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Indian Authorities Prepare Chargesheet Against 3 Accused in $240M Crypto Scam
28.11.2023
Source: Pixabay The Special Investigation Team formed to investigate the alleged $240 million crypto fraud in India will file chargesheet against the three main accused this week. Over 100,000 victims were duped in an alleged multilevel fake crypto scheme that also involved over 1000 police...
CZ Not off the Hook Yet as SEC Continues to Investigate Binance US: Report
28.11.2023
Source: Youtube/Entrepreneur ME The United States Securities and Exchange Commission (SEC) is seeking evidence regarding Binance.US’s alleged backdoor control over customer assets, resembling a structure akin to FTX, Wall Street Journal reported. In June, the SEC initiated legal action...
SEC Struggles to Serve Richard Heart in Multi-Billion Dollar Crypto Case
28.11.2023
In an interesting turn of events, the U.S. Securities and Exchange Commission (SEC) faces challenges in its billion-dollar lawsuit against cryptocurrency figure Richard Heart. A recent court filing reveals that the SEC has yet to successfully serve Heart, complicating the high-profile case. Legal...
Ethereum Technical Analysis: ETH Hangs Above $2K Range Amid 3% Drop
27.11.2023
Similar to bitcoin’s price, the second leading digital currency in terms of market cap, ethereum, is down on Monday, losing 3% against the U.S. dollar. Oscillating within a 24-hour range of $2,017 to $2,088, ethereum maintains a market capitalization of $243 billion. Current technical...
Bitcoin Technical Analysis: Momentum Slows as Bulls Cool Down Following 4-Week Rally
27.11.2023
The crypto economy has dropped more than 2% on Monday morning as equity futures show U.S. stocks may slip a hair on Monday following a four-week winning streak. Bitcoin has slid 2% over the past 24 hours against the U.S. dollar and it’s dropped 3.4% since the high of $38,437 recorded...
SEC Faces Difficulty in Serving Lawsuit to Richard Heart, Hex and PulseChain Founder – What’s Going On?
27.11.2023
Source: Adobe The United States Securities and Exchange Commission (SEC) is encountering difficulties in serving a lawsuit against Richard Schueler, also known as Richard Heart, the founder of Pulsechain, PulseX, and the controversial project Hex. On July 31st, the SEC filed a lawsuit against Heart...
7-Day Crypto Snapshot: BLUR, APE, KLAY, and MINA Lead This Week’s Market Rallies
26.11.2023
In the last week, bitcoin experienced a modest increase of 2.7% against the U.S. dollar, while ethereum saw a rise of 6.5%. Concurrently, a range of other cryptocurrencies registered significant double-digit advances, notably the non-fungible token (NFT) marketplace Blur’s token BLUR, which...
BRC20 Token ORDI Dips 10% in a Week After a 319% Monthly Surge, Nears Record High
25.11.2023
The price of the BRC20 token ordi (ORDI) slid more than 10% this week against the U.S. dollar after recording substantial gains over the three weeks prior. Despite the recent downturn, ORDI has risen over 300% during the last 30 days and it’s a touch over 25% away from surpassing...
Azuki DAO rebrands to ‘Bean’ as it drops lawsuit against founder
25.11.2023
The DAO previously proposed a lawsuit against Azuki creator Zagabond over a dilutive $39 million NFT minting that took place in June
SEC Scores ‘Huge Victory’ in Binance-DOJ Settlements, Former SEC Official Says
25.11.2023
The U.S. Securities and Exchange Commission’s former head of internet enforcement has detailed why the SEC is a huge winner in the Binance settlements with the U.S. Department of Justice (DOJ), the Treasury, and other federal authorities. He stressed that what Binance has agreed to could...
CFTC Says Access To US Customers Is a “Privilege” In Wake of Binance Case
24.11.2023
Source: Pixabay The US Commodity Futures Trading Commission is showing no signs of letting up in its battle against crypto firms. In a statement published on Tuesday regarding the resolution of the Binance case, CFTC Commissioner Christy Goldsmith Romero declared, “There are no pirate ships in...
CZ’s Lawyers Push Back Against Flight Risk Claims, File Opposing Motion
24.11.2023
Defense attorneys for former Binance CEO, Changpeng Zhao, have legally pushed back against claims made by the government that he is a “flight risk” who should not be allowed to leave the country. Zhao’s incentive to stay In a court filing from November 23rd, representatives for...
New P2E & Staking Project Flies Past $200k in ICO – The Next Market Sensation?
24.11.2023
BlackRock recently met with SEC officials to discuss and clarify details related to their Spot Bitcoin ($BTC) ETF product. Investors must throw off their bearish bias and flip risk-on or get left behind. Institutional flows into crypto are guaranteed, followed by the halving against the backdrop...
Indian government set to introduce rules against deepfake menace
24.11.2023
In talks with stakeholders, Minister Ashwini Vaishnaw aims to finalize the Indian government’s AI deepfake regulations in the coming weeks
Hong Kong to use AI against superbugs and antibiotic overprescription
24.11.2023
The COVID-19 pandemic brought a significant rise in broad-spectrum antibiotic prescriptions, leading to antibiotic resistance development within superbugs
Steven Nerayoff Lawsuits Will Reveal Facts Supporting Claims Against Key Ethereum Figures, Says Attorney
23.11.2023
Nerayoff’s lawyer detailed plans to legally confront certain Ethereum figures regarding its troubled early days. Image by yurii romanov, Vecteezy. In a new chapter of the ETHGate saga, Steven Nerayoff’s attorney, Michael Scotto, said they have ample evidence to back up forthcoming...
Why Binance and CZ Take Down is Good News For BlackRock, Spot Bitcoin ETFs and New $BTCETF Token That’s Raised $1.4m
23.11.2023
Thursday, November 23, 2023 – The settlement of criminal charges against Binance and its CEO Changpeng Zhao (aka CZ) has sent shockwaves through the crypto industry, but the chances of a spot Bitcoin ETF approval have increased, which is good news for new coin Bitcoin ETF Token ($BTCETF). $BTCETF...
Can Ripple (XRP) compete against leading cryptocurrencies in 2024?
23.11.2023
Ripple Labs — a US-based technology company — created Ripplenet to resolve the ineffective payment mechanism. RippleNet was created to give banks a faster, more cost-effective, and simplified option for performing cross-border transactions by facilitating payments using its XRP cryptocurrency...
Ghana’s Central Bank Names Eight Money Transfer Companies Operating Without Its Approval
23.11.2023
The Bank of Ghana recently pointed the finger at eight money transfer organizations which are allegedly operating in Ghana’s remittances and forex market without its approval. The central bank also warned the public and regulated financial institutions against having dealings with the eight...
Congressman Calls for Gensler’s Removal After SEC Sues a Crypto Exchange Twice in 10 Months
23.11.2023
A U.S. lawmaker has urged Congress to pass his bill that would fire U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler. This call followed the securities regulator filing a second lawsuit against crypto exchange Kraken this year after the exchange paid $30 million to settle...