A Russian national has been sentenced to prison for using cryptocurrency to financially aid the Ukrainian armed forces. This is the first publicly known case in Russia of the use of digital currency to finance a military group. Crypto funding of the Ukrainian army A resident of the Mirninsky district of Yakutia was sentenced to…
Published on January 19, 2025 at 05:46 IST Donald Trump’s official coin, “TRUMP,” reached a market capitalization of nearly $14 billion within hours of its launch, according to cryptocurrency trackers. The President-elect of the United States unveiled a meme token based on Solana on January 18. Monitor all the details. News / Videos / Is…
The U.S. Securities and Exchange Commission (SEC) recently stepped up its scrutiny of the cryptocurrency industry, accusing the Digital Currency Group (DCG) and its former CEO, Soichoro “Michael” Moro, of misleading investors about the financial health of Genesis Global Capital. This follows the collapse of crypto hedge fund Three Arrows Capital (3AC), which had a…
The Solana logo on a phone screen and representation of cryptocurrencies are seen in this photo taken in Krakow, Poland on August 21, 2021. Jakub Porzycki | NurPhoto | Getty Images at Solana GROUND the token exploded after the launch of a memecoin linked to President-elect Donald Trump on the popular blockchain network. The price…
Donald Trump has once again captured the world’s attention, this time with the launch of his meme coin $TRUMP. Announced just days before his second term as President of the United States, $TRUMP’s market capitalization reached a staggering $8 billion in less than three hours. Business Value Change %Change Trading volumes approached $1 billion and…
The cryptocurrency market saw a massive reaction on January 17 when Donald Trump, the recently elected President of the United States, unveiled his official meme coin, “TRUMP”. Within the first hour of the news, one trader received a $20 million windfall in less than an hour. Donald Trump launched the new coin on his social…
Bitcoin joined the crypto rally after reports surfaced that President-elect Donald Trump may soon issue an executive order. This potential move could make cryptocurrency a national priority and provide greater legitimacy to the growing sector. Bitcoin’s Rise Amid Speculation Bitcoin surged 4% Friday, reaching a price of US$104,672.37. The increase was part of a broader…
As President-elect Donald Trump prepares to take office on Monday, the cryptocurrency sector is feeling particularly optimistic. Trump embraced the crypto industry during his presidential campaign, and many wealthy investors with ties to the industry supported him. What you need to know Cryptocurrencies are digital coins bought or sold online, but not controlled by a…
By Aislinn Keely (January 17, 2025, 4:41 PM EST) – Crypto venture capital firm Digital Currency Group and the former CEO of its bankrupt lending subsidiary Genesis Global Capital LLC agreed Friday to a combined civil penalty of $38.5 million to settle claims. they misled investors about the financial situation of Genesis before its collapse……
The SEC today filed cease and desist proceedings against Digital Currency Group (DCG) and fined the company $38 million. The agency further fined former Genesis CEO Soichiro “Michael” Moro $500,000. This is potentially the SEC’s final enforcement action before Gary Gensler resigns next week. The SEC finally settles with DCG Digital Currency Group (DCG) has…