In a significant move that could reshape the landscape of cryptocurrency regulation in the United States, the former Commodity Futures Trading Commission (CFTC) chair Chris Giancarlo—dubbed “Crypto Dad”—is being considered to take on the role of the nation’s inaugural “crypto czar.” As reported by Fox Business on November 21, this position is being crafted under
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In an unprecedented legal maneuver, the Southern District of New York Bankruptcy Court has sanctioned Celsius Network’s unconventional approach to serving legal notices through non-fungible token (NFT) airdrops. As the cryptocurrency platform grapples with insolvency, it is embroiled in the complex task of recovering assets allegedly misappropriated through fraudulent digital transfers. With traditional methods of
Ethereum, the world’s second-largest cryptocurrency by market capitalization, has recently experienced a period of consolidation. After reaching a four-month high of $3,420, the price has largely stalled, leaving many investors wondering about its potential trajectory. This phenomenon is particularly notable given Ethereum’s historical correlations with Bitcoin, whose price movements often significantly influence other cryptocurrencies. However,
On November 21, 2023, Sui Network, a prominent Layer 1 blockchain, found itself thrust into the spotlight due to a significant operational disruption. The network experienced an unsettling period of downtime that lasted approximately two hours, during which it was unable to produce blocks. This substantial hiccup raised alarms in the crypto community, given the
Since its launch in early 2023, My Neighbor Alice (MNA) has established itself as a leading player in the blockchain-based metaverse gaming landscape. This burgeoning platform combines elements of traditional gaming with innovative blockchain technology, allowing players to explore, build, and engage with a vibrant virtual world. However, the creators of MNA, led by business
Nikolai Durov, widely recognized as a pioneering mathematician and co-founder of the popular messaging platform Telegram, recently celebrated his 44th birthday—a milestone marked by the exciting launch of the NikolAI project’s first-ever NFT series. This initiative not only recognizes Durov’s influential work but also seeks to foster a lively community within the TON blockchain ecosystem.
The vibrant Shiba Inu (SHIB) community is unfortunately becoming a fertile ground for scams as fraudsters take advantage of its active user base. Scammers, often pretending to be developers of the popular meme coin, are promoting counterfeit tokens that claim to be endorsed by recognized figures within the project. This has raised significant concern about
In a significant development, South Korean authorities have recently succeeded in recovering 4.8 Bitcoin (BTC) linked to the massive 2019 hack of the Upbit cryptocurrency exchange. This operation was no small feat; it involved the theft of 342,000 Ethereum (ETH) by North Korean hackers, who have since become infamous for their cybercriminal exploits. Valued at
In an evolving landscape of digital finance, Agant is set to introduce GBPA, a stablecoin pegged to the pound sterling. This initiative aims to cater to the increasing demand for regulated digital currency solutions, particularly in the United Kingdom, where more than 6 million people and a significant portion of its institutions are actively exploring
Ethereum (ETH), the second-most significant cryptocurrency by market capitalization, has found itself at a critical juncture since reaching a local high of $4,446 on November 12. This period of consolidation has raised questions regarding its future trajectory, especially in light of Bitcoin’s (BTC) recent bullish performance. While Bitcoin commands market attention, Ethereum’s struggle to regain