A new study reveals that the United States leads in both scam and failed crypto projects. US Leads in Crypto Scams, Study Finds According to a study examining more than 1,500 crypto projects, U.S. founders account for 43.4% of all identified scam crypto projects in 2024. Between January and October, the country’s share of total […] Source CryptoX Portal
Tag: Crypto
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…
Crypto Intelligence Platform Arkham Announces New Spot Trading Exchange Coming to US
Market analytics platform Arkham Intelligence is announcing the launch of a new spot trading exchange. In a new thread on the social media platform X, the crypto intelligence firm says it plans to start a new spot trading service in the US, launching as soon as next week. However, Arkham notes that some US users will have to wait until the platform is fully regulated. “Eligibility varies by jurisdiction. Users residing in the United States will be excluded from onboarding until onboarding is legally permitted in their country and state.”…
Is the Crypto Conference Circuit Good for Crypto?
First, even the best-staffed teams in crypto are lean compared to traditional corporate setups. If these teams are meant to focus on driving adoption, who really benefits when we pull large portions of them away, covering $1,000+ conference tickets, flights, hotels, daily stipends for food and transport — and worse, the lost hours spent traveling, multiplied by their pay? In all honesty, the only true product-market fit this industry seems to have found is in hosting events. Source
Crypto Agents and Verifiable Systems Are the Future of Safe, User-Centric Tech
Applications for this technology span finance, data sharing, education, and beyond. For instance, platforms like Genius Terminal use agents for decentralized digital asset trading, while in data sharing, agents allow users to control their information, choose who gets to use it, and either sell it or exchange it for personalized recommendations. In education, they link LLMs for assessing the accuracy of answers to blockchains for transparent verification and real-time rewards that engage learners. This is really just the beginning, as these agents get more advanced, they’ll be able to take…
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
Donald Trump’s Media Company in Advanced Talks To Buy Crypto Trading Exchange Bakkt: Report
A social media company that’s majority-owned by US President-elect Donald Trump is reportedly in talks to acquire Bakkt, a crypto trading and custody firm backed by Intercontinental Exchange Inc. The Financial Times, citing “two people with knowledge of the talks,” reports that the Trump Media and Technology Group, which operates Truth Social, a microblogging platform, is in the advanced stage of talks to acquire Bakkt for an undisclosed amount in an all-stock deal. As of the market close on November 18th, Trump Media & Technology Group Corp (NASDAQ: DJT) had…
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…
Crypto Mining Companies Powered by Nuclear
As big tech searches for ways to meet its voracious energy demands and policymakers search for cleaner alternatives to secure energy independence, nuclear has increasingly become a nexus for both Wall Street and Washington. On Capitol Hill, senators and representatives have passed nuclear legislation this year with overwhelmingly broad bipartisan support. In an era defined by bitter partisanship, the Accelerating Deployment of Versatile Advanced Nuclear for Clean Energy (ADVANCE) Act passed the Senate by a vote of 88-2 and passed the House by a vote of 393-13. This followed the…
Bitcoin (BTC) Price Leads Crypto Market as ETF Options Traders Go Degen
Bitcoin (BTC) is eyeing record highs once again heading into Wednesday’s U.S. session. The largest crypto is trading just below $94,000, the new record from Tuesday, and leading the broader market with a 2% climb over the past 24 hours. Meanwhile, the broad-market CoinDesk 20 Index was little changed and large-cap altcoins ether (ETH) and solana (SOL) fell. Options on BlackRock’s spot bitcoin ETF (IBIT) saw staggering first-day trading activity yesterday, pushing the BTC price higher, analysts noted. Most of the activity focused on calls, representing a bullish view, with…