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Floki Rally: FLOKI Price Up 8% as Meme Coins Bounce Back – Is This AI Coin Next to Pump?
14.5.2024
Meme coin FLOKI is going against the grain today. Crypto’s fifth largest meme coin, inspired by Elon Musk’s pet Shiba Inu of the same name, has rallied 8.8% in the last 24 hours and currently trades at a price of $0.0001887. This means long-term FLOKI HODLers have found their digital...
Newest dog meme coin Dogeverse raises over $15 million in crypto presale
14.5.2024
The crypto market has witnessed a resurgence of meme coin activity, and this new entrant, Dogeverse, is taking the lead. This new meme coin has surpassed the $15 million mark in its current presale in a display of savvy investor backing. This remarkable feat signals a potential boom for Dogeverse...
UK Crypto Advisory Firm Shuts Down Over Investor Losses, Accounting Neglect
14.5.2024
The UK government’s Insolvency Service has shut down a London-based crypto advisory firm that claimed to offer investment advice in cryptocurrencies.
The post UK Crypto Advisory Firm Shuts Down Over Investor Losses, Accounting Neglect appeared first on Cryptonews
Falcon Labs Settles with CFTC in Landmark Case Over Unregistered Status
14.5.2024
The CFTC has reached a settlement with Falcon Labs, Ltd., a Seychelles-based entity, for operating as an unregistered futures commission merchant (FCM) and facilitating access to digital asset exchanges without proper registration.
The post Falcon Labs Settles with CFTC in Landmark Case Over...
Tether CEO and Ripple CEO Clash Over USDT — Brad Garlinghouse Says ‘I Wasn’t Attacking Tether’
14.5.2024
Tether CEO Paolo Ardoino has responded to remarks made by Ripple CEO Brad Garlinghouse, branding him as an “uninformed CEO” and accusing him of fostering uncertainty about stablecoin USDT amid a U.S. Securities and Exchange Commission (SEC) investigation into his company. In reply...
FalconX Settles With CFTC for $1.8M Over Failure to Register as Futures Commission Merchant
13.5.2024
FalconX will pay $1.8 million to settle newly-announced charges from the Commodity Futures Trading Commission (CFTC) that the crypto trading firm violated commodities laws by failing to register as a futures commission merchant (FCM), according to a Monday announcement from the regulator
Pudgy Penguins successfully sells over 1 million plush toys
13.5.2024
The CEO of Pudgy Penguins, Lucas Netz, informs the public that the company has managed to sell more than 1 million plush toys via multiple retailers. Netz, known to have studied till the tenth standard, took over the project in 2024, following its deliverance, and sold an enormous volume of Pudgy...
Pepe Rally: PEPE Price Climbs as Solana’s WienerAI Meme Coin Reaches $1.5 Million
13.5.2024
Popular meme coin Pepe Coin ($PEPE) has risen 2% in the last 24 hours as it continues outpacing all other leading meme coins in gains over the last fortnight. At today’s price of $0.058771, PEPE is 26% pricier than it was two Mondays ago. That makes it the top-performing meme coin over...
DYdX Founder Antonio Juliano to Step Down as CEO of the Decentralized Exchange; Ivo Crnkovic-Rubsamen Takes Over
13.5.2024
Juliano will become chairman and president of dYdX Trading
MakerDAO and Aave’s DeFi conflict reopens over DAI’s perceived risk growth
13.5.2024
Aave has reduced its loan-to-value requirements for DAI after MakerDAO’s stablecoin gained indirect exposure to Ethena’s USDe
Final Fantasy Maker Promises 'Quality Over Quantity' And Fewer Exclusives In Major Strategy Reboot
13.5.2024
Square Enix has announced that it will be moving away from releasing games exclusively to select platforms, opting instead to pursue multiplatform launches in the near-future to amplify the sales of its flagging games. It’s all part of “aggressively pursuing” a new business strategy after a...
Tether discredits Ripple CEO comments over U.S. scrutiny
13.5.2024
Tether has highlighted its compliance efforts after Ripple's CEO said the U.S. government has its sights set on USDT
Over One Million Pudgy Penguin Toys Sold in the Past Year
13.5.2024
The Pudgy Penguins NFT project has achieved a remarkable milestone, with more than one million Pudgy Penguin toys sold over the past 12 months.
The post Over One Million Pudgy Penguin Toys Sold in the Past Year appeared first on Cryptonews
Ethereum Transaction Fees Slide Nearly 94% Over the Past 68 Days
12.5.2024
Similar to Bitcoin’s onchain fees, the cost of transacting on the Ethereum network has recently seen a significant decline. Over the previous 68 days, since March 5, 2024, Ethereum’s network fees have fallen by 93.7%, from $30.33 per transfer to $1.91 per transaction. Declining...
Bitcoin Whale From 2013 Resurfaces, Moves Over 1,000 BTC Worth $61 Million
12.5.2024
On May 12, as bitcoin hovered slightly above the $61,000 mark, two dormant bitcoin wallets, inactive for over ten years and eight months, executed transactions totaling 1,000 bitcoins valued at approximately $61.1 million. It appears that both wallets, created on the same day, were owned by...
BlockDAG’s X1 app June 1st launch to take the lead in crypto mining innovation, surpassing Near Protocol and Aptos
12.5.2024
Are you looking to transform your smartphone into an efficient crypto-mining device without draining its battery or consuming excessive data? Look no further than BlockDAG and its pioneering X1 app, setting new standards in the crypto mining industry. As the beta release on June 1st draws near...
US Justice Department Chooses FRA Over Sullivan & Cromwell for Binance Oversight
11.5.2024
The Justice Department has designated Forensic Risk Alliance (FRA) as the external monitor for Binance Holdings Ltd. This decision comes in the wake of Binance’s acknowledgment of breaching U.S. anti-money laundering regulations and sanctions. Bloomberg’s Ava Benny-Morison and Chris Strohm...
NFT Sales See Week-Over-Week Decline as Market Continues to Cool
11.5.2024
Non-fungible token (NFT) sales from May 4 to May 11, 2024, saw an 11.35% decline compared to the previous week’s figures. Leading the sales, Bitcoin-based NFT transactions totaled $49.8 million, yet this was a 13% decrease from the preceding week. NFT Marketplace Struggles as Sales Dip...
Solana fees to surpass Ethereum, trader loses over $1M due to hard fork: Finance Redefined
10.5.2024
Is Solana living up to its so-called “Ethereum-killer” status? And one trader was left over $1 million poorer due to a hard fork
Hong Kong Businessman and Son Surrender to Police Over Kidnapping of Crypto Investor in $1.9 Million Dispute
10.5.2024
The 70-year-old man and his 30-year-old son were arrested on suspicion of false imprisonment and assault, according to police sources.
The post Hong Kong Businessman and Son Surrender to Police Over Kidnapping of Crypto Investor in $1.9 Million Dispute appeared first on Cryptonews