South Korean P2P CEO accused of using client funds to buy crypto

The CEO of a major South Korean P2P lender has been accused of using funds for a construction project to make personal crypto purchases. According to a report by local media outlet NBN Media, an unnamed investor and private equity fund operator has been investing money into the P2P financial lender’s construction project since 2018. […]

Banks able to serve crypto customers, BTC up 3%

Bitcoin bounced after comments from U.S. Federal Reserve Chair Jerome Powell at the FOMC meeting signaled that banks are allowed to serve crypto clients. Crypto markets initially had a muted reaction to the Federal Open Market Committee’s decision on Wednesday, Jan. 29, to keep interest rates unchanged. The Fed maintained its 4.25% to 4.50% federal […]

Bitcoin’s early adopters hit big in 2017, this crypto aims to do it faster

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Lightchain AI, a new crypto, aims to grow and provide returns faster than Bitcoin. Bitcoin (BTC) took nearly eight years after its launch in 2009 to create its first wave of millionaires. Today, the […]

Trump media to allocate $250m to crypto, fintech expansion

President Donald Trump’s media firm has launched Truth.Fi to expand into financial services and cryptocurrency investments like Bitcoin. Billionaire entrepreneur and two-time U.S. president Donald Trump has furthered his crypto ambitions by launching Truth.Fi through his media company, Trump Media & Technology Group. A Jan. 29 press release said Truth.Fi will allocate up to $250 […]

More than half of Gen Z owns crypto: Gemini

More than half of Gen Z adults currently own or have previously owned cryptocurrency, according to Gemini’s 2024 State of Crypto report. The survey, conducted across five countries and shared with crypto.news, highlights that younger investors are more actively engaged in digital assets compared to older generations. The findings suggest that Gen Z’s approach to […]