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SEC Freezes Assets of Church for Selling Unregistered ‘God-Backed’ Crypto Token
20.1.2024
Colorado-based pastor Eligio “Eli” Regalado and his wife, Kaitlyn, are facing legal action after allegedly defrauding investors of millions of dollars through the sale of an unregistered crypto token, called INDXcoin. The token was marketed to devout Christians as...
Spartan Group’s Report Reveals Bitcoin’s Untapped Potential via Emerging Layers
20.1.2024
A new report details how Ordinals and other layer-two innovations can reshape Bitcoin’s role in the digital economy, moving it beyond just a store of value. New Report Outlines How Bitcoin Can Evolve to a Multi-Layered Ecosystem The “Bitcoin Layers” report, produced by...
Security Definition at the Core of Coinbase v SEC First Scuffle
19.1.2024
Coinbase, a U.S based cryptocurrency exchange, and the U.S. Securities and Exchange Commission (SEC) had their first scuffle as New York’s Judge Katherine Polk Failla weighted in on a motion to dismiss the case in which the regulator alleges the exchange was involved in facilitating the trade...
Hong Kong Financial Services Firm Unveils Plans to Launch Region’s Premier Spot Bitcoin ETF
19.1.2024
Source: AdobeStock Hong Kong-based Venture Smart Financial Holdings Limited (VSFG) is gearing up to seek approval from the Securities and Futures Commission (SFC) for the introduction of a Bitcoin spot exchange-traded fund (ETF). JUST IN: HONG KONG'S VSFG PLANS TO LAUNCH SPOT #BITCOIN ETF IN...
Is It Too Late to Buy Flare? FLR Price Stays Green Despite Market Crash and BTCMTX Token Could Be Next to Pump
19.1.2024
EVM-based Layer-1 blockchain Flare has stayed green despite the small-scale market crash, leaving some eagle-eyed investors asking ‘is it too late to buy Flare’? Find out in FLR price analysis. Flare’s market defying posture appears to have been fuelled by an exciting move earlier...
As TONY Token Pumps Up 300x in 24 Hours, This Other Meme Coin is About to List on Exchanges
19.1.2024
In the latest Solana meme coin pump, TONY token has exploded 300x in less than 24-hours, but as retracement enters the chart, TONY price analysis reveals a rocky road-ahead. This comes as recent months have seen a new trend in SOL-based DEX-traded token pumps, with countless Solana meme coin...
Thai Securities and Exchange Commission Lifts Restrictions on Digital Asset Investments
19.1.2024
Thailand’s securities regulator has removed investment restrictions on retail investors who invest in real estate-based digital tokens. The Thai Securities and Exchange Commission (SEC) said digital asset entities that want to diversify to other businesses need to get its approval first....
Do Kwon Should be Extradited to South Korea, not United States, Lawyer Argues
19.1.2024
Do Kwon’s lawyer has argued that Terraform Labs’ co-founder should be extradited to South Korea and not the United States. The statement comes as a response to extradition requests from both countries, with Kwon currently in detention in Montenegro. Goran Rodic, Kwon’s Montenegrin...
Crypto Scam Based on TV Show The Boy’s Word Sweeping Russia, Warns Central Bank
19.1.2024
Source: May Thawtar/Adobe Russia’s Central Bank has warned citizens about a crypto “scam” project based on the hit drama series The Boy’s Word: Blood on the Asphalt. Per the media outlet VN.RU, the project also calls itself “The Boy’s Word.” But the Central Bank says the project is a “pyramid...
Ark Invest Diversifies Crypto Holdings, Buys $15.9 Million of Its Own Spot Bitcoin ETF
19.1.2024
Ark Invest has transitioned $15.9 million from the Proshares Bitcoin Strategy ETF to its in-house Ark 21shares Spot Bitcoin ETF. Cathie Wood’s Ark Invest Redirects Millions to In-house Bitcoin ETF Ark Invest, led by fund manager Cathie Wood, has made several trades based around bitcoin...
