Cryptocurrencies Today: News, Analysis, and Predictions

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If you're looking for the ultimate source of cryptocurrency information, you've come to the right place. This webpage is your one-stop destination for everything you need to know about the crypto world, from news, analysis, reviews, signals, opinions, forecasts, and more. Whether you're a beginner or a pro, you'll find something here to help you make better trading decisions and achieve your trading goals.

This webpage scours the entire web for the latest and most reliable information on all things crypto, and brings it to you in one convenient place. You can get an overview of everything that's happening in the crypto markets with just one click, or dive deeper into the topics that interest you the most. You'll find comprehensive coverage of the major cryptocurrencies, such as Bitcoin, Ethereum, Ripple, and Litecoin, as well as emerging ones, such as Cardano, Polkadot, and Solana. You'll also discover the best practices, tips, and strategies for trading and investing in crypto, as well as the latest developments in blockchain technology, policy and regulations, mining, and innovation.

This webpage is made for crypto-traders who want to stay updated on the latest crypto market trends, news, and opportunities. You'll also get access to the best sources of crypto education, insights, and guidance from experts and enthusiasts who share their knowledge and experience with you. Whether you want to learn the basics of crypto, improve your skills, or explore new possibilities, this webpage has something for you.

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The Ultimate Comprehensive and Up-to-Date Source to Master the Crypto Markets:

  • US, UK Probe $20B Crypto Transfers Linked to Russian Exchange: Report

    Mar 28, 2024 | 13:04 pm

    Authorities from the US and the UK are investigating cryptocurrency transactions traversing Russian exchanges. Recent revelations suggest that over $20 billion in crypto transfers have been flagged for investigation.According to a report by Bloomberg, the suspicions revolve around Moscow-based Garantex and its use of the Tether cryptocurrency. At the center of the scrutiny is Tether, a dollar-pegged stablecoin. The sizable volume of transactions sent through Garantex using Tether has raised red flags, prompting regulatory bodies to delve deeper into potential sanctions evasion and illicit financial activities.Tether HoldingsTether Holdings, the issuer of the eponymous stablecoin, finds itself entangled in the investigation. Authorities caution that unraveling the intricacies of these transactions requires time and resources, with no immediate conclusions drawn. Garantex, founded in Estonia but operating primarily out of Moscow, finds itself in the regulatory crosshairs. Stripped of its license in Estonia and sanctioned by Western powers, the exchange denies allegations of complicity in illicit activities. However, evidence suggests a pattern of facilitating transactions involving sanctioned entities and criminal groups. As the investigation unfolds, the spotlight on cryptocurrency exchanges intensifies. While asserting cooperation with law enforcement, the company faces scrutiny over the role of Tether in facilitating criminal activities, including investment scams and money laundering schemes.Challenges and ComplexityDespite concerted efforts to clamp down on illicit financial flows, the task remains daunting. Cryptocurrency transactions present a myriad of challenges, from their decentralized nature to the cloak of anonymity they afford. Regulatory bodies are poised to implement stricter oversight measures to curb abuse and safeguard the integrity of the financial system. Yet, the evolving landscape of digital currencies underscores the ongoing challenges in combating financial crime in the digital age.As geopolitical tensions escalate due to Russia's invasion of Ukraine, Western powers are tightening their grip on financial networks to stem the flow of funds that could support Vladimir Putin's regime. This article was written by Jared Kirui at www.financemagnates.com.

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  • Canadian Authorities Probe $169M QuadrigaCX Crypto Scam In New Wealth Investigation

    Mar 28, 2024 | 13:00 pm

    In a significant development, the Canadian province of British Columbia seeks to employ an unexplained wealth order (UWO) against Michael Patryn, co-founder of the Quadriga Coin Exchange (QuadrigaCX).  The UWO is a newly introduced court order that compels individuals to disclose the source of their assets. The Minister of Public Safety and Attorney General of […]

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  • Crypto Trader Breaks Down Bitcoin’s Break Out, Says Altcoins Will Soon Wake Up

    Mar 28, 2024 | 12:55 pm

    A widely followed crypto analyst is keeping an eye on altcoins as Bitcoin (BTC) leads the markets with its latest break out. Crypto trader Michaël van de Poppe tells his 708,300 followers on the social media platform X that BTC just needs to stay above $67,000 to retest its all-time high (ATH). “Bitcoin holds above crucial levels.  […] The post Crypto Trader Breaks Down Bitcoin’s Break Out, Says Altcoins Will Soon Wake Up appeared first on The Daily Hodl.

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  • MetaWin Debuts New Arbitrum and Base L2-Powered Swap System, Boasting 2-Second Payment Speeds and Half-a-Cent Gas Fees

    Mar 28, 2024 | 12:52 pm

    With great pleasure, we announce that MetaWin, the pioneering platform for on-chain prize competitions, has integrated the Base and Arbitrum Layer 2 (L2) blockchain networks into its on-site swap feature. With quicker transactions and significantly lower user fees, this revolutionary update is a major step forward in MetaWin’s mission to provide an unrivalled gaming experience. […]

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  • Sam Bankman-Fried Sentenced To 25 Years In Prison For Multi-Billion Dollar FTX Fraud

    Mar 28, 2024 | 12:41 pm

    Nearly two years since the implosion of FTX, Sam Bankman-Fried, the co-founder and former CEO of the now-defunct cryptocurrency exchange, has been sentenced to 25 years in prison.

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  • Ethereum Blob Inscriptions Exceed 40%, Triggering Unprecedented ‘Blob Contention’

    Mar 28, 2024 | 12:23 pm

    Following the debut of the Dencun upgrade and Ethereum blobs, enthusiasts have devised methods to embed data akin to how Ordinal inscriptions operate. Since this development, inscription-based activities now account for over 40% of blob transactions, leading to a significant increase in network activity. This uptick has resulted in a congestion of blob transactions, pushing [...] The post Ethereum Blob Inscriptions Exceed 40%, Triggering Unprecedented ‘Blob Contention’ appeared first on Crypto Breaking News.

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  • Ethereum Blob Inscriptions Exceed 40%, Triggering Unprecedented ‘Blob Contention’

    Mar 28, 2024 | 12:23 pm

    Following the debut of the Dencun upgrade and Ethereum blobs, enthusiasts have devised methods to embed data akin to how Ordinal inscriptions operate. Since this development, inscription-based activities now account for over 40% of blob transactions, leading to a significant increase in network activity. This uptick has resulted in a congestion of blob transactions, pushing […]

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  • Is This the End of Bitcoin’s 4-Year Bull/Bear Market Cycle?

    Mar 28, 2024 | 12:21 pm

    Source: CoinDesk The post Is This the End of Bitcoin’s 4-Year Bull/Bear Market Cycle? appeared first on Crypto Breaking News.

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  • Detained Binance exec sues Nigeria over ‘human rights violations’

    Mar 28, 2024 | 12:15 pm

    Detained Binance executive Tigran Gambaryan has initiated legal action against Nigerian authorities, including the National Security Adviser (NSA) Nuhu Ribadu and the Economics and Financial Crime Commission (EFCC), over allegations of human rights violations. Gambaryan, an American citizen overseeing the exchange’s crime investigation unit, was detained alongside his colleague Nadeem Anjarwalla by Nigerian authorities on […] The post Detained Binance exec sues Nigeria over ‘human rights violations’ appeared first on CryptoSlate.

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  • BONK and FLOKI Aim for Top 3 Memecoin Status: Update Sparks Rivalry

    Mar 28, 2024 | 12:07 pm

    BONK and FLOKI are getting ready for a battle for a podium position with DOGE and SHIB in the memecoin sphere. Binance has added USDC trading pairs for both BONK and FLOKI, potentially drawing investors to the tokens. Dogecoin (DOGE) and Shiba Inu (SHIB) have cemented themselves as the two most popular memecoins but FLOKI [...]

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  • Why BlackRock Could Bet On This RWA Token: Crypto Analyst

    Mar 28, 2024 | 12:00 pm

    In an era where the boundaries between traditional finance (TradFi) and crypto continue to blur, the tokenization of real-world assets (RWAs) stands out as one of the hottest trends. This trend, which allows tangible assets like vehicles and real estate to be bought and sold as tokens on a blockchain, promises to revolutionize the efficiency [...] The post Why BlackRock Could Bet On This RWA Token: Crypto Analyst appeared first on Crypto Breaking News.

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  • Top 3 Meme Coins That Can Give A 1,000% Return In The Bull Market

    Mar 28, 2024 | 12:00 pm

    The rave around meme coins and their popularity has proven that they will be a driving force in the upcoming bull market. As such, it is important for investors looking to make money in the market to position in good meme coins before the bull run commences. So, here are the top 3 coins that […]

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  • BNB’s 10% price surge – Is it still on track for its April predictions?

    Mar 28, 2024 | 12:00 pm

    The opposite movements of BNB’s price and its Chaikin Money Flow suggest that the coin’s price may fall in the short term.

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  • X Payments Expands US Licensing, Dogecoin Price Surges 33% as a Result

    Mar 28, 2024 | 11:59 am

    NAIROBI (Coinchapter.com) – Dogecoin, a cryptocurrency often championed by Elon Musk, has become a hot topic of discussion. X, Musk’s “everything app,” is steadily expanding its payments footprint with new licenses across the US. This development fuels speculation about the potential integration of crypto payments, specifically Dogecoin, into the platform. X Payments Expands Licensing, Speculation […] The post X Payments Expands US Licensing, Dogecoin Price Surges 33% as a Result appeared first on CoinChapter.

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  • U.S. Treasury Department Takes Aim at 13 Russian Firms for Alleged Crypto-Related Sanction Evasion

    Mar 28, 2024 | 11:56 am

    The US government sanctions aim to disrupt entities facilitating transactions or providing services that assist OFAC-sanctioned entities in circumventing sanctions. Among the entities sanctioned is B-Crypto, a Moscow-based fintech firm accused of collaborating with Rosbank to enable Russian exporters to conduct cross-border payments using cryptocurrency assets. In the latest development, the U.S. Government has taken [...]

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  • Hacker Steals Over $65,200,000 From Crypto Game Built on Blast Blockchain – Then Returns Everything: On-Chain Data

    Mar 28, 2024 | 11:45 am

    A crypto game built on the layer-2 blockchain Blast lost over 60% of the total value of assets on its platform following a massive security breach. Munchables announced the exploit on Tuesday in a post on the social media platform X. “Munchables has been compromised. We are tracking movements and attempting to stop the transactions. […] The post Hacker Steals Over $65,200,000 From Crypto Game Built on Blast Blockchain – Then Returns Everything: On-Chain Data appeared first on The Daily Hodl.

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  • US, UK initiate joint probe into $20 billion moved via crypto to evade Russian sanctions

    Mar 28, 2024 | 11:42 am

    The US and UK governments have launched a joint investigation into crypto transactions worth over $20 billion that may have violated Russian sanctions, Bloomberg News reported on March 28. The transactions, suspected of being routed through the Russia-based crypto exchange Garantex, aim to evade international sanctions and potentially fund military activities in Ukraine. In recent […] The post US, UK initiate joint probe into $20 billion moved via crypto to evade Russian sanctions appeared first on CryptoSlate.

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  • Low-Cap Altcoin Soars Over 100% in 24 Hours Amid Partnerships and Perpetual Contract Listing on Top-10 Exchange

    Mar 28, 2024 | 11:41 am

    A little-known altcoin has doubled up over the last 24 hours amid new partnerships and perpetual contract listings. New information reveals that data exchange digital asset REI Network (REI) – which aims to be a feeless Web3 protocol – is trading for $0.280 at time of writing, an increase of about 103% during the last […] The post Low-Cap Altcoin Soars Over 100% in 24 Hours Amid Partnerships and Perpetual Contract Listing on Top-10 Exchange appeared first on The Daily Hodl.

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  • XRP ETF Premium Expected to Skyrocket 100x to $500: What Investors Need to Know

    Mar 28, 2024 | 11:41 am

    Top analyst has described what impact a XRP ETF premium will do to the price of the cryptocurrency. XRP ETF is not launched but optimism in its eventual debut is high. Taking to the X platform, Chad Steingraber, a notable XRP community member, has made a bold forecast regarding the future trajectory of XRP in [...]

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  • Terraform Labs vs. SEC: Jury Instructions Issued, What’s at Stake for LUNA and LUNC?

    Mar 28, 2024 | 11:40 am

    Terraform Labs faces SEC trial over alleged crypto fraud, accused of misleading investors about stablecoin stability. The legal battle was delayed till March, with co-founder Do Kwon remaining in Montenegro after the extradition ruling was overturned. Terraform Labs and its co-founder Do Kwon confront the US Securities and Exchange Commission (SEC) in a high-stakes trial. [...]

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  • BlackRock’s BUIDL Tokenized Fund Attracts $240M, Including $95M from Ondo

    Mar 28, 2024 | 11:38 am

    NAIROBI (Coinchapter.com) – BlackRock’s BUIDL has seen significant interest in its eponymous tokenized fund. The BlackRock USD Institutional Digital Liquidity Fund, BUIDL, focuses on cash, US Treasury bills, and repurchase agreements. Investors receive BUIDL tokens, each valued at $1, representing their share in the fund. These digital tokens can be transferred between validated addresses in […] The post BlackRock’s BUIDL Tokenized Fund Attracts $240M, Including $95M from Ondo appeared first on CoinChapter.

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  • Ethereum Being Designated a Security Won’t Hurt Chances of Spot ETH ETFs Approval, Says BlackRock CEO Larry Fink

    Mar 28, 2024 | 11:05 am

    BlackRock chief executive Larry Fink believes approval of spot Ethereum (ETH) exchange-traded funds (ETFs) could still occur even if the top altcoin is deemed a security. In a new interview on FOX Business, Fink says that the chances of approval for pending applications to launch spot ETH ETFs would not be adversely impacted if the […] The post Ethereum Being Designated a Security Won’t Hurt Chances of Spot ETH ETFs Approval, Says BlackRock CEO Larry Fink appeared first on The Daily Hodl.

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  • TRON DAO Reveals Exciting Updates to Sponsor and Judge List for HackaTRON Season 6

    Mar 28, 2024 | 11:02 am

    Geneva, Switzerland, March 28, 2024 – HackaTRON Season 6, co-hosted between TRON DAO, HTX DAO, BitTorrent Chain, and JustLend DAO, introduces an exciting lineup of new sponsors, partners, and judges. Showcasing HackaTRON Sponsors Diamond Sponsors: Ankr: Specializing in decentralized infrastructure services for DApp development, Ankr supports the seamless integration and deployment of blockchain applications. ChainGPT: […] The post TRON DAO Reveals Exciting Updates to Sponsor and Judge List for HackaTRON Season 6 appeared first on CryptoSlate.

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  • Furrever Token Emerges as Top Choice for Dogecoin (DOGE) and Shiba Inu (SHIB) Holders Eyeing Upside Potential in Meme Coins

    Mar 28, 2024 | 11:01 am

    The post Furrever Token Emerges as Top Choice for Dogecoin (DOGE) and Shiba Inu (SHIB) Holders Eyeing Upside Potential in Meme Coins appeared first on Coinpedia Fintech News As Dogecoin (DOGE) and Shiba Inu (SHIB) experience a modest uptick in their prices, the spotlight in the crypto world seems to be shifting towards Furrever Token (FURR). FURR’s recent achievement of completing its fourth presale stage in record time has captured the attention of investors and enthusiasts alike. Amidst the broader market dynamics, FURR’s …

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  • Dogecoin Holder Base Reaches New Record Amid Surge In Interest

    Mar 28, 2024 | 11:00 am

    Dogecoin has soared toward a new record in one notable metric as interest in the meme coin continues to surge. This time around, the holder base of the cryptocurrency has reached a new all-time high, signaling rapid adoption among crypto investors. Dogecoin Holders Cross 6.9 Million The month of March has come with glad tidings [...] The post Dogecoin Holder Base Reaches New Record Amid Surge In Interest appeared first on Crypto Breaking News.

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  • Experts Eye Cardano And Pepe; Is This Emerging Crypto the Next Profit Goldmine?

    Mar 28, 2024 | 11:00 am

    The cryptocurrency sector is eve­r-changing, with numerous cryptos demonstrating promising growth trajectorie­s. Cryptocurrencie­s like Cardano (ADA) and Pepe (PEPE) have­ gained attention for their pote­ntial growth. Analysts close­ly watch the price fluctuations of these­ altcoins, anticipating remarkable gains ahead. Meanwhile, NuggetRush (NUGX), a new crypto project, e­merges as a potential game­-changer, promising to double investors’ […] The post Experts Eye Cardano And Pepe; Is This Emerging Crypto the Next Profit Goldmine? appeared first on CoinChapter.

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  • Glassnode Data Shows Bitcoin at Crossroads: Time to Hold or Take Profit?

    Mar 28, 2024 | 11:00 am

    According to on-chain data analysis by Glassnode, Bitcoin is at a critical juncture. When BTC soared to $73,800 in March 2024, printing new all-time highs, the Bitcoin market reached a statistically significant level regarding on-chain unrealized profits, according to the Market Value to Realized Value (MVRV) ratio. Bitcoin MVRV Ratio At Historically Significant Level: Time […]

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  • Fetch.ai hits new ATH: Time to buy FET or are you too late now?

    Mar 28, 2024 | 11:00 am

    The past two weeks saw the OBV dip but it was a minor pullback compared to the gains made since February.

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  • Bitcoin Approaches Highs as Crypto Moves on From ‘Sorry Episode’ of SBF

    Mar 28, 2024 | 10:40 am

    Sam Bankman-Fried was sentenced to prison for 25 years. More than $20 billion in Tether transactions are being reviewed for possible sanctions violations. The surviving co-founder of Quadriga is being asked where he got a hoard of gold and cash. And Bitcoin is approaching record highs.Source: Bloomberg Crypto The post Bitcoin Approaches Highs as Crypto Moves on From ‘Sorry Episode’ of SBF appeared first on Crypto Breaking News.

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  • Breaking! Sam Bankman-Fried Sentenced to 25 Years in Prison for FTX Fraud. Here the details!

    Mar 28, 2024 | 10:40 am

    TL;DR Sam Bankman-Fried, former CEO of FTX, sentenced to 25 years in prison for fraud. Judge Kaplan hands down a sentence based on seven felony counts, including witness tampering and perjury. Bankman-Fried shows remorse, while his lawyers portray him as a misunderstood genius. Sam Bankman-Fried, recognized in the world of cryptocurrencies as the former CEO ... Read more

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  • SBF’s Best Friends Who Turned on Him Brace for Their Punishment

    Mar 28, 2024 | 10:34 am

    One moved continents to hunker down in her family home. Another landed a job as a software engineer in Silicon Valley. And the third is pursuing a tech career outside crypto after the exchange he helped build imploded 16 months ago.Source: Bloomberg Crypto The post SBF’s Best Friends Who Turned on Him Brace for Their Punishment appeared first on Crypto Breaking News.

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  • MetaWin Launches New Base and Arbitrum Layer 2-Powered Swap System, Boasting 2-Second Payment Speeds and Half a Cent Gas Fees

    Mar 28, 2024 | 10:28 am

    London, United Kingdom, March 28th, 2024, Chainwire MetaWin, the trailblazing platform for on-chain prize competitions, is delighted to announce the incorporation of the Base and Arbitrum Layer 2 (L2) blockchain networks into its on-site swap feature. This ground-breaking update represents a significant milestone in MetaWin’s quest to deliver an unmatched gaming experience, offering faster transactions […] The post MetaWin Launches New Base and Arbitrum Layer 2-Powered Swap System, Boasting 2-Second Payment Speeds and Half a Cent Gas Fees appeared first on CoinJournal.

