Ethereum (ETH)

Byun Young-oh, CEO of the South Korean technology firm Wacon, has been arrested for his alleged role in a massive Ethereum-based scam. The scheme defrauded over 500 investors, totaling around $366 million. Byun, along with an alleged accomplice named Yeom, face serious fraud charges. Currently, both are in custody and will be tried by the Fifth Criminal Division of the Seoul Central District Prosecutor’s Office. Based on the iNews24 report on 12 August 2024, the scam was associated with...

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Ethereum has seen the greatest advantage from the recent market downturn as investors appeared to have viewed the price weakness as a buying opportunity. In fact, data suggests that Ethereum has managed to attract $155 million in inflows over the past week. According to CoinShares, the latest round of inflows boosted its year-to-date total inflows to $862 million, the highest since 2021, primarily fueled by the recent introduction of US spot-based ETFs. Inflows Rebound...

A CryptoQuant analyst says Ether (ETH) could experience a rally soon, as shown by metrics in the cryptocurrency’s futures market. According to a post by the analyst, Shayan, ETH has just witnessed a significant liquidation event, and historically, such occurrences are often followed by price rallies as markets stabilize and spot buying pressure dominates. ETH Could Rebound Soon Earlier this month, ETH price took a downward trajectory, causing the crypto asset to lose almost...

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Ripple began testing its new stablecoin on Thursday, the Ripple USD (RLUSD), on the XRP Ledger and Ethereum mainnets. RLUSD is presently in its beta stage, accessible only to Ripple’s enterprise customers. That means the token is not for public use and is not yet trading on exchanges or usable on DeFi protocols. In a blog last Thursday, Ripple announced, “Ripple USD is currently in its beta phase and is being rigorously tested by our enterprise partners. This phase is crucial for ensuring...

Why have I been blocked? This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.

Why have I been blocked? This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.