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Heather Morgan Sentenced To 18 Months Jail For Bitfinex Hack

The US Department of Justice arrests couple in connection with the 2016 Bitfinex hack and recovers $3.6B in crypto

Amid crypto security challenges, Heather Morgan was sentenced to 18 months for laundering $4B in stolen Bitcoin from the 2016 Bitfinex hack. Heather Morgan, also known by her rap alias “Razzlekhan,” was sentenced to 18 months in prison by a federal court in Washington, D.C., for her involvement in laundering funds associated with the 2016 […]

MicroStrategy To Raise $1.75B Through PO To Buy More BTC

MicroStrategy intends to issue $1.75 billion in Convertible Senior Notes through Private offering to maintain its Bitcoin acquisition strategy. MicroStrategy Inc ., an American software and business intelligence company, has disclosed its intention to offer its Convertible Senior Notes to the public for a maximum of $1.75 billion. Subject to market conditions, the organization intends […]

Semler Scientific Buys 215 More Bitcoin 

Semler Scientific Buys 215 More Bitcoin 

The medical equipment manufacturer Semler Scientific has provided investors with an update on its Bitcoin holdings.  It currently has $114 million in Bitcoin. Semler paid $17.7 million, or $82,502 per Bitcoin, for 215 Bitcoin between November 6 and November 15. According to a press statement, the corporation currently has 1,273 Bitcoins, which were acquired for […]

Goldman Sachs to Spin Out Crypto Platform 

Goldman Sachs to Spin Out Crypto Platform 

As the use of cryptocurrencies in the United States increases, Goldman Sachs is in negotiations to turn its digital asset platform into a stand-alone business.  Bloomberg claims that as part of its strategy to reach a wider audience with its blockchain infrastructure products, Goldman Sachs has enlisted the help of a number of industry participants. […]

Pump.fun Fee Account Sells $25m SOL

Pump.fun Fee Account Sells $25m SOL

Pump.fun, a meme coin launch platform, sold more Solana tokens generated in fees. Lookonchain, a blockchain data monitoring platform , announced on November 18 that Pump.fun has sold 105,000 Solana tokens. Lookonchain said on X that the offloaded tokens, which at the time amounted over $25 million, originated from the meme factory’s fee account. The […]