November 19, 2024

Heather Morgan Sentenced to 18 Months for Laundering Funds from Bitfinex Hack: Report

Heather Morgan, widely known by her rap persona “Razzlekhan,” has been sentenced to 18 months in prison for her role in laundering funds stolen during the 2016 Bitfinex cryptocurrency hack. Morgan pleaded guilty to conspiracy charges related to money laundering and defrauding the United States earlier this year. A Deliberate Scheme According to a CoinDesk...
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Trump Media Firm in Talks to Buy Crypto Platform Bakkt: Report

The President-elect’s Trump Media and Technology Group is in talks to buy digital-asset marketplace Bakkt Holdings, according to a report by the FT citing sources familiar with the matter on Nov. 19. The all-stock acquisition by Trump’s social media firm, which owns Truth Social, would consolidate his position in the digital asset industry. Bakkt is...
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Keanu (KNU) Meme Token Launches on Pump.fun

[PRESS RELEASE – San Fransisco, USA, November 19th, 2024] The Keanu (KNU) token, a new Solana-based meme coin inspired by cultural icon Keanu Reeves, has officially hit the market via a fair launch on Pump.fun. The release comes amid a surge in meme coin market activity, with the Keanu team positioning the project as a community-driven...
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Stablecoin Supply Hits Record $176.2B Amid Market Recovery

The total stablecoin supply reached an all-time high of approximately $176.2 billion. According to data compiled by Token Terminal, stablecoin supply has steadily recovered after a decline from mid-2022 through early 2023, which likely mirrored broader market retracements during the crypto winter. Since then, the aggregated supply has shown consistent growth. Stablecoin Market Cap Growth...
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Bitfinex Securities Launches Tokenized US Treasury Bills in El Salvador

The El Salvadoran arm of the capital markets trading platform Bitfinex Securities has announced the launch of tokenized United States Treasury bills to be issued by NexBridge Digital, another digital asset issuer based in the country. According to a press release sent to CryptoPotato, Bitfinex claims the tokenized offerings are the first-ever to be launched...
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Toncoin Price Analysis: TON Price Eyes To Hit $8 Next?

Story Highlights Toncoin price soared 9.96% in the last seven days. The TON price surpassed Avalanche to become the 12th most valued crypto. The EMA 50/200-day hints at a potential Golden Cross, indicating a further rise. The Toncoin price has stabilized its value above the $5 mark. This indicates a strong bullish sentiment in the...
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Bitcoin Goes Mainstream, Becomes World’s 7th-Largest Asset by Market Cap (Bitfinex)

Bitcoin’s (BTC) surge past initial resistance levels to new all-time highs last week led the cryptocurrency to become the world’s seventh-largest asset by market capitalization, a sign that it has gone mainstream. According to a Bitfinex report, BTC is now competing with Apple (AAPL), Microsoft (MSFT), Nvidia (NVDA), Google (GOOG), Amazon (AMZN), and Gold (GOLD)....
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Could BONK Flip SHIB By Bitcoin’s Final ATH This Meta Cycle?

Bonk’s price settled Monday to 0.000049 Monday after a 14-day melt-up to a new all-time high price at the 0.000055 handle. “Holy sh**!” exclaimed Shawn.eth (Punk #4220), a Bonk investor on X Monday. “My $BONK bag was $30,000 when j bought and now its $2,300,000,” Shawn.eth wrote. “Bonk started the entire memecoin supercycle early last...
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Ripple CEO Warns: SEC Chair Candidate Stebbins Could Revive ‘Regulation by Enforcement’ Era

Ripple CEO Brad Garlinghouse has expressed concerns about the potential appointment of Bob Stebbins as chair of the securities regulator. The industry executive responded to a post on X by crypto researcher ‘Anders’ who described Stebbins as “the old guard candidate for the SEC chair” before adding: “If Trump truly wants to make the US...
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