Former FTX CEO Sam Bankman-Fried is rumored to be in line for a Presidential pardon before January 20. The rumors became rife after Wall Street Mav hinted in a tweet about a presidential pardon going the way of one of the Democrat’s top donors. Things started to become clear when billionaire Elon Musk claimed he’d be shocked if it didn’t happen.

Bankman-Fried is currently serving time in a federal prison in Mendota, serving his 25-year sentence for his part in the collapse of the crypto firm. H

North Korean hackers have lost more than $700,000 trading on the exchange Hyperliquid. According to sources, the flagged addresses linked to the hackers have been carrying out trading activities on the exchange, with most leading to losses. The losses have raised red flags, with most experts thinking that the hackers are positioning themselves to breach the platform.

According to a Chinese correspondent Colin Wu, a user on microblogging platform X, alerted the Hyperliquid team to the developmen

Tokyo-based Metaplanet Inc. has significantly increased its Bitcoin holdings with a purchase valued at 9.5 billion yen. 

This acquisition, the largest single Bitcoin purchase in the company’s history, involved 619.70 BTC bought at an average price of 15,330,073 yen per Bitcoin. The announcement was made on December 23, 2024, highlighting the company’s growing focus on Bitcoin Treasury Operations.

Metaplanet boosts Bitcoin portfolio to 1,761.98 BTC

With this latest transaction, Metaplanet now

Australian financial expert Scott Pape, known as the Barefoot Investor, has uncovered a sophisticated DeFi scam involving the use of his stolen identity. 

Pape revealed how scammers exploited his name and image to deceive his followers into fraudulent cryptocurrency schemes. Taking matters into his own hands, Pape and his team have been actively working to expose these operations while reporting hundreds of fake Facebook groups involved in such scams.

Scammers use fake profiles and groups to t

Germany’s DekaBank has secured a big one, bagging a license to offer crypto custodial services from the European Central Bank (ECB) and the country’s regulator, BaFin. The license was approved under the Banking Act (KWG), and it puts DekaBank in a category with Commerzbank as the only financial institution operating in the space.

However, one cannot get too excited considering the fact that Germany is one of the countries where rules and regulations are their bread and butter. BaFin has granted

Afghanistan’s Taliban have started trading crypto despite placing a nationwide ban on the assets. The group, known for their heavy-handedness in interpreting Islamic laws has been trading meme coins, including Shiba Inu, and Dogecoin. The group labeled the asset as haram post-2021 after seizing the government. However, it seems they have been dabbling in it, with all indications pointing to gains.

Afghanistan’s economy has been in disarray since the Taliban took over after the democratically el

Richard Heart, the founder of the cryptocurrency project Hex, is now wanted by Interpol following allegations of tax fraud and assault. Heart, whose real name is Richard Schueler, is the subject of an Interpol Red Notice, which signifies that he is provisionally wanted globally. 

While the notice does not serve as an international arrest warrant, it allows law enforcement agencies worldwide to locate and detain him. Finnish authorities are actively pursuing Heart as part of their investigation

According to federal prosecutors, two men from California, Gabriel Hay, 23, of Beverly Hills, and Gavin Mayo, 23, of Thousand Palms, have been accused of orchestrating a $22 million cryptocurrency scam. 

The pair allegedly targeted unsuspecting investors through fraudulent crypto and NFT schemes, promising significant returns but ultimately abandoning the projects after collecting funds.

Accusations of Fraudulent Crypto Projects

Prosecutors allege that Hay and Mayo carried out their scheme be

The People Events is proud to announce the much-anticipated Annual FinTech Summit 2025, scheduled to take place from February 26th to February 28th, 2025 in Holiday Inn Singapore Atrium, Singapore. This three-day conference is set to bring together leading innovators, disruptors, policymakers, and industry experts from around the globe to explore the latest trends, challenges, and opportunities shaping the future of financial technology.As one of the most significant events in the FinTech calend

Leading Web3 Marketing Agency, EAK Digital, is proud to announce that Turkey’s premier Web3 and Blockchain event, Istanbul Blockchain Week, will return for its fourth edition on the 26th-27th June 2025, at the Hilton Istanbul Bomonti Hotel and Conference Center in Istanbul.

With the Turkish Capital Markets Board (CMB) set to issue coveted licenses to blockchain and crypto projects this year, Istanbul Blockchain Week 2025 (IBW) is set to herald a new and exciting era of web3 in Turkey.  

