Gangnam District seizes $3.2M in crypto from tax evaders under 2023 enforcement
Gangnam District seized $3.2M in crypto from tax evaders in 2023, targeting Bitcoin and Ethereum holdings under Seoul’s stricter enforcement policies.
MicroStrategy CEO commits to $1 billion Bitcoin buy in single transaction
MicroStrategy CEO Michael Saylor plans a $1 billion Bitcoin purchase, adding to its 190,000 BTC holdings, signaling strong institutional crypto demand in 2024.
XRP surges 120% in Latam portfolios per Bitso 2023 report
Bitso reports XRP surged 120% in Latam portfolios, outpacing Bitcoin and Ethereum. Mexico and Argentina lead adoption, with Ripple gaining regulatory clarity.
Monero Faces 51% Attack Risk as Qubic Claims Network Dominance
Monero risks 51% attack as Qubic controls 42% of hashrate, raising security concerns for XMR and QUBIC networks on June 12.
IOTA DLT Foundation commits $10M to UAE and Africa tokenization by 2025
The IOTA DLT Foundation launched a $10M fund to boost tokenization in UAE and Africa, focusing on Ethereum and Bitcoin interoperability by 2025.
TRON (TRX) targets $0.45 breakout amid 15% weekly surge
TRON (TRX) approaches $0.45 resistance, with 15% weekly gains. Bitcoin and Ethereum influence market trends. TRX trading volume hits $300 million amid bullish sentiment.
USDC surpasses USDT on Ethereum as stablecoins hit $270B market cap
Stablecoins reached a $270B market cap with USDC surpassing USDT on Ethereum, marking a shift in dominance among dollar-pegged cryptocurrencies.
Bitcoin faces pullback risk amid 30% surge in Binance miner distributions
Bitcoin faces pullback risk as Binance miner distributions surge 30%, says analyst. BTC trades at $62,000 amid heightened market volatility.
Circle Arc blockchain supports 100B monthly USDC transactions on Ethereum and Solana
Circle launched Arc, a blockchain for stablecoins like USDC, processing 100B transactions monthly, enhancing efficiency for Ethereum and Solana users.
Do Kwon sentenced to 12 years and $19M fine for Terraform Labs fraud
Do Kwon receives 12-year sentence and $19M fine for fraud; Terraform Labs co-founder convicted in South Korea; LUNA collapse caused $40B losses.
