Friday, August 23, 2024

Crypto pyramid scheme leader extradited to China after global pursuit
As digital currencies continue to gain popularity worldwide, the risk of related economic crimes also increases....

Australian regulator claims win over Kraken’s Bit Trade in federal court
A court has found Bit Trade offered a product without following design and distribution obligations and acted as a credit facility, in violation of Australian laws. ...

Bitcoin must ‘clear resistance’ at $62K to avoid another ‘Black Monday’
If Bitcoin fails to hit $62,000 and hold there, it could drop below $50,000, according to analysts from Kraken, but some aren’t as pessimistic....

Crypto law firm loses appeal to force SEC’s hand on Ether classification
Hodl Law sued the SEC in 2022, claiming it could face the regulator’s ire for using Ethereum and wanted a court to force it to decide if ETH is a security....

2 pig butcher busts: Feds recover $5M, ex-Kansas bank CEO jailed
United States prosecutors announced nearly $5 million worth of Tether (USDT) has been seized from a crypto scammer, while in Kansas, a former bank CEO is going to jail for embezzlement....

OmegaPro co-founder arrested over $4B crypto scam
Andreas Szakacs, the co-founder of OmegaPro was arrested in Turkey in relation to his alleged involvement in a multibillion-dollar crypto scheme. ...

Bitcoin And NASDAQ Show Tight Correlation: What Does This Mean For BTC?
Bitcoin, although starting the year with a bang has now been quiet so far in terms of performance, especially following its peak back in March. Despite the halving in April of this year, Bitcoin has e...

This Triangle Pattern Triggered In 2021 Suggests XRP Price Will Surge 5,000% To $32
The XRP price is trading around the psychological barrier of $0.60 after breaking through earlier in the week. Notably, XRP has exhibited interesting price action amidst wider market uncertainty, alth...

US Bitcoin ETFs extend inflow streak as BlackRock reels in $75 million
Institutional interest in Bitcoin ETFs signals growing mainstream acceptance and could drive further market stability and investment. The post US Bitcoin ETFs extend inflow streak as BlackRock reels i...

Sony Group Introduces Ethereum Layer-2 Blockchain Soneium: Full Details
Sony Group, in partnership with Startale, has launched Soneium, a public Ethereum layer-2 blockchain. This development is part of Sony’s strategic expansion into the blockchain ecosystem, leveraging...

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