Author: Cointelegraph By Stephen Katte

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Genius Group kicks off Bitcoin treasury play with $10M in BTC 

Genius Group has plans for a podcast to help other firms considering Bitcoin as a treasury reserve asset after they found there was no clear blueprint for the process.  Source link

Polish presidential candidate pledges support for strategic Bitcoin reserve

Sławomir Mentzen, a Polish presidential candidate, has vowed to create a Bitcoin reserve if elected in 2025.  Source link

Crypto.com to offer equities trading to Australians after acquiring Fintek

After acquiring Fintek Securities, Crypto.com can use the firm’s Australian Financial Services Licence to offer equities, derivatives, and forex trading to users in the country.  Source link

Crypto scam launderer pleads guilty to role in $73M scheme

Daren Li is looking at a maximum of 20 years in prison after pleading guilty to his role in laundering crypto in a $73 million scam scheme. Source link

US bids to seize Bankman-Fried’s crypto allegedly used in China bribes

Prosecutors petitioned a New York federal court to seize crypto they alleged is linked to bribes paid to Chinese officials by Sam Bankman-Fried. Source link

Chinese microchip company says it’s now accepting Bitcoin as payment 

Shares in China-based crypto mining chip designer Nano Labs rose slightly after announced it is now accepting Bitcoin as payment for its goods and services through a business account on Coinbase. In a Nov. 11 statement, the Huangzhou-based crypto mining chip maker, which is listed on the Nasdaq, said the move was part of a…
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Bitcoin sudden pump to $81K annihilates $180M shorts in half a day

About $180 million in short positions have been wiped as Bitcoin hit another new all-time high of $81,358.  Source link

DOJ charges crypto exchange operator of laundering Silk Road money

Along with money laundering, Maximiliano Pilipis is also accused of failing to file a tax return for income generated in 2019 and 2020.  Source link

Disappearing Satoshi statue in Lugano took 21 months to create, says artist

Valentina Picozzi, an Italian artist, and orthodontist, became a Bitcoiner in 2012 and has been an activist artist since. Source link

Researchers hack AI-enabled robots to cause ‘real world’ harm

Penn Engineering researchers said they created an algorithm that bypassed normal safety protocols stopping AI-powered robots from performing harmful actions.  Source link