Mike Millard

Greece

Senior Copy Editor at Cointelegraph

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Articles

Leader of violent crypto-robbery crew sentenced to 47 years in prison

Sep 14, 2024 | dlnews.com | Mike Millard

Robbery gang conducted series of violent break-ins, crypto heists. Crew stole a total of $3.5 million in crypto, laundered funds. Prison sentences of five to 20 years handed out to other members. A Florida man was sentenced to 47 years in prison for his leading role in a scheme involving a series of home invasion robberies targeting crypto. A total of 12 men have been sentenced for their roles in the crimes, according to a news release from the US Department of Justice.
Circle moving headquarters to heart of Wall Street ahead of planned IPO

Sep 14, 2024 | dlnews.com | Mike Millard

Circle plans to open New York headquarters early next year. Location is on one of the top floors of 1 World Trade Center. Circle expects IPO to take place after SEC completes review. Circle, issuer of second-biggest stablecoin USDC, is moving its headquarters to New York City, CEO Jeremy Allaire wrote in a post on X.
MicroStrategy buys 18,300 Bitcoin for $1.1bn, biggest purchase in three years

Sep 13, 2024 | dlnews.com | Mike Millard

MicroStrategy made its biggest Bitcoin buy since February 2021. Company holds 244,800 Bitcoin valued at about $14 billion. MicroStrategy bought 18,300 Bitcoin for about $1.1 billion, according to a Friday post on X by CEO Michael Saylor and a US Securities and Exchange Commission filing. It was the biggest number of Bitcoin the company has acquired since February 2021. The company now holds 244,800 Bitcoin valued at about $14 billion, depending on movements of the market.
Crypto-loving younger generations will help form the future of financial platforms

Sep 13, 2024 | dlnews.com | Mike Millard

GenZ prefers on-chain rather than online finances, report says. Younger generations find current banking system expensive, slow, and outdated. They like the idea of assets that government and big banks don’t control. How will Gen Z (born 1997-2012 and now 12-27 years old) impact the future of the financial sector? Their financial behaviour may shed some light on that, according to a report by Bernstein analysts.
Mastercard, Mercuryo collaborate on non-custodial wallet debit card

Sep 7, 2024 | dlnews.com | Mike Millard

Debit card enables users to spend crypto directly from their wallets. Non-custodial wallets allow crypto storage, spending without intermediaries. Card can be used across Mastercard’s 100 million-plus global network of merchantsMastercard is collaborating with crypto payments provider Mercuryo on a euro-denominated debit card called Spend that enables users to pay with crypto directly from their wallets, according to a Mercuryo news release.
US crypto lobbying expenditure skyrockets by 1,386% since 2017, study says

Sep 7, 2024 | dlnews.com | Mike Millard

Most spending on lobbying came in last two years, study says. Coinbase registered a 3,475% increase in its expenditure. BlackRock was the most prominent firm to lobby for spot Bitcoin ETFs.Crypto industry lobbying expenditures in the US have soared since 2017, as the last seven years have seen 1,386% growth, with almost 60% of the spending, or $79 million out of $132 million, coming in the last two years, according to a study by Social Capital Markets.
Travala.com partners with Skyscanner, enables crypto payments at 2.2 million hotels

Sep 7, 2024 | dlnews.com | Mike Millard

Travala.com lists 2.2 million hotels, accepts crypto payments. More than 100 cryptocurrencies can be used. Partnering with Skyscanner is expected to increase traffic. Crypto-friendly travel platform Travala.com has integrated with global travel marketplace Skyscanner, it said in a blog post.
ZKB, fourth-biggest Swiss bank, offers crypto trading and storage

Sep 6, 2024 | dlnews.com | Mike Millard

Zurich Cantonal Bank moves into crypto services. ZKB offers trading and storage of crypto. Third-party banks can utilise ZKB's crypto services. Zurich Cantonal Bank, Switzerland’s fourth-biggest bank, is offering clients the opportunity to trade and store Bitcoin and Ethereum. The offer is seamlessly integrated into its existing channels, including ZKB eBanking and ZKB Mobile Banking, so clients can now trade crypto around the clock, the bank said in a news release.
Hoskinson plans Brazil decentralised social network following ban on X

Sep 1, 2024 | dlnews.com | Mike Millard

Cardano founder posts his intention on X after ban in BrazilProject would be decentralised platform for free speech. Elon Musk posts alternatives to access X in Brazil. Charles Hoskinson, founder of the Cardano blockchain, said in a post on X that he plans to launch a decentralised social media platform in Brazil after the country’s Supreme Court banned Elon Musk’s social media platform.
Chainalysis reports on Southeast Asia’s $49bn crypto crime marketplace

Aug 31, 2024 | dlnews.com | Mike Millard

Chainalysis posts its mid-year crypto crime report. Chinese-language marketplaces and laundering networks increasing. Huione Guarantee has processed $49 billion since 2021. Chainalysis has seen increased usage of Chinese language marketplaces and laundering networks, including Huione Guarantee, it said in its mid-year crypto crime report. DL News reported in July that the Cambodian online marketplace had become widely used by scam operators in Southeast Asia.