Alex Mashinsky, co-founder of Celsius Network, has pleaded guilty to fraud charges linked to his involvement in the cryptocurrency lender’s collapse. The decision marks a significant development in ongoing legal proceedings tied to the broader fallout of the 2022 crypto winter. Celsius CEO Pleads Guilty to Manipulating CEL’s Market Value  The former Celsius CEO is…

Asset Management firm Grayscale Investments has applied to list a spot Solana ETF product with the New York Stock Exchange (NYSE). This filing places Grayscale among the growing list of firms now pressing to list the product in the United States. Grayscale Solana ETF: Can It Make the Difference? According to the filing, the Digital…

Alex Mashinsky, the founder and former CEO of Celsius Network, has agreed to plead guilty to two fraud charges following an indictment filed in July 2023. His defense attorney announced this during a court hearing in a Manhattan federal court. The charges relate to allegations of fraud, conspiracy, and market manipulation concerning Celsius Network’s operations…

Alex Mashinsky, the former CEO of crypto lender Celsius, has pleaded guilty to two charges related to fraud and market manipulation, agreeing to a sentencing guideline of 30 years in prison.  Mashinsky was indicted in July 2023 on seven counts, including fraud, conspiracy, and manipulation of the market for Celsius’ token, CEL. Under the terms…

Bitcoin mining firm Foundry has implemented a job cut that impacted as many as 60% of its workforce. According to a Blockspace report citing anonymous sources, the firm’s layoff exercise spanned staff in the United States and international offices. With a staff strength of 250, the number of employees left is now just about 80…

Bitcoin (BTC) miner Marathon Digital has announced the acquisition of a wind farm in Hansford County, Texas, to bolster its sustainability efforts.  The wind farm, which boasts 240 megawatts (MW) of interconnection capacity and 114 MW of nameplate wind capacity, will be the foundation for a new, sustainable data center.  Additionally, Marathon plans to develop…

Solana (SOL) shows a bullish trend as Dogwifhat (WIF) and Lunex Network (LNEX) attract investor inflows. #partnercontent

Reserve Rights (RSR) has surged over 130% in the last 24 hours, reaching a two-year high of $0.02518. This impressive rally comes amid rising speculation around the potential appointment of Paul Atkins as the next U.S. Securities and Exchange Commission (SEC) chair under President Donald Trump. Paul Atkins, a former SEC commissioner, is known for…

South Korean cryptocurrency markets experienced significant turbulence following President Yoon Suk Yeol’s unexpected martial law declaration, creating a notable divergence between global and local crypto prices. Bitcoin fell as low as $79,000, and XRP traded at $1.89 on Upbit for over an hour. This saw users crowd the exchanges to file purchase orders and buy…

As the crypto market shifts towards innovative solutions, Render, Toncoin, and Rollblock stand out as top altcoins with groundbreaking use cases. While Render focuses on decentralized rendering services and Toncoin offers a highly scalable blockchain, Rollblock is revolutionizing the play-to-earn GambleFi space. With its unique blend of online gaming, DeFi integration, and blockchain transparency, Rollblock…