Las Vegas businessman faces 280 years in prison after $24 million crypto fraud conviction
A federal jury convicted Las Vegas businessman Brent Kovar in a $24 million cryptocurrency scheme involving at least 400 investors.
Older stories
A federal jury convicted Las Vegas businessman Brent Kovar in a $24 million cryptocurrency scheme involving at least 400 investors.
An attacker bought a controlling stake in a DAO governance token for less than $1,000, passed malicious proposals, and drained $8.5 million from strategy vaults. The exploit exposes a vulnerability that most DeFi protocols have not patched. The math is…
Spot bitcoin funds took in $337.56 million on Aug. 24, extending an unbroken run of inflows that has now put real money behind a rally that started with a short squeeze.
Bitcoin ETFs have drawn $2.26 billion over six trading days, while year-to-date net outflows have narrowed to about $2.57 billion.
The billionaire investor argues the intervention removes a vital check on government borrowing and fiscal accountability while markets remain the better judge of prices.
BlackRock's IBIT led a $209 million Bitcoin ETF inflow on Aug. 24, as ETHA added $90.92 million to Ethereum funds.
The revised model is now live. Here's what users have to know.
Binance launched five USDT-settled TradFi perpetuals tied to DJT, Moderna and leveraged semiconductor ETFs with up to 20x leverage.
Franklin Templeton has expanded access to its tokenized U.S. government money market fund in Asia through a new distribution partnership with Hong Kong-licensed HashKey Exchange. HashKey Holdings said on Aug. 24 that its licensed trading platform has added the Franklin…
Chinese state-affiliated hackers now run twice as many attacks as they did before handing mundane work to DeepSeek and open-source artificial intelligence (AI) systems, according to Taiwanese threat intelligence firm TeamT5. Attribution remains imprecise. The firm cannot tie every intrusion…
A 402 page proposal, two fundraising exemptions, and a safe harbor that could remove the investment contract label from qualifying tokens. What the framework means and where it falls short. For a decade, the crypto industry asked the SEC for…
The Ethereum-compatible blockchain wants users to be able to replace the keys controlling an account without changing its address, opening the door to passkeys, recovery tools and post-quantum security.