Crypto News
Sui Blockchain Enhances Real-World Asset Integration with OMG Partnership
Sui blockchain partners with Open Market Group to offer secure access to real-world asset investments, enhancing DeFi opportunities through Soulbound Tokens. (Read More)Source link
Hyperliquid Trader’s $1 Billion Bitcoin Bet Seesaws Amid Price Volatility
The position’s liquidation price was upped to $104,000.Source link
Exploring Tokenised Fixed Income Markets Amidst Economic Volatility
Amid market turbulence, tokenised fixed income assets offer clarity and opportunity. Discover how blockchain technology is transforming traditional bonds into accessible, transparent investment options. (Read More)Source link
Crypto Exchange Lbank Halts UAE Registrations, Plans to Retire Users in Russia, Ukraine
Lbank announced on May 20 that it has temporarily suspended new user registrations from the United Arab Emirates to comply with regulatory requirements set by Dubai’s Virtual Assets Regulatory Authority. Existing UAE Users Face Service Restrictions Lbank, the British Virgin Islands-based cryptocurrency exchange, announced May 20 it has temporarily suspended new user registrations from theSource link
Amalgam Founder Charged With Running ‘Sham Blockchain’, Taking $1M From Investors
Prosecutors have charged Jeremy Jordan-Jones, the self-styled founder of a now-defunct crypto startup called Amalgam, with fraud, alleging that he swindled investors in his “sham blockchain” of more than $1 million, using the money to fund a lavish lifestyle.According to prosecutors, Jordan-Jones painted Amalgam as a tech company that created blockchain-based point-of-sale payment systems, which he claimed had multi-million-dollar partnerships with sports teams including the Golden State Warriors and a professional soccer team in England’s Premier League, as well as a big restaurant conglomerate with more than 500 restaurants. None of these partnerships existed, prosecutors said. Jordan-Jones also allegedly solicited investments from would-be investors by telling them the money would be used to facilitate the listing of Amalgam’s non-existent crypto...