Two Estonian nationals, Sergei Potapenko and Ivan Turõgin, pleaded guilty to operating a $577 million cryptocurrency Ponzi scheme through their fraudulent mining service, Hashflare. The scheme, running from 2015 to 2019, deceived hundreds of thousands worldwide, including U.S. investors, by selling mining contracts despite lacking the computing power to generate promised returns. Instead, they fabricated […]

The FBI’s Operation Level Up has saved over 4,300 potential victims from losing $285 million to cryptocurrency scams, preventing life-altering financial losses and exposing fraudulent platforms. Operation Level Up: Inside the FBI’s Mission to Protect 4,300 From Crypto Fraud The FBI announced on Feb. 13 that Operation Level Up has successfully prevented victims from losing […]

A U.S. representative has slammed President Trump and Elon Musk for dismantling consumer protections, warning they’ve turned crypto into a breeding ground for scams. Elon Musk’s ‘DOGE Bros’ Shutting Down Consumer Protections? Lawmaker Sounds the Alarm U.S. Representative Ayanna Pressley (D-MA) voiced strong concerns over the increasing prevalence of cryptocurrency scams during a House Financial […]

Michael Saylor has met with Salvadoran President Bukele to discuss accelerating global bitcoin adoption as El Salvador strengthens its position, continuing to accumulate bitcoin despite IMF-driven policy adjustments. Michael Saylor Meets Nayib Bukele to Discuss Bitcoin Strategy Michael Saylor, executive chairman of Microstrategy (Nasdaq: MSTR), met with El Salvador’s President Nayib Bukele on Feb. 13 […]

Institutional sentiment toward crypto is “the most bullish I’ve ever seen,” says Bitwise’s CIO, who calls this “arguably the best time in history to invest.” Bitwise: Institutional Money Is Flooding In—Crypto’s Next Leg Up Is Near Matt Hougan, Chief Investment Officer at Bitwise Asset Management, believes the current state of the crypto market presents a […]

The White House’s crypto czar and Crypto Council are driving a market-shifting overhaul, with top officials coordinating and imminent moves set to redefine digital asset regulation. Crypto Czar David Sacks Signals a Market-Altering Crypto Overhaul David Sacks, the White House’s crypto czar, provided an update on digital asset coordination in Washington via social media platform […]

The mere announcement of Trump’s tariffs last week triggered billions in liquidations across the crypto market, reinforcing the sector’s heightened sensitivity to political risk. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the editorial the second it’s finished. Trump’s Economic Moves Make Crypto […]

Bitcoin traded at $97,705 with a market cap of $1.93 trillion and a lower than usual 24-hour trade volume of $15.54 billion, experiencing a quiet session on Saturday, Feb. 15, 2025, within an intraday price range of $97,089 to $97,965. Bitcoin Bitcoin’s daily chart analysis reveals that BTC has been consolidating after a sharp correction, […]

On Valentine’s day, Tigran Gambaryan reiterated claims that rogue Nigerian lawmakers demanded a $150 million bribe in exchange for dropping the case against the cryptocurrency exchange. Fake Meeting Tigran Gambaryan, head of financial crime compliance at Binance, has reiterated the claim that rogue Nigerian lawmakers demanded $150 million in exchange for dropping the case against […]

Blockchain.com, one of the oldest cryptocurrency platforms, has appointed ex-Goldman Sachs and Point72 executives to senior roles as it prepares for a potential initial public offering (IPO), Bloomberg reported Friday. Crypto Pioneer Blockchain.com Taps Finance Veterans Amid Bid to Go Public Founded in 2011 by Ben Reeves, Nicolas Cary, and CEO Peter Smith, Blockchain.com began […]