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In a groundbreaking investigation, South Korean prosecutors have revealed a sophisticated scheme to manipulate the price of the Fusionist (ACE) cryptocurrency token. The case highlights the growing concerns over market manipulation in the rapidly evolving world of digital assets and underscores the challenges faced by regulators in maintaining fair and transparent markets. The investigation, led by South Korea’s Financial Crimes …

Galaxy Digital’s UK subsidiary has secured approval from the UK’s Financial Conduct Authority (FCA), paving the way for an expansion into crypto derivatives trading. The move marks a significant step for the firm’s European operations as it looks to capitalize on growing institutional demand for regulated digital asset products. What the FCA License Means The FCA registration allows Galaxy Digital’s …

A new report reveals that New York mayoral frontrunner Andrew Cuomo worked as a paid advisor to cryptocurrency exchange OKX while the company was under federal investigation. The revelation raises questions about Cuomo’s ties to the crypto industry and potential conflicts of interest as he campaigns for office. Cuomo’s Role with OKX According to sources, Cuomo was brought on as …

The Crypto Fear & Greed Index has dropped to 25, indicating a return to “Extreme Panic” as market sentiment sours. The sharp decline reflects growing uncertainty among investors, driven by recent volatility, regulatory pressures, and macroeconomic concerns. Why the Fear & Greed Index Matters The Fear & Greed Index measures market sentiment on a scale from 0 (Extreme Fear) to …

South Korea is considering allowing foreign investors to participate in its domestic cryptocurrency market, provided they comply with anti-money laundering (AML) regulations. The potential policy shift could open one of Asia’s most active crypto markets to international traders while maintaining strict oversight to prevent illicit financial activities. Regulatory Considerations The South Korean Financial Services Commission (FSC) is reviewing changes that …