South Korean P2P CEO accused of using client funds to buy crypto
The CEO of a major South Korean P2P lender has been accused of using funds for a construction project to make personal crypto purchases. According to a report by local media outlet NBN Media, an unnamed investor and private equity…...
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Norwegian Sovereign Wealth Fund’s Bitcoin Exposure Jumps 153% In 2024
According to an X post by Vetle Lunde, Head of Research at K33 Research, Norway’s sovereign wealth fund, called Norges Bank Investment Management (NBIM), saw its indirect Bitcoin (BTC) exposure rise by 153% in 2024. NBIM’s Indirect Bitcoin Exposure Rises The increasing adoption of BTC among corporations and nation-states...
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How Trump’s Executive Order Could Impact Bitcoin’s Market Cycle, According to Bitwise CIO
Matt Hougan, Chief Investment Officer at Bitwise, believes President Donald Trump’s executive order could significantly impact Bitcoin’s (BTC) market cycle. Source: https://www.cryptopolitan.com/bitwise-cio-crypto-is-gaining-interest/ In his weekly memo, Hougan cited Trump’s order and growing support for crypto from the SEC as main […] The post How Trump’s Executive Order Could Impact...
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Thailand reportedly weighing bond-backed stablecoins but no official word
Thailand’s SEC plans to issue treasury-backed stablecoins for payments and investments to enhance its digital economy and reduce reliance on volatile cryptocurrencies....
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Here’s why SUI price can surge to $16, while APT can hit $22 by 2025 end
Analysts see potential for SUI and APT to climb to $16 and $22, respectively, by year-end 2025, driven by increasing adoption, network growth, and improving market sentiment. Sui (SUI) and Aptos (APT), both based on Meta’s Diem project, could see…...
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Pudgy Penguins’ Layer 2 Network, Abstract, Struggles to Attract Liquidity
Abstract, the layer-2 network rolled out this week by Pudgy Penguins, is off to a muted start despite offering a series of incentives to new users. The network notched 711,000 user transactions on the day of release, but that respectable total has been overshadowed by a lack of inflows....
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Lightchain AI aims for Dogecoin-like surge with potential for major gains
Lightchain AI is emerging as the next big crypto opportunity, combining blockchain and AI to offer explosive growth potential like Dogecoin’s legendary rise. #partnercontent...
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Litecoin Spikes Over 11% After SEC Acknowledges ETF Filing—Market Regulator Says LTC ‘Very Similar’ To Bitcoin
Litecoin (CRYPTO: LTC) soared to double-digit gains on Wednesday after the SEC formally acknowledged its exchange-traded fund application. What happened: The regulator solicited comments on the ETF applied by digital asset trading firm Canary Capital and asked for those to be submitted 21 days after publication in the Federal...
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Gemini boycotts MIT hiring after Gary Gensler’s return
Gemini takes a firm stance in response to ex-SEC Head Gary Gensler’s return as an MIT professor, by refusing to hire its graduates. Co-founder of Gemini, Tyler Winklevoss, said in a recent X post that the crypto exchange will stop…...
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Fed Chair Calls for Crypto Regulation, Warns Banks Against ‘Excess Risk Aversion’
“I do think it would be helpful if there were a greater regulatory apparatus around crypto,” the US central bank chair said at the Federal Open Market Committee press conference on Jan. 29. He added that it is something Congress and the Fed have been “working on quite a lot.”...
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