After tumbling 65% in 2022, Bitcoin (CRYPTO: BTC) has been a monumental winner this year. The world's leading digital asset has skyrocketed about 160% in 2023, a gain that beats the stock market's gains by a huge margin. As of this writing, this top cryptocurrency's price sits at about $43,700. However, I believe there's a very real possibility that it...
From the end of 2021 into mid-2022, the money faucet for crypto projects was on full blast. Startups raised $10.7 billion in the first quarter of 2022 alone, according to Crunchbase. But that stream turned to a trickle in 2023, as crypto founders raised approximately $6.7 billion across all four quarters. A regulatory crackdown from the U.S....
SEOUL: It reads like a K-drama plot: an ex-spy kidnaps a woman from an upscale district of Seoul over a crypto dispute, then kills her with drugs from a plastic surgery clinic. The case of purported spy-turned-hitman Lee Kyung-woo, who was sentenced to life in prison in October, has shocked South Korea, a safe and almost drug-free...
IPOH: A 70-year-old government retiree in Hutan Melintang has lost RM542,171 in a cryptocurrency investment scam. Perak police chief Comm Datuk Seri Mohd Yusri Hassan Basri said the victim lodged a police report on the matter at 4.34pm on July 30. Comm Mohd Yusri said the incident happened on Jan 8, when the victim was at his...
About 10 years ago, the concept of the “cryptocurrency market” did not exist yet, and now its capitalization is approaching the $2 trillion mark. To realize how much this is, let’s compare it with the US military budget for 2021, which is equal to $740 billion. Bitcoin was called a bubble, compared to the dot-com, the fate...
