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South Korean ‘Crypto Drug Dealer’ Jailed for 7 Years
25.1.2024
A South Korean court has sent a drug dealer who sold narcotics to crypto-paying “customers” to jail for seven years. Per the news agency Yonhap, the Criminal Division of the Busan District Court also ordered the unnamed individual – referred to by the media as “A” – to pay a fine of over $9,000....
South Korean Authorities Slammed for Taking Crypto Regulation ‘Baby Steps’
24.1.2024
South Korea’s financial regulators are taking “baby steps” while US counterparts forge ahead with rapid crypto regulation progress, a new report has claimed. Per the South Korean media outlet News Tomato, domestic financial authorities are yet to “properly organize” their crypto arms. The outlet...
SEC Blames Social Media Account Hack on ‘SIM Swap’ Attack in Fake Bitcoin ETF Post
23.1.2024
The US Securities and Exchange Commission (SEC) has revealed that its social media account on X fell victim to a “SIM swapping” attack in relation to the false post about the approval of Bitcoin exchange-traded funds (ETFs) earlier this month. The incident, which occurred on January...
Suicide Squad’s First New Playable Character Will Be The Joker
22.1.2024
Rocksteady has revealed some of its post-launch plans for Suicide Squad: Kill The Justice League. The biggest piece of news is that the Joker will be the first new playable character added to Suicide Squad post-launch. And no, this isn’t the Joker from the Arkham games. He’s still dead. Instead...
Tokenization is a “New Financial World” – Is Larry Fink Right?
22.1.2024
The much-anticipated Bitcoin ETF approval on January 11 has set the crypto media alight. Still, despite some early signals of bullish action, the markets didn’t respond with quite the same enthusiasm, with BTC trading down 8% in the days immediately following the news. However, short-term movements...
Dogecoin Price Prediction as Elon Musk’s X Payments Boosts Sentiment – Massive Rally Incoming?
22.1.2024
The sudden appearance of a new X Payments account on Elon Musk’s social media platform X (formerly Twitter) sent the Dogecoin (DOGE) price vaulting higher over the weekend amid a massive boost to sentiment. The Dogecoin price pumped over 16% on Saturday, hitting its highest level in around...
South Korean ‘Bogus Crypto Exchange’ Fraudster Jailed
22.1.2024
Source: MemoryMan/Adobe A South Korean court has sent an individual who provided a bogus crypto exchange with illegal bank documents to prison for four years. Per Busan Ilbo, Judge Kim Jae-yoon of Changwon District Court sentenced an unnamed individual “in their 30s” following a fraud conviction....
Myro Price Prediction as MYRO Starts Trending on Social Media – What Does it Do?
20.1.2024
MYRO, the cryptocurrency in question, has witnessed a modest uptick in its valuation. The price of MYRO is currently $0.240028, with trading activity over the last 24 hours reaching $78.63 million. The currency has appreciated by 1.65% within this period. Standing at the #230 rank...
The New York Times Still Doesn’t Get Bitcoin
19.1.2024
Franklin Templeton Eyes Broad Crypto Expansion Beyond Bitcoin, Foresees More ETP Filings
19.1.2024
Franklin Templeton’s Head of Digital Assets, Sandy Kaul, foresees an increase in filings following the recent approval of 11 new spot bitcoin exchange-traded funds. Kaul highlighted that the firm, managing $1.5 trillion in assets, recognizes the “potential of this whole crypto...
Crypto Scam Based on TV Show The Boy’s Word Sweeping Russia, Warns Central Bank
19.1.2024
Source: May Thawtar/Adobe Russia’s Central Bank has warned citizens about a crypto “scam” project based on the hit drama series The Boy’s Word: Blood on the Asphalt. Per the media outlet VN.RU, the project also calls itself “The Boy’s Word.” But the Central Bank says the project is a “pyramid...
In Social Media Buzz, Investment Giant Franklin Templeton Commends Ethereum and Solana’s Advances
18.1.2024
Based in San Mateo, the prominent investment management firm, Franklin Templeton, has been actively posting about digital assets on social media following the recent approval of its new spot bitcoin exchange-traded fund (ETF). The firm’s U.S. X account now sports a modified logo featuring...
Reddit Scheduled For IPO Launch in March, Set to Offset 10% of Stocks – Report
18.1.2024
Source: AdobeStock /Aozora San Francisco-based social media giant Reddit is scheduled for an initial public offering (IPO) in March, according to a Reuters report. Reddit, famous for its role in the meme stock frenzy of 2021, is making its second attempt at a public listing after an initial move...
Former Bithumb Chairman Acquitted in $100M Fraud Case in Second Trial
18.1.2024
The former chairman of Bithumb Holdings and Bithumb Korea, Lee Jeong-hoon, has been acquitted for the second time in the $100 million fraud case. The recent decision by the 5th Criminal Division of the Seoul High Court follows Lee’s earlier acquittal in January 2023 on comparable charges...
Binance Users Seek to Serve $1B Lawsuit to Ronaldo via Elon Musk’s X
18.1.2024
Binance customers are seeking approval from a Florida federal court to serve the world renowned soccer player Cristiano Ronaldo with the $1 billion proposed class action through the social media platform X, formerly Twitter. In a latest filing, plaintiff Michael Sizemore is requesting an order...
“My Personal Advice is Don’t Get Involved” in Bitcoin, JPMorgan CEO Says
17.1.2024
JPMorgan CEO Jamie Dimon had some choice words about investing in Bitcoin during his latest media appearance this morning. Dimon’s take on Bitcoin During a Wednesday morning segment on CNBC, Dimon told the hosts of “Squawk Box” that his “personal advice is don’t...
Starfield’s Big Update Delayed Because Of A Mysterious Issue
17.1.2024
On January 16, hours before Starfield’s massive update was scheduled to go live in beta form on Steam, developer Bethesda Game Studios announced its delay. The team said it still plans to drop the patch sometime this week, but until it can iron out a newly discovered (and unnamed) issue, we’ll have...
What caused the Bitcoin (BTC) dump post ETF approval? Is it time to look towards Ethereum (ETH) and Retik Finance?
16.1.2024
In a recent unforeseen turn of events, Bitcoin (BTC) experienced a dramatic fluctuation in its price, prompting a market-wide reevaluation and a shift of focus towards Ethereum (ETH) and Retik Finance. The Cause of Bitcoin’s Dump: A Social Media Fiasco The cause of the turmoil was a social...
Chinese ‘Criminals Used Digital Yuan to Launder Money’ – Prosecutors
16.1.2024
Source: dule964Adobe Chinese law enforcers say they have shut down a gang that was using digital yuan wallets to launder money. Per the media outlet The Paper, the gang was allegedly active in the Yuecheng District, in the municipality of Shaoxing, Zhejiang Province. The Shaoxing Public Security...
Thoughts on Streaming Services: 2024 Edition
15.1.2024
Streaming services have revolutionized content delivery, sending linear media companies into a panic as they watch traditional cable services decay. “Cutting the cord” is a common practice these days, but the streaming landscape isn’t perfect. We’re a decade into streaming...