Blockchain

Cryptocurrency mining has become an increasingly competitive and lucrative field, prompting companies to continuously innovate and develop more powerful mining rigs. Hong Kong-based crypto technology company ASICRUN has recently released its latest line of products, the AR1, AR2, and EliteAR ASIC miners. These miners are set to revolutionize the industry with their unparalleled mining performance

Russia’s trade ministry recently announced the development of a groundbreaking tool that has the potential to assist crypto miners in evading Western sanctions. Lawmakers explained in a DumaTV post on the RuTube video-sharing platform that the Ministry of Industry and Trade had successfully created a tool specifically designed for conducting industrial mining activities. This tool

Cryptocurrency scams continue to plague the global market, with South Korea being no exception. In a recent development, a branch of the South Korean High Court has sentenced a convicted crypto scammer to jail for operating a fraudulent token trading platform. This article delves into the details surrounding the case and sheds light on the

In a startling revelation, it has come to light that a suspected crypto fraudster accompanied South Korean President Yoon Seok-yeol on a state visit to Saudi Arabia last month. The individual, who is the head of an unnamed crypto firm, was part of an “economic delegation” that traveled with Yoon in late October. This incident

Dogecoin (DOGE) has been making significant moves in the cryptocurrency market recently. After reaching its highest level since July, there is speculation that DOGE could experience a near-term pump towards yearly highs. This article examines the factors that could contribute to Dogecoin’s rise and the challenges it may face along the way. As Bitcoin continues

The cryptocurrency market has seen a surge in the price of Solana (SOL), the cryptocurrency that powers the high-performance, smart-contract-enabled Solana layer 1 blockchain protocol. Over the past week, SOL has experienced a 44% rally, testing the $60 mark. Currently, SOL/USD is trading around $59.5, showing a 5% increase for the day. However, the price

In a devastating blow to decentralized finance (DeFi) platform Raft, a hacker managed to steal approximately $3.3 million worth of Ethereum (ETH). However, what initially seemed like a successful heist quickly turned sour for the attacker. Despite successfully draining 1,577 ETH from Raft, they faced a setback as they sent 1,570 ETH to a burn

South Korea’s leading crypto exchange, Upbit, and its parent company, Dunamu, have recently celebrated a victory as the nation’s Supreme Court acquitted Dunamu’s Chairman Song Chi-hyung of fraud charges. The charges were related to allegations of manipulating platform data by creating fake member accounts on Upbit to artificially boost trading volumes. This article delves into

WeMade, a leading South Korean gaming company, recently celebrated a milestone as its WEMIX coin secured a new listing on the domestic crypto exchange, Gopax. However, this success didn’t come without its challenges. In November last year, WeMade faced controversy when the nation’s self-regulating committee, the Digital Asset Exchange Alliance (DAXA), unilaterally delisted the WEMIX

South Korean police have made a significant breakthrough in their fight against international crypto fraud. In a recent operation, they arrested 49 individuals, including the six suspected leaders of six separate organizations. The police froze over $12 million believed to be linked to the fraudulent activities of these groups. The Cyber Investigation Department of the