Finance & Crypto News Website
This week, significant amounts of Bitcoin were moved from Mt.Gox wallets as preparations for disbursement to creditors began. The news unsettled the crypto markets, causing Bitcoin’s price to drop below $68,000. Bitcoin A recent poll on the influence of crypto in the 2024 Presidential election revealed that nearly half of the voters plan to include … Read more
President Joe Biden’s bold decision to veto a congressional resolution targeting the SEC’s controversial Staff Accounting Bulletin 121 has caused a seismic shift in the financial realm. The aftermath of this move has ignited a fiery discussion on the fate of digital asset regulation and its potential repercussions for the world of finance. A Key … Read more
Binance Billionaire Behind Bars. Changpeng Zhao Checks into Lompoc Prison for Four-Month Sentence. The news has been officially announced by the powerhouse legal team at Latham and Watkins, as reported by CNBC. EljaBoom, a renowned blockchain guru and crypto connoisseur, also took to X to spread the word. Referring to Zhao as his “friend,” Boom … Read more
The Ministry of Justice has assembled a powerful task force to take down the rising tide of fraud and market manipulation in the world of cryptocurrency. In a bold move to protect its citizens and strengthen the integrity of the cryptocurrency industry, South Korea is taking decisive action. The Ministry of Justice has joined hands … Read more
Discoveries from a recent Ipsos survey, commissioned by the Federal Reserve, have shaken the world of cryptocurrency. With a staggering 11,400 individuals taking part, the “Economic Well-Being of U.S. Households in 2023” revealed that a mere 7% of Americans are currently involved in the world of digital currency. This jaw-dropping statistic directly contradicts Coinbase’s bold … Read more
Authorities have apprehended a group of cunning fraudsters who lured unsuspecting investors into their web of deceit. Through an enticing open chat room, they swindled a whopping $18.8 million from their victims by promising fast returns on unlisted coins. But their scheme didn’t stop there – they also posed as legitimate cryptocurrency experts, offering trading … Read more
The financial world is abuzz with the SEC’s unexpected green light for Ethereum ETFs, igniting a fierce race among global markets to establish their stance on digital assets. The news has sent shockwaves through the industry. Hong Kong eagerly opens its doors to these innovative financial instruments, injecting a fresh burst of energy into the … Read more
The U.S. Securities and Exchange Commission (SEC) has just given the green light for the first-ever Spot Bitcoin ETF on January 11th. And that’s not all – just four months later, they also approved an ETF for Ethereum. This major move showcases the SEC’s shifting attitude towards embracing digital currencies. But that’s not the only … Read more
Under the cover of the virtual world, a criminal empire known as “Incognito Market” thrived, selling illicit drugs to buyers on the dark web. But their reign of terror has come to an end, thanks to the relentless pursuit of American federal officers. The mastermind behind it all, 23-year-old Rui-Siang Lin, was finally apprehended at … Read more
Meet the notorious “TJ Stone,” also known as Thomas John Sfraga, as he made a shocking confession in a Brooklyn federal court on Thursday. The master of deceit and wire fraud finally admitted to his crimes, sending shockwaves through the courtroom. The U.S. Department of Justice has uncovered a shocking case of deceit and greed. … Read more