OmegaPro co-founder arrested over $4B crypto scam

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision.Market data is provided by the HitBTC exchange.Crypto markets are welcoming a series of good news. The much-awaited…

A new study commissioned by the United Kingdom's Financial Conduct Authority found that the profile of cryptocurrency traders skews towards thrill-seeking, trading on gut “instinct.” 268 Total views 5 Total shares Cryptocurrency traders — according to the findings of a new study commissioned by the United Kingdom's Financial Conduct Authority — are a young and diverse bunch…

Australian comedian Jim Jefferies revealed he bought one Bitcoin for roughly $10K on the Robinhood trading app for a laugh. 321 Total views 7 Total shares Australian comedian Jim Jefferies has amassed a larger stack of Bitcoin than billionaire Elon Musk.In a June 30 episode of Jefferies’ podcast I Don’t Know About That, the comedian…

CoolBitX Founder Michael Ou believes regulators in Asia are leading the way when it comes to compliance with the Financial Action Task Force (FATF) travel rule, which is due to be implemented in June.The startup has developed a solution to the travel rule, called Sygna Bridge, which allows exchanges to communicate the identities of the…

Leading insurance broking and risk management firm Marsh has piloted a blockchain-based digital placement platform.Per a Sept. 24 press release, the Risk Exchange platform aims to ensure a more transparent and secure digital placement and enables users to receive real-time information and feedback on the placement and binding process.Insurance placement is the purchase of an…

Janet Yellen claimed many cryptocurrencies are used "mainly for illicit financing." 3409 Total views 14 Total shares Janet Yellen, a former leader at the Federal Reserve and Joe Biden's pick for Treasury Secretary, is still suspicious of crypto as a threat for illicit financing. In a virtual hearing of the U.S. Senate Finance Committee held today,…

South Korean technological holding SK Group has signed a Memorandum of Understanding (MoU) with ConsenSys for blockchain business cooperation, according to a SK Group official press release published today, Dec. 4.SK Holdings C&C is the information technology solutions arm of the SK Group, one of the the largest conglomerates in South Korea. The entity has…

Franklin Templeton executive Sandy Kaul said in a report that a pathway to reengineering the global financial markets can be seen for the first time. 110 Total views 8 Total shares Major financial firms like JPMorgan and the Hong Kong and Shanghai Banking Corporation (HSBC) have ramped up their blockchain-related activities heading into 2024, accelerating