The founder of Miami-based crypto project CluCoin has pleaded guilty to stealing over $1 million from investors and spending the money at online casinos. Source: https://www.coindesk.com/policy/2024/08/22/clucoin-founder-pleads-guilty-to-stealing-11m-of-investor-funds-for-online-gambling/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The firm said it invested in cryptocurrency and forex, and reportedly collapsed in 2022. Source: https://www.coindesk.com/policy/2024/08/22/omegapro-co-founder-arrested-in-turkey-on-suspicion-of-4m-ponzi-scheme-reports/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Eleven assets in the CoinDesk 20 gained, with LINK joining RNDR as the strongest performer. Source: https://www.coindesk.com/coindesk-indices/2024/08/22/coindesk-20-performance-update-rndr-surges-69-as-index-inches-higher/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The memecoin generator launched in mid-August and has crossed $1 million in revenues in its first nine days – a large amount considering Tron’s low fees. Source: https://www.coindesk.com/markets/2024/08/22/memecoin-frenzy-reaches-tron-as-justin-sun-backed-sunpump-rakes-in-big-bucks/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 22, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the …

Salame’s counsel argued in a filing that the government resumed investigating his domestic partner, ADAM CEO Michelle Bond, despite despite assurances that the investigation would cease if he cooperated. …

Polygon and Chainlink’s tokens surged as much as 10% on fundamental developments. Source: https://www.coindesk.com/markets/2024/08/22/bitcoin-flipflops-matic-link-surge-as-dim-market-action-continues/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The pending signal, if confirmed, would imply a challenging time ahead, according to analysis by Fairlead Strategies. Source: https://www.coindesk.com/markets/2024/08/22/bitcoins-uptrend-threatened-by-looming-stochastics-signal-fairlead-strategies/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Sen. Cynthia Lummis said the window is closing, but it’s not shut yet. Source: https://www.coindesk.com/policy/2024/08/21/top-republican-retains-hope-us-crypto-legislation-can-get-done-this-year/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Nearly half of all corporate political contributions in the 2024 election cycle came from cryptocurrency companies, according to a Wednesday report from corporate influence watchdog Public Citizen. Source: https://www.coindesk.com/policy/2024/08/21/nearly-half-of-all-corporate-election-spending-in-2024-cycle-comes-from-crypto-companies-study-finds/?utm_medium=referral&utm_source=rss&utm_campaign=headlines