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  • Ethereum regains NFT lead with US$17.02 million daily sales

    Mar 28, 2024 | 10:25 am

    Ethereum reclaimed its prior position as the market leader among blockchain non-fungible tokens. The product achieved a sales volume of $17.02 million. Sales on this platform have increased by as much as 39.19% in the twenty-four hours leading up to 2:00 pm, according to data compiled by CryptoSlam. The anticipated surge in Ethereum sales volume …

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  • Ripple and FLOKI Gather Steam; InQubeta (QUBE) Prepares to Revolutionize the AI Fundraising Scene, Raises Over $12M in Presale

    Mar 28, 2024 | 10:19 am

    The post Ripple and FLOKI Gather Steam; InQubeta (QUBE) Prepares to Revolutionize the AI Fundraising Scene, Raises Over $12M in Presale appeared first on Coinpedia Fintech News Following a significant market downturn—Bitcoin dropping below $61,000 and altcoins dipping more—the bulls have since regained momentum. Ripple (XRP) and FLOKI (FLOKI), two top altcoins, have been gathering steam, pushing for a comeback. At the same time, InQubeta (QUBE), an emerging AI altcoin preparing to reshape the AI fundraising landscape, has become the talk of …

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  • The Final Chapter of FTX Saga: Sam Bankman-Fried Sentenced to 25 Years

    Mar 28, 2024 | 10:19 am

    The post The Final Chapter of FTX Saga: Sam Bankman-Fried Sentenced to 25 Years appeared first on Coinpedia Fintech News In a dramatic turn of events, Sam Bankman-Fried, the once-glorified crypto mogul, has been sentenced to 25 years in prison on charges of federal fraud and conspiracy.  The sentencing of SBF has marked the culmination of a year-long legal saga, all of which began with the bankruptcy filing of FTX that shook the foundations of …

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  • Crypto Community Shows Discontent Over Sam Bankman-Fried’s 25-Year Sentence

    Mar 28, 2024 | 10:18 am

    In a packed courtroom, Sam Bankman-Fried, the founder of the cryptocurrency exchange FTX, was sentenced to 25 years in prison by Judge Lewis A. Kaplan. The sentencing follows a landmark trial that has captured widespread attention for its revelations of financial misconduct within the cryptocurrency industry. Crypto Mogul Sam Bankman-Fried Handed 25-Year Sentence; $11 Billion [...] The post Crypto Community Shows Discontent Over Sam Bankman-Fried’s 25-Year Sentence appeared first on Crypto Breaking News.

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  • Crypto Community Shows Discontent Over Sam Bankman-Fried’s 25-Year Sentence

    Mar 28, 2024 | 10:18 am

    In a packed courtroom, Sam Bankman-Fried, the founder of the cryptocurrency exchange FTX, was sentenced to 25 years in prison by Judge Lewis A. Kaplan. The sentencing follows a landmark trial that has captured widespread attention for its revelations of financial misconduct within the cryptocurrency industry. Crypto Mogul Sam Bankman-Fried Handed 25-Year Sentence; $11 Billion […]

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  • XRP and Polygon Ran Out of Puff; Is Milei Moneda the Next Big Crypto Craze for Investors?

    Mar 28, 2024 | 10:14 am

    The post XRP and Polygon Ran Out of Puff; Is Milei Moneda the Next Big Crypto Craze for Investors? appeared first on Coinpedia Fintech News TLDR Traders lose interest in XRP. Polygon’s value drops due to technical issues. $MEDA continues to attract investors. XRP loses steam as its value drops after a recent spike. Likewise, Polygon’s (POL) value remains stagnant due to technical issues with the blockchain sequencer. However, Milei Moneda‘s ($MEDA) presale takes off as many investors hasten to …

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  • Mysterious Whale Suddenly Transfers 2,000 BTC Mined in 2010, Now Worth Over $140 Million

    Mar 28, 2024 | 10:13 am

    Bitcoin's mysterious early adopters continue to make waves in the cryptocurrency space as an unidentified individual or entity recently consolidated 2,000 BTC mined in 2010 into a single wallet.

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  • Sam Bankman-Fried Sentencing: U.S. Attorney Damian Williams’ Statement

    Mar 28, 2024 | 10:10 am

    Source: CoinDesk The post Sam Bankman-Fried Sentencing: U.S. Attorney Damian Williams’ Statement appeared first on Crypto Breaking News.

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  • Statement of U.S. Attorney Damian Williams on the Sentencing of Sam Bankman-Fried

    Mar 28, 2024 | 10:10 am

    Source: CoinDesk The post Statement of U.S. Attorney Damian Williams on the Sentencing of Sam Bankman-Fried appeared first on Crypto Breaking News.

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  • Dogecoin Primed For Gargantuan ‘$1 DOGE’ Upsurge After Barreling Past 22 Cents For First Time Since 2021

    Mar 28, 2024 | 10:10 am

    The uptick comes amid speculation about DOGE’s use on Elon Musk’s social media giant X.

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  • Ethereum Hit by ‘Blobscriptions’ in First Stress Test of Blockchain’s New Data System

    Mar 28, 2024 | 10:08 am

    Ethereum fees for “blobs” – the blockchain’s new dedicated class of cheaper data storage – spiked Wednesday after a project called Ethscriptions created a new way of inscribing data, known as “blobscriptions.”Source: CoinDesk The post Ethereum Hit by ‘Blobscriptions’ in First Stress Test of Blockchain’s New Data System appeared first on Crypto Breaking News.

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  • Spotlight remains on BlockDAG’s 5000x ROI potential as Algorand price surges & Optimism tokens unlock

    Mar 28, 2024 | 10:05 am

    Amidst the dynamic landscape of cryptocurrencies, Algorand’s recent price surge and the upcoming Optimism token […]

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  • EGGY surges, outperforming PEPE and FLOKI; analysts see MEDA as another meme coin with potential

    Mar 28, 2024 | 10:01 am

    EGGY outperforms PEPE and FLOKI despite launching last. PEPE investors plan for a bull run as FLOKI surges by 8% as new features cancel out weekly losses. Milei Moneda’s $MEDA attracts investors in droves with its ICO. The Bitcoin-inspired token pump may be over, but the meme coins are still very much in business. PEPE and […] The post EGGY surges, outperforming PEPE and FLOKI; analysts see MEDA as another meme coin with potential appeared first on CoinJournal.

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  • UNI Showcases Resilience, FLOW Eyes Surge & BlockDAG Stands Poised for Massive Returns as Presale Stacks $9.9M  

    Mar 28, 2024 | 10:00 am

    The post UNI Showcases Resilience, FLOW Eyes Surge & BlockDAG Stands Poised for Massive Returns as Presale Stacks $9.9M   appeared first on Coinpedia Fintech News As the crypto market is weeding out speculative trading and Bitcoin price corrects at the $70,000 mark, investors are on the edge of their seats, expecting further pullbacks. Despite this, the overall market sentiment is still largely positive as evidenced by the surprising resilience of most major altcoins.  Notably, the Uniswap (UNI) price stands strong …

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  • Investors Believe Rebel Satoshi Has the Best Narrative of a Meme Coin: Can $RBLZ Catch up to FLOKI and PEPE?

    Mar 28, 2024 | 10:00 am

    Analysts forecast that FLOKI will surge to $0.000356 before the end of April following its recent partnership with TokenFi. Following the recent update from Crypto.com, experts are optimistic that PEPE will surge to $0.00001 in the next few weeks. Rebel Satoshi ($RBLZ) is poised for a significant surge shortly following its launch on top exchanges. [...]

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  • Bitcoin Stablecoins Ratio At 1-Year Lows: Is This Bullish?

    Mar 28, 2024 | 10:00 am

    On-chain data shows the Bitcoin Exchange Stablecoins Ratio has plunged to its lowest since March 2023. Here’s what this could mean for BTC. Bitcoin Exchange Stablecoins Ratio Has Been Heading Down Recently As explained by an analyst in a CryptoQuant Quicktake post, the Bitcoin Exchange Stablecoins Ratio has been declining recently. The “Exchange Stablecoins Ratio” […]

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  • Injex Finance Launches Presale for $INJX Token: Join Now to Secure Early Contributions

    Mar 28, 2024 | 10:00 am

    PRESS RELEASE. Injex Finance is excited to announce the official launch of its Presale for the native $INJX token, offering early contributors an exclusive opportunity to become part of the thriving Injex ecosystem. With the Presale now live, users can seize the moment to participate and benefit from this groundbreaking initiative. As the cryptocurrency market […]

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  • New Era For VeChain: Marketplace Platform Unveiled, Price Spike Looming?

    Mar 28, 2024 | 10:00 am

    In a new development, VeChain (VET) has announced the introduction of its latest No-Code Tokenized Asset Marketplace-as-a-Service platform (MaaS), fueling optimism within the community of an impendent price uptick. The announcement also featured the collaboration of the MotoGP racing team Gresini Racing as its first enterprise client. By collaborating with Gresini Racing, an enormous fan [...] The post New Era For VeChain: Marketplace Platform Unveiled, Price Spike Looming? appeared first on Crypto Breaking News.

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  • Injex Finance Launches Presale for $INJX Token: Join Now to Secure Early Contributions

    Mar 28, 2024 | 10:00 am

    PRESS RELEASE. Injex Finance is excited to announce the official launch of its Presale for the native $INJX token, offering early contributors an exclusive opportunity to become part of the thriving Injex ecosystem. With the Presale now live, users can seize the moment to participate and benefit from this groundbreaking initiative. As the cryptocurrency market [...] The post Injex Finance Launches Presale for $INJX Token: Join Now to Secure Early Contributions appeared first on Crypto Breaking News.

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  • Polygon Bids Adieu to Mumbai Testnet, Welcomes new UX with Napoli upgrade

    Mar 28, 2024 | 10:00 am

    Polygon PoS is seeing an upgrade in tandem to Ethereum’s Dencun upgrade The Napoli upgrade is an upgrade of Ethereum’s Cancun upgrade, bringing multiple benefits to nodes and improving the overall health of the network. Polygon (formerly known as Matic Network) is continuing to make strides in improving the user experience and network efficiency with …

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  • World’s Eighth-Largest Bank Unveils Tokenized Gold Product for Retail Customers: Report

    Mar 28, 2024 | 09:55 am

    Banking giant HSBC has reportedly launched a tokenized gold product for its retail customers in Hong Kong as the bank and the government both push to make real-world assets available in digital form. SCMP reports that the HSBC Gold Token, which is now available on HSBC’s online banking and mobile app, is the first tokenized […] The post World’s Eighth-Largest Bank Unveils Tokenized Gold Product for Retail Customers: Report appeared first on The Daily Hodl.

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  • Prisma Finance $11.6 million exploit leads to asset value plummet, mkUSD stablecoin instability

    Mar 28, 2024 | 09:55 am

    Ethereum liquid restaking platform Prisma Finance said its vaults were exploited earlier today for an undisclosed sum. According to the protocol: “Prisma Protocol has been paused by the emergency multisig and remaining funds are safe. mkUSD and ULTRA, as stablecoins, are overcollateralized and are not at risk.” CryptoSlate data shows that the mkUSD stablecoin has […] The post Prisma Finance $11.6 million exploit leads to asset value plummet, mkUSD stablecoin instability appeared first on CryptoSlate.

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  • io.net Appoints Garrison Yang as Chief Strategy & Marketing Officer to Drive DePIN Protocol Growth

    Mar 28, 2024 | 09:54 am

    New York, United States, March 28th, 2024, Chainwire March 19, 2024 –– io.net is delighted to announce the appointment of Garrison Yang as its Chief Strategy and Marketing Officer. The newly-appointed Yang will be responsible for guiding the growth, strategy, and marketing operations of the DePIN’s core products, catering to its customers, and expanding its [...]

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  • Sam Bankman-Fried Deserves a Life After Prison

    Mar 28, 2024 | 09:49 am

    He did incalculable harm, but arguing for a sentence longer than 25 years is unfair to the man and the industry he once represented.Source: CoinDesk The post Sam Bankman-Fried Deserves a Life After Prison appeared first on Crypto Breaking News.

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  • Co-Founder of Rockstar and All-star Line Up Join Advisory Board to Propel Metacade into Post-Beta Orbit

    Mar 28, 2024 | 09:47 am

    Metacade, the ground-breaking Web3 gaming platform, is getting ready to launch out of beta with several innovative projects that will completely change the way blockchain games are created. Russell Bennett, the CEO, predicts several historic announcements in the second and third quarters of 2024. starting with the advisory board’s appointment. Elly Bradbury, Anders Christiansen, Dan […]

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  • New addition to the Sandbox: Eternal Fandom LAND Sale

    Mar 28, 2024 | 09:45 am

    The exciting and most-awaited news has finally come. A very popular neighborhood in the Sandbox is getting a new addition, and the K Verse: Eternal Fandom LAND Sale will begin soon. This is Sandbox’s third Korea-themed LAND sale, and the makers of Sandbox are eager to provide content to their fan communities. They are going …

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  • Banks like Citi adopt blockchain and tokenization in private markets

    Mar 28, 2024 | 09:30 am

    In collaboration with Wellington and WisdomTree, Citigroup Inc. conducted a simulation regarding the tokenization of private funds in blockchain wagering. This endeavor was designed to demonstrate how a blockchain network can tokenize a private equity fund. Wall Street may embrace distributed ledger technology on a broader scale if the A/B testing proves fruitful. Chainlink, a …

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  • FTX Founder Sam Bankman-Fried Sentenced By Judge To 25 Years In Prison

    Mar 28, 2024 | 09:30 am

    Sam Bankman-Fried, founder of the FTX cryptocurrency exchange, has been sentenced to 25 years in prison by a judge in New York for orchestrating an $8 billion theft from FTX customers. 🚨 BREAKING: JUDGE SENTENCES SAM BANKMAN-FRIED TO 25 YEARS IN PRISON FOR MULTI-BILLION DOLLAR FTX FRAUD pic.twitter.com/M9HotmBma2 — Bitcoin Magazine (@BitcoinMagazine) March 28, 2024 [...] The post FTX Founder Sam Bankman-Fried Sentenced By Judge To 25 Years In Prison appeared first on Crypto Breaking News.

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  • Ethereum-Based Tokenized Real Estate Platform USP Announces Official Launch On Republic

    Mar 28, 2024 | 09:28 am

    Republic.com, a prominent crowdfunding portal, is pleased to announce the official launch of USP on its platform, a revolutionary tokenized real estate marketplace and platform. This move represents a significant victory for investors worldwide hoping to gain access to the profitable U.S. real estate market through cutting-edge blockchain technology, as well as a significant milestone […]

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  • Sam Bankman-Fried’s 25-Year Sentence a Harbinger of Crypto Trials to Come

    Mar 28, 2024 | 09:18 am

    FTX co-founder Sam Bankman-Fried was sentenced to 25 years in prison. It was shorter than the 40 to 50 years that federal prosecutors had recommended, but above the six-and-a-half-year sentence requested by the defense lawyers. The decision sets the tone for others accused of crimes involving digital assets, including former Celsius Network Ltd. Chief Executive Officer Alex [...] The post Sam Bankman-Fried’s 25-Year Sentence a Harbinger of Crypto Trials to Come appeared first on Crypto Breaking News.

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  • BREAKING: Sam Bankman-Fried Sentenced To 25 Years In Prison

    Mar 28, 2024 | 09:14 am

    In a highly anticipated courtroom verdict, Sam Bankman-Fried, the founder of the collapsed cryptocurrency exchange FTX, has been sentenced to 25 years in prison for defrauding users. US District Judge Lewis Kaplan delivered the judgment during a Lower Manhattan federal courtroom hearing. Related Reading: The Bulls Are Back: Spot Bitcoin Inflows Surge With New Records FTX Founder Sam Bankman-Fried Sentenced Judge Kaplan sternly criticized the defense’s argument, labeling it as “misleading, logically flawed, and speculative.” As reported by our sister site, Bitcoinist, Kaplan highlighted Bankman-Fried’s obstruction of justice and witness tampering during his defense, which were significant factors considered in the sentencing decision. Bankman-Fried expressed remorse in a statement, acknowledging that his series of “selfish” decisions as the leader of FTX had led to the exchange’s downfall. He admitted to having “thrown it all away” and expressed regret that continues to haunt him daily. Prosecutors had initially sought a maximum sentence of 50 years, while Bankman-Fried’s legal team argued for a maximum of 6 years. In November, Bankman-Fried was found guilty on seven criminal counts, and he has since been held at the Metropolitan Detention Center in Brooklyn. Life Plans Shattered Late Tuesday, prosecutors submitted documents containing testimonies from victims, shedding light on the impact of Bankman-Fried’s actions. One victim, whose name was redacted, wrote a letter dated March 15, describing the destruction of their entire life and the emotional toll it had taken on their family.  They emphasized that they had entrusted their funds to FTX as a custodian, not consenting to the risks Bankman-Fried had taken with their money. The victim shared the suffering that had led to depression and even thoughts of suicide. Related Reading: Fantom: Market Slowdown Chops Off 10% From Gains – Here’s Why During the trial, prosecutors revealed that Bankman-Fried had diverted funds from FTX customers, amounting to as much as $8 billion. These funds were allegedly used to finance a wide range of external interests, including political initiatives, speculative investments, and funding the lifestyles of FTX executives. Featured image from Shutterstock, chart from TradingView.com 

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  • BREAKING: Sam Bankman-Fried Sentenced To 25 Years In Prison

    Mar 28, 2024 | 09:14 am

    In a highly anticipated courtroom verdict, Sam Bankman-Fried, the founder of the collapsed cryptocurrency exchange FTX, has been sentenced to 25 years in prison for defrauding users. US District Judge Lewis Kaplan delivered the judgment during a Lower Manhattan federal courtroom hearing. FTX Founder Sam Bankman-Fried Sentenced Judge Kaplan sternly criticized the defense’s argument, labeling [...] The post BREAKING: Sam Bankman-Fried Sentenced To 25 Years In Prison appeared first on Crypto Breaking News.

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  • Woof introduces DAMN, a new token in Shibarium

    Mar 28, 2024 | 09:10 am

    Woof, a key figure behind WoofSwap, has introduced DAMN, a new token that is now positioned to spark interest in Sibarium. The token has already gained the tag of being a SOL killer. TVL of $2.45 million has welcomed its introduction, and it has grown by approximately 6.371% over the last month. That is specifically …

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  • Breaking: Sam Bankman-Fried Sentenced to 25 Years in Prison

    Mar 28, 2024 | 09:10 am

    Sam Bankman-Fried, the Co-Founder of the collapsed cryptocurrency exchange FTX, was sentenced to 25 years in prison by Judge Lewis Kaplan today (Thursday). Bankman-Fried was found guilty of multiple counts of wire fraud and conspiracy that led to the collapse of the crypto exchange and caused billions worth of losses to investors.The long-standing legal tussle culminated in the recent sentencing. Recently, prosecutors in the case sought a staggering 40 to 50 years behind bars for the disgraced crypto entrepreneur. Despite the harsh verdict, Bankman-Fried's defense team has vowed to appeal both the conviction and the sentencing.Judge Orders Forfeiture of $11 BillionAccording to a report by CNN Business, in addition to the prison sentence, Kaplan ordered forfeiture of $11.02 billion. The judge recommended that Bankman-Fried be placed in a lower or medium-security facility that the Bureau of Prisons would find appropriate. Medium-security facilities are characterized by strengthened perimeters and various work programs. During the sentencing, SBF apologized to the victims of the collapsed cryptocurrency exchange. Compared to prominent white-collar fraud cases, SBF's sentence is shorter than Bernard Madoff's 150-year term but longer than Elizabeth Holmes' prison sentence of 11 years behind bars.BREAKING: A judge sentenced Sam Bankman-Fried to 25 years in prison for orchestrating what prosecutors have called one of the biggest financial frauds in American history. https://t.co/kRbXasrxD1 pic.twitter.com/JBIYKXfmQN— ABC News (@ABC) March 28, 2024According to Reuters, Bankman-Fried's journey from MIT to being a prominent figure in the cryptocurrency world seemed nothing short of remarkable. With the founding of the FTX exchange, he quickly became a symbol of innovation and success in the digital asset market. His net worth soared to unprecedented heights, reaching a staggering $26 billion before he turned 30, according to Forbes. Prosecutors alleged that Bankman-Fried had been embezzling funds from FTX's customers for years, leading to the eventual collapse of the exchange in 2022.The Rise and Fall of a Crypto TitanThe fallout from the scandal was immense, with customers losing a total of $8 billion, equity investors losing $1.7 billion, and lenders to Bankman-Fried's hedge fund, Alameda Research, losing $1.3 billion. Despite his claim of innocence and assertions that he had made mistakes but had no intention to defraud anyone, the jury found him guilty on seven counts of fraud and conspiracy.🚨 BREAKING: JUDGE SENTENCES SAM BANKMAN-FRIED TO 25 YEARS IN PRISON FOR MULTI-BILLION DOLLAR FTX FRAUD pic.twitter.com/M9HotmBma2— Bitcoin Magazine (@BitcoinMagazine) March 28, 2024Bankman-Fried reportedly expressed regret for the harm caused to FTX's customers and his former colleagues, acknowledging the gravity of his actions. However, throughout the trial, he maintained that he was innocent. He claimed that any error in FTX's management was not a deliberate act of fraud.Recently, Sam Bankman-Fried's attorney, Marc Mukasey, petitioned Kaplan to reduce the sentence of his client. Bankman-Fried's legal team advocated for a prison term ranging from five years and three months to six years and six months. As the cryptocurrency landscape continues to evolve, SBF's downfall is a reminder of the need for integrity in the sector. This article was written by Jared Kirui at www.financemagnates.com.