Some o

Former BitMEX CEO Arthur Hayes has sold $8.4 million worth of ENA tokens hours after praising the project. The move has got the entire market talking, especially with the words of praise, ‘Ethena is impressive,’ coming two hours after he made the large sale on Binance.

Hayes stacked up his ENA holdings between November 26 and 28, accumulating 16.79 million ENA tokens. The tokens were worth $0.67 at the time, putting the total at a cumulative $11.21 million at the time. Now, his position has imp

Cardano founder Charles Hoskinson has made a renewed interest in purchasing news outlet CoinDesk. This renewed interest came after the platform’s issues, with Hoskinson making jest of their operations with the new potential bid. In a recent post, the Cardano founder replied to a user’s tweet about the outlet’s issues, with Hoskinson asking for the firm’s current valuation.

In his tweet, he reminisced about his desire to buy the news outlet, asking about its price now. “Remember when we thought

Luigi Mangione, the alleged shooter of UnitedHealth Group CEO Brian Thompson, is now being held at the Metropolitan Detention Center in Brooklyn, New York. 

Mangione, arrested after a nationwide manhunt, has reportedly been placed in the same facility as former FTX CEO Sam Bankman-Fried and music producer Sean “Diddy” Combs. Both men face high-profile legal battles, making the detention centre a hub of significant cases.

Mangione is held in solitary confinement

Mangione, charged in the murder

The U.S. Securities and Exchange Commission (SEC) has imposed a $123 million fine on Tai Mo Shan Limited, a subsidiary of Jump Crypto Holdings, for its role in misleading investors about the stability of TerraUSD. 

The firm also faced charges of conducting unregistered securities transactions linked to the sale of LUNA, a token issued by Terraform Labs.

Allegations of fraud and investor deception

According to the SEC, Tai Mo Shan used deceptive practices to stabilize TerraUSD, a so-called alg

Pepeto’s Journey and Utility: A Revolutionary Path for Memecoin Adoption?

Pepeto, revered as the God of Frogs, distinguishes itself in the memecoin universe with a narrative that goes far beyond simple hype. Its compelling tale follows the collection of six legendary documents—P, E, P, E, T, and O—that symbolize Power, Energy, Precision, Efficiency, Technology, and Optimization. These core principles serve as the backbone of Pepeto’s cutting-edge ecosystem, designed to support and integrate fut

El Salvador has increased its national crypto reserve, adding 11 Bitcoin worth over $1 million. The latest purchase puts the country’s entire Bitcoin cache at 5,980 BTC. The recent purchase is also after the country’s fresh $1.4 billion loan from the International Monetary Fund (IMF). The loan, however, didn’t come without promises of the country relaxing some of its crypto policies.

One such policy concerns its national crypto wallet, Chivo. The country has agreed to discontinue or sell its na

Hut 8 corporation recently acquired 990 Bitcoin at $100 million, putting the value of its entire cache just above $1 billion. With the purchase, the firm has entered into a league of the highest Bitcoin holders in the world. Despite its legal tussle with J Capital Research over allegedly overstating its Bitcoin deals, the firm sees the purchase as the right move to aid growth.

The company‘s total Bitcoin is 10.096, buying each at an average cost of $24,484 per BTC. The company feels that the pu

Virturo, a trailblazer in online trading, is transforming CFD crypto trading by merging advanced technological solutions with the insights of experienced professionals. Celebrated with the Finance Feeds Awards 2023 for Outstanding Multi-Asset Trading Platform and the Fund Intelligence Operations and Services Awards 2023 for Best Cryptocurrency Trading Platform, Virturo continues to set the gold standard in the trading industry.

Innovation Backed by Expertise

Virturo stands out with its AI-powe

Ethereum’s price has seen a sharp downturn recently, pushing some of the cryptocurrency’s largest holders to liquidate substantial amounts of their ETH to cover debts. 

The cryptocurrency has dropped 18.35% from its Monday high of $4,109, forming a bearish engulfing pattern on its daily chart. At the time of writing, Ethereum is trading at $3,390, with a notable 7% decline over the past 24 hours. Trading activity has surged by 14%, reflecting heightened market participation amid the sell-off.

Vivek Ramaswamy’s official X account, which is co-leader of the U.S. government’s Department of Government Efficiency (D.O.G.E.), was reportedly hacked and used to spread false information. 

The compromised account announced a fraudulent partnership with USUAL, a fiat-backed stablecoin issuer, claiming it would help reduce the federal fiscal deficit through crypto initiatives. The fake news led to a temporary surge in the price and market cap of USUAL before the misinformation was debunked.

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