South Korea arrests Bitsonic CEO for allegedly stealing $7.5M of users’ money
The vice president of the crypto exchange will also be put on trial without preliminary detention.
Crypto News Today: Bitcoin's Rally Toward $30K, PayPal's Stablecoin Fakes, and More
As Bitcoin retakes $30K and major players like PayPal delve into the crypto realm, the intersection of traditional finance and crypto becomes more pronounced.
Temasek, Sequoia Capital, Softbank, leading VCs face lawsuit for “abetting” FTX fraud
The lawsuit alleged that the VC firms made many deceptive and misleading statements about FTX while encouraging customers to invest in the exchange for their personal gain.
Blockchain Capital’s X account hacked promoting token claim scam
The account has made multiple posts promising a token giveaway and ushers users to a copycat website to connect their crypto wallet.
2023 Layoff Tracker: Tyson Foods, Emergent BioSolutions Cut Hundreds Of Jobs
Layoffs continue apace after more than 136,000 employees were cut by major U.S. companies in the first quarter of 2023.
Cathie Wood and Mike Novogratz Are Both Bullish on Spot Bitcoin ETF Approvals
Ark Invest CEO Cathie Wood and Galaxy Digital CEO Mike Novogratz are both optimistic about the imminent approval of a spot bitcoin ETF.
Should you just wait for October to trade Bitcoin?
The months of August and September haven't been the best for Bitcoin price historically, and with volatility at historic lows, traders may want to wait it out.
Blockchain Security Firm Forta Upgrades Its Scam Detector to Battle Growing Crypto Fraud
Hundreds of millions of dollars have been lost to scams and exploits in July alone.
Circle Seeks to Make Crypto Payments Easier With New 'Programmable Wallets'
Circle’s Programmable Wallets platform is available now for developers on Ethereum, Avalanche and Polygon, with plans to expand to other blockchain later this year.
First Mover Americas: Market Doesn't React Much to PayPal Stablecoin
The latest price moves in bitcoin (BTC) and crypto markets in context for August 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Jumps Above $30K for First Time in Nearly a Week
Ether (ETH), bnb (BNB) and cardano (ADA) were similarly little changed. Dogecoin (DOGE) and Avalanche blockchain’s avax (AVAX) fell 1.5% to lead losses among major tokens.
Crypto ews recap: PayPal launches a new Stablecoin
Albawaba- In this week's crypto highlights, PayPal unveils its PYUSD stablecoin backed by Paxos, BitOasis partners with VARA for compliance, and the UAE asserts its position as a significant BTC mining hub...
