Digitex Founder Pleads Guilty to Failure in Anti-Money Laundering Program Implementation
In an announcement on Tuesday, the U.S. Attorney’s Office for the Southern District of Florida said Todd pleaded guilty to “willfully causing” Digitex to violate the Bank Secrecy Act. Notably, authorities indicted the former CEO in February. Digitex CEO Charged for
Hong Kong Cracks Down on Fake Crypto Exchange Allegedly Linked to Elon Musk
The Hong Kong Securities and Futures Commission (SFC) has warned the public regarding Quantum AI, an entity allegedly engaged in fraudulent activities related to virtual assets and impersonating Elon Musk. Quantum AI claims to leverage artificial intelligence technology to provide
Is It Too Late to Buy Bitcoin Cash? BCH Price Up 11% as GambleFi Project Reaches $700,000 Milestone
Bitcoin Cash’s ($BCH) price gains over the last seven days have outpaced market leaders Bitcoin and Ethereum. Since Wednesday May 1, Bitcoin Cash has risen 11% to change hands at a current price of $453. Over the same peiod, the token
High on Ayahuasca: Bitcoin-promoting Commencement Speaker Lands in Hot Water
A US university commencement speaker for the class of 2024, entrepreneur Chris Pan, said he was high on ayahuasca while writing his speech, which, among other things, promoted Bitcoin and crypto. The Ohio State University is a public research university in
Tesla Refocuses on China, Tom Zhu to Lead Amid Challenges
Tesla Refocuses on China, Tom Zhu to Lead Amid Challenges Quick Look: Leadership Shift: Tom Zhu returns to lead Tesla in China; Market Struggles: Tesla’s China deliveries fell 18% year-over-year. Strategic Pricing: Tesla slashes prices to boost competitive stance. Tesla Inc. is once again steering
Arrow Markets Nears $1.65M ICO Goal. What Is Its Goal?
Arrow Markets Nears $1.65M ICO Goal. What Is Its Goal? At a Glance Arrow Markets leverages the Avalanche blockchain to simplify crypto options trading, democratising access to AVAX, ETH, and BTC options. Nears $1.65M fundraising goal, having raised $1.4M, offering ERC20 utility tokens
Plots Finance ICO: Pioneering GiFi in Gaming Finance
Plots Finance ICO: Pioneering GiFi in Gaming Finance Key Points Pioneering GiFi Platform: Plots Finance introduces a novel Game item Finance platform aiming to democratise access to in-game items. Expansive Market Vision: Targets domination in a projected $50 billion gaming item market by
The Mode Token Shaved Off Almost 67%. What’s the Forecast?
The Mode Token Shaved Off Almost 67%. What’s the Forecast? Quick Look: Recent Price Volatility: Mode’s token price plummeted 67%, indicating extreme market volatility and leaving it just above its record low. Comparative Performance: The token is lagging behind broader market gains and
USD/JPY Rises to ¥155 Despite Japanese Intervention
USD/JPY Rises to ¥155 Despite Japanese Intervention Quick Look: USD/JPY Gains: The dollar rises to ¥155.00, up 2% despite Japanese interventions. Intervention Impact: Japan’s USD 60 billion effort only temporarily slowed the yen’s fall. Economic Challenges: Persistent yen weakness raises concerns about inflation. The USD/JPY
Gold Settles at $2,317.70 Amid Mixed Global Signals
Gold Settles at $2,317.70 Amid Mixed Global Signals Quick Look: Gold Price Modest Gain: Increased by 0.2% to $2,317.70 an ounce. Fed’s Interest Rate Stance: Hint of maintaining current rates into 2024. Mixed Metal Market Responses: Platinum steady, silver up slightly, copper down. Gold prices