Polymarket CEO Adam Coplan’s Soho apartment was searched by FBI agents on November 13, and some of his devices were confiscated. The New York Post reported that the authorities woke Coplan up, but they did not clearly explain the reason for the raid. The circumstances of the investigation evoked the ... Read more
Tether, a fast-growing player in the digital assets space, has announced the release of its Wallet Development Kit (WDK). This newly released open-source library for developers allows businesses to include trusted, flexible crypto wallets into their apps. WDK allows any developer or company to build its own autonomous wallet solutions ... Read more
Raymondip Bedi and Patrick Mavanga have been convicted of planning a fraudulent crypto investment scheme that swindled at least 65 people out of £1,541,799 (approximately $1.95 million. The UK’s Financial Conduct Authority (FCA) revealed that the duo tricked investors into investing in the fake cryptocurrency investment platforms between February 2017 ... Read more
The price of Bitcoin has gone beyond $75,000, a move that has brought cheer across the entire cryptocurrency industry. In the recent YouTube video, Crypto Rover explained that the inflows into this Spot Bitcoin ETF are the highest on record and have been instrumental in the current price rally. BlackRock, ... Read more
CoinShares’ most recent Fund Manager Survey shows that the sentiment towards Bitcoin has increased exponentially and the cryptocurrency is currently the new leader. Growing by 7% since July, Bitcoin is considered by almost twice as many respondents to hold the most favorable growth potential among other digital assets. This strong ... Read more
Global crypto ATM market which was worth $87.35 million in 2023 is expected to grow tremendously in the future years.s. This growth can be attributed to the increasing adoption of cryptocurrencies and the need for efficient transaction solutions which makes this market to hit $2.58 billion by 2032 at a ... Read more
The Financial Services Commission of South Korea has given approval for a pilot program related to the CBDC with seven of the country’s leading financial institutions. This program launched by the FSC on 6th of November aims to explore the practicality of CBDCs and deposit tokens in regular transaction and ... Read more
The market is in a state of anxiety when it comes to stocks, treasuries and crypto as the US is set to have one of the most contentious presidential elections in history. QCP Broadcast, a Telegram-based crypto insights service, recently published an analysis where it observed the resurgence of the ... 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
The crypto scams have become more complicated as seen in the recent interception of an international fraud ring that swindled a Thai woman of 21 million baht (around $620,000). The complex plan took place in Thailand, Myanmar, and Cambodia and targeted the victim with a fake cryptocurrency investment scheme, while ... Read more
