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Report: Bank of Korea Chief Says Growing Use of Stablecoins Threatens Central Bank Operations
19.12.2023
The Bank of Korea governor Rhee Chang-yong recently stated that the growing stablecoin use threatens the operations of central banks. The possible involvement of global networks like Visa and Mastercard in the stablecoin business will likely undermine the monetary independence of countries like...
Gianluigi Buffon Invests in OQtima, Signaling a Shift in Sports-Finance Collaborations
19.12.2023
PRESS RELEASE. Renowned Italian football goalkeeper Gianluigi Buffon has recently confirmed his strategic investment in OQtima, an innovative online trading company, marking a significant departure from traditional sponsorship deals. Buffon’s active involvement in OQtima signifies a profound...
CZ Not off the Hook Yet as SEC Continues to Investigate Binance US: Report
28.11.2023
Source: Youtube/Entrepreneur ME The United States Securities and Exchange Commission (SEC) is seeking evidence regarding Binance.US’s alleged backdoor control over customer assets, resembling a structure akin to FTX, Wall Street Journal reported. In June, the SEC initiated legal action...
Nigeria Law Enforcement Nab Politician Who Laundered Funds Stolen From Crypto Exchange
26.11.2023
Nigerian law enforcement recently arrested a politician who is accused of laundering digital funds that were stolen from Patricia Technologies in May. CEO Hanu Fejiro praised the politician’s arrest and said the recovered funds will “go a long way to soothe Patricia users.”...
Bitcoin Price Prediction as New CoinShares Report Says BTC Could Hit $140,000 If This One Thing Happens – Here’s What You Need to Know
22.11.2023
Despite the buzz around cryptocurrencies’ potential, Bitcoin (BTC), the world’s most valuable cryptocurrency, experienced a setback, slipping below the $37,000 threshold early Wednesday. This downturn coincides with significant industry news: Binance CEO Changpeng Zhao announced...
GOP Candidate Ramaswamy Would Reduce Govt Involvement in Crypto If Elected
16.11.2023
GOP Candidate Vivek Ramaswamy Source: YouTube/NBC News The 2024 United States presidential candidate, Vivek Ramaswamy, has disclosed his plans to curb the Securities and Exchange Commission’s (SEC) control and government involvement in the crypto space if elected. In an exclusive interview with...
XRP Technical Analysis: Market Navigates Rumor-Induced Volatility
14.11.2023
In the wake of recent market rumors about Blackrock’s involvement with XRP, the cryptocurrency’s price experienced significant volatility. Today, XRP stands at $0.654, reflecting a dynamic interplay of market forces and investor sentiment. XRP’s Price Rollercoaster: Blackrock...
FTX Foundation Member Denies Involvement In SBF Fraud, Insists on Unpaid Bonus
14.11.2023
Source: AdobeStock / Rafael Henrique Ross Rheingans-Yoo, an employee of FTX Foundation has filed a response to FTX’s claim regarding his unpaid salaries and bonuses totaling $275,000. In a Nov 13 court filing, the foundation staff argued that he was entitled to $650,000 but was only paid $375,000...
Taiwan Authorities Arrest Two Suspects in JPEX Scandal Amid Ongoing Investigation
9.11.2023
Source: Pixabay The Taipei District Prosecutors Office has detained two individuals linked to JPEX, the cryptocurrency exchange, as part of an ongoing investigation into suspected fraud. The arrests come as a result of their alleged involvement in violations of relevant banking and anti-money...
Oracle Employee Allegedly Involved in $54 Million Crypto Laundering Scheme
8.11.2023
Source: Pexels An Oracle employee with a unique nighttime persona as a party entertainer is now under investigation for his alleged involvement in a $54 million crypto money laundering scheme. Brian Krewson, who goes by the alias “Mr. Poto” during his party entertainer gig, has not been...
Argentina Presidential Candidate Proposes Mining Bitcoin With Residual Natural Gas, Faces Skepticism
3.11.2023
Argentina’s presidential hopeful Sergio Massa unveiled plans to utilize excess natural gas from the Vaca Muerta oil fields to mine Bitcoin. However, following his proposal, the local crypto community opposed the government’s direct involvement in Bitcoin (BTC) mining. In late October...
Do Kwon’s Unreasonable Operations Led to Terraform Collapse: Co-founder Shin Denies Involvement
31.10.2023
The co-founder of Terraform Labs Daniel Shin has denied involvement in the collapse of the Terra Network pointing fingers at former CEO Do Kwon. Following his trial, reports have made rounds from local news media showing that Shin blames the bad policies of Do Kwon as he was not part of the company...
SBF's Lawyers Seek To Cross-Examine Gary Wang on Counsel’s Involvement in Alameda Loans
10.10.2023
In the ongoing multi-billion fraud trial of the bankrupt FTX exchange, Sam Bankman-Fried (SBF) has blamed lawyers' involvement in structuring the loans issued to FTX co-founder Gary Wang by Alameda Research.
As a result, SBF’s lawyers have requested Judge Lewis Kaplan to cross-examine Wang further...
FTX CEO Sam Bankman-Fried's Legal Battle Expands to Lawyers' Involvement
10.10.2023
As the trial of Sam Bankman-Fried enters its second week, his lawyers are seeking to question FTX co-founder Gary Wang about his reliance on legal advice regarding loans from Alameda Research.
In a legal filing made late Monday night, Bankman-Fried's defense team requested permission from...
SBF seeks to probe FTX lawyers’ roles in $200M Alameda loans
10.10.2023
Sam Bankman-Fried’s legal team is seeking permission to cross-examine Gary Wang over FTX lawyers' involvement in Alameda loan approvals
Bankman-Fried Seeks to Probe Lawyers’ Involvement in $200M ‘Sham’ Alameda Loans
10.10.2023
The defendant in a multi-billion fraud trial is pressing to blame legal advice, despite judicial reluctance to let him
OpenSea ‘unaware’ of any involvement of former exec in $60M rug pull
9.10.2023
A former OpenSea employee has been accused of assisting the infamous AnubisDAO rug pull in 2021; however, some commentators have raised doubts
Binance Russia buyer tightlipped on owners but denies CZ involvement
29.9.2023
Binance’s buyer in Russia, CommEx, has been developing its platform for six months and has onboarded some ex-Binance employees, the firm said
Tether Denies Links With Alleged Spokeswoman Alex Welch; Blasts ‘Tabloid’ News Outlets
26.9.2023
A controversy surrounding Alex Welch, an alleged spokeswoman of Tether, the company behind USDT, erupted last week as an article in the Wall Street Journal (WSJ) quoted her as a source for information on the company’s loans. However, Tether CTO Paolo Ardoino denied any involvement of Welch...
Crypto Regulation Needs Teeth: Ex-SEC Official Pushes for DOJ Involvement
26.9.2023
The issue of crypto regulation in the United States has intensified following outspoken criticisms from John Reed Stark, a former SEC official, on Saturday. ...
Read More: Crypto Regulation Needs Teeth: Ex-SEC Official Pushes for DOJ Involvement