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‘$3.2bn’ Kimchi Premium Traders to Stand Trial in South Korea
19.1.2023
South Korean prosecutors are continuing to wage war against illegal kimchi premium traders – and will seek to convict 20 people for allegedly conducting $3.2 billion worth of illegal crypto transactions.
The kimchi premium is a phenomenon whereby increased trading volumes on South Korean crypto...
Yuga Labs’ Sewer Pass NFT Collection with Bored Ape is now live
19.1.2023
Bored Ape recently announced the launch of its much-anticipated NFT collection with Yuga Labs. Titled Dookey Dash, the collection faced some last-minute delays, as confirmed by Bored Ape on Twitter. The pass is part of BAYC’s next narrative expansion, “The Trial of Jimmy the Monkey.” Bored...
Shiba Inu Price is Off 11% at $0.00001118 As Crypto Pulls Back After DOJ Action - Should Buy SHIB on the Dip
19.1.2023
Shiba Inu price appears to have taken a breather after a consistent push by bulls for slightly over two weeks. This pressure is not unique to SHIB, as Bitcoin price is down 2.2% in 24 hours to trade at $20,796, while Ethereum price is exchanging hands at $1,527 after sliding 3.3%. The most popular...
Expect better blockchain games in 2023, says Animoca Brands CEO
19.1.2023
Animoca Brands CEO Robby Yung believes we will see many great blockchain games released during the first nine months of 2023 as developers begin to deliver after raising funds in 2022
Best Crypto to Buy Today 19th January – KAVA, MEMAG, APT, FGHT, FXS, CCHG, AGIX, RIA, TARO, D2T
19.1.2023
The cryptocurrency market has witnessed a 2.5% drop in the past 24 hours, with gains over the last week giving way to a slight correction. Still, with its total cap at roughly $997 billion, it remains up by 8% in a week and by 20% in a month.
And despite today's losses, some coins have bucked...
The Department of Justice charges the founder of Bitzlato with the unlicensed money transmitting
19.1.2023
The US Department of Justice has arrested and charged Anatoly Legkodymov for transmitting money without any license. If convicted, Anatoly Legkodymov faces a prison time of up to 5 years. Bitzlato is now in the news after its founder was mentioned in the press release of the Justice Department....
Ukraine to Be Best Crypto Jurisdiction With New Tax Rules, Digital Minister Says in Davos
19.1.2023
Ukraine will become the world’s best jurisdiction for crypto assets, the minister overseeing the country’s digital transformation promised. Speaking with media at the World Economic Forum in Davos, Mykhailo Fedorov praised the support from the crypto community for his war-struck nation. Crypto...
Calvaria Play to Earn Battle Card Game Might Be the Next Gods Unchained - Invest in Presale Before It Closes
19.1.2023
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com...
Read More: Calvaria Play to Earn Battle Card Game Might Be the Next Gods Unchained - Invest in Presale Before It Closes
Metaverse to bring 'true productivity' to industrial environments: Davos 2023
19.1.2023
A panel of experts at the World Economic Forum 2023 highlighted how the metaverse can deliver practical use cases of large-scale industrial industries like healthcare and retail
Innovative auto trading ecosystem MYST kickstarts new DeFi era
19.1.2023
MYST, the rising auto trading ecosystem, is making waves with its innovative approach. MYST stands for Multi-Strategy, Yield-Optimized Systematic Trading. The crypto bot trading and dApp, as the name implies, are a combination of multiple algorithms. It automates trades via the trading...
US Arrests Russian Co-founder of Bitzlato Exchange on Suspicion of Money Laundering Illegal Gambling and Drug Money
19.1.2023
Anatoly Legkodymov, the Russian founder of Hong Kong-registered crypto exchange Bitzlato, has been arrested by US authorities for allegedly processing $700 million in illicit funds.
In a January 18 filing, the U.S. Department of Justice said Legkodymov was arrested in Miami on Tuesday on charges...
How Bitget Became a Dark Horse and Earns Market Share and Trust From Millions in Crypto Winter
19.1.2023
2022 was one of the roughest years in the crypto industry, which saw the collapse of Terra LUNA, Celsius, and FTX, consequently wiping out over $2 trillion from the crypto market. However, the dark horse in the face of these ugly events was the crypto exchange – Bitget. Despite the hardships...
Kava Price is 9% Higher at $1.03 Despite Red Day for Most Coins - Good Time to Buy?
19.1.2023
The KAVA price has risen to $1.03 today, representing a 9% jump in the past 24 hours, as the wider cryptocurrency market suffers its first notable drop in over a week. KAVA's current price also represents a 38% gain in seven days and 52% jump in the last 30, with the layer-one coin surging mostly...
IBF Net launches the world’s 1st metaverse on Algorand Blockchain: Netverse
19.1.2023
IBF Net successfully launches Netverse, which happens to be the world’s first metaverse on the Algorand blockchain. It also, incidentally, happens to be the world’s first Shariah-compliant metaverse on just about any blockchain whatsoever. For the entire Islamic world, this will seemingly be...
Compass Mining sued for losing Bitcoin mining machines bought by customers
19.1.2023
The lawsuit alleges that Compass Mining didn’t disclose to Bit River that it was only the ‘middleman,’ not the owner of its customers’ machines
East African Community to Decide on Regional Central Bank Launch in 2023
19.1.2023
The East African Community (EAC) will decide during the course of the year 2023 when and where it will locate the envisioned regional central bank, the regional intergovernmental organization’s Peter Mathuki has reportedly said. The setting up of the regional central bank is expected to help...
Russia’s Crypto Mining Bill ‘Has Stalled,’ Says Finance Ministry
19.1.2023
Russia’s crypto mining legalization bill has hit a last-minute obstacle, and the draft law’s progress has now “stalled,” the nation’s Ministry of Finance conceded.
Per Finmarket, the nation’s Deputy Finance Minister Alexei Moiseev told reporters on Wednesday that the long-awaited bill – which...
Coinbase halts its operations in Japan to review market conditions
19.1.2023
The Japanese arm of Coinbase has published an official blog post to announce that it is halting its operations in the region amid the present market conditions. Coinbase aims to review the business’s operations before moving forward with any other developments. Customers in Japan can deposit...
Raydium exploiter moves $2.7M to crypto mixer Tornado Cash
19.1.2023
The hackers sent 1,774.5 Ether to the sanctioned cryptocurrency mixer weeks after the DeFi protocol exploit
Upcoming correction in Polygon and BudBlockz offers great buying opportunities
19.1.2023
Crypto investors are always looking for the next big correction to buy into to make some money. However, this time, we might be in for a long run of stable prices and slow growth. It’s exciting because it’s a new frontier, and we’ve never had the chance to invest in something like...