Raymond Munene

Highlights: Metaplanet adds 21.88 BTC to its reserves, totaling 225.6 BTC, valued at $14.6 million. The firm’s share price surged 25% following the latest Bitcoin purchase announcement. Metaplanet aims to hedge against inflation and a weakening yen by holding Bitcoin […]

Highlights: Prosecutors allege Tether and Bitfinex manipulated crypto prices with unbacked USDT, inflating market demand. The amended complaint streamlines previous allegations, focusing on market manipulation and antitrust violations. Tether’s spokesperson claims the lawsuit’s allegations are baseless and lacks supporting evidence. […]

Highlights: Tether hires Philip Gradwell to lead economic analysis, enhancing transparency amid regulatory scrutiny. Gradwell will quantify Tether’s economy and communicate its usage to regulators and stakeholders. Tether aims to strengthen USDT’s role in supporting the US dollar with Gradwell’s […]

Highlights: Judge Aileen Cannon dismissed Trump’s classified documents case, citing the unconstitutional appointment of special counsel Jack Smith. Trump expected to attend the Bitcoin Conference despite recent legal battles and an assassination attempt. Dismissal does not impact Trump’s other legal […]

Highlights: Donald Trump survives an assassination attempt on July 13 during a rally in Pennsylvania. Trump will attend the Bitcoin 2024 conference, ensuring his speech is in person. Endorsements from Elon Musk and Justin Sun followed the failed assassination attempt. […]

Highlights: Tether froze a TRON wallet containing $29.62 million in USDT linked to the Cambodian Huione Group. The freeze was due to the wallet’s involvement in laundering funds for criminal activities like fraud and crypto theft. Despite the freeze, the […]

Highlights: Richard Teng emphasizes Binance’s resilience and growth despite regulatory challenges in the U.S. and globally. Teng highlights 2024 as a landmark year for crypto, noting the approval of spot Bitcoin ETFs. Binance continues to build global trust and streamline […]

Highlights: The Nigerian court will announce its ruling on October 11, following a plea of not guilty. Binance faces four counts of tax evasion, including failure to register with Nigeria’s FIRS. Charges against two Binance executives were dropped, but they […]

Highlights: Reps. Hill and McCormick urge the U.S. to classify Binance exec Tigran Gambaryan’s detention in Nigeria as a hostage situation. Gambaryan’s health has severely deteriorated in Nigerian custody, diagnosed with pneumonia and malaria. Sixteen Congress members and ex-federal prosecutors […]

Highlights: The SEC ended its three-year investigation into Hiro Systems and the Stacks Blockchain with no enforcement action. Hiro raised $70 million through token sales between 2017 and 2019, initially treating tokens as securities. The SEC’s decision comes amid a […]

Highlights: Caroline Crenshaw is facing significant pushback from the crypto community as she seeks reconfirmation. Crenshaw’s opposition to Bitcoin spot ETFs has made her a controversial figure among crypto advocates. Former Senator Pat Toomey calls on Republicans to block Crenshaw’s […]

Highlights: SEC ends investigation into Paxos BUSD with no enforcement action. Court ruling favoring Binance influenced SEC’s decision on BUSD. Paxos’ stablecoins are backed by US dollar reserves, ensuring customer asset safety. The US Securities and Exchange Commission (SEC) has […]