South Korean regulators and government ministries are divided over whether the country should create a strategic Bitcoin reserves, a senior lawmaker has claimed. Per the South Korean media outlet News Who Plus, the Democratic Party MP Ahn Do-geol claimed that “every government agency has a different position on virtual asset reserves.” South Korean Strategic Bitcoin…
Carl Erik Rinsch, the director of “47 Ronin,” was arrested on March 18 in West Hollywood, California, after being indicted for wire fraud and money laundering. Prosecutors allege that he misused $11 million from a major streaming service, meant for his science fiction television series “White Horse,” on crypto trading. The $11M Fraud According to…
New research has confirmed the accuracy of the blockchain-based prediction platform Polymarket. According to the data collated and analyzed, the project is at least 90% accurate. Alex McCullough, a data scientist based in New York, conducted the research and outlined the results in a dashboard on the market analytics platform Dune. The dashboard tracks Polymarket’s…
The memecoin craze that started off two years ago on the Solana blockchain appeared to be organic. However, since then, the blockchain has drawn high-profile individuals, including U.S. President Donald Trump and his wife, Melania Trump, as well as Argentina President Javier Milei. These high-profile individuals have fuelled rapid growth of memecoins on Solana. This…
The Open House Group, a prominent Tokyo Stock Exchange-listed real estate firm, has expanded its crypto payment options to include XRP, SOL, and DOGE. This addition brings the total number of accepted digital currencies on the company’s platform to five, complementing the previously supported Bitcoin (BTC) and Ethereum (ETH). As Japan’s fifth-largest real estate company…
In the fourth quarter, Helium’s native token, HNT, saw a 20% quarter-over-quarter (QoQ) decline in circulating market capitalization, falling from $1.3 billion to $1.0 billion. The token’s price dropped by 22%, decreasing from $7.54 to $5.88. Despite the market downturn, the Helium network continued expanding. Growth in Hotspot Adoption According to Messari’s report, Helium Mobile…
Pakistan is pressing ahead with its crypto-friendly policies and plans to entice crypto mining operations and blockchain data centers to its shores. At the newly formed Pakistan Crypto Council’s (PCC) first meeting on Friday, members discussed channeling the country’s surplus energy to mine Bitcoin and other Proof-of-Work coins. PCC CEO Bilal Bin Saqib presented the…
TL;DR The controversial token linked to the US president, which saw the light of day just ahead of his inauguration, has gone through some Sunday volatility after Trump’s latest interaction. The asset rose by double-digits but then started to retrace minutes later, in what could be another volatile end of a weekend due to Trump.…
Something heavy was brewing over St. Patrick’s Day in altcoin exchange markets. Among the top 10 altcoins by market cap, the 2nd biggest money maker for the 7 days ending Mar. 20 was LINK (with +10%). But Toncoin’s name-checked out this week. TON rallied a massive +37%. Toncoin (TON) is the native currency for the…
TL;DR Binance traders hopping on the XRP bandwagon have been highly bullish with their positions lately, perhaps driven by the conclusion of Ripple’s legal case against the SEC. However, is too much positive sentiment around a volatile cryptocurrency necessary good news for it? Popular crypto analyst Ali Martinez outlined earlier today the substantial change in…