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Piero Cipollone, a member of the executive board of the European Central Bank (ECB), has voiced concerns over Apple’s current payment system, suggesting that it may not be compatible with a potential digital euro. In a letter addressed to EU antitrust chief Margrethe Vestager dated April 19th, Cipollone highlighted the need for changes in how…
Arthur Hayes, a prominent figure in the cryptocurrency realm, has recently shared his perspectives on the broader macroeconomic landscape, offering insights that suggest a potential strengthening trend capable of further driving the ascent of Bitcoin. In a recent blog post, Hayes drew attention to the looming specter of a sovereign debt bubble, a significant concern…
US prosecutors have recently filed a request for a three-year prison sentence for Changpeng Zhao, the founder of Binance, according to a court filing made on Tuesday. This development comes as Zhao is set to face sentencing on April 30th in Seattle, following his guilty plea in November for violating US anti-money laundering regulations. Despite…
Only1 has recently secured a substantial investment of $5 million with the aim of developing a Web3 platform akin to OnlyFans, but built on the Solana blockchain. The investment is spearheaded by Newman Group, reflecting growing interest and confidence in the potential of decentralized adult content platforms. This strategic move by Only1 is motivated by…
The recent apprehension of Nadeem Anjarwalla, a Binance executive facing charges in Nigeria, marks a significant development in a high-profile legal saga that has captivated international attention. Anjarwalla’s journey from escapee to fugitive has come full circle with his recent arrest in Kenya, underscoring the complexities and challenges inherent in extraditing individuals accused of transnational…
As Mt. Gox traverses the closing stages of its protracted journey towards compensating creditors, anticipation and scrutiny intensify surrounding the latest developments in the compensation process. A report disseminated on Reddit on April 21st sheds light on the forthcoming disbursement plans, offering a glimpse into the scale and scope of the compensation efforts orchestrated by…
In a recent post on X, CEO Mike Cagney of Figure made a significant announcement regarding the upcoming auction of locked Solana tokens by the FTX estate. This development marks a pivotal moment in the journey of these eagerly awaited tokens, which have been the subject of much anticipation and speculation within the cryptocurrency community….
SafeMoon’s CEO, John Karony, utilized the platform X, formerly known as Twitter, on April 21st as his stage to vehemently assert his innocence in the face of grave accusations. These allegations stemmed from charges laid by U.S. officials, accusing Karony of involvement in a sprawling multi-million-dollar cryptocurrency scheme, a development that unfolded in November of…
Presidential hopeful Robert F. Kennedy Jr. is passionately advocating for a monumental overhaul of the US budgetary framework, championing the adoption of blockchain technology as the cornerstone of this transformative endeavor. Kennedy Jr. unveiled his ambitious vision during a fervent campaign rally held in Michigan on April 21st, where he articulated his belief that this…
Drawing insights from on-chain data, let’s delve into the current scenario regarding the unrealized profit held by different groups of Bitcoin whales and miners. Comparing Profits of Bitcoin Whales and Miners Across Different Groups In a recent article on X, Ki Young Ju, the founder and CEO of CryptoQuant, delved into the analysis of total…