchain to verify the authenticity and scarcity of di...
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CoinGape (RSS)
Investment firm Hivemind Capital Partners is in the work of raising nearly $50 million for a fund. According to a Bloomberg report, Hivemind Capital is trying to raise at least $50 million for a fund that will focus on the nexus between blockchain technology and digital art. The move comes at a time when the market is witnessing the most recent cryptocurrency boom and the nonfungible tokens are attempting to resurface.
Blockchain’s Advancement Likely to Help Digital Art Space
According to Medium, the capacity of blockchain to verify the authenticity and scarcity of di...
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Jack Dorsey Block Debuts Bitcoin Wallet, Skips Crypto Pay
CoinGape (RSS)
Block, helmed by Jack Dorsey, has finally released Bitkey, its highly-anticipated Bitcoin hardware wallet. With a price of $150, the Bitkey wallet is a significant step toward self-custodial storage of cryptocurrencies. It seeks to offer users a safer way to store their Bitcoin and keep it out of exchanges. Bitkey is being launched at a time when the digital currency community has more concerns regarding the safety of their assets on the trading platforms.
Jack Dorsey’s Block Embraces Security with Bitkey
Block, founded by Jack Dorsey, has emphasized security in the development of the Bitkey wallet. Adding a fingerprint sensor, USB-C connectivity, and NFC technology benefits, Bitkey g...
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CoinGape (RSS)
Block, helmed by Jack Dorsey, has finally released Bitkey, its highly-anticipated Bitcoin hardware wallet. With a price of $150, the Bitkey wallet is a significant step toward self-custodial storage of cryptocurrencies. It seeks to offer users a safer way to store their Bitcoin and keep it out of exchanges. Bitkey is being launched at a time when the digital currency community has more concerns regarding the safety of their assets on the trading platforms.
Jack Dorsey’s Block Embraces Security with Bitkey
Block, founded by Jack Dorsey, has emphasized security in the development of the Bitkey wallet. Adding a fingerprint sensor, USB-C connectivity, and NFC technology benefits, Bitkey g...
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U.S. Attorney’s Office Files Civil Forfeiture Action to Return $2.3M in Crypto Tied to 37 Scam Victims
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
The United States Attorney’s Office in Massachusetts filed a civil forfeiture action on Wednesday aimed at returning $2.3 million in cryptocurrency to 37 victims of online scams and fraud.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
The United States Attorney’s Office in Massachusetts filed a civil forfeiture action on Wednesday aimed at returning $2.3 million in cryptocurrency to 37 victims of online scams and fraud.
Michael Saylor's MicroStrategy Raising Another $500M to Buy More Bitcoin
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
The debt offering comes just days after the company closed on an $800 million capital raise, also with proceeds used to buy bitcoin.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
The debt offering comes just days after the company closed on an $800 million capital raise, also with proceeds used to buy bitcoin.
Bitcoin Could Drop to $58K as Cool-Off Period Is Imminent, Swissblock Says
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
Bitcoin nearly doubled in price since late January, but a "counter move seems to be near," Swissblock analysts said.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
Bitcoin nearly doubled in price since late January, but a "counter move seems to be near," Swissblock analysts said.
Open Data: The Unfulfilled Promise of Blockchain
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
Meme Coin Rise Historical Data Reignites Fears of Crypto Bubble Burst
CoinGape (RSS)
Meme coins are currently seeing an upward trajectory as the entire crypto market embarks on a bull run. However, Bloomberg highlights that the current level at which meme coins are pacing was similar to that of the crypto bubble that burst two years ago. The market is anyways cautioned for a possible correction. However, a bubble burst would send sock waves just like in 2021.
Meme Coin Frenzy Raises Concerns
Bloomberg says that meme coin’s trading volumes are currently at levels last seen shortly before the last crypto bubble burst more than two years ago. With more investor traction, the meme coin frenzy in the digital asset market shows no signs of abating. Meme coins, such as Dogwifhat and Pepe, are gaining significantly more traction...
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CoinGape (RSS)
Meme coins are currently seeing an upward trajectory as the entire crypto market embarks on a bull run. However, Bloomberg highlights that the current level at which meme coins are pacing was similar to that of the crypto bubble that burst two years ago. The market is anyways cautioned for a possible correction. However, a bubble burst would send sock waves just like in 2021.
Meme Coin Frenzy Raises Concerns
Bloomberg says that meme coin’s trading volumes are currently at levels last seen shortly before the last crypto bubble burst more than two years ago. With more investor traction, the meme coin frenzy in the digital asset market shows no signs of abating. Meme coins, such as Dogwifhat and Pepe, are gaining significantly more traction...