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  • Breaking News: Sam Bankman-Fried Sentenced to 25 Years Over FTX Bankruptcy

    Mar 28, 2024 | 09:01 am

    The post Breaking News: Sam Bankman-Fried Sentenced to 25 Years Over FTX Bankruptcy appeared first on Coinpedia Fintech News Nearly two years since the FTX cryptocurrency exchange filed for Chapter 11 bankruptcy protection in the United States, the world will finally get to know the punishment that former CEO Sam Bankman-Fried gets today, Thursday, March 28. During the mid-morning New York session, Judge Lewis Kaplan received 1,500 documents, out of which the defense submitted …

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  • Bitget Lists ABBLE (ABBL) Token: The Latest Solana-based Meme Coin

    Mar 28, 2024 | 09:00 am

    Bitget, a prominent cryptocurrency exchange and Web3 firm globally, is elated to announce the listing of ABBLE (ABBL), the newest meme token to join its expanding collection. A memecoin with no practical use, ABBL exemplifies the lively and dynamic character of the cryptocurrency market. When dealing meme tokens, crypto adherents are recommended to proceed cautiously […]

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  • Are Old Bitcoin Whales Selling Or Mitigating Risks Using Spot BTC ETFs?

    Mar 28, 2024 | 09:00 am

    Ki Young Ju, the founder of CryptoQuant, a blockchain analytics firm, has noticed a curious trend. In a post on X, the founder shared a snapshot suggesting that Bitcoin “old whales” might be shifting their holdings to “new whales,” mainly traditional finance heavyweights like Fidelity and BlackRock. The United States Securities and Exchange Commission (SEC) recently approved these new whales to list spot Bitcoin exchange-traded funds (ETFs) for all investors.  “Old Whales” Moving Coins: Selling Or Risk Mitigation? While a definitive sell-off isn’t confirmed, commentators replying to the founder’s post believe these “old whales” could be mitigating risk. In their assessment, moving their Bitcoin stash from self-custody to a regulated investment vehicle like spot Bitcoin ETFs is a better measure of covering unexpected eventualities. Related Reading: Crypto Exec Reveals Why Meme Coins Are The Next ‘Trojan Horse’ For Crypto Adoption If this is the approach, then it could prove strategic. Bitcoin holders can transact without depending on a third party. Notably, this development coincides with a significant drop in BTC inventory on major exchanges like Coinbase and Binance, as well as at GBTC. The decline has accelerated since the introduction of spot Bitcoin ETFs, hinting at a potential departure from exchanges. Meanwhile, the operators of GBTC are unwinding the product and converting it to a spot Bitcoin ETF following a court decision. Will Spot BTC ETFs Gain Traction? Even so, that “old whales” are moving their coins to centralized products like ETFs contradicts the core philosophy of BTC as a tool for financial self-sovereignty. Whether more users, mainly retailers, will choose to own spot Bitcoin ETF shares rather than the underlying coins directly remains to be seen. Related Reading: Fantom: Market Slowdown Chops Off 10% From Gains – Here’s Why Institutions might be obliged by law to use a regulated product if they need to be exposed to BTC. However, retailers can choose to buy directly from exchanges or mine. This freedom might lead to more retailers opting to buy BTC. This trend emerges ahead of the highly anticipated Bitcoin halving. This event is set for mid-April 2024 and will further reduce BTC’s circulating supply, potentially driving higher prices. Before then, BTC prices are firm, steady above $70,000 at the time of writing. Feature image from DALLE, chart from TradingView

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  • Shiba Inu Team Launches Latest Edition Of The SHIB Magazine

    Mar 28, 2024 | 09:00 am

    The Shiba Inu team has published the 18th edition of The Shib Magazine, featuring DAMN, the newest meme coin integrated into the Shibarium ecosystem. The publication emphasizes the latest developments and updates on the token, accentuating its impressive achievements and performance in the crypto space. Shiba Inu Magazine Unveils The Solana Killer, DAMN On Wednesday, […]

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  • Are Old Bitcoin Whales Selling Or Mitigating Risks Using Spot BTC ETFs?

    Mar 28, 2024 | 09:00 am

    Ki Young Ju, the founder of CryptoQuant, a blockchain analytics firm, has noticed a curious trend. In a post on X, the founder shared a snapshot suggesting that Bitcoin “old whales” might be shifting their holdings to “new whales,” mainly traditional finance heavyweights like Fidelity and BlackRock. The United States Securities and Exchange Commission (SEC) recently approved [...] The post Are Old Bitcoin Whales Selling Or Mitigating Risks Using Spot BTC ETFs? appeared first on Crypto Breaking News.

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  • Everything is an NFT: Richard Boase talks AI and blockchain on CoinGeek Backstage

    Mar 28, 2024 | 09:00 am

    BSV Mint Founder Richard Boase discusses the intersection of the two emerging technologies, including how blockchain preserves privacy in the digital payments world. [...] Read More... The post Everything is an NFT: Richard Boase talks AI and blockchain on CoinGeek Backstage appeared first on CoinGeek.

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  • Bitcoin and Ether Face Volatility as $15B Options Expiry Approaches: BTC Flirts with $70,000 Support

    Mar 28, 2024 | 08:58 am

    As much as $15.2 billion in Bitcoin and Ethereum options is set to expire on March 29. The price of the assets will be impacted by the influence of Spot ETF and halving bound to play a role. The digital currency ecosystem, led by the duo of Bitcoin (BTC) and Ethereum (ETH) is facing liquidity [...]

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  • OKX’s Global Compliance Chief Left After Six Months

    Mar 28, 2024 | 08:56 am

    Patrick Donegan, whose LinkedIn profile says he managed a team of 300 people around the world, was at OKX from August 2023 to January 2024.Source: CoinDesk The post OKX’s Global Compliance Chief Left After Six Months appeared first on Crypto Breaking News.

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  • DeFi Saver Integrates Account Abstraction Leader, Safe to Take the Experience of DeFi Users to the Next Level

    Mar 28, 2024 | 08:52 am

    Adding native support for Safe, smart accounts and multisigs, DeFi Saver significantly enhances the DeFi customers’ Ethereum ecosystem experience. To improve the DeFi user experience, DeFi Saver, one of the top apps for creating, monitoring, and maintaining DeFi positions on Ethereum, has revealed that they have integrated Safe, the leader in account abstraction. This follows […]

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  • Former FTX Boss Sam Bankman-Fried Sentenced to 25 Years in Prison

    Mar 28, 2024 | 08:52 am

    On Thursday, March 28, 2024, the former head of FTX, Sam Bankman-Fried, received his sentence during a federal court proceeding in Manhattan. U.S. Marshals escorted Bankman-Fried into the courtroom at precisely 9:39 a.m. Eastern Time, as reported by Matthew Russell Lee of Inner City Press. Judge Lewis Kaplan said, ” I know the Probation Department […]

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  • Former FTX Boss Sam Bankman-Fried Sentenced to 25 Years in Prison

    Mar 28, 2024 | 08:52 am

    On Thursday, March 28, 2024, the former head of FTX, Sam Bankman-Fried, received his sentence during a federal court proceeding in Manhattan. U.S. Marshals escorted Bankman-Fried into the courtroom at precisely 9:39 a.m. Eastern Time, as reported by Matthew Russell Lee of Inner City Press. Judge Lewis Kaplan said, ” I know the Probation Department [...] The post Former FTX Boss Sam Bankman-Fried Sentenced to 25 Years in Prison appeared first on Crypto Breaking News.

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  • 25-Year Prison Sentence for FTX Founder Sam Bankman-Fried

    Mar 28, 2024 | 08:50 am

    The post 25-Year Prison Sentence for FTX Founder Sam Bankman-Fried appeared first on Coinpedia Fintech News A federal judge decided on Thursday that Sam Bankman-Fried must serve 20 years in jail for the fraud and conspiracy that finally brought down his once-dominant cryptocurrency exchange, FTX, according to Reuters. A year after FTX filed for Chapter 11 bankruptcy, in November, Bankman-Fried was found guilty on seven criminal counts. Judge Lewis Kaplan made …

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  • Copper.co has forged a collaboration with Aptos Foundation

    Mar 28, 2024 | 08:50 am

    Copper.co, one of the absolute prime players in the digital asset custodian vertical, has collaborated with Apotos Foundation to advance the growth of incorporated blockchains. The incorporation will bring custody and in-built staking backing for Aptos, a separate L1 blockchain base created for upgradability, security and dependability in a decentralized network and builder ecosystem. Aptos …

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  • Former FTX CEO Sam Bankman-Fried sentenced to 25 years in landmark fraud case

    Mar 28, 2024 | 08:47 am

    Sam Bankman-Fried, the former CEO of FTX, was sentenced to 25 years in jail today in a packed courtroom, marking a significant moment in the legal scrutiny of the crypto industry. He will be 57 years old when he is released. The sentencing, as detailed by Inner City Press, comes after a series of legal […] The post Former FTX CEO Sam Bankman-Fried sentenced to 25 years in landmark fraud case appeared first on CryptoSlate.

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  • 1.5 Million People Trade Crypto Daily in Western Europe, Germany Leads

    Mar 28, 2024 | 08:46 am

    While the spotlight often falls on Asia and North America when discussing cryptocurrency adoption, Western Europe has been making significant strides in embracing digital assets. In a recent report, Bitget Research has shed light on European countries' crucial role in the global cryptocurrency market. The region, known for its developed economies and open-minded populace, has emerged as a key player in the crypto industry, with daily trading participants ranging from 1.2 million to 1.5 million.Germany and France Lead the Crypto WayAmong the eight Western European countries studied, Germany and France stand out as the most active hubs for cryptocurrency activities. According to the report, these two nations have seen significant growth in the number of users engaging with digital assets. Western Europe as a whole is the world's second-largest region in terms of crypto adoption.“Observations of traffic to domains of more than 150 centralized cryptocurrency exchanges show that, over the past six months, the total visit volume from Germany and France was 48.17 million and 35.11 million, respectively, with the Netherlands ranking third with 30 million visits,” the Bitget’s report stated.The number of active daily users on centralized cryptocurrency exchanges in Germany was 311,000 in December 2023, marking an improvement of 69% compared to December 2022. In France, there were 145,000 active users, which is an increase of 18% from the previous year. At 70%, the strongest growth was recorded in Austria, where the activity index reached nearly 60,000 investors daily over the year.The growing interest in cryptocurrencies is also evident from the data of the report's author, Bitget Exchange. Its user base has increased to 25 million as of the end of February 2024, having grown by 5 million in just under three months.Regulatory Alignment and Cultural AcceptanceThe report highlighted that the crypto policies in Western European countries generally align with the European Union's stance and the MiCA regulations, maintaining an open attitude towards cryptocurrency regulation while providing a stable and transparent regulatory environment.The report added that on top of Germany, France, and the Netherlands, “Switzerland, Belgium, Austria, Luxembourg, and Liechtenstein have relatively open policies on cryptocurrencies and blockchain technology, offering a stable and transparent regulatory environment.”From a cultural perspective, Western Europeans have remarkably accepted blockchain technology and cryptocurrencies. The region's history of embracing innovation and new ideas has translated into a willingness to explore the potential of digital assets.Chain Preferences and Trading HabitsWestern European users have demonstrated a strong affinity for decentralized projects, showcasing their familiarity with decentralized exchanges (DEXs) and other on-chain tools. The report has revealed that users in this region prefer popular chains and the Solana ecosystem.Regarding trading preferences, spot trading remains the most favored option among Western European users. However, countries like Germany, the Netherlands, and Switzerland have shown a stronger inclination towards futures trading. The report also noted a high level of acceptance for emerging assets, such as non-fungible tokens and meme coins.These instruments have driven the volumes of cryptocurrency exchanges at the beginning of 2024, including in February when trading activity grew for the fifth consecutive month.Centralized Exchanges Dominate, but DEXs Gain TractionCentralized exchanges continue to be the primary choice for cryptocurrency trading in Western Europe, with traffic to these platforms showing a fluctuating upward trend over the past year. This indicates a higher demand among Western European users for centralized exchanges than their decentralized counterparts."In terms of competitive landscape and platform advantages, global centralized exchanges continue to dominate the market with a more diverse and comprehensive range of services," Bitget added.However, the report also highlighted the growing popularity of leading decentralized exchanges across various chains, such as Uniswap and Pancakeswap. Western European users primarily utilize these DEXs and popular wallets like TrustWallet, Metamask, Coinbase Wallet, and Bitget Wallet.As the cryptocurrency industry continues to evolve, Western Europe is poised to remain a driving force, shaping the future of digital assets and blockchain technology. This article was written by Damian Chmiel at www.financemagnates.com.

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  • BEFE Coin’s Momentum: Expert Predicts Upward Trajectory to $0.01

    Mar 28, 2024 | 08:45 am

    BEFE announced a few days back that it will conduct a presale of its tokens […]

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  • Polkadot-backed Community Coin, DED Trends on X After Memecoin Snapshot Announcement

    Mar 28, 2024 | 08:44 am

    The community coin #DED, endorsed by Polkadot, reached the top of X’s trending charts, indicating the enthusiasm and involvement of the community in the meme coin. Over 20,000 people are waiting for their airdrop in the $DED telegram channel, demonstrating the newfound interest the project has created in the Polkadot ecosystem. The platform hopes that […]

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  • Degen Chain Launches its Revolutionary Layer-3 Blockchain

    Mar 28, 2024 | 08:42 am

    TL;DR Degen Chain, a new Layer 3 platform, is launched by Syndicate, offering ultra-cheap transactions for the community. It uses technologies like Arbitrum Orbit, Base and AnyTrust, with as its native gas token. Originating in the Farcaster community in January 2024, it has seen rapid growth with over 53,000 holders and 553,000 transactions. The decentralized ... Read more

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  • New Bull Run: Promising Crypto Projects

    Mar 28, 2024 | 08:40 am

    The post New Bull Run: Promising Crypto Projects appeared first on Coinpedia Fintech News The state of an asset market, be it crypto, stocks, bonds, commodities, or any other type of financial market, can always be described as either bullish or bearish. This means prices tend to move upward or downward for an extended period, with occasional deviations. “Buy the dip and sell when the crypto is at its …

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  • Google dives deeper into blockchain adding Bitcoin, EVM chains to ‘rich results’ indexing

    Mar 28, 2024 | 08:37 am

    Reports indicate that Google has expanded its search engine capabilities to include blockchain data from various networks, such as Bitcoin and Ethereum virtual machine networks like Fantom. This integration empowers users to access transaction details by searching for specific blockchain addresses directly within Google’s search engine ‘rich’ results. Last year, Google introduced this feature for […] The post Google dives deeper into blockchain adding Bitcoin, EVM chains to ‘rich results’ indexing appeared first on CryptoSlate.

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  • Rockstar Co-Founder and All-star Line Up Join Advisory Board to Take Metacade into Post Beta Orbit

    Mar 28, 2024 | 08:34 am

    London, United Kingdom, March 28th, 2024, Chainwire Metacade, the revolutionary Web3 gaming platform, prepares to streak out of beta with a slew of ground-breaking initiatives that will redefine the way blockchain games are developed. CEO, Russell Bennett, forecasts a series of landmark announcements across Q2 and Q3, 2024. Commencing with the

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  • The Role of CX in Crypto Platforms

    Mar 28, 2024 | 08:33 am

    Once upon a time, in the land of crypto, eager developers toiled away on their creations, crafting intricate systems and complex mechanisms. They were filled with hope that users from all corners of the world and the World Wide Web would soon flock to partake.  However, many a promising technological wonder found itself cold and […]

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  • Maximum Sentence: Judge Suggests Sam Bankman-Fried Could Face 110 Years In Prison

    Mar 28, 2024 | 08:33 am

    In a courtroom drama that has captivated the cryptocurrency world, the sentencing day for Sam Bankman-Fried, co-founder of the now-bankrupt crypto exchange FTX, has arrived. As the hearing unfolded, it became increasingly clear that the fallen crypto mogul could be handed the harshest punishment. Sam Bankman-Fried Found Guilty Of Obstruction And Perjury During the live […]

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  • Vitalik Buterin nods to Shiba Inu as SHIB soars sky-high!

    Mar 28, 2024 | 08:30 am

    Due to the unexpected support of Vitalik Buterin, the renowned developer of the Ethereum platform, Shiba Inu (SHIB) has once again sparked considerable enthusiasm in the cryptocurrency community. Indeed, Buterin acknowledged in public that SHIB’s performance has exceeded his initial expectations. Buterin has expressed his genuine thoughts about SHIB on social media, blaming them on …

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  • Dogecoin Leaps in Value, Reaches First $0.22 Peak Since 2021

    Mar 28, 2024 | 08:30 am

    The leading meme token by market value, dogecoin, experienced an 18% increase on Thursday, climbing to $0.22 per coin for its first ascent to this level since 2021. The ‘Dog Father’ Reigns: Dogecoin Soars 43.3% in 7 Days Against the U.S. Dollar The proclaimed ‘Dog Father’ of meme coins, dogecoin (DOGE), has shown a substantial […]

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  • Trading Volume for TNQ Token Exceeds $1 Million Since Listing

    Mar 28, 2024 | 08:24 am

    Trinique’s TNQ token has hit a major milestone by breaking $1 million in trading volume since it was just listed on Coinstore. This accomplishment shows that investors are becoming more engaged and interested in TNQ’s product. The token is now more widely accessible and is becoming more well-known in the cryptocurrency community thanks to its […]

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  • Ethereum’s BlobScriptions Debut Causes 10,000% Surge in Transaction Fees

    Mar 28, 2024 | 08:21 am

    TL;DR BlobScriptions on Ethereum are causing a significant increase in gas fees and transaction delays. Users may face problems using BlobScriptions due to high costs and possible delays. The community is alert to the exponential increase in Blob’s base rate and is looking for solutions to mitigate the adverse effects on the network. The recent ... Read more

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  • Ethereum-Based Tokenized Real Estate Platform USP Launches On Republic

    Mar 28, 2024 | 08:18 am

    Newport Beach, CA, United States of America, March 28th, 2024, Chainwire How This Californian Startup Is Revolutionizing Real Estate Investment through Ethereum-Based Tokenization USP, an innovative tokenized real estate investment marketplace and platform, is thrilled to announce its official launch on Republic.com/uspc, a leading crowdfunding portal. This move marks a huge milestone for USP, an [...]

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  • Arbitrum teams up with Azuki

    Mar 28, 2024 | 08:15 am

    Arbitrum, which is an Ethereum Layer 2 network, teams up with NFT collection Azuki to introduce Japanese animation series, anime, within the blockchain universe. With the name AnimeChain, the platform aims to leverage Arbitrum’s market capitalization of $4.3 billion, Azuki’s expanding anime ecosystem, rapidity, and extensive application base. With Azuki’s anime productions, video games, and …

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  • Ethereum-Based Tokenized Real Estate Platform USP Launches On Republic

    Mar 28, 2024 | 08:15 am

    Newport Beach, CA, United States of America, March 28th, 2024, Chainwire How This Californian Startup Is Revolutionizing Real Estate Investment through Ethereum-Based Tokenization USP, an innovative tokenized real estate investment marketplace and platform, is thrilled to announce its official launch on Republic.com/uspc, a leading crowdfunding portal. This move marks a huge milestone for USP, an […] The post Ethereum-Based Tokenized Real Estate Platform USP Launches On Republic appeared first on CoinChapter.

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  • Ethereum-Based Tokenized Real Estate Platform USP Launches On Republic

    Mar 28, 2024 | 08:15 am

    Newport Beach, CA, United States of America, March 28th, 2024, Chainwire How This Californian Startup Is Revolutionizing Real Estate Investment through Ethereum-Based Tokenization USP, an innovative tokenized real estate investment marketplace and platform, is thrilled to announce its official launch on Republic.com/uspc, a leading crowdfunding portal. This move marks a

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  • Blockchain Technology Meets AI: Fetch.ai, SingularityNET, Ocean Protocol Form Alliance

    Mar 28, 2024 | 08:12 am

    The blockchain technology networks Fetch.ai, SingularityNET, and Ocean Protocol recently merged their projects to create a decentralized form of artificial intelligence (AI). According to a statement by Fetch.ai, this collaboration aims to democratize access to AI technology while ensuring its benefits are equitably distributed. Embracing Decentralization in AINamed Superintelligence Alliance, the partnership is driven by a shared vision of harnessing the potential of AI for the benefit of humanity. Fetch.ai, SingularityNET, and Ocean Protocol plan to merge their tokens into a single currency dubbed Artificial Superintelligence (ASI). The trio has highlighted the need for decentralized control to prevent AI from being monopolized by a few entities.We are excited to announce a multi-billion token merger with @Fetch_ai and @oceanprotocol to create the Artificial Superintelligence Alliance, the largest open-sourced, decentralized network, and accelerate the race to AGI. Learn more: https://t.co/zT8Q1HbkEv pic.twitter.com/2U3VbeFfW5— SingularityNET (@SingularityNET) March 27, 2024ASI will be a universal AI token that aims to streamline transactions within the alliance's ecosystem and facilitate collaboration among developers, researchers, and users. With a combined value of $7.5 billion, the alliance aims to position itself as a formidable player in the AI industry. Fetch.ai, SingularityNET, and Ocean Protocol seek to create a decentralized ecosystem where the development of AI is open, transparent, and inclusive by merging their resources and expertise. Dr. Ben Goertzel, known as the "Father of AGI," leads SingularityNET, while Humayun Sheikh and Trent McConaghy spearhead Fetch.ai and Ocean Protocol, respectively.Artificial SuperintelligenceTo ensure effective governance, the alliance will establish a governing council comprising leaders from Fetch.ai, SingularityNET, and Ocean Protocol. Community input will be solicited, with governance proposals subject to approval by a majority of the leaders. Last year, blockchain technology and the AI sector experienced unprecedented growth. According to a report by Finance Magnates, the convergence of AI and blockchain technology promises to revolutionize user experiences and reshape the landscape of crypto and Web 3. The fusion of AI and blockchain enhances the personalization and optimization of crypto and Web 3.User-centric design is crucial for bridging the gap between users and technology in this sector. Platforms like Audius prioritize user experience, allowing interaction with crypto technology for music and art enthusiasts. By focusing on user needs and behaviors, user-centric design enhances accessibility and adoption of this technology. This article was written by Jared Kirui at www.financemagnates.com.

