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Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active crypto writing, Semilore has covered multiple aspects of the digital…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The US Securities and Exchange Commission (SEC) chairman and two Commissioners have highlighted the crypto industry as one of the top priorities in the regulatory agency’s pivot toward clearer and pro-innovation oversight. Crypto Tops SEC’s Pro-Innovation Agenda On Thursday, SEC Chairman Paul Atkins and Commissioner Hester Peirce discussed the regulatory agency’s shift towards pro-innovation regulation and their efforts to implement US President Donald Trump’s vow to make America the “crypto capital of the world.” In the first episode of the SEC’s official “Material Matters” podcast, Atkins outlined…
Strategy shifts STRC payouts to biweekly, aiming to reduce lag, steady demand, and improve trading stability. Strategy has proposed a structural change to its STRC preferred stock, focusing on dividend timing rather than yield. The firm plans to move from monthly to semi-monthly payments, aiming to tighten trading behavior and attract more consistent investor activity. Chairman Michael Saylor framed the shift as a way to improve market dynamics without altering returns. Shareholders will vote on the proposal in early June. Biweekly Dividends Could Steady STRC Demand, Says Michael Saylor Strategy intends to split its existing 11.5% annual dividend into two…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Nevada-based Dogecoin Cash Inc. has unveiled a new proposal for “Dogecoin Gold,” a blockchain-based project designed to link digital tokens to physical gold reserves. The announcement arrived on Friday as DOGE regained the $0.10 level, marking about a 15% recovery over the past two weeks. Dogecoin Gold Proposal In its statement, the company describes the idea as a system where each token would be tied to a precisely defined amount of physical gold, measured at the nanogram level. Under the plan, that gold would be held in…
ETH breaks $2,385 resistance on the daily chart, with momentum indicators supporting a technical target near $2,900. Ethereum cleared the key $2,385 resistance area on the daily chart, and the move has shifted market focus to higher levels. The breakout follows several weeks of rising lows, and it places the next technical target near $2,900. Traders are now watching whether ETH can hold above the breakout zone, because that level may now act as support. ETH Breaks Above $2,385 Resistance Ethereum moved above $2,385 after trading below that zone for several sessions. The move marked a break from a tightening…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Robert Dunlap will spend the next two decades in federal prison after a judge handed down a 276-month sentence for his role in a massive crypto fraud. A federal court in Florida issued the ruling following Dunlap’s conviction on charges of conspiracy to commit mail fraud and wire fraud. Beyond the prison time, the court ordered him to pay back more than $10 million to the people he cheated. A Fake Portfolio Of Masterpieces Investors believed they were buying into a digital currency backed by a literal…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Democratic Senator Richard Blumenthal is increasing his scrutiny of Binance as new questions emerge about the exchange’s handling of Iran-related transactions. The Connecticut senator has been pursuing the issue since February, when he first launched a formal inquiry into whether the cryptocurrency exchange violated US and international sanctions involving Iran. On Friday, April 17, Blumenthal took another step by sending two new letters—this time aimed at the US Department of Justice (DOJ) and the Treasury Department’s Financial Crimes Enforcement Network (FinCEN). Congress Intensifies Binance Probe The latest…
Three of America’s largest banks are writing off a combined $5.6 billion in bad loans in the first quarter as US credit card debt climbs to a new record high. According to first-quarter earnings reports, JPMorgan Chase recorded $2.3 billion in net charge-offs, Citigroup posted $2.2 billion of net credit losses, and Wells Fargo reported $1.106 billion of net charge-offs in the first three months of 2026. JPMorgan said firmwide credit costs totaled $2.5 billion, including the $2.3 billion in net charge-offs while Citigroup said its U.S. Personal Banking business recorded a $2.1 billion provision for credit losses, including $1.742…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Crypto founder Joe McCann’s passport is sitting with Zanzibar police. He isn’t going anywhere until they get answers. Authorities Hold McCann Pending Autopsy Tanzanian police are questioning McCann, founder of the crypto hedge fund Asymmetric, after his fiancée, Ashly Robinson, 31, died on April 9 at a hospital in Zanzibar. Robinson had been rushed there after hotel staff found her unresponsive in her room the day before. Based on reports from NBC News and CBS News, police have ruled her death a suicide — but they are…
Russia proposes a strict crypto law with fines and jail terms to control unlicensed services and reduce financial crime risks. Russia has taken a strong step toward regulating crypto services with a new bill. On Friday, the government sent the draft law to the State Duma. Consequently, unlicensed crypto operations could soon be subject to criminal penalties nationwide. New Bill Proposes Jail Terms and Heavy Fines According to TASS, the draft law aims to change Russia’s criminal code. It is aimed at individuals and businesses that provide crypto services without authorization. Thus, any person operating such services without a license…