Crypto News Center

14-year-old Among Arrested Hong Kong Crypto Gang

By Mark Hunter 2 weeks agoMon Jul 29 2024 10:05:16 Reading Time: 2 minutes Hong Kong police have arrested four individuals, including a 14-year-old, for involvement in a $1.4 million crypto fraud syndicate The arrests have brought the total number of apprehended individuals for similar offenses to 14 since last October The syndicate has used fake banknotes in fake physical crypto exchanges to create the illusion of wealth Hong Kong...

Bitcoin Price Reclaims $60K: Is The Rally Resuming?

Bitcoin price gained pace for a move above $58,000 and $60,000. BTC is up over 10% and is signaling more upsides in the near term. Bitcoin started a decent increase above the $56,500 and $58,250 levels. The price is trading above $60,000 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at $60,000 on the hourly chart of the BTC/USD pair (data...

Top NFT Brand Pudgy Penguins to Release PENGU Token

Top NFT Brand Pudgy Penguins to Release PENGU Token Pudgy Penguins is among the most popular NFT collections, and its comic penguins have a big presence on X, YouTube and Instagram. Updated Dec 5, 2024, 3:04 p.m. UTC Published Dec 6, 2024, 2:00 a.m. UTC A heavyweight from the once-hot NFT era is now getting into the cryptocurrency issuance game. Pudgy Penguins launched three years ago as a set of...

Why These Altcoins Are Trending Today — November 22

Several altcoins are trending today for various reasons. CoinGecko data shows that all these cryptocurrencies share one thing in common: their prices have risen in the last 24 hours. This notable hike could be linked to broader market recovery. That said, the top three altcoins trending today are Mythos (MYTH), MAD (MAD), and Mode (MODE). Mythos (MYTH) Mythos tops the list of trending altcoins today, specifically due to its 45% ...

FTX Accuses Binance and Zhao in $1.8 Billion Lawsuit

You are here: Home / News / FTX Accuses Binance and Zhao in $1.8 Billion Lawsuit Key Insights: FTX files a lawsuit against Binance and its former CEO, claiming fraudulent actions that prompted a $1.8 billion loss. Binance refutes FTX’s allegations, emphasizing its commitment to market integrity and preparing a strong defense. The outcome of this lawsuit could set a significant precedent for legal standards in the cryptocurrency industry. FTX...

Russia proposes winter BTC mining ban until 2031

Homepage > News > Tech > Russia proposes winter BTC mining ban until 2031 Russia will prohibit block reward mining during the winter season each year until 2031 to address electricity shortages in over a dozen regions if new proposals from a government commission are implemented. The commission, led by Deputy Prime Minister Alexander Novak, was set up to find solutions to electricity shortages as the winter season sets in....

Russia Turns to Bitcoin for International Trade Amid Sanctions

Russian companies have started using Bitcoin and other digital currencies for cross-border payments following new laws enabling such transactions.   Finance Minister Anton Siluanov announced this on Wednesday on National Television.  Russia is Changing its Crypto Regulations According to Reuters reports, this shift comes as Western sanctions complicate trade with key partners like China and Turkey. International banks have become increasingly hesitant to process Russia-related transactions to avoid regulatory scrutiny. Putin’s...

SBI Announces Sale of Polygon and XRP Ledger NFTs

By Philip Maina 2 months agoMon Oct 14 2024 10:39:26 Reading Time: 2 minutes Japanese financial giant SBI Holdings has opened the sale of its Polygon NFTs Dubbed the “Crypto Canvas Collection,” the NFTs are created by SBI’s subsidiary SBI Digital Community Collecting Polygon NFTs unlocks additional collectibles on XRP Ledger Japanese financial heavyweight SBI Holdings has announced the sale of Poylgon NFTs that also give access to other collectibles...

‎Najran Cement, Arabian Cement record 52-week lows

Tadawul trading screen Shares of six Tadawul-listed firms, including Najran Cement Co. and Arabian Cement Co., in addition to units of Jadwa REIT Al Haramain Fund, hit their lowest levels in 52 weeks today, Aug. 8, data compiled by Argaam showed.  Stocks/ Units at 52-Week Lows Company/Fund Price (SAR)* Performance in 52 Weeks Thimar 36.65 (50%) Americana** 2.62 (37%) Najran Cement 8.20 (37%) Arabian Cement 24.94 (33%) Saudi Printing 12.36...

Trump Proposes Using Cryptocurrency to Eliminate $35T US National Debt

Trump has proposed Bitcoin as a tool for mitigating the US national debt, which is above US$35 trillion The former president warned that if the US does not get at the forefront of digital asset innovation, China and other countries will. Overall, Bitcoin is a key subject at the top brass of the political administration, with Democrats and Republicans promising to deliver innovation for the crypto industry. The United States...