Chicago Mercantile Exchange Eyes Bitcoin Trading to Seize Growing Market Demand: Report
The Chicago Mercantile Exchange (CME) is reportedly planning to launch Bitcoin trading, seeking to capitalize on the swelling demand for Bitcoin among Wall Street fund managers this year. The Financial Times reported Thursday that the CME has been in talks with
Vanguard’s New CEO Affirms No Plans to Launch Bitcoin ETF Despite Industry Interest
Salim Ramji, the newly appointed CEO of Vanguard, has confirmed that the company will not reverse its decision to refrain from launching a spot Bitcoin exchange-traded fund (ETF). In a recent interview with Barron’s, Ramji, who previously headed BlackRock’s global ETF business,
Canadian ‘Crypto King’ and Associate Arrested for Alleged $29.4M Investor Fraud
Two Ontario men, one of whom is a self-described “Crypto King,” have been arrested and charged with fraud. They allegedly received over C$40m ($29.4m) from investors. Aiden Pleterski, 25, was charged with fraud exceeding C$5,000 and laundering criminal proceeds on May 2.
South Korean Police Officers on Trial in ‘Crypto Fraud Bribes’ Case
Two South Korean police officers are standing trial over alleged bribery in an increasingly high-profile crypto fraud case. The newspaper Namdo Ilbo reported that on May 14, the Gwangju District Court’s Criminal Division began the trial of a 59-year-old superintendent police
Brothers Arrested for Allegedly Exploiting Ethereum Blockchain to Steal $25 Million in 12 Seconds
In a landmark case that has to be the first of its kind, two brothers, both graduates of the prestigious Massachusetts Institute of Technology (MIT), have been apprehended and charged with exploiting a vulnerability in the Ethereum blockchain. Their alleged actions resulted
Bitcoin Price Prediction as US Core Inflation Data is Released – Is the Bull Market About to Start?
Bitcoin Price Prediction Bitcoin’s price surged by 7.50% to $66,350 amid the latest U.S. inflation data release. The U.S. consumer price index (CPI) rose by 0.3% in April, down from 0.4% in March and February. This lower-than-expected increase suggests inflation is
Russian Teens Arrested for ‘Crypto-powered Money Laundering’ – Report
Two Russian teenagers have been arrested in a crackdown on a suspected crypto-powered “money laundering” ring, a police source claimed on May 14. Per the news agency URA, an unnamed “law enforcement agency” member in the Khanty-Mansi Autonomous Okrug said the
Biden and Trump agree to CNN debate in June, ABC faceoff in September
President Biden and former president Donald Trump agreed Wednesday to a June 27 debate on CNN and a Sept. 10 debate broadcast by ABC News, bypassing the decades-old tradition of three fall meetings organized by the bipartisan Commission on Presidential
Supreme Court restores Louisiana voting map with majority-Black district
The Supreme Court restored a congressional voting map in Louisiana on Wednesday that includes an additional majority-Black district, handing a victory to African American voters and Democrats less than six months before the November election. The order was in response to
Senators studied AI for a year. Critics call the result ‘pathetic.’
For much of the last year, Senate Majority Leader Charles E. Schumer and a bipartisan group of his colleagues have been huddling with tech CEOs, civil rights leaders and top researchers to develop an “all hands on deck” plan to