Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

Today in crypto, the US has appealed the sentence of HashFlare’s co-founders, Donald Trump Jr. has joined the board of prediction platform Polymarket, and blue-chip NFT collections saw double-digit price gains.

On Tuesday, US prosecutors appealed the sentences given to the co-founders of HashFlare, telling a Seattle federal court that the government was appealing the sentences handed down earlier this month to Sergei Potapenko and Ivan Turõgin to the Ninth Circuit.

Earlier this month, a federal court gave the pair time served after spending 16 months in custody in their native Estonia after their arrest in October 2022, before they were extradited to the US in May 2024, where they pleaded guilty to conspiracy to commit wire fraud.

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