The company admitted to conspiring with CEO Zhengming Pan in paying $1.9 million in bribes to secure a resort license. In a settlement with US authorities, BIT Mining agreed to pay $10 million in penalties related to bribery allegations involving Japanese government officials to secure a resort license. The company,...
US Charges 5 for Multi-Million Crypto Hacking Operation
The suspects, aged 20 to 25, face up to 20 years in prison for crypto theft and identity fraud following a two-year phishing spree. Federal prosecutors in the United States have filed charges against five individuals accused of carrying out a complex phishing and hacking operation that targeted employees of...
Mythical Games and Fifa Team Up to Bring New Football Arcade Game ‘Fifa Rivals’ to Mobile Users Worldwide
[PRESS RELEASE – Zurich, Switzerland, November 22nd, 2024] FIFA and next-generation gaming technology studio Mythical Games today announced a collaboration to launch FIFA Rivals – a groundbreaking, officially licensed, football mobile video game. Scheduled for release on mobile on iOS and Android, FIFA Rivals will focus on exciting arcade gameplay...
$500M in Liquidations as Bitcoin Dumps Below $96K, Ripple Down 10% Daily
XRP has lost the most value from the larger-cap alts. After several days of charting new peaks and coming less than $200 away from $100,000, bitcoin’s price has taken a breather and has dropped by over four grand since Friday’s high. Several of the high-flying altcoins on Saturday have reversed...
Shaquille O’Neal Agrees to $11M Settlement Over NFT Lawsuit
Shaq promoted Astrals NFTs as “DJ Diesel” and shared viral memes to attract investors, court documents reveal. Shaquille O’Neal has agreed to pay $11 million to settle a class action lawsuit brought by holders of the Astrals NFT collection. The settlement, submitted as an unopposed proposal on Monday in a...
Layer-1 Assets Rally as Market Anticipates Trump’s Pro-Crypto Administration: CryptoQuant
The native cryptocurrencies of Ripple, Cardano, Solana, and The Open Network rallied by double digits as expectations of a favorable crypto environment rose. The promise of a pro-crypto regulatory environment led by the incoming administration of the United States President Donald Trump has triggered a positive effect among cryptocurrencies, with...
Why Peter Schiff Is Wrong About Bitcoin and Inflation (Opinion)
Euro Pac's Peter Schiff asserted Wednesday that inflows to BTC and cryptocurrency will cause inflation. But the truth is BTC economies incentivize holding and decrease the velocity of money. The world’s leading cryptographic currency is trading over 40% higher than its average price on the eve of the November 5th...
Ethereum Killers Are Rallying: Is Ether (ETH) $4K Still in the Cards?
Riding both Bitcoin and Donald Trump’s coattails, several Ethereum competitors are shining bright in November. Is Ether still a good investment in cryptocurrency? Several base-layer blockchain cryptocurrencies that compete with Ethereum—because they are optimized for smart contracts and open-source currency issuance—rallied further up their price charts than ETH during the...
XLM Rally Continues With 485% Monthly Surge, BTC Cools Off to $98K (Weekend Watch)
XLM is by far the top performer from the larger-cap alts. Bitcoin’s inability to overcome the coveted $100,000 milestone on Friday and Saturday has resulted in a minor price decline to around $98,000 as of now. Several altcoins, such as XRP and DOGE, have plummeted as well in the past...
Weekly ETF Recap: All Green Days for Bitcoin, But Not for Ethereum
The week marked a significant difference between investors' views of BTC and ETH. The US-based spot Bitcoin ETFs enjoyed a highly positive week, with every trading day ending with net inflows of millions and even billions of dollars. In stark contrast, the Ethereum counterparties ended the same five-day trading period...
