Alex Mashinsky, Founder and Former CEO of Celsius, Pleads Guilty to Fraud

Alex Mashinsky, the founder and one-time CEO of bankrupt crypto lending platform Celsius Network, pleaded guilty to two counts of fraud on Tuesday afternoon, according to reports from Reuters and Inner City Press. He has reportedly agreed to a maximum sentencing guideline of 360 months, or 30 years, in prison. Last July, Mashinsky was arrested

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MicroStrategy Looks Poised to Join Influential Nasdaq-100 Index. Here’s What That Means for the Stock.

The analyst who co-wrote this piece owns shares of MicroStrategy (MSTR). Despite all the weird memecoins and degen behavior in 2024, ETFs are in the running for story of the year in cryptocurrency investing. And that story — which began when bitcoin and ether exchange-traded funds debuted to great fanfare — might not be over.

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Signs of Bottom Fishing on Upbit After South Korea’s Martial Law-Led BTC Flash Crash

Whales made a splash on the South Korean exchange Upbit, swooping in with significant amounts of Tether’s USDT stablecoin to snap up coins at discounted prices after the declaration of martial law led to a flash crash in bitcoin (BTC) and other token prices. The large traders transferred over $163 million in USDT to Upbit

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Bitcoin, XRP Briefly Wick Down 30% on South Korean Exchanges as Martial Law Declared

Major crypto tokens quickly plunged as much as 30% against the Korean won on South Korean exchanges as the government declared emergency martial law late on Tuesday. South Korean President Yoon Suk Yeol declared “emergency martial law,” accusing opposition parties of undermining the government, sympathizing with North Korea, and paralyzing the nation’s legislative process. Negative

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CoinDesk 20 Performance Update: XRP Falls 9.9%, Leading Index Lower from Monday

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3764.72, down 2.6% (-100.09) since 4 pm ET on Monday. Nine of 13 assets are trading higher. Leaders: HBAR (+11.0%) and POL (+9.8%). Laggards: XRP (-9.9%) and LTC (-6.1%).

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Tokenized Uranium Goes Live on the Tezos Blockchain with Archax, Cameco Involved

Nuclear energy is back in fashion, and a new blockchain-based marketplace aims to hop on the trend bringing investment access in the yellow ore to retail investors in a tokenized form. London-based Tezos ecosystem development firm Trilitech launched Uranium.io on Tuesday to offer tokens backed by physical uranium oxide U3O8, also known as “yellowcake.”The app

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Bitcoin Gets a Decentralized Exchange as Cosmos Native Osmosis Activates Bridge

Osmosis, a decentralized exchange (DEX) built for the Cosmos blockchain ecosystem, has opened a bridge to the Bitcoin network, as part of a pivot toward the world’s largest cryptocurrency. The decentralized autonomous organization (DAO) that governs Osmosis voted in favor of adopting Bitcoin bridge Nomic in June. The integration went live on Tuesday. Nomic’s bridge

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Blockchain for IoT Minima to Develop Ledger-Embedded Microchips With ARM

Minima, a blockchain designed to manage transactions across the internet of things (IoT) comprising mobile phones, cars and other devices is working with semiconductor giant ARM to develop a microchip with a decentralized ledger embedded in it. Under the agreement, announced Tuesday, Minima will work with ARM’s Flexible Access Program, which gives 70 or so

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