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Daily Crypto Update: Bitcoin Drops Under $61k, Fear Amid Traders
10.10.2024
The crypto market continues the bearish pattern, with top assets losing steam: Bitcoin, Ethereum, BNB, Solana, and every…
South Korean Lawmakers Call for Full Investigation Into KOK Token Crash
10.10.2024
Two South Korean lawmakers have called for a full investigation into the KOK token after its value collapsed to almost zero. Victims have accused Korea’s largest newspaper of promoting the scam, sparking concerns about its role. The alleged cryptocurrency fraud has caused an estimated...
South Korea allows division of crypto in divorce settlements
10.10.2024
South Korean law now allows spouses to claim cryptocurrency and Bitcoin holdings during divorce proceedings, recognizing them as marital assets
South Korea allows division of crypto in divorce settlements
10.10.2024
South Korean law allows spouses to claim cryptocurrency and Bitcoin holdings during divorce proceedings, recognizing them as marital assets, law firm says
Texas Drug Ring Sentenced for Laundering $50K Monthly in Cryptocurrency
10.10.2024
Six members of a Texas-based drug ring have been sentenced for their roles in a dark web drug operation, which laundered up to $50,000 per month in cryptocurrency. The group, operating as “Loverbois,” sold nearly 12 kilograms of meth. They processed about 20 drug orders daily between...
Ohio’s New Crypto Fraud Unit Claims First Victory, Recovers $130K From Scam
10.10.2024
The Ohio Bureau of Criminal Investigation’s new Electronic Fraud Investigations unit has recovered $130,000 from a cryptocurrency scam in its first victory. The unit was established to address the growing complexity of cyber financial crimes, particularly those involving cryptocurrency....
FBI Creates Crypto Token to Expose Fraud — Seizes $25M in Cryptocurrency, Charges 18
10.10.2024
Eighteen individuals and entities have been charged with fraud and market manipulation in the cryptocurrency industry. The charges involve deceptive practices such as wash trading and pump-and-dump schemes that inflated token prices, resulting in the seizure of $25 million in cryptocurrency....
Shiba Inu Whales Shift 5 Trillion SHIB: Is ETFSwap the Safe Haven?
10.10.2024
A new crypto project, ETFSwap (ETFS), may be a safe haven for investors amidst current market volatility. SHIB…
SEC, FBI, DOJ coordinate takedown of 4 fraudulent crypto firms
9.10.2024
A complex set of overlapping companies, individuals and alleged crimes have been tackled by US federal authorities
SEC, FBI, DOJ coordinate takedown of fraudulent crypto firms
9.10.2024
A complex set of overlapping companies, individuals and alleged crimes were tackled by US federal authorities
Nigerian Regulator Pledges to Fight Crypto Fraud
9.10.2024
The Nigerian Securities and Exchange Commission (SEC) vows to crack down on fraud, money laundering, and market manipulation in the crypto sector. The SEC director general, Emomotimi Agama, emphasized the importance of educating investors. Lagos State Governor Babajide Sanwo-Olu said he supports...
Vitalik Buterin seen as dark horse for 2024 Nobel Prize in Economics
9.10.2024
The co-founder of Ethereum is considered a “non-traditional” pick, but his contributions are undeniable
Vitalik Buterin seen as dark horse for 2024 Nobel Prize in Economics
9.10.2024
The co-founder of Ethereum is considered a “non-traditional” pick, but his contributions are undeniable
Compass Mining Partners With Mindshift to Expand Bitcoin Mining in South Korea
9.10.2024
Compass Mining has announced a partnership with Mindshift, a licensed digital asset service provider in South Korea, to extend bitcoin mining services to the region. The collaboration aims to address challenges like high electricity costs while making bitcoin mining more accessible to South Korean...
JAN3 CEO Samson Mow Warns of ‘Covert Operations’ to Subvert State-Level Bitcoin Adoption
9.10.2024
JAN3 CEO Samson Mow suggested that traditional financial institutions operate in the shadows to prevent more nations from following El Salvador’s path of integrating Bitcoin into their financial systems. Mow commented on a specific case involving the World Bank and another nation. JAN3...
Satoshi’s Coding Reveals Clues About Their Background, Amir Taaki Suggests
9.10.2024
Following the premiere of “Money Electric,” a film pointing fingers at Peter Todd as the mysterious Satoshi Nakamoto, former Bitcoin developer Amir Taaki decided to weigh in. Taaki shared some insights on Satoshi’s coding style, suggesting that it reveals clues about their background. According...
US Spot Bitcoin and Ethereum ETFs Face Net Losses Amid Volatile Market
9.10.2024
Based on the latest data, U.S. spot bitcoin exchange-traded funds (ETFs) ended the day with net losses, while spot ethereum ETFs also experienced a decline. $18.66M Flows Out of Bitcoin ETFs as Ethereum Funds Also Falter On Tuesday, the 12 spot bitcoin ETFs saw $18.66 million flow out, with...
Peter Brandt’s Bullish Bitcoin Forecast: $135K by 2025, but $48K Is the Line in the Sand
9.10.2024
On Wednesday, seasoned trader Peter Brandt shared his long-term perspective on bitcoin, predicting it could reach $135,000 by August or September 2025. This forecast comes with a key caveat: for the projection to hold, bitcoin must stay above a crucial support level of $48,000. Should it drop below...
Everything HBO’s Bitcoin doc got wrong about Peter Todd and Satoshi
9.10.2024
HBO’s “Money Electric” suggests Bitcoin developer Peter Todd is Satoshi Nakamoto, but contradictions and timeline errors abound
VanEck launches $30M ventures fund for crypto and AI
9.10.2024
VanEck’s new $30 million fund, VanEck Ventures, will focus on investment in fintech, crypto and AI startups building next-generation payments