Yang Bin, the former second-richest man in China, has been sentenced to six years in a Singapore prison for operating a multi-million-dollar Ponzi scheme disguised as a crypto investment operation. The 61-year-old Chinese-Dutch national, pleaded guilty to eight charges that ranged from conspiring to engaged in a fraudulent scheme, operating without a valid work permit,…
Lawrence Jengar Aug 26, 2024 19:14 Gala Music celebrates the first anniversary of ‘Voir Dire’ by Earl Sweatshirt and The Alchemist, an innovative NFT album that continues to captivate fans. Gala Music is celebrating the first anniversary of the groundbreaking album Voir Dire by rapper Earl Sweatshirt…
A widely followed crypto analyst is mapping out the path he believes Ethereum (ETH) is most likely to take for the rest of 2024. In a new video update, crypto strategist Benjamin Cowen tells his 808,000 YouTube subscribers that if ETH were to spark a rally, it would not surpass the $3,000 price level based…
Rebeca Moen Aug 26, 2024 03:15 Binance introduces a Word of the Day (WOTD) game focused on ETH ETFs, offering users a chance to earn Binance Points and trading fee discounts. Binance, a leading cryptocurrency exchange, has announced a new educational initiative called the Word of the…
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue: El Salvador will offer bitcoin certification for public servants, Mercado Libre launches an in-house developed dollar-pegged stablecoin, and Paraguay keeps seizing illegal bitcoin mining operations. El Salvador to Educate 80,000 Public Servants on…
Solana reclaimed the $160 level over the weekend to see SOL bulls reach the highest level since August 9. As a whale doubles down on SOL, what’s the outlook for Bitcoin Dogs? Bitcoin recovered from a slight setback to trade above $64,000 on August 25, with this coming as the market reacted to news of…
Rebeca Moen Aug 25, 2024 07:06 Arkham Intelligence has added support for Base, the Layer 2 chain developed by Coinbase, enhancing onchain activity monitoring. Arkham Intelligence has officially launched support for Base, the Layer 2 (L2) chain developed by Coinbase, according to arkhamintelligence.com. This integration allows users…
Electronics and entertainment titan Sony is developing a new Ethereum (ETH) layer-2 blockchain called “Soneium.” In a recent press release, Sony Group is announcing the development of Soneium as a means of further venturing into the world of web3. According to Sony, taking advantage of blockchain technology will give a more streamlined, secure and decentralized…
The Federal Court of Australia has ruled that Bit Trade Pty Ltd., operating crypto exchange Kraken in Australia, failed to meet regulatory obligations for its margin trading product. The product was offered without a required market determination, breaching the Corporations Act. ASIC emphasized the need for compliance in the crypto industry, aiming to ensure consumer…
Peter Zhang Aug 24, 2024 05:28 Tether aids the U.S. Department of Justice in seizing $5 million in USDT from a fraudulent scheme, reinforcing its commitment to combating illicit activities. Tether, the largest company in the digital asset industry, has taken a significant step in its ongoing…