Crypto

Source: Bitcoinist In a fortunate move, the Vietnamese authorities were able to successfully dismantle a large-scale cryptocurrency scam orchestrated by a company called ‘Million Smiles,’ protecting nearly 300 potential victims from financial exploitation. The scheme, built around a fictitious token called QFS (Quantum Financial System), had already swindled approximately $1.17 million (30 billion VND) from…

Source: Coin Tegraph Cointelegraph takes a look back at three absurd memecoins launched this year, some which immortalized viral moments and one which was just hot air. Read Full Article

Source: Coin Tegraph A South Korean court has approved an arrest warrant for President Yoon Suk Yeol after he refused three summons requests from investigators. Read Full Article

Source: Bitcoinist Spot Bitcoin (BTC) exchange-traded funds (ETFs) registered their first red weekly performance in a month during Christmas Week, their worst performance since September. However, analysts noted that the ETF industry saw its best year yet. Bitcoin ETFs Receive Charcoal For Christmas As the year ends, Bitcoin ETFs have registered their worst weekly performance…

Source: Coin Tegraph Cointelegraph takes a look back at three absurd memecoins launched this year, some which immortalized viral moments and one which was just hot air. Read Full Article

Source: Coin Tegraph A spokesperson for the Chinese embassy in Washington DC told Reuters that China strongly rejects any responsibility in the ordeal. Read Full Article

Source: Coin Tegraph A spokesperson for the Chinese embassy in Washington DC told Reuters that China strongly rejects any responsibility in the ordeal. Read Full Article

Source: Bitcoinist MicroStrategy continues its Bitcoin (BTC) buying spree. The business intelligence firm scooped 2,138 BTC for $209 million in its latest purchase, pushing its total holdings to 446,400 BTC. MicroStrategy Ends 2024 With Another Bitcoin Buy In an announcement made today, the US-based company stated it had further bolstered its BTC reserves with a…

Source: Coin Tegraph MicroStrategy slumped over the last trading day after disclosing its latest Bitcoin purchase, with some market observers raising concern over leverage. Read Full Article

Source: Bitcoinist The People’s Bank of China (PBOC) digital currency cryptocurrency regulation’s importance in its recently published 2024 Financial Stability Report. This reiteration is particularly noteworthy given the contrasting approach of crypto between mainland China and Hong Kong. Notably, while mainland China maintains its strict ban on cryptocurrency trading and mining, Hong Kong continues to diverge…