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Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we examine the possibility of Venezuela growing to become the top cryptocurrency market in Latam and the key elements that are holding it back from realizing its potential. Latam Insights Encore: Venezuela … Read more
Texas regulators have issued an emergency cease-and-desist order against two individuals accused of promoting a fraudulent cryptocurrency investment scheme. The alleged scheme, tied to Trage Technologies, promised high returns on digital asset arbitrage trading but is accused of misleading investors. Authorities claim the company falsely asserted SEC registration and used illegal multilevel marketing tactics, posing … Read more
Justin Sun recently acquired 3.62 million $EIGEN tokens from EigenLayer’s unlocked supply, valued at $14.1 million, and swiftly deposited them into Binance at an average price of approximately $3.89. Since EigenLayer’s listing on October 1, Sun, through his handle @justinsuntron, has accumulated a total of 8.86 million $EIGEN tokens, amounting to $35.61 million, at an … Read more
Real World Asset (RWA) protocols have seen significant growth within the decentralized finance (DeFi) ecosystem, now accounting for 3.69% of the total value locked (TVL), up from 1.77% in July. This upward trend highlights the increasing integration of real-world assets into DeFi, as these protocols provide opportunities to tokenize physical assets, bridging traditional finance with … Read more
The Federal Bureau of Investigation (FBI) is urging potential victims of cryptocurrency fraud to come forward as it investigates market manipulation involving several cryptocurrency companies. Accusations include “wash-trading” and artificially inflating trading volumes to deceive investors. FBI Seeks Victims in Major Cryptocurrency Fraud Investigation The Federal Bureau of Investigation (FBI)’s Boston Division is calling on … Read more
The U.S. Securities and Exchange Commission (SEC) has charged Cumberland DRW LLC, a Chicago-based firm, for operating as an unregistered dealer in over $2 billion of crypto assets classified as securities. The SEC claims that Cumberland violated federal securities laws by failing to register, raising concerns over investor protection. The charges seek injunctive relief and … Read more
The recent 50 basis-point interest rate cut by the US Federal Reserve has had a mixed impact on crypto markets. Go to Source
Experts are having trouble explaining why trading is slumping at the same time that Bitcoin prices rise. Are geopolitical tensions to blame. Go to Source
Crypto ownership among retail investors continues to increase despite market setbacks over the past four years. Go to Source
In the past 24 hours, $BRUME has seen a massive surge in popularity, recording the largest inflow of funds and securing the #4 spot among tokens accumulated by Smart Money investors. Both Smart Money and Smart Dex Traders have significantly boosted their holdings of this promising token, signaling confidence in its future. 🤔Will $BRUME Be … Read more