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South Korean Prosecutors Fail in Bid to Jail Ex Bithumb Boss


South Korean prosecutors have been thwarted in their efforts to send the former head of the crypto exchange Bithumb to prison for eight years. Per TVChosun, a branch of the Seoul Central District Court acquitted Lee Jung-hoon on fraud charges. Lee had been accused of wrongdoing in a case dating...

Bitcoin looks towards an uptrend in 2023


Bitcoin gave out handsome returns in 2020 and 2021 when major industries were down amid the rising cases of the pandemic. The statement is important to highlight that Bitcoin cannot be underestimated despite 2022 being one of the worst years for the largest cryptocurrency in the world....

World Economic Forum Believes Crypto Will Remain Key Technology


The World Economic Forum (WEF) has reviewed what happened in 2022 in crypto, making several predictions about the future of the ecosystem. Dante Disparte, CSO of Circle, in an article published for the WEF, states that while 2022 has been a terrible year, the building blocks of the industry will...

The Graph sustains $0.05 support: Will GRT recover further?


The Graph remains a massively volatile coin in the last 12 months. At the beginning of 2022, it was trading around $0.68, but currently, it is trading around $0.061, which suggests a bearish pressure in the market. Experts suggest that it may not be the right time to invest in GRT for the long...

Zcash recovers marginally: Is it an end of the ZEC downtrend?


Zcash is very similar to Bitcoin and Litecoin, but it offers users enhanced security, anonymity, and zero knowledge transfer facilities. At the beginning of 2022, ZEC was trading around $150 but has reduced its value, and now it is trading around $41, which suggests extreme bearish pressure in...

MEXC launches a $20 million fund to support key Sei projects


MEXC has announced the launch of a $20 million ecosystem fund to support the Sei Network adoption. MEXC is a reputed crypto trading platform, featuring in the top 3 crypto platforms in Asia and 10 across the globe. It was founded in April 2018, and according to our MEXC exchange review, the venture...

Federal Bank agencies alert Banks & issue crypto-asset risk highlights


Through an official joint statement, the Federal bank regulatory agencies happened to have cautioned the banking institutions against the key areas involving high-risk factors where the crypto assets are concerned. The entire focus has been on the baking institutions actively involved in crypto...

Square Enix to Deepen Its Blockchain Efforts in 2023


Square Enix, the Japanese gaming giant, is preparing to announce more blockchain-based titles in 2023. As part of a now traditional new year’s letter issued by Yosuke Matsuda, CEO of the company, the executive announced some of the moves Square Enix will make regarding blockchain tech,...

Bitcoin miners rejoice; Things are finally looking up with PEGA Pool


Bitcoin (BTC) miners the world over are running out of patience with the highly anticipated launch of PEGA Pool mere weeks away. Record low BTC prices, compounded by rising hash rates, have had BTC miners and mining companies in a spin for months. Many struggle to make ends meet and certain firms...

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