Carl Erik Rinsch, the director of “47 Ronin,” was arrested on March 18 in West Hollywood, California, after being indicted for wire fraud and money laundering. Prosecutors allege that he misused $11 million from a major streaming service, meant for his science fiction television series “White Horse,” on crypto trading. The $11M Fraud According to […]
In the fourth quarter of 2024, the total NFT sales volume across Immutable X and Immutable zkEVM increased by 55.3% quarter-over-quarter. Messari’s latest analysis revealed that the figure rose from $51.2 million to $79.5 million. Market Participation Plummets Despite this growth, both the average daily sellers and buyers declined significantly, with daily sellers dropping 43.0% […]
The past week or so has gone without any major fireworks in either direction, unlike the events from the previous one, and BTC remains stuck at around $84,000. However, the cryptocurrency doesn’t tend to stay steady for long, so this could be simply the calm before the storm. Whale Activity Warning As we have explained […]
A South Korean man who attacked a crypto executive with a weapon during a courtroom trial could be sentenced to 10 years in prison. Prosecutors have sought this sentence for the individual, identified as Mr. Kang, who was charged with attempted murder and disrupting courtroom proceedings after stabbing Mr. Lee Hyung-soo, the CEO of Haru […]
Woes of insider trading, some technical warnings for XRP’s price, amid a number of other interesting developments for Ripple – news that you can’t miss. Was there XRP insider trading prior to CEO announement of SEC victory? According to a recent research by Santiment, large XRP wallets inccreased their holdings by around 6.5% in the […]
TL;DR Although both ADA and XRP are down on a weekly scale, their performance could reverse in the short term, as suggested by a popular metric that has flashed a buy signal. Interestingly, the projects behind both assets have been linked in the past and are expected to announce a joint venture soon. The metric […]
TL;DR Ever since its official launch roughly a month ago, the PI token has gone through a volatile ride but the past week or so has been extremely painful. The project announced an important partnership in the past 24 hours – can it stop the substantial correction that pushed its price below $1? Recall that […]
TL;DR The XRP army got the news it was waiting for earlier this week, as company CEO Brad Garlinghouse triumphantly announced the closure of Ripple’s legal case against the SEC. With such a big burden behind it, how high can XRP go? Here’s what ChatGPT had to say. How High (XRP)? The native token of […]
South Korean financial authorities are considering imposing sanctions on several crypto exchanges that have failed to comply with local regulations. According to a report from local media Korea Economic Daily, the crypto exchanges include BitMEX, KuCoin, CoinW, Bitunix, and KCEX. S. Korea to Sanction Crypto Exchanges The Financial Intelligence Unit (FIU) of South Korea’s Financial […]
South Korean prosecutors have launched an investigation into Bithumb over allegations that company funds were misused to purchase an apartment for its former CEO. The Seoul Southern District Prosecutors’ Office conducted a search and seizure operation on March 20 at the company’s headquarters in Yeoksam-dong, Seoul. The Alleged Purchase According to local media reports, Bithumb […]