Category: CryptoX News

Franklin Templeton crypto index ETF delayed by SEC

Franklin Templeton, one of the crypto exchange-traded fund (ETF) issuers, has expressed interest in releasing the crypto index ETF, but the authorities are now delaying it. The Securities and Exchange Commission (SEC) detained the deadline for approving the crypto index ETF by Franklin Templeton. According to the filing on Nov. 20, the authorities raised their concern about the sufficient time they needed to decide whether it would be accepted or declined. “The Commission may designate if it finds such longer period to be appropriate and publishes its reasons for so…

A New Frontier: Court Authorizes Service of Process Through NFT Airdrop

In a landmark decision highlighting the unique aspects of blockchain technology, an S.D.N.Y. Bankruptcy Judge ruled in favor of Celsius’s motion for alternative service, whereby Celsius sought to provide legal service by airdopping non-fungible tokens (NFTs) to anonymous defendants’ digital asset wallets. The following opinion editorial was written by Alex Forehand and Michael Handelsman for […] Source CryptoX Portal

DCG launches new AI subsidiary to support Bittensor

Digital Currency Group, the parent company of Grayscale and Foundry, has launched a new decentralized intelligence subsidiary named Yuma. According to a press release on Nov. 20, Yuma will focus on investing in and incubating startups and projects leveraging the decentralized network Bittensor (TAO). Barry Silbert, DCG’s founder and CEO, will also serve as Yuma’s chief executive officer. The subsidiary derives its name from the Yuma Consensus mechanism, a core feature of Bittensor that rewards miners using the native token, TAO. DCG highlighted that Yuma represents its commitment to advancing…

Gen Z Trader’s $30K Heist Backfires as Crypto Community Rallies Token to $56M Market Cap

A young trader pulled off a pump-and-dump scheme on the coin called QUANT token, but the crypto community countered by rallying the token’s price. Trader Live Streams Token Dump A pump-and-dump coin created by an unidentified young trader saw its market capitalization continue to surge hours after he dumped his holdings on unsuspecting users. Although […] Source CryptoX Portal

New Yorker involved in $6.5m crypto theft: ZachXBT

A crypto scammer named Ronald Spektor deactivated his social media pages after ZachXBT alleged he aided a $6.5 million theft from a Coinbase user. According to the web3 sleuth, Ronaldd, as he’s known online, participated in a social engineering attack sometime in October. The victim narrated being contacted by a supposed Coinbase support agent and losing their life savings after clicking a malicious link. 6/ When reviewing the TON address which owns Ronald’s Telegram number you can see it was funded from multiple exchanges. You can perform a timing analysis…

DIGITAL NEWS PLATFORM MONIIFY TO DELIVER BUSINESS AND FINANCE CONTENT FOR MILLENNIALS AND GEN-Z IN EMERGING MARKETS

Founded by serial entrepreneur Naguib Sawiris, MONIIFY aims to empower the next generation of entrepreneurs and investors to make smarter money moves by providing insights and analysis on high-potential regions and sectors, including tech, AI, cryptocurrency, and energy. DUBAI, UAE, Nov. 20, 2024 /PRNewswire/ — MONIIFY (moniify.com), a digital news platform for Zillennials, founded by businessman and entrepreneur Naguib Sawiris, will launch on November 26, 2024. Set to become the go-to platform for entrepreneurs, investors and professionals hungry for knowledge, wealth, and financial freedom in the world’s fastest-growing economies, MONIIFY will provide…

After Dogecoin & Pepe exploded, Flockerz raises $2M and could be the next 10x meme coin

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Dogecoin and Pepe soar, adding billions to market caps, but new meme coin Flockerz’s $2M presale hints at a potential 10x surge. Dogecoin and Pepe have both exploded in price this month, adding multiple billions to their market caps. Yet, with new meme coin Flockerz raising $2 million in its presale, traders think a 10x gain could well be on the way. DOGE targets ATH, PEPE enters price discovery …

Experts predict SOL can hit $500 before the end of 2024

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Solana eyes $500 amid ETF optimism, while new projects like Crypto All-Stars gain traction in the bull market. Solana continues to make new highs, showing immense strength this month. And with the volume of its decentralized exchanges pushing higher, it seems nothing can stop SOL’s ascent. The Solana cryptocurrency has a price target of $500 by the end of 2024, enabled by its increased transactional capabilities over its main…

Gemini Foundation Launches BOME, GOAT, MEW, PNUT, and POL Perpetual Contracts With Up to 100x Leverage

The Gemini Foundation, a non-US derivatives platform operated by Gemini, has announced the addition of five new perpetual contracts to its trading platform, allowing users to trade BOME, GOAT, MEW, PNUT, and POL contracts with leverage of up to 100x. While these derivatives products are accessible in select jurisdictions worldwide, they are not available to […] Source CryptoX Portal