In Social Media Buzz, Investment Giant Franklin Templeton Commends Ethereum and Solana’s Advances
18.1.2024
Based in San Mateo, the prominent investment management firm, Franklin Templeton, has been actively posting about digital assets on social media following the recent approval of its new spot bitcoin exchange-traded fund (ETF). The firm’s U.S. X account now sports a modified logo featuring...
Hackers Mislead Rocket Pool X Users with Bogus Contract Breach Claims
18.1.2024
Followers of Ethereum-based staking protocol Rocket Pool’s X account have over the past 24 hours found themselves caught in a web of confusion. Hackers took control of the account and used it to spread misleading information about a supposed smart contract breach. From 6.30 UTC on Wednesday,...
DogWifHat Price Prediction as 500% Pump Shocks Market – Next Crypto Unicorn?
18.1.2024
A surge in Solana blockchain-based meme coin DogWifHat’s (WIF) price in recent days has shocked the market, with some claiming the token could be the next crypto unicorn. The DogWifHat price reached a new all-time high in the $53s earlier on Thursday, pushing its market cap at the time above $530...
Reddit Scheduled For IPO Launch in March, Set to Offset 10% of Stocks – Report
18.1.2024
Source: AdobeStock /Aozora San Francisco-based social media giant Reddit is scheduled for an initial public offering (IPO) in March, according to a Reuters report. Reddit, famous for its role in the meme stock frenzy of 2021, is making its second attempt at a public listing after an initial move...
Ethereum Staking Platform Kiln Raises $17 Million in Funding Round Led by 1kx
18.1.2024
Paris-based Ethereum staking infrastructure provider Kiln has closed a $17 million funding round to expand its institutional-grade offering internationally. The funding will also support more decentralized finance (DeFi) reward models. The funding round was led by 1kx. Several prominent investors...
Polymarket Predicts Trump as 2024 US Election Winner With 48% Chance, Biden and Haley Trail in Predictions
18.1.2024
With the U.S. presidential election just about nine months on the horizon, it appears that American electors are poised to encounter familiar faces from the 2020 race — Joe Biden and Donald Trump. Recent data from the decentralized crypto-based predictions platform Polymarket suggests that Trump...
VanEck, Pudgy Penguins and Anichess – Top NFT News Today – 18 January
18.1.2024
Source: pudgypenguins / Twitter Today in NFT news: VanEck becomes an NFT Paris conference partner, Pudgy Penguins are up over 170% in a month, and the NFT-based chess strategy and spell game Anichess launches for all players. Since yesterday, the non-fungible token (NFT) sales volume is down just...
Crypto Trader Makes $1 Million in 10 Days Following Elon Musk’s Bio Update
18.1.2024
A crypto trader has turned $10,000 into $1 million in just 10 days by investing in Etherum-based TROLL tokens. This happened right after Elon Musk made his X (Twitter) bio read “Chief Troll Officer (CTO)”. On-chain data from Etherscan shows that a crypto trader made millions from...
NYSE’s Strategic Move — Bitcoin ETF Options Poised to Boost Market Dynamics
17.1.2024
In a groundbreaking move, NYSE Arca Inc. has submitted a proposal to amend its rules to enable options trading on commodity-based trust shares, specifically targeting bitcoin-based ETFs. This initiative, detailed in the 19b-4 filing with the SEC, marks a significant advancement in the financial...
$9.6 Billion in 3 Days — ETF Analyst Highlights Remarkable Early Success of Bitcoin ETFs
17.1.2024
On Tuesday, the third day of trading for the U.S.-based spot bitcoin exchange-traded fund (ETF), there was a noticeable decrease in activity with trading volumes falling by 37% from the levels seen on Jan. 12, 2024. The day concluded with most funds slightly over 1% lower against the U.S. dollar...