Category: Crypto
Healthcare Firm Semler Scientific Reports Q1 Paper Losses on Bitcoin Holdings
Semler Scientific reported significant paper losses on its Bitcoin holdings for the first quarter of 2025, as the cryptocurrency experienced a notable price correction.
The post Healthcare Firm Semler Scientific Reports Q1 Paper Losses on Bitcoin Holdings appeared first on Cryptonews. …
Story Protocol Token Rebounds After Sudden 29% Drop Amid Manipulation Allegations
Wintermute’s April 14 report showed Bitcoin’s resilience during broader market decline, contrasting with troubling cases of token price manipulation. Story Protocol’s $IP token crashed 29% before rebounding, just a day after Mantra’s $OM collapsed 90%, raising questions about market integrity in newer tokens.
The post Story Protocol Token Rebounds After Sudden 29% Drop Amid Manipulation Allegations appeared first on Cryptonews. …
Estonian Crypto Fraudsters Flag Deportation Threat Ahead of Sentencing
Estonian crypto fraudsters Sergei Potapenko and Ivan Turogin received deportation notices from the Department of Homeland Security despite court orders requiring them to stay in Washington until their August sentencing. Their attorneys raised concerns about the conflicting directives after the men pleaded guilty to wire fraud conspiracy in a $577 million cryptocurrency scheme.
The post Estonian Crypto Fraudsters Flag Deportation Threat Ahead of Sentencing appeared first on Cryptonews. …
Tether Invests in Fizen to Advance Stablecoin Adoption
Tether Invests in Fizen Limited to address financial exclusion by enhancing stablecoin payment infrastructure. The investment will improve Fizen’s blockchain capabilities across multiple ecosystems, allowing users to store, transfer, and transact with USDT through familiar payment methods like QR codes.
The post Tether Invests in Fizen to Advance Stablecoin Adoption appeared first on Cryptonews. …
NASDAQ-listed Japanese Beauty Clinic Operator SBC Completes $418k Bitcoin Purchase
The NASDAQ-listed Japanese beauty and cosmetic surgery clinic operator SBC Medical Group Holdings has completed a Bitcoin (BTC) purchase worth over $418,000.
The post NASDAQ-listed Japanese Beauty Clinic Operator SBC Completes $418k Bitcoin Purchase appeared first on Cryptonews. …
Market Structure Legislation Will Boost Bitcoin: Satoshi Act Co-Founder Dennis
The upcoming market structure legislation would clarify Bitcoin’s regulatory status by dividing oversight between the SEC and CFTC. Dennis Porter, co-founder of the Satoshi Act Fund, predicted substantial capital inflows following its passage. Meanwhile, U.S. states like Louisiana, Oklahoma, and Texas advanced their own pro-Bitcoin policies, including state-level Bitcoin reserves.
The post Market Structure Legislation Will Boost Bitcoin: Satoshi Act Co-Founder Dennis appeared first on Cryptonews. …
SOL Strategies and Pudgy Penguins Launch PENGU Validator on Solana Network
SOL Strategies partners with Pudgy Penguins to launch the PENGU Validator on Solana, offering secure staking infrastructure and attractive returns while expanding support for the blockchain and Pudgy Penguins’ growing ecosystem.
The post SOL Strategies and Pudgy Penguins Launch PENGU Validator on Solana Network appeared first on Cryptonews. …
New Poll Shows Americans Believe Tech Companies, Elon Musk Has Too Much Power Over Government
The April Elon Musk Poll conducted by UMass Amherst showed growing public skepticism about tech influence in government, as over half of respondents believed Musk had excessive power. With 59% doubting his ability to separate business interests from his governmental role, Democrats moved to introduce legislation for stronger ethics oversight.
The post New Poll Shows Americans Believe Tech Companies, Elon Musk Has Too Much Power Over Government appeared first on Cryptonews. …
British Man Apprehended At Airport, Jailed for More Than 8 Years Over Phishing Scam
The British phishing scam orchestrated through Labhost led to Zak Coyne’s arrest at Manchester Airport and subsequent 8-year prison sentence. The sophisticated fraud platform provided criminals with fake government and banking websites, resulting in over $42 million USD in UK losses and affecting victims across 91 countries.
The post British Man Apprehended At Airport, Jailed for More Than 8 Years Over Phishing Scam appeared first on Cryptonews. …
Ethena Labs Exits Germany, Ends MiCAR Pursuit Following BaFin Agreement
Ethena Labs abandoned its MiCAR application and shuttered its German operations following enforcement action by BaFin. The synthetic stablecoin issuer migrated users to its British Virgin Islands entity, avoiding European regulatory hurdles. The case shows how MiCAR regulation reshaped Europe’s stablecoin landscape, with concerns about USDe’s yield-bearing variant potentially qualifying as a security.
The post Ethena Labs Exits Germany, Ends MiCAR Pursuit Following BaFin Agreement appeared first on Cryptonews. …
