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In a landmark federal case, two men were sentenced for manipulating the price of a cryptocurrency and defrauding investors, marking the first instance where “a jury in a federal criminal trial found that a cryptocurrency was a security and that manipulating cryptocurrency prices was securities fraud,” said the head of the Justice Department’s Criminal Division. … Read more
U.S. Congressman Matt Gaetz has introduced a bill to allow federal income taxes to be paid with bitcoin. Inspired by El Salvador’s success with the cryptocurrency, the lawmaker believes this move will modernize the U.S. tax system, promote innovation, and maintain America’s technological leadership. Lawmaker Proposes Bill to Allow Federal Income Taxes to Be Paid … Read more
Financial authorities in 25 U.S. states have reached a settlement with the cryptocurrency investment platform Abra and its CEO Bill Barhydt for operating without proper licensing. This settlement mandates significant changes in how Abra conducts its operations within these states. Abra Reaches Settlement Over Unlicensed Operations, Agrees to Major Concessions According to a report from … Read more
Joe Biden’s administration has done everything possible to destroy the crypto industry. That gives crypto advocates just one choice in the 2024 election. Go to Source
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler says that the spot ethereum exchange-traded fund (ETF) approval process is “going smoothly.” He stressed that “it’s really about the asset managers making the full disclosure so that those registration statements can go effective.” SEC Chair Gensler on Spot Ethereum ETF Approval U.S. Securities and Exchange … Read more
In a significant display of volatility, the Assangedao cryptocurrency token JUSTICE climbed by over 80% on Tuesday, only to fall by 18% the next day. This fluctuation follows the recent release of Wikileaks founder Julian Assange, igniting renewed interest and speculative trading in the token. JUSTICE Token Sees Wild Fluctuations Following Julian Assange’s Release The … Read more
LayerZero is making waves in the blockchain space, despite recent slowdowns in farming activities. With a Fully Diluted Valuation (FDV) of under $3 billion, LayerZero $ZRO boasts over 10 times the daily cross-chain message traffic compared to its closest competitors, Wormhole and Axelar Network. This significant discrepancy in traction versus valuation highlights LayerZero’s potential, especially … Read more
In the last 24 hours, $ZYN has experienced a remarkable increase in trading activity and price, fueled by significant buying from Smart DEX Traders. The token’s DEX volume has soared to $2.3 million, marking a 312% increase, while its price has jumped by 91.8%, reaching $0.04179. $ZYN – Insider of $NPC has started buying $ZYN … Read more
The much-awaited Blast airdrop is happening today, and the team has released a comprehensive tokenomics report along with key project details. This event marks a significant step for the Blast ecosystem, aiming to distribute tokens broadly within the community while also supporting core contributors and investors. The total supply of Blast tokens is set at … Read more
Arbitrum’s native token, $ARB, has been trading below $1 for the past two weeks, experiencing a significant 33% drop over the last 30 days. Earlier today, two wallets associated with @GSR_io deposited a total of 3.466 million $ARB (approximately $3.92 million) to Binance, depleting their $ARB holdings. 10 hours ago, 2 wallets (belong to @GSR_io) … Read more