Day: May 26, 2024

Marathon Digital Inks Renewable Energy Deal With Kenya; Crypto Miner to Invest $80M

Marathon Digital Holdings and the Kenyan Ministry of Energy and Petroleum recently signed an agreement which sees the crypto mining firm committing to invest $80 million in Kenya’s digital infrastructure. Following the memorandum of understanding (MOU) signing, the Kenyan government will establish a steering committee comprised of ministry officials and executives from Marathon. Joint Steering […] Source CryptoX Portal

Litecoin eyes $90 mark, analyst predicts inflows in Monero and Akash contender

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. While is making waves in the Web3 crowdfunding space , positioning itself as a contender for Akash and Monero. Thanks to heightened whale activity, Litecoin (LTC) has been witnessing notable bullish momentum that saw it breach the psychological threshold of $80.00, with the $90.00 price level in sight. By eliminating the urge for intermediaries, Borroe Finance (ROE) is emerging as a perfect Akash and Monero contender that is changing…

Bitcoin, KangaMoon, and Lido DAO Reach New Highs, Outpacing Inflation

boss

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Amid the Ethereum ETF rally, Bitcoin and Lido DAO surged with double-digit gains, while KangaMoon is geared to outperform its competitors. The crypto market is bullish, as Bitcoin, Lido DAO, and broader altcoins have grown remarkably in the past few days. The overall positive market sentiments are attributed to the rising wave of Ethereum ETF news. Amid the market surge, KangaMoon is emerging as the next rival for established…

Report: Investigation Finds No Fault With Sullivan & Cromwell in FTX Bankruptcy

An investigation into the law firm Sullivan & Cromwell LLP, which worked with the now-defunct crypto exchange FTX, revealed that the firm was neither involved in the fraud nor aware of the financial troubles that plagued the collapsed trading platform. Sullivan & Cromwell Cleared of Negligence in FTX Collapse Following a recent investigation, former U.S. […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Malaysian Authorities Bust Syndicate Accused of Laundering Fraud Proceeds via Cryptocurrency

Law enforcement officials in Malaysia recently arrested ten individuals linked to a criminal syndicate that allegedly used cryptocurrencies to launder fraudulent proceeds. Assets, including motor vehicles, valued at more than $7.7 million were seized, and bank accounts holding approximately $10.8 million were frozen. Syndicate Accused of Channeling Illegally Acquired Funds into Malaysia Authorities in Malaysia […] Source CryptoX Portal

Trump Pledges to Free Silk Road Creator Ross Ulbricht If Re-Elected

Before Trump’s presidency ended in January 2021, he granted clemency to 143 individuals – pardoning 73, including Ripple board member Ken Kurson, and commuting the sentences of 70 others. He did not offer clemency to Ulbricht, Wikileaks founder Julian Assange or Edward Snowden, who released details about a U.S. surveillance program to American journalist Glenn Greenwald. Source

Major Crypto Exchanges Announce Over 1,200 Job Openings

boss

Major cryptocurrency exchanges, including Binance, Coinbase, Okx, and Crypto.com, are expanding their workforces, collectively offering over 1,200 job openings. Binance leads this hiring surge with 460 roles, followed by Okx with 414, Crypto.com with 335, and Coinbase with 224. This recruitment drive is fueled by market optimism, particularly surrounding bitcoin and ethereum exchange-traded funds (ETFs), […] Source

Why Did CORE Price Surge 20% While The Crypto Market Dumped?

boss

CORE, the native token of the layer-1 network CoreChain, has surged over 20% in the last 24 hours. This is a notable price increase, considering the downward trend in the broader crypto market with the prices of other major cap tokens, including Ethereum (ETH) dumping.  Related Reading Why CORE Soared By Over 20% CORE’s price rallied by over 20% following crypto exchange Coinbase’s decision to add the crypto token to its listing ‘Roadmap.’ That means the foremost US crypto exchange plans to list CORE at some point, although it hasn’t…