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DOJ Opens $40 Million OneCoin Victim Claims After $4 Billion Global Crypto Fraud

Victims of the $4 billion OneCoin fraud scheme can now seek relief through a fund of $40 million in seized assets, the U.S. Department of Justice (DOJ) announced Monday. Between 2014 and 2019, Ignatova and Karl Sebastian Greenwood, co-founders of OneCoin Ltd. (OneCoin), and others operated a fraudulent international cryptocurrency investment scheme to up to

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Bitcoin (BTC), ether (ETH) in Goldilocks rally as small coins take a back seat: Crypto Daily

Major cryptocurrencies are rising alongside gains in U.S. stocks as oil prices shed the war premium built up in recent weeks. But broader market participation remains elusive and limited to just a few pieces. Bitcoin BTC$74,392.92 and ether (ETH) are up 5% and 9%, respectively, over the past 24 hours, as digital asset treasuries like

Bitcoin (BTC), ether (ETH) in Goldilocks rally as small coins take a back seat: Crypto Daily Read More »

Bank of Korea candidate supports CBDC-led system with limited stablecoin role

Shin Hyun-song, the candidate to head the Bank of Korea, said a central bank digital currency (CBDC) and deposit tokens issued by banks should form the core of South Korea’s digital currency system, with stablecoins playing a secondary role. “I expect that digital currencies and central bank deposit tokens can coexist with stablecoins in a

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Dogecoin climbs 3% towards 10 cents as ETH breakout spurs memecoin bets

Dogecoin is pushing higher again, with volume confirming the move, but it has yet to break through the level that really matters. The breakout appears constructive, although still early, with prices holding onto their gains rather than fading. News context • DOGE-linked investment products saw new inflows after weeks of inactivity, signaling a return of

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Japanese central bank tempers rate hike expectations, removing major risk to Bitcoin rally

Bitcoin’s breakout past $74,000 on Monday received help from Japan. Bank of Japan Governor Kazuo Ueda has dampened expectations of an interest rate hike at the upcoming policy meeting on April 28, signaling a more cautious stance amid uncertainty over the impact of the war in Iran on the Japanese economy. Such decisions have reverberated

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Steve Aoki dumps his last SHIB and ETH as Bored Apes which he bought for $800,000 sits at $97,000

Steve Aoki told CoinDesk in August 2021 that NFTs would be “part of the culture” within five years. Almost exactly five years later, he liquidated what remained of his crypto portfolio. Data from Arkham Intelligence shows that Aoki’s wallet sold 1.785 billion SHIB for around $10,300 and traded 7.25 ETH for around $15,900 on Monday,

Steve Aoki dumps his last SHIB and ETH as Bored Apes which he bought for $800,000 sits at $97,000 Read More »

RaveDAO ranks in top three alongside Bitcoin and Ether with $43 million in liquidations

RaveDAO’s RAVE token, a little-known project until last week, burst onto the scene in a big way. It is now the third largest cryptocurrency behind bitcoin. BTC$74,189.01 and ether (ETH) – not by market capitalization, but by liquidations or forced closures of leveraged futures bets by exchanges. Over the past 24 hours, exchanges liquidated RAVE

RaveDAO ranks in top three alongside Bitcoin and Ether with $43 million in liquidations Read More »

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