Ethereum OG Cashes Out $7.23M ETH After 128x Gain
An early Ethereum buyer who paid $18.83 per coin nine years ago has sold 3,000 ETH for roughly $7.23 million, marking a 128‑fold return and highlighting a rare long‑term holder’s exit.
2 min read
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Crypto.com, Gemini Linked to $210M in Trump-Aligned Donations
A Public Citizen report details $210.5 million in donations and pledges to Trump-aligned committees from entities linked to relaxed federal enforcement. Crypto.com and Gemini are among the crypto firms cited in the analysis.
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Gemini, CFTC Fail to Vacate $5M Settlement, Judge Rules
A federal judge denied a joint motion from Gemini and the CFTC to overturn a $5 million settlement stemming from a 2017 Bitcoin futures product review. The decision underscores the finality of court orders, even with shifting regulatory priorities.
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Judge Upholds Gemini’s $5M CFTC Settlement After Agency’s Reversal
A federal judge denied a joint request from the CFTC and Gemini to erase a $5 million settlement, despite the agency acknowledging its initial lawsuit was unfounded. The ruling preserves the penalty and a permanent injunction.
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Judge Blocks CFTC Attempt to Drop $5M Gemini Settlement
A federal judge denied the Commodity Futures Trading Commission's request to drop a $5 million settlement with Gemini. The CFTC sought to reopen the deal citing changed enforcement priorities and allegations of misconduct within its own enforcement division.
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Gemini Loses Appeal to Void $5M CFTC Settlement
A U.S. judge rejected Gemini’s attempt to overturn a $5 million settlement with the Commodity Futures Trading Commission (CFTC), even after the CFTC itself signaled the original case was flawed. Gemini had already fulfilled the payment.
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ESMA Proposes Ban on Custody, Transfers for Non-Compliant Stablecoins Under MiCA
The European Securities and Markets Authority has asked the European Commission to prohibit custody and transfer services for stablecoins that fail MiCA requirements, reversing its earlier stance that allowed such services to continue after trading pairs were delisted.
3 min read
NFT Market Cools: Storage Costs Emerge as New Owner Burden
The NFT boom of 2021 has faded, leaving collectors facing a new challenge: ongoing storage costs. The closure of NFT marketplace Nifty Gateway highlights the issue of long-term digital asset preservation.
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Google Opens 1080p AI Video Generation to All Users
Google has made its AI video generation tool, Vids, available to all Google account holders. The update allows free creation of 1080p videos using the Gemini 1.1 Flash model, alongside new editing features.
2 min read