SEC charges siblings over $60M Ponzi touting a crypto trading bot
The SEC has accused the two brothers of using investor money to fund lavish lifestyles, including the purchase of cars and a multimillion-dollar condominium.
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The limitations of the EU’s new cryptocurrency regulations
The final vote on the European Union’s much-awaited set of crypto rules, known as the Markets in Crypto Assets (MiCA) regulation, was recently deferred to April 2023. It was not the first delay — previously the European lawmakers rescheduled the procedure from November 2022 to February 2023. The setback, however, was caused solely by technical difficulties,…
China’s Blockchain Service Network to launch stablecoin support in 2021
China’s nationwide blockchain project, the Blockchain Service Network, or BSN, will be integrating stablecoin support in 2021.Yifan He, CEO of Red Date Technology, a major tech company involved in the BSN development, told Cointelegraph that the project will soon start integrating stablecoins.Piloted in late 2019, China’s BSN is a state-backed initiative that intends to support…
Dash Core Group to Release Next Update, to Launch Testnet By Yearend
Dash Core Group sets the release of its next update and says the Dash platform will still come out by the end of the year. 1591 Total views 16 Total shares The Dash Core Group plans to release another update for its Dash platforms near the end of August, the company announced. The group recently…
Banks suffer as Elon Musk’s Twitter buyout hits major hurdles
The “hung” loans have led to bankers calling it the worst buyout since 2008.
Ethereum price drops below $3K, but ETH options data reflects optimism
Ether's (ETH) 81% rally over the last three weeks caught professional traders off-guard, and this week's upcoming options expiry reveals that of the $430 million in contracts set to expire, only 7% of the neutral-to-bearish put options will be available if Ether holds above $3,200 on Aug. 13.Ether price in USD at Coinbase. Source: TradingViewCuriously,…
MetaMask scammers take over government websites to target crypto investors
Official government websites from India, Nigeria, Egypt, Colombia, Brazil, Vietnam and other jurisdictions have been found redirecting to fake MetaMask websites. 424 Total views 14 Total shares Crypto scams targeting MetaMask users are using government-owned website URLs to con victims and access their crypto wallet holdings.Ethereum-based crypto wallet MetaMask has been a long-standing target for
Bitcoin Price Hits 13-Month High of $12,200, Liquidating $22M Shorts
A sudden charge to $12,200 causes instant pain for shorters as one analyst described it as a “clear fake-out to take liquidity.” 4740 Total views 14 Total shares Bitcoin (BTC) triggered $24 million of liquidations on BitMEX alone Aug. 17 as a fresh move saw markets reclaim $12,000.Cryptocurrency market daily snapshot, Aug. 17. Source: Coin360BTC…
BNB rallies to $600 and traders call for higher — Does data support this view?
Many traders believe Changpeng Zhao’s release will send BNB price into the $700 to $1,000 range, but does BNB Chain activity support this view?