The Cointelegraph Press Review

Cointelegraph.com News

• GameStop finishes $1.5B raise to add Bitcoin to its balance sheet
  GameStop’s board had greenlit an investment in Bitcoin and US-dollar-pegged stablecoins using the convertible debt offering and cash reserves on March 25. Video game retailer GameStop Corporation (GME) has finished a convertible debt offering that raised $1.5 billion, with some proceeds earmarked for buying Bitcoin.The offering was initially set to raise at least $1.3 billion, […]
• SEC and Gemini ask to pause lawsuit to explore ‘potential resolution’
  The Securities and Exchange Commission and Gemini have asked for a 60-day stay of the regulator’s lawsuit to “explore a potential resolution.” The US Securities and Exchange Commission and crypto exchange Gemini have asked to pause the regulator’s suit over the exchange's Gemini Earn program, saying they want to discuss a potential resolution. In an April […]
• Crypto PAC-backed Republicans win US House seats in Florida special elections
  Crypto-friendly Republicans Jimmy Patronis and Randy Fine have won Florida’s special elections for the 1st and 6th Congressional Districts of the US House. Two Republicans who received a combined $1.5 million from the crypto-backed political action committee (PAC) Fairshake will enter the US House after winning special elections in Florida.Republican Jimmy Patronis won the vacant […]
• UK trade bodies ask government to make crypto a ‘strategic priority’
  Blockchain and tech trade associations want UK Prime Minister Keir Starmer’s office to follow the US and appoint a special envoy dedicated to crypto. Several British trade associations have asked Prime Minister Keir Starmer’s office to appoint a special envoy dedicated to crypto and for a dedicated action plan for digital assets and blockchain technology.In […]
• North Korea tech workers found among staff at UK blockchain projects
  Google threat intelligence says North Korea’s fake workers have also increased extortion attempts as they’re under pressure to maintain money streams amid a US crackdown. Fraudulent tech workers with ties to North Korea are expanding their infiltration operations to blockchain firms outside the US after increased scrutiny from authorities, with some having worked their way […]
• Kentucky joins Vermont and South Carolina in dropping Coinbase staking suit
  Kentucky’s Department of Financial Institutions is the third state-level regulator in the past month to drop its action over Coinbase’s staking rewards. Kentucky’s finance watchdog has dismissed its lawsuit against Coinbase over the exchange’s staking rewards program, following its peers in Vermont and South Carolina.Kentucky’s Department of Financial Institutions filed the stipulation to dismiss jointly […]
• Bitcoin traders are overstating the impact of the US-led tariff war on BTC price
  The US-led tariff war gets all the blame for Bitcoin’s year-to-date weakness, but there are other factors weighing on BTC price. Despite Bitcoin’s 2.2% gains on April 1, BTC (BTC) hasn’t traded above $89,000 since March 7. Even though the recent price weakness is often linked to the escalating US-led global trade war, several factors […]