The Commodity Futures Trading Commission (CFTC) has filed a civil enforcement action against Francier Obando Pinillo, a pastor from Pasco, Washington, accusing him of running a fraudulent cryptocurrency Ponzi scheme worth at least $5.9 million. The complaint names Pinillo and his associated businesses, Solanofi, Solano Partners Ltd., and Solano Capital Investments, collectively known as the […]
Key Takeaways: High performance and security: Move Network is a Layer-2 on Ethereum using the Move programming language to achieve high transaction speed at 30k+ TPS and best security compared to other solutions. Ecosystem: More than 60 decentralized applications have already been working on testnet, and with support from such leading investment funds as Polychain […]
Crypto industry insiders like Justin Sun are questioning Coinbase’s token listing criteria following the exchange’s decision to delist wBTC in November.
Toncoin has entered a period of consolidation, with its price moving within a narrow range of $6.2 and $6.5 as the market weighs its next move. As the cryptocurrency stabilizes, will Toncoin break to the upside, setting the stage for a fresh rally, or will it falter and dip lower, testing crucial support levels? This […]
Morgan Stanley’s wealth management arm will pay a multi million-dollar penalty after allegedly failing to stop four former financial advisors from stealing cash from customer accounts. The U.S. Securities and Exchange Commission (SEC) is charging Morgan Stanley Smith Barney (MSSB) for failing to adopt measures and policies that could have prevented four ex-financial advisors from […]
New data from market intelligence platform Santiment reveals that Chainlink (LINK) is leading the real-world assets (RWA) sector in terms of recent development activity. In a new post on the social media platform X, Santiment says the nascent sector is being led by the decentralized oracle network followed by Ethereum (ETH)-based synthetic asset creator Synthetix […]
As blockchain technology evolves and acquires new use cases, it becomes imperative to work on developing infrastructures that combine speed, efficiency, and decentralization. This has led to the creation of specialized solutions like Sei Network, a layer 1 blockchain optimized for exchanges. This network has tools designed to overcome the traditional limitations of decentralized finance […]
The South African financial regulator has issued 248 of the crypto asset service provider licenses it has received to date. 9 Applications Rejected The South African financial regulator, the Financial Sector Conduct Authority (FSCA), has issued a total of 248 crypto asset service provider (CASP) licenses from the 420 applications it received. According to a […]
Former prime minister of Thailand has voiced staggering Bitcoin price outlook
He converted most of the cryptocurrency into U.S. dollars, transferred the money to multiple bank accounts and used it to pay for personal …
Excluding memecoins, there are currently tens of thousands of cryptocurrency tokens and coins, with more being developed every day.
Key Takeaways: Revolutionary Performance Upgrade: Grevm 1.0 significantly enhances scalability and performance by leveraging Rust’s programming advantages and parallel architecture. Strategic Ecosystem Investment: A $50 million fund aims to boost developer engagement and attract high-quality projects to Gravity. Decentralized Vision and Challenges: While Gravity promises seamless multi-chain integration, overcoming intense competition and ensuring security remain […]
An ancient Bitcoin investor is going to spend the next two years in prison after underreporting his BTC gains, according to the U.S. Department of Justice (DOJ). In a new press release, the DOJ says that Frank Richard Ahlgren III of Austin, Texas failed to accurately report the capital gains he earned after selling $3.7 […]
Web3Bay Fuses Classic E-Commerce with Web3 – Insights on NEAR Protocol & Tron’s Expansion Market analysts predict strong upward movement for leading digital currencies such as Near Protocol (NEAR) and Tron (TRX) this November. NEAR has captured increased investor attention following Donald Trump’s recent victory, highlighting its growth potential. Concurrently, Tron is experiencing robust growth, […]
Solana (SOL) has been in the news over the last few weeks, albeit for different reasons. The popular altcoin was one of the many benefactors of a Donald Trump presidential victory, rising by 67.69% in three weeks after November 5 to reach a new-all time of $263. However, this price surge has been followed by […]
XRP is trading at $2.41, with an intraday range of $2.38 to $2.52, a market cap of $137.70 billion, and a 24-hour trading volume of $8.77 billion, highlighting a phase of consolidation. XRP On the 1-hour chart, XRP shows a short-term downtrend following a retreat from a local high of $2.531 to its current level […]
When can traders expect increased volatility from XRP?
