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Bitcoin Price Surges as Meme Coins Gain Traction
June 4, 2024
Bitcoin has experienced a remarkable surge, hitting $71,000 as meme coins such as ORDI, DOG, and PUPS see substantial price increases. This week, the Runes token DOG and BRC-20 token …
Read moreFTX Settles $24 Billion IRS Claim for Fraction to Prioritize Customer Repayments
June 4, 2024
Defunct crypto exchange FTX has agreed to settle the Internal Revenue Service (IRS) substantial $24 billion tax claim for a significantly lower amount to help the company prioritize its customer …
Read moreCore Scientific Expands Horizons With $3.5B AI Deal and Potential Buyout
June 4, 2024
Core Scientific, a leading bitcoin mining company, has entered into a significant 12-year agreement with AI hyperscaler CoreWeave, backed by Nvidia, to provide 200 megawatts (MW) of infrastructure for high-performance …
Read moreEpoch Times CFO Charged in Major Crypto Money Laundering Plot
June 4, 2024
Weidong "Bill" Guan, the Chief Financial Officer of The Epoch Times, has been arrested and charged with orchestrating a $67 million international money laundering scheme. Federal prosecutors allege that Guan, …
Read moreDapper Labs Settles $4 Million NBA Top Shot NFT Lawsuit
June 4, 2024
Dapper Labs, the company behind NBA Top Shot, has agreed to a $4 million settlement in response to a class action lawsuit filed in 2021. The lawsuit alleged that the …
Read moreCoinbase CEO Rallies Crypto Community to Support Pro-Crypto Candidates
June 3, 2024
Coinbase CEO Brian Armstrong has urged the crypto community to take active steps in voting for pro-crypto political candidates and voting out incumbents who oppose the industry. In a recent …
Read moreMicrostrategy and Michael Saylor Settle DC Tax Lawsuit for $40 Million
June 3, 2024
In a notable legal resolution, MicroStrategy and its co-founder Michael Saylor have agreed to a $40 million settlement in connection with a tax lawsuit brought by the District of Columbia. …
Read moreMonochrome to Launch Australia’s First Spot Bitcoin ETF
June 3, 2024
Introduction of Australia’s First Spot Bitcoin ETFMonochrome Asset Management is set to make history with the launch of Australia’s first spot Bitcoin Exchange Traded Fund (ETF), Monochrome Bitcoin ETF (IBTC). …
Read moreMatter Labs Abandons Trademark Effort for 'Zero-Knowledge' Following Backlash
June 3, 2024
Matter Labs, the team behind Ethereum layer-2 network zkSync, announced on June 2 that it would drop all trademark applications for “zero-knowledge (ZK).” The move comes after a wave of …
Read moreGameStop Surges as Keith Gill Returns to Reddit
June 3, 2024
Shares of GameStop significantly surged during pre-market trading after Keith Gill, famously known as 'DeepFuckingValue' on Reddit, made a notable return to the social media platform.In an impactful Reddit post, …
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