In the world of cryptocurrency, meme coins have gained significant popularity in recent years. These coins, which are often characterized by their humorous and light-hearted nature, have attracted a loyal following of investors. Among the top meme coins, Popcat has shown remarkable strength in the past week, with a staggering 52% increase in price by
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Binance, the world’s largest crypto exchange, recently announced the addition of new trading pairs and services to its platform. This move is aimed at expanding user options and enhancing the overall trading experience for its customers. The new trading pairs include DOGS/BRL, DOGS/USDC, RARE/BRL, and RARE/USDC, which will be available on Binance Spot starting today.
The US Securities and Exchange Commission has been actively targeting various cryptocurrency platforms in recent times, with mixed results. Despite their efforts, many companies continue to operate in the space, pushing the boundaries of what is considered legal and compliant with regulations. The latest platform to come under scrutiny is OpenSea, a popular NFT marketplace.
Cardano, a popular blockchain platform, is preparing for a significant upgrade known as the Chang hard fork. This upgrade is poised to introduce new features and solidify the network’s transition into a community-run ecosystem. Originally scheduled for deployment on August 27, the launch date was pushed back to September 1, 2024, to allow crypto exchanges
Maker, a prominent DeFi lending protocol on Ethereum, has recently undergone a rebranding to “Sky” alongside upgrades to its decentralized stablecoin system. Along with this rebranding, the stablecoin DAI has been transformed into USDS, and the governance token MKR has been changed to SKY. This move signifies a new chapter for Maker and its community.
Shan Hanes, the former CEO of Heartland Tri-State Bank (HTSB), was sentenced to 293 months in federal prison for embezzling a staggering $47.1 million in a cryptocurrency fraud scheme. His actions led to the collapse of the bank, leaving investors reeling from the $9 million loss they suffered. The Scheme Unveiled Hanes executed 11 unauthorized
Bitcoin Exchange-Traded Funds (ETFs) have been dominating the market recently, with a significant increase in investments over the past week. The largest US-based Bitcoin ETFs saw a total of over $500 million being allocated to them, indicating a strong investor interest in the cryptocurrency. Despite a rough start at the beginning of the month, with
In the wake of Pavel Durov’s arrest in France over the weekend, a multitude of celebrities and well-known public figures have come forward to express their support for the embattled entrepreneur. Among those standing in solidarity with Durov are prominent names such as Elon Musk, Robert F. Kennedy, Vitalik Buterin, and Tucker Carlson. This outpouring
The US Securities and Exchange Commission has stood firm in its decision to challenge Hex founder Richard Heart’s efforts to dismiss the $1 billion securities fraud lawsuit filed against him. The SEC recently submitted an opposition brief in a New York federal court, highlighting the inadequacies of Heart’s motion to dismiss and emphasizing its jurisdiction
The recent talk by Powell at Jackson Hole sent waves across the market as he explicitly endorsed upcoming rate cuts rather than just hinting at them. This change in stance from the Fed is expected to have a significant impact on the crypto market. Lower interest rates and an increase in the supply of dollars