Cryptelio
Cryptelio

Security 5 minutes ago Cryptelio Editorial

Brooklyn Man Sentenced to 12 Years for $16 Million Coinbase Scam

Ronald Spektor, a 23-year-old from Brooklyn, has been sentenced to 12 years in prison for a phishing scam that defrauded Coinbase users of nearly $16 million.

Read story

Latest

Macro · 3 weeks ago US 10-Year Treasury Yield Reaches 19-Month High, Affecting Fed Rate Expectations The yield on the U.S. 10-year Treasury note has hit a 19-month high, surpassing 4.80%, impacting Federal Reserve rate decisions and consumer borrowing costs. Compliance · 3 weeks ago CFTC Clarifies Regulatory Stance on Event Contracts Amid Rising Prediction Market Activity The CFTC has issued guidance on event contract derivatives, highlighting increased regulatory scrutiny on prediction markets as their popularity grows in the financial sector. Derivatives · 3 weeks ago Everton Completes Transfer of Joshua Zirkzee from Manchester United Everton has finalized the signing of striker Joshua Zirkzee from Manchester United, marking the end of his disappointing tenure at Old Trafford. Companies · 3 weeks ago OpenAI's New Cybersecurity Model Astra Raises Concerns Over Autonomous Hacking Abilities OpenAI's upcoming AI model, Astra, has been flagged for its critical cybersecurity capabilities, prompting the company to pause its release and enhance security measures. DeFi · 3 weeks ago Tokenized Real-World Assets Reach Monthly High Amid Growing Institutional Interest Tokenized real-world assets and equities collateral have achieved a monthly high, indicating a sustained interest in their integration into the crypto ecosystem as institutional demand rises. Stablecoins · 3 weeks ago Banking Giants Form Consortium for USD Stablecoin Launch by 2027 A consortium of 21 major banks, including Bank of America and Goldman Sachs, plans to launch a USD-denominated stablecoin aimed at business payments by the first half of 2027. Funding · 3 weeks ago Chelsea Finalizes £125 Million Sale of Enzo Fernandez to Manchester City Chelsea has officially sold Enzo Fernandez to Manchester City for £125 million, marking a record transfer for the club and a significant profit on the midfielder. Funding · 3 weeks ago Wafer Secures $40M Funding, Rejects Acquisition Offers Amid Rapid Growth Wafer, an AI infrastructure startup, has raised $40 million at a valuation exceeding $200 million, opting to remain independent despite acquisition offers from cloud providers. Stablecoins · 3 weeks ago Circle Mints $11 Billion USDC on Solana, Setting New Monthly Record In August, Circle minted approximately $11 billion in USDC on the Solana blockchain, marking a historic high for monthly issuance and reflecting growing demand for dollar-backed stablecoins. Macro · 3 weeks ago Escalating Tensions in the Hormuz Strait Amid Reports of Explosions and Military Operations Recent reports of explosions near the Hormuz Strait and military operations by Iran against US targets indicate rising tensions in the region, potentially affecting oil shipping routes and geopolitical stability. Markets · 3 weeks ago Anthropic Launches Claude Fable 5.1 and Mythos 5.1 Amid IPO Speculation Anthropic has officially launched its new AI models, Claude Fable 5.1 and Claude Mythos 5.1, enhancing capabilities for coding and knowledge work while preparing for a potential IPO. Markets · 3 weeks ago Ripple Releases 1 Billion XRP Tokens from Escrow Amid Market Trends Ripple has unlocked 1 billion XRP tokens as part of its monthly escrow release, while also locking back 200 million XRP, reflecting its ongoing token management strategy.