Toncoin Crash Following Pavel Durov’s Arrest Warns of Another 13% Slip – The Crypto Basic
TONCOIN has fallen for three consecutive days and is under extreme selling pressure, warning of a prolonged decline. Will TONCOIN’s decline bottom out before $5? The sudden arrest of Telegram CEO Pavel Durov at a French airport over the weekend has caused the price of the TON token to crash. Since the arrest, TON’s market […]
Crypto firms made nearly half of corporate donations in 2024 election: report
Cryptocurrency companies accounted for nearly half of all corporate donations in the 2024 presidential election, according to a report, sparking criticism of the industry’s growing influence. Crypto companies have donated more than $119 million in political contributions, most of which have gone to nonpartisan super PACs focused on electing pro-crypto candidates. According to a report […]
Crypto industry accounts for almost half of corporate donations in 2024 election, report says – CNBC
US Vice President and Democratic presidential candidate Kamala Harris speaks at a campaign rally in Milwaukee, Wisconsin, USA, August 20, 2024. Marco Bello | Reuters As the 2024 US election reaches its final stages, cryptocurrency companies are pouring money into trying to influence the outcome. Nearly half of the corporate money flowing into elections comes […]
Ex-bank CEO Shan Hanes sentenced 24 years for crypto scheme
The former CEO of a small Kansas bank has been sentenced to more than 24 years in prison for stealing a massive $47 million from which he never profited, according to court documents. Federal prosecutors say former Heartland Tri-State Bank CEO Shan Haines was tricked by con artists in a “pig slaughter” scheme, conning him […]
Trump promotes family crypto ‘The DeFiant Ones’ on Truth Social
Former President Donald Trump promoted his family’s upcoming cryptocurrency platform, “The DeFiant Ones,” in a Truth Social post on Thursday. Trump shared the post with his 7.5 million followers on Thursday morning. Donald Trump Jr. shared with his 12 million followers on X Less than 30 minutes later. “For too long, average Americans have been […]
Trump announces new crypto project
Former President Trump announced a new cryptocurrency project called “The DeFiant Ones” on Thursday, but provided few details about the venture. “For too long, average Americans have been oppressed by big banks and the financial elite. Now is the time for us to stand up together,” the former president wrote on his platform, Truth Social, […]
Wannabe pol, crypto booster Michelle Bond busted for campaign finance fraud
A losing candidate for Congress in Long Island was arrested Thursday after prosecutors accused him of illegally funneling $400,000 into his campaign coffers from FTX, the notorious cryptocurrency exchange where his girlfriend worked as a top executive. Michelle Bond, 45, was hired by her boyfriend, Ryan Salameh, an executive at the then-fast-growing Bahamas-based company FTX, […]
Crypto industry spending 'unprecedented' money on 2024 election: Report
The crypto industry has spent more than $119 million on the 2024 federal elections to boost crypto-friendly candidates and defeat crypto skeptics, a research firm said. A new report from Public Citizen. This “unprecedented” spending accounts for nearly half, or 48 percent, of all money given by corporations to this year’s elections, according to a […]
McDonald’s Instagram page hacked in $700K fake crypto scheme
Cryptocurrency hackers claim to have broken into McDonald’s official Instagram account and used it to promote a fake digital currency, making off with $700,000 in stolen money. Screenshots circulating online show the caption on McDonald’s Instagram page has been changed to read: “Sorry Ma Naga. Just got scammed by India_X_Kr3w. Thanks Solana for the $700,000.” […]
XRP Could See Massive 11,745% Increase in Weeks, Says Top Analyst – The Crypto Basic
Prominent analysts are predicting that XRP will form a huge green candle in the coming weeks, boosting its value by 11,745%, but skepticism is also growing. A week has passed since the conclusion of the 3.5+ year long litigation surrounding XRP and Ripple, and the price of XRP remains stable at around $0.56. XRP has […]