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Mid-May NFT Sales Drop by 8.97%, Top 4 Chains See Reductions
18.5.2024
Between May 10 and May 17, non-fungible token (NFT) sales totaled $150.56 million, marking an 8.97% decline from the previous week’s figures. NFT sales have consistently decreased on a weekly basis, as four out of the top five blockchains by sales volume experienced reductions during this...
Biden may rethink SAB 121 vote veto due to political support for crypto
18.5.2024
The U.S. Congress bipartisan vote has overwhelmingly demonstrated its rejection of the SEC’s SAB 121. President Biden threatened to veto the overruling. Will the executive branch overthrow Congress’s decision?
Turkey Drafts Crypto Bills To Align With International Standards
17.5.2024
The crypto law that was presented by Abdullah Güler, the group chairperson of the political group AK Party, on May 16 would significantly regulate the cryptocurrency business in compliance with global norms.
The post Turkey Drafts Crypto Bills To Align With International Standards appeared first...
Former Alameda Research CEO Sam Trabucco Defends FTX Exec Ryan Salame Ahead Of Sentencing
17.5.2024
Sam Trabucco, the once co-CEO of Alameda Research, has spoken out in support of FTX executive, Ryan Salame, ahead of his sentencing on May 28, an updated court filing reveals. Salame has largely kept out of the spotlight since FTX's collapse and is facing a maximum of 10 years in prison for...
Solana Meme Coin SLOTH Lists on HTX Monday 20 May at 12pm UTC, is Binance Next?
17.5.2024
Popular and lovable Solana meme coin Slothana ($SLOTH) today announced that it will be listed on top 10 crypto exchange HTX.Trading is set to begin on Monday 20 May at 12pm UTC, with deposits open now, according to the details released simultaneously via an HTX blog and a $SLOTH X post.The exchange...
Best Crypto to Buy Now May 17 – Arweave, Hedera, THORChain
17.5.2024
As major cryptocurrencies look to end the week on a strong footing, with Bitcoin (BTC) looking to push above a key short-term resistance zone, traders are parsing through their options in the altcoin market that might be the best crypto to buy now.
The post Best Crypto to Buy Now May 17 – Arweave...
French Regulator Warns Investors For Using ByBit Despite Ban
17.5.2024
ByBit has been under scrutiny in France for its lack of non-compliance with current regulations and was blacklisted in 20 May 2022.
The post French Regulator Warns Investors For Using ByBit Despite Ban appeared first on Cryptonews
South Korean Police Arrest 34 in Swoop on Crypto-powered Drugs Smuggling Ring
17.5.2024
South Korean police have arrested 34 people in a raid on a suspected crypto-powered drugs smuggling ring, officers announced on May 16.
The post South Korean Police Arrest 34 in Swoop on Crypto-powered Drugs Smuggling Ring appeared first on Cryptonews
Tether and TON Partner with Oobit for USDT-to-Fiat Transactions via Mobile App
16.5.2024
Tether Operations Limited, the largest entity in the digital asset ecosystem, announced a strategic partnership with Oobit, a mobile payment app, and the TON Foundation on May 16.
The post Tether and TON Partner with Oobit for USDT-to-Fiat Transactions via Mobile App appeared first on Cryptonews
After Bringing 10,000% Returns to Early Supporters, Gaming Meme Coin $SPONGE Polls X Followers About Lucrative Staking Rewards
16.5.2024
Thursday, May 16, 2024 – Sponge ($SPONGE), a popular new meme coin that has brought early supporters returns of 10,000%, has launched a social media poll asking the community for direction on how to distribute the project’s lucrative staking rewards. The poll will run from May 16th to...
SOL Meme Coin Sealana Presale Zooms to $1,230,000 as Smart Money Jumps Onboard
16.5.2024
Thursday, May 16, 2024 – As the Solana price sets its sights on $200, it is meme coins like Sealana ($SEAL) that are making a splash, as its presale accelerates towards the finish line. Sealana has raised $1,230,000, with no sign that the appetite for SOL meme coins is letting up....
Will VeChain (VET) be a profitable investment in May 2024?
16.5.2024
VeChain’s native token, VET, is currently trading at around $0.034 and has nearly increased by 1.5% in trade volume over the last 24 hours. VET is based on the VeChain supply chain, which recently turned green after trading in red for more than seven days. As it crawls slowly in the price...
US Senators Propose $32 Billion Investment Plan to Boost AI and Tech Growth
16.5.2024
Four senators from different political parties are calling on Congress to act decisively and boldly on May 15 in order to ensure American leadership in the field of artificial intelligence (AI).
The post US Senators Propose $32 Billion Investment Plan to Boost AI and Tech Growth appeared first...
Tokenized Treasuries Are An Emerging Asset Class, But RWA Adoption May Take Time
16.5.2024
Tokenized treasuries are becoming a global asset class according to S&P Global Ratings, as these provide a number of benefits to institutions
The post Tokenized Treasuries Are An Emerging Asset Class, But RWA Adoption May Take Time appeared first on Cryptonews
Bitcoin Miners Face Significantly Reduced Earnings in May Despite Bitcoin Price Rise
16.5.2024
According to the seven-day simple moving average (SMA) statistics regarding Bitcoin’s hashrate, the network hashrate has stayed below the 600 exahash per second (EH/s) mark for approximately one week. The recent rise in bitcoin’s price has positively influenced the overall hashprice...
Russian Teens Arrested for ‘Crypto-powered Money Laundering’ – Report
16.5.2024
Two Russian teenagers have been arrested in a crackdown on a suspected crypto-powered “money laundering” ring, a police source claimed on May 14.
The post Russian Teens Arrested for ‘Crypto-powered Money Laundering’ – Report appeared first on Cryptonews
Former House Speaker Paul Ryan Says Stablecoins Could Be Worth “Trillions” Once Regulated
16.5.2024
Paul Ryan said last week that stablecoins may help drive demand for dollars and U.S. debt.
The post Former House Speaker Paul Ryan Says Stablecoins Could Be Worth “Trillions” Once Regulated appeared first on Cryptonews
Red Dead Redemption 2 Dares You To Finish It Now That It's Back On PS Plus
15.5.2024
The selection of games rotating into PS Plus at the end of May isn’t that impressive, save for one: Red Dead Redemption 2. Rockstar Games’ open-world Western returns to the subscription service after a nearly two-year hiatus. Will you beat it this time?Read more
U.S. House's McHenry Says Senate May Be Swayed if Many Democrats Back Crypto Bill
15.5.2024
The result of next week's expected vote on U.S. legislation to regulate the cryptocurrency industry will strongly influence the odds the U.S. Senate gets on board, said Rep. Patrick McHenry (R-N.C.), the chairman of the House Financial Services Committee and a leading advocate for crypto...
HTX Withdraws Hong Kong Crypto License Application Again – What’s Going On?
15.5.2024
Concerns were raised regarding Huobi Global (HGBL) Hong Kong Limited's capacity to conduct lawful business in the area on May 14 when the HTX subsidiary withdrew its application for a cryptocurrency trading licence from Hong Kong's Securities and Futures Commission (SFC) for the second time.
The...