In a groundbreaking case that highlights the darker side of the cryptocurrency market, a South Korean court has sentenced a professional golfer and a former cryptocurrency exchange executive to prison for their roles in an elaborate altcoin price manipulation scheme. This case underscores the increasing scrutiny of crypto markets and the legal consequences for those exploiting them. The Scheme: A …
Latest News
December, 2024
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28 December
Japan and Russia Say ‘No’ to National Bitcoin Reserves – For Now
As the global interest in cryptocurrency continues to grow, speculation around countries adopting Bitcoin as part of their national reserves has gained traction. However, Japan and Russia have made it clear that such a move is not on their agenda—at least for now. Here’s a closer look at their stance and what it means for the crypto landscape. Japan’s Perspective: …
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28 December
Ethereum Drops to $3,000? Why It Might Be the Perfect ‘Buy the Dip’ Moment
Ethereum, the world’s second-largest cryptocurrency by market capitalization, is facing a potential dip to the $3,000 mark. While this price movement may raise concerns among some investors, others see it as a prime opportunity to buy the dip and strengthen their portfolios. Let’s explore the key factors driving Ethereum’s price and whether this dip could be a golden opportunity. What’s …
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28 December
“Fake Zoom Links Scam Crypto Users: Multi-Million Dollar Heist Exposed by SlowMist
Cybersecurity firm SlowMist has uncovered a sophisticated phishing scam targeting crypto users via fake Zoom meeting links. This scheme has reportedly led to the theft of millions of dollars in cryptocurrency, serving as a stark reminder of the ever-evolving threats in the digital space. The Scam Unveiled The attackers lure victims with fraudulent Zoom links, often disguised as invitations to …
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27 December
South Korea Hits Back: Sanctions North Korean Individuals and Entity Over Crypto Heists
In a major escalation in the ongoing battle against cybercrime and cryptocurrency theft, South Korea has imposed stringent sanctions on North Korean individuals and entities linked to the notorious crypto heists that have plagued the global digital asset ecosystem. The sanctions come in response to allegations that these groups have been involved in large-scale cyberattacks and hacking operations targeting cryptocurrency …
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27 December
Floki to Launch FLOKI Token ETP on Switzerland’s SIX Exchange in 2025 – A Game-Changer for Crypto
In an exciting development for both the cryptocurrency and traditional financial markets, Floki Inu, the popular meme coin and cryptocurrency ecosystem, is set to launch its FLOKI Token Exchange-Traded Product (ETP) on Switzerland’s SIX Swiss Exchange in early 2025. This bold move is poised to bring the FLOKI token into the world of traditional investment products, offering investors a new …
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27 December
Crypto Community Unites for 4-Year-Old Mira: Solana Meme Coin Skyrockets to $80M in Hours
In an unexpected twist of the cryptocurrency world, a Solana-based meme coin has seen an extraordinary surge in value, skyrocketing to an impressive $80 million in just a matter of hours. The sudden spike has nothing to do with market speculation or an influencer’s endorsement. Instead, it’s all about a little girl named Mira, whose story has captured the hearts …
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27 December
MOODENG Soars 82% After Vitalik Buterin’s Charity Donation Sparks Surge
In an unexpected turn of events, MOODENG, a relatively lesser-known cryptocurrency, has seen its price surge by an astonishing 82% following a charity donation made by Vitalik Buterin, the co-founder of Ethereum. This significant spike in value has left investors and crypto enthusiasts curious about the connection between Buterin’s donation and the sharp rise in MOODENG’s price. Here’s how this …
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27 December
Crypto Scams Fuel Surge in French Financial Fraud: Losses Hit €500M Annually, Warns AMF
Crypto scams are becoming a significant threat to the financial security of individuals across the globe, and France is no exception. According to the Autorité des Marchés Financiers (AMF), the French financial regulator, crypto-related fraud has contributed to a staggering €500 million in annual financial losses for French investors. The rise in these scams has raised serious concerns among authorities, …
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27 December
FTX Executive Ryan Salame Receives One-Year Sentence Reduction: What It Means
In a surprising turn of events, Ryan Salame, a former executive at the collapsed cryptocurrency exchange FTX, has been granted a one-year reduction in his sentence. This development has drawn significant attention in the wake of FTX’s dramatic downfall, raising questions about the implications of such a decision in the larger context of the crypto industry and its ongoing legal …