Cryptocurrency Daily Thefoxposts.com

The cryptocurrency market witnesses the arrival of several new assets. From meme coins to decentralized assets, the industry is home to thousands of coins. While some fail to make noise, a few others capture the attention of the entire market. One such cryptocurrency that has left the community confused is Pi Coin (PI). The fairly new asset caught the eye of the market as it jumped to an all-time high of $2.98 just days after its launch. But currently, PI is trading 70% below this peak, leaving investors with increased losses. Is there a chance of redemption for the altcoin? Also Read: BlackRock Bitcoin ETF Soars as Abu Dhabi and Hong Kong Investors Pump Over $1 Billion How Far Is Pi Coin From The $1 Mark? Source: Watcher Guru Pi Coin emerged as a top performer earlier this month. The asset has surged by nearly 50% over the past 30 days. During this period, PI went from trading at a low of $0.5631 all the way to a high of $1.62. This upward streak was, however, broken. At the time of w...

Singapore an police have released pictures showing the results of a police raid that saw S$1 billion ($735 million) worth of assets , including luxury cars, expensive collectibles, and an unspecified amount of Crypto seized from 10 foreign nationals suspected of money laundering. The August 15 operation involved more than 400 officers and saw prohibition of disposal orders placed on 94 properties and 50 vehicles with an estimated value of roughly $600 million. Police also seized $17 million worth of foreign currencies, 35 bank accounts worth more than $80 million, over 250 luxury watches and bags, more than 120 electronic devices, and two gold bars. It’s believed that the arrested individuals were attempting to launder the proceeds of a number of illegal activities, including scams and online gambling. Images released by the Singapore Police Force. Read more: Police bust Aussie crypto scam, seize Ferrari, watches, weapons A 33-year-old Cambodian man was also foun...