70% of Korean Crypto Exchanges Fail to Repay Customers After Closure, Regulator Says
A joint research effort by Korean regulators — the Financial Supervisory Service (FSS) and Korea Financial Intelligence Unit (FIU) —...
Month: June 2024
New York Cracks Down on Crypto Pyramid Schemes Targeting Immigrants
New York Attorney General Letitia James has sued Novatechfx, AWS Mining, and their founders for orchestrating crypto pyramid schemes that...
South African Police Nab Alleged Mastermind of Metaverse Ponzi Scheme
Neil Leon De Waal, a key figure in the GS Partners metaverse fraud case, was reportedly arrested by South African...
Vitalik Buterin Criticizes Celebrity Crypto Projects — Offers Blueprint for Respectable Ventures
Ethereum co-founder Vitalik Buterin has expressed his dissatisfaction with the current wave of celebrity crypto projects, emphasizing their lack of...
Claims Against Collapsed South African Bitcoin Investment Firm Rise to $84.5 Million
Claims against Mirror Trading International (MTI) have reached over $84.5 million (ZAR1.6 billion), with more than 8,000 proven creditors as...
Ethereum governance, and the downfall of celeb tokens: Finance Redefined
The rise and fall of celebrity meme tokens: how these celebrity-backed tokens have dumped in the current bull market.
Bitcoin network transaction fees temporarily soar to nearly $52
The network is currently experiencing temporary congestion due to over 300,000 unconfirmed transactions waiting to be processed on Friday morning.
Zilliqa 2.0 upgrade enhances speed and cross-chain compatibility
Block times can also be adjusted as desired. The root mainnet shard features an average block time of just two...
Sky Mavis recovers $5.7M from Ronin Bridge hack
Axie Infinity creator Sky Mavis said that some of the funds will cover the recovery costs, while the rest will...
European Central Bank Cuts Rates by 0.25%, Confirms Data-Driven Approach for Path Ahead
The European Central Bank announced cuts of 0.25% (or 25 basis points) on three of its main interest rates: the...
Crypto Exchange Bybit Announces Trading Support for Overseas Chinese
Cryptocurrency exchange Bybit has opened its platform to overseas Chinese residents for trading. The Dubai-based company’s decision is part of...
Penguiana’s $PENGU Token Soars Following CoinMarketCap Listing, Preparing for Exciting GUIANA NFT Mint
PRESS RELEASE. Penguiana, the penguin-themed meme coin on the Solana blockchain, with an upcoming play to earn game has witnessed...
Russian State Duma Official: International CBDC Settlements to Become ‘Common Practice’ in 5 Years
Anatoly Aksakov, Chairman of the Russian State Duma Financial Markets Committee, has predicted that international trade will migrate to CBDC...
Price analysis 6/7: BTC, ETH, BNB, SOL, XRP, DOGE, TON, SHIB, ADA, AVAX
Solid buying in spot Bitcoin ETFs suggests that traders anticipate a breakout to the upside over the coming days.
US elections are a ‘huge variable’ for Solana ETF approval
The approval of spot Ether ETFs has opened Pandora’s box for another altcoin ETF. Solana, XRP, Chainlink or Dogecoin could...
