A Ukrainian man reportedly lost $500,000 worth of USDT after being set up for a robbery in a Thailand hotel room. The Bangkok Post reports that Viacheslav Leibov, 23, told Thailand police a friend of his invited him to visit a hotel room in Phuket when criminals wearing masks accosted him. The criminals tied him up with ropes and cable ties and demanded he transfer $500,000 worth of Tether’s stablecoin
A crypto-friendly Trump Administration could pressure China into easing up on its digital asset hostility, according to the executive at a prominent Web3 firm. Hashkey Group chief executive Xiao Feng says in a new interview with the South China Morning Post that he “firmly” believes the mainland China crypto market will open up eventually, particularly if incoming US president Donald Trump and the Republican Congress support digital assets. “If the
November 13, 2024 – Grand Cayman, Cayman Islands With a 70-year legacy of offering investment solutions across diverse industries and asset classes, privately-held VanEck now provides millions of customers access to SUI. Investment firm VanEck has introduced a product representing SUI. VanEck – known for its financial products that provide access to Bitcoin, Ethereum and Solana – now offers exposure to SUI, the token behind the groundbreaking layer-one blockchain recognized
BNB price remained in a tight range on November 13 even as Bitcoin made a strong bullish breakout to a new all-time high. Binance Coin was trading at $635.35, a few points below this week’s high of $666.60 as some analysts predicted that it was on the verge of a multi-year breakout, potentially to $2,000. BNB Price Could Be Ripe For A Bullish Breakout Crypto analysts are unfazed by the
Rich Dad Poor Dad author Robert Kiyosaki says he plans to continue accumulating Bitcoin (BTC) until it crosses $100,000. BTC is trading at $87,939 at time of writing. The top-ranked crypto asset by market cap set a new all-time high of more than $89,800 on Monday but is down more than 1.3% in the past 24 hours. On the social media platform X, Kiyosaki says the $100,000 price point is
American multinational investment company BlackRock Inc has broadened the supported platforms for the BUIDL product. Per the latest update, the product has now expanded to different layer-1 and 2 networks to boost its overall diversity. BlackRock BUIDL Diversity – Supported Protocols As the Larry Fink-led company announced, the BUIDL fund is now fully supported on Aptos, Avalanche and Ethereum L2s including Optimism, Arbitrum and Polygon. This new integrations marks the
The latest data showed that the US CPI inflation comes in at 2.6%, a surge from 2.4% noted in September, sparking discussions in the crypto market. Notably, the market participants were also anticipating the inflation figures to come in hotter, which has so far kept the investors on the sideline today. This robust figure has also sparked concerns over the Fed’s potential move with their monetary policy plans ahead. Besides,
The chief investment officer of the Maelstrom Fund family office and BitMEX co-founder Arthur Hayes is saying that artificial intelligence (AI) agents and crypto assets are a natural fit. In a Bankless interview, Hayes says that AI memecoins are a “completely new life force” that is entering the cryptocurrency industry. “I think that AI agents will be able to fill all anti-money laundering and know-your-customer forms, so they’re all digitized
The biggest crypto exchange collapse, the FTX crash, is again in the limelight, as a Sam Bankman-Fried biopic is in the making. After the launch of the Sam-inspired book ‘Going Infinite: The Rise and Fall of a New Tycoon,’ right after the collapse, a book adaptation is in process to bring the writings into the picture. For this, Apple and A24 have collaborated and will explore the ups and downs
A prominent analytics firm says FOMO (fear of missing out)-driven crypto investors are diving head first into Bitcoin just as crypto traders unload their BTC stacks. Santiment says on the social media platform X that Bitcoin’s rise of close to $90,000 in the last few days has rekindled the optimism of BTC holders. According to the analytics firm, FOMO for BTC is starting to peak as market participants anticipate a
