Crypto
As XRP’s price retracts to a notable $0.5158, the crypto community is abuzz with speculation. Is this merely a healthy correction paving the way for a subsequent uptrend, or are there other market dynamics at play? Delving into XRP’s recent performance and underlying factors, we aim to provide a comprehensive price prediction…
The development team behind the gaming project FinSoul has been accused of carrying out a massive exit scam, defrauding investors of $1.6 million through market manipulation. According to a recent report from blockchain security platform CertiK, the FinSoul team allegedly employed paid actors to pose as executives and raised funds under the pretense of…
As Bitcoin continues its impressive trajectory, bulls are ardently pushing the cryptocurrency ever closer to the significant $30,000 resistance mark. Currently, Bitcoin stands at a commendable price of $29,615, marking a nearly 1.5% increase on Saturday alone. However, as enthusiasm mounts, critics raise alarms about potential vulnerabilities, drawing parallels with historic precious…
The decentralized derivatives exchange SynFutures has announced the closure of a Series B funding round that raked in $22 million.The round was led by Pantera Capital, a significant player in the crypto investment space, and saw participation from SIG DT Investments, a subsidiary of the Susquehanna International Group (SIG DTI),…
The leading decentralized exchange (DEX) Uniswap recorded an all-time high trading volume of over $100 billion in October. This milestone is part of a larger trend that sees the platform not just sustaining growth but also surpassing established centralized exchanges like Coinbase. The data also highlights Uniswap’s major market share within…
The action-packed third week of Sam Bankman-Fried’s historic fraud trial concluded Thursday afternoon in Manhattan federal court. Here’s what you missed.The prosecution’s new star witness?The prosecution started with a bang as Nishad Singh delivered a powerful testimony against the now-disgraced FTX founder.Singh testified that customer deposits into FTX were “spent…
Optimism that the SEC will soon approve a spot Bitcoin ETF is growing and this is sending Bitcoin (BTC) and the broader crypto market higher on Friday.Bitcoin was last trading in the mid-$29,000s, up over 3% in the last 24 hours and up nearly 11% in the last seven days,…
The Federal Bureau of Investigation (FBI) filed charges on Wednesday against six individuals for allegedly running an unlicensed money-transmitting business involving $30 million in cryptocurrencies. The information came to light through court documents filed in the Southern District of New York. The accused are charged with converting bitcoin and other digital…
The SEC made a surprising decision on Thursday to pull back on its legal action against Ripple, affecting both CEO Brad Garlinghouse and co-founder Chris Larsen. This marks the third win in a row for Ripple in its legal battles.This news coincided with a more than 7% rise in the…
Data analyst Pledditor has revealed that three moderators linked to Reddit’s cryptocurrency forum sold over 100,000 MOON tokens before its Community Point program shut down.According to Reddit’s announcement on October 17, the platform disclosed its plans to discontinue its long-running blockchain-based rewards service ‘Community Points’ by November 8. These Community Points…