Taiwanese Prosecutors Indict ACE Exchange Founder for $10.6M Crypto Fraud
Recent reports disclosed that a Taiwanese court has ruled for the seizure of the defendant’s property.
This news section spotlights emerging altcoins, project updates, tokenomics changes and ecosystem developments driving innovation in DeFi, Web3 and digital assets. Keep track of the next wave of digital currencies before they make headlines—and gain insights that matter in the altcoin sector.
Recent reports disclosed that a Taiwanese court has ruled for the seizure of the defendant’s property.
SHIB now has 4 million addresses, a new milestone for the popular dog-themed cryptocurrency and the crypto sector’s first major meme coin.
Fantom network prepares for Sonic upgrade, transitioning from testnet to mainnet. Users can expect aboost tin throughput of up to 2,000 TPS with transaction finality at 1.1 seconds.
In a bid to promote education and awareness, the ministry has proposed developing training and educational resources on digital assets and blockchain for educational institutions and professionals in the government and industry sectors.
After a strong rally over the past week, crypto market analysts believe that Toncoin could enter a consolidation phase between $6.50 and $6.75.
The report noted that regulatory approaches to stablecoins share similarities in key requirements but differ in response to various stablecoin design features and perceived risks.
Despite delays from the SEC, US lawmakers have introduced two proposed bills aimed at regulating stablecoin issuers and the entire crypto market.
STFIL mentioned they’ve hired lawyers to help the team members who are in custody, showing how serious the situation is.
As cryptocurrency advances, regulatory frameworks progress. Over 42 nations considered or legislated crypto laws last year.
While other major coins have been riding the bullish wave, Solana (SOL) has been dragging behind.
The collaboration between Dubai and Crypto.com is anticipated to be beneficial for both parties as the UAE seeks to revolutionize its financial sector through cryptos.
Cronje explained that community and meme coins launched under this framework will lack both minting and ownership capabilities, and that transactions “greater than 1% of the nominated LP pool in a single transaction” will not be permitted.
The BitMEX co-founder must face the lawsuit accusing him of trading manipulations that allowed the exchange to profit from liquidations.
Crypto exchange OKX quickly introduced the Tensor (TNSR) token on its perpetual futures market while allowing leverage of up to 50x.
The US Treasury is seeking expansion of its powers to stop any kind of illicit crypto funding as well as monitoring the crypto exchanges.