Crypto Exchange Kucoin and Founders Charged With Bank Secrecy Act and Money Laundering Violations

Crypto Exchange Kucoin and Founders Charged With Bank Secrecy Act and Money Laundering ViolationsThe Southern District of New York has announced charges against the global cryptocurrency exchange Kucoin and its founders for major violations of U.S. anti-money laundering laws. Kucoin Faces Legal Firestorm for Alleged Anti-Money Laundering Failures Damian Williams, the United States Attorney for the Southern District of New York, detailed the charges against Kucoin, accusing the […]

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Whale Makes $1.6 Million Profit In Less Than An Hour With $PUMP Trading

Following the opening of trading for $PUMP, analytics platform Lookonchain revealed an impressive feat by a whale in the cryptocurrency market. In a span of less than one hour, this whale managed to generate a staggering profit of $1.6 million by strategically trading $PUMP tokens. The sequence of transactions began with the whale initiating a buy order, spending a gas fee of 0.24 $BNB (equivalent to $138) to acquire 375.4 billion $PUMP tokens at a cost of 6,000 $BNB (approximately $3.48 million).  After $PUMP opened trading, a whale made 2,759 $BNB($1.6M) on $PUMP in less than 1 hour! He spent

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TokenFi Surges To All-Time High As DWF Labs Deposits Tokens

TokenFi, a leading project in the Real World Assets (RWA) sector, has experienced remarkable growth in recent days. Its token price soared by 203% over the past week and 43% in the last 24 hours as it reaches an unprecedented high of $0.1950. Market maker DWF LABS expressed praise for the TokenFi team on social media platform X, coinciding with a significant token deposit to centralized exchanges (CEX). Congratulations to our portfolio companies @tokenfi, @ClearpoolFin and @DuskFoundation leading the charge in the RWA sector! 🎉 We’re proud to be part of this journey to support the success of our portfolio

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Detained Binance Executive Escapes Custody in Nigeria, Government to Request Interpol Assistance

A senior executive at Binance, who was detained by Nigerian authorities in late February, has since escaped from custody. The executive Nadeem Anjarwalla is believed to have left the country using a Kenyan passport. The Nigerian government confirmed Anjarwalla’s escape and said it would ask Interpol to issue an international arrest warrant. Binance Executive Departs […]

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Telegram Banned in Spain for Not Cooperating in Unauthorized Content Probe

Telegram Banned in Spain for Not Cooperating in Unauthorized Content ProbeTelegram, the messaging powerhouse, has been banned in Spain on a case investigating the hosting of unauthorized content owned by media companies in Spain. The Audiencia Nacional (National Court), one of the highest courts in Spain, has authorized this ban until Telegram cooperates by sending the required info to the court. Audiencia Nacional Bans Telegram […]

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Massive Bitcoin Shift: $6B Moved as 5th Largest BTC Wallet Reactivates After Years of Dormancy

Massive Bitcoin Shift: $6B Moved as 5th Largest BTC Wallet Reactivates After Years of DormancyThis week, blockchain observers noticed that the “37X” wallet, once holding the title of the fifth-largest bitcoin wallet, was activated for the first time since 2019. This significant move involved the transfer of 94,504.03 bitcoin into three distinct addresses. One of these recipient wallets has now risen to become the sixth-largest bitcoin holder, showcasing a […]

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Bitcoin Technical Analysis: Bulls Regain Strength and Rise Toward Upper Resistance Levels 

Bitcoin Technical Analysis: Bulls Regain Strength and Rise Toward Upper Resistance Levels Bitcoin’s price trajectory on March 25, 2024, showcases bullish momentum, coasting along at ranges between $66,934 to $67,087 per unit. The day’s trading ranged from $64,568 to $67,672, indicating a volatile yet upward trend. Bitcoin A close examination of bitcoin’s (BTC) oscillators suggests a predominantly neutral to bullish sentiment among traders. The relative strength index […]

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Latam Insights: Chile to Keep Advancing CBDC Tests, Argentina Debuts VASP Registry

Latam Insights: Chile to Keep Advancing CBDC Tests, Argentina Debuts VASP RegistryWelcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: the Central Bank of Chile will keep experimenting with CBDC, Argentina’s VASPs will have to register to provide services in the country, and Argentines are warming up to bitcoin as an investment instrument. […]

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Do Kwon Out of Jail, Under House Arrest Pending Extradition Decision

Do Kwon Out of Jail, Under House Arrest Pending Extradition DecisionMultiple sources have reported that Do Kwon, the ex-chief executive officer of Terraform Labs, was set free from jail on Saturday while the high court in Montenegro decides on two separate extradition requests submitted by South Korea and the United States. Terraform Labs’ Former CEO Do Kwon Freed According to various sources, Do Kwon has […]

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Heco Bridge Hacker Moves $137 Million in Stolen ETH to Tornado Cash

Heco Bridge Hacker Moves $137 Million in Stolen ETH to Tornado CashIn a recent development observed by onchain alerts, the entity responsible for exploiting the Heco bridge and siphoning off millions in ethereum late in November 2023 from the conduit bridge connecting Ethereum and the Heco blockchain, transferred 40,391.8 ether to the mixing platform Tornado Cash. Heco Bridge Exploiter Transfers Millions Worth of Ether to Tornado […]

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