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  • Bitget Announces Listing of ABBLE (ABBL): The Latest Meme Token on Solana

    Mar 28, 2024 | 08:05 am

    Victoria, Seychelles, March 28th, 2024, Chainwire Bitget, a world leading cryptocurrency exchange and Web3 company, is pleased to announce the listing of ABBLE (ABBL), the newest addition to its growing portfolio of meme tokens. ABBL, a memecoin with no utility, reflects the dynamic and vibrant nature of the cryptocurrency market. Investors are advised to exercise […] The post Bitget Announces Listing of ABBLE (ABBL): The Latest Meme Token on Solana appeared first on CoinJournal.

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  • Bitcoin ETFs Bounce Back, Attracting $418 Million in Net Inflows

    Mar 28, 2024 | 08:02 am

    After a brief period of investor jitters, the U.S. spot Bitcoin ETF (exchange-trade­d fund) market seems to be re­gaining stability. According to the HODL15Capital, the te­n newly launched spot Bitcoin ETFs witnesse­d a combined $418 million net inflow on March 26th. This signifies a major turnaround from the­ preceding five conse­cutive days of net outflows. […]

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  • BlockDAG’s $9.3m hit gathers momentum after high-profile keynote video beats Ethereum and Stacks gains

    Mar 28, 2024 | 08:00 am

    The crypto community’s enthusiasm over the anticipated approval of an Ethereum-based ETF has significantly diminished following the Securities and Exchange Commission’s (SEC) deeper investigation into the Ethereum Foundation. Despite worries about Ethereum potentially being classified as a security, the price of Ether has maintained its strength, positively influencing the market, including numerous altcoins. Notably, STX’s …

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  • Can Dogecoin (DOGE) hit $1? Analysts believe this new 1000x AI token will be first

    Mar 28, 2024 | 08:00 am

    The cryptocurrency sphere is a buzz with speculation and anticipation as investors and enthusiasts alike ponder the potential for Dogecoin (DOGE) to reach the elusive $1 mark. This milestone has been a topic of considerable debate, driven by the coin’s significant popularity and the backing of high-profile individuals like Elon Musk. However, amidst this ongoing …

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  • Crypto Crackdown: US, UK Zero In On Hamas Funds In Gaza

    Mar 28, 2024 | 08:00 am

    In a synchronized move aimed at disrupting the financial infrastructure backing Hamas, the United States and the United Kingdom have taken decisive action by imposing sanctions on Gaza Now, an internet-based media platform allegedly involved in financing the militant group. The focal point of these sanctions is directed towards Mustafa Ayash, the mastermind behind Gaza […]

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  • Sui Spikes in Weekly DEX Volume, Joins Top 10 of All Blockchains

    Mar 28, 2024 | 08:00 am

    Grand Cayman, Cayman Islands, March 28th, 2024, Chainwire March DEX volume on Sui stands at over $2.88B – up more than 49% from February – with decentralized exchange Cetus and wholesale liquidity layer DeepBook leading. Sui, the fast ascending Layer 1 blockchain offering industry-leading performance and infinite scaling, continued to demonstrate its blistering DeFi growth […] The post Sui Spikes in Weekly DEX Volume, Joins Top 10 of All Blockchains appeared first on CoinJournal.

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  • Litecoin Millionaire Enters O2T $888K Competition, Explains “Buying Another Ferrari With Crypto Would Be Great”

    Mar 28, 2024 | 08:00 am

    A fascinating story emerges as a Litecoin (LTC) millionaire steps into the spotlight by entering the Option2Trade (O2T) $888K competition. This ambitious participant has set sights not just on the lucrative prize but on the tantalizing prospect of adding another Ferrari to their collection, paid for with cryptocurrency gains. This

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  • Here’s Why Investors Look Towards This 1000x Exchange Token Priced $0.029

    Mar 28, 2024 | 08:00 am

    In the ever-vibrant tapestry of the cryptocurrency market, the Shiba Inu (SHIB) rally stands out […]

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  • Bitget Announces Listing of ABBLE (ABBL): The Latest Meme Token on Solana

    Mar 28, 2024 | 07:57 am

    Victoria, Seychelles, March 28th, 2024, Chainwire Bitget, a world leading cryptocurrency exchange and Web3 company, is pleased to announce the listing of ABBLE (ABBL), the newest addition to its growing portfolio of meme tokens. ABBL, a memecoin with no utility, reflects the dynamic and vibrant nature of the cryptocurrency market. Investors are advised to exercise [...]

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  • Bitget Announces Listing of ABBLE (ABBL): The Latest Meme Token on Solana

    Mar 28, 2024 | 07:57 am

    Victoria, Seychelles, March 28th, 2024, Chainwire Bitget, a world leading cryptocurrency exchange and Web3 company, is pleased to announce the listing of ABBLE (ABBL), the newest addition to its growing portfolio of meme tokens. ABBL, a memecoin with no utility, reflects the dynamic and vibrant nature of the cryptocurrency market.

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  • ARK 21Shares Bitcoin ETF Surges with Record $200M Daily Inflows Amid Bitcoin Price Volatility

    Mar 28, 2024 | 07:52 am

    TL;DR Record Inflows for ARKB: The ARK 21Shares Bitcoin ETF, co-sponsored by ARK Invest, experienced a surge in daily inflows, reaching over $200 million despite Bitcoin’s price volatility. Growing Crypto ETF Popularity: ARKB’s success, along with BlackRock’s IBIT and Fidelity’s FBTC, indicates a rising interest in Bitcoin ETFs among investors, even as the cryptocurrency market ... Read more

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  • Bitcoin: Divergence, Whales, and Halving hype fuel price rise

    Mar 28, 2024 | 07:52 am

    Bitcoin is rallying above $70,000 at the time of writing this article. The trading community and crypto enthusiasts have primarily invested in boosting Bitcoin without relying on equities or other sectors. However, there is a slight change in that behavior, which is evident from the fact that the bullish divergence analysts see in the picture …

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  • Insider Analysis: Expert Forecasts BEFE Coin’s Momentum Towards $0.01

    Mar 28, 2024 | 07:51 am

    Engraving its footprint in the meme coin industry, BEFE has been generating a buzz across the digital world. With rapid price growth and significant attraction across the cryptosphere, the meme coin king has gained momentum toward a crucial milestone. Observing the performance closely, analysts predict that the price of the

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  • BlackRock’s BUIDL Fund Attracts $245M: Tokenized Treasury Market Eyes $1B Amid Growing Interest

    Mar 28, 2024 | 07:47 am

    The newly launched BUIDL, a BlackRock tokenized fund, is attracting large investors, with more than $245 million flowing into the fund. Analysts believe that this fund will soon reach $1 billion, propelling Ethereum, Polygon, Solana, and other blockchains. BlackRock’s newly launched tokenized asset fund, BUIDL, is recording massive inflows, with recent data showing that over [...]

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  • Dogwifhat (WIF) and SLERF lead the way as NuggetRush sells 250 M tokens

    Mar 28, 2024 | 07:45 am

    WIF pumped 13% today, trading around $3.21 and closing in on its ATH of $3.44 […]

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  • BEFE Coin: A Hidden 100X Gem in the Crypto Market

    Mar 28, 2024 | 07:40 am

    Recent changes in the crypto market have stunned everyone with their amazing record-breaking fluctuations. And amidst this, a new cryptocurrency has also become popular, and crypto fans are paying attention to it.  We’re talking about the meme coin rocket fueled by hype and FOMO that could realistically turn you into

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  • Ethena Labs announces 750 million ENA airdrop for its community

    Mar 28, 2024 | 07:35 am

    Ethena Labs has announced that the ENA airdrop is set for April 2, with trading on exchanges also open. Eligible Shard Campaign participants will be airdropped tokens amounting to 750 million, or 5% of ENA supply. Ethena Labs is set to mark the next step in its decentralization with one of the biggest airdrops in […] The post Ethena Labs announces 750 million ENA airdrop for its community appeared first on CoinJournal.

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  • From $100 to $200K: The Success Story of Bitgert Coin Investors

    Mar 28, 2024 | 07:34 am

    The early days of Bitcoin had the coin trading for just a few dollars. Holders from these days have been able to have exponential gains. Experts have been on the lookout for some coins like Bitcoin in their early days today and seem to have found one in Bitgert.  How

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  • Trader Turns Bullish on Altcoin Amid Breakout of Accumulation Range, Maps Path Forward for Sei and Gala

    Mar 28, 2024 | 07:30 am

    A widely followed cryptocurrency analyst and trader is expressing bullish sentiment on a top-30 altcoin by market cap. The trader pseudonymously known as Altcoin Sherpa tells his 212,600 followers on the social media platform X that Internet Computer (ICP), a blockchain project whose aim is to replicate the internet’s speed, power and scale on decentralized […] The post Trader Turns Bullish on Altcoin Amid Breakout of Accumulation Range, Maps Path Forward for Sei and Gala appeared first on The Daily Hodl.

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  • Fidelity Investments goes ahead with the spot Ether ETF proposal

    Mar 28, 2024 | 07:30 am

    Despite all the negativity surrounding applications for spot Ether ETF, Fidelity Investments has decided to continue pursuing its plans. There seems to be total clarity on the fact that the company intends to release an ETH ETF in November, when Cboe, the exchange where the product will be traded, filed a 19b-4 form on the …

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  • Pepecoin (PEPE) rival gains Ethereum & PEPE investor support here’s why

    Mar 28, 2024 | 07:30 am

    A new contender has emerged to challenge the status quo, capturing the imagination of both Ethereum (ETH) and Pepecoin (PEPE) investors. This rival, subtly hinted to be Shiba Budz (BUDZ), stands at the precipice of an exciting evolution in the digital currency space, drawing support from unexpected quarters. Let’s unravel the narrative behind this burgeoning …

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  • Bitcoin Cash Prepares for Halving: BCH Price Spikes 16% Ahead of April 4 Event

    Mar 28, 2024 | 07:17 am

    As Bitcoin Cash’s halving event on approaches April 4, Bitcoin Cash (BCH) has gained significant momentum, with an 85% surge on the monthly chart. The impending halving, which will reduce the block reward from 6.25 BCH to 3.125 BCH, has spurred bullish sentiment. Bitcoin blockchain’s first hardforked version Bitcoin Cash (BCH) has witnessed a strong [...]

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  • JizzLord Memecoin’s Rapid Rise Following Pre-Sale Success

    Mar 28, 2024 | 07:15 am

     The Solana memecoin world is buzzing yet again. This time around, with the debut of […]

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  • Atlas Navi’s Drive2Earn 2.0 offers big discounts on petrol prices

    Mar 28, 2024 | 07:10 am

    Bucharest, Romania, 28 March 2024: Atlas Navi, a trailblazer in AI-powered navigation, has unveiled Drive2Earn 2.0 — enhancing rewards for drivers as it sets its sights on overtaking Tesla as a market leader in capturing and analyzing vast quantities of data from dashcams. The app, which has now been downloaded more than 700,000 times worldwide, […] The post Atlas Navi’s Drive2Earn 2.0 offers big discounts on petrol prices appeared first on CryptoSlate.

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  • Breakdown of four phases of the Bitcoin Halving cycle

    Mar 28, 2024 | 07:10 am

    With Bitcoin Halving slated to happen in April 2024, there is speculation about how things will roll out for Bitcoin or BTC prices in the market. Most of it is based on how the prices have been pushed to an ATH when Halving happened 3 times before. Analysts have now broken down the entire segment …

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  • Prisma Finance Suffers $10 Million Exploit: Cybersecurity Alert Raises Concerns

    Mar 28, 2024 | 07:07 am

    TL;DR Prisma Finance suffered an exploit on March 28, resulting in an initial loss of around $10 million in cryptocurrencies. Cyvers, an on-chain security alert provider, detected the incident and alerted about multiple suspicious transactions. The protocol’s engineering team announced a thorough investigation and paused the protocol to address the security issue and protect user ... Read more

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  • Bonsai3 Platform Unveils Innovative Upgrade To Enable Seamless Web3 and AI Development 

    Mar 28, 2024 | 07:05 am

    In a bid to give Web3 developers a chance to focus on community growth and market expansion, the Bonsai3 protocol has been working on the proper tools needed to create world-class DeFi projects. Bonsai3 Morphs to Accommodate Emerging Web3 Features Bonsai3 protocol, a no-code platform that simplifies the adoption of

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  • Dogecoin (DOGE) Investors Double DOGE Profits in New Cryptocurrency

    Mar 28, 2024 | 07:00 am

    In the vibrant world of cryptocurrency, where innovation and community sentiment reign supreme, Dogecoin (DOGE) investors are setting their sights on a new horizon. Shiba Budz (BUDZ) has emerged as a promising new cryptocurrency, captivating the attention of the Dogecoin (DOGE) community. With its strategic positioning and unique appeal, Shiba

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  • Masa Network Integrates LayerZero for Cross-chain AI Data Network Boost

    Mar 28, 2024 | 07:00 am

    The world’s leading decentralized personal data network, Masa Network, has announced that it has integrated with LayerZero, an interoperability protocol that lets developers create omnichain experiences, tokens, and apps by smoothly connecting blockchains. Communication between Ethereum and Binance Smart Chain and the Masa Data Network, which will be released on

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  • Solana’s Future Clouded By Coinbase-SEC Ruling, Says Crypto Lawyer

    Mar 28, 2024 | 07:00 am

    On Wednesday, the future of Solana may have been clouded by United States Southern District of New York’s Judge Katherine Polk Failla with her decision against Coinbase’s motion to dismiss. The ruling enables the Securities and Exchange Commission (SEC) to advance its case against the crypto exchange giant. The case centers on allegations that Coinbase […]

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  • UK Cracks Down on Crypto Memes to Combat Influencer Scams

    Mar 28, 2024 | 07:00 am

    The Financial Conduct Authority (FCA), the UK’s financial watchdog, has issued new guidelines targeting social media influencers, or “finfluencers,” who use memes to promote cryptocurrencies and other investments. This move aims to tackle a concerning rise in scams perpetrated through these lighthearted online messages. Lucy Castledine, director of consumer investments at the FCA, highlights this […]

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  • KuCoin’s ‘safe’ bet: Will an airdrop shift user PoV? 

    Mar 28, 2024 | 07:00 am

    Can a $10 million airdrop change the trajectory of KuCoin's ongoing legal battle?

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  • Investors Flee Potential Downtrend On Ethereum Amid SEC Scrutiny To Chase High Returns On Milei Moneda

    Mar 28, 2024 | 07:00 am

    Investors are preparing for a bullish period for Ethereum. A potential pump brings investors to Milei Moneda. The US Securities and Exchange Commission takes interest in Ethereum (ETH) as the deadline for the approval of eight Ethereum ETF applications looms near. Meanwhile, Milei Moneda’s ($MEDA) presale attracts investors with the possibility of huge gains.  How [...]

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  • UAE CBDC strategy targets retail, wholesale applications

    Mar 28, 2024 | 07:00 am

    Projected to run for 12 to 15 months, the UAE's Phase 1 CBDC strategy will include the limited launch of the digital dirham and the completion of a previous project with India. [...] Read More... The post UAE CBDC strategy targets retail, wholesale applications appeared first on CoinGeek.

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  • VeChain’s Growing Adoption Triggers Optimism: VET Price Targets 100% Increase

    Mar 28, 2024 | 06:59 am

    VeChain has been tipped for a 100% explosive run that could see the asset breaching its all-time high of $0.2.  Another analyst has observed the formation of a cloning pattern, putting VET in line to hit $1.6.  The groundbreaking initiatives of VeChain (VET) unlocking new use cases across a variety of fields could spearhead an [...]

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  • Ethereum L2s face bottlenecks as ‘BlobScriptions’ drive fees up by over 10,000%

    Mar 28, 2024 | 06:57 am

    Ethereum’s blobs transaction fees witnessed an unprecedented surge yesterday with the debut of “BlobScriptions.” Blobs represent a novel transaction type that alleviates layer-2 fees on the Ethereum network and was introduced through the Dencun upgrade. Since its inception, the minimum gas price for a Blob to secure inclusion in an Ethereum block has stood at […] The post Ethereum L2s face bottlenecks as ‘BlobScriptions’ drive fees up by over 10,000% appeared first on CryptoSlate.

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  • BlackRock CEO Expresses Strong Optimism for Bitcoin as Its ETF Surpasses $17B

    Mar 28, 2024 | 06:50 am

    Larry Fink, CEO of BlackRock, expressed his surprise at the success of the firm's spot Bitcoin (BTC) exchange-traded fund (ETF) and reaffirmed his strong optimism about Bitcoin's long-term prospects. The post BlackRock CEO Expresses Strong Optimism for Bitcoin as Its ETF Surpasses $17B appeared first on CoinChapter.

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  • Strike introduces a newly crafted limits experience for Bitcoin

    Mar 28, 2024 | 06:50 am

    Strike has updated the limit for sending and withdrawing Bitcoin tokens. Previously, Strike set a limit on the amount users could transact either weekly or daily. However, the redesigned mechanism enables them to execute the transactions seamlessly without any limit. The objective here for Strike is to make sure that users remain in control of …

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  • Dogecoin co-founder envisions Bitcoin at $1 Million & Shiba Inu advocates pivot to RebelSatoshi

    Mar 28, 2024 | 06:45 am

    The world of cryptocurrency continues to be a rollercoaster ride, with established players like Bitcoin […]

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  • Big Time Generates over $100M in Revenue since Preseason

    Mar 28, 2024 | 06:40 am

    Austin, United States, March 28th, 2024, Chainwire Innovative game developer Big Time Studios announces that its highly anticipated free-to-play multiplayer action/MMO RPG Big Time, has generated $100M in revenue. According to the team, players transacted a total volume of over $230M, without selling a single token. “Success in Web3 gaming hinges on creating compelling experiences […] The post Big Time Generates over $100M in Revenue since Preseason appeared first on CoinJournal.

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  • BlackRock’s Tokenized Fund BUIDL Sees Big Inflows, Ondo Finance Transfers $95 Million in Assets

    Mar 28, 2024 | 06:38 am

    TL;DR BlackRock’s BUIDL Fund Success: BlackRock’s first tokenized fund, BUIDL, attracts $160 million in its first week, with a notable $95 million transfer from Ondo Finance. Blockchain’s Financial Transformation: The partnership between BlackRock and Ondo Finance with the BUIDL fund highlights the potential of blockchain technology to revolutionize finance through instant settlements and 24/7 trading. ... Read more

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  • Bybit Launches Crypto Trading Platform in the Netherlands in Collaboration with SATOS

    Mar 28, 2024 | 06:37 am

    The cryptocurrency exchange Bybit has launched a regulated digital asset platform in the Netherlands. According to the firm, this step, in partnership with SATOS, aims to give Dutch users access to the exchange's Web 3 features. Dubbed Bybit.nl, the new platform offers trading tools, education resources, and a range of financial products. Access to Trading ToolsBen Zhou, the Co-Founder and CEO of Bybit, mentioned: "We are thrilled to launch our regulated digital asset platform in the Netherlands, furthering our commitment to serving users while upholding regulatory compliance. Through our partnership with SATOS, we aim to provide Dutch users with a secure and seamless trading experience, backed by industry-leading security measures and unparalleled support."Bybit aims to engage with the Dutch crypto community, providing localized assistance and fostering collaboration through various initiatives. This approach aims to cultivate an inclusive trading environment for Dutch users.Through Bybit's partnership with SATOS, Dutch users can access Web 3 features, including the exchange's Web 3 Wallet and Airdrop Arcade. The crypto exchange mentioned that these features expand the scope of crypto trading possibilities in the region.🌍 Our Dutch Bybit community, powered by @SATOS_EU, has hit 1000+ members! 🚀 @BybitxSatosJoin now for exclusive campaigns and amazing prizes! 😎 Become a part of our family: https://t.co/4lZVPynnJ2Get 10 $USDT when you register now: https://t.co/3Vs5fsKxjX pic.twitter.com/gzXEGqMo9y— Bybit (@Bybit_Official) January 29, 2024Security and ReliabilityBybit and SATOS facilitate fiat deposits and withdrawals, with over 300 trading pairs available to Dutch users. SATOS is a crypto service provider regulated by the Dutch National Bank.Recently, Bybit ventured into the European market by opening a new office in the Netherlands. The crypto exchange, which established its global headquarters in Dubai less than a year ago, is growing its operations in Europe. Bybit's alliance with SATOS, formed in June 2023, has paved the way for its sustained presence in the Netherlands despite evolving regulatory frameworks.The company's foray into Europe marked yet another milestone in its journey of global expansion. Following its decision to relocate its global headquarters to Dubai in April 2023, Bybit has been actively exploring new markets and opportunities. This article was written by Jared Kirui at www.financemagnates.com.

