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Dogecoin could see an uptick in May linked to a historical trend
24.4.2024
Bitcoin has a historical trend of seeing a surge in value after the Halving event. Similarly, analysts highlight that Dogecoin has a historical trend of tremendous gains in May. Meaning, the listed value could jump significantly in the next month, provided all factors align and the trend once again...
Icon (ICX) & Cardano (ADA) traders are increasingly drawn to Kelexo (KLXO) lending platform as Ethereum (ETH) continues its downward trend
24.4.2024
The crypto market is experiencing change, and with Ethereum’s (ETH) recent slump, traders are looking for new horizons. So far, Kelexo (KLXO) is one crypto project that’s attracting increasing interest, particularly from Cardano (ADA) and Icon (ICX) holders. Kelexo’s presale makes...
XRP looks for a fresh surge to $0.70
24.4.2024
Ripple’s XRP has been up in the last 24 hours, setting all the right tunes to further mark an uptick in its valuation. Sentiments have been optimistic on a macro level since the time Bitcoin Halving concluded. A fresh surge could be as high as $0.70 if all factors hold on to their seats. Whales...
Floki Price Prediction as FLOKI Suddenly Spikes Up 15% – Are Whales Buying?
24.4.2024
The Floki price has surged by 15% today, reaching $0.0001968 as the cryptocurrency market as a whole posts a 1% gain in 24 hours.
The post Floki Price Prediction as FLOKI Suddenly Spikes Up 15% – Are Whales Buying? appeared first on Cryptonews
US Prosecutors Seek 36-Month Sentence for Binance’s Changpeng Zhao Over Legal Violations
24.4.2024
Federal prosecutors have recommended a 36-month prison sentence for Changpeng Zhao (CZ), the cryptocurrency exchange Binance’s former CEO, for U.S. law violations. Prosecutors contend Zhao’s deliberate non-compliance facilitated massive unlawful transactions, impacting national security...
SEC delays Ethereum ETF decision amid regulatory review
24.4.2024
The United States Securities and Exchange Commission (SEC) has opted to defer its decision on Ethereum exchange-traded fund (ETF) proposals submitted by investment firms Grayscale and Franklin Templeton. The SEC’s decision marks a significant development in the quest to bring...
Thai SEC Instructed to Share Information on Unauthorized Digital Asset Platforms With Government
24.4.2024
The Thai Securities and Exchange Commission has been instructed to share information on unauthorized digital asset service providers with the Ministry of Digital Economy and Society. The regulator warned investors using such platforms of the risks they face which include the possibility of being...
SEC feels Do Kwon of Terraform Labs deserves a fine of $5.3B
24.4.2024
Federal regulators insist on a fine being levied on Terraform Labs and its co-founder, Do Kwon, amounting to $5.3 billion. This is with regards to several irregularities among investors. It is right after the two players were accused of illegal activities involving over a billion dollars. As per...
Two ardent supporters of Worldcoin approach Malaysia’s government
24.4.2024
Sam Altman and Alex Blania, two of the biggest supporters of the Worldcoin project, have approached Malaysia’s government officials to work out a viable deal. Blania is the Co-Founder and CEO of Tools of Humanity and is leading the building of the Worldcoin project. He had a conversation...
Helius may launch Solana’s Mainnet v1.18 version on May 27
24.4.2024
The Chief Executive Officer of Helius, Mert Mumtaz, has announced plans to launch the next mainnet version of Solana. It has been titled v1.18 and is all set to launch on May 27, 2024. The date is said to be tentative, contingent on how things work out until the very end. The goal of launching...
Binance launches spot copy trading to enhance user trading experience
24.4.2024
In recent news on the Block, Binance plans to launch a spot copy trading feature that will enable users to mimic and carry out the same transactions as successful traders. Rohit Wad, the CTO of Binance, mentioned that this tool was developed in response to feedback from the community and...
Nigeria’s central bank forced to deny claims of crypto account freeze
24.4.2024
The CBN, through the circular, also stated that regulated financial institutions dealing in crypto or facilitating payments for crypto exchanges are prohibited
South African Regulator Licenses 75 Institutions as Crypto Asset Service Providers
24.4.2024
South Africa’s Financial Sector Conduct Authority said on April 22 that it has approved 75 institutions to be licensed as crypto asset service providers (CASPs). The regulator said the unveiling of licensed CASPs is intended to dispel misconceptions arising from the supposedly misleading...
HBAR Token Price Soars 96% After Misinterpreted Blackrock Announcement
24.4.2024
A misinterpreted announcement by the HBAR Foundation suggested that Blackrock’s ICS US Treasury Fund was tokenized on the Hedera blockchain in partnership with Archax and Ownera, leading to a significant misunderstanding and a 96% increase in the HBAR token price within 24 hours. However...
How is blockchain revolutionizing sports investment?
24.4.2024
Cryptocurrencies and other applications rely on blockchain technology, a digital ledger system, which provides the basis for trustless, transparent, and anonymous transactions without a third party involved. Those are some of the key features of blockchain technology (security, transparency,...
Noones CEO Ray Youssef Blasts Bitcoin Fees: ‘We Have Failed the Global South’
24.4.2024
Ray Youssef, the former Paxful CEO, has commented on the negative impact of high transaction fees on bitcoin adoption in emerging markets. Youssef stated on social media that the recent developments in the bitcoin fee market have pushed users to alternatives such as USDT on the Tron blockchain over...
Philippines Securities Regulator Requests Apple and Google to Remove Binance Apps
24.4.2024
The Securities and Exchange Commission (SEC) of the Philippines has requested that tech giants Apple and Google remove Binance apps from their respective app stores. The SEC chairman stated that the blockade on Binance, coupled with the removal of its app, curbs the further spread of its unlawful...
Cosmos Developers Patch Critical Flaw in IBC Protocol, Safeguarding $126 Million in Assets
24.4.2024
Cosmos developers have successfully rectified a critical security vulnerability in its Inter-Blockchain Communication (IBC) protocol, which had placed assets worth at least $126 million in jeopardy, following a private notification from Asymmetric Research. This flaw, existing in the protocol since...
Bitcoiners Seek Constitutional Reform to Allow Swiss National Bank to Purchase Bitcoin
24.4.2024
Yves Bennaïm, founder and chair of 2B4CH, a Swiss pro-Bitcoin think tank, is launching a popular initiative to amend the country’s constitution to allow its central bank to purchase and hold bitcoin. The initiative is also supported by Bitcoin Suisse President Luzius Meisser, who believes...
Ripple Asks Court to Reject SEC’s $2 Billion Penalty Request in XRP Case
24.4.2024
Ripple Labs has filed its opposition to the request by the U.S. Securities and Exchange Commission (SEC) for the company to pay $2 billion in fines in the XRP case. “The SEC’s draconian remedial requests are ungrounded in law or principle. This court should reject them in their...