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Breaking: MicroStrategy To Raise Additional $500M to Buy More Bitcoin
CoinGape (RSS)
No other Wall Street organization has exhibited a Bitcoin strategy as strong as that of MicroStrategy Inc. seeing that the business intelligence and software firm looks to add to its already large Bitcoin holding.
MicroStrategy Inc’s Bitcoin Holdings Top 250,000 Units
Only two days after acquiring another 12,000 Bitcoin units for close to $822 million, MicroStrategy is now looking to raise $500 million to make an additional purchase. MicroStrategy also plans to fulfill some general corporate obligations with secured funds.
As of March 10, the company had a total of 205,000 Bitcoin units, acquired for approximately $6.91 billion with...
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CoinGape (RSS)
No other Wall Street organization has exhibited a Bitcoin strategy as strong as that of MicroStrategy Inc. seeing that the business intelligence and software firm looks to add to its already large Bitcoin holding.
MicroStrategy Inc’s Bitcoin Holdings Top 250,000 Units
Only two days after acquiring another 12,000 Bitcoin units for close to $822 million, MicroStrategy is now looking to raise $500 million to make an additional purchase. MicroStrategy also plans to fulfill some general corporate obligations with secured funds.
As of March 10, the company had a total of 205,000 Bitcoin units, acquired for approximately $6.91 billion with...
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Solana’s dogwifhat (WIF) is Going to Las Vegas In Grand Style
CoinGape (RSS)
Solana memecoin dogwifhat (WIF) has successfully raised more than $650,000 and is now on track to make a grand showing into the Las Vegas skyline.
Community Stirs Bold dogwifhat (WIF) Publicity
Markedly, the dogwifhat’s “Shiba Inu-themed” mascot will be displayed on the Las Vegas Skyline for up to one week. This follows a successful community fundraiser to feature the memecoin mascot on Sphere, the Las Vegas LED-outfitted spherical event venue. Initially, a proposal titled “sphere wif hat,” was put forward to raise $650,000 for advertising dogwifhat.
As of three days ago, only $240,000 has been generated from the memecoin community members with many of the donations coming in at the range of $1-$100. Only two wallets donated up to $9,999, and at that time, this happened to be the highest amount donated in a single transaction.
Currently, the donations have surpassed the initial target by a signific...
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CoinGape (RSS)
Solana memecoin dogwifhat (WIF) has successfully raised more than $650,000 and is now on track to make a grand showing into the Las Vegas skyline.
Community Stirs Bold dogwifhat (WIF) Publicity
Markedly, the dogwifhat’s “Shiba Inu-themed” mascot will be displayed on the Las Vegas Skyline for up to one week. This follows a successful community fundraiser to feature the memecoin mascot on Sphere, the Las Vegas LED-outfitted spherical event venue. Initially, a proposal titled “sphere wif hat,” was put forward to raise $650,000 for advertising dogwifhat.
As of three days ago, only $240,000 has been generated from the memecoin community members with many of the donations coming in at the range of $1-$100. Only two wallets donated up to $9,999, and at that time, this happened to be the highest amount donated in a single transaction.
Currently, the donations have surpassed the initial target by a signific...
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US Seeks Forfeiture of $2.3M in Crypto Tied to Online Scams
CoinGape (RSS)
The US Attorney’s Office in Massachusetts has initiated a civil forfeiture action aimed at recouping $2.3 million in cryptocurrency. This amount is associated with several internet frauds, with 37 victims all over the country. The measure, in a consolidated approach by federal agencies, is aimed at dealing with and reducing the impacts caused by internet fraud scams, especially the ones that involve digital currencies.
Forfeiture Action Targets Crypto Scams
The forfeiture seeks to recover a mix of digital currencies, including USD Coin (USDC), Tether (USDT), Tron (TRX), Solana (SOL), Binance Coin (BNB), Cardano (ADA), and Ether (ETH), held in two Binance accounts. These assets wer...
View original post
CoinGape (RSS)
The US Attorney’s Office in Massachusetts has initiated a civil forfeiture action aimed at recouping $2.3 million in cryptocurrency. This amount is associated with several internet frauds, with 37 victims all over the country. The measure, in a consolidated approach by federal agencies, is aimed at dealing with and reducing the impacts caused by internet fraud scams, especially the ones that involve digital currencies.
Forfeiture Action Targets Crypto Scams
The forfeiture seeks to recover a mix of digital currencies, including USD Coin (USDC), Tether (USDT), Tron (TRX), Solana (SOL), Binance Coin (BNB), Cardano (ADA), and Ether (ETH), held in two Binance accounts. These assets wer...
