Blockchain

The recent case of a man in his thirties sentenced to five years in prison for crypto-related fraud highlights the disturbing trend of scammers targeting AfreecaTV BJ stars in South Korea. These stars, who have gained fame and fortune through the platform, are now being lured into complex crypto fraud projects by unscrupulous individuals seeking
0 Comments
In a groundbreaking move, Ethereum scaling solution Arbitrum has joined forces with the trading app giant Robinhood to introduce a new token swap integration within Robinhood’s self-custody wallet. This exciting collaboration was unveiled during the ETHDenver conference, highlighting the innovative step towards enhancing user experience and accessibility in the crypto space. The strategic partnership between
0 Comments
The family members of former FTX chief Sam Bankman-Fried have recently submitted letters to the federal judge in charge of determining his sentence. These letters were included in a group of 26 supporting SBF and they all requested a lighter sentence for him, downplaying the impact of FTX’s collapse on investors. SBF’s younger brother, Gabriel
0 Comments
As the financial landscape continues to evolve, the Financial Stability Board (FSB) has outlined its plans for 2024 in a recent letter from Chair Klaas Knot. The global financial stability outlook is described as challenging, but the FSB is prepared with a strategy to address key priority areas. One of the significant aspects of the
0 Comments
The cryptocurrency market is currently experiencing a surge in stablecoin market capitalization and trading volume. Recent data indicates that the stablecoin market has reached a new high in February, with the market cap soaring to $138 billion. This represents a significant increase of 1.95% from the previous month and marks the fifth consecutive month of
0 Comments
The Chinese Ministry of Industry and Information Technology (MIIT) has recently raised an alarm regarding the emergence of fraudulent schemes involving counterfeit digital yuan applications. These fake apps are cleverly designed to mimic the official digital yuan platform, tricking unsuspecting users into downloading and engaging with them under the guise of attractive “promotions.” One such
0 Comments
The ongoing debate on whether cryptocurrencies should be classified as securities in South Korea has resulted in a legal backlog in the Seoul Southern District Court. With individual judges grappling with the question of whether certain coins exhibit “security properties,” high-profile cases related to price manipulation and fraud are coming under intense scrutiny. The Terra
0 Comments