HashFlare co-founders Sergei Potapenko and Ivan Turõgin were given time served for copping to their roles in a $577 million scheme, with prosecutors saying they’re weighing an appeal. Read More at https://cointelegraph.com/news/hashflare-founders-given-time-served-577m-crypto-ponzi?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
OpenEden taps BNY Mellon to manage tokenized US Treasury assets
BNY Mellon will manage and custody the assets backing OpenEden’s Moody’s “A”-rated tokenized US Treasury fund, expanding the bank’s presence in blockchain-based finance. Read More at https://cointelegraph.com/news/bny-mellon-openeden-tokenized-us-treasury?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Coinbase revives stablecoin bootstrap fund to boost USDC in DeFi
Coinbase has revived its fund to boost USDC liquidity in DeFi, starting with supporting the stablecoin on Aave, Morpho, Kamino, and Jupiter. Read More at https://cointelegraph.com/news/coinbase-revives-stablecoin-fund-to-boost-usdc-defi-liquidity?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin traders target $137K as US CPI print raises Fed rate cut odds to 94%
Bitcoin bulls lift their price target to $137,000 as odds of a Federal Reserve rate cut increase. Read More at https://cointelegraph.com/news/bitcoin-traders-target-137k-as-us-cpi-print-raises-fed-rate-cut-odds-to-94?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto crime unit with $250M in seizures expands with Binance
Tron, Tether, and TRM Labs expand their crime-fighting unit with Binance as the first T3+ partner, as industry data shows crypto hacks are getting faster and harder to stop. Read More at https://cointelegraph.com/news/crypto-crime-unit-250m-seizures-binance?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ethereum dev detained in Turkey donates to Roman Storm’s defense fund
Federico Carrone, an Ethereum core developer, pledged $500,000 to the Tornado Cash co-founder’s legal fund after being detained in Turkey over alleged links to a privacy protocol. Read More at https://cointelegraph.com/news/ethereum-dev-detained-roman-storm-defense-fund?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Grayscale launches two trusts linked to Sui ecosystem protocols
DeepBook and Walrus’s “Winter Walrus” are ranked outside of the top 10 Sui ecosystem protocols, according to DefiLlama. Read More at https://cointelegraph.com/news/grayscale-launches-two-single-asset-trusts-linked-to-sui-ecosystem-protocols?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
US prosecutors double down on 10-year sentence for HashFlare co-founders
The two men pleaded guilty to conspiracy to commit wire fraud in February and later received a letter directing them to “self-deport” from the United States. Read More at https://cointelegraph.com/news/us-prosecutors-hashflare-co-founders-sentencing-recommendation?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin holds $118K while ETH, BNB, LINK, UNI aim to extend the altcoin rally
Bitcoin could pick up momentum above $120,000, with ETH, BNB, LINK, and UNI following suit. Read More at https://cointelegraph.com/news/bitcoin-holds-dollar118k-while-eth-bnb-link-uni-aim-to-extend-the-altcoin-rally?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Pantera’s bear market Bitcoin call nails 2025 price, silencing cycle skeptics
Pantera’s Dan Morehead nailed his prediction for Bitcoin’s Aug. 11, 2025 price, made in November 2022 as BTC was nearing its bottom. Read More at https://cointelegraph.com/news/pantera-bitcoin-halving-prediction-2025-accuracy?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound