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S Korean Prosecutors Want to Jail $651m ‘Crypto Scammers’ for 12-15 Years

12.8.2023
South Korean prosecutors say they hope to jail executives thought to be behind a $651 million crypto scam to prison for up to 15 years. Per the media outlet Asia Kyungjae, the alleged scam saw 8,000 people left out of pocket. The scammers allegedly offered individuals “payouts” if they paid their...

Putin and Ramaphosa Discuss BRICS Summit, Trade and Cooperation; Russian President to Join via Video Link

10.8.2023
Russian president Vladimir Putin and South African president Cyril Ramaphosa recently addressed cooperation, trade, and preparations for the upcoming BRICS summit. The two leaders conversed about practical cooperation and the expansion of the organization, reflecting a shared commitment...

South Korea arrests Bitsonic CEO for stealing $7.5 million of users’ money

9.8.2023
The Vice President of the crypto exchange would also be put on trial, but without preliminary detention

23 Countries Apply for BRICS Membership as Leaders Prepare to Convene at Summit

9.8.2023
South Africa, the host of the BRICS summit this year, has published a list of 23 countries that have applied to become members of the economic bloc. Moreover, South African President Cyril Ramaphosa has invited 67 leaders and 20 representatives of major organizations to the BRICS summit. French...

SEC-Ripple Ruling a ‘Silver Lining’ for South Korean Prosecutors in Do Kwon Case

9.8.2023
The XRP trial ruling may reportedly negatively impact South Korean prosecutors’ bid to convict Do Kwon and Terraform Labs of fraud and securities violations, but officials claim otherwise. The US Securities and Exchange Commission (SEC) has expressed its “disappointment” at a court ruling last...

Latam Insights — Honduras Opens Public CBDC Consultation, Venezuela Applies to Enter BRICS

7.8.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Honduras opens a central bank digital currency (CBDC) consultation, Venezuela applies officially to join BRICS, and Trubit launches Pix payment integration...

Indian Analyst: World War III Already Started, BRICS Could Merge With SCO

6.8.2023
The president of a New Delhi-based think tank believes that World War III has already begun. He also anticipates the BRICS economic bloc (Brazil, Russia, India, China, and South Africa) merging with the Shanghai Cooperation Organization (SCO). “A single merged organization will be much more...

Venezuela Presents Official Request to Join BRICS

5.8.2023
The government of Venezuela formalized its proposal to be part of BRICS, a geopolitical and economic bloc comprised of Brazil, Russia, India, China, and South Africa. Venezuelan President Nicolas Maduro explained that he hoped for a positive reception of the proposal by the nations that are part...

Korean superconductor LK99 joins memecoin craze

4.8.2023
The world's supposed first room-temperature ambient pressure superconductor already has a memecoin

South Korean Exchange Upbit Surpasses Coinbase, OKX in July Trading Volume to Take No. 2 Spot for First Time

3.8.2023
The exchange bucked the general market trend that saw a decline in trading volume for most centralized exchanges

Traders Fair & Awards, South Africa 2023: Where financial enthusiasts unite to elevate their trading journey!

2.8.2023
Traders Fair & Awards is proud to announce its upcoming event in South Africa, set to take place on September 16 at the prestigious Protea Hotel Johannesburg Wanderers. This highly anticipated gathering of trading enthusiasts promises an enriching experience, featuring an impressive lineup...

Genesis Digital Assets Announces Expansion of Bitcoin Mining in South Carolina

2.8.2023
Major Bitcoin mining company Genesis Digital Assets (GDA) has announced the opening of three new data centers in South Carolina, USA, which has "abundant and clean energy sources." The facilities are located in the Western region of the southeastern state, said the press release. All three...

Bitcoin Miner Genesis Digital Assets Opens 3 New Data Centers in South Carolina

2.8.2023
Genesis Digital Assets (GDA), one of the world’s largest bitcoin mining companies, has opened three new data centers in the western region of South Carolina. The facilities represent GDA’s continued expansion in the United States, where its data centers now account for over 2%...

Genesis Digital Assets opens three new facilities in South Carolina in US expansion

1.8.2023
The company has 400 MW of capacity spread across three continents, but most of its power is concentrated in Texas

Crypto Fest 2023: Connecting crypto & blockchain enthusiasts in South Africa

1.8.2023
On November 24, attendees from around the world will gather at the luxurious Cabo Beach Club in Cape Town, South Africa, for the highly anticipated Crypto Fest 2023. Crypto Fest has earned its reputation as being one of the most prominent events in the blockchain and cryptocurrency space...

South Korea's CBDC Pilot to Take Place in Jeju, Busan, or Incheon, Excluding Seoul

1.8.2023
The central Bank of Korea (BOK) has narrowed down the choices for its central bank digital currency (CBDC) pilot venue to three regions. Notably, the nation's capital Seoul is not among these. The major regions chosen as candidates are Jeju, Busan, and Incheon, according to IT Chosun. ...

Today in Crypto: Crypto Firms in Hong Kong Can Open 'Simple' Bank Accounts Only, Elderly Couple in US Held Hostage for $156,000 in Crypto, Binance Can Operate in Dubai But Not in Nigeria

31.7.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: Crypto Firms in Hong Kong Can Open 'Simple' Bank Accounts Only, Elderly Couple in US Held Hostage...