Alabama Man Affected Bitcoin by Hacking an SEC Account
An Alabama citizen, 25, is accused of breaking into the SEC’s X account on January 9 and using that information to steal identities. The fraudulent declaration of the approval of Bitcoin ETFs was one of the illegal actions that caused a sharp spike in the price of Bitcoin. How Did
Donald Trump Adopts Cryptocurrency and Modifies His Position on Bitcoin
Donald Trump’s shift in attitude towards Bitcoin is noteworthy. Previously labeling Bitcoin as a “fraud” due to its volatility and perceived threat to the U.S. dollar, Trump has taken a surprising turn by adopting a crypto-friendly stance in his 2024 presidential campaign. Recently, he described Bitcoin as “an extraordinary technology”
Trump’s Token Project Is Having Trouble Drawing in Customers
Donald Trump’s token initiative, led by his family-owned World Liberty Financial, began with a disappointing performance, reaching merely 4% of its ambitious $300 million sales target on opening day. Compounding the issue, the project’s website crashed under significant user traffic, hindering potential investors from accessing the platform. Why Did WLFI Experience Low
Memecoin’s Degen Kamala will soar 19,000% Before Its First Exchange Listing, But SHIB and BONK Will Fall Behind
Like Shiba Inu (SHIB) and Dogecoin (DOGE), Degen Kamala has the potential to make early investors multimillionaires. The price of the just released Degen Kamala (DEGKAMA), a new Solana memecoin, is expected to skyrocket by more than 19,000% in the next few days. This is due to reports indicating that
In response to the SEC lawsuit, Ripple Labs acts
Stuart Alderoty, the Chief Legal Officer of Ripple Labs, has outlined the forthcoming actions in the company’s ongoing legal dispute with the U.S. Securities and Exchange Commission (SEC). This case, which centers around the classification of XRP as a security, raises crucial questions about Ripple’s compliance with U.S. regulations concerning token sales. What are the next
Listing DEGEN on Coinbase Sets Off a 20% Rally; What’s Next for This Meme Coin?
Coinbase, a leading cryptocurrency exchange, has announced the listing of DEGEN on its Base network, resulting in a brief but significant 20% rally in the token’s price. On October 15, 2024, Coinbase added DEGEN (DEGEN) to its Base network, creating a surge of excitement among investors. The listing announcement led to a
Experts Explained Why They Thought “MicroStrategy May Start the Rally in Bitcoin”
Microstrategy, the biggest institutional bull, has been buying BTC at regular intervals since adopting a Bitcoin-centric strategy. Bullish Sentiment Strengthens in MicroStrategy and Bitcoin! While the company is drawing attention with its Bitcoin strategy, MicroStrategy’s bold bet on Bitcoin is paying off big, as experts noted that MSTR stock has
Trump Cryptocurrency Project Official Statement: They’ll Utilise This Altcoin Network!
A new official statement has come from US presidential candidate Donald Trump’s own cryptocurrency project, World Liberty Financial. Donald Trump-backed World Liberty Financial (WLFI) has confirmed that it has submitted a management bid to Aave, indicating its preference for DeFi protocol Aave, and that it will be built on the
Thai SEC Allows Crypto Investment in Mutual & Private Funds
Thailand Securities and Exchange Commission (SEC) has proposed new regulations for mutual and private funds to invest in cryptocurrency. The regulations aim to enhance investor growth and promote the digital economy. Further, these regulations emphasize risk management and transparency as cryptocurrency seeps into Thailand’s financial system. On Wednesday, a draft proposal of
Details of the Cryptofraud Cases of Gotbit, ZMQuant, CLS Global, and My Trade: What We Know Thus Far
The Gotbit, ZMQuant, CLS GLOBAL, and My Trade cases are gradually evolving into some of the most advanced enforcement actions by US authorities, as information on the FBI’s creation of “NexFundAI” tokens to help identify these scammers becomes public. On October 9, the Department of Justice (DOJ), the Securities and
