U.S. federal prosecutors are pushing for a prison sentence of up to 6.5 years for Avraham “Avi” Eisenberg, who was convicted for his role in the $110 million exploit of decentralized exchange Mango Markets in 2022. In an April 22 court filing, prosecutors requested that Judge Arun Subramanian impose a sentence between 78 and 97…
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Can Bitcoin Price Hit $96.5K? SEC & El Salvador Fuel Optimism
Bitcoin is hovering near $92,536 after a modest 1% dip in Thursday’s Asian session, marking a pause in what’s otherwise been a strong uptrend. But beyond the charts, something more important is brewing. In a first-of-its-kind move, the U.S. Securities and Exchange Commission is in early discussions with El Salvador’s National Commission on Digital Assets…
Crypto Fraud Reached Staggering $9.3B Losses in 2024, 66% Increase From 2023: FBI Report
The Federal Bureau of Investigation (FBI) received over 149K complaints regarding crypto fraud in 2024. The Bureau recorded $9.3 billion losses spread across various crypto-related investment scams, extortion, ATM and kiosks, among others. Per the FBI’s Internet Crime Complaint Center (IC3) report, cryptocurrency-related fraud last year was up 66% from 2023’s $5.6 billion. “Cryptocurrency has…
ZKsync Recovers $5M in Stolen Tokens After Hacker Accepts Bounty
The ZKsync Association has successfully recovered $5 million worth of stolen tokens following a security breach on April 15 involving its airdrop distribution contract. The hacker behind the exploit agreed to a 10% bounty in exchange for returning 90% of the stolen assets, transferring nearly $5.7 million back to the ZKsync Security Council across three…
Shaquille O’Neal Settles Class-Action Lawsuit Over FTX Promotion
Shaquille O’Neal has reached a settlement with investors who say they lost money in the collapse of crypto exchange FTX, marking the latest legal development in a case that drew widespread attention to the role of celebrity endorsements in the crypto industry. The proposed classwide settlement, disclosed in a filing with the US District Court…
Metaplanet Bitcoin Stash Reaches 5000, Adds 145 BTC
Japanese public company Metaplanet, known as Asia’s MicroStrategy (now Strategy), has scooped another 145 Bitcoin, hitting the 5,000 BTC milestone. With the recent acquisition announced Thursday, the company has already reached 50% of this year’s BTC holding goal. メタプラネット、ビットコインをさらに145 BTC追加取得、保有量は合計5,000 BTCに pic.twitter.com/cWb0ThHFmb — Metaplanet Inc. (@Metaplanet_JP) April 24, 2025 “We have surpassed 5,000 BTC,” Simon…
SEC’s Uyeda Signals Shift to Principles-Based Crypto Regulation Under Trump-Era Leadership
SEC Commissioner Mark Uyeda signaled a major shift in Washington’s approach to crypto regulation, moving away from enforcement-heavy tactics under the Biden administration toward a more collaborative and transparent framework. Speaking to CNBC at the World Bank and IMF Spring Meetings in Washington, DC, Uyeda laid out the agency’s renewed vision, shaped under President Trump’s…
CRWD’s Leading Diagonal: Grand Super Cycle Points to More Upside
CrowdStrike Holdings, Inc. (CRWD) is an American cybersecurity technology company based in Austin, Texas. It provides cloud workload and endpoint security, threat intelligence, and cyberattack response services. Analysts have a positive outlook for CrowdStrike Holdings, Inc. (CRWD) in 2025. The stock has a consensus rating of “Moderate Buy,” with 33 analysts recommending it as a buy. The average price target for CRWD is…
Russia Greenlights Crypto Exchange for ‘Super-Qualified’ Investors
The Ministry of Finance in Russia and the central bank are preparing to launch a state-backed crypto exchange exclusively for “super-qualified” investors. Finance Minister Anton Siluanov revealed the initiative at a recent ministry meeting, local outlet RBC reported Wednesday, stating that the goal is to legitimize crypto assets and shift digital transactions into a regulated…
Elliott Wave: Copper (HG) Impulsive Rally Signals More Upside
Copper ($HG) has been displaying a strong bullish trend, with the rally from the July 11, 2022 low unfolding in a Elliott Wave diagonal. This rally is structured as a 5-swing pattern, which is characteristic of a motive wave. This suggests that the broader trend favors further upside. As of the latest price action, the…