Day: May 15, 2024

XRP To Nearly $600? Analyst Makes Bold Claim

A fresh prediction has ignited discussion in the XRP community. Analyst Cryptobilbuwoo is charting an ambitious course for the cryptocurrency, with a potential price target that has some investors excited and others skeptical. Related Reading Echoes Of 2017: Fibonacci Paints A Bullish Picture Cryptobilbuwoo’s forecast draws inspiration from historical patterns, particularly the XRP rally of 2017. By leveraging Fibonacci retracement levels, a common technical analysis tool, they see a potentially similar scenario unfolding for the altcoin. Imagine a roadmap to the summit. Fibonacci levels act as checkpoints, highlighting potential resistance…

Cahill Gordon & Reindel Beefs Up Crypto Practice, Adds 3 Crypto-Native Lawyers Including Lewis Cohen

“One of the big frustrations for clients is that they don’t really have a one-stop shop that they can go to to find crypto-native lawyers who speak the language, understand the technology,” Enzer said. “What you have is a tax crypto expert here, a crypto litigator there, a securities crypto expert at this place – it makes it very difficult for clients and more expensive, frankly, because they end up having to retain multiple law firms to get what they need.” Source

From Bitcoin basher to crypto crusader

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Cuban has been catapulted back into the news after claiming that Gary Gensler’s anti-crypto stance could cost Joe Biden the presidential election in November. Billionaire investor and Shark Tank star Mark Cuban hasn’t always been a fan of cryptocurrencies. A little over four years ago, he was especially dismissive of Bitcoin — declaring that he’d rather have bananas because they have utility. Fast forward to 2022, and things couldn’t have been more different. In an interview with the comedian Jon Stewart, Cuban revealed 80% of the investments he was making…

Stake BNB and FDUSD to Farm $NOT Tokens

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Notcoin, a viral Telegram-based game, has successfully onboarded millions of users into the world of Web3. This straightforward gameplay resonated with users, leading to a peak of six million daily active users and a total player base of 35 million. This article delves into what Notcoin is, how it works, and the exciting opportunities it offers, including staking BNB and FDUSD to farm Notcoin tokens ($NOT). In Notcoin, players earn in-game currency by tapping on a gold coin within the Telegram app. The energy required to tap the coin depletes…

Indian crime officials being probed in major Bitcoin scam

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Several officers from the Indian Crime Branch, including an Inspector General of Police (IGP), are being probed by a Special Investigation Team (SIT) in connection with a Bitcoin scam. The SIT has issued a notice to Inspector General of Police (IGP) Sandeep Patil, head of the Crime Branch at the time, to clarify discrepancies in the investigation into a Bitcoin scam.  The scam involves hacker Srikrishna Ramesh, also known as Sriki and his associate Robin Khandelwal. Sikri, the mastermind behind the scam, hacked a cryptocurrency exchange, Unocoin, in 2017 and…

Sonne Finance Token Drops 60% After $20M Exploit on Optimism

The exploiters utilized a “donation” attack to manipulate certain markets offered by the platform, stealing various tokens before being interrupted. The incident occurred on Sonne’s platform on the Optimism blockchain. The Base blockchain version was not affected. (Think of this as a mobile application getting hacked on Apple iOS, but remaining safe on Android.) Source

Deutsche Bank Explores Blockchain-Based Asset Tokenization

Deutsche Bank has announced its collaboration with the Monetary Authority of Singapore’s Project Guardian, a multi-year initiative aimed at exploring the potential of asset tokenization in regulated financial markets. The banking giant will test an open architecture and interoperable blockchain platform for servicing tokenized and digital funds. This move signifies Deutsche Bank’s commitment to leading […] Source CryptoX Portal

Pepe Power! Meme Coin Surges on Back of GameStop Nostalgia

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The internet’s resident amphibian is back in the spotlight, but this time Pepe the Frog isn’t gracing troll forums – he’s maneuvering his way to the top of the cryptocurrency charts. PEPE, the meme coin named after the internet legend, is experiencing a historic surge, fueled by a potent mix of nostalgia and retail investor fervor. Related Reading From Backwater To Bullfrog: PEPE’s Rise PEPE’s recent ascent is nothing short of meteoric. Trading volume has skyrocketed by an impressive 300% in the past 24 hours, with the price reaching an…