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5 US States Settle With GSB Group Over Unregistered Crypto Sales

Five U.S. states have reached a settlement with GSB Group over unregistered securities sales tied to digital assets. Residents of the states will receive refunds for all fiat and cryptocurrency…

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AI Powerhouse Openai Reportedly Seeking to Raise $6.5 Billion at a $150 Billion Valuation

Openai, the company at the center of the artificial intelligence (AI) revolution, is reportedly seeking to raise $6.5 billion from investors, reaching a valuation of $150 billion. According to Bloomberg,…

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CFTC Teams up With SEC to Fight Cryptocurrency Scams

The Commodity Futures Trading Commission (CFTC) has partnered with several organizations, including the Securities and Exchange Commission (SEC), to educate the public about cryptocurrency scams, especially those involving fake romantic…

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Saudi Minister Hints at 86 Million Tonnes of Petroyuan Adoption, States Country Is ‘Open to New Ideas’

Bandar Alkhorayef, Saudi Minister of Industry and Mineral Resources, stated that while the petroyuan – the use of the Chinese currency to settle oil shipments – was not “substantial to…

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Microstrategy Buys 18,300 More Bitcoins, Boosting Total Holdings to 244,800 BTC

Microstrategy has acquired 18,300 additional bitcoins for $1.11 billion, funded through stock sales. As of Sept. 12, the company holds 244,800 BTC, purchased at a total cost of $9.45 billion.…

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17 Million Users Claimed Dogs Airdrop on TON Reaching ‘Unheard of’ Levels of Web3 Engagement

The TON team highlighted the magnitude of the recently concluded dogs token generation event and its subsequent airdrop, which disrupted its network several times. On social media, the TON team…

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Bitcoin Extortion Emails Demand Ransom, Show Google Maps of Victims’ Homes

The Douglas County Sheriff’s Office has alerted Minden, Nevada, residents to a scam involving threatening emails aimed at extorting money through bitcoin. The emails claim to possess personal details such…

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US Treasury Sanctions Cambodian Tycoon Over Crypto Fraud and Trafficking Links

The U.S. Department of the Treasury has imposed sanctions on Cambodian tycoon Ly Yong Phat and his businesses, linking them to human trafficking and forced labor scams involving cryptocurrency fraud.…

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Standard Chartered: Bitcoin Could Hit $125K Under Trump, $75K Under Harris

Standard Chartered has reaffirmed its projection that bitcoin will hit new all-time highs by the end of 2024, regardless of the U.S. election outcome. The bank’s digital assets head predicts…

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