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Norway Indicts Four Men for Alleged $80,000,000 Crypto Racket That Defrauded Thousands, According to Authorities

Norway Indicts Four Men for Alleged ,000,000 Crypto Racket That Defrauded Thousands, According to Authorities

Norway’s National Authority for Investigation and Prosecution of Economic and Environmental Crime, or Økokrim, has charged four men for their alleged involvement in a Ponzi scheme that siphoned millions from victims. In a statement, the Økokrim says the modus swindled NOK 900 million ($80.80 million) from thousands of people who joined a multi-level marketing network […]

The post Norway Indicts Four Men for Alleged $80,000,000 Crypto Racket That Defrauded Thousands, According to Authorities appeared first on The Daily Hodl.

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Top Crypto Market Maker Wintermute Opens New York Office Amid Trump Optimism: Report

Top Crypto Market Maker Wintermute Opens New York Office Amid Trump Optimism: Report

A crypto market maker is reportedly opening up a new office in New York due to the pro-crypto nature of President Donald Trump. According to a new report from Bloomberg, crypto liquidity provider Wintermute – which already has offices in London and Singapore – is looking to venture into the US for the first time. […]

The post Top Crypto Market Maker Wintermute Opens New York Office Amid Trump Optimism: Report appeared first on The Daily Hodl.

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German Central Bank President Calls for Introduction of CBDCs To Protect European Sovereignty

German Central Bank President Calls for Introduction of CBDCs To Protect European Sovereignty

The president of Germany’s monetary authority is advocating for a central bank digital currency (CBDC). In a question-and-answer session with economists at the Official Monetary and Financial Institutions Forum (OMFIF) think tank, the president of the Deutsche Bundesbank, Joachim Nagel, says he supports a CBDC. The OMFIF cites Nagel saying that “CBDCs will play a […]

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SEC Commissioner Hester Peirce Tells Memecoin Traders Not To Expect Government To Make Them Whole

SEC Commissioner Hester Peirce Tells Memecoin Traders Not To Expect Government To Make Them Whole

Pro-crypto Hester Peirce, who serves on the U.S. Securities and Exchange Commission (SEC), is warning memecoin traders that they are on their own when it comes to losses. In a new interview on the Bankless podcast, Peirce, who is leading the SEC’s new crypto task force, says memecoins may fall outside the federal regulatory agency’s […]

The post SEC Commissioner Hester Peirce Tells Memecoin Traders Not To Expect Government To Make Them Whole appeared first on The Daily Hodl.

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President Trump Marking the ‘Golden Era of Crypto,’ According to Binance CEO Richard Teng

President Trump Marking the ‘Golden Era of Crypto,’ According to Binance CEO Richard Teng

Binance CEO Richard Teng says that the election of pro-crypto US President Donald Trump is ushering in a prosperous era for digital assets around the globe. In a new interview with Bloomberg Television, Teng says that Trump, who has been in office for just over four weeks, will help drive the adoption of crypto assets […]

The post President Trump Marking the ‘Golden Era of Crypto,’ According to Binance CEO Richard Teng appeared first on The Daily Hodl.

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Chainalysis Develops System Enabling Law Enforcement To Trace and Seize Illicit Crypto Assets

Chainalysis Develops System Enabling Law Enforcement To Trace and Seize Illicit Crypto Assets

The blockchain data analysis firm Chainalysis says it has developed an “integrated solution” designed to help law enforcement track stolen crypto. The firm says the new solution relies on two primary tools. The first is the firm’s preexisting blockchain investigation software, “Chainalysis Reactor,” which aims to help law enforcement officials track crypto across blockchains and […]

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Banking Giant JPMorgan Chase Holds $1,016,728 in Bitcoin and Ethereum ETFs, According to New SEC Filing

Banking Giant JPMorgan Chase Holds ,016,728 in Bitcoin and Ethereum ETFs, According to New SEC Filing

Financial Services titan JPMorgan Chase is holding over $1 million worth of shares in Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs). According to a new filing with the U.S. Securities and Exchange Commission (SEC), JPMorgan currently holds just over $984,000 worth of Bitcoin-based ETFs and $32,300 worth of ETFs based on Ethereum, the second-largest […]

The post Banking Giant JPMorgan Chase Holds $1,016,728 in Bitcoin and Ethereum ETFs, According to New SEC Filing appeared first on The Daily Hodl.

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Unnamed US Bank Turned On a Dime To Refuse Service to Crypto Firm Anchorage Digital, According to CEO: Report

Unnamed US Bank Turned On a Dime To Refuse Service to Crypto Firm Anchorage Digital, According to CEO: Report

A high-profile CEO in the crypto space reportedly says that an American bank suddenly decided to shut the company out from banking services, supporting previous rumors of “de-banking” in the digital asset industry. Anchorage Digital CEO Nathan McCauley says that a bank – who is yet to be named – essentially turned off their bank […]

The post Unnamed US Bank Turned On a Dime To Refuse Service to Crypto Firm Anchorage Digital, According to CEO: Report appeared first on The Daily Hodl.

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Fed Governor Calls for Regulatory Framework Allowing Banks and Institutions To Issue Stablecoins

Fed Governor Calls for Regulatory Framework Allowing Banks and Institutions To Issue Stablecoins

A member of The Board of Governors of the U.S. Federal Reserve is calling for laws that would allow banks and institutions to issue dollar-pegged digital assets. In a speech given by Christopher J. Waller at a recent conference in San Francisco, the Fed governor argues for a regulatory framework that would allow blue-chip financial […]

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Tether CEO Paolo Ardoino Actively Working With US Lawmakers To Shape Stablecoin Laws: Report

Tether CEO Paolo Ardoino Actively Working With US Lawmakers To Shape Stablecoin Laws: Report

The chief executive of USDT stablecoin issuer Tether is reportedly working with US authorities to construct laws around dollar-pegged crypto assets. In a new post on the social media platform X, Fox Business journalist Eleanor Terrett reports that Paolo Ardoino and Tether are “actively engaging” with the US government on how to best form laws […]

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