Author: NBTC
Bithumb CEO, Celebrity Golfer Sentenced for Altcoin Bribery Scam: Court Unveils $2M Fraud Case Altcoin Price Rigging: South Korean Court Jails Bithumb CEO and Golfer Ahn Sung-hyun A South Korean court has sentenced a celebrity golfer and the former CEO of Bithumb, a major crypto exchange, to prison for their roles in a bribery and market manipulation scheme. Lee Sang-jun, the former CEO of Bithumb, was sentenced to two years in prison, while Ahn Sung-hyun, a well-known golfer married to actress Song Yu-ri, received a four-and-a-half-year sentence. Altcoin Price Manipulation and Bribes The trial, held on December 26, revealed surprising…
Multi-chain launchpad for Web3 projects, Spores Network announces a new collaboration with the decentralized all-in-one trading platform Salt TradingApp. This partnership is here to redefine blockchain trading by integrating the power of both platforms, as well as providing users with improved experiences and connecting GameFi, Metaverse, and DEX. 🔔 𝐏𝐀𝐑𝐓𝐍𝐄𝐑𝐒𝐇𝐈𝐏 𝐀𝐍𝐍𝐎𝐔𝐍𝐂𝐄𝐌𝐄𝐍𝐓: 𝐒𝐏𝐎𝐑𝐄𝐒 𝐱 𝐒𝐀𝐋𝐓 🔔🎉 We are excited to announce our collaboration with Salt!⚡️ 𝐀𝐛𝐨𝐮𝐭 𝐒𝐚𝐥𝐭:@Salt_TradingApp is a decentralized, all-in-one trading platform designed to make trading across blockchain… pic.twitter.com/QZPDLrJ7rH — Spores Network (@Spores_Network) December 27, 2024 This cooperation is one of the latest examples of the increasing use of blockchain…
This is a segment from the Empire newsletter. To read full editions, subscribe. We’ve written about some pretty bullish calls on Empire (some of which you’ll find below). Why not keep that trend going? So far this year, crypto venture capital looked a lot like a roller coaster. Third-quarter activity was slightly down, PitchBook’s Robert Le told me, but that could be associated with the summer lull. “There was a lot of momentum and positive sentiment at the beginning of the year, and then … around the summer time … there was a slowdown in investments. And I think the…
Funds continue to pour into the crypto market as the bull run progresses, as demonstrated by significant growth in the total value locked (TVL) across leading blockchains. Over the past seven days, Ethereum stood out with a remarkable $7.79 billion increase in TVL. This surge reinforces Ethereum’s decentralized finance (DeFi) dominance, with its ecosystem continuing to attract investors and developers. Tron followed with a $900.23 million increase in TVL, driven by recent significant changes in TRX’s price performance. Solana also experienced notable growth, adding $618.4 million in TVL. Comparing TVL Trends Across Blockchains The latest data reveals contrasting trends across…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. While the United States is often seen as a leader in both financial and technological advancement, it has clearly struggled in recent years to establish clear (and consistent) crypto regulation frameworks. You might also like: Can global regulation keep up with the tokenization boom? | Opinion This lack of clarity has allowed other countries, particularly in the Middle East and Asia, to take the lead. High-growth economies in these regions are creating frameworks tailored to digital assets,…
Megalink, the premier Web3 AAA gaming platform, is delighted to announce a collaboration with Chiliz, a Layer-1 decentralized blockchain ecosystem supported by CHZ. This partnership will help revolutionize the gaming industry by injecting blockchain solutions, NFTs, and digital assets into conventional gaming platforms. 🤝Megalink X @Chiliz 🤝We are excited to announce a partnership between Megalink, a Web3 AAA gaming platform, and Chiliz, a Layer-1, open, public, permissionless, decentralized blockchain infrastructure powered by the Chiliz Token.Chiliz has been pioneering the Web3 sports… pic.twitter.com/35TAicm5AQ — MEGALINK (@MegalinkMG8) December 27, 2024 Chiliz has been at the forefront of utilising Web3 within the sphere…
Boring technology usually wins. It might seem outrageous to put Bitcoin and boring in the same sentence, but when those obsessed with innovation assess it purely within the world of digital assets, it is the more robust, stable, and secure option, i.e. it’s boring. Innovation hungry individuals and businesses have a blind spot. They believe that bigger, faster, and stronger equates to better, however, in the realm of infrastructure, boring is beautiful. Slow by Design It’s easy to forget that Bitcoin’s “limitation”, or features that are often called limitations by enthusiasts of rival blockchain technologies, were actually carefully and deliberately…
Ethereum (ETH) is set to witness a parabolic rally in 2025 with a surge in ETF inflows, heightened user sentiment, and notable outflows from centralized exchanges. Several crypto analysts stated that the flagship altcoin could rally between $15,000 and $25,000 in the coming months amid increasing demand. Despite its recent demand, the price has not achieved its momentum. However, crypto watchers believe there is a momentum build-up that would reflect at an appropriate time. Data from SosoValue show that spot ETH ETFs experienced significant demand in the past few days. As of December 2024, the spot ETH ETF recorded a…
Rumble, a platform championing free speech, has partnered with cryptocurrency leader Tether in a $775 million deal. This partnership aims to challenge Big Tech’s dominance, redefine content distribution, and empower creators with decentralized tools. This collaboration brings together two disruptors in media and finance, promising significant advancements in infrastructure, global reach, and creator empowerment. The companies will create a strong alternative to centralized systems, offering decentralized solutions to businesses and individuals. Rumble and Tether will change the game of content distribution https://t.co/FmFyQMxJvk — Paolo Ardoino 🤖🍐 (@paoloardoino) December 27, 2024 Rumble’s Ecosystem Expands Rumble, founded in 2013, provides a hub…
Mysterious Shiba Inu lead developer, Shytoshi Kusama, addresses the community’s misconceptions regarding the role of token burn in SHIB’s success. Kusama issued the statement in response to Shiba Inu enthusiasts who emphasized that burns are crucial to driving SHIB’s demand. Community Reacts as 1 Cent Dream Burns 250M SHIB For context, the exchange started after the 1 Cent Dream’s official X handle announced its second Shiba Inu burn campaign, featuring the incineration of 250 million SHIB. 250M $SHIB burned 🔥Thank you everyone, who participated and supported us!Unfortunately @shibburn didn’t posted that burn on #X ,but here is transaction hash 0x9e9345d407f808621993d771791883013518c650288ecf9e688aa81b8d698f7cBorn…