Binance’s Settlement: A Significant Win For The Crypto Industry, Says Mike Novogratz

In a recent development, Binance‘s $4.3 billion settlement with U.S. authorities has received accolades from Galaxy Digital CEO, Mike Novogratz, who touts it as a progressive move for the cryptocurrency industry. Novogratz voiced that the hefty settlement by Binance with the United States Department of Justice (DOJ) should alleviate the apprehensions of investors and users […]

US Government’s premature Bitcoin selling results in $6 billion loss!

The United States government, one of the largest holders of Bitcoin (BTC) in the world, missed out on potential gains exceeding $6 billion by selling its Bitcoin holdings prematurely. The US government’s seized Bitcoin tally stands at 210,429 BTC, valued at over $7.2 billion, as of October 31, 2023. Data from the on-chain analytics firm […]

Elon Musk challenges SEC’s authority amidst Twitter probe controversy

Amid legal allegations, Elon Musk has criticized the United States Securities and Exchange Commission (SEC) and Department of Justice (DOJ), claiming they are abusing their regulatory authority. Musk is facing a lawsuit by the SEC, which alleges that he failed to testify in a probe related to his $44 billion purchase of Twitter (now X) […]