BITPRISMIA
The article discusses a surge in crypto-related crime losses in the U.S. in 2024, highlights a case involving ransomware extortion, and mentions regulatory actions in Hong Kong and the Czech Republic.
The article covers recent developments in the cryptocurrency market, including the merger of KindlyMD with Nakamoto Holdings, market trends, and notable movements in various cryptocurrencies and NFTs.
Taiwan-listed company WiseLink leads a $10 million investment in Top Win International, a Hong Kong-based luxury watch trader expanding into Bitcoin treasury financing, citing the current global monetary environment as a golden opportunity for Bitcoin strategies.
Illegal cryptocurrency mining in Tajikistan and Kazakhstan has caused significant financial damages and energy misuse, with authorities reporting millions in losses and criminal cases.
The article discusses Hong Kong's new regulations for stablecoins and cybersecurity standards for virtual asset trading platforms, alongside updates on SEC decisions and a theft case involving Solana.
The U.S. Securities and Exchange Commission (SEC) has delayed its decision on Solana exchange-traded funds (ETFs) proposals, while Solana meme coins experience a market slump as investors shift focus to Ethereum and 'quality-focused' assets.
The article discusses recent economic data, including a hotter-than-expected U.S. Producer Price Index (PPI), and its impact on cryptocurrency markets, with Bitcoin and Ethereum experiencing declines, while Cardano shows resilience.
Jarett Dunn, a former Pump.fun developer, admitted to stealing Solana tokens, while Pump.fun's ecosystem and Solana meme coins experience significant growth.
Andy Constan, CEO of Damped Spring Advisors, accuses Strategy (formerly MicroStrategy) of misleading investors by comparing its P/E ratio to S&P 500 firms, implying recurring earnings when they were driven by a one-off increase in Bitcoin's value.
Ark Invest increased its crypto exposure by purchasing over 2.5 million shares of Bullish (BLSH) during its IPO, adding to its substantial holdings in various crypto-related assets.