A hacker has managed to steal 234 Ether (ETH) worth approximately $385,000 in less than 24 hours by manipulating the SIM cards of four Friend.Tech users. The victims reported that the scammer was able to switch their SIM cards to an iPhone SE at the Apple store. Manifold Trading has warned that up to $20 […]
Elon Musk is facing legal proceedings from the U.S. Securities and Exchange Commission (SEC) for failing to comply with a subpoena. The SEC is investigating whether Musk violated federal securities law with his Twitter purchase last year. The regulator has requested Musk’s testimony to obtain information relevant to its investigation. Musk had agreed to testify […]
Ripple and its XRP token have been gaining significant attention recently, following a key court win in July. This victory has caused the total number of XRP wallets to surpass 4.8 million. The crypto firm celebrated the success with a massive party in New York City, where CEO Brad Garlinghouse even got a tattoo to […]
Steven Schoenfield, former BlackRock managing director and current CEO of MarketVector Indexes, predicted that the U.S. SEC will approve a Spot Bitcoin ETF within three to six months during a panel discussion on ETFs at CCData’s Digital Asset Summit in London. Schoenfield previously estimated approval would take nine to twelve months.The SEC’s recent decision to […]
The U.S. Securities and Exchange Commission (SEC) has been denied its motion to appeal a ruling that retail sales of XRP tokens do not constitute a security offering. District Court Judge Analisa Torres rejected the motion, citing that the SEC failed to establish the necessary conditions. The trial on the case will commence on April […]
Crypto companies in the Netherlands, including Bitvavo and Coinmerce, have won a legal battle against the Dutch central bank (DNB) over a $2.3 million fee imposed for anti-money laundering registration. The Rotterdam court ruled that the DNB had overstepped its legal authority in assessing the registration requests. The court also highlighted that it is not […]
Anarchy (ANA) is a new meme-based cryptocurrency project that is challenging the reigning champion, Floki Inu, in the meme coin market. Anarchy is a rebellious token with a mission to challenge corrupt systems and potentially rival FLOKI’s position in the market. It is the perfect blend of fun, profit, and change in society. Anarchy leverages […]
The Hong Kong Securities and Futures Commission (SFC) has teamed up with the Hong Kong Police Force to form a working group to investigate and monitor crypto exchange-related crimes. This comes after the Dubai-based JPEX exchange, a major player in the Hong Kong crypto industry, was involved in a scandal. The SFC revealed this in […]
MakerDAO’s decentralized stablecoin, DAI, has seen remarkable growth recently, with its Total Value Locked (TVL) surpassing the $1 billion mark. This success is largely attributed to the DAI Savings Rate (DSR), which offers an impressive 8% Annual Percentage Yield. Maker’s treasury has also grown to $171.61 million, with its native MKR token constituting 52.12% and […]
Solana’s DeFi ecosystem has seen a notable increase in growth this year, with major traditional institutions such as Visa and Shopify adopting the blockchain network. The total value of assets locked (TVL) on the Solana blockchain reached a yearly high of $335 million on October 2nd, according to DeFillama data. Despite this recent growth, the […]
