Blockchain
FTX Loaned Millions to Australian Influencer to Ward Off Potential Litigation, Bankruptcy Report Reveals
According to a bankruptcy report from FTX, the defunct cryptocurrency exchange loaned an Australian influencer slightly more than $13 million This loan was intended to assist him in repaying
Blockchain
Ripple Teams Up With Clear Junction for GBP and EUR Payouts
Ripple has partnered with Clear Junction, a global leader in cross-border payment solutions for regulated institutions, to enhance cross-border payments, enabling instant and secure GBP and EUR
Blockchain
Gold Rush Hits Seoul Streets: Gold Bars Now Sold in Vending Machines
Vending machines in Seoul, South Korea, are revolutionizing the traditional concept of buying gold by offering gold bars in various sizes Situated within convenience stores throughout the affluent
Blockchain
Indian Authority Busts Cryptocurrency Fraud Ring Targeting Foreign National
India’s Enforcement Directorate (ED) has cracked down on a cryptocurrency fraud ring targeting a foreign national The accused persuaded the victim to transfer $400,000 to a cryptocurrency
Blockchain
China Halts Gold Buying in May, Ending 18-Month Buying Spree
The People’s Bank of China (PBOC) paused its gold acquisitions in May, ending 18 months of continuous buying as spot gold prices hit record highs Despite this interruption, the value of
Blockchain
Standard Chartered Predicts Bitcoin to Hit $100K Pre-Election, $150K if Trump Wins
Standard Chartered expects bitcoin to climb to $100,000 as the US presidential election approaches and potentially reach $150,000 if former US President Donald Trump wins The bank’s head of
Blockchain
Ripple CEO Expects SEC to Approve Spot XRP ETF Next Year
Ripple CEO Brad Garlinghouse believes that the US Securities and Exchange Commission (SEC) will approve spot XRP ETFs next year, reiterating that they are inevitable The executive discussed
Blockchain
Bitmex Founder Arthur Hayes Advises to ‘Go Long on Bitcoin’ as G7 Central Banks May Slash Rates
Arthur Hayes, the founder and former CEO of Bitmex, recently shared his insights on the future of global financial markets in a blog post Hayes delves into the impact of central bank policies on the
Blockchain
Allegations of ‘Rug Pull’ Arise After Gemholic Team Withdraws $3.5M in Previously Locked ETH
On June 7, the team behind the Zksync project Gemholic withdrew 921 previously locked ethereum tokens in a suspected rug-pulling incident The Gemholic team executed the theft despite reportedly
Blockchain
Blackrock’s IBIT Leads as US Spot Bitcoin ETFs Enjoy 19th Day of Inflows
US spot bitcoin exchange-traded funds (ETFs) marked their 19th straight day of inflows on Friday, gathering $13099 million Blackrock’s IBIT was once again at the forefront, with net inflows
Blockchain
Roaring Kitty Livestream Draws 700,000 Viewers Despite Gamestop’s Plunge
On Friday, the prominent investor Keith Gill, known by his online alias “Roaring Kitty,” conducted a livestream, arriving 25 minutes late and covered in bandages Gamestop shares tumbled 3938% on
Blockchain
Rising NFT Sales Highlight Market Recovery: $133M in Weekly Sales Recorded
During the week of June 1-8, 2024, non-fungible token (NFT) sales experienced an increase compared to the previous week NFT sales reached $13319 million, a rise of 751% NFT Market Gains 751% This