Texas apparel company Beba and the Defi Education Fund (DEF) have announced a legal complaint against the U.S. SEC. They allege that the SEC has violated Administrative Procedure Act procedures by adopting an encompassing crypto policy without an official rulemaking process. Additionally, the plaintiffs seek to clarify that a token airdropped to its users does […]
A top U.S. prosecutor announced criminal charges Tuesday against a once-ascending company in the cryptocurrency world and two of its founders in a …
Most altcoins on the Real World Assets (RWA) zone are gaining traction alongside ONDO witnessing an impressive rally in the past week. It has encountered resistance and currently looks weak on the day. Ondo appears highly bullish after increasing by over 10x since it was launched on Kucoin and other crypto exchanges earlier this year. […]
Amidst a broader market rebound, several DeFi-related projects appear to be bustling with development activity. Topping the list is Cosmos-based decentralized exchange Osmosis, which experienced a notable surge in development activity, emerging as the leading DeFi project over the past month. Osmosis Leads DeFi Development According to the data shared by Santiment, Osmosis recorded more […]
The US Securities and Exchange Commission (SEC) is seeking nearly $2 billion in fines and penalties from Ripple Labs, the crypto company’s CEO and Chief Legal Officer revealed with a social media post yesterday (Monday). Heavy Penalties on Ripple According to a tweet by Ripple’s Chef Legal Officer, Stuart Alderoty, the regulator has already asked […]
Renowned XRP analyst EGRAG has ignited a firestorm of excitement and skepticism with his bold prediction for the cryptocurrency. EGRAG, known for his bullish XRP stances, is calling for a potential 90% surge in the near future, with a target price of $1.20. This forecast hinges on a technical pattern identified by EGRAG – a […]
March 26, 2024 – Tallinn, Estonia This first MarketingFi utility token will launch within the Cookie3 ecosystem – COOKIE represents digital marketing value passed on to users who drive projects forward instead of on advertising giants like Google or Facebook. Cookie3, a MarketingFi protocol and AI data layer, has just announced that COOKIE – the […]
The U.S. Department of Justice (DOJ) and the Commodities Futures Trading Commission (CFTC) have announced the unsealing of an indictment against crypto exchange KuCoin and two of its founders. In a statement from the U.S. Attorney’s Office in the Southern District of New York, U.S. Attorney Damian Williams and Darren McCormack, the Acting Special Agent […]
TL;DR Angle, a decentralized finance (DeFi) protocol, has launched its own stablecoin called USDA, backed by the US dollar. USDA will offer a savings solution, liquidity comparable to USDC, anti-takeoff mechanisms, and lending/leveraging features. Angle also aims to establish a currency exchange (forex) hub on the blockchain, allowing seamless conversion between the dollar and the […]
TL;DR US justice indictment against KuCoin and its founders for violating the Bank Secrecy Act and operating without a license. KuCoin involved in money laundering and terrorist financing, with movements of billions of dollars. Founders face up to five years in prison; Associated entities could receive sentences of up to ten years. The United States […]
Badgerdao, in partnership with Lido, has unveiled eBTC, an ether-backed synthetic bitcoin token aimed at enhancing the decentralization and capital efficiency of borrowing bitcoin in the decentralized finance (defi) space. Badgerdao and Lido Forge Partnership to Launch eBTC Badgerdao, a decentralized autonomous organization (DAO) committed to integrating bitcoin (BTC) into defi, has announced the launch […]
In 2023, Bitdeer bought 31 acres of light-industrial zoned property in southwest Massillon for about $1.6 million for proposed cryptocurrency …
The crypto firm behind USDT, the biggest stablecoin by market cap, is expanding its focus to artificial intelligence (AI) technology. In a new press release, Tether announces they are expanding their AI focus and operations. Tether says its commitment to innovative technology has led the firm to step into the AI space “to champion transparency and privacy […]
An early crypto investor is filing a lawsuit in an attempt to recover a wallet containing $560 million in Bitcoin (BTC). According to a new Daily Mail report, James Howells accidentally threw away 8,000 Bitcoin a decade ago but is now hoping a lawsuit could help him retrieve them. His partner at the time reportedly […]
The crypto market is experiencing a rally, with ICP and AR among the top performers, showing significant gains. ICP soared 40% in a week, fuelled by blockchain-based AI developments, highlighting its potential ahead of a web3 festival. AR rose nearly 30% after launching a testnet for aoTheComputer, offering scalable, decentralised computing via holographic state. The […]
