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DOJ charges former Cred execs over $783M fraud and money laundering scheme

The DOJ has charged three former Cred executives, including its ex-CEO, over an alleged scheme that led to $783 million in customer crypto losses. The post DOJ charges former Cred execs over $783M fraud and money laundering scheme appeared first on Crypto Briefing.

Sat May 4, 2024 04:45
Bitcoin hits $63,000 following first-time inflows into Grayscale Bitcoin Trust

Bitcoin surged to $63,000 after Grayscale's GBTC ETF recorded a turnaround with $63 million in new inflows. The post Bitcoin hits $63,000 following first-time inflows into Grayscale Bitcoin Trust appeared first on Crypto Briefing.

Sat May 4, 2024 03:14
Web3 gaming reception shifts from skepticism to enthusiasm: Shrapnel’s Head of Studio

Excitement among PC gamers for Web3 gaming is growing, as revealed by Ultra's survey and insights from Shrapnel's Don Norbury. The post Web3 gaming reception shifts from skepticism to enthusiasm: Shrapnel’s Head of Studio appeared first on Crypto Briefing.

Sat May 4, 2024 02:25
“US government can’t go bankrupt because we can print our own money,” says Biden Administration

Jared Bernstein's remarks on US money printing spark controversy and bring Bitcoin into the spotlight as a potential inflation hedge. The post “US government can’t go bankrupt because we can print our own money,” says Biden Administration appeared first on Crypto Briefing.

Fri May 3, 2024 23:17
Crypto startups received $935 million from VC funds in April

April's VC investments in crypto startups totaled $935 million, with a focus on blockchain infrastructure and DeFi sectors. The post Crypto startups received $935 million from VC funds in April appeared first on Crypto Briefing.

Fri May 3, 2024 23:17
LayerZero demands sybil airdrop farmers to self-report

LayerZero has told sybil airdrop farmers to come forward or "receive nothing" by May 17. The post LayerZero demands sybil airdrop farmers to self-report appeared first on Crypto Briefing.

Fri May 3, 2024 22:34

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