Japan’s Metaplanet Increases BTC Reserves by $6.7M
Metaplanet purchased an additional ¥1 billion ($6.7 million) worth of Bitcoin, bringing their total BTC holdings to 639.50 BTC, valued at $40.54 million. The Tokyo-based firm’s stock surged over 10% following the announcement. In a statement issued on October 7, Metaplanet disclosed that it had acquired an additional ¥1 billion in Bitcoin, equivalent to 108.786 […]
Telegram to Enable TON-Based NFT Gifts Later This Year
Telegram plans to launch TON-based NFTs for limited-edition animated gifts, allowing users to display, trade, or auction them within and outside the app. These tokenized gifts will be recorded on the TON blockchain and can be exchanged for Telegram’s in-app currency, Stars. TON-based non-fungible tokens (NFT) are set to be supported by the founder of […]
Bitcoin Rises on Positive Economic Data
Following a stronger-than-expected US unemployment report, Bitcoin surged by 5%, reaching $65,580. The drop in unemployment to 4.05% boosted investor optimism, fueling hopes for a year-end rally. Bitcoin (BTC) began the week with a robust advance on Monday morning, rising from approximately $62,000 to $64,000. This increase was compounded by the gains from the weekend, […]
US Court Sentences Crypto Ponzi Scheme Leader to 10 Years
David Carmona, founder of the IcomTech Ponzi scheme, was sentenced to 10 years in prison for defrauding investors through fake crypto mining and trading products. He and others promised guaranteed returns, swindling victims via cash, checks, and cryptocurrencies. David Carmona, the proprietor of the cryptocurrency Ponzi scheme IcomTech, has been sentenced to ten years in […]
US, SEC Support Crypto Sales Lawsuit Against Nvidia in Supreme Court
The U.S. Justice Department and SEC urged the Supreme Court to allow a class action lawsuit against Nvidia, alleging the company misled investors about sales to crypto miners. The United States Justice Department and the Securities and Exchange Commission have informed the Supreme Court that an investor class suit against Nvidia, which alleges that the […]