South Korea’s financial regulator says it is taking steps to combat money laundering and other financial crimes involving virtual assets. Virtual Assets and Financial Crime The head of South Korea‘s financial services industry regulator recently vowed to crack down on those who use virtual assets for money laundering. Speaking at Anti-Money Laundering Day, Kim Byung-hwan, […]
Read MoreDay: December 3, 2024
Meme Coins in the Crosshairs: US Government Moves 54 Billion SHIB
On Tuesday, the U.S. government once again shifted some cryptocurrency holdings—this time, it was shiba inu (SHIB), the popular meme coin. Crypto Mystery: U.S. Marshals Service Wallet Hoards SHIB, ETH, and BUSD The government moved a staggering 54 billion SHIB on Dec. 3, a transfer flagged by Arkham Intelligence. Valued at $1.56 million based on […]
Read MoreAlex Mashinsky Pleads Guilty to Fraud in Celsius Collapse Scandal
Former Celsius CEO Alex Mashinsky pleaded guilty to commodities fraud and a fraudulent scheme to manipulate the price of Celsius’s native token, facing up to 20 years in prison. Arrested in 2023, Mashinsky was accused of defrauding customers by misrepresenting Celsius’s financial health to secure crypto deposits and sustain the platform’s services. Celsius, a crypto […]
Read MoreVirgin Voyages Introduces ‘Industry-First’ Bitcoin-Payment Option for Cruises
Virgin Voyages has unveiled its Annual Pass, a bold first in the cruising world that allows cryptocurrency payments, including bitcoin (BTC). This offering brings a fresh twist to travel payments and aligns with the company’s forward-thinking ethos. All Aboard! Virgin Voyages Accepts Bitcoin for Luxe $120K Annual Cruise Pass The Annual Pass opens the door […]
Read MoreGrowing World of XRP Meme Coins Could Shape the Next Crypto Trend
The XRP Ledger has become a hotbed for meme coin activity with thousands of tokens emerging, driven by XRP’s recent price surge. Meme Coins Are Flying on XRP The XRP ecosystem is currently witnessing a surge in meme coin activity, catalyzed by a significant rally in XRP’s price. XRP recently rose to become the third-largest […]
Read MoreWhale Awakens: $257M in Dormant Bitcoin Moves After 11-Year Hiatus
On Tuesday, with bitcoin hovering slightly above $95,000, a long-dormant wallet from 2013 stirred to life, transferring 2,700 BTC—an amount now valued at $257 million—after nearly 11 years of inactivity. Dormant Whale Stirs – 2,700 Bitcoin Moved The whale in question shifted a fortune of 2,700 bitcoins that had been untouched since December 2013. Originally […]
Read MoreTron Breezes Past All-Time High After 30% Jump, Justin Sun Says TRX Equals XRP
On December 3rd, the Tron network’s token, TRX, reached its highest price ever recorded. TRX Now Among Top Ten Digital Assets On Dec. 3, TRX, the native token of the Tron network, hit a new all-time high of just over $0.28 after surging approximately 33% in 24 hours. The surge boosted TRX’s market capitalization past […]
Read MoreBlackrock’s Bitcoin Fund Tops 500,000 BTC as US ETFs Draw $353M in Inflows
On Monday, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) attracted $353.67 million in inflows, with Blackrock’s IBIT taking the top spot. IBIT now boasts over 500,000 BTC, valued at $47.68 billion based on current exchange rates. Wall Street’s Bitcoin Bonanza: Blackrock Leads $353M ETF Influx The inflows to spot bitcoin ETFs and ether ETFs […]
Read MoreMartial Law Declared in South Korea Sparks Crypto Market Chaos
South Korea’s recent declaration of martial law has roiled global cryptocurrency markets, sending shockwaves through trading activity and triggering significant price volatility. South Korea’s Martial Law Sends Bitcoin Reeling, Stabilizes Near $95K President Yoon Suk Yeol unveiled the decision during a late-night televised announcement Tuesday, explaining that the move was aimed at addressing alleged anti-state […]
Read MoreAltcoins Soaring: XRP, Hedera Lead Top Gainers, Will Pepe Unchained Explode Next?
It’s been an eventful start to the week for crypto, with altcoins like XRP and Hedera extending their rallies from last week. Both coins have posted solid gains, cementing their momentum in an unpredictable market. Meanwhile, meme coins aren’t fading away – with Pepe Unchained hitting huge milestones in its presale. Could PEPU be the […]
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