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Detained Binance Executives to Remain in Nigerian Custody Until Hearing: WSJ
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
The two men were arrested on Feb. 26 after arriving in Abuja to meet with Nigerian leaders who accused the crypto exchange of crashing the country’s currency, the naira.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
The two men were arrested on Feb. 26 after arriving in Abuja to meet with Nigerian leaders who accused the crypto exchange of crashing the country’s currency, the naira.
FinCEN Is Analyzing $165M in Transactions That May Tie Crypto and Hamas, Senior Official Says
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
ECB reshapes strategies: Turns to bank lending, trims balance sheet
Cryptopolitan (RSS)
The European Central Bank is changing its game plan. After a decade of pumping money into the system like there’s no tomorrow, they’re taking a sharp turn. The ECB’s new strategy is all about lending more to those big-shot commercial banks while saying goodbye to majority of its huge bond portfolio. That’s right, the big bank is shifting gears, with plans to keep the financial system juiced up but in a more refined way.
A Fresh Blueprint for Bank Lending
So here’s the scoop: The ECB is on a mission to refine how it feeds cash into the banks. They’ve been on this bond-buying binge, which, let’s be honest, has left them with a balance sheet fatter than a Thanksgiving turkey. But times are changing. They’re thinking about how to keep the money flowing...
View original post
Cryptopolitan (RSS)
The European Central Bank is changing its game plan. After a decade of pumping money into the system like there’s no tomorrow, they’re taking a sharp turn. The ECB’s new strategy is all about lending more to those big-shot commercial banks while saying goodbye to majority of its huge bond portfolio. That’s right, the big bank is shifting gears, with plans to keep the financial system juiced up but in a more refined way.
A Fresh Blueprint for Bank Lending
So here’s the scoop: The ECB is on a mission to refine how it feeds cash into the banks. They’ve been on this bond-buying binge, which, let’s be honest, has left them with a balance sheet fatter than a Thanksgiving turkey. But times are changing. They’re thinking about how to keep the money flowing...
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Lif3 partners with BitGo to Enhance Blockchain Security for Institutional DeFi Assets
Cryptopolitan (RSS)
Road Town, British Virgin Islands, March 13th, 2024, Chainwire
Lif3 (LIF3/USD)(LIF3/USDt), the revolutionary multi-chain DeFi Layer-1 ecosystem that operates on Ethereum, Polygon, BNB Chain, and Fantom, is thrilled to announce its strategic partnership with BitGo, the industry’s leading secure qualified institutional custodian. This collaboration marks a significant leap forward in securing and democratizing access to blockchain technologies for users worldwide as Lif3.com leverages BitGo’s pioneering, multi-signature technology for custodial transactions, cold storage of Lif3 tokens,...
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Cryptopolitan (RSS)
Road Town, British Virgin Islands, March 13th, 2024, Chainwire
Lif3 (LIF3/USD)(LIF3/USDt), the revolutionary multi-chain DeFi Layer-1 ecosystem that operates on Ethereum, Polygon, BNB Chain, and Fantom, is thrilled to announce its strategic partnership with BitGo, the industry’s leading secure qualified institutional custodian. This collaboration marks a significant leap forward in securing and democratizing access to blockchain technologies for users worldwide as Lif3.com leverages BitGo’s pioneering, multi-signature technology for custodial transactions, cold storage of Lif3 tokens,...
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El Salvador invites international investors with zero income tax
Cryptopolitan (RSS)
El Salvador has made a bold move that screams, “Come hither, international investors!” By slashing the income tax for money entering from overseas from a steep 30% right down to zero, nada, zilch. The country’s legislative assembly gave this radical reform the green light, planning to turn El Salvador into a magnet for foreign investments. The motive behind this is to spark a boom in both domestic and foreign investments, firing up the economy and opening the floodgates to more job opportunities.
The Ripple Effect of Tax Elimination
When El Salvador’s Congress put their heads together and decided to axe the income tax on foreign money. They had a vision. A vision to transform the country into an investment paradise. Money that flows into the country, be it from families sending cash back home or corporations...
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Cryptopolitan (RSS)
El Salvador has made a bold move that screams, “Come hither, international investors!” By slashing the income tax for money entering from overseas from a steep 30% right down to zero, nada, zilch. The country’s legislative assembly gave this radical reform the green light, planning to turn El Salvador into a magnet for foreign investments. The motive behind this is to spark a boom in both domestic and foreign investments, firing up the economy and opening the floodgates to more job opportunities.
The Ripple Effect of Tax Elimination
When El Salvador’s Congress put their heads together and decided to axe the income tax on foreign money. They had a vision. A vision to transform the country into an investment paradise. Money that flows into the country, be it from families sending cash back home or corporations...
