The U.S. Department of Justice has accused Luiz Capuci Jr., Mining Capital Coin CEO, of organizing a huge cryptocurrency fraud operation. Charged with many felonies, including wire fraud, money laundering, and securities fraud, Capuci faces up to 45 years in jail.
A recent report from a patient attending a rehab clinic in Thailand for his crypto addiction sheds light on what might be a growing problem for many around the word as crypto goes more and more mainstream.
Tens of thousands of crypto traders are having their positions liquidated as markets across numerous sectors close out the week in the red.
OpenSea, one of the largest NFT marketplace saw an unprecedented surge since its inception. That said, this rise saw different hiccups on the way that did hinder its growth.
Ethereum price analysis for May 7, 2022, comes on a bearish note for the coin as Ether has lost more than 2.79% of its price in the last 24 hours. It seems that the coin might lose the $2600 price region as well in the near future if the bears continue to prevail in the crypto market. Moreover, as noted in our ETH prices analysis for May 6, 2022, the token had major support at the $2700 which it failed to retain and now this region has turned into major resistance. Another major resistance is above the $3000 price region.
Binance’s expansion into Europe appears to have met fresh hurdles, as it faces renewed pressure from Spanish market regulators.
Reflecting the growing interest in the non-fungible token (NFT) space among today’s investors, new research predicts that the existing $3 billion market size will reach $13.6 billion by the end of 2027.
The founders of Bitmex have been ordered to pay $30 million “for illegally operating a cryptocurrency derivatives trading platform and anti-money laundering violations.” Arthur Hayes, Benjamin Delo, and Samuel Reed must pay $10 million each.