The European Securities and Markets Authority (ESMA) has taken significant steps towards regulating the crypto-asset industry by publishing its first final report and launching a third consultation package under the Markets in Crypto-Assets Regulation (MiCA). ESMA Finalizes First Rules for Crypto-Asset Service Providers In its first final report, ESMA has outlined proposals on the information […]
El Salvador, the first country to make Bitcoin legal tender, and to adopt a Bitcoin investment strategy for its national treasury, has now accumulated over $400 million worth of Bitcoin. President Nayib Bukele led the effort to pass a law making Bitcoin legal tender in 2021. Since then, the country has purchased Bitcoin through daily […]
Crypto investment products have finally registered a week of outflows after seven weeks of consecutive strong inflows and two weeks of breaking records after records. In fact, data has shown that these investment products have now set a new record for the most outflows in a week, extending the run of record creation. According to […]
Ethereum ETH is up again as it follows Bitcoin’s movement after correcting by roughly 20% in the past week. It has formed another bullish pattern and is now jerking up for a new rally on the daily timeframe. Two weeks ago, Ethereum tapped the $4,094 level after trending bullishly for months. It failed to sustain […]
[PRESS RELEASE – Sollefteå, Sweden, December 20th, 2023] The Gaming Landscape: An Ongoing Struggle Gaming, an essential part of global culture, connects over a billion people worldwide through entertainment, escape, and social interaction. However, within this vast realm of gaming platforms and titles, a perpetual battle for dominance, revenue, and player engagement persists. Gamers encounter […]
Solana (SOL), fifth largest cryptocurrency by market cap, has increased in value in recent weeks
A closely followed trader says we “haven’t seen anything yet” as far as a crypto bull run, and is anticipating rallies for several altcoin projects. Pseudonymous trader Criptopaul tells his 145,000 followers on the social media platform X that digital assets are edging toward a “parabolic phase” which will likely begin by Ethereum (ETH) outperforming […]
Binance’s African regional manager is on the run from Nigerian authorities as the country targets the crypto exchange with tax evasion charges. Earlier this month, two Binance executives were detained against their will in Abuja, Nigeria. According to reports, Tigran Gambaryan, a former US federal agent who led the criminal investigations team at Binance, and Nadeem Anjarwalla, […]
Roger Ver, an early Bitcoin investor, has decided to continue supporting Bitcoin Cash (BCH) over Bitcoin (BTC) despite an invitation from Blockstream CEO Adam Back to rejoin the Bitcoin community. Ver criticizes layer two blockchain solutions, like Back’s Liquid Network, as centralized or unreliable, maintaining that bitcoin cash more closely aligns with the original vision […]
Cryptocurrency price on March 26 quick take: The global market cap rose to $2.55 trillion.
Bakkt, a cryptocurrency platform backed by the New York Stock Exchange (NYSE) owner, has closed the final quarter of 2023 with a revenue of $214.5 million. With this, the annual revenue came in at $780.1 million, thus strengthening the firm’s cash reserves and minimizing the concerns over continuing its operations. Strong Numbers for 2023 According […]
Introduction Names can be both liberating and confining. When mankind gives something a name, we mark it with a label that helps us discuss our shared environment and experience. At the same time, a label can obscure something in preconceived notions. Labels can make it more difficult for us collectively to understand what something is. […]
Rekt Capital, a cryptocurrency expert and enthusiast, has identified a similar pattern between the recent Bitcoin pre-halving retrace and the one that took place in 2020 before the crypto asset witnessed an upsurge to its previous all-time high. Bitcoin Pullback Is Almost Identical With 2020 Pre-Halving Retrace Bitcoin, the largest cryptocurrency asset, is presently demonstrating […]
Do Kwon has been released from a Montenegrin prison as he completes his sentence for travelling with falsified documents. The Montenegrin court is still deliberating on whether to honour the extradition request from the US or South Korea. Meanwhile, the SEC has taken Terraform Labs to court in a civil lawsuit worth billions of dollars. […]
Bitcoin’s price finally went on a roll as the US ETF inflows turned positive, and the cryptocurrency jumped to its highest price in about ten days of over $71,000. The altcoins have also turned green, with ETH nearing $3,700, while DOGE and SHIB are up by 7% each. Bitcoin’s Resurgence Last week was quite harmful […]
A woman who converted Bitcoin (BTC) into luxury houses and jewelry has reportedly been found guilty of engaging in a money laundering arrangement. BBC reports that Jian Wen, a Chinese national and a resident of Hendon, North London, was convicted at the Southwark Crown Court on Monday. In 2017, the 42-year-old woman posed as an […]