Nasdaq-listed Semler Scientific Now Holds 828 Bitcoin
Semler Scientific, a Nasdaq-listed medical manufacturer, decided to add Bitcoin (BTC) to its treasury last month. It now holds 828 BTC and has plans to purchase more Bitcoins. On June 6, the organization disclosed its most recent Bitcoin acquisition in an S-3 filing to the United States securities regulator. It currently possesses 828 Bitcoin, collectively […]
Investors File First Civil Suit Against JPEX Exchange
Two individuals have initiated a civil lawsuit against JPEX, a cryptocurrency trading corporation, and other defendants. This is the first lawsuit in the case, and additional lawsuits are expected. In Hong Kong district court, Herbert Lam Sung-him and Chan Wing-yan are each seeking $236,500, according to the South China Morning Post. The pair submitted three […]
Kraken Reportedly Prepares for Funding Round Ahead of Possible IPO
Kraken cryptocurrency exchange is purportedly contemplating a funding round to generate over $100 million for the company in anticipation of a potential initial public offering (IPO). Kraken was contemplating a funding round anticipated to generate over $100 million by 2025, according to a Bloomberg report on June 6 that cited individuals with knowledge of the […]
FBI Warns of Fake Work-from-home Jobs Stealing Crypto
The United States Federal Bureau of Investigation (FBI) warns job seekers not to fall for “work-from-home” job scams and that it may be a plan to steal crypto. The FBI issued a warning on June 4 regarding increased fraudulent employment advertisements for work-from-home positions. The scammers will approach their prospective victims with unsolicited calls or […]
Nigerian Minister Defends Binance Exec Prosecution Amid Criticism
The Nigerian Minister of Information, Mohammed Idris, said the country’s legal procedures are being followed in the trial of Binance and its executives despite criticism from US Lawmakers. According to the statement, Idris reportedly stated that the legal proceedings have adhered to due process at every stage, and prosecutors are confident in their case due […]