Mining Capital Coin CEO Accused of $62M Cryptocurrency Scam
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.
The Story of How One Man’s Crypto Addiction Nearly Ruined His Life
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.
Over $407,000,000 in Crypto Liquidated in Just 24 Hours As Bitcoin (BTC) Plunges to Four-Month Low
Tens of thousands of crypto traders are having their positions liquidated as markets across numerous sectors close out the week in the red.
Latest phishing attempt on OpenSea, here’s what investors need to be wary of
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 loses $2700: Downtrend to continue
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 Faces Pain In Spain, Despite French Regulatory Victory
Binance’s expansion into Europe appears to have met fresh hurdles, as it faces renewed pressure from Spanish market regulators.
NFT market well-positioned to grow 35% into a $13.6B industry by 2027
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.
US Court Fines Bitmex’s Founders $30 Million for Operating Illegal Crypto Platform
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.