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Robinhood favored to prevail in potential crypto court case against SEC
8.5.2024
Analysts at Keefe, Bruyette & Woods (KBW) have weighed in on the potential legal battle between Robinhood and the U.S. Securities and Exchange Commission (SEC), expressing confidence that the popular trading platform would likely emerge victorious in any crypto-related court case. This...
Most FTX Creditors to Receive Over 100% Repayment, Court Document Shows
8.5.2024
FTX is poised to repay nearly all its account holders fully, according to a reorganization plan presented in court. The bankrupt cryptocurrency exchange has raised about $15 billion mainly by selling investments from itself and its affiliate, Alameda Research. This fund will ensure payments of...
Trader loses 7-figure sum due to 0L Network hard fork
8.5.2024
“Forking out wallets without community input is theft,” according to the trader, who also claims to be part of 0l Network’s marketing team
Bitcoin Technical Analysis: BTC Faces Growing Uncertainty Amidst Market Fluctuations
8.5.2024
As of May 8, 2024, bitcoin’s price is coasting along at $62,378, experiencing a 24-hour intraday range from $62,096 to $64,413, with a trading volume of $17.91 billion and a market capitalization of $1.22 trillion. Despite a decline of 2.1% over the past 24 hours, bitcoin has gained 9.3%...
Nigerian stakeholders demand Binance reveal identity of bribe agent
8.5.2024
SIBAN’s executive secretary, Rume Ophi, stressed that Binance should reveal names to substantiate the claim and allow authorities to address wrongdoing
Elaborate Elon Musk deepfake crypto fraud uncovered in Hong Kong
8.5.2024
A fraudulent crypto exchange platform used AI-generated videos of Elon Musk and misleading information to promote crypto trading services
Six Arrested in Connection with Austrian Crypto Fraud Scheme, €2M Worth of Assets Frozen
8.5.2024
A joint operation involving national authorities from Austria, Cyprus, and the Czech Republic has led to the arrest of six individuals connected to an online scam related to the sale of rights or tokens for a supposed new cryptocurrency.
The post Six Arrested in Connection with Austrian Crypto...
XRP poised for breakout: Analysts eye $1.68 mid-term target
8.5.2024
XRP is estimated to touch $1.68 in mid-term, or maximum, by the end of this year, 2024. That would set the stage to retest the previous peak of $1.96, which occurred in April 2021. This comes as the cryptocurrency attempts to navigate its way out of the ongoing symmetrical triangle formation....
Floki Price Prediction as Smart Money Pours $50 Million into Meme Coins – Is FLOKI the Next Big Crypto Winner?
8.5.2024
The Floki price has fallen by 7% in the past 24 hours, dropping to $$0.000169 as the cryptocurrency market suffers a 2% decline today. Floki Inu holds onto a 15% increase in the past week, although the meme token has lost 19% in the last 30 days, during a difficult period for the market...
These 3 AI-based altcoins to outpace Bitcoin & Ethereum in 2024
8.5.2024
Innovation is the middle name of the crypto market, and 2024 has certainly proven it. The year has been filled with unique projects, especially AI-based altcoins. Names like Fetch.ai, SingularityNET, Render, etc., are ruling the crypto industry. These AI-based altcoins are outperforming BTC,...
How Binance played a key role in arrest of ZKasino scam suspect
8.5.2024
Despite the arrest of the main suspect, some of the stolen funds continued to be moved, suggesting multiple potential attackers
Wintermute to make provision for liquidity to OSL and HashKey
8.5.2024
Wintermute, a crypto market maker, will provide liquidity to OSL and HashKey for spot Bitcoin and ether exchange-traded funds in Hong Kong. This will help the company to establish itself in the crypto space in Asia. As per Wintermute, the company intends to involve sub-custodians, OSL and HashKey...
Shiba Inu (SHIB) is now listed on Nexo’s DEX
8.5.2024
Shiba Inu (SHIB) recently announced bagging a listing on the Nexo exchange. Shiba Inu, which was launched in 2020 as a meme coin, has since established a global community. Nexo also went to X to officially confirm the listing. The exchange talked about how Shiba Inu started as a dog meme only...
Worldcoin CEO Met With Argentine Government Officials Amidst Ongoing Probes
8.5.2024
Alex Blania, CEO of Tools For Humanity, the company behind Worldcoin, recently traveled to Argentina and met with high-profile officials of President Milei’s administration. The objective behind these meetings would be to clarify this project’s objectives given that it has found...
Shiba Inu whale dumps massive 2.15 million SHIB on Coinbase, price crash incoming?
8.5.2024
The Shiba Inu ecosystem is in a frenzy as three days ago, an unidentified whale dumped massive amounts of tokens into Coinbase, a top-tier exchange platform. The staggering number of Shiba Inu (SHIB) tokens offloaded immediately caused bearish speculations to fly among the coin holders and...
Bankruptcy law firm S&C absolved from misconduct according to new FTX proposal
8.5.2024
FTX’s amended plan contains an exculpation clause that could absolve Sullivan & Cromwell, along with all debtors, of future liabilities
Majority of Americans See Financial System as ‘Outdated,’ But Remain Skeptical of Crypto as Solution
8.5.2024
A recent survey conducted by the Digital Currency Group and The Harris Group has revealed that a majority of Americans in swing states view the financial system as "outdated."
The post Majority of Americans See Financial System as ‘Outdated,’ But Remain Skeptical of Crypto as Solution...
SEC files final response in Ripple XRP case
8.5.2024
The SEC argues that Ripple’s assertions do not negate the need for injunctions to prevent future violations
Australian Tax Office Seeks Personal, Transaction Details from 1.2 Million Cryptocurrency Users
8.5.2024
The Australian Tax Office reportedly has requested that cryptocurrency exchanges share both personal and transaction details of as many as 1.2 million cryptocurrency users. The revenue collector recognized that some users are fulfilling their tax obligations unknowingly, but maintained that others...
Are competitive gaming dynamics shifting with the crypto boom?
8.5.2024
Esports, also known as competitive gaming, traces its roots back to the early 1970s, when small-scale tournaments, like the one at Stanford University in October 1972, attracted around 20 researchers and students. Fast forward to 2022, and the global esports industry boasts an estimated revenue...