Anthony Joseph Evans, of Tucson, admitted to transferring $56000 in crypto funds to his own bank accounts while working for the secret service.
“Hong Kong’s ‘one country, two systems’ framework lets it explore digital asset innovation more freely,” Ivan Ivanov told Cointelegraph.
Dubai, United Arab Emirates, December 13th, 2024, Chainwire Prosper, a decentralized protocol democratizing access to Bitcoin mining by tokenizing institutional-grade Bitcoin hashrate as omnichain real-world assets (RWA), today announced the acquisition of over 7,000 ASIC miners from BITMAIN along with the successful closing of its strategic funding round. Backed by Metalpha, Waterdrip Capital, BIT Mining, […]
A total of $7 trillion is now fully sidelined as a group of investors refuse to pour their cash into risk assets, according to a new report. New figures show the amount of capital sitting on the sidelines in money market funds is at a fresh record high, reports Reuters. Money market funds allow people […]
Ethereum is attempting to break above the critical $4,000 level as it edges closer to its all-time high. The market has shown skepticism regarding Ethereum’s performance in this cycle, with some analysts predicting it might underperform compared to previous bullish phases. Despite this doubt, Ethereum has proven its resilience, consistently finding demand at key support […]
Starting this month slightly weak, Virtual located a solid ground level and regained momentum. This brought the bulls back in action and now leads today’s altcoins rally following a 25% gain in the last 24 hours. Virtual has been on the bulls’ radar for more than three months, and as it stands, it showed no […]
A Massachusetts man, Alan Joseph, 36, has been convicted of operating an unlicensed money transmission business and laundering funds after converting cash linked to counterfeit goods into bitcoin, Homeland Security Investigations (HSI) announced on Thursday. Convicted on Nov. 22, following a five-day jury trial, Joseph was found guilty of facilitating illegal cash-for-crypto transactions, including a […]
Bitcoin surpassed $102,000 for second time this week
… fence about cryptocurrency. The crypto market is notorious for its volatility, and the price of Bitcoin can gyrate wildly on a day-to-day basis.
Despite having no intrinsic value, memecoins have created many new millionaires among crypto investors.
New data from market analytics firm Glassnode reveals that traders are keeping their Solana (SOL) stacks amid expectations that its price will continue to rise. In a new thread on the social media platform X, Glassnode says that long-term holders now own a significant supply of SOL, believing that Solana’s bullish phase is far from […]
TL;DR Binance listed two new tokens: VELO and VANA, causing a price increase for both, highlighting the platform’s influence in the crypto market. Velodrome is a high-liquidity DEX on the Optimism network, with a 103% price increase after the announcement, reaching a trading volume of around $405 million. Vana is an Ethereum-compatible Layer-1 blockchain token, […]
The founder and chief executive of the crypto advocacy group The Digital Chamber has a big Bitcoin (BTC) price prediction for 2025. Crypto lobbyist Perianne Boring tells Fox Business in a new interview that President-elect Donald Trump’s future approach to the sector could send BTC skyrocketing close to $1 million. “The stock-to-flow model says it’s […]
A recent report by a CryptoQuant analyst, known as Crazzyblockk has explored the implications of Bitcoin inflow metrics at Binance and their potential impact on market sentiment. The analysis offers insights into how short-term and long-term participants view the current state of the market. The analysis also comes as BTC’s price maintains its price above […]
Sheila Warren, CEO of the crypto advocacy group Crypto Council for Innovation, announced her decision to step down just a month before the Trump administration takes office.