The New York Attorney General’s Office (NYAG) has recently expanded its fraud claims against Digital Currency Group (DCG) and its affiliates. The lawsuit, originally alleging over $1 billion in losses, has now been revised to include an additional $2 billion, bringing the total to a staggering $3 billion. This significant increase in losses is said
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Treasury Secretary Janet Yellen has called on Congress to enact stricter regulatory measures for cryptocurrencies and to maintain vigilance on deploying artificial intelligence (AI) in financial services. Her recent testimony before the Senate Banking, Housing, and Urban Affairs Committee highlighted the increasing complexity and potential risks within the digital asset sector, as well as the
With Bitcoin (BTC) leading a widespread rally in the cryptocurrency market, investors are increasingly seeking opportunities in smaller-cap altcoins. This article aims to provide an in-depth analysis of the best cryptocurrencies to buy today, considering factors such as market performance, potential for growth, and risk/reward ratio. Solana’s meme coin, Bonk (BONK), recently experienced a significant
In a major development for the cryptocurrency community, Smog Token (SMOG) has announced its plans to shift to become a multi-chain ecosystem using Wormhole. This move comes just 24 hours after the successful launch of Smog Token, which saw a significant price pump and a soaring market cap. As we enter the Year of the
Cryptocurrencies have undergone significant growth in recent months, resulting in a surge in demand for custodial accounts. This article will explore the reasons behind this increased interest in custodial solutions and analyze how investor behavior has shifted towards short-term utilization of such wallets. The hype surrounding the spot Bitcoin exchange-traded fund (ETF) has played a
As the Lunar New Year approaches, anticipation is growing worldwide. The Year of the Wood Dragon is on the horizon, and people are eagerly preparing for the festivities and embracing the promise of new beginnings. This year, however, there is an added air of intrigue surrounding the MetaStones DAO and its enigmatic creation, the Dragon
Bitcoin has once again defied expectations as it surged past the $46,000 mark on February 9th, overcoming a significant resistance level at $44,000. This breakthrough comes after weeks of struggle, with the resistance hindering price increases ever since the introduction of spot Bitcoin ETFs in the United States about four weeks earlier. However, fueled by
Cardano (ADA) has experienced a notable increase in trading activity, with a surge of over 7% on Thursday, pushing its price to $0.53. This comes after a turbulent period of price action in January, where ADA saw significant fluctuations. Now, analysts and social media discussions are examining various factors that could shape ADA’s trajectory in
Sky Mavis, the creator of Axie Infinity, has recently announced an exciting collaboration with GMonsters and MIXI, a leading mobile game publisher based in Japan. This partnership aims to bring titles from MIXI’s popular Fight League franchise to the Ronin blockchain, further expanding the network’s reach and potential. With the growth of the gaming industry
Bitcoin (BTC) has recently reached a milestone, surpassing $46,000 for the first time since its spot ETFs debut trade on January 11. This is a significant development for the cryptocurrency, which has faced a challenging start to 2024. However, the recent surge in Bitcoin’s price suggests that things are turning around for the digital asset.