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The Securities and Exchange Commission (SEC) has charged Silvergate Bank, once a major player in the cryptocurrency financial sector, for defrauding its investors. The bank is accused of misleading investors about its anti-money laundering controls and the potential impact of the collapse of FTX on its operations. This lawsuit also implicates Silvergate’s CEO, CRO, and CFO…
Polymarket, the decentralized prediction market platform, has experienced a significant increase in trading volume, with bets totaling $200 million placed on the outcome of the US Presidential Election. Many high-influencing personalities as well as non-residents have rushed to the platform, marking keen interest in the political arena and the trust placed in their candidates. …
There’ll really be much jubilation for the Coinbase team at the moment! Of course, who wouldn’t be happy? When you’ve been choosen to hold crypto for the U.S government? Well let’s take a look at how it all happened, in summary. How It Happened The U.S. Marshals Service (USMS), part of the Department of Justice,…
In a recent development, a crypto whale identified as 0x837 has converted over $18 million worth of PEPE tokens into Ethereum (ETH) within the past few hours. Why Were These PEPE Tokens Converted This transaction coincides with a decline in the PEPE token’s price and heightened investor interest in Ethereum, driven by the anticipation of the…
On yet another day, the SEC has announced yet another charge. In another case, the SEC has charged Consensys Software Inc. with the unregistered offer and sale of securities through its MetaMask Staking service and operating as an unregistered broker through both MetaMask Staking and MetaMask Swaps. The charges were announced on June 28, 2024….
According to Arkham Intelligence, a blockchain explorer, the U.S. government transferred 3,940 Bitcoins to coinbase , valued at approximately $241 million. See Also: Massive Bitcoin Whales Transactions The Reason Behind The Transfer of Bitcoins To Coinbase Arkham Intelligence’s data reveals that the government holds more than $13 billion worth of Bitcoin. The reason behind this recent…
The SEC Chair Gary Gensler expressed confidence in the approval process for spot Ethereum ETFs during an interview at the Bloomberg Investment Summit. He did not, however, provide a specific timeline for when these ETFs might be available. The SECs Stand At The Moment Gensler emphasized that the main focus is on asset managers ensuring full…
The Solana Foundation is making headlines with its latest announcement: the introduction of innovative features aimed at rejuvenating the cryptocurrency community’s presence on social media platforms like Twitter. These features, Actions, and Blinks, will change the way users engage with crypto, allowing for direct on-chain transactions from their preferred websites and social networks. Crypto Twitter,…
In Today’s article, we’ll talk about some good examples of non KYC crypto exchanges you can use to trade. Firstly what is KYC? KYC simply stands for the term “KNOW YOUR CUSTOMER”. So what are KYC crypto exchanges? KYC crypto exchanges are trading platforms that require users to verify their identities before they can fully access the…
A smart contract development company specializes in creating, deploying, and auditing self-executing contracts on blockchain platforms. These companies use blockchain technology to automate and secure transactions, offering services that include designing smart contracts, ensuring their security, and integrating them into various industries such as finance, supply chain, and insurance. But what exactly is smart contract?…
Recently, Solana’s price has maintained a level above $130 over the past 48 hours. With Solana gaining over 30% of the funds exiting the Ethereum network, it stands to gain significantly from the upcoming spot Ethereum (ETH) ETF launch. Solana’s Price Set to Gain from Ethereum ETF Inflows Since its inception in 2020, Solana has outperformed…
Ever heard of a Crypto PR agency? what are they, do you know any examples? What are their benefits? We’ll find out in this article. Just sit back and read through briefly, we’ll explain crypto PR agencies to you in such a way you’ll never forget about them. What is a Crypto PR Agency A Crypto…
Two US lawmakers, Representative French Hill (Republican) and Representative Chrissy Houlahan (Democrat), have visited Tigran Gambaryan, a Binance executive currently detained at the Kuje correctional center in Abuja, Nigeria. The visit was intended to show concern in the growing international concern over Gambaryan’s detention conditions and the Nigerian government’s stance on cryptocurrency operations. Tigran…
Recent technical analysis has identified a cup and handle pattern indicating significant bullish signs. In an analysis shared on TradingView on June 21, crypto trading experts highlighted a giant cup and handle pattern on Bitcoin’s one-week time frame chart. This pattern, which started forming at the peak of the previous bull cycle, is a bullish…
