CluCoin Founder Pleads Guilty to Stealing $1.1M of Investor Funds for Online Gambling
The founder of Miami-based crypto project CluCoin has pleaded guilty to stealing over $1 million from investors and spending the money at online casinos.
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Crypto Promoter and Failed Politician Michelle Bond Accused of Illegally Taking FTX Cash
Michelle Bond, who once ran a Washington-based crypto advocacy group and had served as a U.S. Securities and Exchange Commission lawyer, was indicted in federal court for taking illegal campaign contributions during her 2022 run for Congress, and court documents detail how a river of cash came through her former FTX executive boyfriend.
Sam Altman’s Worldcoin Violated Data Policies, Colombia Regulator Says
Worldcoin is currently collecting data of individuals with its Orb device in 25 locations of the Latin American country.
OmegaPro Co-Founder Arrested in Turkey on Suspicion of $4B Ponzi Scheme: Reports
The firm said it invested in cryptocurrency and forex, and reportedly collapsed in 2022.
CoinDesk 20 Performance Update: RNDR Surges 6.9% as Index Inches Higher
Eleven assets in the CoinDesk 20 gained, with LINK joining RNDR as the strongest performer.
Fed Chair Jerome Powell Expected to Set Stage for September Rate Cut
Bitcoin remains nearly 20% below its all-time high, while U.S. stocks and gold are at or within close shouting distance of record levels.
Memecoin Frenzy Reaches Tron as Justin Sun-Backed SunPump Rakes in Big Bucks
The memecoin generator launched in mid-August and has crossed $1 million in revenues in its first nine days – a large amount considering Tron’s low fees.
NEAR Blockchain Gets Major Upgrade to Add ‘Stateless Validation’
NEAR Protocol has deployed a major upgrade known as “Nightshade 2.0” on its main network, designed to improve the scalability and usability of the blockchain.
Stablecoin Issuing System M^0 Employs Fireblocks for Crypto Custody
M^0 allows stablecoin issuers to incentivize distributors, liquidity providers and so on by programmatically sharing yield among an ecosystem of users.
Avalanche Becomes Latest Blockchain to Support Franklin Templeton’s Tokenized Money Market Fund
The fund’s official record of share ownership is kept on the Stellar network and the fund may also use Polygon and Arbitrum for certain accounts.