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South Korean Court Jails Pro Golfer and Crypto CEO for Altcoin Manipulation

Key Takeaways: A South Korean court sentenced Bithumb’s ex-CEO and golfer Ahn Sung-hyun for manipulation. They accepted bribes and luxury gifts to inflate altcoin prices, defrauding investors. Ongoing investigations expose corruption risks in crypto markets, prompting stricter regulations and investor protections. A South Korean court has sentenced a professional golfer Ahn Sung-hyun, and a former…

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Animoca Brands Hit by X Account Hack: Urgent Warning Issued to Users on Fake Solana Token Scam

Animoca Brands warns users of a hack on Chairman Yat Siu’s X account promoting a fake Solana token. Learn how to protect yourself and verify information. Key Takeaways The hacked X account has been secured, with no compromise of Animoca Brands’ official platforms. Community members are advised to rely on official channels for updates.…

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Venezuela Aims to Finance Villas for the Homeless with Oil-Backed Cryptocurrency

Venezuela has taken quite a bold and appreciable initiative by announcing to help out the poverty-stricken class of the country. Ildemaro Villarroel, who happens to be Venezuelan Habitat and Housing minister, updated the news outlets and also went forth to mention that this latest cryptocurrency, Petro, will be backed by the oil production. Basically, the…

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