Author: admin

In brief Former lobbyist Jack Abramoff was sentenced to three years of probation and ordered to pay $2.2 million in restitution for his “AML Bitcoin” fraud scheme. Abramoff and CEO Marcus Andrade spent ICO funds on personal expenses and made false claims about government contracts and a Super Bowl ad. Judge spared him prison time due to his guilty plea, testimony against Andrade, and aggressive cancer diagnosis. Former lobbyist Jack Abramoff was sentenced to three years of federal probation for his involvement in a scheme tied to a project called AML Bitcoin.Abramoff has also been ordered to pay $2.2 million…

Kraken raised $800M across two tranches to scale operations and expand global markets. Crypto exchange Kraken has announced that it raised $800 million in funding across two tranches as part of an effort to expand its on-chain financial infrastructure and broaden its global presence. According to the company, the primary tranche was led by institutional investors, including Jane Street, DRW Venture Capital, HSG, Oppenheimer Alternative Investment Management, and Tribe Capital, with an additional commitment from Co-CEO Arjun Sethi’s family office. “Strategic Roadmap” Kraken also executed an agreement for a separate $200 million strategic investment from Citadel Securities at a $20…

BMNR stock is up 4.3% today, even as it remains down more than 21% over the past five days, mostly following Ethereum’s 12% slide this week. With Q4 earnings set for November 21, early strength in the BMNR price has raised the question of whether the stock is positioning itself ahead of the market, again.The last time this happened, BMNR moved much earlier than Ethereum. With bottoming signs flashing across crypto, traders are watching to see if history is lining up once more.BMNR Has Front-Run Ethereum Before — And Conditions Look SimilarBetween June 26 and July 3, Ethereum moved only…

Markets are further dialing back expectations for another interest rate cut this year after the Bureau of Labor Statistics said it won’t release jobs data for October and the November report will be delayed until after the Federal Reserve’s December.Traders on the Chicago Mercantile Exchange (CME) now see just a 33% chance that the Federal Reserve cuts rates at its final policy meeting of 2025, down from 50% just a day earlier. Recall that less than one month ago, the chances of a December rate cut were more or less 100%. Following the Fed’s late October meeting though, Chairman Jerome…

Zug, Switzerland, November 19th, 2025, ChainwireSupra, the vertically integrated Layer 1 powering MultiVM smart contract execution with native oracles, dVRF, automation, and cross-chain communication, announced today the opening of applications for its MultiVM testnet during today’s keynote at Devconnect Buenos Aires, held as part of Multichain Day. The announcement was delivered by Jon Jones, Co-Founder and Chief Business Officer of Supra, during a session exploring the future of interoperability and next-generation Web3 infrastructure.This launch marks a pivotal moment in the evolution of dApp development, as Supra aims to offer EVM developers, in addition to MoveVM developers, a powerful new foundation…

Abu Dhabi, UAE, November 19th, 2025, ChainwireDesigned to catalyze innovation across gaming, digital finance, and builder economies, the fund marks a pivotal step in transforming MapleStory Universe into a sustainable, interoperable Web3 ecosystem.NEXPACE’s Ecosystem Fund brings on Altos Ventures, Chainlink Labs, GSR, and Hashed Ventures as strategic advisory partners.NEXPACE, Web3 IP-expansion initiative behind MapleStory Universe (MSU), today announced the launch of the Ecosystem Fund with a plan to invest up to US$50 million to accelerate the long-term growth of both MSU and the broader NEXPACE ecosystem. The Ecosystem Fund is envisioned to underscore NEXPACE’s mission to build an open, self-sustaining…

The crypto prop trading landscape has evolved dramatically, offering traders unprecedented access to substantial capital for altcoin trading. Altcoin prop trading firms have emerged as game-changers for skilled traders seeking to amplify their strategies without risking personal capital. These firms provide funded accounts ranging from $5,000 to $300,000 or more, with profit splits reaching up to 90%. The best multi crypto prop firms 2025 distinguish themselves through extensive cryptocurrency pair offerings, lightning-fast payouts, and strategic partnerships with major exchanges like Bybit and Kraken.For traders specializing in altcoins—from established coins like Ethereum and Solana to emerging DeFi tokens—selecting the right firm…

APIA, Samoa, Nov. 19, 2025 /PRNewswire/ — Phemex, a user-first crypto exchange, announces a month-long anniversary campaign featuring $6 million in rewards, running from November 19 to December 19, 2025. The celebration follows a milestone year in which the platform expanded from 6 million to over 10 million users and completed a full rebrand, underscoring its growth into a diversified crypto trading ecosystem.The campaign spans five core venues, each offering tailored rewards for different trading behaviors. Prizes range from Rolex watches and iPhone 17 Pro Max devices to broad-based reward pools distributed across everyday trading activities.On Spot, users gain access to 0-fee trading…

PRAGUE, Nov. 19, 2025 /PRNewswire/ — Clapp Finance today announced the launch of its multi-collateral credit lines, offering a unique way to unlock liquidity from crypto holdings without selling them. This product provides instant, pre-approved capital with highly flexible terms, designed for modern investors who require continuous access to cash or stablecoins.With demand for crypto-collateralized loans at a record high, Clapp’s solution offers a safer, more adaptable alternative, giving users full control, continuous liquidity, and greater peace of mind. Why Clapp Stands OutUsers may combine up to 19 different cryptocurrencies as collateral for one or more credit lines. You can add,…

A senior executive at DeFi Development Corp. (DFDV) has delivered one of the most aggressive long-term forecasts for the Solana price yet. According to him, Solana could see its value catapult to $10,000, leaving much of the market in the dust. This outlook, shaped by recent market turbulence and years of crypto experience, has drawn attention from industry experts as the DFDV executive outlines how SOL can reach this target by capturing a significant share of the global digital value.  Solana Price To Reach $10,000 In 10 Years DFDV COO and CIO Parker White recently shared his long-term thesis on…