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04 Apr 2024 12:09

According to data, Bitcoin ended Q1 with a 64% increase, marking its third-best quarterly performance in the last three years.

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04 Apr 2024 10:47

Apple is reportedly venturing into personal robotics, potentially its "next big thing," with projects like a mobile home robot and an advanced tabletop device with robotics-enhanced display.

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04 Apr 2024 09:18

Fed officials, led by Jerome Powell, emphasized the importance of further discussion and data analysis before considering interest rate cuts. According to the officials:

⚫️It may be appropriate to lower the interest rate this year
⚫️Don't expect rate cuts until there's more confidence that inflation is consistently moving towards 2%
⚫️More macroeconomic data is needed
⚫️It's too early to talk about easing monetary policy

Meanwhile, Bostic from the Fed predicts just one rate cut this year, likely in the fourth quarter.

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03 Apr 2024 20:59

According to the data, Bitcoin's correlation with altcoins has decreased since the beginning of 2024, possibly due to growing institutional interest in Bitcoin and the launch of spot Bitcoin ETFs in the US.

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01 Apr 2024 08:59

Tron seeks to dismiss the SEC lawsuit, claiming the SEC has no authority over tokens sold abroad. This follows allegations against Tron and Justin Sun of illegal sales and fraud last March.

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01 Apr 2024 08:23

FTX plans to begin creditor payouts by end of 2024, with claim submissions open until at least June 2024, valuing claims at November 11, 2022 prices.

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31 Mar 2024 09:27

HKVAEX, linked to Binance, will close, mandating asset withdrawals by April 30 after retracting its Hong Kong SFC license application.

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30 Mar 2024 10:32

Pavel Durov, the CEO of Telegram, will be making an appearance at the TOKEN2049 Dubai as a speaker.

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29 Mar 2024 23:53

Custodia Bank lost the lawsuit challenging the Fed's rejection of its master account application.

Custodia sued the Fed in June 2022, arguing that the Federal Reserve Bank of Kansas City had been taking too long to make a decision on its application for a master account. Master accounts allow banks and depository institutions to directly access the Federal Reserve, rather than require them to go through intermediary banks.

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29 Mar 2024 12:31

Taiwan reportedly approved the formation of a crypto industry association, marking a step towards regulatory clarity and self-regulation in the sector.

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29 Mar 2024 08:24

KuCoin's HKVAEX withdrew its virtual asset trading platform license application from Hong Kong's Securities Regulatory Commission after being sued by the US DOJ.

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29 Mar 2024 07:13

Google now allows users to search for wallet addresses and view balances on various blockchains including Bitcoin, Arbitrum, Avalanche, Optimism, Polygon, and Fantom.

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28 Mar 2024 17:00

SBF was found guilty on seven charges of wire fraud and conspiracy in November 2023.

Just before announcing SBF's 25-year sentence, Judge Kaplan said there was a risk "that this man will be in a position to do something very bad in the future, and it's not a trivial risk."

In addition to the prison sentence, Kaplan also ordered a forfeiture of $11.2bn. However, he said there would be no restitution because it would "impractical" in this case with so many victims.

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28 Mar 2024 16:43

Judge Lewis Kaplan stated that SBF’s claim that FTX’s customers will get their money back "is misleading, it is logically flawed, it is speculative."

SBF's lawyers have said that the exchange has the assets to make its customers whole, while SBF has claimed:

"The harm to customers, lenders, and investors is zero".

Telo News - Crypto | DeFi | Web3

28 Mar 2024 15:52

After SBF's lawyer spoke, SBF addressed the court directly, saying:

"A lot of people feel really let down, and they were very let down, and I am sorry about that. I am sorry about what happened at every stage. And there are things I should've done and things I shouldn't have."

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04 Apr 2024 11:19

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04 Apr 2024 10:05

Telegram recently rolled out a new revenue-sharing model, offering channel owners 50% of ad revenue from their channels. Channel owners with public channels having at least 1,000 subscribers are eligible for this program, allowing them to earn from the over 1tr monthly channel views on Telegram.

Following Telegram CEO Pavel Durov's announcement of exclsuively using the TON blockchain for the Telegram Ad Platform, the value of Toncoin saw a 150% rise in the month.

As well, a record-breaking 156k TON wallets were activated on March 31, more than doubling the network's previous record for new activations in a single day. The Total Value Locked (TVL) on the TON blockchain also reached new highs.

A CoinDesk analysis of Telegram's TON-based advertising platform shows it to be more accessible and cost-effective than previous marketing efforts on Telegram. Advertisers can now initiate campaigns on Telegram's crypto platform, Fragment, with just 20 TON (approximately $105), a significant reduction from the former minimum of €2m required for official Telegram campaigns.

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04 Apr 2024 08:05

Irina Dilkinska, ex-OneCoin legal head, received a four-year sentence for laundering funds from the $4 billion scam, with her request to return to Bulgaria for her children denied by the judge.

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01 Apr 2024 10:15

Bitwise urges the US SEC to delay Ethereum ETF approval until December, citing the industry's Bitcoin focus.

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01 Apr 2024 08:34

Telegram will allow owners of public channels with over 1,000 subscribers to earn 50% of ad revenue, available on Fragment soon.

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31 Mar 2024 13:00

Binance CEO Richard Teng visited South Korea to discuss market entry issues with financial authorities, following Binance's 2022 entry via Gopax acquisition.

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30 Mar 2024 15:37

ConsenSys advocates for a spot Ethereum ETF, citing its superior security and environmental benefits compared to Bitcoin ETFs.

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30 Mar 2024 01:01

💌💌💌💌💌
✔️ This week's crypto market highlights:

⚫ Spain's High Court suspends Telegram
⚫ CommEX to cease operations
⚫ Interpol target Binance execs with warrant
⚫ KuCoin founders charged in US
⚫ OKX API glitch misreports user balances
⚫ 21Shares launches TON-based staking ETP
⚫ SBF gets 25-year sentence for FTX fraud
⚫ Binance exec sues Nigeria

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29 Mar 2024 19:46

Grayscale is launching a proof-of-stake investment fund targeted at high-net-worth individuals.

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29 Mar 2024 10:35

Binance executive Tigran Gambaryan sued Nigeria's government, alleging rights violations during his detention.

He seeks the return of his passport and a public apology.

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29 Mar 2024 08:18

Brazil's B3 stock exchange will reportedly start trading Bitcoin futures on April 17, approved by the country's securities regulator.

The futures, tied to the Nasdaq Bitcoin Reference Price, offer a way to hedge against Bitcoin price changes without buying or selling actual Bitcoin.

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28 Mar 2024 18:31

US and UK authorities are reportedly probing $20bn USDT trading via sanctioned Russian exchange Garantex, aiming to curb support for Russia's war in Ukraine.

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28 Mar 2024 16:48

⚡️⚡️⚡️⚡️⚡️⚡️

SBF is sentenced to 25 years in federal prison for defrauding customers and investors in crypto exchange FTX.

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28 Mar 2024 16:35

Judge Kaplan stated many facts are not disputed, including that SBF had a privileged background, has autism, and agreed with prosecutors' claim that SBF "wanted to be a hugely, hugely politically influential person in this country," and that that propelled his financial crimes.

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28 Mar 2024 15:49

SBF's lawyer, Michael Mukasey, said:

"He [SBF] never sought out to be the king of crypto. He just wanted to have the largest positive impact in the world. But it was not ends justify the means, that would harm the altruistic movement."