Yang Bin, a 61-year-old Dutch national, was sentenced by a Singapore court to six years in prison and fined S$16,000 Singapore dollars for orchestrating a cryptocurrency Ponzi scheme. Yang’s company, A&A Blockchain Innovation, falsely claimed to own 300,000 cryptocurrency mining machines, promising investors a daily return of 0.5%. In reality, the company had no such […]Bitcoin NewsRead More
Related Posts
US Bitcoin ETFs Bleed $148.56M While Ethereum ETFs Cash In
Based on the latest data, spot bitcoin exchange-traded funds (ETFs) experienced net outflows of $148.56 million on Tuesday. Conversely, spot ether ETFs saw a positive […]
Bitcoin Technical Analysis: Will the Long-Term Uptrend Save the Day?
Bitcoin’s current price is $97,384, with a 24-hour trading volume of $69.42 billion and a market cap of $1.92 trillion. Today, it danced between $95,444 […]
Republic First Bank Fails, Triggers Minor Crypto Market Downturn Amid Banking Sector Concerns
The United States witnessed its first banking failure of 2024 with the closure of Philadelphia-based Republic First Bank, creating ripples within the cryptocurrency community as […]