Crypto trader turns $27 into $52M with savvy Pepe token investment

The United States Federal Trade Commission (FTC) has settled charges it filed in 2018 against an alleged crypto pyramid scheme involving four individuals.Terms of settlementAccording to an official statement on Aug. 22, the regulator permanently banned the defendants from multi-level marketing and misrepresenting investment opportunities and charged a total of over $500,000 as part of…

The three largest stablecoins represent a combined capitalization of $60 billion. 3064 Total views 20 Total shares Research from on-chain analytics provider Glassnode has revealed that the top three stablecoins represent more than 90% of the sector’s entire market cap.Glassnode’s April 13 “Week On-chain” report found that the top three stablecoins — Tether (USDT), USD…

Ethereum users rushing to purchase rare three- and four-digit names have been driving NFT market sales activity. 182 Total views 14 Total shares Since Ethereum Name Service, or ENS, released 10,000 four-digit .eth domains ranging from 0000 to 9999, the nonfungible token collection has caused a stir among NFT investors, speculators and enthusiasts alike. After…

The Sacramento Kings NBA basketball team has partnered with CryptoKaiju to launch crypto-collectibles.In a press release on Oct. 16, the Sacramento Kings announced a new collaboration with the creator of Ethereum-based Kaiju toys, CryptoKaiju. The companies will give away 100 limited-edition Kaiju collectible toys throughout the 2019–2020 basketball season.Each collectible is backed by a non-fungible…

Avalanche Foundation director Emin Gün Sirer says that subnets may be the next big thing in blockchain technology. 410 Total views 9 Total shares Blockchain network Avalanche announced the launch of Avalanche Multiverse, an incentive program that will accelerate the adoption of subnets that are app-specific blockchain ecosystems.According to the director of Avalanche Foundation, Emin…

The SEC alleges Kraken is operating an unregistered securities exchange.

United States authorities have brought charges against three people for wire fraud conspiracy and wire fraud in connection with a scheme to commit insider trading using crypto, one of whom was a former product manager at Coinbase Global.In a Thursday announcement, the U.S. Attorney’s Office for the Southern District of New York, in conjunction with the…

Visa has filed a patent application to create digital currency — potentially using Ethereum as the blockchain. 3003 Total views 46 Total shares Visa has filed an application to create digital currency on a blockchain with the U.S. Patent and Trademark Office.According to the application published May 14 — but filed way back in November…

Some of the biggest names in Facebook’s embattled Libra Association have joined a rival stablecoin project, which touts its mission as the promotion of financial inclusion using the blockchain.Dubbed the “Celo Alliance for Prosperity,” the project was unveiled on March 11, with key Libra backers Coinbase Ventures, Andreessen Horowitz, Anchorage Mercy Corps and Bison Trails…