The U.S. securities enforcer will hire 20 extra staff to police coin offerings, non-fungible tokens and decentralized finance. Source
SEC Extends Anti-Crypto Scam Efforts
Day: May 3, 2022
Global Asset Manager Vaneck Launches Community NFT Project — 1,000 NFTs to Be Airdropped This Week – Featured Bitcoin News
Vaneck, a global asset management firm with $85.5 billion in assets, is releasing 1,000 non-fungible tokens (NFTs) this week. “We’ve designed the Vaneck Community NFT to function like a digital membership card,” said Vaneck. NFTs by Asset Management Firm Vaneck, a global asset management firm with approximately $85.5 billion in assets, announced Monday the launch of the Vaneck Community NFT (non-fungible token), which the company described as an innovative way for investors to join the Vaneck crypto community and “the first-ever NFT offered by a global asset manager.” The announcement…
‘More likely’ BTC price will hit $100K before Bitcoin sweeps $30K lows, forecast says
Bitcoin (BTC) may not crash below $30,000 and instead jump to $100,000 before sweeping its lows. That was the opinion of popular trader Credible Crypto, who, on May 2, shared an updated view of how BTC price action might unfold. Trader prepares for lows to be “left untapped” As more and more voices call for a major drawdown in BTC/USD, bullish perspectives remain confined to the long term due mainly to macro factors. For Credible Crypto, however, the pair could equally surprise the market but continue on its bull run to…
Build Twitter Blockchain Web 3.0 App with Solidity | Next.js | Sanity.io ($200 Crypto Giveaway)
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In this tutorial, you’re gonna be building the Twitter Blockchain Web 3.0 App using Solidity, Next JS, Sanity.io, Tailwind CSS, and Vercel 🔥 🤑Get FREE test Rinkeby Ethereum here: Get the free boosted plan with Sanity 👉 🗄️ Link to the assets: 🔗 GitHub Repo: I’m giving away $200 worth of ETH for a lucky winner in the comments 🤑 Last time we gave away $100 in ETH to Brenda. Click here to see the transaction: To be eligible to win, make sure to follow me on Twitter…
SEC adds to cryptocurrency regulation staff
Gary Gensler Simon Dawson | Bloomberg | Getty Images The Securities and Exchange Commission announced Tuesday that it will almost double its staff responsible for protecting investors in cryptocurrency markets. The regulator’s Crypto Assets and Cyber team, a unit of the SEC’s broader Enforcement division, will increase its head count by 20 for a total of 50 dedicated positions. Wall Street’s top law enforcer said that the 20 additions will include investigative staff attorneys, trial lawyers and fraud analysts. Both SEC Chair Gary Gensler and Enforcement Director Gurbir Grewal applauded…
What To Stake in 2022: Zilliqa Blockchain in figures
Citing the official crypto developers’ resource, CoinDesk reported that the Ethereum Foundation has rescheduled the transition to the Proof-Of-Stake consensus algorithm. The Eth1 and Eth2 networks merger with the subsequent abandonment of mining as a means of transaction validation was planned for late 2021 – early 2022. Now, the developers aim to implement Proof-Of-Stake between Q1 to Q2 2022. Thus, miners receive extra time to withdraw profit from their GPU, which can adversely affect the availability of GPUs in retail. However, staking enthusiasts shouldn’t just sit around waiting for this…
Here’s Why Solana Ceased Block Production for Seven Hours on Saturday
Millions of transactions per second and heavy traffic contributed to the network’s disruption, developers explained on Tuesday. Source
Algorand Scores FIFA Partnership; ALGO Prices Surge
FIFA, the world’s governing body for soccer, has partnered with blockchain network Algorand to help develop its digital assets strategy. Source
“Most People Don't Even Realize What's Coming…" Raoul Pal Ethereum and Bitcoin UPDATE
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io “Most People Don’t Even Realize What’s Coming…” Raoul Pal Ethereum and Bitcoin UPDATE 🔥 Earn up to $250 in crypto when you signup and start earning passive income with BlockFi! 🔐 What I use to keep my crypto secure! Macro Investor Raoul Pal believes that many investors are going to be caught offside by the speed in which Crypto is going to be adopted and increase in value. In his latest interview, Raoul hammers home his point of why Cryptocurrency is currently…
nFLARE Technology Shines a Spotlight on a Unique Model of NFT Marketplaces
We are at a point in time where “NFT” is a household term. According to DappRadar, NFT market capitalization has passed $22 billion, a 22,000% growth compared to the same period a year ago. So as digital asset ownership seems to be reaching a peak, the question now is – what’s the next big thing for NFTs? In the immediate future, the leasing and borrowing of NFTs as a source for generating passive income for owners and gaining added value for borrowers will take the center stage in the industry.…