Browsing tag

Crypto

Haru Invest Executives Arrested in $826 Million Crypto Embezzlement Case

South Korean prosecutors have detained three Haru Invest executives for allegedly embezzling $826 million worth of cryptocurrencies from 16,000 users, highlighting regulatory scrutiny over crypto lending practices. South Korea prosecutors have detained three executives from the cryptocurrency yield platform Haru Invest, including its two co-CEOs, on serious charges of embezzlement. They are accused of misappropriating […]

Optimism and Aptos Holders Take Notice of NuggetRush’s Promising Presale Figures

TLDR The recent market-wide correction has taken a chunk of Optimism’s (OP) December gains. Aptos (APT) has announced partnerships with high-quality data providers. NuggetRush (NUGX) could dominate the play-to-earn market with the launch of its mining game. Optimism (OP) has lost bullish momentum in 2024 following the recent market downturn. Aptos (APT) aims to get […]

KPMG: Fintech Funding Fades in 2023

The global fintech market experienced its most challenging year since 2017, with investments dropping to $113.7 billion. Singapore’s AI fintech sector saw a 77% increase in funding. The latest edition of the KPMG Pulse of Fintech report highlights a challenging year for the global fintech market in 2023, with investment levels and deal activities experiencing […]

Ex-Terraform Labs CFO Extradited to South Korea in Crypto Fraud Case

Han Chang-joon, former Terraform Labs CFO, has been extradited to South Korea for charges of financial fraud in the crypto industry, marking a significant international effort to combat digital asset fraud. As a result of his arrest in March 2023 for trying to travel with falsified papers, Han Chang-joon, who had previously served as the […]

Astar Network announces mainnet launch for its Polygon-powered zkEVM

Astar zkEVM mainnet is set to go live this month. A launch campaign dubbed “Yoki Origins” will commence immediately after the zkEVM mainnet Astar Network, a multi-chain smart contracts and Web3 infrastructure platform, has announced the mainnet launch of Astar zkEVM, a new Layer 2 scaling solution for Ethereum. Astar zKEVM is a zero-knowledge Ethereum […]

SatoshiVM Dumps Millions, Sending Price into Freefall; $GFOX ICO Tipped as Best of 2024

Navigating the volatile crypto landscape requires strategic skills and a keen eye for emerging opportunities. Here we examine the calculated maneuvers of a trader exploiting SatoshiVM’s token launch and the promising ascent of Galaxy Fox‘s best upcoming ICO, heralded as the standout investment prospect of 2024.  Banana Gun’s Tactical Triumph The trader initiated their foray into […]