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Two Sentenced to 12 Years for $2.1 Million Cryptocurrency Fraud in UK


Two individuals from the UK, Raymondip Bedi and Patrick Mavanga, have been sentenced to a combined total of 12 years in prison for their involvement in a $2.1 million cryptocurrency fraud, following a prosecution by the FCA. Between February 2017 and June 2019, the pair cold-called victims, selling...

Inventor of Bollinger Bands Signals Potential Upside Breakout for Bitcoin


John Bollinger, the inventor of Bollinger Bands, has indicated that bitcoin may be poised for an upside breakout, as noted in a recent social media post. Bollinger, an American author and financial analyst who developed this technical analysis tool in the early 1980s, stated, “Bitcoin looks...

TON Launches UAE Golden Visa Initiative for Toncoin Holders


Max Crown, CEO of the TON Foundation, announced the launch of an initiative allowing Toncoin holders to secure a 10-year Golden Visa in the UAE. Participants can obtain the visa by staking 100,000 in TON for three years and paying a one-time processing fee of $35,000. The process promises fast...

The Smarter Web Company Increases Bitcoin Holdings to 773.58 BTC


On July 1, 2025, The Smarter Web Company PLC, a London-listed technology firm, announced the acquisition of an additional 230.05 BTC as part of its ongoing bitcoin treasury policy outlined in “The 10 Year Plan.” The company purchased the bitcoin at an average price of £78,103 ($107,126)...

Global Dollar (USDG) Stablecoin Launches in the European Union


On July 1, 2025, Paxos officially launched the Global Dollar (USDG), a fully regulated USD-backed stablecoin, in the European Union (EU). Compliant with the EU’s Markets in Crypto-Assets (MiCA) regulation and overseen by the Finnish Financial Supervisory Authority and the Monetary Authority...

Tokenized Stocks Now Available on Bybit, Kraken, and Solana DeFi


Backed Finance has announced the launch of xStocks, a new platform offering over 60 tokenized stocks, now live on Bybit, Kraken, and Solana DeFi. This initiative aims to bridge the gap between traditional finance and decentralized finance (DeFi), allowing users to trade well-known equities such...

Samson Mow Warns Bitcoin Treasury Companies May ‘Fold’ in a Drawdown


Samson Mow, CEO of JAN3, has expressed concerns regarding the sustainability of various bitcoin treasury companies led by lesser-known CEOs who may lack a deep understanding of bitcoin. In a recent social media post, Mow stated that these companies are likely to “fold” during...

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