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Man Plans to Sue City Over Refusal to Dig for 7,500 Lost Bitcoin in Landfill


James Howells, a bitcoin enthusiast who misplaced 7,500 bitcoin (BTC) in a South Wales landfill, is gearing up to take legal action against the local city council for barring his efforts to unearth the missing hard drive from 2013. This former IT professional, now 38, has been at odds with Newport...

Indonesia Expands De-Dollarization Efforts With National Task Force Formation


Indonesia’s central bank has established a national task force to expand the use of local currency with partner countries. Malaysia, Thailand, Japan, and China are already trading with Indonesia using local currencies. In addition, Singapore and South Korea have signed cooperation agreements...

80% of South Koreans Consider Crypto a Form of Gambling, Survey Finds


A South Korean survey has found that 80% of citizens think crypto is a form of “gambling,” while many expressed fears about the dangers of rug-pulls and token price manipulation. The survey was conducted by the newspaper Segye Ilbo, in conjunction with the research firm Embrain. The survey...

Crypto Billionaire Justin Sun Predicts Next Bull Cycle


Tron founder Justin has predicted that the market is poised to enter a new bull cycle within the next two years.  Speaking at Korea Blockchain Week 2023, Justin Sun expressed optimism for the upcoming bull run. He said that the industry has been undergoing a deleveraging process over the past...

South Korea Seeks to Freeze North’s Crypto Assets Under New Law


The government in Seoul intends to submit new legislation tailored to facilitate the tracking and freezing of crypto used to fund the weapons programs of North Korea. A bill has been drafted after extended consultations between ministries with the aim to make South Korean sanctions more effective...

South Korean Prosecutors Seek Arrest Warrants for Golf Star & Bithumb Exec


South Korean prosecutors have asked a court to arrest an ex-pro golfer and a top executive at Bithumb, one of the country’s leading crypto exchanges. YTN reported that the Seoul Southern District Prosecutors’ Office’s Financial Investigation Department wants to try golfer Ahn Seong-hyun and...

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