In a two-year-old gaming app fraud case, the top Indian financial crime investigating agency has frozen 85.9 bitcoins, equivalent to $1.6 million, held in an account on Binance. Separately, it also froze WRX, the native coin of WazirX, and USDT together, worth nearly $550,000. Earlier this month, the agency raided several premises in Kolkata in...Read More
The United States Securities and Exchange Commission (SEC) has accused two companies, their executives, and a supposed international gold trader, of running a fraudulent scheme to boost demand for their digital token. The false promotion of the token netted proceeds of over $36 million for the defendants, the agency said. A Fake $10 Billion Gold...Read More
While institutional traders are not prevalent in Sub-Saharan Africa, the region is known to have the highest number of small retail transactions globally. Part of the driving force for cryptocurrency adoption there is fiat currency devaluation, high unemployment rate, and economic instability. Crypto P2P Thriving in Africa Despite Regulatory Problems According to a report by...Read More
The fluctuating price behavior of Bitcoin (BTC) continues to play havoc with traders’ and investors’ sentiments. Traders are still making predictions about what Bitcoin (BTC) will do in the upcoming month of October. According to a well-known crypto analyst, the fourth quarter of the year may see rallies in the cryptocurrency markets. The host of...Read More
Ethereum pulled off a stunning technical upgrade that saw the popular blockchain transition to the proof-of-stake consensus model for processing transactions after six years of work. However, post-merge activity on layer-2 has dropped. According to the latest stats by Dapp Radar, the already descending unique active wallets and transactions have further dropped by 35% from...Read More
Change is in the air as the crypto space continues to see top executives step down from their roles amid the market crisis that stemmed from the Terra Luna fiasco and the Federal Reserve’s continuous interest rate hike, which negatively impacted the global financial market. The change in crypto-related executive leadership started with Twitter co-founder...Read More
[PR – Singapore, Singapore, 28th September, 2022, Chainwire] $INR is live on Huobi, after successful VC rounds and several strategic partnership announcements. Trading officially opened at 13:00 UTC today, September 28th and the project saw its token trending up from $0.22 to $0.44 within the first few hours. The listing is an important milestone for...Read More
The Department of Justice (DOJ) is objecting to a motion by troubled cryptocurrency lender Celsius, seeking to reopen withdrawals for selected customers. Since Celsius halted withdrawals in June, the company has filed for Chapter 11 bankruptcy, while the CEO recently resigned from his position. A United States Trustee for the DOJ, William Harrington, on Friday...Read More
The price of bitcoin (BTC) has been moving sideways for the second week in a row due to the persistence of two bearish caps and the lack of new lows being made by the price action itself. Is now the ideal moment to accumulate Bitcoin, nevertheless, given all the price drops? The historically ideal times...Read More
[PRESS RELEASE – Please Read Disclaimer] Meta Description: NFT, ICO, Initial Coin Offering, Crypto, Web3, Crypto Investment, Crypto Real Estate GBR, a blockchain-based ecosystem with a focus on the real estate, gas, and oil industries, officially launched its Initial Coin Offering (ICO) just a few days ago. Through the project’s official website, early investors are...Read More
Even if Bitcoin ended September with a loss, previous good rallies in October may encourage bulls. Only twice since 2013 has BTC ended the month of October in the negative, according to data from coinglass: in 2014 and 2018. This makes a recovery in October more likely. Since last week, the price of BTC has...Read More
California’s regulator has targeted 11 crypto-related entities which allegedly violated the state’s securities laws. The watchdog also claimed that their business model was in the manner of a Ponzi or pyramid scheme. The Department of Financial Protection and Innovation (DFPI), in an announcement on Tuesday, stated that while all the accused companies offered unregistered securities...Read More
