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Japanese crypto exchange raises $320M to recover funds after major hack
5.6.2024
DMM Bitcoin aims to compensate users for a $320 million loss following a major hack by raising equivalent funds
DWF Labs invests $12M in FLOKI tokens to boost its ecosystem
5.6.2024
DWF Labs plans to invest $12 million in FLOKI tokens as a significant show of support for the Floki Ecosystem. This investment firm is quite popular in the digital asset space and focuses on Web3 investments at different growth stages. The acquisition will involve purchasing tokens on the market...
Ukrainian Police Bust International Crypto Fraud Ring, 14 Arrested
5.6.2024
Ukrainian authorities have dismantled a criminal ring defrauding citizens across Ukraine, Moldova, Kazakhstan, and the European Union through deceptive call centers promising lucrative cryptocurrency investments. The National Police of Ukraine detained 14 suspects, including the alleged organizers...
Hong Kong Police sound alarm on rising digital asset-linked crime wave
4.6.2024
In recent months, the Hong Kong Police Force’s Advisory Group has raised alarms over a significant increase in crimes related to digital assets. This surge in illegal activities involves cryptocurrencies, non-fungible tokens (NFTs), and other blockchain-based financial instruments....
Claudia Sheinbaum elected, Mexico’s crypto policy to continue
4.6.2024
Recently, Mexico witnessed a historical moment when the former mayor of Mexico City, Claudia Sheinbaum, became the country’s first female president. This achievement is significant not only for advancing gender equality in Mexico but also implies that Mexico’s current government...
FLOKI and DOGE mark gains for a rebound
4.6.2024
Top meme coins, including FLOKI, have seen decent gains in recent times. The majority of this pertains to a rise in the market cap since there has been a considerable decline in token value. June has just started, and the month could later turn around for the meme coin segment. It has so far surged...
Shiba Inu (SHIB) could break past June trends this year
4.6.2024
Previous June trends don’t necessarily depict an optimistic picture for Shiba Inu ($SHIB); however, the market believes that 2024 could be different. Previous records show that SHIB has always declined in June. For example, it fell by 4.75% in 2021 and 12% in 2022. This year, the differentiating...
RACA formally introduces the RACA AI
4.6.2024
RACA officially introduces RACA AI, which is designed to serve as a hardware foundation for blockchain-AI-GPU computation platforms and is backed by the World GPU endless upgrading framework. In RACA’s case, it serves as a governance coin and base for RACA AI. It will play a crucial role...
E-Trade intends to ban Roaring Kitty for GameStop manipulation
4.6.2024
E-Trade is contemplating the complete prohibition of Roaring Kitty for its involvement in malpractices related to GameStop stocks, which resulted in a substantial 30% increase in shares. The brokerage, which is owned by Morgan Stanley, is contemplating this course of action in light of Gill’s...
Dubai Financial Services Authority Updates Regulatory Framework for Crypto Tokens
4.6.2024
The Dubai Financial Services Authority (DFSA) announced amendments to its crypto token regime on Monday, enhancing the regulatory environment for crypto tokens in the Dubai International Financial Centre (DIFC), a special economic zone. The amendments address investment in recognized...
Bitmain delivers Antminer L9 for Scrypt algorithm
3.6.2024
Bitmain introduces Antminer L9, an application-specific integrated circuit (ASIC) miner customized for coins utilizing the Scrypt algorithm, like litecoin and dogecoin. This fresh prototype offers 16 gigahash per second (GH/s) regarding hashing ability, managing energy effectiveness to 210 joules...
GameStop meme coin witnesses an upward swing by a whopping 300%
3.6.2024
The GameStop ($GME) meme coin is experiencing an astounding upward trend of 300%. Currently, the trade price is reaching $0.01366, with a market capitalization of almost $100 million. Added to that, the daily trade volume has seen an increase of 1,000%, going beyond the $178 million mark. GameStop...
FTX CEO John Ray III sold its remaining Anthropic shares
3.6.2024
The CEO of FTX Estate, John Ray III, sells its balance shares in Anthropic, amounting to 15 million, at a price of $30 per share. Through this, he managed to rake in the amount of $450 million. Incidentally, Anthropic is an AI startup that introduced its chatbot, Claude. The FTX Estate has filed...
Notcoin (NOT) hits an ATH with over 350% gains in a week
3.6.2024
Notcoin ($NOT) surged by more than 350% and added almost $2 billion to its market cap. The tides are still high, with the token banking a weekly surge of 224.39%, now valued at $0.02114. Furthermore, the market cap has surpassed the $2 billion mark, and the 24-hour trading volume was more than $4.3...
Solana (SOL) is testing a new resistance for an increase
3.6.2024
Solana is up by 0.23% in the last 24 hours, as of the time of writing this article. That brings the token value to $165.44, which is also an increase of 0.04% in the last 7 days. SOL has a bearish short-term sentiment, pretty much like Bitcoin (BTC) and Ethereum (ETH). It was earlier predicted...
Analysts say altcoins to rebound soon; invest in these sectors
3.6.2024
With the weekend behind us, Bitcoin has entered a short-term bullish trend. It has managed to stay above the crucial $66,000 support level and is currently being traded at $68,874.97 as of 7:49 a.m. GMT. There seems to be potential for a price increase, making it a promising way to kick off Monday...
Crypto update: SHIB loses support, ETH to hit $4k, SOL shows reversal
3.6.2024
The crypto market is going through multiple changes, involving some of the biggest names like SHIB, SOL, and ETH. Shiba Inu, the popular meme coin, is about to lose important price ground. It relies on the support levels to kick in if the price drops. The asset has been trying to stay afloat above...
Coinbase’s Legal Chief: SEC Is Bent on Choking the Digital Asset Industry
3.6.2024
Coinbase’s chief legal officer, Paul Grewal, announced that the crypto exchange has filed a closing brief in the Third Circuit challenging the SEC’s denial of their rulemaking petition. The brief argues that the SEC’s order, which disagrees with claims that SEC rules...
Banking Associations Support Resolution to Overturn SEC’s Controversial Crypto Rules
2.6.2024
The American Bankers Association, Bank Policy Institute, Financial Services Forum, and Securities Industry and Financial Markets Association sent a letter to President Joe Biden on May 31, urging him to sign the resolution passed by Congress to overturn the SEC’s Staff Accounting Bulletin...
Ethereum meme coins vs. utility tokens: Why you should buy ETFSwap (ETFS) over Pepe (PEPE) and Floki (FLOKI)
2.6.2024
Ethereum meme coins and utility tokens are two opposite asset categories in the crypto market. Pepe (PEPE) and Floki (FLOKI) are two meme coins that have captured investors with their community-driven hype, viral marketing, and meme culture. Ethereum meme coins are generally known for offering...