SEC has deemed Ethereum a security for an extended period

SEC has deemed Ethereum a security for an extended period

Explosive accusations have been hurled at the Securities and Exchange Commission by Consensys, the mastermind behind Ethereum software. A fiery complaint has been filed, exposing the SEC’s questionable tactics in their investigation of Ethereum 2.0. It has been revealed that the agency was suspicious of potential securities being offered and sold, specifically ETH, as far … Read more

Cryptocurrency investments soar to a staggering $435 million in just 3 weeks

Cryptocurrency

Amidst a tumultuous week in the world of cryptocurrency, Bitcoin took a sharp nosedive of over 5%, sending shockwaves through the market. As a result, savvy crypto investors wasted no time in pulling their funds from virtual asset vehicles, such as spot exchange-traded funds, in a frantic attempt to protect their investments. Breaking records in … Read more

South Korea to Launch Crypto Crime Investigation Unit

South Korea to Launch Crypto Crime Investigation Unit

Taking a stand against the growing threat of crypto crimes, South Korean regulators are taking proactive steps to establish a dedicated investigative unit. This bold move demonstrates their unwavering commitment to safeguarding the nation’s financial security and cracking down on illegal activities in the cryptocurrency world. The nation’s Justice Ministry and Ministry of Interior and … Read more

Bitcoin’s Rollercoaster Ride: Buckle Up or Bail Out on the Dip?

Bitcoin dip

Bitcoin (BTC) has taken a dip of 5.5% in the past week, currently resting at $62,524 (BTC/USD). The question on everyone’s mind: is this the perfect opportunity for investors to strike gold? As the clock struck Monday morning, the coin took a sharp nosedive, plummeting 1.73% and showing no signs of slowing down. With each … Read more

Trader Earns $26 Million by Investing in Solana Meme Token

Trader Earns 26 Million by Investing in Solana Meme Token

Amidst the frenzy of the meme coin craze, a savvy trader has struck gold, raking in a staggering $26 million in profits by skillfully navigating the world of Solana token trading. On November 11, 2023, the astute analyst paulo.sol made a bold move and invested in the rising star cryptocurrency, Bonk (BONK). With his expert … Read more

Crypto Weekly Roundup: Tesla Holds BTC, Cosmos Vulnerability Patched, and More

Crypto Weekly Roundup

Bitcoin Breaking news from the bustling city of Hong Kong – the SFC has given the green light for the launch of Bitcoin and Ethereum ETFs. This exciting development offers investors a regulated and secure option to dive into the world of cryptocurrency, starting April 30th. The tech mogul Elon Musk’s company, Tesla, has held … Read more

Tesla Holds $184 million in Bitcoin

Tesla Holds $184 million in Bitcoin

Amidst the volatile world of cryptocurrency, Tesla stands firm in its commitment to Bitcoin. The company’s latest financial report reveals a whopping $184 million in digital assets, solidifying its position as a major player in the market. With a portfolio of 11,509 bitcoins, valued at an impressive $745 million, Tesla’s bold move has caught the … Read more

US Users Blocked from Wasabi Wallet by zkSNACKs: WHY?

US Users Blocked from Wasabi Wallet by zkSNACKs

According to a recent post on the Wasabi Wallet website, a ban has been implemented that affects all of you, including those with permanent residency or a U.S. passport. This ban, effective immediately, restricts your access to popular websites such as wasabiwallet.io, api.wasabiwallet.io, and zksnacks.com. That’s right, you read it correctly. U.S. citizens are now … Read more

Ripple vs SEC Update: What to Expect Next Week

Ripple vs SEC Update

The courtroom was abuzz last week as the highly-anticipated legal showdown between Ripple and the SEC finally began. As the two sides prepared to battle it out, all eyes were on attorney James K. Filan, who revealed a new schedule set by Magistrate Judge Sarah Netburn. The stakes were high as they targeted the motion … Read more

Ethereum Is Undergoing Potential Liquidation Risks and ETF Hurdles

Ethereum-Is-Undergoing-Potential-Liquidation-Risks-and-ETF-Hurdles

A sudden drop in prices over the weekend caused panic among investors and potentially triggered a domino effect of selling off long positions. The fear and uncertainty are palpable as the market tries to weather this storm of volatility. The current state of Ethereum (ETH) stands at a staggering $3,153.10, according to the latest data … Read more