Crypto News
42% of American Millennials Shop With Crypto, Study Finds
A new study finds that 42% of U.S. millennials have made purchases using cryptocurrency, with 8% using it whenever possible and 14% on occasion. 93% of Millennials Aware of Crypto With U.S. millennials increasingly aware of or owning cryptocurrencies, a new study found 42% have purchased “something” using crypto. In fact, the Millennial Shopping Habits:Source link
Viant Technology Could Benefit From Buying Bitcoin, Eric Semler Says
Viant Technology (DSP), an ad tech company, could unlock significant shareholder value by adopting a bitcoin (BTC) treasury strategy according to Eric Semler, the chairman of Semler Scientific (SMLR), the scientific-equipment maker that also adopted a bitcoin-buying policy.Viant joins Zoom Communications (ZOOM) and Coursera, Inc. (COUR) on Semler's list of “Zombie Zone” companies that, he says, have untapped capital and an urgent need to rethink strategic direction. Neither of the previous two followed his advice.In a post on X, Semler highlighted Viant’s stock performance as a key indicator of investor skepticism toward the company’s long-term growth prospects. The shares are down 44% since the company's 2021 IPO and slumped 50% in February alone.Despite this, Viant maintains a strong financial foundation,...
DEX Aggregator 1inch Expands to Solana, Enhancing DeFi Ecosystem
Decentralized exchange (DEX) aggregator 1inch has announced the expansion of its services to the rapidly growing Solana blockchain, solidifying its position as a leading swap marketplace in the decentralized finance (DeFi) ecosystem. With the integration of Solana, 1inch users can now enjoy secure token swaps at optimal rates, leveraging the blockchain’s impressive metrics, which includeSource link
DOJ Seeks 20-Year Sentence for Celsius Founder Alex Mashinsky
Alex Mashinsky, the founder and former CEO of collapsed crypto lender Celsius Network, faces the prospect of spending the next two decades behind bars if the U.S. Department of Justice's sentencing memo request is granted.In the memo filed late Monday, the DOJ urged the court to impose a 20-year prison sentence, calling the crimes a “deliberate, calculated” fraud that caused nearly $7 billion in customer losses and left thousands financially devastated.Mashinsky, who pleaded guilty in December to misrepresenting the safety of customer deposits and manipulating Celsius's CEL token, “refuses to accept responsibility” for his crimes and continues to shift blame to regulators, market conditions and even his victims, prosecutors said.“Mashinsky’s crimes were not the product of negligence, naivete, or bad...
Crypto Czar David Sacks and Gemini Exchange Owners Join Donald Trump Jr.’s Exclusive $500K Private Club
A new private membership club in Washington, D.C., called Executive Branch, co-founded by Donald Trump Jr., is making headlines with its $500,000 membership fee and an existing waiting list. The club, which held a launch party over the weekend, attracted prominent figures including crypto czar David Sacks, Gemini exchange founders Tyler and Cameron Winklevoss, andSource link