Ponzi scheme that raised $370M sent funds to Coinbase, SEC
Drive Planning allegedly sold unregistered securities to investors, promising they could earn a 10% return in just three months.
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Bitcache founder Kim Dotcom ordered to be extradited to the US
A New Zealand judge ordered Kim Dotcom to be extradited to the US where he faces racketeering, money laundering, and copyright charges.
Worldcoin offers $15 off drink for ‘crypto players’ — needs your eyeballs first
Struggling Worldcoin has partnered with Flojo, "the world's first sparkling beverage formulated and approved by neuroscientists."
— CFTC, Polymarket
Prediction markets like Polymarket triple despite US ‘ban’
Polymarket has promised the Commodity Futures Trading Commission that it will never allow US residents to wager using its platform.
Bitcoin L2 Merlin Chain has lost $1.7 billion since June
Promoters once claimed that Merlin Chain had Bitcoin’s seal of approval but investors are tiring of its ‘layer 2’ gimmick.
— BiT Global, BitGo
How involved is Justin Sun with WBTC’s new custodian BiT Global?
BiT Global, BitGo, and Justin Sun are launching a new joint venture for WBTC, but a deeper review of BiT Global finds other ties to Sun.
Norway has been stacking bitcoin exposure via MicroStrategy
Since 2008, Norway’s central bank has been buying shares of MicroStrategy. Norges Bank tripled its investment over the last 12 months.
Iran is offering $20 bounty to snitch on illegal crypto miners
Officials from Iran's state-backed electricity firm say illegal crypto miners and a 49.7C heatwave are damaging the country's power network.
— Keir Starmer, Scam
43% of Meta ads based on UK prime minister are crypto scams
Deepfakes of the UK Prime Minister Keir Starmer and Prince William were used to promote crypto scams across 250 Meta adverts.
Research finds less than 0.002% of Pump.fun memecoins succeed
A devastating analysis of memecoin platform Pump.fun has found that less than 0.002% of its tokens ever sustain a $1 million market cap.