CHAMBERLAIN, S.D. — A Chamberlain man lost close to half a million dollars in an alleged cryptocurrency scam that began with an online conversation and led to multiple in-person cash handoffs. One suspect, 35-year-old Chee Yeng Wong, of Pasadena, California, has been charged with aggravated grand theft over $500,000, a Class 2 felony, in connection
The feds have charged a former top banker at Goldman Sachs and JPMorgan Chase with bilking investors out of more than $4 million — then gambling it all away while claiming he was building a cryptocurrency startup. Richard Kim, who had served as Goldman’s chief operating officer of global foreign exchange and emerging markets trading
OKB is the native cryptocurrency of the large crypto exchange OKX. Since last Friday, OKB (OKB -10.27%), the native cryptocurrency of the crypto exchange OKX, has risen close to 108% as of 1:22 p.m. ET Thursday. The main reason for the move is because OKX plans to eliminate tens of millions of OKB tokens. A
Cryptocurrency exchanges are the economy backbone of digital assets these days, as they are the primary spots for selling, buying, and exchanging cryptocurrencies. A new investor or an average trader, exchanges are a means to access a variety of coins, see prices in real time, and make trades with ease. Conveniently, though, as with everything,
Inflation concerns were re-ignited during U.S. morning hours Thursday, sending risk assets — crypto among them — sharply lower. The July Producer Price Index (PPI) rose 0.9%, blowing past estimates for 0.2% and 0.0% in June. On a year-over-year basis, PPI was higher by 3.3% versus forecasts for 2.5% and June’s 2.4%. Core PPI, which
Cryptocurrency exchanges form the foundation of the digital currency economy and are the primary points of entry institutions and individuals rely on to purchase, sell, and exchange cryptocurrencies. Cryptocurrency exchanges facilitate liquidity, price discovery, and market access in the dynamic setting of digital currencies. Although they share with conventional stock exchanges the role of offering
Elon Musk, the Tesla billionaire who has said he’d be backing bitcoin over the U.S. dollar, has withdrawn from bitcoin and crypto posting since helping to whip up the 2021 bull market. Sign up now for CryptoCodex—A free newsletter for the crypto-curious The bitcoin price, which crashed back from its 2021 highs before bouncing back
XRP and Shiba Inu are two of the more popular cryptocurrencies to watch. Many investors believe XRP has the potential to disrupt the international payments system. Shiba Inu is a meme token but now has a Layer-2 blockchain solution. 10 stocks we like better than XRP › All in all, the crypto market is having
Several cryptocurrencies have experienced significant losses over the past week. Here’s a summary of the top losers: Flappymoonbird (FMB): Price: $0.000646, a substantial 7-day decrease of -86.26%. The 24-hour volume is $132,261.2, with a decrease of -18.46%. Circulating supply is currently 0 out of a total and max supply of 1,000,000,000. Fame AI (FMC): Price:
A historic token burn is sending this crypto sky high. The crypto token OKB (OKB 119.73%) is exploding today, up 121.8% in the last 24 hours as of 3:45 p.m. ET, having gained as much as 192.3% earlier in that period. The jump comes as the S&P 500 and Nasdaq Composite were relatively flat. The