Edward Zimbardi, the alleged operator of a $165 million crypto Ponzi scheme, returned to the United States on Aug. 14 after authorities in Fiji deported him, federal prosecutors announced Monday. Summary Zimbardi faces 25 federal counts after Fijian authorities deported him to the United States Friday. Prosecutors allege The Crypto Program collected more than $165…
One of the exchange’s founders said the Chinese-language account had been compromised and was not being operated by current employees. BitMart’s Chinese-language account has demanded answers from founders Sheldon Lee and Yi Li over frozen user funds and unpaid employee salaries, giving them until August 19 to respond publicly. The statement also calls for…
Truth Ventures CEO Varun Datta has urged crypto investors not to demand recurring revenue from seed-stage companies, as RootData has listed 99 crypto projects that closed, entered bankruptcy, or became inactive in 2026. Summary RootData listed 99 crypto projects as closed, bankrupt, or inactive by late July. Galaxy recorded $4 billion across 355 crypto venture…
World Liberty Financial has received preliminary OCC approval to establish a national trust bank that would issue USD1, manage its reserves, and provide digital asset custody across the United States. Summary World Liberty Trust must satisfy OCC requirements before it can begin banking operations. The proposed Florida-based bank would take over USD1 issuance and reserve…
The SEC canceled a planned vote on its Regulation Crypto framework, citing an unforeseen scheduling issue. The proposal could create exemptions for crypto startups raising capital outside traditional securities rules. However, the delay changes nothing legally. No safe harbor has been created, and no new offering regime is currently in force for crypto companies. Token…
Analysts see further downside for XRP as $0.65 remains possible. A move above $1.081, however, could shift short-term momentum. XRP has struggled to hold its ground in August and is facing renewed downside risk after slipping below the psychologically important $1 level. Analysts are now warning that the crypto asset could have further room…
XRP price prediction for 2026 from Kalshi has odds of the asset trading above $1.50 this year at 23%, climbing from 18% just yesterday. This renewed optimism comes as Ripple is trading at about $1 per coin, according to CoinGecko. This is about 72.6% below its July 2025 all-time high of $3.65. The token had…
The investor prefers businesses that earn cash through ordinary operations before storing part of it in Bitcoin. Bitcoin investor and Ego Death Capital co-founder Jeff Booth has said that Strategy’s long-term survival comes down to one condition: BTC has to work as an actual currency, not just sit on a balance sheet as an…
Fireblocks has appointed former U.S. Securities and Exchange Commission Acting Chairman Elad Roisman as its chief regulatory and policy officer and general counsel for regulatory affairs. Summary Roisman will oversee Fireblocks’ regulatory strategy, policy engagement, and legal work involving regulation. The former SEC commissioner will act as the company’s main contact with regulators and standards…
When will Bitcoin hit $100K again is what many investors are asking right now. Bitcoin is trading today for around $62,800, about half of its all-time high of approximately $126,200 reached in October 2025. For a cryptocurrency that approached six figures less than a year ago, the path back to $100,000 now appears significantly longer…
