SEC charges fund adviser Galois Capital for FTX crypto custody
The fund allegedly lost about half of its assets following FTX’s collapse.
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Can IEO Cryptos Recover After MATIC’s Mysterious 70% Plunge?
One of Binance’s initial exchange offering (IEO) tokens, Matic Network (MATIC), dropped almost 70% on Dec. 10. Meanwhile, other IEOs such as Celer Network (CELR) and Harmony (ONE) also followed suit. Based on the Ichimoku Cloud, MATIC’s trend now sits in jeopardy as CELR and ONE seem to have lost whatever momentum they were gathering for…
Bitcoin hits $30.2K August high amid warning longs ‘chasing’ BTC price
Bitcoin (BTC) consolidated at a key flip zone on Aug. 9 as BTC price strength staged a sudden return.BTC/USD 1-hour chart. Source: TradingViewBTC price toys with $29,700 "party" levelData from Cointelegraph Markets Pro and TradingView showed BTC/USD trading near $29,800 after a surge during the previous day’s Wall Street trading hours.That followed a recovery from…
Survey of financial advisers and Grayscale comments suggest strong support for spot crypto ETF
“The vast majority of advisors we surveyed either plan to begin allocating to crypto or increase their existing allocation to crypto,” said Nasdaq's Jake Rapaport. 414 Total views 7 Total shares While the United States Securities and Exchange Commission (SEC) has yet to approve a spot Bitcoin exchange-traded fund, a recent Nasdaq survey suggested that…
12 ways ecosystem projects can attract more developers
The ecosystem concept is unique to (and uniquely suited to) the crypto industry. These synergistic communities offer a network where participants can benefit from each other’s work and progress while building an ever-stronger foundation. A recent study found there were more than 18,000 active Web3 developers and pinpointed the ecosystems having the most success attracting…
Kazakh crypto miners plead with President to cut energy prices
Eight major cryptocurrency mining operators signed an open letter to the President of Kazakhstan, Kassym-Jomart Tokayev. In Kazakhstan, the world’s third-largest market in terms of Bitcoin mining hash rate, the local crypto-mining operators are complaining about the high energy prices to the national leader. According to the local media, eight major cryptocurrency mining operators signed an
BONK falls 7% despite BURNmas taking $51M in tokens out of circulation
The Bonk team initially promised to execute the burn on Christmas Day, but didn’t get around to it until a day later on Dec. 26.
Tron’s Justin Sun to Reschedule Warren Buffett Lunch ‘Very Soon’
Tron founder and CEO, Justin Sun, says he’ll reschedule his charity lunch with Berkshire Hathaway chairman and billionaire Warren Buffett “very soon.” The CEO announced the news during a live stream on Tuesday, Sept. 24.An open invitation to the leader of the free worldAs reported, Sun had won a charity auction on eBay in June to…
Cyprus freezes crypto applications ahead of EU-wide MiCA transition
The CySEC has warned crypto asset service providers of coming changes as the continent braces for MiCA.