A US court fined the Brazilian founders of EmpiresX over $130 million for operating a fraudulent crypto scheme that misled investors. Source link
Day: February 6, 2025
Does Kraken know Satoshi’s identity? Coinbase exec’s research hints at possibility
Key Takeaways Coinbase exec Conor Grogan found a potential link between early Bitcoin wallets and a Canadian exchange now acquired by Kraken. Research suggests Satoshi owns 1.096 million BTC and last showed on-chain activity in 2014. Share this article Just a few months after HBO floated Peter Todd’s name as Satoshi, Coinbase’s Conor Grogan has dropped new findings suggesting a possible link between Bitcoin’s creator and the leading crypto exchange Kraken. Grogan’s analysis examines a set of addresses exhibiting the “Patoshi Mining Pattern,” recently cataloged by Arkham Intelligence. He suggests…
Jupiter DEX, ex-Malaysian prime minister shill memecoins in X hack
In a series of hacks, decentralized exchange aggregator Jupiter and a former Malaysian prime minister had their accounts hijacked to promote sham coins. Source link
Kraken’s Powell claims in lawsuit he was denied housing due to crypto ties
Kraken co-founder Jesse Powell filed a housing discrimination suit, alleging a San Francisco building’s management blocked a sale due to his involvement with crypto. Source link
Swedish digital asset manager launches Avalanche, Cardano ETP on Nasdaq Helsinki
Swedish crypto asset manager Virtune is now giving investors in Finland exposure to Avalanche and Cardano via its newly launched crypto ETP products. Source link
71% of institutional traders have ‘no plans’ for crypto: JPMorgan survey
Institutional investors remain wary of crypto trading, according to a JPMorgan survey. Source link
Bitcoin reserve may end up a ‘potent political weapon’ — Arthur Hayes
Creating a national stockpile of Bitcoin or cryptocurrency would turn any crypto held by the government into a “political weapon,” Maelstrom’s Arthur Hayes said. Source link
Eric Trump bull-posts Bitcoin amid tariff jitters
Key Takeaways Eric Trump expressed bullish sentiments about Bitcoin on social media. Trump predicted that Bitcoin could reach $1 million and be adopted by more governments. Share this article Eric Trump reiterated his bullish stance on Bitcoin in a tweet today, stating, “Feels like a great time to enter #BTC.” He also tagged World Liberty Financial, a DeFi project associated with his family. Eric’s statement comes at a time when Bitcoin is facing headwinds amid tariff-driven economic uncertainty. The flagship crypto asset is currently trading around $97,700, unable to sustain…
Dogecoin (DOGE) Attempts a Comeback: Can It Clear Resistance?
Dogecoin started a recovery wave above the $0.240 zone against the US Dollar. DOGE is now consolidating and might face hurdles near $0.270. DOGE price started a recovery wave above the $0.2350 and $0.2420 levels. The price is trading below the $0.2780 level and the 100-hourly simple moving average. There is a major bearish trend line forming with resistance at $0.260 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start another increase if it clears the $0.260 and $0.270 resistance levels. Dogecoin Price…
Bitcoin chart signals ‘decisive price move’ in coming weeks: Analyst
Bitcoin may see a “decisive price move” in the near term, and while short-term volatility may continue, the long-term view “remains positive,” say analysts. Source link