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Chinese Crypto Launderer Faces Sentencing in $73 Million Scam Scheme
Daren Li, a 41-year-old dual Chinese citizen, has pleaded guilty to his involvement in a large-scale crypto laundering operation tied to a $73 million fraud scheme. Li admitted to a single count of conspiracy to commit money laundering, a charge... -
Nano Labs Now Accepts Bitcoin for Chip Payments Amid Digital Shift
On November 11, Nano Labs, a leading Chinese crypto mining-chip maker based in Huangzhou, announced it will start accepting Bitcoin payments for its products and services. The Nasdaq-listed company introduced the new payment option via Coinbase as part of its... -
Tesla Short Sellers Lose Billions as Stock Rises to Multi-Quarter High
Tesla stock (NYSE: TSLA) has risen almost 50% since the US elections and is trading at the highest level in nearly two years. While the rally is a welcome break for investors who were long TSLA, as the stock was... -
Bitcoin Ownership Becomes Political Priority After U.S. Election, Says NYDIG
Following the recent U.S. elections, the New York Digital Investment Group (NYDIG) has emphasized the rising importance of Bitcoin ownership. NYDIG’s global head of research, Greg Cipolaro, warned in a November 11 article that it’s increasingly risky for investors to... -
Trump’s Plan to Replace SEC Chair Gensler Could Boost Crypto Innovation
As we know, the U.S. Securities and Exchange Commission (SEC) oversees financial markets, including cryptocurrencies. There’s growing talk about the future of the SEC’s leadership after the U.S. presidential election. President-elect Donald Trump has said he plans to remove Gary... -
Bitcoin’s Rise: Regulatory Support and Trump’s Pro-Crypto Stance Fuel Optimism
Bitcoin has reached new record highs, marking a memorable moment for the cryptocurrency market. According to Vishal Sacheendran, Binance’s head of regional markets, this achievement highlights Bitcoin’s growing popularity and stability. He believes Bitcoin is becoming an increasingly important asset,... -
Robinhood Legal Chief Dan Gallagher Considered for SEC Chair Role under Trump Administration
Dan Gallagher, Robinhood’s legal head, is reportedly a top candidate for the Securities and Exchange Commission (SEC) chair under the upcoming Trump administration. Gallagher, currently overseeing legal and compliance for Robinhood, previously served as an SEC commissioner from 2011 to... -
Analysts Turn Bullish on Tesla After Trump’s Election as US President
Tesla stock (NYSE: TSLA) rose almost 15% yesterday and was the rare stock in the renewable energy and electric vehicle (EV) ecosystem to have rallied after Donald Trump’s election as the 47th US president. It was otherwise pretty much a... -
Hodler Investments & GCL Energy Partner with $500M Fund to Boost Ethiopia’s Digital Economy
Hodler Investments, an investment firm from the UAE, has partnered with GCL Energy Investment to start a new energy project in Ethiopia. However, the goal is to build the energy infrastructure needed to power advanced data centers, which will support... -
FTX Co-Founder Gary Wang Seeks No Jail Time, Citing Key Role in SBF’s Conviction
Gary Wang, the co-founder and former technology officer of the bankrupt cryptocurrency exchange FTX, has requested no jail time ahead of his sentencing in Manhattan federal court. Wang's legal team filed a sentencing memo on November 6, asserting that his...