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  • Polygon’s Napoli Upgrade: Enhancing User Experience and Performance – Is MATIC Poised to Surge?

    Mar 28, 2024 | 06:37 am

    Polygon sets the stage for Napoli Upgrade following the Inscriptions hype in December 2023.  Some of the features expected to be activated by Polygon’s Napoli upgrade are PIP-16, PIP-27, and PIP-31.  Polygon (MATIC) Proof of Stake (PoS) blockchain currently ranks among the top blockchain projects in the ecosystem as the team doubles down on its [...]

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  • Prisma Finance Suffers $11.6M Hack in Liquid Staking Shockwave, Moves to Mitigate Fallout

    Mar 28, 2024 | 06:30 am

    The decentralized finance (defi) entity, Prisma Finance, has fallen prey to a security breach, with onchain detectives revealing that $11.6 million has been pilfered from its liquid staking protocol. Prisma Finance in Turmoil: $11.6M Lost to Hackers, Emergency Measures Activated On a recent Thursday, blockchain surveillance and safety squads from Peckshield and Cyvers reported the […]

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  • TruFin partners with Laser Digital to launch institutional-focused Polygon Adoption Fund

    Mar 28, 2024 | 06:26 am

    Nomura’s digital asset subsidiary, Laser Digital, is partnering with WebN-incubated blockchain technology TruFin to start a new business. By launching the Laser Digital Polygon Adoption Fund (“Fund”), this effort uses Polygon’s Aggregation Layer (AggLayer) to convert the network’s liquidity potential in the digital economy into an investment opportunity in the analog sector. One of the …

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  • US Court Shames SEC’s Gary Gensler Over His Coinbase Witchhunt

    Mar 28, 2024 | 06:23 am

    A U.S. district judge has delivered a mixed ruling in the ongoing legal battle between the Securities and Exchange Commission (SEC) and Coinbase. The judge denied Coinbase's bid to dismiss the SEC's lawsuit regarding its crypto staking offering. However, she sided with Coinbase on a key aspect of the case – the Coinbase Wallet. The post US Court Shames SEC’s Gary Gensler Over His Coinbase Witchhunt appeared first on CoinChapter.

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  • Ethereum ETF Is Possible Even if ETH Is a Security, Says BlackRock CEO

    Mar 28, 2024 | 06:15 am

    TL;DR Larry Fink, CEO of BlackRock, is confident in the possibility of launching an Ethereum ETF, even if the U.S. Securities and Exchange Commission (SEC) classifies ETH as a security. BlackRock and seven other potential issuers have submitted their applications to the SEC and await regulatory resolutions. The success of BlackRock’s iShares Bitcoin Fund (IBIT) ... Read more

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  • Play AI intends to develop an L2 together with Polygon CDK

    Mar 28, 2024 | 06:05 am

    Play AI has intentions of developing an L2 with Polygon CDK. The code base will be used to deliver an initial modular chain to speed up AI enhancement in the gaming space. The ever-changing face of gaming in AI requires a technological base that helps cross obstacles with intelligent gaming and backs the increased personalized …

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  • Toncoin And Stacks Holders Reap Robust Gains While Rebel Satoshi’s New Presale Establishes Solid Market Presence

    Mar 28, 2024 | 06:00 am

    Toncoin (TON) and Stacks (STX) holders are enjoying substantial gains following the latest price rallies. Meanwhile, $RECQ, the utility token of Rebel Satoshi, has established a solid market presence with an impressive presale launch. Here, we discuss the latest performances of TON, STX, and $RECQ to pick the best crypto to invest in! Experts Have […] The post Toncoin And Stacks Holders Reap Robust Gains While Rebel Satoshi’s New Presale Establishes Solid Market Presence appeared first on CoinChapter.

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  • Shiba Inu vs Ethereum: Twitterverse Explodes

    Mar 28, 2024 | 06:00 am

    Ethereum co-founder Vitalik Buterin heaped praise on Shiba Inu for exceeding all expectations. Lead developer Shytoshi Kusama, too, joined the banter, sparking discussions within the crypto community. Buterin recounted his experience of sending a substantial amount of SHIB tokens with the expectation of a dramatic drop. However, he admitted SHIB “massively outperformed his expectations. Kusama’s […]

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  • SUI and Toncoin Are on Track for New All-Time Highs While Investors Take Dormant Positions in $RECQ Presale for a Possible 50x

    Mar 28, 2024 | 06:00 am

    SUI bulls expect surges above the $2.30 range. TON is poised to continue its bullish trend. $RECQ holders are looking at fantastic 525% gains. Crypto enthusiasts suggest Sui (SUI) and Toncoin (TON) as the best altcoins to buy today based on their outstanding future potential. Meanwhile, many experienced investors have decided to embrace Rebel Satoshi’s [...]

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  • Diamond Standard allows diamond investing with Oasis Pro and Avalanche

    Mar 28, 2024 | 05:45 am

    The asset-backed coin issued by Diamond Standard Commodities grants investors adequate access to an estimated $1.2T in natural resources via the Diamond Standard Fund. This coin represents an asset class that is accessible to diamonds, catering to exceptionally qualified investors, including pension funds and endowments, who have historically been unable to possess the commodities directly. …

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  • Ethena Protocol Introduces ENA Token for Sustainable Strategies and Shard Campaign

    Mar 28, 2024 | 05:36 am

    TL;DR Ethena Protocol has launched its new token, ENA, with the aim of strengthening its position. The USDe supply from Ethena has surpassed the $1 billion mark, highlighting the growth and strength of the protocol. They have announced the second season of their Sats Campaign, in line with their goal of integrating Bitcoin as a ... Read more

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  • Ethereum Staked Surges to $114B as Network Hits 1M Validators. But Why Might this be a Problem?

    Mar 28, 2024 | 05:33 am

    TL;DR Milestone Achieved: The Ethereum network hits one million validators with 32 million ETH staked, valued at approximately $114 billion, marking a significant growth in network participation. Rising Concerns: The validator surge sparks debate within the community about potential issues such as transaction failures and the risk of centralization, particularly with staking pools like Lido holding a ... Read more

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  • Fantom: Market Slowdown Chops Off 10% From Gains – Here’s Why

    Mar 28, 2024 | 05:30 am

    Leading the downturn today, Fantom (FTM) contributes to the 2% drop in the crypto market after weeks of growth. Related Reading: From $90 To $400 Litecoin: Analysts Bullish On LTC Soaring Trajectory Fantom is one of those altcoins that followed the broader momentum of the market. The latest market data shows that the token is down 10% in the past 24 hours, but is still on the green in the bi-weekly timeframe at 14%. However, Fantom has a trick up its sleeve to curb this brewing bearishness potentially.  Fantom CEO Michael Kong Unveils Sonic Launch  Sonic is the brand-new technology that the Fantom has been developing in the past 2 years. According to their latest blog post, Sonic was able to surpass the network’s 200 transactions per second metric. Although 200 TPS was already impressive compared to Ethereum’s 12 TPS, the network was quickly congested, and user experience deteriorated.  Kong said in the blog post:  “​​Sonic will be used to create a new best-in-class shared sequencer for L1 and L2 chains, capable of processing over 180 million daily transactions with real, sub-second confirmation times, and serve as the foundation to relaunch Fantom as an entirely new community-centric brand.”  This brand-new tech will cover all parts of the Fantom network, from bridging to a stablecoin launch, Sonic has it all.  Sonic Labs will also gain a slice of the pie as the foundation ultimately adds grant programs alongside the network upgrades.  Bitcoin is now trading at $70.396. Chart: TradingView “We will continue to significantly scale and accelerate our Sonic Labs grant program for developers who build unique and valuable applications and public goods in categories including gaming, DeFi, social media, streaming, and now distributed AI,” Kong added.  This will significantly increase the size of Fantom’s user base, boosting investor confidence, and giving more room for developers to innovate.  Furthermore, the advancements brought forth by Sonic Labs in covering all aspects of the Fantom network, from bridging to the launch of a stablecoin, are poised to have a notable impact on Fantom’s market dynamics. By streamlining processes, enhancing interoperability, and introducing new functionalities, these developments are likely to enhance the network’s attractiveness to investors and users alike. Related Reading: Hold Onto Your Seats: XRP Primed For 90% Rally, According To Top Analyst We are thrilled to announce the first of many angel investors that have joined our round! Sam Kazemian (@samkazemian ) is the founder of @FraxFinance ✦, one of the largest DeFi protocols with over $1.6bn in assets such as sfrxETH and the FRAX stablecoin. 🌐 Frax is committed… pic.twitter.com/zSL1XFNHYR — Fantom Foundation (@FantomFDN) March 27, 2024 The Fantom Foundation X account announced today that Frax Finance Founder Sam Kazemain is the first angel investor for Sonic, stating that Frax will deploy natively issued assets on Sonic on its eventual launch. Short-Term Gains Slashed In Favor Of The Long-Term Meanwhile, the bears have completely taken over the FTM market in the short to medium term. Investors in FTM could only hope that the broader market downturn will reverse in the coming weeks.  Featured image from Pexels, chart from TradingView

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  • Bitcoin Cash Rallies Ahead of Upcoming Halving and Upgrade

    Mar 28, 2024 | 05:30 am

    The Bitcoin Cash network stands on the brink of its forthcoming halving event, set to take place a week from now. This milestone will see mining rewards on the network notably reduced from their current levels. Currently, Bitcoin Cash ranks as the 15th largest by market capitalization among over 10,000 cryptocurrencies, having risen 91% against […]

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  • Web3Labs announces a partnership with DFINITY Foundation

    Mar 28, 2024 | 05:22 am

    Web3Labs has announced a strategic partnership with the DFINITY Foundation. The objective of entering into this collaboration is to boost the blend of artificial intelligence, that is, AI and Web3. DFINITY Foundation brings to the table an investment worth $20 million via the ICP Asia Alliance. Web3Labs looks forward to serving as a key player, …

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  • BlackRock CEO’s ETF comments boosts Ethereum (ETH) and Algotech (ALGT)

    Mar 28, 2024 | 05:08 am

    BlackRock CEO Larry Fink believes a spot Ethereum ETF is possible even if SEC designates ETH a security. Markets are upbeat amid this outlook despite current weakness. Meanwhile, investors eyeing new gems have identified new token Algotech (ALGT). BlackRock CEO Larry Fink has noted his bullish stance on Bitcoin, with the global asset management behemoth […] The post BlackRock CEO’s ETF comments boosts Ethereum (ETH) and Algotech (ALGT) appeared first on CoinJournal.

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  • BlackRock’s Larry Fink: Ethereum ETF Feasibility Unaffected by Security Designation

    Mar 28, 2024 | 05:01 am

    BlackRock’s CEO Larry Fink expressed confidence in the feasibility of an Ethereum ETF, even if ether is designated as a security. Despite regulatory uncertainties and the SEC’s cautious stance, the market optimism for Ethereum ETFs remains high. Recently, CNF reported that BlackRock, a leading asset manager, anticipates the SEC’s approval for an Ethereum ETF, buoyed [...]

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  • Overlays will provide a service layer for information in the Teranode era

    Mar 28, 2024 | 05:00 am

    Overlays are a way to create a shared context by maintaining a subset of transactions, and allowing users to read data from chain using SPV. They also provide a framework for the monetisation of distributed systems presenting new economic opportunities for service providers. [...] Read More... The post Overlays will provide a service layer for information in the Teranode era appeared first on CoinGeek.

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  • BlockDAG leads the presale race: $9.9 million and 5.4 billion coins ahead of Theta and LEO

    Mar 28, 2024 | 05:00 am

    Theta Network and UNUS SED LEO (LEO) have undeniably made their mark in a landscape buzzing with innovative blockchain projects. However, BlockDAG emerges as a standout contender amidst this competition, capturing attention with its remarkable success in presale rounds.  With $9.9 million raised and over 5.4 Billion coins sold, BlockDAG signals robust investor confidence and …

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  • Price Predictions For Uniswap And INJ: $ROE Is The Perfect Intersection Of DeFi And AI As Presale Investors Scoop More Tokens

    Mar 28, 2024 | 05:00 am

    What will the price of Uniswap (UNI) and Injective (INJ) be in 2024? After short dips, these altcoins are ready for a good rally. In addition, Borroe Finance ($ROE) is also attracting investors with its fusion of AI and DeFi. Let’s learn more about these top DeFi coins– UNI, INJ, and $ROE. Will Uniswap Trade [...]

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  • Cardano’s Charles Hoskinson Stands Firm: Defends ADA and Ripple Amid Forbes Controversy

    Mar 28, 2024 | 04:59 am

    Charles Hoskinson has defended Cardano and half a dozen other blockchain networks, including Tezos, Stellar, and XRPL, after a scathing article by Forbes on ‘crypto zombies.’ Forbes tore into over 20 crypto networks with a market cap worth over a billion dollars but few developers, users and applications and lack substantial use in the real [...]

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  • Litecoin ETF Hype Hits the Market

    Mar 28, 2024 | 04:52 am

    Litecoin’s resurgence has sparked fresh enthusiasm as rumors of potential ETF approval swirl across the crypto space. Adding weight to the speculation are LTC’s functional similarities to Bitcoin, which might pave the way for smoother regulatory approval than Ethereum. Recent developments concerning LTC have steered institutional sentiment toward the token. Just a week ago, Coinbase […]

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  • Ark’s Bitcoin ETF witnesses record-breaking inflow day

    Mar 28, 2024 | 04:50 am

    Quick Take Bitcoin (BTC) ETFs witnessed net inflows on March 27, totaling a solid $243.4 million, equivalent to 3,534.7 BTC. Leading the charge was BlackRock’s IBIT, which recorded a net inflow of $323.8 million, or 4,701.5 BTC, bringing its total net inflow to an impressive $13,862.7 billion, equivalent to 250,787 BTC. This is the largest […] The post Ark’s Bitcoin ETF witnesses record-breaking inflow day appeared first on CryptoSlate.

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  • Bitwise CIO Matt Hougan Says Inflows Into Spot Bitcoin ETFs Will Continue for Years – Here’s Why

    Mar 28, 2024 | 04:45 am

    The chief investment officer of crypto fund manager Bitwise believes that spot Bitcoin (BTC) exchange-traded funds (ETFs) will receive inflows for years to come. Bitwise CIO Matt Hougan tells his 40,700 followers on the social media platform X that there remains a large pool of clients who have yet to invest in BTC ETFs but […] The post Bitwise CIO Matt Hougan Says Inflows Into Spot Bitcoin ETFs Will Continue for Years – Here’s Why appeared first on The Daily Hodl.

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  • KuCoin Announces $10 Million Bitcoin and KCS Airdrop Amid US Legal Battle: What’s Behind the Move?

    Mar 28, 2024 | 04:40 am

    TL;DR KuCoin announces a $10 million airdrop in Bitcoin and KCS tokens. The SEC has recently suggested that airdrops could be considered a distribution of securities. The value of the native KCS token plummeted by 17% following the accusations. The exchange KuCoin has announced a $10 million airdrop in Bitcoin and KuCoin tokens (KCS) as ... Read more

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  • IOTA in Real Estate: Leveraging DLT for Construction and Development

    Mar 28, 2024 | 04:38 am

    IOTA’s distributed ledger technology (DLT) combined with real-world asset (RWA) tokenization presents a promising avenue for revolutionizing the real estate industry. Through the utilization of IOTA’s DLT, the real estate sector can also potentially overcome hurdles related to material procurement, quality assurance, etc. The IOTA blockchain network has been at the forefront of solving several [...]

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  • Crypto Exec Reveals Why Meme Coins Are The Next ‘Trojan Horse’ For Crypto Adoption

    Mar 28, 2024 | 04:30 am

    Maartje Bus, Vice President of Research at Messari, a prominent crypto market intelligence company, has declared meme coins as the Trojan Horse of the cryptocurrency space. She has highlighted their potential to foster massive adoption and increase engagement within the cryptocurrency space.  Why Meme Coins Are Crypto’s Trojan Horse For Adoption Speaking at BUIDL Asia, a global developer community in Seoul, South Korea, on Thursday, March 28, Bus gave a presentation on the emerging trends in crypto in 2024. The Messari crypto executive had primarily focused on the impact and potential benefits of meme coins in driving adoption within the crypto space.  Related Reading: Fifth Largest Bitcoin Whale Moves $6 Billion In BTC, Here’s The Destination According to Bus, meme coins have become an integral part of the crypto market and are evolving towards potentially establishing themselves as a distinct asset class. The Messari executive has described these humor themed coins as a “Trojan horse” which could potentially facilitate the entry of new users into the realm of cryptocurrency, effectively boosting adoption. During her speech, Bus disclosed that the introduction of these coins has successfully attracted the attention of both crypto and non-crypto enthusiasts. This is seen in the cryptocurrency’s ability to capture the attention of investors, utilizing its meme-based marketing strategies to fuel engagement while also providing opportunities for massive profitability due to its speculative nature.  Bus believes that meme coins could be likened to a long tail speculative service like lottery tickets which attract investors seeking high risk, high reward opportunities. Additionally, owing to their relatively low price value, they cater to individuals across various income brackets, who are willing to take speculative bets in the hopes of securing significant returns.  Moreover, according to the Messari executive, meme coins serve as a gateway for newcomers to the Web3 space, exposing them to fundamental crypto concepts like decentralization.   The Growing Allure In Crypto Space Lately, the rise in interest in meme coins has been growing at an exceptional rate, attracting both investors and traders from all over the world. This surge in interest has propelled meme coins in the spotlight, pushing their prices to unprecedented highs.  Related Reading: The Road To $100,000: Bitcoin Whale Accumulation Explodes Unlike traditional cryptocurrencies, which are backed by underlying projects and practical use cases, meme coins derive their value largely from their community and speculative appeal. Additionally, these cryptocurrencies offer a more approachable entry point into the realm of crypto investments, utilizing their affordability and susceptibility to social media trends and user sentiments to attract seasoned investors and newcomers alike.  Total market cap at $2.5 trillion | Source: Crypto Total Market Cap on Tradingview.com Featured image from Finbold, chart from Tradingview.com

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  • Bitcoin Miner Bitdeer Seeks $100 Million for Mining Capacity Expansion

    Mar 28, 2024 | 04:30 am

    Bitcoin miner Bitdeer is reportedly in discussions with private credit firms to secure $100 million in funding to expand its mining capacity. It is believed that the cryptocurrency miner has engaged a financial adviser to assist with the negotiations. Negotiations Between Bitdeer and Lenders Continue The cryptocurrency mining firm Bitdeer Technologies Group is reportedly seeking […]

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  • XRP ETF Likely to Beat Ethereum in Approval Race: Valkyrie Funds CIO

    Mar 28, 2024 | 04:23 am

    XRP and Litecoin ETFs are seen as more likely to gain approval over Ethereum ETFs, as indicated by Valkyrie Funds’ CIO. Regulatory outlook and market perspectives favor XRP and Litecoin due to less ambiguity compared to Ethereum. Valkyrie Funds’ Chief Information Officer (CIO) recently engaged in a fireside chat, the insights from which were shared [...]

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  • DeFi Saver integrates Safe to bring account abstraction to DeFi

    Mar 28, 2024 | 04:07 am

    Delaware, USA, March 28th, 2024, Chainwire In a move to greatly improve the user experience of DeFi users in the Ethereum ecosystem, DeFi Saver integrated native support for Safe smart accounts and multisigs. DeFi Saver, one of the leading apps for creating, tracking, and managing DeFi positions on Ethereum just announced they’ve integrated account abstraction […] The post DeFi Saver integrates Safe to bring account abstraction to DeFi appeared first on CoinChapter.

