Crypto News

Bitcoin Price Placid Ahead of Fed Chair Remarks in Jackson Hole

Analysts will be scrutinizing Powell's remarks, especially in light of the significant downward revision in US payrolls—the largest since 2009.Source link

HKMA Issues Alert on Fraudulent Websites and Phishing Messages Related to ICBC (Asia)

The Hong Kong Monetary Authority (HKMA) has issued an alert regarding fraudulent websites and phishing messages linked to Industrial and Commercial Bank of China (Asia) Limited. (Read More)Source link

Clucoin Founder Pleads Guilty to Crypto Fraud, Confesses to Personal Use of Investor Funds

The founder of cryptocurrency project Clucoin has pled guilty to wire fraud, admitting to diverting $1.14 million in investor funds for personal use, including gambling. Despite promoting the cryptocurrency for charitable causes, Taylor used his social media influence to attract investments, which he then misappropriated. He faces up to 20 years in prison. Clucoin FounderSource link

BNB Chain to Sponsor ETHTokyo Hackathon with Exciting Challenges

BNB Chain joins ETHTokyo as a gold sponsor, offering two challenges with $2,500 prizes for innovative Web3 solutions. (Read More)Source link

Brazilian Securities Regulator Greenlights Second Solana Spot ETF

The Brazilian Securities Regulator (CVM) approved a solana spot exchange-traded fund (ETF) on Tuesday, the second of its kind in the country. According to data from the CVM database, this new instrument will be offered by Hashdex, a Brazil-based cryptocurrency asset management company with nearly a billion in assets under management held locally, in partnershipSource link