Will Stellar Price Rebound or Fall Further Amid FTX Liquidation?
Stellar (XLM) price has been on a downward trend since July, reaching a low of $0.105 in August. The price has failed to sustain a breakout from a descending resistance line and is facing a strong resistance at $0.130. The technical indicators are mixed, suggesting that the price could go either way. Meanwhile, the FTX […]
Tom Emmer: Digital Assets Could Shape the 2024 Election
The growing role of digital assets could influence the 2024 U.S. presidential election. Republican congressman and crypto advocate Tom Emmer warns anti-crypto candidates who could face a backlash from voters who value financial privacy and freedom. Meanwhile, several candidates have already expressed their views on central bank digital currencies (CBDCs), which different camps see as […]
OneCoin Lawyer Loses Appeal for New Trial in $4B Crypto Scam
Mark Scott, a lawyer who laundered $400 million from the OneCoin cryptocurrency fraud, has failed to secure a new trial despite claiming legal errors and false testimony in his original trial. Scott was convicted of bank fraud and money laundering in 2019 for his role in the scam orchestrated by Ruja Ignatova, the fugitive “Cryptoqueen.” […]
UK to Boost Crypto Seizure Powers with New Crime Bill
The U.K. government plans to enact a new bill that will give local courts and law enforcement agencies more power to freeze and confiscate crypto assets linked to crime. The Economic Crime and Corporate Transparency Bill, expected to be finalized later this year, will remove some legal hurdles and speed up the process of targeting […]
Google Cloud’s Web3 Head: Focus on Business, Not Tokens
James Tromans, the Head of Web3 at Google Cloud, recently shared his views on the crypto industry and the role of blockchain technology in business innovation. In an exclusive interview, he urged the crypto community to shift their focus from token prices to smart contracts and their potential to solve real-world problems. Tromans expressed his […]