Crypto News

Charles O. Parks III, also known as “CP3O,” was sentenced today in federal court in Brooklyn by U.S. District Judge Eric Komitee to one year and one day in prison for operating a large-scale illegal cryptojacking scheme in which he defrauded two cloud computing providers of over $3.5 million in computing resources to mine nearlySource link

AAVE price prediction shows potential upside to $343-$410 range within 2-4 weeks, supported by bullish MACD momentum despite recent 7% pullback from resistance levels. (Read More)Source link

Thailand introduced its Tourist Wallet for foreign-currency-to-baht QR payments, but the crypto conversion feature is suspended pending a regulatory review through mid-August.The Bank of Thailand said the Tourist Wallet is meant to solve a practical problem: Cross-border QR links are only live with eight partner countries including Singapore, Malaysia and, soon, China via UnionPay. Travelers from elsewhere still face friction when paying in Thailand, something the new wallet aims to address.Tourists will be able to top up their wallets with cash at provider counters, foreign debit and credit cards, or overseas bank transfers. Spending caps apply: 500,000 baht ($13,800) a month for merchants with card terminals and 50,000 baht for small shops. Cash withdrawals are prohibited, and accounts can be...

The firm is anticipating approval from Japan’s FSA later this year, bringing the token under the country’s stablecoin framework.Source link

Technical analysis suggests LDO could reach $1.75-$2.10 within the next two weeks, with bullish MACD momentum supporting upside targets despite recent 8.61% decline. (Read More)Source link