Trump’s penchant for digital assets is no secret. However, the scale of his investments is considerable, as a new infographic from Cryptonews shows. Donald Trump’s personal crypto wealth has now already exceeded the $1.2 billion mark. According to the Democratic Caucus on the U.S. Congressional Financial Services Committee, Trump has systematically worked in recent months…
Rowland Marcus Andrade, founder and CEO of NAC Foundation, has been sentenced to seven years in federal prison for wire fraud and money laundering linked to the cryptocurrency project AML Bitcoin. Key Takeaways: AML Bitcoin founder Rowland Marcus Andrade received a seven-year prison sentence for wire fraud. Andrade misled investors with false claims, including a…
Algeria has enacted a new legislation that makes all activities related to digital assets illegal under national law. Key Takeaways: Algeria has criminalized all crypto-related activities, including mining and trading. Offenders face prison sentences and heavy fines under the new law. The legislation aims to protect the financial system and aligns with global anti-money laundering…
Nancy Jones, the widow of country music legend George Jones, was allegedly scammed out of $17 million worth of XRP, according to a new report from Nashville media outlet WKRN. George Jones Widow Files Theft Report Over Stolen Crypto The July 25 report states that Jones’ 58-year-old ex-boyfriend, Kirk West, was taken into custody at…
A major whale investor has triggered a devastating 20% price collapse in FARTCOIN after liquidating over 3 million tokens valued at $3.65 million, raising serious questions about the memecoin’s ability to achieve its $2 psychological target. Blockchain data from Solscan reveals that the whale operating under Solana address “24BLFj” initially accumulated 8.89 million FARTCOIN tokens…
Amsterdam-based crypto derivatives exchange D2X has secured €4.3 million in fresh funding from a lineup of heavyweight backers, including CMT Digital, Circle Ventures, and Canton Ventures. Key Takeaways: D2X has raised €4.3M to expand its institutional crypto derivatives platform. The exchange operates under a MiFID-regulated license. D2X offers seven-day trading for BTC and ETH futures….
The Hong Kong Monetary Authority (HKMA) announced Tuesday, it has officially launched its long-anticipated licensing regime for stablecoin issuers, with new guidelines set to come into effect August 1. The move latest update shows Hong Kong’s intention to regulate the growing stablecoin sector, offering clarity for market participants while reinforcing investor protection and financial integrity….
Iranian officials have raised concerns over the rising strain crypto mining is placing on the nation’s electricity grid, claiming that the activity now contributes to as much as 20% of the country’s energy imbalance. Key Takeaways: Iranian officials say crypto mining now contributes up to 20% of the country’s electricity shortfall. Over 900,000 illegal mining…
World Liberty Financial, a crypto project linked to U.S. President Donald Trump, has continued its aggressive Ethereum accumulation strategy, purchasing another $1 million worth of ETH. According to data from Akhram, the platform acquired 256.75 ETH at an average price of $3,895 in a transaction carried out roughly 23 hours ago. Source: Akhram World Liberty…
Ethereum is on the spotlight as BitMine Immersion Technologies stock took a sharp hit on Monday, falling over 25% despite a fresh round of bullish messaging from Tom Lee of FundStrat. Investors seemed unconvinced by the plan to make BitMine a major holder and staker of Ethereum. The dip came after shares slid over 10%…