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Haru Invest Executives Arrested in $826 Million Crypto Embezzlement Case

South Korea prosecutors have detained three executives from the cryptocurrency yield platform Haru Invest, including its two co-CEOs, on serious charges of embezzlement. They are accused of misappropriating approximately 1.1 trillion Korean won (around $826 million) from about 16,000 users. This case has raised global concerns regarding the stability and transparency of the cryptocurrency sector, … Continue reading Haru Invest Executives Arrested in $826 Million Crypto Embezzlement Case

Pudgy Penguins Expands Retail Presence with New Toys in Walmart Stores

Nationwide Expansion Pudgy Penguins, known for its digital NFT collection, is scaling up its retail footprint with an expanded toy collection available in Walmart, the major U.S. retail chain. As of February 20, 2024, Pudgy Penguins has announced that its line of Pudgy Toys will be stocked in an additional 1,100 Walmart stores, making the … Continue reading Pudgy Penguins Expands Retail Presence with New Toys in Walmart Stores

Commodities Slump on China's Economic Headwinds

Commodity prices have fallen sharply in recent weeks amid concerns over slowing economic growth in China, according CME Group. The Bloomberg Commodity Spot Index, which tracks prices for 23 raw materials, has dropped over 9% since mid-April. China Impact Much of the decline has been driven by worries over weakening demand in China, the world’s … Continue reading Commodities Slump on China's Economic Headwinds

Portal Debuts on Binance Launchpool for BNB and FDUSD Farming

Portal (PORTAL), a cross-chain gaming platform, is launching on Binance Launchpool starting February 22nd. Users will be able to farm PORTAL tokens by staking BNB and FDUSD over a 7-day period. Binance announced Portal as the 47th project on its Launchpool platform. Launchpool allows users to earn new token rewards by staking BNB, BUSD, and … Continue reading Portal Debuts on Binance Launchpool for BNB and FDUSD Farming

Binance Expands Trading Options with Listing of BOOK OF MEME and Launch of BOME Perpetual Contracts

Binance, the world’s leading cryptocurrency exchange, has just announced the introduction of BOOK OF MEME (BOME) to its extensive list of tradable digital assets. The exchange will also be launching USDⓈ-M BOME Perpetual Contracts, offering leverage of up to 50x, further diversifying the options available to traders on its platform. As of March 16, 2024, … Continue reading Binance Expands Trading Options with Listing of BOOK OF MEME and Launch of BOME Perpetual Contracts

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