Viral personality Haliey Welch has released her official token on the Solana blockchain, the latest in a long line of celebrity tokens floated on the network. Welch went viral earlier this year after using a “hawk tuah” onomatopoeia to describe a sexual act. “Hawk Tuah” quickly became a phase used for memes across social platforms […]
Putin Says No One Will Be Able to Ban Cryptocurrencies: State Media
Russia’s President Vladimir Putin said nobody has the power to ban bitcoin or other cryptocurrencies and that they will continue to develop, news agency RIA reported. “Who can ban bitcoin? Nobody,” Putin said at an investment conference in Moscow on Wednesday. “And who can prohibit the use of other electronic means of payment? Nobody. Because […]
DCG Confirms Reports Foundry Layoffs, Says its 16% of U.S. Employees
Digital Currency Group (DCG) owned mining pool Foundry has laid off 16% of its U.S.-based employees and a “small team in India.” “We are continuously refining our strategy to ensure long-term success and growth in a dynamic market. We recently made the strategic decision to focus Foundry on our core business – operating the #1 […]
Grayscale Files To Convert Solana Trust Into ETF
Grayscale has become the latest entrant into the Solana ETF sweepstakes as it looks to convert its existing Solana Trust (GSOL) into an exchange-traded fund. A 19b-4 filing submitted by NYSE Arca, the exchange that would list the fund, was made on Tuesday evening. The U.S. Securities and Exchange Commission (SEC) requires exchanges to submit […]
Alex Mashinsky, Founder and Former CEO of Celsius, Pleads Guilty to Fraud
Alex Mashinsky, the founder and one-time CEO of bankrupt crypto lending platform Celsius Network, pleaded guilty to two counts of fraud on Tuesday afternoon, according to reports from Reuters and Inner City Press. He has reportedly agreed to a maximum sentencing guideline of 360 months, or 30 years, in prison. Last July, Mashinsky was arrested […]
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