John A. DeSalvo, a former lieutenant at the New Jersey Department of Corrections, has been charged by the US Securities and Exchange Commission (SEC) for orchestrating a cryptocurrency scam that targeted law enforcement officers. DeSalvo allegedly raised $623,388 from 222 investors between November 2021 and May 2022 through his own digital currency, the Blazar token.DeSalvo […]
FTX, a crypto platform founded by Sam Bankman-Fried, has been struggling since November 2022, causing other crypto companies such as Celsius and Voyager to collapse. John J. Ray III took over operations and promised to guide the company through bankruptcy and maximize recoveries for stakeholders. Court documents revealed FTX’s blueprint for a strategic “management and […]
Binance, a leading cryptocurrency exchange, has announced that its crypto debit card will no longer be available in Latin America and the Middle East from September 21. The card allows users to use their digital assets for everyday transactions and is accepted at a network of over 60 million merchants globally. Binance clarified that the […]
Binance, the leading global cryptocurrency exchange, is set to discontinue its crypto debit card services in two major markets: Latin America and the Middle East. This will take effect on August 25th, and customers in these territories will have until September 21 for card transactions. Binance clarified that this won’t affect accounts, nor will it […]
Roman Semenov and Roman Storm, co-founders of the crypto mixer Tornado Cash, have been charged with money laundering and operating an unauthorized money-transfer business. The US Treasury added Semenov to its list of specially designated nationals on Aug. 23. The FBI and the IRS detained Storm on Aug. 24.The charges stem from the alleged laundering […]
Bitstamp, a prominent cryptocurrency exchange, has announced that it will be terminating Ethereum (ETH) staking services for its US customers due to regulatory challenges in the US cryptocurrency landscape. Users have until September 25 to continue earning rewards on their staked Ethereum assets, after which the tokens will be automatically unstaked and returned to their […]
Wall Street Memes (WSM) is a rapidly expanding cryptocurrency presale that has amassed over $25 million in its final stages. The project stands out with its vast scope, commitment to fairness, and strategic relevance. The presale phase strategically guarantees widespread participation by earmarking 50% of the 2 billion token supply, fostering an equitable distribution among […]
XRP, a cryptocurrency, has emerged as the only asset with regulatory clarity among the 22,930 assets in the Bitcoin market. This has led to expectations of a surge in its value, similar to the 2017 crypto boom. XRP’s legal and regulatory clarity in the U.S. sets it apart from other cryptocurrencies, making it an attractive […]
Whales and sharks have been accumulating Bitcoin since August 17, according to Santiment data. The collective purchase of 11,629 BTC is worth almost $308 million at current rates. This activity has been observed not only during bearish periods but also during price rallies. The recent market-wide retracement was likely caused by speculations that SpaceX might […]
Elon Musk, the CEO of Tesla and Twitter, recently tweeted his support for Dogecoin and Shiba Inu, two popular meme coins. His tweet caused a 0.9% increase in Dogecoin’s value, although it has experienced market turbulence in the past month, dropping 16.8%. Glauber Contessoto, also known as the “Dogefather” and “Dogecoin CEO”, remains optimistic about […]
