ACE Fraud Scheme

Taiwanese Crypto Exchange ACE Founder, Employees Arrested Over Fraud Allegations

Taiwan’s leading crypto exchange ACE and its masterminds have been accused of making false claims around speculative token listings to defraud investors. The local city police on...

8 months ago

Renowned crypto lawyer John Deaton has volunteered to testify at a congressional hearing on cryptocurrencies scheduled for January 10.

Vocal XRP Advocate John Deaton Volunteers to Testify at Crypto Hearing

On Thursday, Deaton took to X (formerly Twitter), expressing his willingness to represent the interests of several individual token holders. He offered to testify, at the hearing by th...

8 months ago

Staking TIA on native platforms is yielding between 15% to 17%, minus fees, to users, boosting demand for the cryptocurrency.

Celestia’s TIA Token Pops 22% as Staking, ‘Modular’ Narrative Gains Favor

Celestia’s TIA token gained over 22% in the past 24 hours, bucking the muted broader market trend, as investor interest in staking TIA gained momentum alongside rising hype for the blockch...

8 months ago

As per SlowMist’s latest research report, Ethereum experienced the highest losses, amounting to $487 million, followed by Polygon.

Ethereum suffered highest losses due to rug pulls and hacks, data shows

According to the SlowMist report, a total of 464 security incidents resulted in losses totaling almost $2.5 billion in 2023. The figure marks a 34.2% decrease in losses compared to 2022, wh...

8 months ago

Against the falling Bitcoin (BTC) exchange rate, the daily liquidation volume on the crypto market approached $700 million.

Traders liquidate almost $700m amid Bitcoin’s precipitous decline

Traders liquidated $698 million worth of positions in the last 24 hours, according to Coinglass data. The majority came from BTC, $11.1 million, with the vast majority coming from shor...

8 months ago

Saylor previously said the move would allow him to address his “personal obligations” and, of course, buy more Bitcoin.

Michael Saylor begins selling $216M in MicroStrategy stocks for more Bitcoin

MicroStrategy executive chairman Michael Saylor has begun a four-month process of selling $216 million worth of his shares in his firm MicroStrategy, previously stating part of it would be used ...

8 months ago

CleanSpark, the third-largest public Bitcoin mining firm in the U.S., is set to establish its own trading desk in 2024, aiming to optimize the profitability of its substantial Bitcoin assets.

Bitcoin mining firm CleanSpark to launch in-house crypto trading

In an interview with Bloomberg, Zachary Bradford, the CEO of CleanSpark, expressed the strategic decision to manage their Bitcoin transactions internally. Given their considerable Bitcoin h...

8 months ago

GainBitcoin Collected Hundreds of Thousands Bitcoins

Another Man Arrested in India’s Multi-Billion GainBitcoin Ponzi Scam as Investigation Intensifies

India’s probe agency, the Directorate of Enforcement (ED), has arrested Nitin Gaur, the brother-in-law of Ajay Bhardwaj, in connection with the multi-billion-dollar GainBitcoin Ponzi scam....

8 months ago

Radiant Capital Reports Exploit of $4.5 Million Ethereum Loss

Radiant Capital has confirmed a security breach in its network, leading to the theft of Ethereum valued at approximately $4.5 million. According to the blockchain security co...

8 months ago

Jamie Dimon's bank agreed to play a key role with BlackRock's proposed bitcoin ETF, just weeks after he told U.S. senators: "I've always been deeply opposed to crypto, bitcoin, etc."

JPMorgan CEO's Bitcoin Bashing Is a 'Do as I Say, Not as I Do' Situation

JPMorgan Chase CEO Jamie Dimon has dumped on cryptocurrencies for years. "I've always been deeply opposed to crypto, bitcoin, etc.," he said during a U.S. Senat...

8 months ago