Charles O. Parks III, who admitted to misusing $3.5 million worth of resources from two cloud computing providers to mine crypto, was sentenced to one year and one day in prison.
The Thai government is reportedly set to allow tourists to exchange crypto for Thai baht and make electronic payments through e-money service providers.
The South Korean government passed laws in 2021 allowing regulators to seize crypto from accused tax delinquents.
XRP price could drop by over 20% in the coming weeks due to multiple onchain indicators hinting at a local top formation.
Central bank stimulus in China and global investors’ response to recession fears will determine if altseason continues.
Crypto leverage surges 27% to $53.1 billion, its highest since early 2022. A recent Bitcoin dip triggered a massive $1 billion liquidation of long bets. Stress points are emerging in DeFi lending and key dollar markets. A ghost from bull markets past is haunting the cryptocurrency landscape: massive, unrestrained leverage. A speculative fever is once again gripping traders, pushing borrowing to levels not seen since the last cycle’s peak. But as a brutal billion-dollar liquidation event last Thursday proved, this […]
The Launchpad has transferred PUMP worth around $9.19M to OKX. The transaction sparked concerns about market confidence and bearish pressure. PUMP price plunged on the daily timeframe. Digital currencies traded in the red on Monday as Bitcoin and Ethereum dropped 2% and 3.20% after an early morning sell-off. Meanwhile, PUMP grabbed attention as its significant decline coincided with a massive token transfer by meme crypto generator Pump.fun. According to Lookonchain, the platform sent 2.5 billion tokens, worth approximately $9.19 million, […]
The current capital reserve requirements and rules make holding cryptocurrencies too costly for banks, limiting the sector’s growth.
Withdrawals and trading for Monero (XMR) on the Kraken exchange remain open, and deposits will resume once it is safe, the exchange said.
Gemini, the Winklevoss-founded crypto exchange and custodian, has filed to list on Nasdaq under ticker GEMI, revealing steepening losses ahead of its IPO.