Curve Finance is evaluating a proposal to reduce its reliance on the stablecoin TUSD following the resolution of U.S. Securities and Exchange Commission (SEC) charges against Trusttoken Inc. and Truecoin LLC, the companies behind the dollar-pegged token. TUSD Faces Removal From Curve Finance Pegkeeper The proposal, authored by Wormhole Oracle, suggests slashing the debt ceiling […]

Bitcoin stash now worth $5,189,542, marking 11,507% increase

Brink, a non-profit focused on funding open source Bitcoin development published its annual report detailing over $1 million in donations to Bitcoin developers in 2023. It was founded in 2020 by renowned Bitcoin developers John Newbery and Mike Schmidt, aims to provide financial support and mentorship to promising developers working on open-source Bitcoin development. In the report […]

The founders of analytics firm Glassnode believe that the time is getting close for when altcoins will start to outperform Bitcoin (BTC). Jan Happel and Yann Allemann, who go by the handle Negentropic, tell their 63,200 followers on the social media platform X that altseason may arrive once Bitcoin breaks out of its all-time high […]

The Financial Services Commission (FSC) of South Korea announced today (Wednesday) that it has approved the creation of a nonprofit organization aimed at protecting virtual assets for consumers in the event that a cryptocurrency exchange goes out of business. FSC Establishes Asset Protection Foundation The organization, provisionally named the Digital Asset Protection Foundation, will be […]

TapSwap Daily Code is a widely popular tap-to-earn game accessible via Telegram, boasting millions of players. Users earn points by tapping a gold …

Chainlink whales are once again on the move in what seems to be a general reawakening. Large transactions on the blockchain network have ballooned recently, alongside a drastic increase in active addresses, hinting at a notable development. Therefore, in this report, we take a look at the significant increase in whale transactions and active addresses, […]

Hamster Kombat announced that it plans to buy back tokens and distribute them to players regularly. 

At a finance summit, 70% of advisors showed interest in crypto, a significant increase from previous years. Despite their own crypto investments, few advisors report similar allocations for their clients. Bitwise’s Matt Hougan predicts client crypto investments will rise soon, following advisor trends with a 6-12 month lag. A shift towards crypto in traditional finance […]

Six hours ago, a Galaxy Digital-associated address withdrew 9.03 million ENA tokens from FalconX, valued at approximately $2.56 million USD. 六小时前 Galaxy Digital 关联地址从 #FalconX 提出 903 万枚 $ENA ，价值 256 万美金 随着大盘反弹，ENA 币价近七日涨幅达 32.51%，现价 $0.2762 看能不能稳住到第二期空投发放的时候 钱包地址 https://t.co/zdToxqXkJA pic.twitter.com/VJ27bPTJ0T — Ai 姨 (@ai_9684xtpa) September 24, 2024 This move comes as the market rebounds, with […]

TL;DR Shiba Inu (SHIB) surged 4% in an hour, reaching $0.00001542, and its market cap exceeded $9 billion. The rally could be potentially linked to reduced exchange supply and Shibarium’s milestone of processing 7 million blocks. Shiba Inu (SHIB) has gained momentum lately as its price continues to reach new local tops. It has spiked […]

The U.S. Securities and Exchange Commission (SEC) announced settled charges against crypto companies Trusttoken Inc. and Truecoin LLC. The charges allege fraudulent misrepresentations and unregistered sales of investment contracts related to the stablecoin trueusd (TUSD). U.S. Securities Regulator Charges Crypto Companies Trusttoken and Truecoin According to the SEC’s complaint released on Tuesday, Truecoin and Trusttoken […]

Prominent analyst Gert van Lagen predicts Bitcoin could skyrocket to $300,000, driven by powerful bull patterns and big price breakouts

A few days ago, a new initiative promoted by Prime Minister Netanyahu was announced – removing 200 shekel bills from circulation, as a first step to abolish cash altogether within a few years. The official excuse? fighting financial crimes and black money in the Arab society. As expected, this move – identical to India’s move […]

Layer-1 modular blockchain Celestia (TIA) is soaring after the project’s foundation raised $100,000,000 to support the ecosystem. According to the Celestia Foundation, the nonprofit group set up to support the TIA network, the $100 million fundraising was led by Bain Capital Crypto. Other groups contributing to the funding included Syncracy Capital, 1kx, Robot Ventures and […]

