The U.S. Commodity Futures Trading Commission (CFTC) has initiated legal action against a fake trading platform and its associates for defrauding investors out of $3.6 million. The scheme, which targeted Asian Americans, involved soliciting funds in fiat and digital assets, with false promises of trading in commodity futures. Instead, the funds were misappropriated and diverted […] Source CryptoX Portal
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Crypto is the darling of the 2024 elections, and I’m totally here for it. For the first time in history, two presidential candidates are actively courting the crypto vote. Donald Trump made his pitch at the Bitcoin 2024 Conference addressing crypto voters, which was met with an astonishing vote of support from the crypto community. Democrats, unwilling to concede the crypto vote to Trump, held a crypto…
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…
Federico Sturzenegger, Argentine President Javier Milei’s Minister of De-Regulation and State Transformation, explained that the administration is preparing to implement new measures to reduce public spending. Calling it “Deep Chainsaw,” Sturzenegger revealed that the government is working on liberalizing passenger freight transport, air transport, the medicines market, and sports associations. “Public employment has fallen by […] Source CryptoX Portal
Este artículo también está disponible en español. Bitcoin has been on an incredible price momentum for the past two weeks. This momentum, which took many by surprise, saw Bitcoin breaking above the psychological $65,000 price level again. According to price data, Bitcoin traded as low as $52,820 on September 6. Related Reading Its recent rebound to $66,300 indicates that the king of cryptocurrencies has recovered substantially by 25.5% in two weeks. According to Coinglass data, this marks the biggest gains recorded by Bitcoin in September since 2013. Yet, despite this…
After a laid-back farming session in Pixels last week, Regina cranks up the intensity with The Beacon, a dungeon-crawling NFT game Last week’s quick recap From last week’s gameplay, we played Pixels, a Web3 game set in a captivating world with vibrant pixelated characters and lush farms. Integrated with the Ronin blockchain, Pixels allows players […] Source CryptoX Portal
BONK is currently facing turbulent waters as a sharp decline casts a shadow over its recent price performance. After a period of impressive gains, the recent downturn is raising concerns about an impending correction, with mounting selling pressure suggesting that the bullish momentum may be waning. As the market sentiment shifts, the crypto community is left wondering how low BONK could go and whether it can regain its footing. With uncertainty in the air, this analysis aims to analyze the recent sharp decline of BONK and explore the implications for…
Zach Anderson Sep 29, 2024 06:29 LayerZero Labs CEO Bryan Pellegrino discusses the complexities and security issues of blockchain bridges in a podcast with a16z crypto. Blockchain bridges are essential tools for moving assets across different chains, but their history is marred by numerous security breaches. LayerZero Labs CEO and Cofounder Bryan Pellegrino recently delved into these complexities in a discussion with a16z crypto General Partner Ali Yahya and cohost Robert Hackett, according to a16z crypto. The Role of Blockchain Bridges Blockchain…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Five cryptocurrencies show potential for significant gains. Explore how a $100 investment might yield substantial returns. In 2024, some cryptocurrencies are poised for explosive gains, and a small investment could potentially yield significant returns. This article reveals the top five digital coins that show the most promise for turning $100 into $50,000. Explore these promising options before the window of opportunity closes. CYBRO presale soars past $2.5 Million: A…
XRP aficionados are ecstatic when market analyst EGRAG predicted an 888% increase in the cryptocurrency’s value. This optimism isn’t just wishful thinking; it’s based on trends seen on XRP’s one-month chart that mirror the cryptocurrency’s rapid success in 2017. As XRP struggles to reclaim prior highs, many traders wonder if this is the beginning of another bull run. EGRAG’s chart analysis shows that XRP almost touched the red rising support line four times. The pattern is similar to the price movements this currency experienced during the 2017 bull run as…