In a recent legal maneuver, the US Department of Justice (DoJ) has made a significant move to seize $7.7 million in cryptocurrency that is allegedly connected to a money laundering operation involving North Korea. This action shines a light on the dark underbelly of illicit activities that are carried out in the realm of digital…
South Korea’s President, Lee Jae-myung, has recently made a significant appointment by naming Kim Yong-beom, the CEO of Hashed Research, as the Chief Policy Officer in the country’s Presidential Office. This decision marks a pivotal moment as Kim brings a wealth of experience in the cryptocurrency and financial sectors to the forefront of policy-making under…
In the volatile world of cryptocurrency, Ethereum (ETH) recently experienced a tumultuous ride as its price dipped below the $2,500 mark, sparking concerns of a potential whale exit. The sudden downturn was fueled by heightened selling pressure and a broader decline in risk sentiment, reflecting the impact of global trade tensions and renewed U.S. tariff…
In the fast-paced world of cryptocurrency, scams are unfortunately a common occurrence. One prevalent tactic scammers use is impersonating reputable companies like Coinbase to trick unsuspecting individuals into divulging their personal information or transferring their digital assets. It’s essential for cryptocurrency holders to be vigilant and educated on how to spot and avoid these fraudulent…
In a groundbreaking month for the cryptocurrency investment world, BlackRock’s iShares Bitcoin Trust (IBIT) has seen an unprecedented surge in inflows, with a staggering $6.2 billion pouring into the fund in May alone. This remarkable achievement marks a new milestone for the BlackRock Bitcoin ETF, solidifying its position as a significant player in the evolving…
In a recent shocking turn of events in Manhattan, two suspects have entered pleas of not guilty in the case involving the kidnapping and torture of a 28-year-old Italian cryptocurrency investor. The investigation has now expanded to involve the New York Police Department, bringing further intrigue to an already disturbing situation. William Duplessie, 33, and…
Arthur Hayes, the co-founder of BitMEX, a well-known cryptocurrency exchange, has recently voiced his optimistic views on the future potential of Ethereum’s price. His insights shed light on the possibilities of Ethereum doubling in value throughout the current year, which has sparked interest and discussions within the crypto community. Ethereum, the second-largest cryptocurrency by market…
The cryptocurrency market witnessed a significant surge recently as TON, the native coin of the Tonchain ecosystem, experienced a remarkable 40% spike in value. This surge came on the heels of an announcement by Telegram, a widely-used messaging app boasting over 1 billion users globally, finalizing a substantial $1.5 billion bond sale. The bond sale…
The introduction of a new bill by Congress aimed at restructuring the cryptocurrency market has sparked significant interest and debate within the financial sector. This bill proposes to alter the regulatory landscape by removing the oversight of the Securities and Exchange Commission (SEC) over the crypto industry, potentially signaling a significant shift in how cryptocurrencies…