One of the top officials at the U.S. Securities and Exchange Commission (SEC) thinks the regulator needs to change course in terms of the way it approaches crypto. SEC Commissioner Mark Uyeda tells Fox Business that hasn’t laid out adequate rules to spur innovation in the sector. “We have not provided the rules of the […]

TL;DR INX and Backed expand their tokenized stock offering on the Polygon blockchain for non-US investors. Tokenized assets include companies like Tesla, Microsoft, and GameStop, backed 1:1 by real stock. New options, such as an S&P 500 ETF and Apple stock, will be added in the coming weeks. INX, a security token and real-world asset […]

TL;DR Ripple has issued two batches of its RLUSD stablecoin as part of its pre-launch testing. In total, 970 RLUSD were issued and 100 tokens were burned. Ripple aims to position itself in the stablecoin market, which could reach $2.8 trillion by 2028. San Francisco-based blockchain company Ripple continues to advance the development of its […]

Cryptocurrency exchange Kraken partnered with Bundesliga RB Leipzig in a sponsorship deal aimed at driving crypto adoption among German football fans. According to the official announcement, this collaboration will give fans an opportunity to engage with the football club through digital innovation and crypto education. Strengthening Fan Engagement The two entities also mentioned that the […]

Staff Sgt. Brian Lamb said these scams typically involve a call from a person posing as a legitimate investment firm or website that appears to …

SUI is on the brink of a key moment as it prepares to retest the $1.45 level following a successful breakout. The recent surge has positioned the cryptocurrency for a crucial test, where the bulls must step in to defend this newfound support. With the breakout still fresh and momentum hanging in the balance, the battle […]

Seattle’s medical marijuana vendors accept crypto, residents don’t file income tax returns here, and the Governor signed a blockchain bill.

Our partnership is focused on fusing the crypto ecosystem with the RB Leipzig fan experience to provide interactive opportunities for fans. Underpinned by an emphasis on educating new audiences about crypto, both sides are collaborating to unleash crypto’s full potential and inspire new ways for German fans to deepen their connection to the club. In […]

Arthur Hayes’ family office fund has unloaded a huge chunk of its position in the decentralized finance (DeFi) altcoin Pendle (PENDLE). Hayes sold 1.59 million PENDLE for $5.62 million at an average price of $3.52 over a two-day period, resulting in a loss of $1.29 million, according to the crypto tracker Lookonchain. Lookonchain also notes […]

The chair of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, is reportedly highlighting what he thinks is wrong with the cryptocurrency industry. Gensler says the crypto industry is “rife with fraud and hucksters and grifters,” reports BBC. The report further cites Gensler saying that investors around the world have “lost too much money” […]

SEC greenlights options trading for BlackRock’s IBIT, enhancing liquidity and drawing institutional interest. Ethereum ETF options face a delay as the SEC postpones its decision. Analysts predict a potential gamma squeeze for Bitcoin funds, akin to the GameStop short squeeze. The Bitcoin derivatives market shows growth potential, though it remains significantly smaller than traditional markets. […]

Caroline Ellison, ex-CEO of Alameda Research, was sentenced to two years in prison for her role in the FTX fraud, despite cooperating with prosecutors. Judge Lewis Kaplan, who also sentenced FTX founder Sam Bankman-Fried to 25 years, emphasised the seriousness of her actions, rejecting a “get-out-of-jail-free card”. Ellison’s cooperation was crucial in convicting Bankman-Fried.  However, […]

Bitcoin is now firmly in control of the cryptocurrency market, accounting for 73% of the total market share, a 6% increase in 2024 alone, according to analytics from Bitcoin. Investors have been steadily shifting from Ethereum to Bitcoin, driving the ETH/BTC ratio to its lowest point since April 2021. While Ethereum has only seen a […]

XRP’s volatility decreased this week, and the price has been moving sideways. Key Support levels: $0.54 Key Resistance levels: $0.60, $0.68 1. Price Consolidates XRP is consolidating in a flat trend under 60 cents. So far, buyers failed to break this level and turn it into a key support. While momentum remains neutral, bulls could […]

North Korea may be ramping up efforts to align itself with the BRICS economic bloc, as its top diplomat skipped the United Nations General Assembly in favor of a BRICS-related event. Analysts suggest that while Kim Jong-un seeks to break diplomatic isolation through such alliances, North Korea’s sanctions and economic constraints make membership unlikely. Recent […]

Binance’s futures market structure is changing, and it can greatly alter Bitcoin

NEW YORK (AP) — Former FTX cryptocurrency executive Caroline Ellison is sentenced to two years in prison for fraud. Sep 24, 2024 …