Author: John Smith
South Korea’s Cube Entertainment is under scrutiny after its CEO, Kang Seung-gon, was accused of allegedly misleading investors into a cryptocurrency investment that resulted in significant financial losses. A coalition of investors has accused Kang of promoting Nestree, a cryptocurrency launched by South Korean blockchain firm Nestree Media Group, as a promising investment with guaranteed returns, according to a Jan. 9 report by local media outlet The Korea Economic Daily. Nestree Media Group advertised itself as a blockchain-based technology company specializing in community-focused messenger services and e-commerce platforms. Its cryptocurrency, Nestree, was listed on major South Korean exchanges, including Coinone…
Stablecoin developer Usual is under scrutiny after changing 1:1 redemption mechanism for USD0++, its yield-bearing staked token tied to the USD0 stablecoin. USD0++, the staked version of the USD0 stablecoin by Usual, dropped to $0.92 — 8% below its previous redemption value — after new early exit options triggered a sell-off and disrupted its largest Curve pool. USD0++ is not a stablecoin. It is a staked version of USD0, designed to lock funds for four years while earning USUAL tokens as rewards. Previously, USD0++ could be redeemed 1:1 with USD0, but now users must choose between two exit options: a…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. BCH Miner is transforming crypto mining with instant setup, low costs, and user-friendly cloud solutions for everyone. BCH Miner is one of the latest mining platforms that lets users start mining instantly. In this article, we will detail why thousands of people are abandoning traditional mining and choosing options like BCH Miner instead. This simple platform is transforming the way people mine cryptocurrency. For years, cryptocurrency mining has been dominated by tech enthusiasts with deep pockets and advanced hardware.…
Staking will not be considered a collective investment scheme in the United Kingdom, according to a recent amendment by the U.K. Treasury. U.K. Authorities have updated a section of the Financial Services and Markets Act 2000, which regulates financial markets in the U.K., to clarify that crypto staking is not a “collective investment scheme.” Staking is a process where blockchain users lock up a network’s native tokens for a chance to participate in transaction validation on proof-of-stake blockchain networks like Ethereum. In return, participants earn rewards, usually in the form of additional tokens. The Treasury’s amendment clarifies that staking does…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Discover how a new presale dominates the crypto market with a 600% price surge. Meanwhile, Cardano and Solana show some price dips. The current crypto market turmoil has been hard, even for established tokens like Cardano (ADA) and Solana (SOL). Although they are now seeing price dips, market analysts like Andrew Crypto and Dan Gambardello have made some bold price predictions for them. While these top crypto coins face resistance, another token called DTX Exchange (DTX) seems to be…
The CEO of CryptoQuant, an on-chain market analytics firm, predicts that altcoins might not be the game-changer in 2025. However, analysts at Citi share a positive sentiment. How will 2025 turn out to be for altcoins, then? CryptoQuant CEO Ki Young Ju tweeted on Jan. 10 that the altcoin market is in a “zero-sum PvP game”, where the gains are largely internal, with no new capital inflow in the market. This means that in the current altcoin market, for one person to win, another has to lose the exact amount. It’s reminiscent of a competitive game in which the overall money…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Crypto investors are shifting focus from giants like Ripple and Solana to emerging gems like Remittix, a promising platform poised to redefine cross-border payments. Crypto market sentiments are starting to shift from established projects to small, upcoming gems with strong potential. Of course crypto whales are still into the big guys, coins like Ripple (XRP), Cardano (ADA), Solana (SOL) and so on. However, there’s renewed interest in projects like Remittix, dubbed to be the ‘next XRP’ due to its…
South Korea’s major exchange enables trading with SAFE KRW and KRW markets, emphasizing network-specific guidelines. Bithumb, a prominent cryptocurrency exchange based in South Korea, has introduced new trading pairs for Sonic SVM and AHT. AHT (AHT) is now available for trading on the KRW market, while Sonic SVM (SONIC) will be traded in the SAFE KRW market. Within three hours of the announcement, both tokens will be available for deposits and withdrawals. Trading for AHT in the KRW market will begin at 2:00 PM KST, while SONIC trading on the SAFE KRW market is scheduled to start at 4:00 PM…
From mecha suits for the mind to agentic interfaces, the Ethereum visionary weighs in. Ethereum (ETH) co-founder Vitalik Buterin has lately expressed both hope and caution on artificial intelligence. He highlighted the dual potential of AI in a series of tweets on X: as an existential threat due to the unfettered growth of autonomous systems, or as a revolutionary instrument to improve human skills. AI done wrong is making new forms of independent self-replicating intelligent lifeAI done right is mecha suits for the human mindIf we do the former without the latter, we risk permanent human disempowerment. If we do…
Autonomous AI agents could reshape commerce, and Nevermined’s $4M funding is a step toward that future. Nevermined, a decentralized AI payment infrastructure provider, has secured $4 million in early investment to enhance AI-to-AI transaction capabilities. Generative Ventures led the funding round, which also included Polymorphic Capital, Halo Capital, and Arca. Self-proclaimed as the “PayPal for AI Commerce,” Nevermined aims to create a financial system designed for self-governing AI agents. AI agents are self-governing software programs created to carry out certain activities, frequently on behalf of humans or other systems. These agents use artificial intelligence to react dynamically to their surroundings…