Day: September 30, 2023

Taking on the Meme Coin Market With a $1 Billion Vision – Blockchain News, Opinion, TV and Jobs

Having already raised $500K in less than 48 hours, Memeinator has already stormed through to stage 3 of its presale, on its relentless mission to redefine the meme coin sector. The project’s grand vision was born from the frustration of seeing relentless false promises and overhyped coins, that were endless parodies of each other replete with nonsensical messaging. These have made investors forget much of the fun and magic that once existed in the meme coin space. With its groundbreaking AI-driven game, blossoming community, and out-of-this-world prize offerings like a…

US representative introduces new bill to combat crypto fraud

U.S. Representative Don Beyer has introduced a new bill, the Off-Chain Digital Commodity Transaction Reporting Act. This bill aims to safeguard investors from manipulation, disputes, and fraud in the crypto market. According to the new proposal, every trading platform must report all transactions to a repository registered with the Commodity Futures Trading Commission (CFTC).  Rep. Beyer stated: “As consumers increasingly turn to large digital asset trading platforms to conduct their business, thousands of transactions each day are conducted off the publicly verifiable blockchain,”. “Unfortunately, internal record keeping among these private entities…

SBI Holdings and TradeFinex partner to drive blockchain adoption in Japan

SBI Holdings and TradeFinex have established a joint venture in Japan to promote their enterprise blockchain platform on the XDC Network. SBI Holdings, a Tokyo-based company that provides financial services, is the group’s primary holding firm for various businesses and branches.  TradeFinex operates a decentralized finance platform on the XDC Network. It connects trade finance originators with banks and lending institutions, offering blockchain-based products like letters of credit, invoicing, and supply chain finance. In the past, TradeFinex has partnered with institutions such as the International Chamber of Commerce and the World…

Analyst Predicts 130% Rally To $18

The LINK price is no stranger to bullish rallies, and in September alone, the token has gone from a low of $5.8 to a peak of $7.9. Even now, bullish momentum among enthusiasts has not waned, especially with a 130% price increase prediction from a crypto analyst. LINK Price Prediction Ahead Of October In the analysis posted to TradingView, pseudonymous analyst Babenski explains the reasoning behind the $18 surge presented in their chart. First, it points to the $5.8 low that was recorded back in mid-September which is identified as…