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Las Vegas businessman faces 280 years in prison after $24 million crypto fraud conviction

A federal jury convicted Las Vegas businessman Brent Kovar in a $24 million cryptocurrency scheme involving at least 400 investors.

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Bitcoin holds above $80,000 backed by ETF flows; bull market case ‘early but optimistic,’ analyst says

Analysts say it's still too early to tell if this will translate into a bull market, given sticky inflation and geopolitical uncertainty.

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Franklin Templeton partners with HashKey to offer tokenized money market fund in Asia

HashKey said it has launched the Franklin OnChain US Government Liquidity Fund on the platform's Earn channel.

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Blockchain Association backs Treasury’s proposed GENIUS Act rules for stablecoin issuers

It backs limiting client ID requirements to direct issuer-customer transactions in the primary market, while calling for clearer definitions.

NEWS · enThe Block RSS3일 전

San Francisco-based gaming founder convicted of operating fraudulent crypto trading fund

Dillman faces a maximum penalty of 20 years and a $250,000 fine for each count of conviction, according to the DOJ.

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US escalates Iran pressure with sanctions on crypto, aviation, shipping and gold as part of ‘economic D-Day’

The U.S. Treasury Department is zeroing in on digital assets it says are being used to bolster Iran’s economy.

NEWS · enThe Block RSS3일 전

Crypto exchange volumes double in five days as market activity rebounds

Monthly volume tells a similar story, with $490 billion traded so far in August compared to $670 billion in July.

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Hyperliquid Policy Center urges SEC, CFTC to harmonize rules for perpetual contracts

The push comes as Hyperliquid's multi-asset perpetuals gain scale and draw scrutiny from traditional exchanges.

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Stand With Crypto ramps up midterm push with 32 House endorsements

Stand With Crypto is backing more than 30 House candidates as it looks to flex its political influence once more in the upcoming elections.

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Strive acquires 1,110 bitcoin for $81.5 million as total holdings reach 21,356 BTC

Strive purchased 1,110 bitcoin for $81.5 million, raising its total holdings to 21,356 BTC as the seventh-largest public company holder.

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‘Upside move in ETH was overdue,’ Tom Lee says as Bitmine buys another 32,447 ether

Bitmine's total crypto, cash, and other investments currently stand at $14.9 billion, and it owns over 4.8% of Ethereum's circulating supply.

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Strategy sells $2 billion in MSTR shares, makes no bitcoin purchases, establishes $1.6 billion ‘USD Cash’ pool

Strategy's total holdings account for roughly 4% of the 21 million bitcoin supply cap — worth around $66 billion.