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Injective (INJ)has integrated with Mountain Protocol to launch USDM, a yield-bearing stablecoin, enhancing the DeFi ecosystem with tokenized treasury bills. (Read More)
Cryptocurrency companies have raised $134 million for political contributions during the 2020 election, prompting regulatory concerns. This surge in spending has caught the attention of government agencies and lawmakers who are worried about the influence of these funds on the electoral process. The influx of money from the crypto industry has raised questions about transparency [...]
The post 2024 US Election Spending by Crypto Firms Raises Influence Concerns, Amounting to $134M appeared first on Crypto Breaking News.
According to a lawsuit filed this week with the U.S. Bankruptcy Court for the District of Delaware, FTX lawyers are seeking to claw back $700 million from K5 Global Technology, its subsidiaries, and the firm’s founders. The attorneys allege that the defendants received funds without undergoing any due diligence, and FTX did not obtain “equivalent [...]
The post FTX Seeks to Claw Back $700M in Lawsuit Over Alleged Funds Misappropriation and Influence-Building Scheme appeared first on Crypto Breaking News.
Canadian law enforcement reports that affluent cryptocurrency investors have become targets of home invasion-style robberies. Both Delta Police and Royal Canadian Mounted Police in Richmond have issued warnings after having dealt with multiple robberies involving prominent cryptocurrency investors over the past year. Wealthy Crypto Investors Become Targets in Canada Over the last 12 months, numerous [...]
The post Canadian Police Warn of Surge in Home Invasion-Style Robberies Targeting Affluent Crypto Investors appeared first on Crypto Breaking News.
Cipher Mining’s financial report for 2024 showed a decrease in revenue compared to the previous year, leading to increased operating losses. The company, which specializes in cryptocurrency mining, faced challenges in the volatile market, resulting in a 15% dip in earnings. Despite efforts to streamline operations, Cipher Mining struggled to offset the effects of market [...]
The post Cipher Mining Plummets 17% as Losses for 2024 Continue to Mount appeared first on Crypto Breaking News.
Shiba Inu's Metaverse team made an unexpected partner in Paramount's Futurist Ted Schilowitz during SXSW Texas.
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