US stock traders are exacting a big influence on Bitcoin (BTC) prices, a South Korean crypto researcher has claimed. Per the media outlet KyungHyang Games, the comments came from Kim Min-seung, the head of the Korbit Research Center at the Korbit crypto exchange. BTC prices versus the South Korean won over the past five days.…
Read more
Venezuelan prosecutors say they have arrested former Vice President Tareck El Aissami, the alleged “ringleader” of a “crypto plot” to embezzle money from state oil sales. El Aissami had been on the run from Venezuelan law enforcers for around a year after allegedly converting cash “into cryptocurrencies.” Prosecutors think El Aissami and other senior government…
Read more
Initially scheduled for May 1, the sentencing of Ryan Salame, former co-chief executive of FTX Digital Markets, has been deferred to May 28, 2024, in front of Judge Lewis Kaplan. Ryan Salame, Once FTX’s Co-Leader, Slated for May Sentencing Per the judicial records, Ryan Salame, once the co-chief executive at FTX Digital Markets, is slated…
Read more
In the dynamic realm of cryptocurrencies, BlockDAG is taking center stage, fueled by the excitement surrounding its second whitepaper release. This anticipation is driven by predictions of an ROI reaching 20,000x, bolstered by a formidable $15.5 million amassed during its presale. This achievement is a testament to BlockDAG’s potential and showcases its significant impact, which…
Read more
First Digital’s native stablecoin FDUSD, which has a market cap of over $3 billion, is now available on the third blockchain – Sui, after integrating Ethereum and BNB Chain. Vincent Chok, CEO of FDUSD told CoinDesk that the integration would boost the stablecoin’s usage among decentralized finance (DeFi) users. “Sui is an up-and-coming network and…
Read more
Artificial intelligence firm Sapien AI has raised $5 million in a seed funding round with participation from Primitive Ventures, Animoca Ventures, Ravikant Capital, and Yield Guild Games. In an announcement, the firm said the funding will be used to accelerate Sapien’s mission of providing scalable annotation services for training AI models through its gamified data…
Read more
The US Republican Senator Thom Tillis has called for a new regulatory framework for the crypto industry, which would “create the most hospitable environment for digital assets to thrive.” During the Senate Banking Committee meeting on Tuesday, Tillis stressed “light” regulation to help curb illicit crypto financing. His remarks came after Deputy Treasury Secretary Adewale…
Read more
South Korean regulators want to block traders from dumping stolen coins on the country’s crypto exchanges. The move follows news from earlier this month, when regulators in the nation said they wanted to stop trading platforms from listing hacked tokens. Per News1, the Financial Supervisory Service (FSS) and the Financial Services Commission (FSC) want to…
Read more
South Korean election results could hinge on the voting intentions of the country’s 6 million crypto traders, reports claimed April 9. The nation goes to the polls on April 10 to vote in legislative elections, with both major parties making crypto-related manifesto pledges. South Korean Election: Crypto a Key Battleground? Crypto policy has changed rapidly…
Read more
Recent market data highlights that spot bitcoin exchange-traded funds (ETFs) in the United States experienced a net outflow of $223.8 million on April 8, while Grayscale’s Bitcoin Trust (GBTC) saw a substantial outflow of $303 million. GBTC Continues to Face Steep Outflows As of yesterday, GBTC possessed 325,686.78 BTC, but as per Grayscale’s website, this…
Read more