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  • House of Streams Presents First-Ever Live Interactive Reality Show With Bitcoin Prize, Global Streamers, and Live Fan Engagement Set to Redefine Reality TV

    Mar 28, 2024 | 04:00 am

    PRESS RELEASE. MALTA – March 28th, 2024 – At the forefront of entertainment innovation, Stream House Media Productions™, at https://www.shrimp.co/, announces the release date for its reality docuseries, slated to premiere in the spring of 2024. This production marks a one-of-a-kind venture, bringing together eight globally recognized streaming content creators for an unprecedented month of […]

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  • Hong Kong-based Asset Manager VSFG aiming for a May spot Bitcoin ETF launch

    Mar 28, 2024 | 03:03 am

    There are reports that the Hong Kong SFC is considering to approve Bitcoin ETFs in Q2 2024. VSFG and Value Partners have applied for approval to offer a spot Bitcoin ETF in Hong Kong. VSFG is targeting to launch the spot BTC ETF as early as May this year. Hong Kong’s financial landscape is set […] The post Hong Kong-based Asset Manager VSFG aiming for a May spot Bitcoin ETF launch appeared first on CoinJournal.

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  • Calvin Ayre: I invest in ideas and BSV is the best idea out there

    Mar 28, 2024 | 03:00 am

    There are certain misconceptions making the rounds following Calvin Ayre’s recent decision to distance himself from the toxic soup that is social media. [...] Read More... The post Calvin Ayre: I invest in ideas and BSV is the best idea out there appeared first on CoinGeek.

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  • Indonesia Implements Sandbox for Crypto Firms Ahead of OJK Oversight

    Mar 28, 2024 | 02:45 am

    To reshape the landscape of the cryptocurrency industry in Indonesia, the Financial Services Authority (OJK) has announced that crypto firms will be subject to evaluation in a regulatory sandbox before they can obtain licenses to operate. This development comes as part of the transition of regulatory oversight from the commodities and futures trading regulator, Bappebti, to OJK, scheduled to take place in January 2025.New Measure to Enhance Crypto Sector SecurityUnder the new regulatory framework, firms offering crypto services in Indonesia will be required to undergo evaluation within the regulatory sandbox. Failure to comply with this prerequisite will result in such firms being deemed to operate illegally within the country.A regulatory sandbox functions as a controlled environment where innovative financial products and services can be tested to ensure their safety and reliability. It provides a platform for trial runs, allowing regulators to assess the potential risks and benefits associated with new offerings, thereby enhancing security and responsible management within the financial sector.Indonesian regulator @ojkindonesia says crypto products will have to be evaluated in a sandbox environment before being licensed once it takes over supervision in January 2025, @Shoennax reports.https://t.co/jGCLiLGAYT— CoinDesk (@CoinDesk) March 28, 2024Crypto Assets Set to Move from Commodities to Financial InstrumentsThe impending shift of regulatory supervision from Bappebti to OJK marks a significant transition for the crypto industry in Indonesia. Currently classified as commodities, crypto assets fall under the purview of Bappebti. However, with OJK taking over supervision, it is anticipated that crypto assets will be reclassified as financial instruments.Indonesia's Financial Services Authority to Regulate Crypto Industry in 2025 with Evaluation in Regulatory SandboxIndonesia's Financial Services Authority (OJK) will take over regulation of the crypto industry from the commodities agency Bappebti. Crypto firms must undergo…— DexBot (@dexbot) March 28, 2024"This aligns with our spirit at OJK, particularly in consumer protection and education," Hasan Fawzi, the regulator's Head of Supervision for financial technology, digital financial assets and crypto, said at a media briefing. "We expect our regulatory mechanisms to directly impact the prevention of fraudulent investments." This article was written by Tareq Sikder at www.financemagnates.com.

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  • Top Analyst Says Blue Chip Ethereum Rival Eyeing Fresh 2024 Highs, Updates Outlook on Bitcoin and Dogecoin

    Mar 28, 2024 | 02:15 am

    A widely followed analyst and trader is offering his prediction on three crypto assets amid a slight bump in the markets. Starting with the layer-one blockchain Near Protocol (NEAR), the analyst pseudonymously known as Bluntz tells his 251,200 subscribers on the social media platform X that the Ethereum (ETH) rival could rise above $9.01, the […] The post Top Analyst Says Blue Chip Ethereum Rival Eyeing Fresh 2024 Highs, Updates Outlook on Bitcoin and Dogecoin appeared first on The Daily Hodl.

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  • Successful Traders on SUI and Fantom Target Milei Moneda for the Next Wave of Price Pump

    Mar 28, 2024 | 02:00 am

    The past few weeks have been exciting for SUI and Fantom (FTM) traders. The top altcoins have returned massive profits for their investors, living up to their reputation as two of the best cryptos to buy. However, all the low-hanging fruits seemed to have been picked as these investors are now looking at a new […] The post Successful Traders on SUI and Fantom Target Milei Moneda for the Next Wave of Price Pump appeared first on CoinChapter.

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  • Crypto Miner Sells Data Center for $6.1M as Its Shares Plunge 55% in 2024

    Mar 28, 2024 | 01:33 am

    Although Bitcoin (BTC) has already gained nearly 70% in 2024, shares of Argo Blockchain, a cryptocurrency mining company publicly listed in London and the USA, are scraping the bottom, falling 55%.The company's solution to some of its problems and shareholder discontent is selling its data center in Mirabel, Canada. The company's London branch (LSE: ARB) announced the finalization of this move on Thursday. At the same time, the miner issued over 460,000 new ordinary shares.Argo Blockchain Closes Sale of Mirabel Data Center, Reduces Debt by $12.4MThe plan to sell a data center in the Quebec region was first announced almost two months ago. The transaction, which yielded a total consideration of $6.1 million, has enabled the company to reduce its debt and streamline its operations significantly.The net proceeds from the sale were used to repay the Mirabel Facility's outstanding mortgage of $1.4 million, with the remainder being allocated to repay debt owed to Galaxy Digital Holdings, Ltd. As of 28 March 2024, Argo's debt balance with Galaxy is $12.8 million, representing a reduction of 63% from the original balance of $35 million."The Company continues to execute on its strategy of strengthening the balance sheet and reducing non-mining operating expenses. The Company reduced its debt by $12.4 million in Q1 2024,” Thomas Chippas, the Chief Executive Officer at Argo, commented on the transaction.#ARB ARGO BLOCKCHAIN Closing on sale of Mirabel data centre for a total consideration of $6.1m— The Dude (@Redpanda73) March 28, 2024In addition to the debt reduction, Argo has relocated and deployed mining machines from the Mirabel Facility to its facility in Baie Comeau, Quebec. This consolidation is expected to reduce the company's non-mining operating expenses by $0.7 million per year, allowing for more efficient use of the facility and onsite team. Argo Blockchain also announced the issuance of 460,477 new ordinary shares.Bitcoin Winter Hits ArgoAs mentioned at the very beginning, the price of Bitcoin is dynamically growing in 2024. Initially, Argo Blockchain's shares rose along with it, but weaker-than-expected BTC production in the first months of the year caused shareholders to lose confidence in the company. As a result, the cryptocurrency spring in the broad market turned into an extended winter for the digital asset miner.In the meantime, Argo Blockchain underwent significant changes in its management ranks. Seif El-Bakly stepped down as Chief Operating Officer after serving as interim Chief Executive Officer from February to November 2023.Whether we look at Argo's shares listed in London or the USA, the charts show the same picture: a decline of about 55% since the beginning of the year.At the same time, Marathon Digital Holdings, the largest publicly traded cryptocurrency miner, is losing only 6%, and Phoenix Group is gaining around 2%. This article was written by Damian Chmiel at www.financemagnates.com.

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  • ‘Eccentric’ Crypto Laundering Mastermind Dreamed of Being Anointed a Buddhist Goddess

    Mar 28, 2024 | 01:30 am

    Zhimin Qian, the alleged mastermind behind the cryptocurrency laundering, dreamed of being anointed as a Buddhist goddess by the Dalai Lama. Qian also had plans to build a Buddhist temple, an airport, and a port in Danube, a fictitious micronation situated between Serbia and Croatia. Zhimin Qian’s Digital Diary Zhimin Qian, the alleged mastermind behind […]

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  • sCrypt Hackathon 2024: Making Ordinals easier with smart contracts

    Mar 28, 2024 | 01:00 am

    In this sCrypt Hackathon 2024 kickoff session, 1Sat Ordinals developer David Case explains how inscribing single satoshi units with NFT data has captured everyone's attention. [...] Read More... The post sCrypt Hackathon 2024: Making Ordinals easier with smart contracts appeared first on CoinGeek.

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  • DED Trends on Twitter After Memecoin Snapshot Announcement

    Mar 28, 2024 | 00:08 am

    Lisbon, Portugal, March 28th, 2024, Chainwire Polkadot-backed community coin #DED, made it to the trending charts on X, demonstrating community’s engagement and interest behind the memecoin.  The project has sparked a new-found excitement in the Polkadot ecosystem, seeing over 20,000 await their airdrop in the $DED telegram channel. With the token’s snapshot debuting early last […] The post DED Trends on Twitter After Memecoin Snapshot Announcement appeared first on CoinChapter.

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  • Digital Asset Traders Withdraw $208,000,000 Worth of Crypto From KuCoin Following Government Charges: Nansen

    Mar 28, 2024 | 00:04 am

    Crypto traders moved $208 million worth of digital assets off the embattled exchange KuCoin following the company’s indictment. The blockchain analytics platform Nansen reports that $99 million worth of crypto flowed off the exchange on Ethereum (ETH) and $108 million on Ethereum Virtual Machine (EVM) chains. KuCoin still holds more than $6 billion worth of […] The post Digital Asset Traders Withdraw $208,000,000 Worth of Crypto From KuCoin Following Government Charges: Nansen appeared first on The Daily Hodl.

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  • URV researchers create blockchain app to control and manage personal data online

    Mar 27, 2024 | 23:00 pm

    A team at the University of Rovira i Virgili developed a personal data management tool based on blockchain that involves publishing smart contracts that are published for life and cannot be amended. [...] Read More... The post URV researchers create blockchain app to control and manage personal data online appeared first on CoinGeek.

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  • Japanese leasing firm trials real estate tokenization

    Mar 27, 2024 | 21:00 pm

    SMFL's pilot offering will use Vertalo and integrate asset tracking platform AssetForce in an attempt to revolutionize Japan's real estate sector as asset tokenization gathers steam. [...] Read More... The post Japanese leasing firm trials real estate tokenization appeared first on CoinGeek.

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  • Hong Kong leverages blockchain in digitizing shipping sector, powering up CBDC trial

    Mar 27, 2024 | 19:00 pm

    GSBN, with help from Ant Group, is modernizing the shipping industry through eBL, a blockchain-powered prototype that tokenizes goods and could propel Hong Kong's CBDC to greater heights. [...] Read More... The post Hong Kong leverages blockchain in digitizing shipping sector, powering up CBDC trial appeared first on CoinGeek.

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  • Are Doge Whales in Mood to Send DOGE Price to $1?

    Mar 27, 2024 | 18:54 pm

    NAIROBI (Coinchapter.com) – DOGE whales – addresses holding more than a million Dogecoin – are garnering considerable attention. Recently, data from Messari indicates that over 4,780 addresses hold this significant amount of the popular meme coin. This concentration of wealth suggests these major investors could potentially influence DOGE’s price trajectory in the market. While the […] The post Are Doge Whales in Mood to Send DOGE Price to $1? appeared first on CoinChapter.

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  • Decrypt Hacked Using Targeted Airdrop Scam

    Mar 27, 2024 | 18:20 pm

    NAIROBI (Coinchapter.com) – Decrypt has fallen victim to a targeted hacking attack compromising their widely read newsletter. Subscribers were bombarded with a deceptive email on Tuesday morning, enticing them with promises of a phony token airdrop. This carefully crafted scam was designed to exploit the established trust between Decrypt and its reader base. In response, […] The post Decrypt Hacked Using Targeted Airdrop Scam appeared first on CoinChapter.

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  • Litecoin’s Bullish Signal is Back, Signaling Another ATH

    Mar 27, 2024 | 17:56 pm

    Litecoin has lined up a bullish signal that could see the price of LTC rally to a new ATH, given that the signal has previously been accurate The post Litecoin’s Bullish Signal is Back, Signaling Another ATH appeared first on CoinChapter.

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  • Altcoins Surging as Market Anticipates Further Growth

    Mar 27, 2024 | 17:31 pm

    NAIROBI (Coinchapter.com) – Altcoins are surging, recording impressive gains and signaling a robust appetite for digital currencies beyond Bitcoin. As the financial landscape braces for what many see as a new era of growth, the spotlight shifts towards these emerging players. With Ethereum leading the charge, the momentum is undeniable, pointing to a bullish outlook […] The post Altcoins Surging as Market Anticipates Further Growth appeared first on CoinChapter.

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  • ADA at $5 Price Could Become Reality In This Cycle As Cardano Leads Top L1s In This Metric

    Mar 27, 2024 | 15:42 pm

    Cardano (ADA) has emerged as the leader in developer activity among Layer 1 blockchain platforms despite experiencing a notable price drop over the past week.

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  • Solana DEX Volumes Hit $50 Billion; Co-founder Compares Growth with Ethereum’s

    Mar 27, 2024 | 14:16 pm

    As Solana continues to gain traction, its success challenges established players like Ethereum, signalling a potential paradigm shift in the decentralized finance (DeFi) landscape.

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  • BlockDAG’s $9.7 Million Presale Dominates Crypto Market, Outperforming BeFi & Worldcoin Market Fluctuations

    Mar 27, 2024 | 14:15 pm

    BlockDAG has become a standout contender, capturing the crypto community’s attention with its groundbreaking presale success and the promise of a transformative blockchain solution. As the crypto landscape buzzes with discussions about Worldcoin’s price variability and BeFi Labs’ token debut, BlockDAG sets a new standard for investment opportunities in the industry. BeFi Labs Ushers in […]

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  • BOOK OF MEME Advances Rapidly In Trading Volume — BOME Bulls Look To Outperform Shiba Inu

    Mar 27, 2024 | 13:44 pm

    One newcomer making waves in the market is Book Of Meme (BOME), a cryptocurrency that has recently captured the spotlight with its impressive increase in trading volume and price.

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  • Trump’s Net Worth Balloons: Former President is a Billionaire Again

    Mar 27, 2024 | 12:50 pm

    The sudden windfall helped mitigate the Donald Trump's immediate financial liabilities. and could also help his presidential campaign. The post Trump’s Net Worth Balloons: Former President is a Billionaire Again appeared first on CoinChapter.

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  • Ethereum Foundation Faces Regulatory Examination; AI Altcoin Gains Credibility with Top Whales

    Mar 27, 2024 | 12:00 pm

    Ethereum (ETH) has recently been the center of discussion in the crypto community. ETH tanked by over 6% last week following concerns that the network could be in trouble. Recently, reports showed that an unnamed government authority is investigating Ethereum’s non-profit organization. The development has investors agitated for what it could mean for the platform, […] The post Ethereum Foundation Faces Regulatory Examination; AI Altcoin Gains Credibility with Top Whales appeared first on CoinChapter.

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  • Coinbase Faces Regulatory Heat as Judge Allows SEC's Lawsuit to Proceed

    Mar 27, 2024 | 11:14 am

    A federal judge in Manhattan has allowed the US Securities and Exchange Commission (SEC) to proceed with a lawsuit against Coinbase. While the court dismissed one of the regulator's claims, this latest decision paves the way for a potentially lengthy legal battle. The ruling marks a significant development in the ongoing regulatory scrutiny facing digital assets firms, Reuters reported.The US District Judge Katherine Failla partly granted Coinbase's motion to dismiss the SEC's lawsuit, which accused the company of violating securities regulations. Despite this partial win, the ruling largely aligns with the SEC's approach to regulating cryptocurrency, echoing previous decisions in favor of the regulator.Coinbase's Legal ArgumentsCoinbase's Chief Legal Officer, Paul Grewal, expressed the exchange's preparedness for the ruling and reiterated its commitment to contesting the SEC's claims. Despite this setback, Coinbase has expressed optimism in its legal arguments and plans to prove its position in court.The SEC's lawsuit against Coinbase, initiated in June, alleges that the exchange facilitated the trading of several crypto tokens that should have been registered as securities. Additionally, the SEC claims that Coinbase operated unlawfully as a national securities exchange, broker, and clearing agency without proper registration.Judge Failla's ruling allowed most aspects of the lawsuit to proceed, except for the SEC's claims that Coinbase acted as an unregistered broker through its wallet application. This legal confrontation marks a pivotal moment in the SEC's efforts to apply traditional securities laws to the rapidly evolving digital asset sector.Implications for the Crypto MarketCentral to the legal dispute is the interpretation of what constitutes security in the context of crypto assets. The SEC has relied on established legal precedents, including a US Supreme Court ruling, to determine whether certain crypto assets should be considered securities.However, Coinbase has contended that, unlike traditional securities, cryptocurrencies do not meet the criteria of deriving returns solely from the efforts of others. Judge Failla's decision favored the SEC's argument, suggesting that some digital assets listed on Coinbase could indeed be classified as securities.Last year, the SEC declined Coinbase Global's petition for specific regulations in the digital asset sector. Despite Coinbase's plea for these rules, citing inadequacies in current securities laws, the SEC's Chair, Gary Gensler, mentioned that the existing regulations are sufficient. He emphasized the applicability of the current laws to crypto markets.In a letter to Coinbase's Chief Legal Officer, Gensler claimed that the current regulations are suitable for the crypto industry. Gensler stressed the adaptability of existing laws, citing the Supreme Court's Howey test, which has been effectively used to evaluate crypto assets in federal courts. This article was written by Jared Kirui at www.financemagnates.com.

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  • MyShell Raises $11 Million for its Decentralized AI Consumer Layer

    Mar 27, 2024 | 11:01 am

    Tokyo, Japan, March 27th, 2024, Chainwire Funds from the Pre-Series A round led by Dragonfly will further develop MyShell’s open-source models and agent platform for empowering AI creators MyShell, a decentralized AI consumer layer, announced today that it has raised US$11 million in a Pre-Series A round, with participation from a cohort of high-profile investors, […] The post MyShell Raises $11 Million for its Decentralized AI Consumer Layer appeared first on CoinChapter.

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  • Investors Enjoy Juicy Gains On Jupiter And Maker While They Await More Upsides When NuggetRush Launches

    Mar 27, 2024 | 11:00 am

    Amid soaring crypto market activity, Jupiter has reached the $1.00 mark. Maker has also remained bullish, jumping to $3,000 in mid-March. NuggetRush (NUGX), an innovative mining adventure, could set a new path in the gaming industry after selling over 248 million tokens. The project has also won hearts with plans for unique gold rewards. Yet, […] The post Investors Enjoy Juicy Gains On Jupiter And Maker While They Await More Upsides When NuggetRush Launches appeared first on CoinChapter.

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  • Zircuit Launches Build to Earn Program to Reward Ecosystem Contributors

    Mar 27, 2024 | 10:06 am

    George Town, Grand Cayman, March 27th, 2024, Chainwire Zircuit, a fully EVM-compatible ZK rollup with parallelized circuits and AI-enabled security, today launched its Build to Earn program to incentivize builders, founders, and community members who contribute to the Zircuit ecosystem. Backed by Pantera Capital, Dragonfly Capital, and Maelstrom, Zircuit currently has over $800M staked. Zircuit […] The post Zircuit Launches Build to Earn Program to Reward Ecosystem Contributors appeared first on CoinChapter.

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  • SUI And ONDO Defy Broader Market Trend For Gains; Rebel Satoshi ($RBLZ) Earns New Traction As Holders Set Ambitious Price Targets

    Mar 27, 2024 | 10:00 am

    SUI and ONDO have emerged as the altcoins to watch ahead as the two defy the broader market trends. On the other hand, Rebel Satoshi ($RBLZ) has garnered immense attention among investors as it continues to outperform new ICOs. Let’s explore the expert projections for SUI, ONDO, and $RBLZ to find the best crypto investment […] The post SUI And ONDO Defy Broader Market Trend For Gains; Rebel Satoshi ($RBLZ) Earns New Traction As Holders Set Ambitious Price Targets appeared first on CoinChapter.

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  • XCAD Announces Multiple Governments’ Backing for New Initiative to Expand Web3 Education

    Mar 27, 2024 | 09:34 am

    UAE, UAE, March 27th, 2024, Chainwire XCAD Network – a tokenisation platform for YouTubers to connect and reward their viewers with crypto tokens – today announced it has signed MOUs (Memorandum of Understanding) with multiple governments to expand incentivised Web3 education to millions of people across the globe. By securing the support of several governments, […] The post XCAD Announces Multiple Governments’ Backing for New Initiative to Expand Web3 Education appeared first on CoinChapter.

