Crypto news

Days after Binance introduced its pre-listing token selection pool, Binance Alpha, it launched 29 tokens with mixed performances. Data shared by crypto analysts Sankin shows that out of the listed cryptocurrencies, 17 have seen their values increase while 12 experienced declines. Small-Cap Tokens Lead the Pack In a December 23 post on X, Sankin noted a trend where smaller market-cap assets generally performed better than their larger counterparts. Those with fully diluted...

Beverly Hills men Gabriel Hay and Gavin Mayo face charges for defrauding investors out of $22 million in crypto scam. A Beverly Hills man and another individual have been charged for allegedly defrauding investors out of over $22 million in cryptocurrency. Gabriel Hay, 23, from Beverly Hills, and Gavin Mayo, 23, of Thousand Oaks, face multiple charges. Such charges include conspiracy to commit wire fraud, actual wire fraud and stalking charges. The indictment was unsealed on Friday according...

The growing speculation surrounding a potential presidential pardon for Sam Bankman-Fried (SBF) has been fueled by high-profile figures and shifting political tides. A major Trump ally, Elon Musk, for one, will be “shocked” if US President Joe Biden does not grant an early pardon to the disgraced former CEO of FTX. Crypto, Politics, and Pardons Bankman-Fried, who was convicted in November 2023 on seven charges, including fraud and embezzlement, is currently serving a 25-year...

Coinbase report highlights stablecoins’ growth, predicting $3 trillion market cap, driving faster, cheaper global payments beyond trading. Coinbase recently released its crypto market outlook for 2025, highlighting five key areas. First, stablecoins have become a major force in the crypto world. Their market capitalization increased by 48% in 2024 to $193 billion. According to experts, this number could reach $3 trillion by the end of the next five years. This trend will continue as more...

San Jose, Costa Rica, December 23rd, 2024, Chainwire Winna.com, a crypto-focused casino gaming platform launched in the summer of 2024, has successfully raised $15 million in a seed funding round, as first reported by Crunchbase. The investment will support Winna.com in enhancing its product offerings and accelerating its growth. The platform already boasts a thriving community of over 10,000 active players, signaling strong early traction in the competitive online gambling space....

Key metrics on Ethereum are painting a bullish outlook for the network’s native cryptocurrency, ether (ETH), despite its sluggish momentum over the past weeks. The asset has struggled to match bitcoin’s (BTC) momentum following the conclusion of the United States presidential election, but on-chain metrics indicate a bullish trend in the near term. According to an analysis by the pseudonymous CryptoQuant official EgyHash, factors like Ethereum’s funding rates and Estimated...

[PRESS RELEASE – Sofia, Bulgaria, December 23rd, 2024] AdEx, the leading blockchain-based ad-tech platform, unveils AdEx AURA, a cutting-edge AI-powered onchain activity analyzer designed to enhance Web3 experiences. By analyzing publicly available data from Ethereum and Layer 2 blockchains, AURA delivers personalized insights that benefit users and business developers alike. AdEx AURA leverages advanced AI models to process user blockchain activity, such as transaction...

Mohammed Azharuddin Chhipa, 35, from Springfield, Virginia, was convicted on December 13, 2024, for providing material support to the Islamic State of Iraq and al-Sham (ISIS), which has been designated a terrorist organization by the United Nations and others. The charges stemmed from his actions between October 2019 and October 2022, during which he raised funds to assist female ISIS members in Syria. Guilty of Financing ISIS Operations In an official press release, the...

Kim Nam-guk, a former South Korean lawmaker from the Democratic Party, is under legal scrutiny for allegedly concealing substantial cryptocurrency holdings in his 2021 and 2022 asset declarations. He is accused of omitting millions in crypto profits and transferring assets to bank accounts. Hidden Crypto Profits A local news outlet, Donga, prosecutors have requested a six-month prison sentence for Kim, claiming he concealed 9.9 billion won, worth approximately $6.8 million,...

The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned two individuals and one entity involved in a network laundering millions of dollars in illicit funds for North Korea. Lu Huaying and Zhang Jian, based in the United Arab Emirates (UAE), used a UAE-based front company to facilitate money laundering and cryptocurrency conversion, funneling the proceeds back to Pyongyang. OFAC Imposes Sanctions In its official press release on December...