After being released from prison, Pavel Durov, the CEO of Telegram, is now under judicial supervision with strict conditions imposed on him. These conditions include posting a €5 million bond, remaining within French territory, and checking in with the police station twice a week. The Paris Judicial Court has formally charged Durov with six offenses,
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The much-anticipated 2024 bitcoin bull run has not lived up to expectations, despite the asset reaching a new all-time high earlier in the year. The initial excitement stemmed from the greenlighting of spot BTC ETFs in the US in January, with hopes of a spectacular rally to the $100,000 mark after the halving. However, the
The US government has responded to former FTX executive Ryan Salame’s attempt to void his guilty plea, asserting that his claims of false promises from prosecutors are unfounded. The US Attorney’s Office has stated that Salame’s allegations are “demonstrably false” and have emphasized that the charges against Salame’s partner, Michelle Bond, are separate and ongoing.
Cryptocurrency analyst @XForceGlobal recently shared a video chart analysis focusing on Cardano (ADA), a digital asset that some are referring to as a “dinosaur coin” in the current market landscape. The analysis delves into Cardano’s position within the Elliott Wave cycle, suggesting a potential strong upward trajectory in the near future. XForceGlobal drew comparisons between
The FBI has recently announced a groundbreaking decision to utilize Non-Fungible Tokens (NFTs) to return $1.14 million to victims of the CluCoin fraud scheme. This marks a significant departure from traditional methods of victim contact and restitution in cases of financial crime. By leveraging NFTs, the FBI aims to streamline the recovery process for victims
In a surprising turn of events, Cardano (ADA) has been dethroned from the coveted top 10 cryptocurrencies by market capitalization. Tron (TRX) has taken its place, signaling a notable shift in the crypto market landscape. The decision was based on data from CoinMarketCap, revealing that Cardano’s market capitalization had dwindled to around $12.3 billion, pushing
Last night at a Crypto4Harris event, Senate Majority Leader Chuck Schumer and other prominent Democrats came together to express their strong support for crypto regulation. They emphasized the crucial need for regulatory clarity in shaping the future of the industry. Schumer highlighted the responsibility of Congress to enact common-sense regulations for crypto, with the goal
Sui (SUI) has witnessed a staggering 70% weekly increase in its price, following the launch of Grayscale’s Sui Trust. This surge in value has positioned SUI as one of the leading cryptocurrencies in the market, with a daily increase of over 9% as well. Trading at approximately $1, SUI has caught the attention of many
Brazil’s Securities and Exchange Commission (CVM) recently made headlines by approving the country’s very first Solana-based exchange-traded fund (ETF). This move positions Brazil ahead of other countries, including the United States, where the process of approving Solana ETFs is still in its early stages with uncertain outcomes. This approval signifies a significant step forward for
Ronaldo, an experienced crypto enthusiast, has spent over five years immersing himself in the world of cryptocurrencies. What began as a spark of curiosity has evolved into a deep passion for understanding the intricacies of this groundbreaking technology. His dedication to extensive research and staying up-to-date with the latest developments has granted him a unique