Friday, May 16, 2025

Friday, May 16, 2025

Alabama man sentenced to 14 months for hacking SEC account in fake bitcoin ETF post
The man behind the hacking of the SEC's social media account that posted a fake announcement about spot bitcoin ETFs was sentenced on Friday. ...

The Daily: Wall Street shrugs off Coinbase news as stock snaps back, bitcoin corporate accumulation race expands to Brazil, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons....

CFTC’s Christy Goldsmith Romero to step down May 31 as commissioner exodus continues
Christy Goldsmith Romero, one of the top officials at the CFTC said her last day at the agency will be May 31. ...

Cobie joins crypto investment firm Paradigm as advisor
Cobie founded Echo, a platform that allows retail investors and members of the crypto community access to early-stage funding rounds in projects....

Singapore's Basel Medical Group ($BMGL) Plans $1B Bitcoin Buy via Share-Swap for Asia Growth
Basel Medical Group, a publicly traded healthcare company listed on Nasdaq under the ticker $BMGL, has announced plans to acquire $1 billion worth of Bitcoin...

Alabama Man Sentenced to 14 Months, Ordered to Forfeit $50,000 for SEC Account Hack Using SIM Swap to Post Fake Bitcoin ETF Approval
Eric Council Jr...

Nine Out of 10 Banking and Fintech Executives Are Using Stablecoins or Plan To: Fireblocks
A survey by Fireblocks reveals a dramatic increase in the number of firms using or planning to use stablecoins for cross-border payments and faster settlement....

Coinbase Data Breach Reignites Debate Over Crypto Security Models
The breach further pressures the leading U.S crypto exchange as the SEC alleges it misstated verified user figures....

Fidelity Digital Assets, $5 Trillion Manager, Says Bitcoin Could Hit New All-Time High in Acceleration Phase
Fidelity Digital Assets, the cryptocurrency division of the $5 trillion asset manager Fidelity Investments, has indicated that Bitcoin's price could reach a new all-time high before the current market...

Hong Kong’s Avenir Group Boosts BlackRock Bitcoin ETF Holdings to 14.7 Million Shares Worth $691 Million, Asia’s Largest Holder
Avenir Group, a Hong Kong-based investment firm, has increased its holdings in BlackRock's iShares Bitcoin Trust (IBIT) to 14...

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