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South Korean Crypto Exchange Execs Arrested Amid USD 2B Fraud Fears
3.7.2021
Police in South Korea said they fear that the crypto exchange V Global could be at the center of a fraud network that has sucked in some USD 2bn, as investigations into the platform intensify and police officers raided the exchange’s offices.
Per Seoul Shinmun and Hankook Ilbo, police claim that...
Bitcoin Starts Outperforming Again as Ethereum and Altcoins Drop More
2.7.2021
Bitcoin price extended its decline below the USD 33,500 support zone. BTC tested USD 32,600 and it remained well above the key USD 32,000 support zone. It is currently (12:14 PM UTC) trying to move higher above USD 33,000, but a break above USD 34,000 is a must for a stronger increase.
In either...
Bitcoin, Ethereum and Altcoins Show Bearish Signs
1.7.2021
Bitcoin price extended its decline below the USD 34,000 support level. BTC even traded below USD 33,500, opening the doors for more losses. It is currently (12:29 PM UTC) struggling to recover and there could be more downsides towards USD 32,200.
Similarly, most major altcoins are moving lower....
Coin Race: Top Winners/Losers of June, Q2 and First Half of 2021
1.7.2021
It’s already July, meaning that the world left another month, quarter and half a year behind, and so did crypto. And what an eventful time it was. A rollercoaster type of eventful. The first quarter was entirely green, with nearly all coins recording triple-digit rises. The second quarter – not...
New South Korean Reality TV Show Follows Fortunes of Crypto Investors
1.7.2021
Source: A screenshot, Youtube/TVCHOSUN
A South Korean reality television show that focuses on crypto investors, bitcoin (BTC) enthusiasts and miners has debuted on screens across the nation.
The show, which aired for the first time this week on TVChosun, the television arm of the nation’s biggest...
Bitcoin and Ethereum Hesitate, WAVES and ETC Hold Gains
30.6.2021
Bitcoin price failed to continue higher above USD 36,500 and it started a downside correction. BTC traded below the USD 35,500 and USD 35,000 support levels. It is currently (12:12 PM UTC) showing a few bearish signs and is trading around USD 35,000.
Similarly, most major altcoins are moving lower....
Former Japanese Regulatory Chief: Digital Yuan Progress ‘Hard to Ignore’
30.6.2021
Toshihide Endo, the former commissioner of Japan’s top financial and crypto regulator, the Financial Services Agency (FSA), has claimed that the forthcoming digital yuan will have a “huge impact” on the speed at which “advanced economies” roll out their own central bank digital currency (CBDC)...
McAfee's Death & Legal Battle, Worldcoin For An Eye, ETC Upgrade + More News
29.6.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Legal news
John McAfee’s death last week in a Spanish prison complicates the US government’s intent to recover millions of dollars it says...
Bitcoin Climbs Above USD 35K, Ethereum and Altcoins In Green
29.6.2021
Bitcoin price stayed above the USD 34,000 pivot level and it extended its rise. BTC surpassed the main USD 35,000 resistance to move further into a positive zone. It is currently (12:27 PM UTC) showing positive signs, but the bears might take a stand near USD 36,500 in the short-term.
Besides, most...
British Binance Users Reporting Fiat Ramp, Bank & Card-related Problems
29.6.2021
Source: Instagram, Binance
UK-based customers of the crypto exchange giant Binance have claimed they have been frozen out of GBP withdrawals via the Faster Payments network, with disruption also reported on bank card-linked transactions – shortly after the British regulator orders the firm to cease...
Crypto Listing and Delisting Announcements: Week 26
28.6.2021
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.
Have we missed something? Do you have information about new listings and/or delistings? Let us know...
Crypto Market Sentiment Slips, Tether Wins the Week
28.6.2021
With the blood being continuously spilled in the crypto market, no wonder the market sentiment was bleeding too. The average 7-day moving crypto market sentiment score (sentscore) for ten major coins dropped again, moving lower towards the negative zone, now standing at 4.46 compared to last week's...
Dogecoin Fee Structure Proposal Released, Marked 'Important' by Elon Musk
28.6.2021
Source: Twitter, @haydentiff
A proposal regarding a new fee structure and policy for Dogecoin (DOGE) Core has been released on GitHub, receiving the support of Elon Musk too.
Today, Ross Nicoll, Dogecoin's lead maintainer, announced that "the Dogecoin fee change proposal is up," and...
Investors Ignore Canada, Japan, UK News as BNB Climbs Higher
28.6.2021
Source: a screenshot, Instagram/binance
Binance coin (BNB) price keeps increasing despite the warnings issued to crypto exchange Binance in two countries in a few days, and the company closing shop in a third country.
The fourth coin by market capitalization, BNB, is up 2.5% in a day, trading...
Billionaire Dismisses ETH, DOGE, Backs XMR, ZEC, Says His Bank Will Accept BTC
28.6.2021
Ricardo Salinas Pliego. Source: a video screenshot, Youtube/Ricardo B. Salinas Pliego
Ricardo Salinas Pliego, the influential Mexican billionaire with links to his nation’s government, has hit out at ethereum (ETH) and dogecoin (DOGE) – while issuing ringing endorsements of bitcoin (BTC)...
Crypto-keen South Korean Thieves Raid GPUs from ‘Love Hotel’ PCs
26.6.2021
Criminals have hatched a fiendish plan to help them build up their token portfolios – by stealing graphics cards from PCs in South Korean “love hotels,” motels that cater to couples craving physical intimacy.
Love hotels can be found all over South Korea and across the sea in Japan – and provide...
Government, Police to Inspect all 60 of South Korea’s Crypto Exchanges
25.6.2021
The South Korean financial regulator is to radically step up its monitoring of the crypto industry – with an announcement that it is set to conduct inspections at all 60 of the nation’s crypto exchanges in conjunction with the police and independent IT inspectors.
After being accused of dragging...
Thinkers Suggest Launching a Pan-Central American Digital Currency
24.6.2021
Source: Adobe/IdeaBug, Inc.
El Salvador’s pending adoption of bitcoin (BTC) as legal tender has set Central American thinkers to question whether the region could seek to compete with other economies by launching a joint-central bank-run digital currency for use around the region.
In a column...
Korean Civil Service Rewards Taxman who Found USD 32M in Hidden Crypto
24.6.2021
Hwang Byung-gwang (third from left). The South Korean tax service appears in a congratulatory mood after a series of swoops on high-band tax evaders unearthed millions of dollars worth of undisclosed crypto – and has rewarded a tax who uncovered a taxman dodger’s hidden USD 32.3m crypto stash.
Per...
Meme Coins Are Among Worst Performers This Week
23.6.2021
Source: iStock/isa_ozdere
Meme coins have seen significant drops over the past week, bleeding thousands from investors' wallets, and even pushing some below their recently gained millionaire status.
At 8:10 UTC, meme tokens are up almost 17% in the past day and down nearly 30% in a week, becoming...