Crypto News

The 34-year-old victim broke both ankles after jumping out of a window in order to escape his captors.Source link

The firm trades on the Tokyo Stock Exchange and claims its bitcoin strategy has made it “the best-performing stock worldwide.” Metaplanet to Purchase $2 Billion Worth of Bitcoin by 2026 Japanese hotel developer turned bitcoin treasury firm Metaplanet, announced on Monday, plans to acquire 21,000 bitcoin (BTC) by the end of 2026. Bloomberg called theSource link

The crypto industry can likely look forward to two more agencies falling into line on its digital assets policy aims: the Office of the Comptroller of the Currency, which is one of the chief U.S. banking regulators, and the Consumer Financial Protection Bureau, where the lights are effectively being shut off.The sector's dicey relationship with U.S. banking can be expected to be further mitigated with the arrival of a new stand-in chief at the OCC, Rodney Hood, the crypto-friendly former chairman of the U.S. credit-union watchdog. As with other key financial oversight positions, President Donald Trump has tapped somebody who embraces cryptocurrency technology.When running the credit-union agency in 2021, he'd said, "Cryptocurrency needs to be a part of the credit...

Eric Council admitted guilt in helping to hack the SEC’s X account and trying to mislead the market about spot Bitcoin ETF approvals.Source link

Eric Council Jr., the Alabama man charged with hacking the X account of the U.S. Securities and Exchange Commission (SEC) to falsely post the agency had approved bitcoin exchange-traded funds, is set to plead guilty in the case.A "Consent Order of Forfeiture," filed in D.C. federal court shows Council has agreed to plead guilty to Conspiracy to Commit Aggravated Identity Theft and Access Device Fraud, and will forfeit $50,000 in proceeds from these offenses. Council, according to the prosecution, used a fake ID to trick a phone store employee into helping him and co-conspirators access a device with access to the SEC’s X account. Judge Amy Berman Jackson has set Council's sentencing for May 16. The case stems from the then highly...