Source: Adobe/Coloures-Pic Police in South Korea are continuing their investigation into the crypto exchange V Global, with some reports claiming that up to 40,000 investors may potentially have been left out of pocket – most of whom have been described as “elderly citizens and housewives.” Police swooped on 22 locations this week, including the V…
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A TikToker who made his own crypto token as a joke has been astounded to find that his coin has become an overnight success – and has apparently grown increasingly keen on his logic-defyingly popular creation. Andre Lewis aka Dre, who goes by the TikiTok handle of Dresuschrist, told Vice’s Motherboard that he had created…
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V Global, a South Korean crypto exchange has been raided by police, with the firm’s CEO placed in custody, homes, and offices searched, and assets frozen – with the trading platform accused of masterminding a large-scale, illegal multi-level marketing operation. Police succeeded in obtaining court and prosecution service orders that have allowed them to search…
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Bram Cohen, Founder of Chia. Source: A video screenshot, Youtube/Roger Royse Law Ahead of their mainnet launch, Chia Network, the developer of blockchain and "smart transaction" platform, was in discussions with investors to secure additional financing, according to a note to investors, seen by Cryptonews.com. "We have opened discussions with existing and new sources to…
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Happy crypto May everybody! Welcome to another month that’s starting off green, but to see how we got here, we need to go back and take a look at what happened in the month before. April was by no means an unsuccessful month (price appreciation-wise) for either the top 10 coins by market capitalization, or…
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Young South Korean crypto enthusiasts are reportedly increasingly shunning YouTube – once their favorite resource for crypto investment advice and token-related talk – in favor of TikTok-based crypto content-makers. Per Chosun, Generation Z investors are increasingly looking to broaden their horizons – sinking their wages from part-time jobs into crypto and stock Read more »Pay,…
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Brad Garlinghouse. Source: a video screenshot, Youtube, Bloomberg Technology As American blockchain company Ripple’s woes with the US Securities and Exchange Commission (SEC) continue, the company’s executives have appeared in a string of interviews with major broadcasters to flag what they describe as a ‘perplexing’ case of being singled out by the regulator. The execs…
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Source: iStock/D-Keine A South Korean man aged in his twenties has committed suicide – and police claim that a crypto investment gone wrong likely drove him to take his own life. Police in Gangneung, Gangwon Province, said the man was found dead in the area on the afternoon of April 24. No suicide note was…
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Source: Twitter/@GoldinAuctions In what is called one of the largest "hard asset" transactions to be paid entirely in cryptocurrency, an unknown buyer purchased an autographed Tom Brady football card for about USD 1.68m worth of litecoin (LTC) at an auction hosted by Goldin Auctions. The auction house says this marks the most expensive item to…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Investments news The Japanese financial giant and long-time Ripple partner SBI has alleged that Ripple co-founder Chris Larsen is eyeing a Coinbase-style stock market listing – and is already looking beyond its current…
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