By Chayanika Deka A South Korean court has sentenced Jong-hwan Lee, CEO of a local crypto asset management firm, to three years in prison for manipulating cryptocurrency prices to secure illicit profits. The Seoul Southern District Court ruled on Wednesday that Lee violated the Virtual Asset User Protection Act, earning approximately 7.1 billion Korean won […]
Tag: CEO
By Aaron Watts Key highlights: Playnance has operated a live Web2-to-Web3 gaming ecosystem since 2020, onboarding mainstream users into on-chain environments without crypto-native tools. The platform integrates with over 30 game studios and processes around 1.5 million on-chain transactions each day across shared infrastructure. Most users originate from Web2 backgrounds, interacting with non-custodial, on-chain systems […]
By Emir Abyazov Bitcoin collapsed to $75,555, losing 40% from its all-time high and falling out of the top 10 global assets. Large-scale liquidations exceeded the levels seen during the FTX crash and the coronavirus meltdown. Bitcoin enters bear market amid political and macro risks Bitcoin left the top 10 global assets for the first […]