Search
South Korean Altcoin Execs Released on Bail
8.2.2024
Two South Korean altcoin executives were freed on bail on February 7 pending a fraud trial. Prosecutors think the executives manipulated token prices to defraud investors. Per Newsis, the Seoul Southern District Court released Pica Project/Pica Coin co-chairs Song (aged 24) and Seong (aged 45)....
Top Crypto Gainers Today on DEXTools – COFFEE, MOROS, MUSK
7.2.2024
While blue-chip crypto markets are moving higher mid-way through the US trading session, investors looking for quicker gains will continue to turn to the top crypto gainers today on DEXTools. Bitcoin (BTC) just hit new one-week highs in the $43,600s and is threatening a break back above $44,000...
Crypto Custody Firm Fireblocks Latest to Cut Jobs Amid Tech Layoffs
7.2.2024
Crypto custody provider Fireblocks has announced a reduction in its workforce as part of a restructuring effort. In a recent interview with Bloomberg, Fireblocks said it has been working on restructuring its go-to-market and customer support operations over the past six months. The goal is...
Ethereum Price Prediction as It Eyes $2,700 Spike – Is a New Rally Brewing?
7.2.2024
The Ethereum price has gained by 1.5% in the past 24 hours, rising to $2,366 as the market’s biggest altcoin presumably benefits from Solana’s first outage in a year. ETH has now risen by 2% in a week, 6% in a fortnight and by 7% in a month, with the alt also up by a […]
The post...
Japan’s Financial Services Agency Grants Limited Rights to DAO Member Tokens, Easing Regulations
7.2.2024
Japan‘s Financial Services Agency (FSA) aimed to facilitate the development of decentralized autonomous organizations (DAOs) and clarify the legal framework surrounding them. The FSA has proposed a new amendment to the definition of Article 2 of the Financial Instruments and Exchange Act in...
India’s WazirX, Zebpay CEOs Collaborate to Debut New Crypto Venture
7.2.2024
Indian crypto veterans Nischal Shetty and Avinash Shekhar have launched their new crypto-INR perpetual futures exchange dubbed ‘Pi42.’ WazirX founder Shetty and erstwhile CEO of Zebpay Shakhar said that the new venture would be one of the most legally compliant exchanges in India. The exchange...
Hong Kong General Chamber of Commerce Asks Government to Allow Yuan-Linked Stablecoins
7.2.2024
The Hong Kong General Chamber of Commerce (HKGCC) has asked policymakers to consider allowing the issuance of Chinese yuan-linked stablecoins. In a statement released on Tuesday, the influential business organization emphasized the importance of retaining and attracting talent and businesses...
Thailand Pushes Towards Digital Asset Hub with Introduction of VAT-Free Crypto Trading
7.2.2024
In a move to position Thailand as a leading digital asset hub, the country’s Finance Ministry has announced the exemption of value-added tax (VAT) on digital asset trading. The decision aims to promote digital assets as a new alternative tool for fundraising and drive the growth of...
US Judge Approves Sealed Settlement Between BlockFi and Three Arrows Capital
7.2.2024
A United States judge has given approval to a sealed settlement that resolves the claims and disputes between crypto lender BlockFi and defunct crypto hedge fund Three Arrows Capital (3AC). Judge Michael Kaplan approved the settlement during a hearing on February 6th in the New Jersey Bankruptcy...
US SEC Delays Decision on Invesco and Galaxy Digital’s Joint Ethereum ETF
7.2.2024
The U.S. Securities and Exchange Commission (SEC) has extended the decision period for Invesco and Galaxy’s spot Ethereum ETF, as expected by analysts. This extension pertains to a proposed rule change from Cboe BZX that would enable the listing and trading of shares of the fund....
Belarus Sanctions ‘Antidote?’ Minsk Confirms ‘Blockchain-powered CBDC’ Launch
7.2.2024
Minsk is looking for ways to end Belarus’ sanctions woes, with its central bank confirming the planned launch of a blockchain-powered CBDC. Per Sputnik Belarus, the National Bank of Belarus (NBB) is keen to make use of smart contract technology. A spokesperson told reporters on February 3: “We plan...
Trump-Related Tokens Surge 100% Amid Widespread Appeal Amongst Americans
6.2.2024
Several Donald Trump-related tokens have experienced a 100% surge in price in the past 24 hours across various blockchains, following a February 6 announcement by Mechanism Capital. Mechanism Capital, an investment firm in the cryptocurrency industry focusing on decentralized finance, declared...
Biggest Crypto Gainers Today on Uniswap – AZR, YES, PANDORA
6.2.2024
Conditions in blue-chip cryptocurrency markets are tepid on Tuesday, with major names largely within recent ranges, but the biggest crypto gainers today on Uniswap keep pumping. Bitcoin (BTC) was last up 1% in 24 hours, as per CoinMarketCap, and trading to the north of $43,000. Ether (ETH)...
Best Crypto to Buy Now February 6 – Dymension, Ethereum Name Services, Pendle
6.2.2024
Major cryptocurrencies are nudging higher on Tuesday but remain largely within recent ranges as investors monitor fresh commentary from Fed policymakers, who continue to hint at rate cuts later this year so long as inflation keeps easing, while Dymension (DYM), Ethereum Name Service (ENS)...
Chainlink Price Prediction as Rally Extends to 22-Month High – Can LINK Reach $100?
6.2.2024
The Chainlink price has dropped by 1.5% in the past 24 hours, sinking to $19.01 on a day when the cryptocurrency market as a whole has made a very modest 0.3% gain. Yet LINK has been on a role as of late, with the altcoin sitting on a 26% increase in a week and a […]
The post Chainlink Price...
Paradigm Advocates for Prediction Markets as Hedge Against Crypto Regulatory Risks
6.2.2024
Venture capital firm Paradigm has filed a legal brief in support of the prediction market platform Kalshi, which is currently in a legal battle against the Commodity Futures Trading Commission (CFTC). In a “friend-of-the-court” brief filed recently, Paradigm, despite not being...
Monero Price Suffers 17% Drop on Binance Delisting
6.2.2024
Monero‘s price dropped as much as 17% on Tuesday after Binance said it would delist the privacy token from its platform. Binance delisted four tokens, including Aragon (ANT), Multichain (MULTI), Via (VAI), and Monero (XMR). The decision was a result of a routine assessment of standards...
WisdomTree ‘Very Close’ to Securing New York License for Crypto Services: Fox Business
6.2.2024
WisdomTree, known for its spot Bitcoin exchange-traded fund (ETF), is reportedly finalizing efforts to secure a license from the New York Department of Financial Services (NYDFS). WisdomTree to Get Limited Purpose Trust Charter According to Fox Business reporter Eleanor Terrett, the NYDFS is nearly...
Crypto Yield Firm Haru Invest Execs Arrested in S.Korea for Laundering User Funds
6.2.2024
Top executives of Haru Invest, a South Korean crypto yield platform, have been arrested by the county’s prosecutors on Monday. The crypto investigation arm of the Seoul Southern District Prosecutors’ Office have arrested three people in connection with crypto fraud worth 1 trillion Won ($752...
Crypto expert forecasts 50% surge for Ethereum competitor and identifies a hidden gem low-cap altcoin!
6.2.2024
One of the most respected crypto experts, who is known to the crypto community for his accurate predictions, shared his observations about the potential development of Ethereum’s strongest competitor. Bluntz believes that Solana ($SOL) could achieve significant value growth this year....