In a recent development, Jeffrey Wilcke, the co-founder of Ethereum, has made a significant deposit of 4,300 ETH to a cryptocurrency exchange, injecting renewed interest and excitement into the market. This deposit amounts to 22,000 ETH, valued at approximately $41.1 million at the time. It is worth noting that this deposit comes after a considerable
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South Korean prosecutors have hit a roadblock in their attempts to shut down kimchi premium crypto traders, with 14 suspects being cleared of any wrongdoing. The officials had accused 16 individuals of illegally remitting $3.2 billion worth of assets, including cryptocurrency, fiat currency, and goods. However, the Seoul Central District Court acquitted 14 of the
The PEPE meme coin has faced challenges in recent months, failing to fully capitalize on the ongoing bull run in the market. However, there seems to be a glimmer of hope as the token shows signs of recovery. In the past week, its value has experienced a significant increase, catching the attention of both investors
Crypto analyst Adam Back has recently shared his optimistic prediction that Bitcoin (BTC) could potentially reach the $100,000 price mark before the eagerly awaited halving event in April. This projection comes as Bitcoin continues its recovery from a rather bearish January. In the past week alone, BTC’s price has gained 11.02%, moving into the $47,000
Bitcoin (BTC) has made significant gains in the past 24 hours, climbing by 4.04% to briefly exceed the $48,000 mark, according to data from CoinMarketCap. However, the cryptocurrency now lingers around the $47,100 mark, leaving investors and market experts speculative about its future trajectory. Notably, renowned analyst Ali Martinez predicts a major dip in Bitcoin’s
The New York Attorney General’s Office (NYAG) recently escalated its fraud claims against Digital Currency Group (DCG) and affiliated parties. The lawsuit, originally alleging over $1 billion in losses, has been amended to include an additional $2 billion in losses, bringing the total to $3 billion. Allegedly, more than 230,000 investors have been affected by
In a recent development, a former official from the Securities and Exchange Commission (SEC), John Reed Stark, has criticized the NBA’s decision to approve a partnership between cryptocurrency exchange Voyager Digital and the Dallas Mavericks. Stark argues that the NBA should be held accountable for any misconduct related to cryptocurrencies by NBA teams. This allegation
In a joint effort, Hong Kong’s Securities and Futures Commission (SFC) and local law enforcement have issued a public warning against an entity masquerading as a legitimate crypto exchange called MEXC Global. The scammers are exploiting unsuspecting victims by posing as a virtual asset trading platform (VATP) and enticing them into what appears to be
Treasury Secretary Janet Yellen has voiced her concern over the need for stricter regulatory measures for cryptocurrencies and artificial intelligence (AI) in the financial sector. In her recent testimony before the Senate Banking, Housing, and Urban Affairs Committee, Yellen emphasized the increasing complexity and potential risks associated with digital assets and the growing reliance on
As Bitcoin closes in on the $48,000 mark and ignites a widespread rally in the cryptocurrency market, investors seeking higher risk have begun exploring the markets of smaller-cap altcoins in search of the best crypto to buy today. While Bitcoin continues its upward trajectory, other cryptocurrencies have also shown promise. In this article, we will