Blockchain News Archives - Page 4 of 33

South Korean Crypto Exchanges Paid Customers M in Interest in Past Year

South Korean Crypto Exchanges Paid Customers $87M in Interest in Past Year

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South Korean crypto exchanges paid their customers $87 million worth of interest on their fiat deposits in the past 12 months. Per the South Korean news agency Yonhap (via Daum), data on interest payments was submitted by the Financial Supervisory Service on July 27 after a freedom of information request from the Democratic Party lawmaker […]

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Positive Crypto Sentiment in US Drives Hiring Demand for Blockchain Jobs

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The United States is quickly becoming a hub for crypto entrepreneurs due to recent approval of positive blockchain legislation. The GENUIS Act was signed into law on July 18, marking a significant milestone for stablecoin adoption. Following this, Republican leaders on the US Senate Banking Committee released their version of legislation for a digital asset

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Vietnam Launches National Blockchain for Data Infrastructure

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Key Takeaways: NDAChain is Vietnam’s state-backed blockchain, integrated with national digital services and identity systems. The system uses Proof-of-Authority with zero-knowledge proofs and supports both decentralized ID and traceability tools. By 2026, NDAChain will expand to regional and educational systems and support Layer 2 app development. Vietnam has launched NDAChain, a permissioned Layer 1 blockchain

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Crypto Market Cap Drops Over 6% as Bitcoin, ETH and XRP Enter Red — What’s Going On?

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The global crypto market took a sharp turn Friday, shedding about 6.7% in value and knocking over $160b off its total market cap, now hovering around $3.84 trillion, according to data from CoinGecko. The drop comes after four consecutive green weekly candles, suggesting the bullish momentum that carried digital assets to near-record highs is beginning

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Russia Reports x10 Rise In Registered Crypto Mining Firms

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A senior Moscow lawmaker says the number of Russian crypto mining firms signed up to the Federal Tax Service’s register has risen tenfold in the past six months. The Russian media outlet RBC reported that MPs claim that more than 1,000 firms are now “legally” mining coins. And this has led one political leader to

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NYC Crypto Torture Case Suspects Granted Million Dollar Bail

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William Duplessie and John Woeltz, the two suspects behind New York City’s Bitcoin torture plot earlier this summer, were each granted $1 million bail this week on charges tied to the NYC crypto torture case, ABC News reported on Thursday. William Duplessie, John Woeltz, Land Bail in Shock Case According to the July 24 report,

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MIT Brothers Who Exploited MEV Bots for M Must Face Trial, Judge Rules

MIT Brothers Who Exploited MEV Bots for $25M Must Face Trial, Judge Rules

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Two MIT-educated brothers accused of orchestrating the largest MEV bot exploitation in cryptocurrency history will face trial after a federal judge rejected their attempts to dismiss fraud and money laundering charges. Anton Peraire-Bueno, 24, and James Peraire-Bueno, 28, allegedly stole $25 million in cryptocurrency within 12 seconds by manipulating Ethereum’s MEV-Boost protocol in April 2023.

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Hong Kong Declares Unlicensed Stablecoin Promotions a Crime

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Hong Kong will soon make it illegal to market unlicensed stablecoins to the public, as the city tightens controls ahead of the rollout of a long-anticipated regulatory framework. The move comes as authorities seek to cool market euphoria and protect retail investors from hype and fraud in the digital asset space. Eddie Yue, chief executive

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Stablecoin Giant Tether Rekindles Plans to Break Into US Market: Report

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Tether is laying the groundwork for a fresh push into the US, spurred by a major shift in the country’s regulatory climate. CEO Paolo Ardoino told Bloomberg in an interview Wednesday that the company is moving ahead with its domestic strategy, following last week’s signing of landmark stablecoin legislation by US President Donald Trump. The

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Washington State Moves To Forfeit .1 Million Worth Of Crypto From International Fraud Scheme

Washington State Moves To Forfeit $7.1 Million Worth Of Crypto From International Fraud Scheme

Leave a Comment / Blockchain News, Crypto Fraud, Cryptocurrency, DOJ, News / best time

The U.S. Attorney’s Office for the Western District of Washington filed a civil action on Tuesday seeking the forfeiture of over $7 million in digital assets recovered from a massive crypto scheme, a new press release from the Department of Justice shows. Fraudsters Stole $97 Million in Crypto Scheme, New Press Release Shows According to

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