South Korean police have apprehended 215 individuals tied to a large-scale cryptocurrency investment scam, responsible for defrauding over 15,000 people and causing losses of 325.6 billion won ($232 million). The investigation, led by the Gyeonggi Southern Provincial Police Agency’s Anti-Corruption and Economic Crime Unit, revealed the scam ran from December
London-based fintech firm Revolut announced Wednesday that it is expanding its cryptocurrency platform, Revolut X, to serve users across 30 new markets in Europe. Targeted at experienced traders, the platform is set to provide access to a wide selection of digital assets, along with tools for real-time analysis and market
President-elect Donald Trump announced Tuesday that Elon Musk and Vivek Ramaswamy will co-lead the new Department of Government Efficiency (DOGE). Trump selected Musk, the CEO of Tesla and SpaceX. Along with Ramaswamy, a former Republican presidential candidate, to head an effort focused on dismantling bureaucracy, slashing regulations, and reducing waste
The crypto community has gone haphazard with excitement as Bitcoin has continued its rally to the dream high of $88,000. The overall cryptocurrency market cap is also inching closer to the $3 trillion mark. According to recent reports, BTC’s market cap has surpassed that of silver on a global level.
FTX has filed a lawsuit against Binance and its former CEO, Changpeng Zhao, in a bid to recover nearly $1.8 billion. The lawsuit, filed on November 10, alleges that Binance and Zhao received these funds as part of a fraudulent share repurchase deal in July 2021. This move marks another
Several altcoins are rallying in price movements over the past week. After Bitcoin claimed new All time highs thrice in the last few days, the cryptocurrency market has proceeded onto a full bullish trend. Almost every cryptocurrency has hit new trading levels rising from its previous slumps or retracing to
Dogecoin (DOGE), the leading cryptocurrency in the memecoin sector, has made impressive gains over the past 24 hours, surging by 25% amidst strong market momentum. With Bitcoin climbing above $81,000, investors and analysts are dubbing November “Moonvember” as the market greed index reaches a high of 79. Dogecoin’s trading volume
After months of patience, the crypto community is finally witnessing good tides hitting its sails. With the crypto-positive US elections results, the sector has been highly optimized into a bull run, with currencies reaching new trading levels. Meanwhile, the regulatory landscape has also spurred action, as the community speculates on
Bitcoin (BTC) reached an all-time high today, surging to $77,000. Currently trading around $76,683, BTC has seen a 0.96% increase over the past day, with a trading volume of approximately $51.33 billion. This brings its market capitalization to $1.52 trillion, holding a market cap ratio of 3.38%. The latest rally
Ethereum co-founder Vitalik Buterin is expanding the views of prediction markets in his latest article, “From Prediction Markets to Info Finance.” In it, he explores how these markets can be more than just tools for betting—they can transform how we gather and trust information. From prediction markets to info finance:https://t.co/Os5I1vocNn
