In a newly amended complaint, New York State Attorney General (AG) Letitia James alleges that investment giant Digital Currency Group (DCG) and its affiliate Genesis defrauded some 230,000 investors out of more than $3 billion. James first launched the lawsuit in October 2023, alleging that DCG, the crypto exchange Gemini and the bankrupt lending firm […]
One of the largest investment banks in the world will pay over half a million dollars for failing to adequately monitor trading activities – including instances of potential market manipulation. The Financial Industry Regulatory Authority’s (FINRA) Department of Enforcement says that between February 2009 and April 2023, Goldman Sachs neglected to include warrants, rights, units […]
How long is rise of Bitcoin (BTC) going to last?
Mantra OM continued to gain traction weekly, sparking a staggering 100% gain overnight as it reached a new milestone. The price looks strong on the daily chart with no signs of slowing down. More positive actions lie ahead. After taking a small break last weekend, OM pulled back into the $0.15 level as expected and […]
A rug pull is a scam where a cryptocurrency or NFT developer hypes a project to attract investor money, only to suddenly shut down or disappear, …
[toc] What Is Monero (XMR)? Monero (XMR) is one of the leading cryptocurrencies focused on privacy, zero knowledge, and censorship-resistant transactions. The Monero network operates on a proof-of-work (PoW) consensus mechanism, like Bitcoin and various other cryptocurrencies. This system incentivizes miners to contribute blocks to the blockchain. Monero’s PoW algorithm is designed to resist specialized […]
Non-fungible token (NFT) activity is exploding on the XRP Ledger (XRPL), according to a recent update from Ripple. In a new quarterly report, Ripple notes that more than half of all the NFTs ever minted on the XRPL since the release of the XLS-20 standard in 2022 happened in the fourth quarter of 2023. The […]
A bank that built its business working with members of the military, veterans and their families reportedly rejected a customer’s plea for help after thousands of dollars disappeared in a mysterious hack. Air Force veteran Cruzita Barron says a thief hacked into her United Services Automobile Association (USAA) account and stole a total of $10,000 […]
A widely followed crypto analyst believes that an Ethereum (ETH) competitor is one resistance level away from more than doubling its value. Crypto strategist Michaël van de Poppe tells his 692,500 followers on the social media platform X that Polkadot (DOT) could surge more than 135% from its current value if it takes out its […]
Coinbase, the largest cryptocurrency exchange in the U.S., believes American households could have saved approximately $74 billion in credit card transaction fees in 2022 if they used blockchain technology. In Coinbase’s latest State of Crypto Report, the exchange outlined the frustrations of the current financial system, ranging from high costs to delays and difficult access, […]
SHIB price growth coincides with recovery of broader crypto market
For one, South Korea has introduced legislation requiring thorough vetting of cryptocurrency company executives, while Hong Kong's financial …
The Avalanche token has been in a positive form recently, with the AVAX price turning in a good performance over the past week. This latest price boost makes a run to the $40 level more or less inevitable for the altcoin. However, investors are curious to see how long this rally will last, especially with […]
Ethereum (ETH) flew off centralized exchanges this week, potentially reducing selling pressure on the ETH market, according to the crypto analytics firm IntoTheBlock. In a new analysis, Lucas Outumuro, IntoTheBlock’s head of research, tracked Ethereum’s netflows, which measure the ETH moving in and out of centralized crypto exchanges by subtracting the amount of ETH’s withdrawals […]
Billions of dollars in unclaimed assets are now being held across the US, and one state is pushing to let people know about it. Florida Chief Financial Officer Jimmy Patronis says the state is now holding a staggering $2.7 billion on behalf of its residents, reports the ABC-affiliated news station WFTV. “The state defines ‘unclaimed […]
Avax appeared to stall under a key resistance for two weeks but has managed to post 10% gains despite facing hurdles. Having seen a slight bounce this week, it is still finding it difficult to break higher. Last weekend, Avax rejected the $38 level after failing to sustain recovery. It pulled back for four days […]
