Cryptocurrency Market

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  • BTC Dominance: 56.56%

News Bytes – 2

man-pleads-guilty-in-meijer-loyalty-program-fraud-case,-forfeits-crypto

Man Pleads Guilty in Meijer Loyalty Program Fraud Case, Forfeits Crypto

Nicholas Mui, 22, from Grand Haven, Michigan, has pleaded guilty in the 17th Circuit Court in Kent County to conducting a criminal enterprise, involving the theft and sale of Mperks account access information. Mui is required to forfeit his computer tower and approximately $630,000 in frozen cryptocurrency and cash. He compromised Mperks, a loyalty program […]

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judge-refers-craig-wright-for-criminal-prosecution-in-bitcoin-case

Judge Refers Craig Wright for Criminal Prosecution in Bitcoin Case

Craig Wright has been referred for criminal investigation in Britain for alleged perjury. Wright claimed to have authored the foundational 2008 Bitcoin white paper under the pseudonym “Satoshi Nakamoto.” He pursued litigation globally, including in the UK and the U.S., asserting his claim. The Crypto Open Patent Alliance, including Block, founded by Twitter’s Jack Dorsey,

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cambodian-firm-receives-$150k-in-crypto-from-north-korean-hackers

Cambodian Firm Receives $150K in Crypto From North Korean Hackers

A major payments firm in Cambodia, Huione Pay, received over $150,000 in cryptocurrency from a digital wallet used by the North Korean hacking group Lazarus, according to blockchain data reviewed by Reuters. The crypto was sent to Huione Pay between June 2023 and February 2024 from a wallet linked to funds stolen from Atomic Wallet,

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australian-court-convicts-bitconnect-promoter-for-providing-unlicensed-advice

Australian Court Convicts Bitconnect Promoter for Providing Unlicensed Advice

John Bigatton, the Australian promoter of Bitconnect, has been convicted by the Sydney District Court for providing unlicensed financial advice, violating section 911B(1) of the Corporations Act 2001, the Australian Securities and Investments Commission (ASIC) announced Monday. Between August 2017 and January 2018, Bigatton promoted Bitconnect through seminars and social media, claiming significant returns on

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guernsey-post-to-launch-limited-edition-crypto-stamps

Guernsey Post to Launch Limited Edition Crypto Stamps

Guernsey Post, the postal service for the island of Guernsey in the Channel Islands, is set to become the first postal operator in the British Isles to introduce crypto stamps, merging traditional stamp collecting with digital non-fungible tokens (NFTs). Launching later this month, these limited-edition, non-postage crypto stamps will feature the Golden Guernsey Goats, Billy

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global-crypto-advocacy-movement-reaches-canada

Global Crypto Advocacy Movement Reaches Canada

Stand with Crypto, a global movement advocating for sensible crypto innovation and policy, has expanded to Canada. Originating in the U.S. with over 1.1 million advocates, the movement is now active in the UK and aims to amplify Canadian voices. With approximately 5 million crypto holders in Canada, there is significant support for blockchain technology

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kraken-becomes-official-crypto-partner-of-spain’s-iconic-football-club-atletico-de-madrid

Kraken Becomes Official Crypto Partner of Spain’s Iconic Football Club Atlético de Madrid

Cryptocurrency exchange Kraken announced its partnership with Atlético de Madrid, one of Spain’s most iconic football clubs, on Wednesday. Starting with the 2024 season, Kraken will be the Official Crypto and Web3 Partner and the Official Sleeve Partner for all Atlético de Madrid men’s and women’s football shirts. This collaboration aims to merge the worlds

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sec-secures-default-judgments-in-$45-million-coindeal-fraud-case

SEC Secures Default Judgments in $45 Million Coindeal Fraud Case

The U.S. Securities and Exchange Commission (SEC) announced this week that the U.S. District Court for the Eastern District of Michigan has issued default judgments against Garry Davidson and Linda Knott for their involvement in a fraudulent $45 million Coindeal scheme. Davidson and Knott were accused of deceiving investors with false promises of significant returns

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microstrategy-announces-10-for-1-stock-split-to-make-mstr-more-accessible-to-investors

Microstrategy Announces 10-for-1 Stock Split to Make MSTR More Accessible to Investors

Microstrategy Inc. (Nasdaq: MSTR) announced a 10-for-1 stock split of its Class A and Class B common stock on Thursday, aiming to make its stock more accessible to investors and employees. This stock split will be executed via a stock dividend for shareholders of record as of Aug. 1. Each holder of Class A and

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lithuania-fines-crypto-firm-$10m-for-russian-sanctions-violations

Lithuania Fines Crypto Firm $10M for Russian Sanctions Violations

The Lithuanian Financial Crime Investigation Service (FNTT) has fined the crypto firm Payeer nearly 9.3 million euros ($10 million) for international sanctions violations and anti-money laundering (AML) breaches. Specifically, Payeer was fined 8.23 million euros for facilitating transactions in Russian rubles through its platform, involving sanctioned Russian banks and clients. Additionally, a 1.06 million euro

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