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21-Year-Old Arrested for Multimillion-Dollar Crypto Fraud

The Australian Securities and Investments Commission (ASIC) has announced that a 21-year-old mother has been arrested following an investigation into an online syndicate accused of stealing and laundering millions of dollars worth of funds from superannuation and share-trading accounts through the use of cryptocurrency. ASIC alleges that the suspect, Jasmine Vella-Arpaci, comprised a key member of a criminal syndicate self-identified as ‘Team Awesome’. The group is accused of purchasing...

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Ethereum Price Analysis: ETH Surges To $200, Are The Bad Days Finally Over?

Ethereum has seen a notable 2.85% increase over the past 24 hours which brought its price up to $199. The cryptocurrency now marks a 9.5% surge over the past week which makes it the strongest one from the large-cap top 20 coins. This latest hike is largely a result of ETH recovering against Bitcoin as we continue to head to 0.002 BTC. Ethereum remains the second-largest cryptocurrency with a market cap of $21.41 billion.Looking at the ETH/USD 1-day chart:Since our previous ETH/USD analysis,...

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AOFEX to Strengthen the Protection of Investors’ Rights and Interests

According to a recent survey conducted in the UK, about 20% of rich young people (born between 1981 and 1996 with at least £25,000 in investable assets) hold BTC or other digital currency. The proportion of British holding digital assets, which accounts for about 3% total population, shows that the proportion of young people holding digital assets is much higher than the whole national average. If invest-able assets were raised from 25,000 to 75,000, the proportion of eligible young people...

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Retired Ice Hockey Star Suckers IT Pro Into $700,000 Bitcoin Fraud

Russia’s second most popular sport, ice hockey, has been stained by one of its former stars in a fraudulent cryptocurrency deal. According to Russian information agency TASS, ice hockey player Igor Musatov was arrested on Sunday over his alleged involvement in a Bitcoin fraud scheme in which the victim lost approximately $700,000. He has been detained for 30 days. How an IT pro fell for a Bitcoin fraud Per court documents, the victim of the $700,000 cryptocurrency fraud was identified as...

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Binance Invests Into Crypto-Data Website Mars Finance Pushing Its Valuation Past $200M

One of the world’s most popular cryptocurrency exchanges Binance has made its first strategic investment in China. The company has invested in Mars Finance, a news platform that focuses on the blockchain and cryptocurrency sector.As has been reported by Bloomberg, the investment is a part of Mars Finance’s funding round that valued the platform at about $200 million. According to the co-founder of Mars Finance Wu Jihan, investors in the round included Ceyuan Ventures and Matrixport, the...

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Binance Announces Completion of Band Protocol Lottery And Launches Three New BAND Pairs

Binance has announced the completion of the Band Protocol Lottery Draw which was first announced a week ago. The initial announcement revealed that the Band Protocol token sale will be hosted by Binance’s IEO platform, Binance Launchpad, as a way to support the startup. Binance also announced that the lottery will quickly follow the token sale and with an airdrop as well.Now, the announcement states that the Band Protocol lottery draw was completed with a 9.43% ratio of winning tickets and...

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Bitcoin Price Will Explode Past $250K by 2022, Says Tim Draper

For several years now, the Bitcoin price has been a subject of discussion in the global scene. As we published, some prominent commentators have suggested that Bitcoin will reach $1 million per token by the end of 2020. That may never happen unless there is a major collapse in the entire fiat world within the next three months.However, some of the analysts are sticking to their predictions, Tim Draper, one prominent venture capitalist, recently doubled down on his call that Bitcoin will reach...

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Forty 8: A new Bitcoin Show

Giacomo Zucco talks about Bitcoin maximalism, Bitcoin villains and superheroes as well as the history of money Some regard Giacomo Zucco as the most well rounded Bitcoiner that we have. Perhaps they are right. Find out for yourself in this first episode of the 48 show, where Giacomo Zucco talks about Bitcoin maximalism, Bitcoin villains and superheroes as well as the history...

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Bitcoin: A Swiss Bank for Everyone’s Pocket | Andreas Antonopoulos in Zürich

Bitcoin: A Swiss Bank for Everyone's Pocket In this talk, Andreas examines the morality of technology and the politics of fear, including former President Barack Obama’s infamous statement that broad adoption of strong encryption would be like having „a Swiss bank account your pocket.“ He argues that the same fear mongering is being used to target journalists and...

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Binance-Analyse: Altcoins vor Comeback?

Bitcoin hat seit Jahresbeginn rund 180 Prozent mehr Plus gemacht als die Altcoins. Bald könnten Ethereum oder Ripple aber wieder im Kurs steigen, so die Analysten von Binance: In cooperation with @Binance Trading, here is our latest overview of August's #cryptocurrency markets through an institutional lens. Amongst them, #Bitcoin dominance reached new highs, and altcoin volumes were near an all-time low. https://t.co/pNHAzYA7tJ — Binance Research (@BinanceResearch)...

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