An illegal crypto ATM operator has been sentenced to serve four years in prison for operating them — in the UK’s first criminal sentencing for unregistered crypto activity. Olumide Osunkoya illegally operated a network of crypto ATMs, which he did without the needed regulatory permission, the Financial Conduct Authority (FCA) said in a Feb. 28…
Artificial intelligence (AI) will never become a conscious being due to a lack of intention, which is endemic to human beings and other biological creatures, according to Sandeep Nailwal — co-founder of Polygon and the open-source AI company Sentient. “I don’t see that AI will have any significant level of conscience,” Nailwal told Cointelegraph in…
Bitcoin (BTC) neared $93,000 on Mar. 2 as US President Donald Trump doubled down on a strategic crypto reserve. BTC/USD 1-day chart. Source: Cointelegraph/TradingView Trump writes: “I also love Bitcoin and Ethereum!” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining 8% in rare weekend volatility. Trump ignited a crypto firestorm into the weekly…
Real-world asset (RWA) tokenization can completely overhaul the real estate investment sector, which is highly illiquid, filled with intermediaries, and high transaction costs, according to Polygon CEO Mark Boiron. In an interview with Cointelegraph, the CEO said that tokenization of properties could remove unnecessary intermediaries, thereby lowering transaction costs. The CEO added that fractional ownership…
Update (March 2 16:48:31 UTC): This article has been updated to add President Trump’s newest message about BTC and ETH being included in the reserve United States President Donald Trump recently announced that the President’s Working Group on Digital Assets has been directed to include XRP (XRP), Solana (SOL), and Cardano’s ADA (ADA) in the…
Solana’s price continues to struggle under pressure from the growing memecoin market despite showing resilience following its largest-ever token unlock. Solana (SOL) fell over 45% since the Official Trump (TRUMP) memecoin was launched, from over $261 on Jan. 18 to $143 on March 2, TradingView data shows. The growing investor appetite for memecoins may be…
Ethereum’s highly anticipated Pectra upgrade could set the stage for the next phase of the 2025 crypto market cycle, according to analysts, even as Ether continues to underperform Bitcoin. The Ether (ETH) price fell over 32% during February, finding a local bottom at an over two-month low of $2,073 before recovering to the current $2,245…
Bitcoin active addresses are nearing a three-month high, signaling a potential crypto market capitulation that may stage a price reversal from the latest correction. Active addresses on the Bitcoin network surged to over 912,300 on Feb. 28, a level not seen since Dec. 16, 2024, when Bitcoin (BTC) traded for around $105,000, Glassnode data shows….
The US government has done “nothing” to address crypto debanking issues since US President Donald Trump returned to the White House, according to Custodia Bank’s CEO Caitlin Long. Speaking on stage at ETHDenver on Feb. 28, Long said while the “perception is that there has been a loosening, none of the federal banking agencies have…
North Korea’s Lazarus Group laundered another 62,200 Ether, worth $138 million, from the Feb. 21 Bybit hack on March 1 — leaving only 156,500 left to be moved, a pseudonymous crypto analyst noted. Approximately 343,000 Ether (ETH) of the 499,000 Ether stolen from the $1.4 billion Bybit hack has been moved, said X user EmberCN,…