View original post
Netherlands imposes fine on Cryptocom over registration breaches
Cryptopolitan (RSS)
The Netherlands’ central powerhouse, De Nederlandsche Bank (DNB), has slapped Crypto.com with a huge fine. Why? Well, for the audacious stunt of bypassing registration requirements for a what is reportedly a long time. I’m talking about a solid two years plus of “forgetting” to register while offering crypto services. The $3 million (€2.85 million) fine was handed down in October, yet for reasons I don’t understand, this financial slap was kept under wraps until recently.
The Heart of the Matter
Back on May 21, 2020, DNB laid down the law, making it clear that all crypto service providers needed to register under the Dutch Anti-Money Laundering and Anti-Terrorist Financing Act. You’d think that would be a clear enough signal, right? Wrong.
Our beloved Crypto.com, or Foris DAX MT to be o...
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Cryptopolitan (RSS)
The Netherlands’ central powerhouse, De Nederlandsche Bank (DNB), has slapped Crypto.com with a huge fine. Why? Well, for the audacious stunt of bypassing registration requirements for a what is reportedly a long time. I’m talking about a solid two years plus of “forgetting” to register while offering crypto services. The $3 million (€2.85 million) fine was handed down in October, yet for reasons I don’t understand, this financial slap was kept under wraps until recently.
The Heart of the Matter
Back on May 21, 2020, DNB laid down the law, making it clear that all crypto service providers needed to register under the Dutch Anti-Money Laundering and Anti-Terrorist Financing Act. You’d think that would be a clear enough signal, right? Wrong.
Our beloved Crypto.com, or Foris DAX MT to be o...
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Are Ethical Concerns Justified in AI-Driven Political Microtargeting? A Study Evaluation
Cryptopolitan (RSS)
In an era where AI-driven technologies continue to redefine the boundaries of political campaigning, insights into the ethical terrain of AI-driven political microtargeting have become imperative. Recent research delves into the effectiveness of personalized political ads tailored to individuals’ personalities, shedding light on the ethical and policy implications of leveraging AI in political persuasion strategies. Amidst mounting concerns about the potential manipulation of public opinion, understanding the nuanced dynamics of AI-powered microtargeting is paramount.
AI-driven political microtargeting – Unveiling the research landscape
Against the backdrop of pivotal political events in 2016 and the contentious role of entities like Cambridge Analytica, the research probes into the efficacy of microtargeting in influencing voter behavior. Drawing on the emergence of generativ...
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Cryptopolitan (RSS)
In an era where AI-driven technologies continue to redefine the boundaries of political campaigning, insights into the ethical terrain of AI-driven political microtargeting have become imperative. Recent research delves into the effectiveness of personalized political ads tailored to individuals’ personalities, shedding light on the ethical and policy implications of leveraging AI in political persuasion strategies. Amidst mounting concerns about the potential manipulation of public opinion, understanding the nuanced dynamics of AI-powered microtargeting is paramount.
AI-driven political microtargeting – Unveiling the research landscape
Against the backdrop of pivotal political events in 2016 and the contentious role of entities like Cambridge Analytica, the research probes into the efficacy of microtargeting in influencing voter behavior. Drawing on the emergence of generativ...
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How MicroStrategy’s bull run is crushing short sellers
Cryptopolitan (RSS)
Michael Saylor’s MicroStrategy is on a tear, making waves in the stock market and putting a serious dent in the pockets of those betting against it. The company, known for its love of Bitcoin, has seen its shares skyrocket, tripling in value this year alone. This surge comes as Bitcoin hits new all-time highs, turning the tables on short sellers who’ve been caught off guard by the unexpected rally.
As it stands, those wagering on a downfall for MicroStrategy are staring down the barrel of a whopping $3.3 billion in paper losses for 2024, thanks to the stock’s 170% climb. This financial bloodbath has been a year in the making, with total losses over the past 12 months breaching the $4.3 billion mark.
MicroStrategy’s Rollercoaster Ride
Betting against MicroStrategy might have seemed like a smart move, especially considering the company’s risky bet ...
View original post
Cryptopolitan (RSS)
Michael Saylor’s MicroStrategy is on a tear, making waves in the stock market and putting a serious dent in the pockets of those betting against it. The company, known for its love of Bitcoin, has seen its shares skyrocket, tripling in value this year alone. This surge comes as Bitcoin hits new all-time highs, turning the tables on short sellers who’ve been caught off guard by the unexpected rally.
As it stands, those wagering on a downfall for MicroStrategy are staring down the barrel of a whopping $3.3 billion in paper losses for 2024, thanks to the stock’s 170% climb. This financial bloodbath has been a year in the making, with total losses over the past 12 months breaching the $4.3 billion mark.
MicroStrategy’s Rollercoaster Ride
Betting against MicroStrategy might have seemed like a smart move, especially considering the company’s risky bet ...
View original post