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South Korean Youth Crypto Investment Driving Many to Debt – Report
9.4.2024
South Korean youth debt is on the rise, with crypto investments leading many desperate young people to bankruptcy courts, new data shows.
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Paradigm Targets Over $750 Million in Upcoming Fundraising Effort
3.4.2024
Crypto venture capital firm Paradigm is reportedly in discussions to gather between $750 million and $850 million for a new fund dedicated to crypto investments.
The post Paradigm Targets Over $750 Million in Upcoming Fundraising Effort appeared first on Cryptonews
France’s AMF Issues Warning Against BITGET for Unauthorized Digital Asset Services
2.4.2024
AMF issued a circular on the supervision and issuance of virtual assets in the country, with BITGET on the list of those that offer crypto investments through unauthorized entities.
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South Korean Police Capture Fraudsters Who Stole $4.1 Million in Crypto Investment Scam
26.3.2024
The Haeundae Police Station in Busan, South Korea, has caught a pair of fraudsters who stole $4.1 million from a senior citizen with the promise of profitable crypto investments.
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PUMP Chinese Meme Coin Raises 280m in Crypto Presale, Where Will Funds Rotate Next?
24.3.2024
BakerySwap's PUMP Chinese Meme Coin presale hits a groundbreaking $280 million, sparking curiosity about the next big move in crypto investments.
The post PUMP Chinese Meme Coin Raises 280m in Crypto Presale, Where Will Funds Rotate Next? appeared first on Cryptonews
IMF pressurizes Pakistan to levy taxes on crypto investments
19.3.2024
With the aim of normalizing Pakistan’s troubled economy and receiving financial support of $3 billion from the International Monetary Fund, they are pressurizing the country to levy appropriate taxation on crypto investments and real estate deals. During interactions between the IMF and...
South Korean Law Firm Chief Jailed for Stealing Customer Money to Invest in Crypto
12.3.2024
A South Korean law firm operator was jailed in Busan on March 11 after they were found guilty of stealing clients’ money to spend on crypto investments.
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Report: Global Crypto Investments Surge to Record $2.7 Billion in Weekly Inflows
11.3.2024
In an unprecedented surge, global crypto investment products experienced a historic influx of $2.7 billion last week, signaling strong confidence among investors and propelling assets under management (AUM) back to December 2021 levels. Record $2.7 Billion Flows Into Crypto Investments in...
China State Media Issues Alert on Crypto Risks Amid Bitcoin Rally
4.3.2024
China’s state-run media has once more cautioned investors against crypto investments as Bitcoin reached a two-year peak on Monday, near the $64,000 mark.
The post China State Media Issues Alert on Crypto Risks Amid Bitcoin Rally appeared first on Cryptonews
Asian Family Offices Seek to Supercharge Crypto Investments
19.2.2024
Asian family offices are gearing up for higher investments in cryptocurrencies, as Bitcoin extends an uptrend streak. DealStreetAsia reported on Monday that wealth managers found offices that are already invested in crypto intend to dive even deeper. Revo Digital Family Office’s Zane Kwan...
3 Crypto Investments with Strong Fundamentals to Watch in 2024
26.1.2024
As crypto markets brace for an anticipated bull-run this year, investors are increasingly looking for the best crypto to buy in 2024. In this article, deep-dive three investment opportunities backed by strong crypto fundamentals for the year ahead. Indeed, 2024 is an anticipated bull run year, with...
Ethereum and BNB See Steady Growth as Borroe Finance Shines in DeFi with Impressive Presale Stage 4
19.1.2024
Ethereum (ETH) and Binance Coin (BNB) are among the world’s top five cryptos, and they’ve recorded ecosystem wins in early 2024. However, investors are looking for the best crypto investments that will deliver massive ROI in the coming months. Luckily, these investors found Borroe Finance ($ROE)and...
SEC Chair Gary Gensler Issues Crypto Investing Advice — Lawyers See as Prelude to Spot Bitcoin ETF Approval
10.1.2024
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has advised investors to be cautious when considering crypto investments. His advice followed a series of warnings he issued the day before regarding the risks of crypto investing. The SEC is expected to green-light multiple spot...
Attorney Says They Are “Receiving 5-6 Emails a Day” From Victims of Pig Butchering Scams
1.1.2024
Source: AdobeStock / James Thew Pig butchering scams, a rapidly growing criminal activity involving online romance, fake crypto investments, and human trafficking, have been plaguing US citizens, resulting in significant financial losses. In a recnet interview, Erin West, Deputy District Attorney...
Coinbase CEO Highlights Crypto’s Impact on Economic Freedom — Calls Crypto ‘the Future of Money’
22.12.2023
Coinbase CEO Brian Armstrong has highlighted that crypto isn’t just here to say but it’s the future of money. Emphasizing that cryptocurrency “gives people economic freedom, ensuring access to their own money and fair participation in the economy ungated by powerful legacy...
SEC’s Preference Prevails: Blackrock Adopts Cash Model for Spot Bitcoin ETF
19.12.2023
Blackrock, the world’s largest asset manager, has acquiesced to the U.S. Securities and Exchange Commission (SEC)’s preference for the cash creation model rather than the in-kind model for its spot bitcoin exchange-traded fund (ETF). “Blackrock has gone cash only. That’s basically...
Survey: 4 in 5 Institutional Investors Agree Crypto Has Important Role in Global Financial Industry
19.12.2023
An institutional investor survey conducted by digital asset bank Sygnum indicates a shift from skepticism to advocacy, “with over 80% now agreeing that crypto has an important role to play in the global financial industry,” said the bank’s digital asset research manager. “It’s now truly...
Skybridge Capital’s Crypto Investments Rise by 130%, Says Founder Anthony Scaramucci
12.12.2023
Image Source: CNBC Investment firm Skybridge Capital has reported an increase of 130% in its cryptocurrency investments courtesy of the recent surge in prices. Anthony Scaramucci, the company’s founder, shared the impressive returns in a recent interview with Bloomberg, while acknowledging...
KuCoin Labs Invests in BTC Layer 2 Dovi to Advance Bitcoin Ecosystem Development
11.12.2023
Source: KuCoin KuCoin Labs, the corporate VC arm of the KuCoin ecosystem, has announced a strategic investment to further Bitcoin ecosystem development. The KuCoin investment platform is tapping the Bitcoin Layer 2 smart contract platform Dovi, to help it achieve its “pivotal milestones.” “KuCoin...
SEC Warns Crypto Investments Can Be ‘Exceptionally Risky’
11.12.2023
The U.S. Securities and Exchange Commission (SEC) has renewed its warning that investments in crypto assets can be “exceptionally risky.” The regulator stressed that crypto-related investments “continue to be replete with fraud, including bogus coin offerings, Ponzi and pyramid...