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Arthur Hayes Predicts Bitcoin Boom as Central Banks Cut Interest Rates


Bitmex co-founder Arthur Hayes is optimistic about bitcoin’s future, citing recent interest rate cuts by central banks. He believes further rate cuts by the U.S. Federal Reserve, Bank of England, and European Central Bank could expand the money supply and drive inflation. Hayes argues that...

Washington Man Faces Charges in $64 Million Crypto Laundering Scheme


A Washington resident has been charged with involvement in a $64 million cryptocurrency laundering scheme. He allegedly deceived investors, posing as an escrow agent, and transferred funds into his accounts. The funds were moved offshore or converted to cryptocurrencies such as bitcoin and ethereum...

France Charges Telegram’s Pavel Durov, Sets Bail at €5 Million


Telegram’s founder and CEO, Pavel Durov, is still in hot water in France, facing multiple criminal charges linked to activities on his messaging platform. The French court reportedly set his bail at €5 million, and he’s now prohibited from leaving the country. French Authorities Charge Telegram...

Russian Cybercriminal Extradited to US in Crypto Crime Case


A Russian cybercriminal, Deniss Zolotarjovs, has been charged in the U.S. with crimes related to his involvement in a cybercrime organization known for extorting victims and laundering cryptocurrency. The 33-year-old Moscow resident was indicted in Cincinnati, Ohio, on charges of conspiracy...

Binance Launches Mobile Money Feature for Crypto Transactions in Africa


Crypto exchange Binance has launched its One Click Buy and Sell (OCBS) service in Africa, enabling users in Ghana, Tanzania, Uganda, and Zambia to buy and sell cryptocurrencies via mobile money accounts. This initiative aims to enhance financial inclusion, particularly for the unbanked...

Man Faces 20-Year Prison Sentence in Crypto Money Laundering Case


A Rhode Island resident has pleaded guilty to money laundering conspiracy linked to an international drug trafficking ring. The operation laundered over $25 million using cryptocurrency, with Villa directly involved in converting cash into crypto. Villa faces up to 20 years in prison and...

Franklin Templeton Expands Tokenized Money Market Fund to Avalanche Network


Franklin Templeton has extended its blockchain initiatives by launching its tokenized U.S. Government Money Fund on the Avalanche network. This move marks another expansion of the firm’s onchain financial products. Avalanche Adds Franklin Templeton’s Tokenized Money Fund to Its Blockchain...

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