A California court has imposed a $5 million penalty on five individuals involved in IcomTech’s fraudulent Bitcoin Ponzi scheme.
The post IcomTech Scammers Fined $5M as Mastermind Faces 10 Years in Prison appeared first on Cryptonews. …
Category: Cryptocurrencies
AMP Becomes First Super Fund to Allocate Part of its Portfolio to Crypto
AMP, one of Australia’s leading superannuation funds, has allocated $27 million of its portfolio to Bitcoin.
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Dogecoin Price Could Dump 50% Soon – But Here’s Why You Should Still Be Bullish
As the Dogecoin ($DOGE) price consolidates just above $0.40, investors are weighing up whether the market could be about to vault to new highs, or whether a deeper pullback could be in store.
The post Dogecoin Price Could Dump 50% Soon – But Here’s Why You Should Still Be Bullish appeared first on Cryptonews. …
BlackRock Suggests 2% Bitcoin Allocation in Diversified Portfolios
BlackRock research suggests that including Bitcoin in a diversified portfolio offers similar risk to holding major technology stocks.
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Texas Rep. Giovanni Capriglione Files Proposal for Strategic Bitcoin Reserve
Texas Rep. Giovanni Capriglione has filed a proposal to establish a strategic Bitcoin reserve in Texas, allowing the state to accept taxes and donations in Bitcoin, enhancing fiscal stability and promoting cryptocurrency innovation.
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Sweden’s Spotlight Stock Market Adds 20 Valour Crypto ETPs in Record Launch
Sweden’s Spotlight Stock Market has launched 20 new digital asset exchange-traded products (ETPs) from Valour, marking the largest single-day ETP launch and expanding access to cryptocurrency investments for traditional investors across Europe.
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Japanese Lawmaker Asks Government to Create National Bitcoin Reserve
A Japanese lawmaker has asked the government to launch a national Bitcoin reserve, echoing similar recent calls from MPs in Argentina, Russia, and beyond.
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Shiba Inu Burns 17M Tokens – Could a Parabolic Rally Be Next?
17 million Shiba Inu (SHIB) tokens were burnt in the last 2 days, data provided by shibburn.com suggests. That makes for a good title, but actually, that only amount to token worth around $500 being burnt.
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Chinese Investors Offered Indirect Bitcoin Access Through Alipay Campaigns
Huabao Overseas Technology C, a tech company offering Chinese investors indirect exposure to Bitcoin, has reportedly launched an advertisement promoting Bitcoin ETFs.
The post Chinese Investors Offered Indirect Bitcoin Access Through Alipay Campaigns appeared first on Cryptonews. …
Bitcoin ATM Operator Byte Federal Reports Data Breach Affecting 58,000 Users
Byte Federal, a prominent US-based Bitcoin ATM operator with over 1,200 machines nationwide, has suffered a significant data breach, compromising the sensitive information of approximately 58,000 customers.
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