cryptocurrency
A Pioneering Move Towards Digital Governance
The post A Pioneering Move Towards Digital Governance appeared com. Kyrgyzstan Blockchain Services: A Pioneering Move Towards Digital Governance Skip to content Home Crypto News Kyrgyzstan Blockchain Services: A Pioneering Move Towards Digital Governance Source:.
Ethena at a crossroads: Will ENA fall from $0.60 or climb above it?
Ethena’s ENA price has dropped 1.6% amid decreased trading volume and mixed market reactions, despite strong fundamentals like TVL and active addresses indicating potential resilience.
Biggest bitcoin fraud trial could redefine crypto justice in the UK
The post Biggest bitcoin fraud trial could redefine crypto justice in the UK appeared com. A high-stakes criminal trial that could shape how British courts handle cryptocurrency-related crime compensation is set to open in London on September 29. The defendant, Chinese national Zhimin Qian, is accused of masterminding a cross-border investment fraud whose proceeds were converted into Bitcoin, now valued at about $7 billion. Prosecutors say Qian ran a scheme in China that drew in nearly 130, 000 people. Investigators allege she directed operations through Tianjin Lantian Gerui Electronic Technology Co., and, between 2014 and 2017, promoted a Ponzi-style product that promised eye-catching returns of 100% to 300%. The plan unraveled in 2017 after China put in place a nationwide ban on crypto, and authorities say Qian fled to the UK that year and moved the schemes proceeds into Bitcoin. Qian now faces her own criminal case in the UK. But legal specialists warn that the international character of the alleged wrongdoing may complicate efforts to secure a conviction. The cross-border nature makes the prosecution of Qian an uphill struggle for UK prosecutors, said Yuhua Yang, a partner at London-based Thornhill Legal. Yang noted that the alleged fraud unfolded in China, with no UK companies or entities involved and no assets passing through British financial institutions. From the criminal perspective, the burden of proof rests on the prosecution for English proceedings, she said as mentioned in a Decrypts report. It can be challenging for the UK authorities to collect evidence from China, such as victim statements, financial records and company documents of Lantian Gerui, to prove the Bitcoins were derived from fraudulent fundraising in China. UK Prosecutors target crypto possession in Qian Case The CPS has not charged Qian with fraud or money laundering. Instead, prosecutors say she unlawfully held and moved cryptocurrency, and that she acquired, used, or possessed criminal property. Some lawyers say this.
Can Chainlink’s tie up with Saudi Awwal Bank propel LINK to $125?
The cup and handle pattern spotted on the higher timeframe price charts signaled a possible bullish breakout to $125.
Public Keys: Alt Autumn Arrives, Kindly Investors Leave Bitcoin Stock, and Here Comes the SOL
The post Public Keys: Alt Autumn Arrives, Kindly Investors Leave Bitcoin Stock, and Here Comes the SOL appeared com. In brief Rex-Osprey launched XRP and DOGE ETFs, and the SEC debuted streamlined listing standards for commodity-based trust shares. Forward Industries became Solana’s first $1 billion treasury company, with Helius planning a $500 million SOL treasury raise KindlyMD shares dropped 54% after filing S-3 registration, releasing $200 million in discounted shares that created sell pressure Public Keys is a weekly roundup from Decrypt that tracks the key publicly traded crypto companies. Alt Autumn loading The U. S. Securities and Exchange Commission press release didnt actually mention altcoins, but crypto ETF hopefuls havent wasted time rushing their funds toward the starting line. The regulator has streamlined generic listing standards for commodity-based trust shares, meaning that as long as applicants meet the listing standards of the Nasdaq, Cboe BZX, and NYSE Arca exchanges, they can opt out of applying for a rule change for individual funds like every other crypto ETF issuer so far. The rule change didnt have unanimous support, though. Commissioner Caroline Crenshaw said in a statement Wednesday that the new rule amounts to passing the buck on reviewing these proposals and making the required investor protection findings, in favor of fast tracking these new and arguably unproven products to market. Rex-Osprey was first out of the gate with its Rex-Osprey XRP ETF and Rex-Osprey DOGE ETF. The company is also working to bring a leveraged option to market, the Rex-Osprey DOJE Growth & Income ETF, for traders who want big risks and big rewards. Its still early, as the filing doesnt yet mention a fee. But the objective is to pay weekly distributions by selling calls, while targeting 1. 05 to 1. 5 times the daily move of its newly trading DOJE Dogecoin ETFresetting exposure every day. Its a product for short-term traders, not buy-and-hold investors. Dogecoin jumped as high as.
PancakeSwap soars as Binance users dominate: $3.25 next for CAKE?
PancakeSwap’s CAKE token has surged 11% due to strong investor interest and high trading volumes, with potential targets of $3.25 if it breaks resistance, amid rising liquidity in the BNB ecosystem.