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A South Korean crypto criminal begged for a shorter sentence. The judge doubled it instead – DL News
A South Korean man received a suspended sentence from the district court.The High Court handed him a four-year jail term instead.Defendant used crypto to launder $68,000 from victims of voice phishing.A man’s bid to reduce his sentence for using crypto to launder $68,000 for a voice phishing gang has failed spectacularly — with an appeals court sending him to jail.The unnamed man, aged in his 30s, was sentenced to four years of probation by a district court in 2024, the South Korean newspaper Kyeonggi Shinmun reported. The same court also sentenced him to two and a half years in jail,…
Join Our Telegram channel to stay up to date on breaking news coverage Major museums around the world are increasingly incorporating NFTs into their permanent collections through high-profile donations from digital artists and collectors, aiming to preserve digital culture and engage younger audiences. In the latest donation from digital artists, MoMA has received eight CryptoPunks non-fungible token collections. These Punk NFTs are now permanently on display at the museum. Punks NFT Find Home At MoMA In a December 20 blog post, Infinite Node Foundation, a non-profit art organization focused on preserving, exhibiting, and studying digital art and blockchain technology, confirmed…
Bitcoin BTC$88,608.94 and other crypto assets again fell steadily through the U.S. session on Monday, with BTC sliding below $88,000 after earlier having climbed above $90,000 and ETH ducking back below $3,000.Some crypto-related stocks are still holding gains, led by Hut 8 (HUT), which continues to rise following its deal last week for a 15-year AI data center lease with Fluidstack. Shares are higher by 16% Monday, helped by a price target increase Benchmark’s Mark Palmer.Other names in the green include Coinbase (COIN) and Robinhood (HOOD), though both are well off session highs as crypto prices have pulled back. Strategy…
Ethereum is attempting to reclaim the $3,000 level after showing pockets of bullish strength over the weekend. Buyers briefly managed to push the price higher, but momentum has struggled to build, and ETH remains vulnerable below a key psychological threshold. As volatility compresses, market conviction appears fragile. Many analysts are increasingly calling for lower prices, arguing that recent rebounds lack the follow-through required to shift the broader structure back into a sustained uptrend. Related Reading On-chain data helps explain this hesitation. According to a recent CryptoQuant report, Ethereum’s Net Unrealized Profit/Loss (NUPL) indicator remains in positive territory, with the latest…
Bitmine now owns 3.37% of the ETH token supply, two-thirds of the way to the ‘Alchemy of 5%’ Bitmine Crypto + Total Cash Holdings + “Moonshots” total $13.2 billion, including 4.066 million ETH tokens, total cash of $1.0 billion, and other crypto holdings Bitmine will hold its annual stockholders meeting at the Wynn Las Vegas on January 15, 2026 Bitmine leads crypto treasury peers by both the velocity of raising crypto NAV per share and by the high trading liquidity of BMNR stock Bitmine is the 66th most traded stock in the US, trading $1.7 billion per day (5-day avg)…
The bitcoin price could climb to $143,000 next year as continued adoption through exchange-traded funds and a more accommodating U.S. regulatory backdrop draw new capital into the market, according to a new forecast from Citi. Analysts at the Wall Street bank set $143,000 as their base-case target for the bitcoin price over the next 12 months. They outlined a bullish scenario that places the price above $189,000, while their bearish case sees the bitcoin price falling to around $78,500 if macroeconomic conditions deteriorate, according to MarketWatch reporting. The bitcoin price was trading near $88,000 on Friday, down roughly 30% from…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum’s price may be hampered by selling pressure, but the leading network continues to experience heavy utilization from developers and users. After robust interaction from the participants, the blockchain giant emerged once again as the leader in Decentralized Finance (DeFi) lending. DeFi Lending Still Pays Best On The Ethereum Network A recent report has underscored Ethereum’s growing dominance within the blockchain sector. The network is solidifying its position as the financial foundation for decentralized finance lending, and the data is starting to present a convincing picture. A…
The highly anticipated Uniswap protocol fee switch, dubbed “UNIfication,” is set to pass and go live later this week, having reached the 40 million vote threshold needed to trigger one of the biggest upgrades in the decentralized exchange protocol’s seven-year history.As of early Monday, nearly 62 million votes have already been cast in favor of the UNIfication governance proposal since voting opened on Dec. 20, with voting set to close on Thursday, Christmas Day.Uniswap Labs CEO Hayden Adams said on Thursday that a successful vote would follow a two-day timelock period in which Uniswap v2 and v3 fee switches would…
Finance platforms racing to add prediction markets are doing so at the cost of accelerated “casino-like” user churn, says venture capital firm Inversion Capital founder and CEO, Santiago Roel Santos.Santos argued in a blog post on Saturday that while he is a “believer in the underlying idea” of prediction markets, he thinks offering them in mainstream finance apps like Robinhood threatens future value capture by increasing the risk of user account liquidation. “The problem with casino-like products isn’t that users lose money. It’s that casinos accelerate churn,” he said. “The longer you exist inside a casino, the higher the probability of liquidation.…
Cryptocurrency trading has moved from being a niche activity to a global financial trend. Every day, thousands of new users enter the crypto market hoping to invest, trade, and grow their digital assets. However, many beginners struggle with complex trading interfaces and advanced tools that are difficult to understand. BYDFi solves this problem by offering a clean, simple, and beginner-focused crypto trading platform designed for ease of use without sacrificing functionality. This article provides a complete overview of BYDFi, explaining its features, usability, security, and why it has become a trusted choice for new crypto traders. Introduction to BYDFi BYDFi,…