Wilmington entrepreneur initiates legal action regarding suspected $60 million cryptocurrency scam
Investment Lawsuit Filed Against Cryptocurrency Fund WILMINGTON, N.C. – A local businessman from Wilmington, along with his electric company, is spearheading a proposed nationwide class-action lawsuit against a cryptocurrency fund. They allege that the absence of proper financial safeguards led to an insider embezzling nearly $60 million in investor funds. The lawsuit was submitted on […]
Head of Polish Olympic Committee arrested for connections to defunct cryptocurrency company
Detention of Polish Olympic Committee President in Crypto Fraud Investigation Radosław Piesiewicz, the president of the Polish Olympic Committee (PKOl), has been arrested as part of an investigation into Zondacrypto, a cryptocurrency company that fell apart earlier this year and was a key sponsor of Poland’s Olympic team. This news follows a day after Waldemar […]
Kalshi traders believe there is a low chance that a significant cryptocurrency bill will be enacted this year.
Cryptocurrency Legislation Faces Uncertainty A significant piece of legislation aimed at creating a regulatory framework for cryptocurrencies may not pass before the year ends, according to traders on Kalshi. The Digital Asset Market Clarity Act, which gained bipartisan support in the House last July, is scheduled for a procedural vote in the Senate on September […]
Trump holds a White House summit on cryptocurrency to promote the CLARITY Act bill
White House Meeting on Cryptocurrency Regulations On Wednesday, President Donald Trump along with leading financial regulators met with significant figures from the cryptocurrency and digital assets sectors at the White House, signaling that a major legislative goal is nearing completion. Cody Carbone, the CEO of The Digital Chamber, was present at the meeting and shared […]
Trump invites cryptocurrency and finance leaders to the White House, urging Congress to approve the Clarity Act.
Trump Advocates for Transparency in Digital Asset Regulation On Wednesday, President Donald Trump gathered key figures from the cryptocurrency and financial sectors at the White House. His aim? To persuade Congress to advance the Digital Asset Market Transparency Act, which aims to establish a comprehensive regulatory framework for digital assets. Among those in attendance were […]
Witkoff and the Trump family’s cryptocurrency business support an AI project associated with limited Chinese firms.
World Liberty Financial’s Troubling AI Venture World Liberty Financial, a cryptocurrency firm co-founded by Alex and Zach Witkoff—who are the sons of billionaire Trump advisor Steve Witkoff, along with ties to the Trump family—reportedly has stakes in a Hong Kong-based artificial intelligence (AI) project that has connections to Chinese firms subject to U.S. government regulation. […]
Trump-associated World Liberty cryptocurrency project receives initial approval from currency regulator
OCC Grants Preliminary Approval to National Trust Bank with Ties to Trump Family The Office of the Comptroller of the Currency (OCC) announced on Friday that it has given preliminary conditional approval to National Trust Bank, which is partnering with World Liberty Financial, a cryptocurrency initiative partly owned by the family of former President Donald […]
Solana Has the Potential to Be the ‘Everything Chain’ as Cryptocurrency Applications Become Popular
Simply put Mike Dudas, co-founder of Sixman Ventures, believes Solana has a unique advantage in attracting mainstream users because it enables transactions, payments, and settlements within a single ecosystem. He suggests that networks supported by companies like Coinbase’s Base and Robinhood’s blockchain might feel compelled to guide users towards fee-generating offerings. This perspective aligns with […]
Hawaii’s new law prohibiting cryptocurrency ATM deposits will go into effect on October 1.
New Hawaii Law Targets Crypto ATM Scams HONOLULU – Starting October 1, a new state law will prohibit the use of cash deposits at virtual currency kiosks to prevent scams. However, those with existing accounts will still be able to convert cryptocurrencies to cash and make withdrawals. AARP and other consumer advocacy groups highlight FBI […]
Crypto Update for July 15: Bitcoin Approaches $65,000 as Cryptocurrency Rises on Lower Inflation Figures
Crypto Market Update – July 15 As of the evening of July 15th, Bitcoin (BTC) saw a slight increase of 0.6%, valued at $64,939.64. Meanwhile, Ethereum climbed 2.6% to reach $1,923.23, and Solana rose 0.3%, now priced at $77.35. Today’s Highlights Today’s shift in prices shows Bitcoin has decreased by 0.25%, settling at $64,559.00, with […]