Eric Council Jr. has pleaded guilty to conspiracy charges in connection with the SEC X account hack, which falsely announced Bitcoin ETF approval. Prosecutors seek $50,000 in forfeiture, while Council awaits sentencing in May. The case highlights security gaps that allowed the high-profile breach to occur.
The post Alabama Man Pleads Guilty to SEC X Account Hack and Fake Bitcoin ETF Post appeared first on Cryptonews. …
Category: Cryptocurrencies
Former-Base Team Launches Blue-Chip Token Backed by Coinbase Ventures
B3, a blockchain developed by ex-Coinbase engineers, launches a blue-chip infrastructure token on Bybit and plans a direct Coinbase listing. With 6M wallets and 130M transactions in 100 days, the platform looks to unify Web3 gaming through shared liquidity and interoperability.
The post Former-Base Team Launches Blue-Chip Token Backed by Coinbase Ventures appeared first on Cryptonews. …
Elon Musk-Led Firm Makes $97.4B Bid for OpenAI: WSJ Report
Musk’s $97.4B bid for OpenAI intensifies discussions about AI governance, transparency, and the company’s mission under Sam Altman. The proposal could lead to major shifts in AI development.
The post Elon Musk-Led Firm Makes $97.4B Bid for OpenAI: WSJ Report appeared first on Cryptonews. …
Solo Bitcoin Miner Has Mined An Entire Bitcoin Block Worth $300K
A solo Bitcoin miner defied the odds, successfully mining an entire Bitcoin block and securing a $300K reward. This rare occurrence highlights the challenges of bitcoin mining as large pools dominate the network, reducing the chances for independent miners to achieve similar success.
The post Solo Bitcoin Miner Has Mined An Entire Bitcoin Block Worth $300K appeared first on Cryptonews. …
South Korean Coin Gate Lawmaker Kim Nam-guk Cleared of Wrongdoing
Kim Nam-guk, the South Korean former lawmaker at the center of the Coin Gate scandal, has been cleared of “obstructing officials from performing their duties.”
The post South Korean Coin Gate Lawmaker Kim Nam-guk Cleared of Wrongdoing appeared first on Cryptonews. …
North Carolina and Florida Push for Bitcoin Reserves
Legislative proposals in Florida and North Carolina look to incorporate Bitcoin into state financial strategies. These bills outline investment limits and regulatory guidelines, positioning the states among a growing list considering Bitcoin reserves as part of their fiscal policies.
The post North Carolina and Florida Push for Bitcoin Reserves appeared first on Cryptonews. …
Brazil’s B3 Stock Exchange to Launch Bitcoin Options and Futures for ETH and SOL
Brazil’s B3 stock exchange is expanding its cryptocurrency offerings with the introduction of Bitcoin options and futures contracts for Ethereum and Solana.
The post Brazil’s B3 Stock Exchange to Launch Bitcoin Options and Futures for ETH and SOL appeared first on Cryptonews. …
Russian Authorities Block Access to Country’s Largest Crypto Aggregator Platform
Russia’s Roskomnadzor has restricted access to BestChange, a significant cryptocurrency platform. This action is in response to recently introduced regulations that affect Bitcoin mining and various activities related to digital assets.
The post Russian Authorities Block Access to Country’s Largest Crypto Aggregator Platform appeared first on Cryptonews. …
Japan’s FSA Plans Crypto Tax Cuts, Bitcoin Spot ETF Approval by 2026
Japan’s FSA is considering classifying crypto as financial products like securities by 2026, potentially leading to Bitcoin spot ETF approval and a crypto tax cut from 55% to 20%.
The post Japan’s FSA Plans Crypto Tax Cuts, Bitcoin Spot ETF Approval by 2026 appeared first on Cryptonews. …
Solana Tumbles to $194 – Is the ‘Ethereum Killer’ Dying?
Solana has recovered after dropping as low as $194 earlier this morning, with the alt’s fundamentals putting it in a good position to recover strongly with the wider market.
The post Solana Tumbles to $194 – Is the ‘Ethereum Killer’ Dying? appeared first on Cryptonews. …