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UN Report: Crypto Crime Provided North Korea up to Half of Its Foreign Currency Income
23.3.2024
A report issued by a United Nations panel of experts has concluded that cyber crypto heists have provided 50% of the foreign currency income for North Korea since 2017. The report indicated that North Korean actors have been linked to 17 theft and hack events involving over $750 million in 2023...
Ripple CEO Expects SEC to Lose Against Ethereum, Mirroring XRP Lawsuit Outcome
23.3.2024
Ripple’s chief executive believes the U.S. Securities and Exchange Commission (SEC) will be unsuccessful in classifying ether as a security, similar to how the agency lost its legal battle, for the most part, against XRP. Noting that the SEC has been “losing badly in courts”...
Avalanche Doubles Down on Meme Coins: Announces $1 Million Liquidity Mining Incentives Program
23.3.2024
The Avalanche Foundation announced the launch of Memecoin Rush, a program designed to incentivize meme coin liquidity providers on selected platforms in the AVAX environment. The program will allocate $1 million to participants that provide liquidity for these tokens on Trader Joe and Steakhut,...
SEC Chair Gensler Calls for More Regulatory Sunlight in Cryptocurrency Sector at Law Conference
22.3.2024
At a recent gathering at the Columbia Law School Conference, Gary Gensler, the chair of the U.S. Securities and Exchange Commission, addressed the assembly on the topic of the digital currency landscape. His discourse highlighted the “benefits of mandatory disclosure,” with Gensler...
US Stability threatened by $426 billion crypto market investigation
22.3.2024
A Swiss-based nonprofit organization known as the Ethereum Foundation, which provides the underlying infrastructure for the second-largest digital asset (by market capitalization, $426 billion), asserts that an unidentified regulatory body is conducting an investigation. As per an update on...
New Research Paper Sheds Light on Alleged Conflicts of Interest in FTX’s Chapter 11 Filing
22.3.2024
A recent research paper on SSRN by legal scholars scrutinizes the ethical quandaries and potential conflicts of interest surrounding Sullivan & Cromwell LLP’s involvement in FTX’s Chapter 11 bankruptcy filing. Study Highlights Legal Ethics From FTX Bankruptcy Proceedings The SSRN...
ProBit announces support for Bitcoin cash upgrade and hard fork
22.3.2024
Bitcoin Cash Node v27.0.0 upgrade and hard fork are scheduled for May 15, 2024. ProBit has come forward, announcing that it will support both processes for Bitcoin Cash. The only important date to note is May 15, 2024, when deposits and withdrawals of BCH will be suspended until further notice....
Crypto market update: Risk assessment, Bitcoin trend, and fed impact
22.3.2024
The past few months have witnessed the crypto market go on a dynamic journey. Now that the market is catching breath, analysts are surfacing with their takes on navigating the industry. Benjamin Cowen from IntoTheCryptoverse is one such analyst who shared keen insights into the BTC market. Cowen...
SEC’s Ethereum security stance could ignite price volatility ahead
22.3.2024
Ethereum had hit a low of ~$3,000 recently. It has now retraced to a higher mark of $3,500 when articulating this piece. Nonetheless, uncertainty prevails, and Ether’s prices can swing either way. The closest resistance mark has been defined at $3,550. Technically, ETH is closer to its resistance...
Coinbase Adds RON Token, Expanding Access for 73 Million Users
22.3.2024
RON gets registered on Coinbase, the biggest US based crypto exchange, rendering its services available to a staggering 73 million users. Users can buy, sell, and hold on to RON in their Coinbase wallets. Coinbase and Ronin have been treading separate paths to increase the freedom factor globally....
Crypto Whales Are Stacking This Emerging VR Crypto – Is This the Next Trend?
22.3.2024
Stackers of small cap coins for bleeding-edge Web 3 technologies are accumulating VR token 5thScape (5SCAPE) in the second stage of a presale that has so far raised $1.9 million. 5thScape is the world’s first virtual and augmented reality cryptocurrency gaming ecosystem. Through the $5SCAPE token...
Hedera Joins UKCBC: A Milestone for Crypto in the UK
22.3.2024
In the cryptocurrency world, which is full of innovation and moves quicker than ever, there has been a lot of chatter and hopes concerning recent excitement. As the market value rises astronomically, the popularity of crypto and blockchain systems increases phenomenally. Hedera (HBAR) has gained...
Crypto Economy Dips by 4.38% Amidst Mixed Fortunes for Top Coins
22.3.2024
As the weekend approaches, the crypto economy experienced a downturn, declining 4.38% in the past 24 hours to a total value of $2.42 trillion. Bitcoin saw a decrease of 5.5% against the U.S. dollar during this period, while ethereum’s value dropped by 5.3%. In contrast, fantom (FTM) enjoyed...
Bitcoin Technical Analysis: Oscillators Neutral, Moving Averages Split on Future Direction
22.3.2024
Bitcoin’s price on March 22, 2024, exhibits a fascinating landscape of market dynamics, oscillating between gains and losses across various time frames. Amidst a backdrop of neutral oscillators and a mixed sentiment in moving averages, bitcoin traders are navigating through a volatile...
David Schwartz, Ripple’s CTO, Introduces AI-powered trading bot
22.3.2024
David Schwartz, the Chief Technology Officer of Ripple, has introduced trading bots with Artificial Intelligence powers. These trading bots are in the early stages, defined as rough, and inspired by XRP Ledger AMM – Automated Market Maker. The objective is to enhance the trading experience...
Pepe Price Prediction as PEPE Overtakes Fantom in Market Cap Rankings – Time to Buy?
22.3.2024
The Pepe price has slipped by 4% in the past 24 hours, falling to $0.000007863 as the cryptocurrency market suffers a 1.5% drop today.
The post Pepe Price Prediction as PEPE Overtakes Fantom in Market Cap Rankings – Time to Buy? appeared first on Cryptonews
Argentina’s Greenback Love Is Being Substituted by a Bitcoin Rush
22.3.2024
The popular savings strategy of exchanging pesos for U.S. dollars in Argentina is being substituted by bitcoin investments, which have had better performance lately. Numbers from Lemon, a local cryptocurrency exchange, indicate bitcoin purchases have risen to their highest number in 20 months...
Avalanche Foundation Kickstarts $1M Memecoin Rush Program to Amplify DeFi Liquidity
22.3.2024
The Avalanche Foundation delivers the initial stage of Memecoin Rush, a $1 million mining incentive program, to have multiple more stages. Like the Foundation’s previous incentive programs, Memecoin Rush has been developed to upgrade liquidity and create movement for the community coin ecosystem...
Dogecoin is eyeing to reach $0.2 by the end of March this year
22.3.2024
Dogecoin has been up by 3.98% in the last 24 hours since this article was written. Support emanates from various sources to the extent that speculation is currently intensifying regarding the possibility that DOGE will conclude March 2024 on a positive note. The token is anticipated to surmount...
Bitcoin slows down after massive surge as analysts eye rebound
22.3.2024
The year has been a rollercoaster ride for Bitcoin and the crypto market. The biggest crypto ended its long slump in the past few months, even crossing the 70,000-dollar mark. However, the massive surge cooled off after BTC hit its all-time high of 73,800 dollars. Now, the crypto is hovering around...