Metaplanet, a Japanese Corporation, Acquires $6.25M in Bitcoin
Metaplanet Inc. invests $6.25 million in Bitcoin, marking a strategic shift in its financial strategy and an embrace of the digital asset ecosystem. Metaplanet Inc., a notable Japanese company , has entered the cryptocurrency market strategically reminiscent of industry titan MicroStrategy. However, the organization recently declared its intention to allocate a substantial quantity, precisely ¥1 billion […]
‘Crypto Dad’ Yao Qian Faces Investigation from Chinese Gov’t
Pro-blockchain official Yao Qian, also known as Crypto Dad, is reportedly under investigation by Chinese authorities for suspicions of legal violations. The Shanghai Securities News reported on April 26 that the Central Committee of the Communist Party of China is presently investigating Yao on suspicion of “serious violations” of law and discipline. The precise rationales […]
Yield Farming and Liquidity Mining: Financial Benefits in DeFi
The financial benefits in DeFi offer users opportunities to earn passive income and participate in innovative financial products. Among the myriad offerings within the DeFi ecosystem, Yield Farming and Liquidity Mining have emerged as prominent strategies for investors seeking to maximize their returns. In this article, we’ll explore the financial benefits in DeFi, with emphasis […]
Sen. Elizabeth Warren, Bill Cassidy Target Crypto Use in CSAM
Senators Elizabeth Warren and Bill Cassidy are proposing a crackdown on those who use crypto to buy and sell child sexual abuse material (CSAM). U.S. Senators Elizabeth Warren and Bill Cassidy want to make sure that government organizations are prepared to investigate cryptocurrency transactions connected to the sale of content related to child abuse. Departments […]
US SEC Sues Geosyn Mining, Owners for $5.6M Fraud
The US Securities and Exchange Commission (SEC) has sued Geosyn Mining and its owners, claiming they misled and misappropriated its investors’ funds. Through service agreements offered as securities between November 2021 and December 2022, Geosyn, its CEO Caleb Joseph Ward, and former operating head Jeremy George McNutt allegedly deceived about 64 investors, according to the […]