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Business · AustinElon Musk has sold nearly $7 billion (about R282 billion) worth of Tesla shares. The move comes amid a high-stakes legal battle with Twitter over a $44 billion buyout deal. The move is also the first sale of Tesla shares by Musk since April, when he sold around $8.5 billion worth of Tesla shares.See the Story
Elon Musk Sells $7B in Tesla Stock Amid Twitter Takeover Dispute
55% Center coverage: 151 sources
Business · New YorkBlackRock has launched a new private spot Bitcoin trust. The fund is only available to U.S. institutional investors. It seeks to track the performance of Bitcoin, less the expenses and liabilities of the trust. BlackRock is the world's largest asset management overseeing $10 trillion+.See the Story
BlackRock Launches Bitcoin Private Placement Trust for US Institutional Investors
62% Center coverage: 13 sources
Europe · AmsterdamA 29-year-old man has been arrested in Amsterdam, the Fiscal Information and Investigation Service said. The man is suspected to be involved in facilitating money laundering through the popular crypto mixing service. The move comes days after the U.S. government sanctioned Tornado Cash for its role in enabling billions of dollars worth of cryptocurrency to be laundered through the platform.See the Story
Dutch detain suspected developer of crypto mixer Tornado Cash
50% Center coverage: 16 sources
Latest News Stories
TechThe Goerli testnet merge has been finalized without any major issues today. There is growing confidence that there will be no further delays to the Ethereum Merger set for mid-September. The price of Ether (ETH) has been on a meteoric pump in the lead up to the merge.See the Story
Ethereum’s Third and Final Testnet Merge Goes Live on Goerli
100% Center coverage: 4 sources
Business · New York cryptocurrency exchange Hotbit says it "suspended trading, deposit, withdrawal and funding functions" Hotbit claims a former employee was involved in a project in 2021 that law enforcement authorities now think is suspected of violating criminal laws. The firm further claims that the remainder of its employees are not involved in the project and possess no knowledge of the alleged illicit activities.See the Story
Crypto exchange Hotbit says it froze customer funds due to alleged criminal ties of formal employee
75% Center coverage: 4 sources
Business · IndiaAt least ten crypto exchanges are being investigated by the Enforcement Directorate (ED) of India. The exchanges are accused of laundering around Rs. 1000 crore ($125 million) The money in question has been identified as criminal proceeds of firms in the instant loan app case. The probe comes hot on the heels of WazirX's predicament.See the Story
India's ED Probes at Least 10 Crypto Exchanges on Money Laundering Allegations: Report
80% Right coverage: 5 sources
BusinessRobinhood Markets Inc (HOOD.O) must face market manipulation claims over restrictions it placed on trading during last year's "meme stock" rally. A U.S. judge has ruled that Robinhood must face the claims. Robinhood is a stock trading platform.See the Story
Robinhood must face U.S. market manipulation claims over 'meme stock' rally, judge rules
60% Right coverage: 5 sources
TornadoThe Aave account of Justin Sun, the Chief Executive Officer of TRON, has been blocked because of a Tornado Cash-linked transaction. This development represents one of the latest outcomes of a sanction issued by the United States Treasury Department's Office of Foreign Assets Control. The sanction cited the protocol's use by the prominent North Korean hacker group, Lazarus.See the Story
Justin Sun's Wallet Because of Tornado Cash Transaction
Indian Authorities Freeze Nearly $46M in Assets of Crypto Lender Vauld
100% Center coverage: 1 sources
BitcoinOn Thursday, Bitcoin was trading at the brink of $25k, a level last seen on 13 June. Peter Schiff, an economist and Bitcoin critic, said that the ongoing rally is an opportunity for investors to sell and exit the market. He added that the asset will unlikely experience any other high or rally like how it did last year.See the Story
Is Bitcoin poised to visit $10,000?
ResearchA June 2022 survey carried out by LendingClub Corp. and Pymnts.com suggests an increase in Americans spending habits during the first six months of the year. The United States experienced 40-year high inflation after seeing a 9.1% rise in Consumer Prices in July.See the Story