New York Attorney General Letitia James has massively expanded her lawsuit against Digital Currency Group (DCG) for allegedly defrauding hundreds of thousands of investors in its relationship with Genesis and Gemini Earn. In an amended filing with the Supreme Court of New York on Friday, the AG accused both firms – alongside DCG CEO Barry […]
News met with enthusiasm by Dogwifhat community
Crypto analytics firm Santiment says it has a bullish forecast for Ethereum (ETH) competitor Solana (SOL) despite the smart contract platform suffering a major outage earlier this week. On Tuesday, the Solana mainnet encountered a problem that caused the network to be offline for five hours, according to Solana Status, a SOL tracker and explorer. […]
This upcoming cryptocurrency, set for imminent listings on major exchanges, is positioned to soar to unprecedented heights, with projections …
In a surprising turn of events, BONK, the self-proclaimed third biggest Doge-inspired meme coin, has roared back to life, notching an impressive 25% surge in the past 24 hours. This dramatic price jump catapulted BONK back into the coveted top 100 cryptocurrency rankings, reigniting hope among its investors and sparking curiosity within the wider crypto […]
Litecoin (LTC) has shown signs of resurgence, climbing back above the $70 mark for the first time since January 22nd. Currently trading at $71.22, LTC has recorded a notable 3% gain in the past 24 hours. #Litecoin has had a mild emergence, rebounding back above $70 for the first time since January 22nd. For now, […]
A mobile strategy gaming altcoin backed by top global crypto exchange Binance is skyrocketing after launching an airdrop campaign earlier this week, as well as several major listings on top crypto exchanges. MAVIA, the native token of the Heroes of Mavia web3 game, was listed on the crypto exchanges ByBit, KuCoin, HTX Global, and MEXC […]
Solana meme coins are whipping up a frenzy in the crypto market. The latest sensation is SMOG, which went on to climb around 1400% on its release and continues to top the charts. Meme Kombat ($MK) is another viral meme coin that has caught the attention of the market. Although $MK has yet to be […]
Shiba Inu is on recovery course, but will it clean one zero this time?
TL;DR Bitcoin experiences a new rally, surpassing $47,000 and generating great interest among investors and analysts. The accumulation of BTC by large investors and miners in anticipation of the upcoming Halving is a key factor in the price increase. The positive correlation of BTC with the US stock market also contributed to its rise, with […]
TL;DR XRPL EVM Validators Now Rewarded in XRP: Validators on the XRPL Ethereum Virtual Machine (EVM) sidechain will now receive rewards in XRP, a significant departure from the XRPL mainnet’s reward system. Potential Impact on Crypto Investors: The introduction of XRP rewards could attract more validators to the XRPL EVM sidechain, enhancing its security and potentially leading […]
The DeFi sector is witnessing a resurgence with USD $64.7bn in total value locked (TVL), driven largely by Ethereum and its layer-2 networks. Restaking, especially with EigenLayer, is becoming a key driver for growth in the DeFi space. While restaking offers potential returns similar to earning interest, it comes with risks. EigenLayer’s TVL has been […]
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The United States economy and where it might be headed has been a hot topic of debate among finance experts, with some recommending Bitcoin as a safe haven. One of those who has continued to tout BTC as the answer is renowned finance author Robert Kiyosaki, who has made a gloomy prediction for the US […]
A brand new altcoin surged by more than 96% over the last three days after its mainnet went live earlier this week. Dymension (DYM) is a layer-1 blockchain that aims to serve as a network for “RollApps,” which the project defines as fast modular chains that work for games, decentralized finance (DeFi) protocols and non-fungible […]
Best-selling finance author Robert Kiyosaki is warning of an economic collapse as he makes his top investment picks to survive the financial crisis. The Rich Dad Poor Dad author tells his 2.5 million followers on the social media platform X that he believes the Fed’s tightening will lead to a recession and more banks will […]