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Taiwan’s ACE Exchange in Hot Water as Prosecutors Expand Fraud Probe


Taiwanese prosecutors have expanded their investigation into ACE Exchange, requesting the detention of Chenhuan Wang, the president of the platform. The prosecutors have accused Wang of money laundering and fraud in connection with the alleged fraudulent activities orchestrated by David Pan,...

GBTC ETF Sees Another $515M in Outflows as Bitcoin Price Remains Below $40k


GBTC has reported another $515 million in outflows on January 23, taking the total outflows to $3.4 billion since its conversion to spot ETF earlier this month. Nine other recently approved spot Bitcoin ETFs recorded a total of $249 million in inflows. Bitcoin lost all of its gains since...

Former Bithumb Chairman Acquitted in $100M Fraud Case in Second Trial


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...

‘$3.5m Nursing Care Fund Crypto Thief’ Extradited to South Korea


Source: S…/Adobe South Korean law enforcers have extradited a man suspected of stealing $3.5 million from a nursing care fund to buy cryptoassets before fleeing abroad. The man, surnamed Choi (aged 46), is a former National Health Insurance Corporation middle manager. He was arrested in...

Game Over for NFTs? Will the Market Recover in 2024


Non-fungible tokens, or NFTs, have faded into the background with all the chatter and excitement around a spot Bitcoin exchange-traded fund being approved in the US market. Earlier today GameStop revealed it has shut down its NFT marketplace, signaling its withdrawal from the cryptocurrency space....

Across-the-Board Crypto Stock Declines Erode Earlier Profit Streaks


Although spot Bitcoin exchange-traded funds saw substantial trading activity on Thursday and Friday, publicly-listed crypto companies faced a different fate, with several equities experiencing significant losses when the market closed on Friday. For instance, Marathon Digital Holdings’ shares...

Vendetta Games Beginners Guide: Hunting bounties in the Wild West metaverse?


Vendetta Games’ flagship game, Chalk River Metaverse, blends the wild-west, open-world combat genre with NFTs and web3. Users made the first alpha tests available for the public earlier last year, but the game has come a long way since then. While we wait for its upcoming token generation...

XRP Price Prediction as Bitcoin ETF Goes Live – Will XRP Get an ETF Next?


The XRP (XRP) price predictions remain bearish in the short term as spot Bitcoin ETFs go live in major US financial markets. The XRP price was last around $0.60, roughly flat on the day. The cryptocurrency earlier found strong resistance at its 21 and 50DMAs, which reside at $0.6060 and $0.6160...

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