Thai police have detained several officers’ of their rank for demanding millions of baht from a Chinese man. The incident which occurred mid-October involved six Thai police officers and a man dressed as a policeman accomplice who allegedly stormed the house of Mr. Sai, a Chinese who lives in Samutprakarn ... Read more
As per the Q3-2024 financial statement of Tether Holdings Limited (BVI), the revenue report featured a net profit rate of $2.5 billion. The success has been independently audited by a global accounting firm BDO thus symbolising the stable financial position of USDT in a rapidly evolving market of digital finance. ... Read more
Aleksei Andriunin, a 26-year old Russian living in Portugal, stands accused of wire fraud and conspiracy in regard to manipulating cryptocurrencies. Andriunin, his firm Gotbit and two of its directors Fedor Kedrov and Qawi Jalili have been accused of manipulating trading volumes for their clients in cryptocurrency . This indictment ... Read more
Immutable has announced that it received a Wells notice from the U.S. Securities and Exchange Commission (SEC), indicating potential enforcement action. The SEC’s notice, which typically precedes a lawsuit, alleges that Immutable violated securities laws and made misrepresentations. Although the notice did not detail specific allegations, Immutable believes the claims ... Read more
A Mt. Gox wallet transferred 500 BTC, valued at roughly $35.04 million. This funds movement has drawn attention, as it is the latest in a series of transactions from the infamous wallet. Despite this recent transfer, the Mt. Gox wallet still holds a substantial balance of 44,905 BTC, valued at ... Read more
Dogecoin (DOGE), the beloved meme-based cryptocurrency, experienced a remarkable resurgence in October, gaining over 17% as investors anticipated a strong market close. This surge comes as DOGE displays signs of consolidation amid broader efforts within the cryptocurrency market to regain momentum. As November 2024 approaches, Dogecoin appears poised for another ... Read more
The Shiba Inu community is abuzz as Binance continues to burn millions of SHIB tokens. Data from Shibburn shows that the exchange transferred over 5 billion SHIB tokens to a dead wallet, effectively removing them from circulation. This latest burn act is a welcome development for SHIB holders, who have ... Read more
Bitcoin (BTC) has recently faced significant turbulence, experiencing a noticeable dip in its value. After reaching a peak of $72,000, BTC retraced to $69,000. Despite this setback, it continues to follow a bullish trajectory, with many in the crypto community remaining optimistic about its future. As of now, the price ... Read more
Cardano (ADA) is poised for a potential breakout, aiming for higher price levels as bullish market sentiment sweeps through the crypto sector. ADA has seen a promising rise of 4.77% over the past week, supported by a stable uptrend in the broader market. This surge coincides with Bitcoin’s recent climb, ... Read more
Ethereum (ETH) remains firmly in bullish territory, poised for a potential surge after a recent attempt to break its resistance level. Recently, ETH touched $2,700, a pivotal threshold for the digital asset. However, the cryptocurrency quickly retraced, unable to hold above this resistance, hinting at a brief cooling period. Despite ... Read more
