Yao Qian used virtual currency to trade regulatory powers for financial benefits.   He violated recruitment protocols, accepted luxury gifts, and misused public funds.   Authorities confiscated his illegal earnings and transferred the case for prosecution.  Yao Qian, a top Chinese crypto advocate and former regulatory official, was expelled from the Communist Party for corruption charges involving…

The total crypto market cap (TOTAL) and Bitcoin (BTC) continued their growth today, rising to new highs, with the latter crossing the $95,000 mark. However, altcoins surprisingly treaded in the opposite direction, with only Floki (FLOKI) making it out, rising by nearly 11% in the last 24 hours. In the news today: FTX co-founder Gary…

South Korea bans Bitcoin ETFs, citing investor protection, sparking regulatory criticism. Global crypto ETF adoption rises as South Korea enforces stricter investment rules. Restrictive policies may hinder South Korea’s role in the evolving digital asset market. South Korea has kept its crypto regulations in check yet again when it banned Bitcoin spot and futures ETFs…

Sydney, Australia, November 21st, 2024, Chainwire The GMT DAO, an independent community organization of GMT holders, is excited to announce the launch of the GMT Burn Initiative—an event designed to place the future of GMT firmly in the hands of its community. Through this initiative, GMT holders will vote on the decision to burn up…

DWF Labs, a Dubai-based Web3 investor and market maker, has launched a $20 million fund to support meme coin projects. The fund aims to back creative, community-driven crypto projects promoting inclusivity and interoperability. DWF Labs’ Impact on the Meme Coin Market The DWF Labs fund provides financial resources and strategic support to meme coins that…

[PRESS RELEASE – Sydney, Australia, November 20th, 2024] In the evolving world of cryptocurrency, JAXInu is combining the viral appeal of meme tokens with the transformative power of Regenerative Finance (ReFi). This blend, known as MemeReFi (MeFi), creates a platform that’s both engaging and focused on creating real-world impact. JAXInu offers investors a chance to…

[PRESS RELEASE – Sydney, Australia, November 21st, 2024] The GMT DAO, an independent community organization of GMT holders, is excited to announce the launch of the GMT Burn Initiative—an event designed to place the future of GMT firmly in the hands of its community. Through this initiative, GMT holders will vote on the decision to…

Bitcoin prices hit $97,765 in early trading in Asia on Thursday, Nov. 21, according to Tradingview on Bitstamp. The cryptocurrency has now gained a whopping 40% since Donald Trump’s presidential election victory earlier this month, adding more than $28,000 to its price. To put this into perspective, one BTC traded for around $28,000 in October…

[PRESS RELEASE – Tallinn, Estonia, November 20th, 2024] Following its global unveiling on the main stage of Binance’s Blockchain Week conference in Dubai, AI platform bitGPT is experiencing sizable growth across every vertical of the project, from active partnership conversations to the number of users currently testing its technology. bitGPT’s X and Telegram communities grew…

[PRESS RELEASE – Barcelona, Spain, November 20th, 2024] AIntivirus, a global initiative aimed at combating systemic corruption and promoting transparency, launches with a message rooted in the enduring legacy of John McAfee. The project, inspired by McAfee’s outspoken stance on accountability and digital security, seeks to create a more equitable and secure digital environment. A…