Polkadot’s new proposal to slash unstaking time to 2 days
Polkadot’s new RFC-0092 proposal aims to reduce the unstaking period from 28 days to just two days, enhancing user experience and maintaining network security. Go to Source
Crypto
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Report: Bitcoin Market Lacks Upward Momentum Amid Weak Demand
Bitcoin continues to trade near a crucial price level, with the downside appearing limited but a lack of bullish momentum evident. The leading cryptocurrency stands around the $65,000 to $66,000 mark, a critical onchain realized price that could either support the price or signal a correction, according to the latest analysis from Cryptoquant researchers. Cryptoquant: … Read more
Ethereum Surges Over 4% As SEC Closes Investigation Into Ethereum 2.0
Ethereum has risen by over 4% today, reclaiming the $3,500 mark, following significant news from the SEC. According to on-chain reports, after @Consensys announced on X (formerly Twitter) that the SEC had closed its investigation into Ethereum 2.0, a whale purchased an additional 5,603 $ETH, valued at $19.6 million. This whale has been actively accumulating … Read more
Blockchain Sleuth Reveals TrumpCoin DJT Deployer As Martin Shkreli, Insiders Cash Out Big
Blockchain investigator ZachXBT recently unveiled that the creator of TrumpCoin (DJT) is none other than Martin Shkreli, the infamous financier who was sentenced to over six years in prison for securities fraud and conspiracy. The revelation came after Arkham announced a $150,000 bounty for identifying the DJT creator. ZachXBT tweeted the following timeline of events: … Read more
Australian Regulator Appeals Court Decision Exempting Block Earner From Penalty
Australian Securities and Investments Commission (ASIC) stated on Tuesday that it had appealed the federal court’s decision to relieve Web3 Ventures Pty Ltd., trading as Block Earner, from liability to pay a penalty for offering unlicensed financial services through its crypto-related Earner product. On June 4, the court found Block Earner’s contraventions serious but exempted … Read more
Philippine SEC Warns Against Skyline Crypto and Dry Goods Trading Investments
The Securities and Exchange Commission of the Philippines issued an advisory on Wednesday to inform the public that Skyline Crypto and Dry Goods Trading is not authorized to solicit investments from the public. The company has been offering investment opportunities online, promising returns of 35% in 15 days and rewards like smartphones and vehicles. Skyline … Read more
Meta loses bid to wriggle out of billionaire’s crypto scam ad lawsuit
Meta cited a section of a 1996 federal law in an attempt to escape a crypto ad lawsuit from Australian billionaire Andrew Forrest, but a U.S. federal judge said it wasn’t enough. Go to Source
Unlicensed Crypto Business Leads to Indictments in Utah
Two Utah residents have been indicted for operating an unlicensed money-transmitting business, converting over $2.5 million into cryptocurrency, according to the U.S. Department of Justice (DOJ). The two were arrested over the weekend in Washington County. Utah Men Arrested for Illegal Cryptocurrency Transactions The U.S. Department of Justice and the U.S. Attorney’s Office for the … Read more
Bank of America: Younger Wealthy Investors Prefer Crypto Over Traditional Investments
Bank of America report shows younger affluent individuals favor crypto and alternative investments, differing from older generations’ traditional focus. “In fact, the most ‘conservative’ group is holding the highest average exposure to crypto,” the bank said. ‘Younger Groups Hold More Crypto and More Alternative Investments’ Bank of America released a report titled “2024 Bank of … Read more
Unique Residential Bitcoin Mining House in Dallas Listed for $2.4M
According to a house listing from Dallas, Texas, a crypto mining house is for sale in a residential neighborhood. The brick home is equipped with all the necessary supplies to start a data center, including a fully integrated liquid immersion system. High-Tech Crypto Mining Home for Sale in Dallas Neighborhood A newly listed home on … Read more