A South Korean court docket has sentenced Jong-hwan Lee, CEO of an area crypto asset administration agency, to a few years in jail for manipulating cryptocurrency costs to safe illicit earnings. The Seoul Southern District Court dominated on Wednesday that Lee violated the Virtual Asset User Protection Act, incomes roughly 7.1 billion Korean received (which…
Stani Kulechov, founding father of decentralized finance protocol Aave, has bought a five-story Victorian mansion in London for round £22 million (value roughly $30 million). This is without doubt one of the metropolis’s priciest residential offers over the previous 12 months, in line with Bloomberg. Kulechov’s London Buy The property is situated within the upscale…
Tether’s USDT stablecoin reached a market capitalization of $187.3 billion in This autumn 2025, which marked the eighth consecutive quarter of including greater than 30 million customers regardless of broader crypto market challenges. Total estimated USDT customers elevated by 35.2 million through the quarter. This pushed the cumulative consumer base to 534.5 million, a determine…
Although it was created over half a decade in the past, the controversial Pi Network undertaking and its native token formally launched just below a yr in the past. Since then, the Core Team has deployed quite a few updates, it has dabbled with AI, tried to enhance a few of its sluggish techniques, however…
Strategy, the world’s largest company Bitcoin holder, reported proudly owning 713,502 BTC, value roughly $59.75 billion as of February 1st. The firm’s complete price foundation for these holdings is $54.26 billion, which interprets to a mean price of $76,052 per bitcoin. With Bitcoin dropping to nearly $60,000, nicely beneath Strategy’s common buy worth, the agency’s…
Arthur Hayes, maybe finest identified for his management at BitMEX years in the past, has made a number of high-value transfers for quite a few altcoins, largely from the DeFi house, which caught the eye of monitoring sources comparable to Lookonchain. Given his historical past of offloading comparable tokens in occasions of market uncertainty, the…
Cardano’s native token is as soon as once more below heavy strain, alongside a lot of the market. However, whereas BTC and most different alts crashed to their lowest ranges for the reason that US presidential elections in late 2024, ADA went even additional, dropping to $0.222 (on Bitstamp and different exchanges) for the primary…
The reasonably calm conduct throughout the weekend has labored in favor of bitcoin, no less than for now, as the asset has steadily climbed above $70,000 after the rejection on Saturday morning. Most larger-cap altcoins are additionally within the inexperienced, with ETH buying and selling above $2,100 and SOL near $90. HYPE is among the…
Although most cryptocurrencies tumbled exhausting previously few weeks, XRP grew to become the worst performer in the course of the Thursday crash, dropping to only over $1.10 for the primary time in effectively over a 12 months. This meant that the asset had shed greater than 50% of its worth in only a month because…
A majority of press releases revealed throughout crypto information websites originate from high-risk or outright fraudulent initiatives. In a brand new report, crypto communications agency Chainstory analyzed 2,893 crypto press releases revealed between June 16 and November 1, 2025, and located that roughly 62% have been issued by initiatives categorised as both High Risk or…