The “whale,” a term for a large holder of any token, deposited 39,260 ether to Kraken in Asian morning hours, blockchain data shows. The address previously received 47,260 ether, worth just over $11 million at the time, from one transaction in 2017. Source
In March this year, U.S regulators sought to ban Binance, alleging it had been operating in the country illegally. By November, the exchange pleaded guilty to U.S criminal charges of breaking sanctions and money-transmitting laws, agreeing to pay a $4.3 billion fine. Zhao himself pleaded guilty, agreeing to pay $50m and step down as CEO. Teng’s elevation left the crypto world in shock. Source
The US dollar value of Bitcoin has surpassed the $40,000 mark in the early Asian trading hours today (Monday). As of press time, the original cryptocurrency is inching closer to $49,000 apiece, gaining about 3.8 percent in the past 24 hours. With the ongoing rally, Bitcoin crossed the $40,000 level for the first time in 19 months since early May 2022. Meanwhile, the push in the price was not limited to Bitcoin. Ethereum, the second-largest crypto by market capitalization, is trading beyond $2,200 a piece. In the past seven days,…
The U.S. Securities and Exchange Commission (SEC) is asking the public what they think about financial services giant Fidelity’s potential spot market Ethereum (ETH) exchange-traded fund (ETF). In a new notice, the regulatory agency is asking the public for their opinion on Fidelity filing a bid to create an Ethereum-based ETF on the Chicago Board Options Exchange (CBOE). “Given that on November 17, 2023, Cboe BZX Exchange, Inc. filed with the Securities and Exchange Commission (SEC) the proposed rule change as described in Items I, II, and III below, which…
December 1, 2023 – Zug, Switzerland TMN Global proudly announces the successful listing of its native TMNG token on the MEXC crypto exchange, effective December 1, 2023. This strategic partnership marks a significant milestone for TMN Global in the crypto space. EREA World AG partnered with Europäische Metallhandels (EMH) AG to develop a cryptocurrency called ‘TMNG,’ which stands for ‘Technology Metal Network Global.’ EMH AG is the market leader for commodities trading in Europe. TMN Global is a platform which combines traditional investing in technology metals, rare earth metals and…
Binance’s $4.3 billion settlement with the United States Department of Justice (DOJ) is being hailed as a positive move for the company and the wider cryptocurrency industry, according to Galaxy Digital’s Mike Novogratz. In an interview with Bloomberg on Nov. 29, the CEO of the cryptocurrency investment firm expressed his belief that the high-profile settlement should assuage concerned investors and users of the global exchange: “I think they’re de-risked in lots of ways. People were worried about dealing with Binance. There’s a lot less to worry about now.” Novogratz also weighed in…
The investigation into Tomya was seemingly triggered by a complaint by an investor, Musa Ekmekçioğlu. He claimed he was defrauded of $211,500 by someone introduced to him by a Tomya employee. Along with Usta, a consultant who worked with Tomya for a short period was also detained, according to CoinDesk Turkey. Source
When it comes to investing, bonds, stocks, and cryptocurrency are three popular options that individuals consider. Each of these investment vehicles offers unique features and carries its own set of risks and rewards. In this article, we will delve into the characteristics of bonds and stocks compared to cryptocurrency to provide a comprehensive understanding of these investment choices. Bonds Bonds are fixed-income securities that represent debt obligations issued by corporations, municipalities, or governments to raise capital. Investors who purchase bonds are effectively lending money to the issuer in exchange for…
Binance.US has made it clear that it is distinct from its parent company, stating that it operates independently and is not involved in the recent enforcement settlements against Binance and its Former CEO, Changpeng Zhao. The exchange has emphasized that it is compliant with US regulations despite sharing technology with Binance. In light of the recent developments, Zhao has stepped down from his position as Chairman of Binance.US’s Board of Directors. This decision involves transferring voting rights and relinquishing governance. According to a statement issued by the company on X…
A memecoin rivaling the likes of Dogecoin (DOGE) and Shiba Inu (SHIB) built on the Solana (SOL) blockchain is rallying on a new major listing. KuCoin, the sixth largest crypto exchange by trading volume and known for supporting “altcoin gems” listed Bonk (BONK) yesterday on its platform. According to the announcement, BONK trading begins today, with BONK withdrawals being allowed as early as tomorrow. “BONK was launched as a massive Christmas airdrop to the Solana community at the end of 2022, almost marking the exact bottom of Solana’s price & sentiment.…