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Coinshares Opens New York Office Amid Ambitious US Expansion Plans

Coinshares Opens New York Office Amid Ambitious US Expansion PlansCoinshares International has opened an office in New York City, marking a key step in its strategy to expand in the United States. The company aims to bolster its presence in the U.S. financial market through this move and recent acquisitions. Coinshares’ New Office Signals Major U.S. Push According to the announcement, the New York […]

Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

Indicted NYC mayor leaves questionable crypto legacy as controversy mounts

Before his indictment on criminal charges, NYC Mayor Eric Adams promised to turn the city into a major crypto hub.

Three years before cryptocurrency became a talking point in the United States presidential election for the first time, a different crypto-focused race was brewing in New York City to determine who would replace outgoing Mayor Bill DeBlasio.

Democrat Eric Adams was squaring off against Republican Curtis Sliwa, and both were campaigning on the promise of being pro-crypto mayors. Adams had recently defeated Andrew Yang, another crypto proponent, in the Democratic Party primary. 

On the campaign trail, Adams promised to make NYC the “center of Bitcoins.” He was elected mayor in November 2021, after which he continued to pledge the city would become “the center of the cryptocurrency industry” and argued cryptocurrency should be taught in schools.

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Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

Paypal Expands Crypto Reach: 60 Million Venmo Users Now Linked to Moonpay

Paypal Expands Crypto Reach: 60 Million Venmo Users Now Linked to MoonpayVenmo’s 60 million users can now fund transactions on the Moonpay platform, thanks to a new integration announced by Paypal. U.S. users can use Venmo balances, linked bank accounts, or cards to buy and sell cryptocurrencies through Moonpay, expanding payment flexibility. However, this option is unavailable in New York and Texas, continuing Paypal’s push into […]

Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

$150M Crypto Scheme Leader Vanishes From US Detention, Active Manhunt Underway

0M Crypto Scheme Leader Vanishes From US Detention, Active Manhunt UnderwayA German national accused of orchestrating a $150 million cryptocurrency fraud is now a fugitive after allegedly tampering with his ankle monitor while on home detention in New York. Prosecutors say he led a multi-level marketing scheme, promising massive returns, before siphoning off millions in cryptocurrency and disappearing just before his trial. An active investigation […]

Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

Crypto Ponzi Leader Receives 121-Month Prison Sentence

Crypto Ponzi Leader Receives 121-Month Prison SentenceDavid Carmona, founder of the Icomtech cryptocurrency Ponzi scheme, has been sentenced to over 10 years in prison for defrauding investors with false promises of profits. His scheme targeted working-class people with the lure of financial freedom through cryptocurrency trading and mining, none of which actually took place. Lavish expos were held to entice more […]

Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

Court Orders New York Man to Pay $36M for Forex, Digital Asset Fraud

Court Orders New York Man to Pay M for Forex, Digital Asset FraudWilliam Koo Ichioka has been ordered to pay over $36 million after admitting to a forex and digital asset fraud scheme. His scam, which started in 2018, involved falsifying financial documents and misusing investor funds for personal luxuries like cars and jewelry. In addition to financial penalties, Ichioka faces prison time. The Commodity Futures Trading […]

Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

Donald Trump uses Bitcoin to buy burgers at NYC bar

Pubkey, a Bitcoin bar in New York City, hosted the former US President and 2024 Republican nominee for a campaign stop on Sept. 18.

Republican Party presidential nominee Donald Trump appeared in a New York City bar and restaurant famous for accepting Bitcoin, becoming the first former US president to use the cryptocurrency in a transaction. 

According to a Sept. 18 X post by Pubkey, Trump used Bitcoin (BTC) to purchase hamburgers at the NYC bar. BTC advocate and Professional Capital Management CEO Anthony Pompliano was in attendance at the campaign stop, which was also reported on Trump’s Truth Social account. 

The event came less than two days after the Republican nominee announced the launch of a token through the World Liberty Financial crypto platform, run by members of his family. Despite once calling Bitcoin a “scam” and crypto “based on thin air,” Trump has advocated for BTC miners as part of his 2024 campaign and spoken at the Bitcoin 2024 conference in Nashville.

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Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

Circle CEO Jeremy Allaire Says US at Turning Point and About To Become Decisive Leader in Building Crypto

Circle CEO Jeremy Allaire Says US at Turning Point and About To Become Decisive Leader in Building Crypto

Circle CEO Jeremy Allaire says that the US is on the cusp of becoming a global leader in crypto innovation and development. In a new thread on the social media platform X, the co-founder of the USDC stablecoin issuer says that the US is nearing a “turning point” where the government is no longer hostile toward […]

The post Circle CEO Jeremy Allaire Says US at Turning Point and About To Become Decisive Leader in Building Crypto appeared first on The Daily Hodl.

Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

Stablecoin Crypto Giant Circle Moves Headquarters to New York City

Stablecoin Crypto Giant Circle Moves Headquarters to New York City

The chief executive of stablecoin issuer Circle (USDC) says that the firm is moving its headquarters to New York City. In a new thread on the social media platform X, Circle CEO Jeremy Allaire says that the company is moving to New York from Boston to immerse itself in the world of Wall Street as […]

The post Stablecoin Crypto Giant Circle Moves Headquarters to New York City appeared first on The Daily Hodl.

Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights

Judge orders ex-FTX exec to appear after request to vacate guilty plea

Despite withdrawing a petition to void his guilty plea, Ryan Salame must appear in a New York courtroom on Sept. 12 as scheduled.

A federal judge has ordered former FTX Digital Markets co-CEO Ryan Salame to appear for a hearing despite withdrawing a request to vacate a guilty plea.

In an Aug. 29 filing in the United States District Court for the Southern District of New York, Judge Lewis Kaplan said Salame was required to appear in court on Sept. 12 as part of the conditions of his release on bail. He was initially scheduled to report to prison to serve a 90-month sentence starting on Aug. 29 but received a delay to Oct. 13 after reporting medical complications because of a dog bite.

On Aug. 21, the former FTX executive’s legal team filed a petition to have the court vacate his guilty plea, alleging authorities agreed not to pursue an investigation into his partner, Michelle Bond. However, after prosecutors unsealed an indictment for campaign finance law violations against Bond on Aug. 22, Salame withdrew his petition and said a ruling on the matter could be made in her case. 

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Cryptoquant Report: Record-Breaking Activity Propels Altcoins to New Heights