Moish Peltz, a partner at Falcon, Rappaport and Berkman, told CoinDesk that the rules surrounding seized bitcoin might change on a department-by-department basis and vary depending on how the bitcoin was seized in the first place. “Some portion of the seized bitcoin might need an act of Congress, but not necessarily,” he said. Source link
Digital assets manager CoinShares says that institutional investors dropped over two billion dollars into crypto products last week. In its latest Digital Asset Fund Flows report, CoinShares says that institutional crypto investment products saw a surge in net inflows of $2.2 billion last week. “Digital asset investment products saw further inflows of US$2.2bn last week, raising the total inflows since interest rates were first cut in September to US$11.7bn, while year-to-date
Heather Morgan, also known by her rap alias “Razzlekhan,” was sentenced to 18 months in prison by a Washington D.C. federal court for her involvement in laundering funds tied to the 2016 Bitfinex Hack. The sentencing follows her guilty plea in August 2023 to charges of money laundering conspiracy and conspiracy to defraud the United States. Heather Morgan Sentenced to 18 Months for Laundering in Bitfinex Hack Case According to
Coinbase CEO Brian Armstrong is set to meet with President-elect Donald Trump as the latter continues to fill key positions in his incoming administration. The meeting is expected to address personnel appointments, particularly for roles tied to cryptocurrency and financial regulation. Coinbase CEO To Meet Donald Trump According to The Wall Street Journal, Brian Armstrong will meet privately with Donald Trump to discuss staffing decisions for critical positions. These roles
Pioneering memecoin launchpad Pump Fun is in the spotlight after it made another cashout move, placing pressure on Solana’s price. According to an update from the analytics platform Lookonchain, the Pump Fun fee account has sold off another 105,000 SOL within the past 24 hours. Pump Fun and the Selloff Agenda Lookonchain detailed that the offloaded 105,000 SOL is valued at $25.14 million. The platform transferred this lumpsum to the
Super Micro Computer (SMCI) said in a filing with the Securities and Exchange Commission late Monday that it has submitted a compliance plan to avoid delisting from the Nasdaq. The company said its compliance plan shows it is on track to submit delayed filings to the SEC “and become current with its periodic reports within the discretionary period available to the Nasdaq staff to grant.” Barron’s reported on Friday after
US President Joe Biden’s administration has issued a new round of sanctions against groups and individuals involved in illegal Israeli settlements in the occupied West Bank, as the United States continues to provide unwavering support for Israel’s Gaza war. The US sanctions announced on Monday targeted the settlement development organisation Amana, as well as its subsidiary Binyanei Bar Amana Ltd. Amana is a “key part of the Israeli extremist settlement
Tencent’s Honor of Kings mobile game drew a record 33,000 fans to watch a final competition in Beijing on Nov. 16, 2024. CNBC | Evelyn Cheng BEIJING — Chinese gaming giant Tencent is betting on a rise in female players worldwide for its mobile game Honor of Kings, which rolled out to the U.S. and other countries in June. Already a hit in China, the game drew a record 33,000
Bears are hoping this earnings-based stock-market predictor will be right — for once. Source link
Morpheus went live on a public testnet, or simulated experimental environment, in July. The project promises personal AIs, also known as “smart agents,” that can empower individuals much like personal computers and search engines did in decades past. Among other tasks, agents can “execute smart contracts, connecting to users’ Web3 wallets, DApps, and smart contracts,” the team said. Source link