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  • 6 Best Cloud Mining Software Of 2024

    Mar 27, 2024 | 09:19 am

    Cloud mining is a method of mining cryptocurrency without purchasing the required hardware or software. Instead, you rent mining power from a cloud mining company. This can be a great way to start cryptocurrency mining as it eliminates the need to invest in expensive hardware and software. However, it is important to choose a reputable […] The post 6 Best Cloud Mining Software Of 2024 appeared first on CoinChapter.

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  • KuCoin Faces $1 Billion Crypto Exodus amid US Charges, Assets Plummet 20%

    Mar 27, 2024 | 08:20 am

    KuCoin witnessed a staggering $1 billion in crypto withdrawals within 24 hours, coupled with a decline of 20% in assets under management, following charges levied against the platform by US authorities. Data analysis from Nansen and Arkham Intelligence has revealed the extent of the withdrawal surge and the subsequent depletion of assets.KuCoin Bleeds $1.083B in Crypto ExodusData provided by Nansen and Arkham Intelligence hasindicated that KuCoin encountered an unprecedented outflow of approximately $1.083 billion across Ethereum Virtual Machine-compatible chains, dwarfing the meagre inflows of $144 million during the same period. Notably, net outflows on the Ethereum network alone amounted to $840 million, as reported by Nansen."This is more than a 15% drop in assets held by the exchange," Nansen noted in a statement today (Wednesday), highlighting the substantial impact of the withdrawal wave.Arkham Intelligence's blockchain data corroborated the significant decline in crypto assets held by KuCoin-tagged addresses, plummeting from $6 billion to $4.8 billion within a day. Despite potential price fluctuations, the decrease primarily stems from users withdrawing their assets from the platform in response to the unfolding legal challenges.Investor Concerns Mount as Exchange Responds to Alleged ChargesThe surge in withdrawals coincided with US federal prosecutors charging KuCoin and two of its founders with violating anti-money laundering laws. A Homeland Security Investigations Special Agent characterized the exchange as "an alleged multibillion-dollar criminal conspiracy," exacerbating concerns among investors.XRP Dump Ahead? Will Ripple Survive? Should You Withdraw Your Funds From KuCoin? | MetaLawMan https://t.co/WOj1xLaCIl— The Wolf Of All Streets (@scottmelker) March 27, 2024While some users reported delays in withdrawal processing, blockchain data revealed that outgoing transactions from KuCoin were eventually executed. These delays were likely attributed to the high volume of withdrawal requests accumulated during the tumultuous period.Responding to mounting apprehensions, KuCoin reassured users of the platform's stability and the safety of their assets in a social media statement. The exchange emphasized that it is "operating well," despite the challenging circumstances. This article was written by Tareq Sikder at www.financemagnates.com.

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  • Johan Cruyff Institute & Zetly webinar series: Introduction to Web3 and Blockchain basics

    Mar 27, 2024 | 07:00 am

    Zetly, in partnership with Johan Cruyff Institute and BSV blockchain, set up a webinar to give participants an overview of the evolving technological landscape and background on Web3 and blockchain. [...] Read More... The post Johan Cruyff Institute & Zetly webinar series: Introduction to Web3 and Blockchain basics appeared first on CoinGeek.

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  • Block Dojo Philippines Cohort 1 showcases MVP pitches

    Mar 27, 2024 | 05:00 am

    Three Block Dojo PH founders demonstrated the limitless possibilities with blockchain, showcasing their proposed MVPs tackling recurring issues in the Philippine landscape. [...] Read More... The post Block Dojo Philippines Cohort 1 showcases MVP pitches appeared first on CoinGeek.

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  • Crypto Exchange OKX Pays €304,000 Fine in Malta for Compliance Failures

    Mar 27, 2024 | 03:34 am

    Okcoin Europe, the European branch of the cryptocurrency exchange OKX, recently received a fine of €304,000 from the Malta Financial Services Authority (MFSA) for failing to comply with local laws related to virtual assets.According to the MFSA, when determining the amount of the fine, it took the fact that OKX representatives cooperated with the regulator into account. However, no detailed information was provided regarding the specific violations.OKX Faces Financial Penalty in MaltaOKX, which has been operating in the Maltese market since 2018, is one of the largest entities in the retail cryptocurrency exchange industry. However, the recent fine imposed by the MFSA demonstrates that even the biggest players can face temporary compliance issues with regulations.The penalty was imposed as part of a settlement agreement and the "goodwill" shown by the company last month. The MFSA investigation revealed shortcomings in relation to Article 41 of the Virtual Financial Assets Act."By means of a settlement agreement entered into between the Company and the MFSA, the latter imposed an administrative penalty amounting to three hundred and four thousand euro," the MFSA stated in a press release.JUST IN: OKX's Okcoin Europe settles with Malta's MFSA for €304K over regulatory issues. The payment, termed a "goodwill" gesture, addresses past compliance failings. #OKX— THΞ FΞNNΞC (@Crypto_Fennec1) March 27, 2024However, the Maltese regulator took into account the fact that OKX cooperated, agreed to appoint an external service provider, and review its processes for compliance with local regulations.Maintaining a good relationship with the MFSA is essential for OKX, as Okcoin Europe is responsible for serving clients within the European Union. Last year, the exchange began expanding its territorial reach in Europe, applying for a license in France, among other countries.According to the most recent Finance Magnates Intelligence report, OKX is the fourth largest crypto exchange worldwide in terms of spot trading volumes. These ranked at over $75 billion in February 2024.Global Moves of OKXOKX, one of the world's largest exchanges, is not limiting its activities solely to Europe but is also expanding in other parts of the world. In mid-March, through its local subsidiary, OKX SG, the exchange joined the growing list of crypto exchanges with Singapore's MPI License.In February, OKX unveiled OKX.TR, a localized platform tailored for Turkish traders. The new exchange offers trading pairs denominated in Turkish Lira, catering to the burgeoning interest in digital assets within the country.However, global operations in the decentralized crypto market are not always met with success. Recently, the exchange had to shut down its services in India due to local regulatory hurdles. OKX has notified its users in the country to close their accounts and redeem their funds before 30 April. Despite the setback in India, OKX continues to expand its presence in various regions around the world. This article was written by Damian Chmiel at www.financemagnates.com.

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  • Novogratz’s Galaxy Digital Becomes Profitable in 2023 with a Push in Crypto Prices

    Mar 26, 2024 | 22:19 pm

    Michael Novogratz’s Galaxy Digital Holdings has turned a profit of $296 million in 2023, recovering from a loss of $1 billion in the previous year, as the upward movement of cryptocurrency prices picked up.Q4 Was the Profit GeneratorInterestingly, the final quarter of 2023 turned the results for the company when it generated a net income of $302 million, compared to a loss of $288 million in the corresponding quarter of the precious year. Even in the third quarter of 2023, it had a loss of $94 million.“Since the end of the fourth quarter 2023, digital asset prices materially changed, and our business has benefited from heightened market volatility and increased trading volumes,” the company stated.Indeed, the price of Bitcoin and other digital assets picked up at the end of 2023 with the anticipation of the approval of Bitcoin exchange-traded funds in the United States. Further, with the approval last January, the bull market received a push as Bitcoin neared $74,000.The Boom in Crypto Prices Pushed the RevenueThe financial report from Galaxy Digital, released yesterday (Tuesday), revealed its total annual revenue last year to be $613.8 million, a gain of over 46 percent. A realized gain of $311.8 million from digital assets pushed the total revenue higher. Another significant revenue generator was from derivatives, which brought in $151.5 million. Revenue from staking and lending services totaled $52.2 million, while earnings from mining operations was $33.1 million.Notably, the asset under management of the cryptocurrency funds managed by Galaxy Digital increased more than 200 percent in 2023 to reach $5.2 billion at the end of the year. This figure almost doubled in the next two consecutive months to reach $10.1 billion at the end of February 2024.“For the year-to-date period ending February 29, 2024, Galaxy Digital Holdings LP's income before tax is estimated to be approximately $300 million, driven primarily by the appreciation of digital asset prices and growth in our operating businesses. Galaxy Digital Holdings LP's equity capital increased to approximately $2.1 billion over the same period,” the company added. This article was written by Arnab Shome at www.financemagnates.com.

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  • Portugal Temporarily Halts Worldcoin's Biometric Data Collection

    Mar 26, 2024 | 09:17 am

    Portugal's data regulator, CNPD, has ordered Worldcoin to cease collecting biometric data in the country for 90 days, citing concerns over users' data protection rights. According to a report by Reuters, CNPD highlighted risks related to unauthorized data collection from minors and inadequate mechanisms to erase the information collected from users. However, Worldcoin has refuted the claims, citing ongoing efforts to address the regulatory issues, including the alleged sign-up of underage users. The iris-scanning project, which offers free cryptocurrency in exchange for iris scans, has attracted over 4.5 million users globally.Privacy ConcernsRecently, Worldcoin announced a shift toward personal custody to grant users control over their data. Amidst ongoing investigations and restrictions in other countries, Worldcoin faces regulatory challenges regarding privacy concerns in handling biometric data.Worldcoin's ambitious goal of establishing an identity and financial network has triggered regulatory scrutiny globally. According to its Founder, Sam Altman, such a system is crucial in navigating an AI-dominated world. However, privacy advocates caution against the risks associated with biometric data collection. Worldcoin has attracted interest from major investors, such as a16z crypto and Bain Capital Crypto. Despite assurances of compliance, Worldcoin faces regulatory hurdles in multiple jurisdictions. This includes recent actions by Kenya and Bavarian state regulators, indicating a broader trend of regulatory intervention.Escalating Regulatory ScrutinyIn Spain, the country's Data Protection Agency recently ordered Worldcoin to halt the collection and processing of personal data over privacy concerns. This action followed complaints regarding inadequate disclosure of information, data collection from minors, and the inability to withdraw consent. The intervention aims to prevent the transfer of personal data to third parties and secure already collected data.Last year, France and the UK questioned Worldcoin's data collection methods. The use of biometric data, such as iris scans, raised a concern. Similarly, the UK's Information Commissioner's Office emphasized the importance of obtaining users' consent and adhering to data protection laws. In response to the growing scrutiny, Worldcoin's Co-Founder, Alex Blania, defended the project's approach to handling biometric data, highlighting the necessity of distinguishing humans from AI bots. Blania mentioned that data privacy is ensured through blockchain technology. However, skepticism persists, with concerns about the potential for data leaks and breaches of privacy remaining unresolved. This article was written by Jared Kirui at www.financemagnates.com.

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  • KuCoin and Founders Face US Prosecution over Alleged AML Violations

    Mar 26, 2024 | 09:16 am

    US federal prosecutors announced charges against the crypto exchange KuCoin and two of its founders for allegedly violating anti-money laundering (AML) laws today (Tuesday). According to the indictment, KuCoin operated in the US without proper registration and failed to maintain an adequate AML program.No Arrests Made despite Charges The indictment, brought forth by the US Department of Justice (DOJ), accused KuCoin and its Founders, Chun Gan and Ke Tang, of running a money-transmitting business serving over 30 million customers without implementing a know-your-customer (KYC) or AML program until 2023. It was noted that even after the implementation of a KYC program, existing customers were not subject to its requirements. Despite these allegations, neither Gan nor Tang has been arrested, the DOJ clarified in a press release.Furthermore, the indictment claimed that KuCoin did not register with the US Financial Crimes Enforcement Network as a money services business, as required by law. Prosecutors argue that this failure to implement adequate AML measures allowed KuCoin to be exploited for money laundering activities, including those related to sanctions violations, darknet markets, and various fraudulent schemes.DOJ and CFTC Pursue Penalties The indictment also alleged KuCoin's involvement in receiving cryptocurrency from Tornado Cash, a sanctioned crypto mixer, totaling over $3.2 million. This connection was highlighted in criminal filings against developers associated with Tornado Cash.JUST IN: KuCoin exchange founders charged with conspiring to operate an unlicensed money transmitting business and conspiring to violate the Bank Secrecy Act by willfully failing to maintain an adequate anti-money laundering (“AML”) program 👀 pic.twitter.com/hBEnwHnUNt— Bitcoin News (@BitcoinNewsCom) March 26, 2024In addition to the DOJ's charges, the Commodity Futures Trading Commission (CFTC) filed a lawsuit against KuCoin, accusing the exchange of failing to register as a futures commission merchant or implement the required KYC program. The CFTC seeks monetary penalties, trading and registration bans, as well as an injunction against KuCoin.DOJ charges KuCoin with AML/KYC violations. Government alleges KuCoin failed to enforce KYC restrictions to block US users. The assault on VPNs has begun. pic.twitter.com/wpTRA8fn2Z— Carlo⚖️.eth (@DeFiDefenseLaw) March 26, 2024Both the DOJ and the CFTC are pursuing legal action against KuCoin, aiming for forfeiture and criminal penalties in the case brought forth by the DOJ and monetary penalties and regulatory measures through the CFTC's lawsuit. KuCoin has yet to publicly respond to these charges. This article was written by Tareq Sikder at www.financemagnates.com.

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  • Bakkt “Alleviates” from Existence Woes: Ends 2023 with $780M in Revenue

    Mar 26, 2024 | 03:04 am

    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 2023According to the financials published yesterday (Monday), the revenue included its gross crypto and net loyalty streams. Further, the company highlighted that its revenue from crypto services strengthened with the acquisition of Bakkt Crypto (formerly Apex Crypto).However, the company still ended the year with an adjusted EBITDA loss of $93.9 million. Its net loss narrowed by a significant 89 percent to $225.8 million.“Our focus for 2024 is on a set of strategic initiatives that will provide our business with efficient scale, including broadening our client network, expanding our product set, and prudently managing expenses,” Bakkt’s incoming President and Chief Executive Officer, Andy Main, said. Bakkt, set up by Intercontinental Exchange, was founded in 2018 with the initial goal of facilitating Starbucks customers to purchase coffee with Bitcoin. The company gradually moved to offer cryptocurrency trading, primarily with derivatives and is now focusing on crypto custodian services. It even launched a digital wallet in 2021 but discontinued the services last year.It went public in 2021, taking the reverse merger route with a blank-check company.Strengthened Cash Flow and OutlookIn a filing with the Securities and Exchange Commission last month, the NYSE-listed warned about its future as it was facing a cash crunch.“With our newly strengthened balance sheet, which helped put us in a position to alleviate the conditions that raised doubt about our ability to continue as a going concern, and improving crypto market conditions, we are excited about the opportunities in 2024 to execute on our key priorities and drive our company towards profitability,” Main added.For 2024, the company now expects to generate a total revenue between $3.29 billion and $5.11 billion. This article was written by Arnab Shome at www.financemagnates.com.

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  • EU Crypto Regulations Getting Closer: ESMA Publishes Final Report

    Mar 26, 2024 | 02:20 am

    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 ProvidersIn its first final report, ESMA has outlined proposals on the information required for the authorization of crypto-asset service providers (CASPs), the notification process for financial entities intending to provide crypto-asset services, the assessment of the intended acquisition of qualifying holdings in CASPs, and how CASPs should address complaints. The report aims to promote fair competition between CASPs and create a safer environment for investors across the European Union.ESMA's Securities and Markets Stakeholder Group has advocated for a "level playing field" where financial institutions providing crypto-asset services are subject to the same oversight and regulation as intermediaries offering similar financial services.What is in the Report?🔳 Information required for:👉 authorisation👉 where financial entities notify intent to provide crypto-asset services👉 assessment of intended acquisition of a qualifying holding in a CASP🔳 How CASPs should address complaintshttps://t.co/FWxk0W4v3d pic.twitter.com/iutLpGRUdX— ESMA - EU Securities Markets Regulator 🇪🇺 (@ESMAComms) March 25, 2024The group has endorsed a "two-track approach" involving notification requirements for regulated financial entities that largely align with the authorization requirements for other entities.“By striking a balance between investor protection and fostering innovation, regulators are rightly aiming to promote trust in the crypto ecosystem and ensure its sustainable growth in the long term,” Kok Kee Chong, the CEO of AsiaNext, commented on the final report.Third Consultation Package Seeks Input on MiCAESMA's third consultation package seeks input from stakeholders on four sets of proposed rules and guidelines. These cover detecting and reporting suspected market abuse in crypto-assets, policies and procedures for crypto-asset transfer services, suitability requirements for certain crypto-asset services, and ICT operational resilience for entities under MiCA. Stakeholders have until June 25, 2024, to provide feedback.What is in the #consultation?🔳 Detection & reporting → market abuse in #CryptoAssets🔳 Policies & procedures → transfer services🔳 Suitability requirements and format of the periodic statement for portfolio management🔳 #ICT operational resiliencehttps://t.co/4IBSL3GYvt pic.twitter.com/0xSQvJQbur— ESMA - EU Securities Markets Regulator 🇪🇺 (@ESMAComms) March 25, 2024“With crypto markets known for their high volatility, a sound risk framework helps an exchange minimise the impact of market uncertainties for institutional traders, Aligning with wider financial industry best practices, it is key for exchanges to engage in proactive risk management,” Kok Kee Chong added. The European Banking Authority (EBA) has also been consulting on the measures under the MiCA regulation since its completion in 2023. Earlier in the month, EBA and ESMA released a draft of regulations for issuers of stablecoins.🆕 #EBA final draft Regulatory Technical Standards (RTS) under #MiCAR 📜🔍These set out the requirements, templates and procedures for handling complaints received by issuers of asset reference tokens (ARTs) 🗂️📝https://t.co/yT3pSGSowh pic.twitter.com/DvycTm2MqI— EU Banking Authority - EBA 🇪🇺 (@EBA_News) March 13, 2024As the crypto ecosystem has experienced concerning developments, such as the collapse of crypto-asset service providers, ESMA has incorporated these lessons into the regulatory framework. This article was written by Damian Chmiel at www.financemagnates.com.

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  • SEC Seeks Nearly $2 Billion from Ripple Labs

    Mar 26, 2024 | 00:11 am

    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 RippleAccording to a tweet by Ripple’s Chef Legal Officer, Stuart Alderoty, the regulator has already asked the court for heavy fines and penalties. The SEC, which filed the motion under seal, is expected to come up publicly with the move on Tuesday, while Ripple will file its response next month.Our response will be filed next month, but as we all have seen time and again, this is a regulator that trades in statements that are false, mischaracterized and designed to mislead. They stayed true to form here. 2/4— Stuart Alderoty (@s_alderoty) March 25, 2024A Coindesk report detailed that the agency is seeking $1.95 billion in total, out of which $876 million in disgorgement, $198 million in prejudgment interest, and $876 million in civil penalty.“As we all have seen time and again, this is a regulator that trades in statements that are false, mischaracterized, and designed to mislead. They stayed true to form here,” Alderoty noted. “Rather than faithfully apply the law, the SEC remains bent on wanting to punish and intimidate Ripple - and the industry at large.”A High-Profile Crypto LawsuitThe American regulator first moved against the blockchain company in December 2020, alleging the illegal sale of XRP tokens to both retail and institutional investors, raising more than $1.3 billion. According to the regulator, XRP is unregistered securities.The initial regulatory lawsuit named Ripple’s CEO, Brad Garlinghouse, and the Co-Founder, Chris Larsen, but charges against them were dropped last October. Last July, the New York federal court ruled that the sale of XRP on exchanges and through algorithms did not violate any American securities law; however, sales to institutions did.“The SEC asks the Court to consider how easily actors, particularly in the crypto asset space, can today engage in the same sort of conduct as Ripple’s and send a strong message that such abuses will not be tolerated,” the latest motion filed by the SEC stated. This article was written by Arnab Shome at www.financemagnates.com.

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  • How to Add Core to MetaMask

    Mar 25, 2024 | 20:33 pm

    In this guide, we outline the safest and easiest way to add Core DAO to your MetaMask Wallet. Get started with the verified RPC and Chain ID to use the Bitcoin EVM chain.

