Category: Crypto

Firoz Patel, Payza’s founder, received 41 more months in prison for concealing 450 BTC (over $43 million) from authorities after his 2020 money laundering conviction14. He tried using Binance and Blockchain.com to hide the funds.
The post Canadian Who Hid 450 BTC from U.S. Feds Sentenced to 41 Months in Prison appeared first on Cryptonews. …

BlackRock, the world’s largest asset manager with over $11.6 trillion in assets under management, has expanded its stake in Michael Saylor’s rebranded company, Strategy.
The post BlackRock Boosts Stake in Michael Saylor’s Strategy to 5%, Increasing Bitcoin Exposure appeared first on Cryptonews. …

MBD Financials and Indigo Precious Metals join hands to launch gold-backed NFTs, tokenized gold bars, and gold-backed digital avatars.
The post Tokenized Gold Bars, Gold-Backed NFTs and Avatars Soon to Launch via MBD Financials and Indigo Precious Metals Collab appeared first on Cryptonews. …

The SEC officially acknowledges Grayscale’s Solana ETF proposal, opening it for public feedback. This marks the first time a Solana ETF filing has been recognized, signaling a possible shift in regulatory stance. With analysts assessing its impact, the ETF’s approval process could shape the future of Solana investments.
The post SEC Acknowledges Amendment for Grayscale Spot Solana ETF Application appeared first on Cryptonews. …

Less than 48 hours ago, an unknown wallet received 1.24 trillion Shiba Inu (SHIB) tokens—worth approximately $20.2 million—from the crypto exchange Kraken, according to Whale Alert data. 🚨 1,239,940,928,235 #SHIB (20,136,020 USD) transferred from #Kraken to unknown wallethttps://t.co/PxsHyZ8BcD — Whale Alert (@whale_alert) February 5, 2025 Transfers from exchanges to private wallets are often seen as […]
The post 1.24 Trillion SHIB On the Move – Will This Trigger a Price Reversal? appeared first on Cryptonews. …

Hong Kong-based crypto custodian Hex Trust successfully closed a strategic funding round led by Morgan Creek Digital on Friday.
The post Hex Trust Secures Strategic Funding Led by Morgan Creek Digital appeared first on Cryptonews. …

Trump Meme Coin Official Trump ($TRUMP) appears excluded from the very wave of “meme coin mania” it created, subdued by a recent legal hit.
The post Trump Meme Coin Hit With Legal Complaint – Is a Total Collapse Coming? appeared first on Cryptonews. …

Tether is continuing to expand its stablecoin supply by minting $1 billion batches of USDT on the TRON blockchain. The move is a sign of Tether’s commitment to bolstering liquidity across chains, while also highlighting the rapid expansion of TRON’s DeFi ecosystem. Tether’s strategic expansion on TRON On Wednesday, on-chain data analysis by X account […]
The post $1 Billion USDT Gets Minted on TRON – Will TRX Hit $1? appeared first on Cryptonews. …

Utah is on track to becoming the first U.S. state to establish a Bitcoin reserve, following the House’s approval of the Strategic Bitcoin Reserve bill.
The post Utah One Step Closer to Becoming First US State with Bitcoin Reserve appeared first on Cryptonews. …

Gemini, founded by the Winklevoss twins, is once again considering going public after first exploring an IPO in 2021.
The post Winklevoss Twins’ Crypto Exchange Gemini Mulls Stock Market Debut appeared first on Cryptonews. …