Sam Bankman-Fried, the former FTX CEO now serving time for financial fraud, has been relocated to a medium-security prison in Southern California.
The Bitcoin Conference and America250 Announce “Code & Country” At Bitcoin 2025 in Las Vegas
Code & Country Welcomes Key Government Officials, the Global Tech Industry, and Bitcoin Leaders To Discuss the Future of Tech and Policy LAS VEGAS, April 10, 2025 – The Bitcoin Conference, the world’s largest Bitcoin and fintech event, and America250 announced “Code & Country,” a first-of-its kind program exploring the intersection of publi
EUR/USD Hits Highest Level in Over Three Years
This morning, the euro surged above the 1.1300 mark against the US dollar for the first time since February 2022. Throughout this week, the EUR/USD pair has broken through the highs of both 2023 and 2024. Why Is EUR/USD Rising? Amid the whirlwind of news surrounding the imposition and suspension of tariffs in US–EU trade, […]
$40 Million AI Scam? Humans, Not Tech, Powered Shopping App
A US tech founder is facing fraud charges after claims that his company’s artificial intelligence (AI) was actually people working from a call center in the Philippines.
Federal Authorities and SEC Accuse App Developer of Fraud, Alleging ‘AI’ Service was Staffed by Workers in the Philippines
The Federal Trade Commission and Securities and Exchange Commission have filed charges against an app maker for allegedly operating a fraudulent AI service that claimed to be powered by artificial intelligence but was actually run by workers in the Philippines. The regulatory agencies have accused the company of deceiving customers by falsely marke
Janover Joins Solana Trend With New $4.6M Treasury Move
Janover invested $4.6 million in Solana and plans to stake and run validators as part of a long-term treasury move. Major firms like PayPal and Citibank are increasingly backing Solana, boosting its appeal across traditional and digital finance sectors. Janover, a fintech company specializing in commercial real estate, has officially made a breakth
Avalanche Adoption Grows as VanEck Seeks AVAX ETF Listing on Nasdaq
VanEck and Grayscale are racing to launch AVAX ETFs, signaling rising institutional interest and potential mainstream adoption of Avalanche. Despite a 56% price drop since January, ETF filings may help stabilize AVAX and attract new capital if regulatory approval is secured. Avalanche (AVAX) began gaining momentum in March, as CNF reported a strong
Gold Price Surpasses $3,200 for the First Time in History
According to the XAU/USD chart today, the price of an ounce of gold is fluctuating above the $3,200 level on global exchanges — a level never reached before. Since the beginning of 2025, gold has gained approximately 22%. Why Is Gold Rising Today? Today’s bullish momentum in the gold market is driven by two key […]
Opportunity Knocks: US Crypto Miners Eye Buying Rigs as Tariffs Paused Despite Competitive Disadvantages
The temporary pause in tariffs on electronic devices by the Trump administration is leading to a potential surge in demand for cryptocurrency mining rigs. The mining community is anticipating a rush to buy rigs due to the relief provided by the tariff halt. Cryptocurrency miners typically rely on powerful rigs to mine coins effectively. These [&hel
Ethereum Dips Over 7% as Bearish Signals Remain Strong
Ethereum (ETH) has dipped more than 7% in the past 24 hours. However, everyone expected some relief from Trump’s 90-day tariff pause. The market reaction has stayed cautious, with technical indicators still pointing to a bearish outlook. Source: https://edition.cnn.com/2021/05/04/investing/ethereum-bitcoin-cryptocurrencies/index.html The […] The po