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  • Robert Kiyosaki: Bitcoin Halving to Boost Price to $100,000 by September

    Mar 25, 2024 | 13:39 pm

    The renowned author of "Rich Dad, Poor Dad", Robert Kiyosaki, has predicted that Bitcoin will reach $100,000 by September, thanks to Bitcoin halving. Kiyosaki, known for his insights on wealth and investment strategies, plans to accumulate 10 Bitcoins before April, according to his post on X.He mentioned: "I am buying 10 more Bitcoin before April. Why? The 'Halving'. If you can't afford a whole Bitcoin, you may want to consider buying 1/10 of a coin via the new ETFs or Satoshi's. If the Bitcoin process works as designed, you may own a whole Bitcoin by the end of this year."Bitcoin Predictions and Economic UncertaintyKiyosaki's prediction is informed by his assessment of the global economic situation. He highlighted various factors contributing to financial instability, including the United States' staggering debt, China's troubled property market, and the economic challenges in Japan and Germany. Additionally, he highlighted consumers' reliance on credit cards, the state of troubled banks, and the looming global conflicts.I am buying 10 more Bitcoin before April. Why? The “Having.” If you can’t afford a whole Bitcoin you may want to consider buying 1/10 of a coin, via the new ETFs or Satoshi’s.If the Bitcoin process works as designed you may own a whole Bitcoin by the end of this year. I…— Robert Kiyosaki (@theRealKiyosaki) March 25, 2024He stated: "Because the 'smart money' knows the U.S. is the biggest debtor nation in the world; China's property market is 'toast'; Japan has been in a depression since 1990; Germany is sliding into a depression, mom and pop consumer are living on credit cards; banks are in trouble; and the world is on the brink of war."Bitcoin, Gold, and SilverBesides his recommendation for Bitcoin, Kiyosaki is bullish about investing in silver, particularly U.S. Silver Eagles. He cited their scarcity and the challenges in obtaining pre-1964 U.S. silver coins. Kiyosaki emphasized the affordability of silver as a precious metal investment alongside Bitcoin and gold, which he sees as essential to hedge against financial instability.Kiyosaki echoed the sentiments of Bitcoin advocate Michael Saylor, underscoring the risks associated with saving in fiat currency, which Saylor refers to as "fake money." Urging individuals to steer clear of financial impoverishment, Kiyosaki, along with Saylor and colleague Andy Schectman, encourages investors to acquire Bitcoin, silver, and gold to hedge against economic uncertainty.He added: "Of the three, silver is the most affordable for the most people. Bitcoin is about $70,000 a coin, gold is about $2,500 per coin, silver is about $35.00 a coin. Almost everyone in the world can afford at least one silver coin or one Bitcoin Satoshi." This article was written by Jared Kirui at www.financemagnates.com.

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  • LSE Opens Doors to Bitcoin and Ethereum ETN Applications

    Mar 25, 2024 | 10:49 am

    In a follow-up to the Stock Exchange Notice issued on March 11, 2024, the London Stock Exchange (LSE) has disclosed its intention to commence accepting applications for the admission to trading Bitcoin and Ethereum Crypto Exchange-Traded Notes (ETNs) from April 8, 2024.Regulatory Hurdles: FCA Approval Crucial for LSE's Crypto ETN LaunchThe Exchange's decision is contingent upon the approval of the base prospectuses by the Financial Conduct Authority (FCA), which is necessary for listing Crypto ETNs on the Main Market and the Official List of the FCA. Pending regulatory approval, the proposed date for the commencement of trading for these Crypto ETN securities is slated for May 28, 2024.The LSE has strategically opted to launch the market for Crypto ETNs on May 28 to facilitate the maximum participation of issuers on the inaugural trading day. This choice of date factors in the necessity for issuers to meet the eligibility criteria outlined in the Crypto ETN factsheet. Additionally, it allows ample time for issuers planning to list securities on the launch date to compile the requisite documentation to establish a Crypto ETN program, including obtaining the FCA's approval for the base prospectus.*LSE TO ACCEPT APPLICATIONS FOR BITCOIN, ETHEREUM ETN ADMISSION: BBG— Tree News (@News_Of_Alpha) March 11, 2024Compliance Crucial: Standards for Participation in LSE's Crypto ETN DebutIssuers intending to establish a Crypto ETN program for listing securities on the Main Market on May 28, 2024, are required to furnish the Exchange with necessary information no later than April 15, 2024. This includes a detailed letter outlining how the issuer and/or the Crypto ETN meet the stipulated requirements as per the Crypto ETN factsheet, along with a draft of the base prospectus indicating the inclusion of disclosures about these requirements.However, issuers must adhere to Admission and Disclosure Standards to partake in the first day of trading of Crypto ETNs on May 28, 2024. Failure to satisfy these standards will result in exclusion from participation. Specifically, issuers will be ineligible if they fail to demonstrate compliance with the requirements outlined in the Crypto ETN factsheet, submit their application for admission post the April 15, 2024 deadline, or if their base prospectus fails to secure the FCA's approval by midday on May 22, 2024. This article was written by Tareq Sikder at www.financemagnates.com.

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  • SFC Warns against Fraudulent Crypto Exchanges in Hong Kong

    Mar 25, 2024 | 09:38 am

    The Securities and Futures Commission of Hong Kong (SFC) has sounded the alarm against two dubious trading platforms, HKCEXP and EDY, today (Monday). In an official statement released on its website, the SFC cautioned investors about engaging with these platforms, citing suspicions of fraudulent activities.Allegations of False Claims and Withdrawal WoesAccording to the SFC, EDY is purported to be a virtual asset trading platform, falsely claiming affiliation with a financial institution in Hong Kong and a digital token system developed by another financial institution. However, investigations have revealed no such associations exist. Moreover, investors have lodged complaints stating they encountered difficulties withdrawing funds from the platform post deposits, indicating potential malpractice.Similarly, HKCEXP, another entity claiming to be a virtual asset trading platform, allegedly operates with a fake Hong Kong address and has misrepresented itself as an "SFC-registered company." Investors have reported instances where they were coerced into paying exorbitant fees under the guise of "taxes" to facilitate withdrawals.Hong Kong SFC Warns Public against HKCEXP for Suspected Crypto Fraud https://t.co/zqF7VdVEsC pic.twitter.com/RU6ERh7gkr— Coinspeaker (@coinspeaker) March 25, 2024In response to these alerts, the SFC advises that investors refrain from dealing with these platforms and report any suspicious activities to the regulator promptly. They emphasize the importance of verifying the legitimacy of trading platforms and ensuring compliance with regulatory requirements before making any investment decisions.SFC Warning on Bybit's Unlicensed OfferingsThe SFC issued a warning to investors regarding Bybit and its offerings in the cryptocurrency space, as reported earlier by Finance Magnates. Bybit, a cryptocurrency exchange, lacks the necessary licensing, posing risks to investors. The SFC identified 11 of Bybit's products as potentially suspicious investments, including futures contracts, options, leveraged tokens, and other crypto-related services. These products have been marketed to investors in Hong Kong without proper authorization, exposing them to significant financial risks. Dealing with crypto-related products in Hong Kong is regulated, requiring entities to obtain licensing from the SFC. This article was written by Tareq Sikder at www.financemagnates.com.

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  • How to Add NEO to MetaMask

    Mar 25, 2024 | 08:02 am

    In this guide, we outline whether you can add the NEO Layer 1 blockchain to your MetaMask Wallet. Get started quickly with the verified Chain ID and RPC details.

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  • Binance Faces Escalating Regulatory Pressure: Philippines Blocks Operations

    Mar 25, 2024 | 07:03 am

    The Securities and Exchange Commission (SEC) of the Philippines has blocked the cryptocurrency giant Binance. This action was taken after the exchange was found to be operating an investment and trading platform without the necessary license, raising concerns about the security of investors' funds.The commission approved the filing of a formal request with the National Telecommunications Commission (NTC) to block the exchange's website and other associated web pages in a meeting held on March 12.In the letter addressed to the NTC, the SEC’s Chairperson, Emilio Aquino, mentioned: "The SEC has identified the aforementioned platform and concluded that the public’s continued access to these websites or apps poses a threat to the security of the funds of investing Filipinos."Promotional ActivitiesAccording to the Philippines' securities watchdog, Binance has not obtained the required license from the SEC despite defining itself as a trading facility offering various investment products, including spot trading, futures contracts, and cryptocurrency savings accounts. This contravenes the country's regulations, which mandate licenses for soliciting investments from the public and operating securities exchanges.The SEC noted that Binance has an average daily trading volume of $65 billion across more than 402 cryptocurrencies, with a membership of over 183 million users. The platform has actively used promotional campaigns on social media to entice Filipinos into investment and trading activities.Binance Faces Regulatory Hurdles GloballyIn November last year, the SEC warned the public against investing in Binance. The agency has been collaborating with the NTC to block websites that illegally offer investments in the Philippines. Earlier actions included blocking websites and apps on other platforms like OctaFX and MiTrade, highlighting the regulator's commitment to protecting the investing public.Notably, the SEC has assured investors adequate time to exit the platform and transition their portfolios to authorized investment products and platforms.The enforcement action against Binance added to the exchange's growing list of regulatory challenges worldwide. From France to Nigeria, Binance has faced increased scrutiny and regulatory pressure over its operations. Notably, Nigeria's Securities and Exchange Commission has highlighted similar concerns regarding the solicitation of Nigerian citizens for crypto trading activities by Binance.Additionally, Binance's operations in the United States faced intense scrutiny, leading to significant legal battles and multi-billion-dollar settlements. The exchange officially exited the US market, and its Former CEO, Changpeng Zhao, stepped down from his role. This article was written by Jared Kirui at www.financemagnates.com.

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  • How to Add Shardeum to MetaMask

    Mar 25, 2024 | 01:51 am

    A safe and simple guide to adding Shardeum to your MetaMask Wallet to test the network and earn airdrop eligibility.

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  • Protected: Folks Finance

    Mar 22, 2024 | 04:53 am

    There is no excerpt because this is a protected post.

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  • Blockchain Expo North America Returns to Connect Blockchain, Crypto, NFT and Web3 Ecosystems

    Mar 10, 2024 | 23:58 pm

    Blockchain Expo North America returns for its 8th year, taking place on June 5-6 2024 at the Santa Clara Convention Center in California. The event and conference is tailor-made for the ambitious blockchain enthusiast who is looking to learn the latest advancements and innovations within blockchain, crypto, NFTs, web3 and more.  Building upon the success […]

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  • Blockchain Life Forum 2024 in Dubai: find out how to make the most of the current Bull Run

    Mar 8, 2024 | 04:25 am

    The highly anticipated Blockchain Life Forum 2024 is set to take place in the vibrant city of Dubai on April 15-16. Welcoming industry professionals and crypto enthusiasts from around the world, this legendary event promises to be an unforgettable experience. This time the central topic of the forum will be making money on Bull Run, […]

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  • Singapore Traders Fair and Blockchain Fest: A Day of Triumph and Innovation!

    Mar 8, 2024 | 04:14 am

    Singapore, March 5, 2024 – A day of triumph unfolded at Marina Bay Sands on March 2nd as two eagerly awaited events, the Singapore Traders Fair and the Blockchain Festival Asia 2024, jointly organised by global fintech event leader FINEXPO, concluded with resounding success. Welcoming a staggering total of over 2,500 attendees, this dynamic convergence […]

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  • DePIN: Is it the Next Big Wave in Blockchain?

    Feb 29, 2024 | 21:51 pm

    DePIN, short for Decentralized Public Infrastructure Network, is a new blockchain platform designed to address the scalability, security, and privacy issues in decentralized applications (#Dapps ). #DePIN utilizes a unique architecture that combines sharding, sidechain, and #PoS consensus to achieve high performance, strong security, and seamless interoperability between dApps. Here are some of the key […]

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  • Blockchain Life Week in Dubai: we have never seen this before

    Feb 27, 2024 | 22:22 pm

    The upcoming Blockchain Life 2024 Forum is set to be a game-changer for industry professionals and crypto enthusiasts from all over the world. With a lineup of renowned speakers confirmed, including the Founder of Tron, CEO of Tether, and CEO of Ledger along with many other leaders of the global crypto market. Gathering over 8000 […]

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  • Elevating Europe’s Crypto Hub: Next Block Expo Returns to Poland

    Feb 26, 2024 | 22:19 pm

    Next Block Expo, the Blockchain Festival of Europe, is gearing up for its return to Warsaw, Poland, on May 15-16, 2024. The event will be part of crypto week during which Poland’s capital will become the epicenter of crypto innovation in Europe.  The organizers strive to present Poland’s burgeoning potential as the next big crypto […]

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  • Octavia Web3 Assistant Leverages AI for Improved Crypto Insights and Management

    Feb 17, 2024 | 22:16 pm

    A new Web3 project named Octavia is harnessing the power of artificial intelligence to simplify cryptocurrency research, portfolio management, and potentially streamline trading processes. Octavia distinguishes itself by providing users with access to advanced AI tools and on-chain data analysis. With an increasing number of decentralized applications and complex financial instruments emerging in the Web3 […]

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  • ERC-404: Could This New Token Standard Disrupt the NFT Market?

    Feb 17, 2024 | 22:00 pm

    Buckle up, crypto enthusiasts, because there’s a new kid on the blockchain that might just shake up the way we think about NFTs. It’s called ERC-404, and it’s aiming to bridge the gap between two of the most popular token types out there. Think of ERC-404 like a hybrid car – it seamlessly blends the […]

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  • What is ERC-404?

    Feb 7, 2024 | 23:24 pm

    In a groundbreaking development, the cryptocurrency world is buzzing with the advent of the ERC-404 token standard. This innovative standard seamlessly merges the functionalities of fungible (ERC-20) and non-fungible (ERC-721) tokens, presenting a promising solution to the liquidity challenges faced by NFTs. The term “ERC-404” is making waves, capturing the attention of enthusiasts and experts […]

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  • How to Add Nibiru to MetaMask

    Feb 1, 2024 | 20:19 pm

    Can you Add Nibiru to MetaMask? Unfortunately, Nibiru and MetaMask are not compatible with each other directly because they operate on essentially different technologies. Nibiru utilizes its proprietary Inter-Blockchain Communication (IBC) protocol to function within the Cosmos ecosystem. It doesn’t work on the Ethereum Virtual Machine (EVM), which is MetaMask’s primary infrastructure. How to Add […]

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  • Dubai 2024 Welcomes the Pinnacle of Blockchain Innovation: The Global Blockchain Show

    Jan 24, 2024 | 06:32 am

    January 24, 2024. – Join the Global Blockchain Show 2024 in Dubai – an innovation hub showcasing pioneering blockchain technology and visionary experts, April 16-17. The Global Blockchain Show 2024 is set to take place in the magnificent city of Dubai, which is popular for its modern architecture and innovative approach. This event is a […]

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  • Coinbold Announces A Strategic Investment in Octavia

    Jan 20, 2024 | 01:45 am

    [Hanoi, January 20, 2024] – We are pleased to announce a strategic investment in Octavia, a prominent player in the blockchain and decentralized finance (DeFi) sector. This is not just a significant step but also a strategic partnership, marking the alignment between Coinbold and Octavia in shaping the future and development of the blockchain industry. […]

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  • Blockchain Life 2024 in Dubai – Waiting for ToTheMoon

    Jan 18, 2024 | 18:19 pm

    On April 15-16, the international forum Blockchain Life 2024 will bring together more than 8,000 crypto leaders and thousands of international companies at the main event of the year in Dubai. Official Trailer 2024:  https://youtu.be/jSn8TWHV9Lg Buy a ticket: https://blockchain-life.com What to expect: On the 2 stages of the event attendees can anticipate market analysis and […]

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  • What is XFarm (XFA)? A worthy alternative to xPet

    Jan 18, 2024 | 17:56 pm

    XFarm is a GameFi platform built on the Arbitrum ecosystem, regarded as an upgrade to its predecessor in the same gaming niche, xPet, which has recently gained recognition and established its reputation. What is XFarm? XFarm is a GameFi platform developed on the Arbitrum ecosystem, incorporating a groundbreaking mechanism that combines farming with blockchain technology. […]

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  • Singapore Traders Fair and Blockchain Festival 2024: A Game-Changing Blend of Finance and Blockchain at Marina Bay Sands, Singapore

    Jan 16, 2024 | 07:41 am

    Singapore – Get ready for an extraordinary event that will reshape the worlds of finance and blockchain technology. On March 2nd, 2024, the renowned Marina Bay Sands Expo and Convention Centre will host the largest-ever Traders Fair and Blockchain Festival, organised by industry trailblazers FINEXPO. This isn’t just another event; it’s a major shift into […]

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  • Dubai to host global AI leaders as the UAE ramps up its National Vision for Artificial Intelligence

    Jan 15, 2024 | 19:38 pm

    January 16 : Go on a 2-day networking spree and explore opportunities in AI, ML and RPA technologies at Global AI Show that will host world leaders of the global AI space. Jan 9, 2024: Grand Hyatt Dubai is all set to host the highly anticipated Global AI Show on 16-17 April, 2024. Event managed […]

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  • Crypto Vision Conference 2024 – Philippines: “Decrypting the Crypto Market Outlook for 2024”

    Jan 11, 2024 | 05:52 am

    Be ready on a journey of discovery and insight at this pivotal event, where the future of cryptocurrency and digital finance takes center stage. Unlock the future prospects of the crypto market at the Crypto Vision Conference 2024 in Makati, Philippines!  Event Overview The Crypto Vision Conference 2024 is more than just a gathering; it’s […]

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  • Global Blockchain Show, Dubai, to gather Blockchain and Web3 experts, provide networking opportunities

    Jan 11, 2024 | 03:32 am

    January 11 – VAP Group, a leader in Web3 & Crypto Innovation, to host the biggest blockchain event in the heart of Dubai at Grand Hyatt Dubai from 16-17 April 2024 Global Blockchain Show Dubai is gearing up to welcome more than 7000 attendees, 300 speakers, 120 sponsors, and 3000 firms who will unite from […]

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  • US Senate Shows Growing Support for Warren’s Crypto Regulation Bill

    Dec 18, 2023 | 04:07 am

    A Legal Expert’s Insight on Senate Support In the United States, a notable shift is occurring in the Senate regarding cryptocurrency regulation. Legal expert John E. Deaton, renowned for his commentary on the Ripple-SEC legal battle, disclosed a significant development. Deaton reports that a fifth of the Senate backs Senator Elizabeth Warren’s proposed legislation aimed […]

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  • FTX’s Bankruptcy Saga: A Complex Puzzle for Creditors

    Dec 18, 2023 | 02:09 am

    New Chapter in FTX Bankruptcy: Concerns and Queries In a recent development, FTX debtors have introduced a modified plan to settle customer claims and conclude their bankruptcy proceedings. This revised scheme, an amendment to the Chapter 11 proceedings of the defunct cryptocurrency exchange, has sparked a series of unanswered questions. Cryptocurrency Valuation: A Thorny Issue […]

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  • Bitcoin Futures: A Window into Advanced Crypto Investments

    Dec 18, 2023 | 01:53 am

    Understanding Bitcoin Futures Bitcoin’s rise as a popular cryptocurrency has led to a myriad of investment options. Among these, Bitcoin futures are notable. They represent a financial agreement to trade Bitcoin or its cash value at a set price in the future. This contract is a speculation tool for predicting Bitcoin’s price movements, with investors […]

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  • FTX’s Financial Struggles: Accumulating $53,000 Per Hour in Bankruptcy Fees

    Dec 18, 2023 | 01:29 am

    FTX Financial Turbulence In the three-month period concluding on 31 October, FTX, the now-defunct crypto exchange, has been grappling with substantial legal expenses, depleting about $53,000 per hour on bankruptcy lawyers and advisers. The latest compensation filings, covering 5 December to 16 December, lay bare the financial strain, revealing that bankruptcy lawyers accumulated a staggering […]

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  • Cardano’s Hoskinson Criticizes XRP Community Again

    Dec 17, 2023 | 22:43 pm

    Hoskinson Reaffirms Disdain for XRP Community In a recent statement, Charles Hoskinson, the founder of the Cardano blockchain platform, reaffirmed his negative stance towards the XRP community. Hoskinson, known for his candid remarks, has long been critical of both Ripple and its community. A year ago, Hoskinson made headlines by describing the XRP community as […]

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  • NFT Trader Faces Security Crisis: Millions in Tokens Stolen

    Dec 17, 2023 | 22:17 pm

    NFT Trader Security Breach A security breach struck the NFT Trader platform on 16 December, resulting in the illicit acquisition of millions of dollars’ worth of nonfungible tokens (NFTs). The incident, acknowledged by NFT Trader on X (formerly Twitter), targeted outdated smart contracts. 🚨🚨We’ve suffered an attack on old smart contracts, please remove the delegation […]

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  • Bitcoin’s Surging Transaction Fees Demand L2 Attention

    Dec 17, 2023 | 21:07 pm

    Fee Spike Spurs Bitcoin Network Scrutiny On a recent Saturday, Bitcoin’s transaction fees soared, hitting $40 per transaction at 1:48 p.m. Eastern Time. This spike, surpassing the previous high of May 8, 2023, has thrown the spotlight on the inner workings of the Bitcoin network. Miners Capitalize on Rising Fees The fee surge, peaking just […]

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  • Coinbase Institutional’s Vision: Shaping Crypto’s Future in 2024

    Dec 17, 2023 | 20:47 pm

    A Glimpse into Coinbase Institutional Coinbase, a frontrunner in cryptocurrency exchanges, has tailored its Coinbase Institutional branch to cater to the sophisticated needs of professional investors. This segment targets hedge funds, asset managers, pension funds, and other large-scale clients. It’s designed to align with the intricate requirements of institutional digital asset trading and investment. Coinbase […]

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