The Fiscal Information and Investigation Service (FIOD) took a significant step in their pursuit of justice by apprehending a 26-year-old individual suspected of orchestrating a sophisticated web of fraud, embezzlement, and money laundering. This arrest comes as part of an intensive and ongoing investigation into what appears to be a meticulously planned large-scale scam revolving […]

The chief executive officer (CEO) of Bitsonic, a major South Korean virtual currency exchange, has been sentenced to seven years in prison for his involvement in a fraudulent scheme totaling approximately 10 billion won. The verdict, handed down by the Seoul Eastern District Court, comes after a trial where the CEO and his vice president […]

Dogwifhat price analysis:  The crypto token based on the Solana blockchain, has recently shown a positive trend, experiencing a notable increase in market value over the past day and rebounding from previous losses. The Dogwifhat price now stands at $2.95, representing an impressive gain of over 6%. The market capitalization of the cryptocurrency currently sits […]

Despite the positive inputs that TRON blockchain has received from recent industry reports, it is under risk of a price correction as per market indicators. As per crypto analyst Ali Martinez, the TD Sequential indicator on the TRX 3-day chart has shown a sell signal, which is indicative of an impending bearish trend that will […]

In a milestone moment for the cryptocurrency industry, Hong Kong’s debut of Bitcoin Exchange-Traded Funds (ETFs) has captured global attention with an impressive accumulation of $258 million worth of Bitcoin within the first week of trading. Led by the Huaxia Bitcoin ETF, Harvest International Bitcoin ETF, and Boshi Bitcoin ETF, these offerings have swiftly garnered […]

The Federal Reserve has formally terminated the enforcement action against Farmington State Bank, a former financial institution associated with FTX — the defunct cryptocurrency exchange. This follows after the bank’s operations and links to cryptocurrencies, particularly through FTX trading arm Alameda Research, were under a federal microscope. Federal Reserve’s Final Verdict The termination of the […]

Bitfinex, a prominent cryptocurrency exchange, has been rocked by news of a significant data breach. According to reports, approximately 2.5 terabytes of data, including sensitive information from around 400,000 customers, has been leaked. The revelation has sparked widespread panic among users concerned about the security of their accounts and assets given that there has been […]

The Solana blockchain network suffered one of the major outages on Tuesday, February 6, with the platform becoming dysfunctional for nearly 5 hours. Although the outage stands resolved, Matthew Sigel, head of digital assets at VanEck explains what exactly led to the outage. BFP Loader Failure Led to the Solana Outage Matthew Sigel said that […]

Internet personality and financial trader Peter Brandt appears to share the same stance as MicroStrategy founder and Chairman Michael Saylor on Bitcoin’s superiority over other cryptocurrencies. Bitcoin As Dominant Coin Gains More Support Brandt teasingly asked his followers if they were staking their future on crypto assets like Ethereum (ETH), Solana (SOL) and shitcoins. “This […]

UBS AG has unveiled Hong Kong’s first investment-grade tokenized warrant on the Ethereum public blockchain network. The groundbreaking product, featuring a call warrant with Xiaomi Corporation as the underlying stock, marks a significant milestone in the realm of digital finance.  Powered by UBS Tokenize, the bank’s proprietary tokenization service, this offering promises enhanced transparency, reduced […]