Two South Korean lawmakers have called for a full investigation into the KOK token after its value collapsed to almost zero. Victims have accused Korea’s largest newspaper of promoting the scam, sparking concerns about its role. The alleged cryptocurrency fraud has caused an estimated $3 billion in losses, affecting about 1.86 million investors worldwide. Korean…
October 3, 2024 at 02:20 PM GST updated: October 3, 2024 at 10:27 AM 2 mins read News Rep. Ro Khanna advocates for the U.S. to retain seized Bitcoin as a strategic reserve asset to enhance financial leadership. Khanna highlights Bitcoin’s advantages over gold, citing lower storage costs and resistance to foreign inflation. Khanna co-sponsored…
September 21, 2024 at 06:20 PM GST updated: September 21, 2024 at 05:19 PM 2 mins read News Charles Hoskinson expressed concerns over Trump and Harris’ unclear crypto policies and their potential impact on U.S. market regulations. Hoskinson warned that Trump’s involvement in decentralized finance could trigger regulatory backlash, risking market instability. Hoskinson noted a…