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Crypto Exchange Bitsonic Executives Reportedly Sentenced for $7.5M Theft
Bitsonic CEO Receives Seven-Year Sentence for $7.5 Mln Worth Scam
Key Takeaways In a significant turn of events, Jinwook Shin, the CEO of Bitsonic, once a prominent player in South Korea’s crypto scene, has been slapped with a seven-year prison sentence for his role in a fraudulent scheme. Bitsonic, which…
MicroStrategy Boosts BTC Holdings, Now Holds 190,000 BTC Worth $8.1 Billion
Key Takeaways In its recent earnings call for Q4 2023, MicroStrategy, a prominent enterprise software company known for holding a substantial amount of Bitcoin, shared some significant updates. The company announced that it had added 850 BTC to its holdings…
Ripple to Provide Additional Financial Information Amid SEC Lawsuit
Key takeaways: In a significant development in the ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC), a U.S. district judge has ruled in favor of the SEC’s motion, ordering Ripple to furnish additional information…
OKX Under Fire for Allegedly Accepting Fake IDs
Key Takeaways: OKX, a prominent cryptocurrency exchange, has found itself embroiled in controversy amid allegations that it may be allowing the use of counterfeit identification documents for its Know-Your-Customer (KYC) verification process. Reports indicate that a service known as OnlyFake…
JUP Crypto Price Prediction: Bounce back coming ?
Jupiter (JUP) is a decentralized exchange (DEX) token that runs on the Solana blockchain. It is one of the most advanced swap aggregation engines in the industry, offering a range of DeFi products and services. JUP was launched on 31…
Solana Network Experiences Downtime: Validators Working to Restore Service
South Korean Authorities Arrest Haru Invest Executives for Embezzlement Charges
B.C. Hydro’s Moratorium on Crypto Mining Deemed Reasonable by British Columbia Court
Key Takeaways In a recent legal battle, British Columbia’s provincial power utility, B.C. Hydro, emerged victorious as a provincial supreme court judge upheld its decision to impose a moratorium on new cryptocurrency mining projects. The ruling, announced on Monday, marked…