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2024-08-22

09:18

South Korean prosecutors conduct first investigation into former lawmaker Kim Nam-guk suspected of improper Cryptocurrency trading

Jinse Finance reported that according to Yonhap News Agency, South Korean prosecutors conducted the first investigation against former congressman Kim Nam-guk for possible illegal cryptocurrency trading activities during his tenure as a congressman. Earlier, there were reports that former congressman Kim Nam-guk held Virtual Money such as Wemix Coin, Mabrex, BORA, with a total value of up to 6 billion Korean won (approximately 4.48 million US dollars), which raised public suspicions about the source and use of his investment funds. He is also suspected of engaging in improper transactions using undisclosed information obtained from the gaming industry, profiting from buying coins at low prices.

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BORA-4.2%

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Crypto Calendar

Organizations such as the Blockchain Association urge the Trump administration to prevent JPMorgan from imposing a "punitive tax" on data access before July 29. These organizations warn that JPMorgan's plan to charge fees for accessing consumer banking data could result in millions of Americans losing their bank accounts and could undermine the adoption of stablecoins (USDC, USDT) and hosted wallets.

Conflux Token will host a community call on July 30th, featuring co-founders Fan Long alongside newly appointed chief technology officer Guang Yang. The agenda will include a recap of second-quarter developments, an overview of objectives for the third quarter, and an initial presentation of the network’s upcoming hard fork.

Star Atlas will host a community call on July 30th, during which a three-minute cinematic is scheduled for release.

Aurora Blocks Demo Day

Aurora will host the Aurora Blocks Demo Day on July 30th at 16:00 UTC. The event will feature five teams delivering five-minute pitches, each presenting a blockchain project rather than just an app. Participating teams include OptimaFi, Coiniseasy, Sproutly, Tradable, and Omega Network. The event highlights Aurora’s focus on scalable, real-world blockchain deployments.

Helium will hold a community call on Discord on July 30th at 16:00 UTC to outline forthcoming halving parameters, review major milestones and discuss planned initiatives; a live question-and-answer segment with core development teams is scheduled.