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Post #3941 28.6K
The CFTC charges a Florida man over a $397 MILLION crypto Ponzi scheme with 1,600 victims.

Christopher Delgado and his firm Goliath Ventures allegedly lied about putting customer funds in DeFi liquidity pools.

Instead he spent $48 million on a yacht, $4.9 million on world travel and $2.9 million on luxury apparel and jewelry.

Delgado already pleaded guilty to wire fraud in June and faces up to 20 years per count. The SEC filed parallel charges Tuesday.

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  • ❀ 15
Post #3939 22.7K
πŸ‡ΊπŸ‡Έ White House vows to PASS the crypto CLARITY Act in September.

Patrick Witt says the Trump administration remains β€œfully committed” to passing the crypto bill, adding, the US "can’t afford to wait forever.”

The bill now faces a 60-vote test on September 15.

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  • ❀ 18
Post #3937 22K
Michael Saylor hints at buying more Bitcoin.

"Doing β‚Ώusiness."

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  • πŸ”₯ 12
Post #3935 29.2K
Coinbase CEO Brian Armstrong says "Bitcoin gives a store of wealth that can't be inflated away."

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  • ❀ 13
Post #3934 21.1K
MIchael Saylor on why Strategy sold $BTC.

"The market's position was the company is worthless. Bitcoin is going to zero because they can't sell."

"So we sold the Bitcoin at $59,000 and it traded up."

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  • ❀ 19
Post #3932 27.5K
White House Official Patrick Witt says Democrats blocked a vote on the Crypto Clarity Act before summer recess.

"If they can't get there by September 15, they never will."

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  • ❀ 17
Post #3930 38.2K
Bitcoin Core developer Luke Dashjr says changing Bitcoin's proof-of-work is "the only option" if BIP 110 fails.

Critics warn if six mining pools can block the proposal, Bitcoin's decentralization is "effectively lost." Meanwhile, Bitcoin briefly topped $65,340, its highest since July 27, before pulling back near $65,000.

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  • ❀ 18
Post #3928 44.8K
Brazil's central bank will delay crypto transfers over $10,000 by up to 24 hours under new anti-fraud rules.

The rule targets transfers to foreign exchanges and self-custody wallets, citing the growing use of stablecoins to move money from financial scams.

The measure takes effect next year, the central bank says it is not an asset freeze.

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  • πŸ‘ 13
Post #3927 37.2K
Michael Saylor says "Bitcoin doesn't need Clarity. America needs clarity."

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  • ❀ 35
Post #3926 30.9K
Fed Chair Kevin Warsh is prepared to raise interest rates in September if inflation is higher than expected.

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  • πŸ”₯ 8
Post #3925 47.3K
EU regulators warn crypto scams are rising as fraudsters exploit MiCA-related shutdowns by impersonating exchanges and watchdogs.

Firms that missed the July 1 licensing deadline must tell customers to move their assets, creating an opening for criminals to exploit the confusion.

Only 323 crypto firms are licensed, while more than 1,700 may have to close.

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  • ❀ 16
Post #3924 26.6K
Putin signs Russia's first comprehensive cryptocurrency law, legalising regulated trading from September 1.

Only the most liquid coins, including BTC, ETH and USDT, will be approved for trading through licensed exchanges supervised by Russia's central bank.

Crypto payments remain banned.

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  • ❀ 25
Post #3922 25K
Ethereum researchers propose to CUT validator rewards to ZERO if half of all ETH becomes staked.

The proposal EIP-8363 would gradually reduce newly created ETH rewards, reaching zero if staking rises from around 34% today to 50% of total supply.

Critics warn the move could force out solo stakers, giving larger operators even more control.

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  • ❀ 18
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