Kwon, 34, pleaded guilty to conspiracy to defraud and wire fraud. US District Judge Paul Engelmayer delivered the sentence at a New York hearing, calling the case “a fraud of epic generational scale.”
Humanity Protocol ($H) Price Prediction 2026–2031: Can $H Reach Its Potential?
Humanity Protocol ($H) trades 64% below its ATH — but a Mastercard partnership, $50M in institutional backing, and a 2026 governance launch could reshape the decentralized identity narrative. Here's our full $H price prediction from 2026 to 2031.
Expert Insights
Markets
$418 Million Flows into India’s Alternative Payments Market: Report
The report notes that UPI has fully entered the mainstream. In FY25, the network accounted for 83% of India’s digital payment volumes and processed a staggering 185.8 billion transactions. This represents a 41.7% increase year-on-year.
Press Release
Web3 Gaming
Immutable Launches Mobile Gaming Division to Tap $121B Market
“A specialist taskforce, hell bent on breaking games into the $121bn mobile market,” Ferguson wrote on X (formerly Twitter). “Since April, we’ve already taken three games to the No. 1 rank on mobile stores. Now we want the charts to be dominated by Immutable.”
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Artificial Intelligence
Prosperr.io Raises $4 Million Seed Funding Led by Jungle Ventures to Build AI-Powered Tax Infrastructure
Prosperr.io builds AI powered tax management infrastructure aimed at simplifying compliance for individuals and enterprises operating across increasingly complex financial and regulatory environments.
Their Cashflow-linked financing is set to address gaps in India’s SME credit landscape.
Speaking at IBW, John O’Loghlen, Coinbase’s APAC director, described the reset as intentional rather than reactive. He noted that the company chose to “burn the boats”. It decided to remove all legacy Indian accounts to restart under a structure that aligns fully with domestic oversight.
The government said Maharashtra accounted for ₹293 crore of the FY25 TDS total, followed by Karnataka with ₹133 crore, underscoring the concentration of trading activity in India’s major technology and financial centres.
CoinSwitch said the handbook will be distributed across police stations and cybersecurity units to offer practical clarity on asset tracing, crime typologies, and compliance frameworks.
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