Binance.US’ holding company, known as BAM, has provided “only approximately 220 documents … many that consist of unintelligible screenshots and documents without dates or signatures,” the SEC said, of the process of evidence-gathering known as discovery. Source
Algorand (ALGO) has recently announced significant changes to its protocol that are set to reshape the future of the blockchain network. These developments are aimed at increasing decentralization and fostering consensus among participants, signaling a bold step forward for the project. One of the most striking revelations in Algorand’s recent announcement is the network’s transition from relays to a peer-to-peer (P2P) network approach. This fundamental shift represents a departure from traditional blockchain architectures and underscores Algorand’s commitment to further decentralization. By adopting a P2P network, Algorand aims to empower its…
It’s no secret that traditional gamers harbor a strong sense of disdain for crypto and non-fungible tokens (NFTs) in their games. The reason for this is clear, says Atari founder Nolan Bushnell, it all started with the insane rise of play-to-earn games. “I can tell you clearly where this disdain for crypto comes from,” Bushnell said. “The hatred comes from these play-to-earn games that pioneered blockchain gaming.” “Good gamers don’t like to grind. Grinding is shitty. What gamers want is fun, and unfortunately these play-to-earn games are 100% dependent on…
Ripple’s token price is recovering higher from $0.458 against the US Dollar. XRP price could start a fresh rally if it clears the $0.505 and $0.515 resistance levels. Ripple’s token price is attempting a move above $0.510 and $0.525 against the US dollar. The price is now trading below $0.505 and the 100 simple moving average (4 hours). There was a break above a major bearish trend line with resistance near $0.4840 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair might gain bullish momentum…
In the crypto market, meme coins have emerged as a unique niche inspired by internet memes and trending topics. Dogecoin (DOGE) is the pioneer of meme coins, created by software engineers Jackson Palmer and Billy Markus in December 2013. It was designed for quick and easy payments as a decentralized cryptocurrency. Although it was initially thought of as a “joke coin,” Dogecoin’s dedicated community embraced this characterization. As a result, it paved the way for other emerging meme coins. This article explores the top three contenders that could follow in…
Decentralized stablecoins may eventually dominate the stablecoin market, so long as crypto “ends up living up to its potential,” says Rune Christensen, the co-founder of DeFi pioneer MakerDAO. Speaking to Cointelegraph’s Andrew Fenton at Token 2049 in Singapore, Christensen aired his thoughts on the future of decentralized stablecoins such as Dai (DAI) and their role in the wider crypto economy. They discussed a presentation by Castle Island Ventures partner Nic Carter at the TOKEN2049 conference in Singapore in which he said that interest-bearing stablecoins could become 30% of the market…
Ethereum price is eyeing a key upside break above $1,650 against the US Dollar. ETH could gain bullish momentum if there is a close above $1,650 and $1,670. Ethereum is moving higher toward the $1,650 resistance. The price is trading above $1,610 and the 100-hourly Simple Moving Average. There is a short-term rising channel forming with support near $1,630 on the hourly chart of ETH/USD (data feed via Kraken). The pair could rise steadily if there is a close above $1,650 and $1,670. Ethereum Price Eyes Upside Break Ethereum’s price…
One year after its historic transition to proof of stake, Ethereum has seen a massive reduction in energy use and a marked improvement in access to the network, however, a number of technical issues still mark the road ahead. The Merge was executed on Sept. 15, 2022 — an event that saw the Ethereum mainnet merging with a separate proof-of-stake blockchain called the Beacon Chain. The most noticeable improvement to Ethereum post-merge was the seismic shift from an energy-guzzling proof-of-work (PoW) consensus mechanism to PoS, which saw the Ethereum network…
Recent investigations link North Korea’s Lazarus Group to a series of crypto hacks totaling over $270 million in stolen assets across major platforms in the past 102 days. Investigations suggest the latest high-profile hacks targeting crypto entities have been perpetrated by North Korean hackers, particularly the notorious Lazarus Group, with over $270 million stolen over the past 102 days. Data from a consolidated list of the last four massive crypto-related hacks sheds light on this. The list was compiled by MetaMask’s lead product manager Taylor Mohana (Tayvano), and featured contributions…
Bitcoin price is holding gains above the $26,200 zone. BTC seems to be forming a base for a fresh increase above $26,850 in the coming sessions. Bitcoin is eyeing a key upside break above the $26,850 level. The price is trading above $26,100 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support near $26,300 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair seems to be setting up for a fresh rally above the $26,850 resistance. Bitcoin…