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After a wave of criticism over claims of an express UAE Golden Visa offer, the TON Foundation has set the record straight. In a terse statement, the organization denied government involvement in the project that offered applicants a 10-year Golden Visa for staking $100K worth of TON for three years. TON Foundation Clarifies Status Of
The post TON Foundation Confirms UAE Golden Visa Offer Is Not Official appeared first on CoinGape.
Two Russian crypto entrepreneurs were briefly kidnapped in Buenos Aires in yet another attempt to achieve a ransom in crypto. The criminals received $43,000 in ransom, fleeing to the UAE after releasing the couple.
Reportedly, neither of the victims was seriously injured, and an outside acquaintance paid the ransom. Interpol subsequently put out a red notice for the perpetrators’ arrest.
Local media coverage provides several key details about this incident. For example, all five of the story’s main actors are Russian citizens: the victims, kidnappers, and the outside friend who paid the crypto ransom.
The two unnamed victims lived in Palermo, a long-standing hub of Argentina’s crypto community. Still, a lot of information remains under wraps.
These Russian crypto entrepreneurs were led to their kidnapping by a dinner invitation, but it’s not clear if they had any previous relationship with their assailants.
In any event, the attackers tied them up shortly afterward, demanding a $43,000 ransom. Apparently, their friend paid this quickly in a single transaction.
Local reports don’t mention any serious physical harm, and the couple was rescued within 24 hours. The woman managed to call for help from the apartment’s balcony, leading the police to discover that the kidnappers had long since fled.
These men quickly made it to the nearest airport and flew to the UAE.
Now that Interpol is looking for these Russian kidnappers, their arrest will hopefully follow. In an interesting twist, Judge María Romilda Servini was appointed to supervise the criminal case.
Judge Servini has appeared in several crypto-related prosecutions, ordering scrutiny of President Milei and consulting on Hayden Davis’ arrest warrant.
Crypto kidnappings are on the rise worldwide as a disturbing trend develops. An Italian millionaire was tortured in the US, and a crime ring orchestrated several violent attacks in France.
These Russian kidnappers only asked for a comparatively small crypto ransom, but they got their money. If the authorities don’t arrest them soon, this success could inspire even more copycats.
The post Russian Crypto Entrepreneurs Kidnapped in Argentina for $43,000 Ransom appeared first on BeInCrypto.
The post Kraken Exchange to List Binance Coin $BNB on April 22 With Four Trading Pairs appeared first on Coinpedia Fintech News
In a surprising move to crypto traders, Kraken Exchange had not listed Binance Coin (BNB) until now. Earlier on Thursday, Kraken Exchange announced that deposits and withdrawals of BNB are enabled ahead of the April 22 listing.
Kraken Exchange will list BNB against the U.S. dollars, the EUR, USDC, and USDT. However, Kraken Exchange announced that geographical restrictions will be imposed where applicable.
The announcement attracted different reactions from the crypto community. While some were surprised that Kraken had not listed the fifth largest crypto assets by market cap, Binance co-founder Changpeng Zhao said that ‘BNB is a memecoin’.
The listing of BNB at Kraken Exchange was strategic after years of existence. On the top list, BNB has gained significant regulatory clarity in the past few years, led by the United States. Under the Donald Trump administration, Kraken Exchange has also expanded its services offering to compete with other similar firms.
The adoption of BNB has grown significantly in the past few years, bolstered by the Binance exchange. Moreover, the rising on-chain activity for the BNB chain has helped burn over 60 million tokens worth over $34 billion.
Since the beginning of 2025, BNB price has closely followed Bitcoin price action. The large-cap altcoin, with a fully diluted valuation of about $86 billion and a 24-hour average trading volume of about $526 million, has shown significant market resilience amid the ongoing global trade war.
In the daily timeframe, BNB price has been forming a potential reversal pattern since the second inauguration of Trump. Notably, BNB price has established a robust support level above $520, coupled with a bullish divergence of the Relative Strength Index (RSI).
The post Kraken Exchange to List Binance Coin $BNB on April 22 With Four Trading Pairs appeared first on Coinpedia Fintech News
BNB has shown significant market resilience similar to Bitcoin in the recent past catalyzed by rising demand. Bullish sentiment has been building up for the BNB price in the last three months, but it could be delayed if the support level at $520 is breached. In a surprising move to crypto traders, Kraken Exchange had …
Onyxcoin has struggled since reaching a year-to-date high of $0.04 on January 26. It has since shed over 70% of its value to trade at $0.011 at press time.
However, the renewed optimism in the broader crypto market is shifting sentiment toward XCN, setting it up for a recovery.
On-chain data suggests that demand for long positions is increasing, hinting at a resurgence in traders’ confidence. At press time, XCN’s long/short ratio is at 1.35, its highest in over 30 days.
The long/short ratio measures the proportion of long positions (bets on price increases) to short positions (bets on price declines) in the market. A ratio below one means there are more short positions than long ones. Conversely, a ratio above one suggests that traders are taking more long positions, signaling a bullish outlook on the asset.
When the ratio is this high, traders expect the price to rise, increasing the buy orders in the market. If this continues, it will drive up XCN’s demand and, as a result, its price.
Additionally, the token’s weighted sentiment is positive, further reinforcing the notion that investors’ confidence in XCN’s short-term recovery is increasing. At press time, this on-chain metric stands at 0.82.
An asset’s weighted sentiment measures its overall positive or negative bias, considering both the volume of social media mentions and the sentiment expressed in those mentions.
When it is positive, it is a bullish signal. It indicates a growth in positive bias toward XCN, which could prompt its investors to increase their trading activity, driving up its value.
On the daily chart, XCN is poised to break above the upper trend line of the descending channel which has kept its price in a decline since January 26.
If successful, the bullish breakout could propel the token’s price to $0.022, a high it last reached on February 18.
If the downtrend persists, XCN could fall below the lower trend line of its descending channel which forms support at $0.0085. In this scenario, its price could drop lower to $0.0075.
The post Onyxcoin’s (XCN) 70% Drop Could Mark the Bottom as Bullish Sentiment Resurfaces appeared first on BeInCrypto.