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Despite restrictions, Chinese cryptocurrency enthusiasts are keeping the trade alive. Users are covertly meeting in public places like cafes, parks, and even laundromats to swap wallet addresses, trade assets, and exchange bank information for converting their crypto into fiat currency.
The parents of Sam Bankman-Fried, the founder of the now-defunct crypto exchange FTX (Joseph Bankman and Barbara Fried), are refusing to give back assets received from their son. They've requested the court to dismiss the lawsuit filed by the company, asserting their ignorance of any fraudulent activities and claiming that the exchange is unjustly trying to confiscate their property.
The South Korean government intends to establish specific regulations targeting cryptocurrency mixers, which are used to obscure the origin of digital assets. This initiative is driven by the challenges these services pose in tracking money laundering conducted by criminal organizations.
Crypto company Telcoin has completely compensated its users for losses ($1.2 million) incurred from an application breach at the end of 2023 due to a technical vulnerability. The issue originated from a flawed Polygon wallet implementation, but it did not compromise administrative keys.
The South Korean government has expressed opposition to the approval of Bitcoin or any other cryptocurrency-based ETFs, in light of the recent shifts in the U.S. financial policy. This stance was articulated by a representative of the South Korean Financial Services Commission (FSC). Crypto Regulations in South Korea: Key Features
South Korea stands at the forefront of cryptocurrency innovation, boasting the highest trading volume in Asia. The nation's regulation of digital currencies began in 2017, coinciding with the first significant bull run of BTC and other cryptocurrencies. 7 Strategies for Earning in a Bull Market
In the last quarter of 2023, various altcoins witnessed a surge of 300-400%, and Bitcoin firmly held its ground above the $40,000 level. With indications of a bull market, crypto enthusiasts are now pondering the best ways to profit. Such phases often bring increased liquidity to the market, creating ample opportunities. Machiavelli in DAO Governance
Every creator of a Decentralized Autonomous Organization (DAO) must not only be a proficient manager but also a political scientist, says Miles Jennings, Chief Legal Counsel at a16z crypto. He refers to the teachings of Renaissance Italian philosopher Niccolò Machiavelli in the context of DAO management. Joseph Lubin: Ethereum's Co-Founder & Key Strategist
On the first day of 2014, fifty-year-old Joseph Lubin, a private recording studio owner, met 19-year-old crypto enthusiast Vitalik Buterin in Jamaica. Buterin had recently left university. This encounter led Lubin to become a co-founder of Ethereum, establish Consensys, and amass a fortune in dollars.
A recent CoinGecko study reveals a startling fact: over 50% of cryptocurrency projects (14,039), listed on the platform since 2014, have faced failure. The vast majority of these setbacks (more than 70%) occurred between 2020 and 2022, largely attributed to the ease of deploying tokens and the craze around meme coins. BSV Price Doubles: What Are the Driving Factors Behind the Surge?
Bitcoin SV, the hard fork of Bitcoin Cash, diverged from the main network in 2018. Its value hovered between $150 and $250 for three years until it dipped below its historic low in November 2022. After 11 months of gradual build-up, BSV began an upward trend, which became more pronounced towards the end of the year. Consensys and MetaMask Interview
GNcrypto got to speak with one of the most well-known companies in the blockchain-verse Consensys and its representative Francesco Andreoli, DevRel for Consensys. Our focus was the Web3 world and MetaMask. Without any further ado, let’s deep-dive into the world of Web3 permissionless innovation. Gods Unchained VP Interview: Blockchain Games Will Take Off Soon
How long does it take to develop a household game? In an interview with GNcrypto, VP and executive producer for Gods Unchained Daniel Paez of Immutable explains why blockchain games are better and how long it’d take for blockchain gaming to really become popular.
In a significant move by U.S. authorities, Rodney Burton, a key promoter of the cryptocurrency venture HyperVerse, has been detained on accusations of conducting a fraud scheme exceeding $7 million. According to the U.S. Tax Service's filings, he masterminded a financial pyramid masquerading as a crypto investment opportunity. 




