Founder of crypto ‘Ponzi’ scheme’ IcomTech sentenced to 10 years in prison

Bitcoin has corrected 17% so far but could have much further to go. 545 Total views 10 Total shares Veteran trader and chart guru Peter Brandt has made a cheeky correlation between the current Bitcoin market correction and the prevalence of ‘laser eyes’ on Twitter.In a tweet on April 18, the technical analyst tied the…

Will former FTX CEO Sam Bankman-Fried be held accountable for his mismanagement of investor funds?After most of the entities tied to his cryptocurrency exchange became insolvent last week, blockchain analysts concluded the insolvencies came as a partial result of the exchange’s trading house, Alameda Research, burning through nearly $10 billion in cash that technically belonged…

Bitcoin (BTC) waited for cues at the Oct. 24 Wall Street open as expectations of a breakout ran high.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewHang Seng drops most since 2008Data from Cointelegraph Markets Pro and TradingView tracked a mundane trading day for BTC/USD after the pair hit weekly highs of $19,700 overnight.Despite what Michaël van…

The “evidence” of violations provided by the SEC points to Kwon’s involvement in misleading crypto investors by creating and marketing Terra and its in-house Terra (LUNA) tokens as securities. 251 Total views 2 Total shares The United States Securities and Exchange Commission (SEC) has refuted the jury’s conclusion regarding Terraform Labs’ alleged violations and has

Trading, financing and custody services are being pursued by the investment bank. 2847 Total views 19 Total shares Citigroup is reportedly considering offering crypto-related services to its customers in response to rising demand, specifically from asset managers and hedge funds.The financial services firm’s global head of foreign exchange, Itay Tuchman, told the Financial Times on…

An unknown wallet has accrued more than $3 billion worth of Bitcoin in the last three months, sparking a wave of theories about the potential owner. 1080 Total views 6 Total shares A mysterious Bitcoin wallet has surged up the ranks to become the third largest holder Bitcoin (BTC) in the world in just over…

The Chinese technology capital of Shenzhen issued a warning against illegal activities concerning cryptocurrencies.Local finance news outlet Eastmoney reported on Nov. 21 also that Shenzhen’s Leading Group for Remediation of Internet Finance Risks will investigate and collect evidence on illegal activities involving cryptocurrenciesThe crypto ban improved safety, says official bodyThe Leading Group warning states that,…

The comic book publishing giants want to maintain sole control of their intellectual property in the NFT space. 367 Total views 21 Total shares Marvel and DC seem to be breaking away from the established tradition of allowing creators and artists to sell original prints of published works due to their reported plans for entry…