California man jailed in $250M crypto theft case
A US federal court has sentenced a California man to 78 months in prison for participating in a nationwide crypto theft conspiracy that stole more than $250 million in digital assets.
A US federal court has sentenced a California man to 78 months in prison for participating in a nationwide crypto theft conspiracy that stole more than $250 million in digital assets.
American Bitcoin, the bitcoin mining and treasury company co-founded by Eric Trump, reported an $81.8 million net loss in the first quarter as falling cryptocurrency prices weighed on its digital asset holdings.
A Kenyan court has ordered the seven-day detention of a man accused of operating a fraudulent cryptocurrency investment platform linked to an alleged $440,000 scam targeting retail investors.
Zcash rallied nearly 30% over 24 hours to $543 during Asian trading on Tuesday, extending its monthly gain to more than 110% amid surging demand for privacy-focused cryptocurrencies.
Samsung SDS has reportedly secured a contract to build and operate a blockchain-based token securities platform for the Korea Securities Depository ahead of South Korea’s new digital asset framework.
Bitwise chief investment officer Matt Hougan said stablecoins could scale into a multi-trillion-dollar market if major technology companies continue integrating them into payment systems.
Barbara Leaf, Senior International Policy Advisor at Arnold & Porter, discusses the latest developments in the Middle East as the US and Iran weigh a fresh proposal to end the war. She speaks with Haidi Stroud-Watts and Shery Ahn on Bloomberg: The Asia Trade.
Aave Labs has liquidated the Kelp DAO attacker’s remaining rsETH positions on Ethereum and Arbitrum in a major step towards restoring the protocol after April’s $293 million exploit.
Anahata Capital Management CIO Brian Quartarolo discusses his outlook on markets, Asia tech stocks, and why he thinks the New Zealand dollar may have room to strengthen on 'Bloomberg: The Asia Trade'.
The US and Iran are circling around a fresh proposal to end the war, as President Donald Trump searches for an exit from the Middle East conflict. Bloomberg's Joumanna Bercetche has the details.
OpenTrade has raised $17 million in a strategic funding round to expand its stablecoin yield infrastructure and real-world asset-backed lending platform.
China's financial regulator has advised the country's largest banks to temporarily suspend new loans to five refiners recently sanctioned by the US over their ties to Iranian oil, according to people familiar with the matter. Bloomberg's Minmin Low reports.