In a recent development, Marco Ochoa, the former CEO of IcomTech, has pleaded guilty to a conspiracy to commit wire fraud charge in the United States District Court for the Southern District of New York. This admission of guilt is tied to the infamous Ponzi scheme orchestrated by IcomTech during Ochoa’s tenure as CEO, which […]
How to Choose the Best Crypto Trading Platform Like Immediate Connect
Cryptocurrency trading involves many risks and the best way to minimize some of them is by joining a reputable platform. Choose a trusted site that is in a position to protect all your transactions.Many traders especially new ones, usually find it hard to identify an ideal trading platform. But the good news is that we […]
The Growth of Crypto Being Used in Online Casinos
Introduction Four years past, the landscape of online gambling painted a stark contrast to today’s flourishing scene. Within Europe’s vast expanse of licensed online casinos, a mere 5% embraced cryptocurrency as a viable banking method. Furthermore, these few pioneers in online gambling placed a restrictive boundary on using cryptocurrencies. Inste
BITmarkets – Spot, Futures, Margin Trading with 150+ Cryptocurrencies
Welcome to the world of BITmarkets – a leading cryptocurrency exchange offering a wide range of trading options for both retail traders and corporate clients. In this comprehensive review, we will explore the various features and services provided by BITmarkets, including spot, futures, and margin trading. Whether a seasoned trader or just starting
Hong Kong’s first licensed crypto exchange HashKey is now live
HashKey Exchange, the first licensed retail virtual asset exchange registered in Hong Kong, announced its official launch today. Together with executives from the HKSAR government, top-tier banks, insurers, and Big 4 auditing firms, HashKey held the grand launch in Hong Kong. Strictly adhering to the SFC’s user registration and KYC requirements, th
Powering the Next Generation of Gaming: XBorg Sells Out $2 Million Seed Round Community Allocation
Dubai, United Arab Emirates, July 13th, 2023, Chainwire XBorg, the Web3 company developing a collaborative credential infrastructure that allows players to create their digital identity and enjoy tailored user experiences within enhanced gaming applications, sold out their $2 million seed round community allocation in record time. The funds will fa
CEL price takes another hit, US SEC files lawsuit against Celsius
Celsius is currently going through a Chapter 11 bankruptcy proceeding. Last week, the US CFTC found Celsius and Alex Mashinsky guilty of breaking several laws before Celsius collapsed in 2022. Alex Mashinsky has been arrested and will be arrayed in court on Friday. Celsius Network, a cryptocurrency lending company that collapsed in 2022, is the [&h
BNB Chain to undergo major hard fork to address blockchain exploit risks
Key takeaways BNB Chain is set to undergo its ZhangHeng upgrade later this month. The upgrade will address blockchain exploit risks, and no new BNB tokens will be issued. BNB Chain to undergo a major hard fork later this month BNB Chain, the blockchain of the Binance ecosystem, is set to undergo its “ZhangHeng” upgrade […]
Exclusive: Bitget’s proof of reserves sets record with a total reserve ratio of 223%
Bitget has been publishing verifiable data since December 2022. The recent proof of reserves shows USDC at a reserve ratio of 2604% The exchange’s reserve ratios have consistently exceeded 200% in the past seven months. Coinjounal can exclusively reveal that Bitget, a leading platform for copy trading and crypto derivatives, has released its monthl
Hedge Funds’ Long-Term Crypto Interest Remains Robust Even as Proportion Investing Drops: PwC
The proportion of traditional hedge funds investing in crypto assets declined in the past 12 months though the long-term outlook remains positive, according to a new report by Big Four accounting firm PricewaterhouseCoopers (PwC). The percentage of funds with crypto exposure fell to 29% from 37% in 2022, according to the Global Crypto Hedge Fund [&