Six suspected OTC crypto scammers were arrested in Incheon, South Korea, police in the city confirmed on February 20. Per Newsis, officers said the suspects were all aged between 20 and 39. Police think they stole $747,000 in cash as part of a bogus over-the-counter (OTC) trade. OTC Crypto Thefts on the Rise in South...
Former Celsius Network’s CEO Alex Mashinsky has waived any potential conflicts of interest that may arise from choosing similar legal representation as Sam Bankman-Fried. In a Feb 20 court hearing, Mashinsky told a United States Federal Judge his decision to be represented by Marc Mukasey and Torrey Young, Bloomberg reported. Former Celsius CEO Alex Mashinsky...
The Japanese blockchain gaming community has reached out to the Liberal Democratic Party (LDP) in an effort to enhance liquidity in Japan’s crypto asset market. Ryo Matsubara, director of Oasys, a GameFi blockchain, represented Japanese blockchain gaming projects during a visit to the LDP’s digital society promotion headquarters on February 21 to discuss the current...
Source: MidjourneyGemini founders Cameron and Tyler Winklevoss have sent $4.9 million to crypto super political action committee (PAC), federal filings reveal. According to the Federal Election Commission filings, Fairshake, a crypto super PAC has raised millions of funds from key crypto players and venture capitalists including a16z, Coinbase, Ripple Labs, among others. In January, the...
Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In today’s crypto news: Why is crypto down today? Investor Capital Moving Out On the Risk Curve Defendant Was ‘Used’ and Had ‘No Idea’ She Was Part of Crypto Fraud Hack VC Closes Oversubscribed...
According to Bloomberg, Ethereum has recorded higher growth than Bitcoin this year, thanks to speculations regarding a possible spot Ethereum ETF. The Bloomberg report, the leading altcoin has recorded positive traction year-to-date (YTD) with speculations on the next wave of exchange-traded funds. The Ether token is outshining Bitcoin this year partly on speculation that the...
The crypto industry is lobbying CongressUS crypto advocacy group, the Chamber of Digital Commerce (CDC), is opposing Senator Elizabeth Warren’s anti money-laundering (AML) DAAMLA legislation, claiming she is “trying to kill the entire industry,” according to a tweet yesterday on X. Digital assets have been under attack from politicians for years, but never like this....
Turkey Crypto Regulation Source: Adobe / HusamexTurkey’s legislators met with digital asset stakeholders in a consultative meeting to discuss incoming crypto regulations on Tuesday. Omer Ileri, the deputy chairman of the ruling party who oversees the Information and Communications Technologies disclosed the meeting with the team of crypto experts. In a post on X (formerly...
Image by Brian Yue, MidjourneyThe approval of spot Bitcoin exchange-traded funds in the United States has led to a rise in Australian interest in Bitcoin according to a February 21 survey. Australian-based crypto exchange Independent Reserve’s survey revealed that Bitcoin sentiment in Australia experienced a 25% boost after spot Bitcoin ETFs received approval from the...
Image by Jimmy Aki, MidjourneyOn February 21, popular Bitcoin maximalist Fred Krueger issued a warning about the world’s first-ever smart contract network, Ethereum. In a post on X (formerly Twitter), Krueger stated that Ethereum is rapidly losing its essence with growing competition in decentralized finance (DeFi). Ethereum Is An Overvalued Shiba Inu According to the...