Brent Kovar promised 30% returns and a 100% money-back guarantee. He is now facing up to 280 years in prison. A federal jury has convicted Las Vegas businessman Brent C. Kovar of defrauding at least 400 investors of $24 million through a crypto investment scheme. Kovar owned Profit Connect, a Las Vegas-based company that…
World Liberty Financial has launched its $4.05 billion USD1 stablecoin natively on the Canton Network, giving institutions a dollar-based settlement asset for tokenized securities and other real-world assets. Summary USD1 can settle tokenized assets through Canton’s privacy and permissioning controls. Institutions can use the stablecoin for collateral, lending, issuance, redemptions, and cross-border payments. DeFiLlama ranks…
A 90% pump, a parabolic rally to a new historical record, or a short-term correction: which scenario is lining up for DOGE? The OG meme coin followed the green wave sweeping through the cryptocurrency sector, with its price climbing to a nearly three-month high. Some analysts think the token is set for a relatively…
SpaceX stock has gained about 2% after JPMorgan retained its Overweight rating and $240 price target, implying roughly 75% upside from recent trading levels. Summary JPMorgan has retained its Overweight rating and $240 price target for SpaceX. The bank said Cursor data has produced tangible improvements in recent Grok models. About 370 million SpaceX shares…
The partnership could give Gemini access to millions of investors as event contract trading rapidly expands across the US. The exchange has signed a non-binding letter of intent with Apex Fintech Solutions that would make its subsidiary, Gemini Titan, the exclusive regulated venue for crypto event contracts. According to the press release, these contracts…
SQD has added validated data from 10 blockchain networks to Google Cloud’s BigQuery platform, giving developers and companies access to full chain histories checked through six cryptographic tests. Summary SQD is supplying indexed blockchain data through Google Cloud Web3 Blockchain Analytics. 10 blockchain datasets cover records from each supported network’s genesis block. Six cryptographic checks…
According to KiiChain, delayed warnings allowed exposure to continue as attackers drained funds before affected Cosmos EVM networks were halted. Cosmos Labs has urged affected networks in contact with its team to halt operations amid an ongoing security incident involving the EVM module. Statements issued by KiiChain, TAC, and MANTRA have all pointed to…
Ethereum price traded near $2,478 on Aug. 25 after gaining roughly 30% over seven days, but an overbought daily reading and concentrated liquidity around $2,500–$2,550 could decide whether the rally extends toward $3,000 or enters a deeper pullback. Summary Ethereum price rose from about $1,916 on Aug. 19 to a seven-month high above $2,500. US…
The rally came despite August’s historically weak track record for Bitcoin. Bitcoin (BTC) broke higher last week, ending a multi-month range and closing near $77,700. The move followed a $62,750 weekly low, marking a nearly 24% rise as the leading cryptocurrency topped $71,000 on August 20. The rally came despite August’s historically weak performance…
Bitcoin price slipped back below $80,000 after reaching a multi-month high above $81,200, as overbought conditions and resistance near its previous range high prompted traders to take profits. Summary Bitcoin price retreated toward $79,250 after its advance stalled above $81,200. The daily RSI reached 82.44, placing BTC deep inside overbought territory. Strong 4-hour trend readings…
