Adam Forsyth

Bithumb CEO Booked in South Korea Bribery Probe Over Lawmaker’s Son Hiring

Investigators believe the lawmaker’s criticism of rival exchange Dunamu may have been tied to his son’s employment at Bithumb. South Korean police are investigating Bithumb CEO Lee Jae-won over bribery allegations linked to hiring people connected to independent lawmaker Kim Byung-ki. According to Yonhap News, the Seoul Metropolitan Police Agency’s Public Crime Investigation Unit…

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MassPay joins Coinbase to challenge costly cross-border wires

MassPay has partnered with Coinbase to integrate stablecoin funding and settlement into its cross-border payout network, giving enterprise customers access to USDC-based payments across 180 countries. Summary MassPay has integrated Coinbase’s payment infrastructure to enable USDC-powered cross-border payouts across 180 countries. Corporate clients can fund in USD, convert to USDC through Coinbase, and distribute payments…

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XRP’s Weak Recovery Points to More Downside Ahead

XRP has entered a crucial support region after suffering an aggressive selloff over the past two weeks. While buyers have managed to prevent a deeper breakdown for now, the asset remains trapped within a broader downtrend, leaving the current rebound vulnerable unless key resistance levels are reclaimed. Ripple Price Analysis: The Daily Chart The daily…

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AudiA6 operators charged in U.S. over alleged $389m crypto laundering network

Federal prosecutors have charged two alleged operators of a cryptocurrency laundering service that processed more than $389 million in transactions and received over 10,000 Bitcoin since launching in 2021. Summary U.S. prosecutors charged two alleged AudiA6 operators after tracing more than $389 million in cryptocurrency transactions through the laundering service. Authorities said the network received…

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