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Posted on 20/10/2023

Winklevoss-owned crypto firm hit by lawsuit alleging it defrauded investors of $1 billion

Gemini, a cryptocurrency exchange helmed by the infamous Winklevoss twins, just got hit with a lawsuit alleging that it defrauded investors. The suit was brought forth by New York Attorney General Letitia James,

Posted on 20/10/2023

BlackRock, JPMorgan crypto bull run could push bitcoin price to $200,000

Large financial institutions are investing in crypto and setting the groundwork for a new bitcoin price all-time high.

Posted on 20/10/2023

Crypto Needs to Fend Off Stigma Caused by FTX. Meaningful Regulation Could Help

In recent years, crypto ceased being a fringe financial tool and nudged its way closer to the mainstream thanks to a slew of celebrity endorsements, Super Bowl ad blitzes and the 2021 IPO of Coinbase,

Posted on 20/10/2023

U.S. lawmakers are taking aim at digital assets’ role in the Israel-Hamas war. A new report urges caution in linking crypto to terrorism

While a group of U.S. lawmakers have called for a crackdown on cryptocurrencies amid the ongoing conflict between Hamas and Israel, a new report cautions that some of the alleged links between cryptocurrencies and terror cells are misleading or overstated.

Posted on 20/10/2023

The Winklevii’s Next Act Is Getting Sued for Crypto Fraud By New York State

New York AG Tish James sues the Winklevii’s crypto exchange and CoinDesk’s parent company for defrauding 23,000 people

Posted on 20/10/2023

Miami husband, father, fake crypto bro ‘Brody’ pulled a $988,000 stock and crypto fraud

Despite the investing red flags in the two sentences above, over two years people sent $988,895 in cash and crypto to Crawford, aka “Brody,” that he invested in his own good time, ‘including spending victim funds on luxury car rentals and gambling at casinos.

Posted on 20/10/2023

U.S. Cites Hamas in Broad Sanctions Against Foreign Crypto Mixers

The Biden administration is set to sanction a swath of the financial sector Thursday by categorizing international “mixers,” cryptocurrency exchanges that provide customers anonymity, as money-laundering hubs that threaten national security.

Posted on 20/10/2023

Treasury imposes sanctions on Hamas-linked crypto exchange, financiers

The Treasury Department on Wednesday sanctioned two senior Hamas officials along with a Gaza Strip-based crypto exchange and its operators as well as six individuals who help manage the militant group’s investment portfolio across Gaza,

Posted on 20/10/2023

Exclusive: Japan’s JFE Steel eyes stake in Teck’s coal business -sources

Japan's JFE Steel Corp is in talks to invest in the metallurgical coal business of Canada's Teck Resources , two people aware of the development told Reuters. ( read original story ...)

Posted on 20/10/2023

GM, Cruise, Honda joint-venture to launch self-driving ride-hail service in Japan in 2026

General Motors Co., Honda Motor Co. and GM's self-driving unit Cruise LLC are planning to launch autonomous vehicle service in Japan in early 2026, the companies said late Wednesday. The companies ... ( read original story ...)

Posted on 20/10/2023

This Tokyo ‘masterpiece café’ is a step back in time for classical music lovers

Within the bustling Shibuya district lies a unique time capsule. The Lion Café is one of Tokyo’s oldest remaining meikyoku kissa, or masterpiece cafes. It opened its doors in 1926 and for almost a century has dedicated itself to the experience of listening to classical music. ( read original story ...)

Posted on 20/10/2023

CNBC feature details former Athens resident James ‘Jimmy’ Zhong’s $3 billion crypto fraud

A new CNBC feature details the saga of James 'Jimmy' Zhong, who was convicted of wire fraud after making billions off stolen Bitcoin.

Posted on 20/10/2023

Doge Uprising ($DUP) Announces Presale Launch: A Trailblazing Crypto Project Uniting Manga, Web3, Smart Staking, and NFTs

Doge Uprising ($DUP) is a brand new crypto presale set to make its mark in Q4. This project stands out from the crowd with its unique features. Its detailed roadmap paints a vibrant picture of a Web3 universe enriched by an exclusive NFT collection and an interactive manga series.

Posted on 20/10/2023

SynFutures raises $22 million Series B, bucking ‘crypto winter’

Amid a global slowdown in venture investments for crypto projects, some companies continue to buck the trend. Pantera Capital led the round, with participation from Susquehanna International Group (SIG) and HashKey Capital.

Posted on 20/10/2023

Patrick McHenry might be the House speaker that crypto needs

Crypto and crypto investors don't have a lot of heroes right now, but one of them seems poised to become one of America's most powerful politicians. McHenry has a lengthy history of interest in crypto and other financial technologies,

Posted on 20/10/2023

What Crypto Can Learn From Regulatory Overhauls at PayPal, Robinhood and Revolut

Concerns that over-regulation can stifle innovation and hinder the growth of Web3 are valid. But proper rules and laws can equally save and supercharge crypto. This op-ed is part of CoinDesk's State of Crypto Week sponsored by Chainalysis.

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