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A Chinese court has found Wong Ming-Chung, the administrator of a financial Telegram chat group offering paid subscriptions, guilty of providing investment advice without the necessary license over several years. The investigation and subsequent lawsuit were led by the China Securities and Futures Commission (CSFC). Crypto ETNs vs Crypto ETFs: Understanding the Differences
Cryptocurrency ETNs (Exchange Traded Notes) and ETFs (Exchange Traded Funds) are investment tools that allow you to capitalize on the price fluctuation of virtual assets. However, there are several important distinctions between them that investors should understand.
A federal court in Brooklyn has sentenced former investment banker Rashawn Russell to 41 months in prison for his involvement in a cryptocurrency fraud scheme and identity theft. Investors suffered losses of approximately $1.5 million, which Russell must now repay. 50 People Fall for a Honeypot Scam in South Korea
The Gwangju Police Agency Cyber Crime Investigation Unit has arrested 28 individuals involved in a cryptocurrency investment fraud scheme under Article 345 of the Criminal Code of the Republic of Korea. The group duped their victims out of more than $13 million. DCA Explained in Simple Terms
Navigating the world of investment can be complex, with countless strategies varying by investment horizon, risk-return balance, and capital management. But when it comes to the cryptocurrency market, not all strategies fit the bill. Let's delve into the DCA strategy, which is particularly effective for volatile assets.
Sonic, a second-layer gaming blockchain built on Solana, has raised $12 million in its latest funding round, reaching a diluted valuation of $100 million. Prominent venture firms like Bitkraft Ventures, Galaxy Interactive, OKX Ventures, and others participated in the investment.
BlackRock’s chief investment officer of ETF, Samara Cohen, points out that spot Bitcoin ETFs are progressing slowly due to financial advisors' initial exploration of this investment product. According to the firm, about 80% of all current purchases come from individual investors. Ukraine National Football Team Collectible Cards Now on Sale
Big football is more than just emotions and excitement—it's also about reliving cherished memories. Haven’t we all once had posters of Shevchenko and Rebrov on our walls? Thanks to a special series of cards, you can now keep memories of the current national team's gameplay with you at all times. Some may even find these cards a profitable investment.
The Chinese government has launched a specialized investment fund dedicated to supporting local development and manufacturing of chips, including those designed for artificial intelligence. Since its official establishment on May 24, the fund has attracted over $47.5 billion in investments.
Michael Busella and Steve Lee, with storied careers at Goldman Sachs and BlockTower, introduce Neoclassic Capital, an investment company targeting the digital asset landscape. Their strategic focus spans tokenization to gaming and social networks, covering a broad spectrum from emerging startups to established public firms.
The Biden administration has officially announced direct government investments into Intel, aimed at bolstering chip manufacturing in the United States. This initiative is set to reinstate America's dominance in the semiconductor industry and enhance its standing in the field of artificial intelligence, with the investment totaling up to $8.5 billion. 







