SEC files final response in Ripple XRP case
The SEC argues that Ripple’s claims do not negate the need for injunctions to prevent future violations. Go to Source
Month: May 2024
Ethena Makes Strides Toward $1 Amid Whale Activity And Market Resurgence
Ethena, the emerging cryptocurrency, is making strides towards reclaiming the $1 trading mark, experiencing a notable 13% gain today and currently trading at $0.89. This upward movement comes amidst intriguing developments involving whale activity and strategic maneuvers within the market. According to on-chain reports, a significant whale, identified as 0x5ab, has made a noteworthy withdrawal … Read more
Bitcoin Hits $65.4k Amidst Whale Activity and Dormant Wallet Movement
Today marks another milestone for Bitcoin as its price surges to a high of $65.4k, according to data from CoinMarketCap. Behind this upward momentum lies intriguing insights into whale behavior and a surprising movement from a long-dormant wallet. Whales, those holding substantial amounts of Bitcoin, have been actively accumulating during market dips, as indicated by … Read more
$FRIEND Token Skyrockets 70% Since Launch As Traders Capitalize On Early Opportunities
The crypto market is buzzing with excitement as $FRIEND, a newly launched token, experiences a staggering 70% surge in just two days since its inception. Early adopters and traders are seizing the opportunity to capitalize on the token’s rapid ascent, with notable figures making significant moves within the $FRIEND ecosystem. $FRIEND surged by 70% in … Read more
Ethereum Hits $3000 Mark As Whale Takes Profit Amidst Market Surge
Over the weekend, Ethereum, the second-largest cryptocurrency, surged past the $3000 mark, reaching a peak of $3220 today. However, amidst this bullish momentum, an interesting development unfolds as a whale takes advantage of the price surge to secure profits. The whale in question, who purchased Ethereum a year ago, has decided to capitalize on the … Read more
Australian Tax Office Seeks Personal, Transaction Details from 1.2 Million Cryptocurrency Users
The Australian Tax Office reportedly has requested that cryptocurrency exchanges share both personal and transaction details of as many as 1.2 million cryptocurrency users. The revenue collector recognized that some users are fulfilling their tax obligations unknowingly, but maintained that others are intentionally avoiding payment. Australian Tax Office Targets 1.2 Million Cryptocurrency Users The Australian … Read more
US Sanctions Lockbit Leader in Ransomware Crackdown
On May 7, the U.S. announced sanctions against Dmitry Yuryevich Khoroshev, a key figure in the Lockbit ransomware group. The U.S., alongside international allies including the UK and Australia, has taken coordinated measures to curb the activities of this prominent cybercriminal group. Khoroshev, responsible for developing and deploying Lockbit ransomware, is now facing an indictment … Read more
Traders rush to short Ether as Grayscale pulls its futures ETF plan
Just a 3% rebound in Ether’s price would wipe $345 million in short positions amid Grayscale withdrawing its Ether futures ETF application. Go to Source
Bitcoin Lightning Network Infrastructure Provider Mash Is Shutting Down Its Current Version
In a recent announcement, Mash, a provider of Bitcoin Lightning Network infrastructure, has decided to shut down its current version. This comes nearly two years after Mash successfully closed a $6 million seed round in June 2022 to build out its usage-based revenue model for content creators. All products and services will cease to function … Read more
Nigerian SEC to ‘Delist’ Local Currency From P2P Crypto Trading Platforms
The Director General of Nigeria’s Securities Regulator has announced plans to delist the local currency from peer-to-peer cryptocurrency trading platforms in the coming days. He insisted that the decision to delist the naira aims to eliminate the manipulation of the local currency by P2P cryptocurrency traders. P2P Crypto Transactions Ban The Nigerian Securities and Exchange … Read more