Este artículo también está disponible en español. As we enter the final quarter of 2024, two cryptocurrencies have been making headlines for providing impressive returns to their holders: Internet Computer (ICP) and Mpeppe (MPEPE). Both of these cryptos have exhibited strong price movements in September, catching the eye of investors and analysts alike. With major technological developments and market shifts happening in both projects, the future looks promising. Let’s take a closer look at why these two tokens have gained so much momentum and what’s next for them. Internet Computer…
Day: September 12, 2024
FTX’s Caroline Ellison To Be Sentenced This Month for Role in Collapse of Crypto Exchange: Court Documents
New court documents reveal that former FTX executive Caroline Ellison is set to be sentenced later this month for her role in the multi-billion-dollar downfall of the crypto exchange in 2022. According to new court filings, Ellison – who once was the girlfriend of jailed FTX co-founder Sam Bankman-Fried and the CEO of FTX’s sister firm Alameda Research – will be sentenced on September 24th. The filings indicate that Ellison is also seeking to redact specific information related to the people who sent letters of support on her behalf as…
Building on Bitcoin in the Age of Web3
The vision Moy articulated was shared by nearly every Bitcoin enthusiast, but opinions on how to actualize these ideas of decentralized money and finance differed widely. From stablecoins to NFTs, almost every category of application commonly used in the decentralized finance industry today has its roots in Bitcoin, but a strong ideological undercurrent started to create a cultural shift toward discouraging and combating these projects. From Satoshi Dice in 2012 to Ordinals in 2024, Bitcoin’s history is littered with experimental projects that have been lambasted for spamming, polluting, or distracting…
SEC Settles With Trading App eToro on Unregistered Broker Charges As Exchange Ceases Most Crypto Trading
The top U.S. securities regulator has reached a settlement with the trading app eToro severely limiting the platform’s crypto trading abilities. According to the U.S. Securities and Exchange Commission (SEC), eToro has agreed to pay $1.5 million in penalties and limit its crypto trading options to Bitcoin (BTC), Bitcoin Cash (BCH) and Ethereum (ETH) without admitting to or denying charges of operating as an unregistered crypto broker and clearing agency since 2020. The SEC contends that eToro allowed customers to trade cryptos as securities on the app without following the…
Coinbase Launches Wrapped Bitcoin for Ethereum and Base Networks
Coinbase has unveiled Coinbase Wrapped Bitcoin (cbBTC), giving users a gateway to decentralized finance (defi) apps on Ethereum and Base, using bitcoin (BTC). The cbBTC token is essentially a wrapped version of bitcoin, fully backed by BTC held in Coinbase’s custody. Coinbase Wrapped Bitcoin Opens New Defi Opportunities According to the San Francisco-based crypto exchange, […] Original
As Bitcoin Supply Tightens, Could A Breakout Be On The Horizon?
Este artículo también está disponible en español. Recent changes in the behavior of Bitcoin on the market suggest the coin could be preparing for its next significant bull run. One important consideration is the fall in Bitcoin reserves on exchanges. Less of Bitcoin is accessible for trading as owners migrate it to cold storage. Historically, this kind of decrease usually comes before significant price rises. Related Reading Declining Bitcoin Reserve Reserves of Bitcoin on exchanges have been declining drastically. This drop means that everyday traders are losing control over the…
EToro Settles With the SEC: Industry Lawyers React
Etoro, which is based in Israel, is not a big player in the U.S. crypto market. It has only 240,000 customer accounts compared to Coinbase’s 100 million. But the SEC agreement is significant for the clues it offers about how the regulator views the key legal question of which digital assets are not securities, and therefore outside its supervision, lawyers contacted by CoinDesk said. Source
Federal Judge Threatens Ryan Salame With Sanctions After Former FTX Exec Says He Lied About Plea Deal Last Year
But in a 32-page memorandum to U.S. District Court Judge Lewis Kaplan of the Southern District of New York (SDNY) last week, Salame argued that prosecutors had promised him that they would cease any investigations into Michelle Bond, Salame’s long-time partner and mother of his child, as part of his plea deal. Source
3 Reason Why Sui and Mpeppe Will Top Gainers Of 2024, Experts Dive Into Why Now Is The Time To Invest
Este artículo también está disponible en español. Sui (SUI) and Mpeppe (MPEPE) stand out as two of the most promising projects for 2024. Both have captured the attention of crypto experts and investors alike, who believe these tokens will deliver substantial returns in the upcoming year. Here are three key reasons why Sui (SUI) and Mpeppe (MPEPE) are poised to be the top gainers of 2024, and why now is the perfect time to invest. 1. Strong Market Momentum and Bullish Sentiment for Sui (SUI) Sui (SUI) has made significant…
Bullish On Helium? Explore Why Whales Has Migrated To GoodEgg’s (GEGG) Presale Token
Este artículo también está disponible en español. Helium (HNT) has long been a favorite in the Internet of Things (IoT) and decentralized wireless communication spaces, delivering impressive returns with its innovative approach to blockchain and IoT convergence. However, recent whale activity has shown a shift toward a new presale token, GoodEgg (GEGG), which has caught the attention of big-money investors. But why are Helium whales making the jump? Let’s dive into the details. Helium (HNT) Soars Amid IoT Hype Helium (HNT) has recently enjoyed a notable price surge, climbing over…