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South Korean Police Arrest 49 in Crypto-powered Drug Trading Bust
24.4.2024
South Korean police have arrested 49 people in a raid on a suspected crypto-powered drugs trading gang, officers announced on April 23.
The post South Korean Police Arrest 49 in Crypto-powered Drug Trading Bust appeared first on Cryptonews
Plus: Infection Free Zone, Gigantic, Spirit City go places on Steam
12.4.2024
[The GameDiscoverCo game discovery newsletter is written by ‘how people find your game’ expert Simon Carless. This newsletter - co-written by our data/ops co-ordinator Alejandro - is exclusive to GameDiscoverCo Plus subscribers, and rounds up game sales & other analysis.]
Founder of Taiwan’s Ace Exchange Indicted in $10.7M Fraud Case
10.4.2024
On April 8, a Taiwanese court charged David Pan, the founder of Ace Exchange, and six other people on allegations of money laundering and cryptocurrency fraud involving digital currencies worth $10.7 million.
The post Founder of Taiwan’s Ace Exchange Indicted in $10.7M Fraud Case appeared...
Where South Korea’s Democratic Party and People Power Party Stand on Crypto Policies
10.4.2024
South Korea’s elections take place today and the outcome of who comes out tops will play a crucial role in influencing the regulatory environment for cryptocurrencies.
The post Where South Korea’s Democratic Party and People Power Party Stand on Crypto Policies appeared first on Cryptonews
Worldcoin Enhances Privacy Measures and Age Verification, Allows Users to Unverify World ID
9.4.2024
Sam Altman's Worldcoin is taking measures to improve the protection of user data and ensure that its platform is available only to people over 18.
The post Worldcoin Enhances Privacy Measures and Age Verification, Allows Users to Unverify World ID appeared first on Cryptonews
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.
The post South Korean Youth Crypto Investment Driving Many to Debt – Report appeared first on Cryptonews
Hellblade II Dev Says People Want Shorter Games, And They’re Right
4.4.2024
Senua’s Saga: Hellblade II is set to follow in its predecessor’s footsteps as a digital-only, shorter experience. Ninja Theory’s follow-up to the 2017 psychological horror action game will run about eight hours and cost only $50 compared to the $70 most AAA games cost on the Xbox Series X/S. If...
SEC Commissioner Hester Peirce Calls Out SAB 121, Claims Agency is “Scaring People Off”
2.4.2024
SEC Commissioner Hester Peirce criticized her own agency and its controversial staff accounting bulletin, SAB 121, during Tuesday remarks at the Practicing Law Institute’s 2024 SEC Speaks event. Peirce's dissidence marks the latest dissatisfaction with the SEC's leadership, with the federal agency...
USDT OTC ‘Thieves’ Arrested in South Korea’s Gangnam District
2.4.2024
Police in Gangnam, an affluent district of Seoul, South Korea, have arrested 10 people accused of stealing money in a bogus USDT OTC trade.
The post USDT OTC ‘Thieves’ Arrested in South Korea’s Gangnam District appeared first on Cryptonews
Bitcoin “Inflation Hedge” Argument Is a Fairy Tale Used By Speculators: Andrew Sorkin
2.4.2024
CNBC's Andrew Sorkin doesn't believe nearly as manner people use Bitcoin as an inflation hedge as its boosters claims.
The post Bitcoin “Inflation Hedge” Argument Is a Fairy Tale Used By Speculators: Andrew Sorkin appeared first on Cryptonews
Polygon stuck as people lose trust in MATIC and ZK.Money
1.4.2024
Polygon has been in the news the last week with their new Napoli upgrade and bidding farewell to the Mumbai testnet. Matic raised USD 5.6 million in April 2019, with a 310% ROI estimated for August 2022. Private ventures like Decentraland, Zebi, and Parsec Labs have invested in the project....
More Than 400 People Now Working On The Witcher 4, CDPR Confirms
29.3.2024
Production on the upcoming RPG The Witcher 4 has picked up significantly since we last heard about it. CD Projekt Red confirmed as part of its earnings report that the the team behind the game, codenamed Polaris, has grown to 403 staffers, or about two-thirds of the studio. It’s now the single...
Kevin O’Leary Wants To Buy TikTok and Implement Cryptocurrency Features
28.3.2024
Mainstream cryptocurrency adoption is well underway according to recent findings from a Crypto.com report that show global cryptocurrency ownership increased by 34% last year. According to the report, 432 million people owned crypto in January 2023, a number which rose to 580 million by the end...
OKX’s Global Compliance Chief Left After Six Months
28.3.2024
Patrick Donegan, whose LinkedIn profile says he managed a team of 300 people around the world, was at OKX from August 2023 to January 2024
Slothana Crypto Presale Trends On Twitter, Next Solana Meme Coin to Go Viral After $SLERF?
27.3.2024
A new Slothana ($SLOTH) crypto presale is trending on Twitter – and that’s because a lot of people think it will be the next Solana meme coin to go viral, just like $SLERF. Sloth coin $SLERF has been a sensation, even by the standards of meme coins. So much so that Bloomberg reported with amazement...
New AI Demo Shows Why Games Writing Should Be Left To People
18.3.2024
NVIDIA and Convai have released a trailer for their AI demo, Project Neural Nexus, and it predictably looks and sounds like shit.Read more
Epic wealth: The incredible stories of regular people who struck it rich with Bitgert coin – Is it too good to be true?
18.3.2024
The controversial blockchain initiative Bitgert has garnered media attention during the FTX crisis owing to its audacious assertions of a fast and cost-free blockchain. Bitgert is a crypto-engineering company that has created a number of blockchain-based solutions for the metaverse, NFTs,...
China’s Central Bank Publishes Digital Yuan Guide for Foreign Visitors
18.3.2024
The People’s Bank of China publishes a digital yuan service guide for foreign visitors, detailing steps to download apps, open wallets, link accounts, and complete payments.
The post China’s Central Bank Publishes Digital Yuan Guide for Foreign Visitors appeared first on Cryptonews
Prosecutors Demand 50 Years for Bankman-Fried, Citing FTX Founder’s Repeated Gambles ‘With Other People’s Money’
16.3.2024
In a statement from U.S. Attorney Damian Williams and his team, the fallen FTX founder, Sam Bankman-Fried (SBF), faces a recommendation for up to half a century behind bars for his offenses. The prosecutors argue that SBF has a penchant for high-stake risk and “gambling repeatedly with other...
Democratic Senators Urge SEC Chair Gensler Against Crypto ETF Approvals, Cite “Significant” Risks
15.3.2024
Democratic Senators Laphonza Butler (D-CA) and Jack Reed (D-RI) are pushing United States Securities and Exchange Commission (SEC) Chair Gary Gensler to “strictly limit” the approval of crypto-based ETFs. The senators claim that further approval of crypto ETFs in the U.S. could pose "significant"...