Exchange CEO Jailed for Espionage

South Korean CEO sentenced for leaking military secrets to North Korea via crypto. Lazarus Group has been linked to major global crypto hacks, including WazirX, Upbit, and others. North Korea’s crypto heists have stolen over $3 billion, funding its economy. A South Korean crypto exchange CEO is headed to prison for four years after being … Read more

Tether CEO Hints At Expanding US Presence Amid Regulatory Uncertainty

Tether CEO Paolo Ardoino has indicated that the company may consider increasing its presence in the US. However, Tether remains cautious as it monitors the evolving regulatory environment. Speaking to Bloomberg TV on 16 January 2025, Ardoino emphasized the importance of clarity before making any significant moves. “I cannot exclude Tether moving a bit more … Read more

CoinGecko Has Presented Seven Key Takeaways From 2024

Cryptocurrency Market Capitalization The total market capitalization of digital assets in 2024 increased by 97.7%, peaking at $3.91 trillion in mid-December. The figure then consolidated around $3.4 trillion. In the fourth quarter, the capitalization grew by 45.7% ($1.07 trillion). The average trading volume for the last three months of the year was $200.7 billion, which … Read more

Users Circumvent Sony’s Soneium Controversial Block on Meme Coins

Soneium, Sony’s Ethereum Layer 2 platform, attempted to block meme coins as part of its official policy to curb unauthorized intellectual property usage. Nonetheless, users found a way to circumvent these measures, demonstrating the strength of decentralized platforms. Meme Coin Blocking Attempts on Soneium Get Foiled by Crypto-Savvy Users Soneium, Sony Group’s Ethereum L2 platform, … Read more

Gary Gensler “never called” Bitcoin and Ethereum securities

Journalist Jennifer Schonberger noted that this status has even become the subject of legal disputes during the approval process for spot cryptocurrency ETFs. She also asked if Gensler had hoped for a different outcome regarding the applications. “I and my predecessor [Jay Clayton] never spoke about Bitcoin as a security, nor about Ethereum,” responded the … Read more