Memecoin ‘mastermind’ Sahil likely made $3M from ‘Celeb meta’ — ZachXBT
Sahil Arora is estimated to have netted around $3 million dollars this year for his efforts in launching memecoins with celebrities.
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Prasos Secures Payment Institution License From Finnish Watchdog
Finland-based cryptocurrency firm Prasos has secured a payment institution license via the Finnish Financial Supervisory Authority (FFSA). The news comes by way of an official announcement via its crypto exchange website on July 12.According to the announcement, Prasos is now the third crypto firm in Europe to secure a payment institution license. According to its website,…
Peak fear? Bitcoin futures leverage gets reset by this week’s wild price swings
The leverage used in the Bitcoin (BTC) futures market has fallen significantly in the past several days. This indicates that traders are generally uncertain about where BTC is heading in the near term.Estimated leverage on Binance. Source: CryptoQuantWhat is leverage and why is this metric crucial for Bitcoin market sentiment?In the Bitcoin futures market, traders…
Circle blew the whistle on Binance reserves to NYDFS: Report
The company's complaint to the New York regulator reportedly came before the SEC's lawsuit against Paxos over BUSD and NYDFS ordering the firm to "cease minting" the stablecoin. 498 Total views 10 Total shares Own this piece of history Collect this article as an NFTNew York State’s Department of Financial Services, or NYDFS, reportedly received…
New tech allows crypto users to mint NFTs with ‘proof of presence’
IoTeX's project uses "verifiable GPS data to mint NFTs that prove you were at a certain place at a certain time," said Larry Pang. 813 Total views 9 Total shares The latest product from IoTeX, a privacy-focused platform for the Internet of Things, reportedly brings the concept of a smartphone’s trusted execution environment with real-world…
FTX US ex-president reportedly seeks $6M funding to launch crypto startup
The ex-president of FTX US, Brett Harrison, is reportedly planning to launch a start-up that would build crypto trading software for big investors. Own this piece of crypto history Collect this article as NFTJust a month after the controversial fall of Sam Bankman-Fried’s FTX exchange and 130 affiliated companies, a former high-ranking executive is reportedly…
LBRY says it ‘will likely be dead’ following SEC loss
LBRY Inc noted that while the company is on its last legs, the underlying protocol and blockchain behind the content platform will carry on. 696 Total views 4 Total shares The firm behind the decentralized content platform LBRY said its days are likely numbered following its recent loss against the United States Securities and Exchange…
Ethereum ETF launch drives $2.2B inflows: CoinShares
CoinShares reports that Spot-based Ether ETFs debut with a significant $2.2B inflow, offset by Grayscale’s $285M net outflows.
Bank of Russia to ban mutual funds from investing in Bitcoin
Mutual funds in Russia will not be allowed to provide crypto exposure to qualified or unqualified investors. 922 Total views 24 Total shares The Russian central bank continues its strict policies regarding the cryptocurrency industry, now officially banning mutual funds from investing in cryptocurrencies like Bitcoin (BTC).On Dec. 13, the Bank of Russia published an…