CFTC fines EmpiresX founders $130M in crypto fraud case
A US court fined the Brazilian founders of EmpiresX over $130 million for operating a fraudulent crypto scheme that misled investors.
A US court fined the Brazilian founders of EmpiresX over $130 million for operating a fraudulent crypto scheme that misled investors.
Conor Grogram, head of product business operations at Coinbase has unearthed evidence that suggests Satoshi may have used Cavirtex, an early Canadian bitcoin exchange that was initially purchased by New York-based Coinsetter in 2015 before being subsequently acquired by Kraken in 2016. Grogram used on-chain analysis to determine that a Satoshi wallet that starts with … Read more
The crypto market experienced a sharp sell-off in the past 24 hours, erasing over $2.29 billion in liquidation, a drop surpassing both the COVID crash and the FTX collapse. Many assets, including the pioneer memecoin Dogecoin (DOGE), tumbled 10-30% amid the widespread liquidation. As portfolios take a hit, investors are now shifting focus to Doge … Read more
Early backers are showing strong confidence that Lightchain AI will deliver massive returns in 2025. As a pioneering project that merges blockchain with artificial intelligence, Lightchain AI is attracting investors looking for the next big opportunity. Presently in its presale stage at a valuation of $0.005625 per token, the initiative has amassed $14 million, reflecting … Read more
South Korean exchanges Upbit and Bithumb will add Berachain to its listings on Feb. 6, in time for the upcoming launch of Berachain mainnet. Two South Korean crypto exchanges announced that they will start providing trading support for new layer1 blockchain Berachain’s upcoming token, BERA. Trading support on both exchanges will start simultaneously on Feb. … Read more
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As market volatility shakes crypto, Solana regains strength while 1Fuel rises as a breakthrough DeFi contender. As US tariffs shake global markets, the cryptocurrency sector is facing waves of volatility. But where some see … Read more
Onchain data reveals how a group of alleged insiders raked in profits after selling $10.2 million worth of the Venice token immediately after it launched. Venice Insiders Accused of Dumping Over $10M Worth of Tokens Amir Ormu, an onchain analyst with crypto marketing firm Castle Labs revealed that insiders at crypto artificial intelligence (AI) startup … Read more
The Bank of England is expected to trim the benchmark rate by 25 basis points. Softer UK inflation figures are overshadowed by concerns about slowing growth. GBP/USD could resume its bearish trend if policymakers deliver dovish clues. The Bank of England (BoE) will announce its decision on monetary policy on Thursday after completing the first … Read more
European Central Bank (ECB) executive board member Piero Cipollone said on Thursday, “rate cuts are coherent with declining inflation picture.” Additional quotes Inflation is almost reaching the target. Economic fundamentals not significantly different from December projections. No recession seen, soft landing is still the main scenario. US tariffs on China could force Beijing to dump … Read more
Retail Bitcoin activity in APAC has outpaced the U.S. and Europe, driven by non-institutional participation, according to Gemini and Glassnode. The Asia-Pacific region retail traders are making moves in Bitcoin (BTC) while the U.S. lags behind. When excluding exchange-traded funds and exchange flows, retail activity in Asia is growing faster than in the U.S. and … Read more