Welcome to Amazing Crypto — Get all your latest Crypto News
-
Nvidia shares up 15% in 5 days — Will AI crypto tokens follow?
Nvidia’s share price saw a 15% increase after a brief slump during the previous trading week, prompting analysts to speculate about the price movements of AI crypto tokens. The share price of Nvidia (NVDA), one of the biggest producers of graphics processing units (GPUs), has recovered by 15% this week, leading analysts to speculate whether…
-
DOJ Disputes Roman Storm’s Characterization of Tornado Cash Operations in New Filing
The U.S. Department of Justice rebuffed Roman Storm’s motion to dismiss criminal charges against him late Friday.
-
Republic First Bank closed by US regulators — crypto community reacts
The bank’s 32 branches in the United States will reportedly reopen under Fulton Bank starting next week. United States regulators have reportedly closed Philadelphia-based Republic First Bank, marking the nation’s first banking failure of 2024.It has sparked debate among the crypto community amid Bitcoin (BTC), Ether (ETH), and several altcoins slightly faltering following the news.“Another…
-
Binance’s defense against SEC could be aided by Mango Markets case
Binance could strengthen its defense against the US Securities and Exchange Commission (SEC) by drawing on an unrelated case. On April 26, Binance and related parties filed a government document from an unrelated case against Mango Markets exploiter Abraham Eisenberg, who was convicted by a jury on April 18. The government’s argument Binance’s defense team…
-
UK law enforcement given new powers to seize, destroy digital assets linked to criminals
The UK government enacted new laws on April 26 that grant the National Crime Agency (NCA) and police enhanced powers to seize, freeze, and destroy digital assets linked to criminal activities. The new measures aim to disrupt the financial networks of organized crime groups that increasingly exploit cryptocurrencies to launder money . These legislative changes…
-
‘Lost’ Yuga Labs restructures again, with layoffs, new executive
The creator of the Bored Ape Yacht Club has been struggling with a changing market and still plans to focus on its Otherside metaverse project. Yuga Labs CEO Greg Solano had a “tough day,” he informed company employees in a message that he then shared with the world on X. Some of those employees had…
-
Custodia Bank files notice of appeal in Federal Reserve case
Custodia Bank filed a notice of appeal in its ongoing case against the US Federal Reserve on April 26. The bank intends to appeal an earlier judgment that denied its entitlement to a Federal Reserve master account, a service that allows access to the central bank’s system without relying on intermediary banks. Additionally, Custodia will…
-
Crypto Biz: X payment system, Block moves into Bitcoin mining and more
This week’s Crypto Biz examines X’s upcoming payment system, the NYSE’s potential 24/7 trading, Block’s expansion into Bitcoin mining, and more. Social media platform X is set to incorporate a wide range of financial services into its ecosystem. Christopher Stanley, X’s head of payments, compared the future functionality of the platform to the combination of…
-
Arthur Hayes believes Treasury’s next policy decision will lead to renewed surge for crypto, stocks
Former BitMex CEO Arthur Hayes believes the upcoming US Treasury policy actions under Secretary Janet Yellen could significantly influence the liquidity landscape and potentially catalyze rallies for crypto and stocks. Hayes said the market should stop focusing on the Fed’s policy decisions because the Treasury only has three options for its policy action next week…
-
John Deaton files amicus brief in support of Coinbase appeal against SEC
The lawyer said he had filed a brief on behalf of 4,701 Coinbase customers for no charge as part of his advocacy work in the crypto space. The crypto lawyer currently running a Senate campaign to unseat Elizabeth Warren has filed a brief in support of Coinbase appealing a matter in its case against the…
Got any book recommendations?