Chinese Authorities Bust $295M Underground Cryptocurrency Exchange

Chinese authorities have cracked down on an underground bank involved in illegal currency exchange operations between the Chinese yuan and the South Korean won. The operation, which utilized cryptocurrency, is estimated to have handled at least 2.14 billion yuan (approximately $295.8 million). According to a report from state media, local police in Jilin province, located … Read more

Top Crypto Picks: Ran Neuner’s Strategies for Cryptocurrency Investments

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space. Popular cryptoanalyst Ran Neuner suggests SOL, AR, and TON for investment. Neuner focuses on projects … Read more

Cryptocurrency Warning: Avoid These 3 Failing Names | InvestorPlace

Discover why some cryptos to avoid are under intense scrutiny amid regulatory and legal pressures in 2024 Following the fourth Bitcoin (BTC-USD) halving on Apr. 19, we aren’t seeing the explosive growth promised by many experts in the field, which is why investors are now looking for cryptos to avoid rather than buy. Experts agree … Read more

Here Is What 6 Silicon Valley Giants Think About Cryptocurrency

With the Bitcoin ETFs in full swing, the cryptocurrency industry is in the middle of the most important transition period to mainstream adoption in its history. Silicon Valley high tech industry titans have some interesting points of view The high-tech industry continues to make active inroads into the blockchain industry, proposing and building out new … Read more

GameStop Trader ‘Roaring Kitty’ Return Drives Crypto Memecoin Frenzy

(Bloomberg) — Trader euphoria stemming from the long-awaited return to social media by Keith Gill, the investor known for spearheading 2021’s memestock rally under the name of “Roaring Kitty,” has spilled over into the world of crypto. A cryptocurrency created at the end of January utilizing GameStop’s name, logo and ticker rose more than 1,400% … Read more

Johnson City pulls cryptocurrency mine proposal from planning agenda

JOHNSON CITY, Tenn. (WCYB) — Johnson City’s planning commission was set to host a public hearing Tuesday night on a proposal that would allow cryptocurrency mines in some parts of the city, but that hearing was pulled from the agenda late Monday afternoon. The proposal would allow data centers, including cryptocurrency mines, in the Heavy … Read more

Biden blocks Chinese-backed crypto miner from land ownership | AP News

FILE – The entrance to F.E. Warren Air Force Base is pictured May 24, 2018, in Cheyenne, Wyo. President Joe Biden on Monday, May 13, 2024, issued an order blocking a Chinese-backed cryptocurrency mining firm from owning land near the Wyoming nuclear missile base. The order forces the divestment of property operated as a crypto … Read more

The Ultimate Cryptocurrency to Buy With $1,000 | The Motley Fool

Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer. The Motley Fool reaches millions of people every month through our premium investing solutions, free guidance and market analysis on, top-rated podcasts, and non-profit The Motley Fool Foundation. Founded in 1993, The Motley Fool … Read more