Source: spaxiax/AdobeSouth Korean police have arrested a man they suspect of stealing cash as part of a bogus over-the-counter (OTC) crypto exchange.Per the broadcaster KBS, police officers in the town of Icheon, Gyeonggi Province, said they had arrested a man “in his 20s” on theft-related charges.Officers said that the man…

Source: JYPIX/AdobeSouth Korea’s Incheon says it has confiscated $375,000 worth of cryptoassets from “tax-evading” residents who tried to hide their earnings in token wallets.Per the media outlet Newsis, the city collected the combined sum from 298 people.The media outlet noted that the city “confiscated virtual currencies such as Bitcoin (BTC).”Citizens…

Source: promesaartstudio/AdobeAround 290,000 South Korean public sector workers will be forced to declare their crypto holdings starting from February.Per Maeil Kyungjae, the Ministry of Personnel Management has declared that the rule will also apply to employees’ spouses and next of kin.The development follows a recent ministry announcement that high-ranking public…

While the MINA price has been rallying since December 19, Bitcoin Minetrix presale has surpassed expectations, reaching $7.1 million in crypto presale round. Image by Kerem Goktug Kaya, DALL-E 3.Mina Foundation‘s MINA has been performing well since December 19, which can be attributed to a series of fundamental developments that…

The volatile world of meme-based cryptocurrencies has witnessed surprising ups and downs. Shiba Inu (SHIB), known as the “Dogecoin killer,” gained attention in 2021 by briefly overtaking Dogecoin (DOGE) in the market cap. However, its momentum has waned in 2022 and 2023.Despite its $7 billion market cap driven by community…

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Source: Adobe/Photocreo BednarekNASDAQ-listed Bitcoin mining firm Cipher Mining Inc. has announced the purchase of 37,396 units of the latest Bitmain Antminer T21 series.Making the announcement in a press release, the company disclosed that this acquisition amounted to approximately $99.5 million.Regarding the value of these cutting-edge miners, Cipher Mining explained that…

Source: Eagle/AdobeThe former Governor of China’s central bank, Dai Xianglong, has insisted that China needs to “lead the world’ in CBDC adoption, as the nation’s digital yuan pilot continues.Per a Weibo post from the media outlet Finance iFeng, former People’s Bank of China (PBoC) chief Dai said that the move…

Source: PexelsTaiwanese law enforcement has initiated an investigation into online influencers and community members involved in promoting a Polymarket contract related to Taiwan’s upcoming election. According to a report from Taiwan-based media outlet BlockTempo, the country’s authorities have sent subpoenaes to several influencers and individuals within the crypto community.Polymarket allows users to place…

Source: Adobe StockBitcoin (BTC) chart analysis suggests the price has formed a key short-term technical pattern that could be a harbinger of extreme volatility ahead, with quick dump to $38,000 or pump towards $48,000 possible depending on how the pattern is broken.Amid its consolidating back from the year-to-date highs near…