NFT data firm Mnemonic has secured a $6 million seed extension round led by Salesforce Ventures. Other participants of the fundraiser include Polygon Ventures, Orange DAO, FIN Capital, and FJ Labs. The latest capital infusion will be deployed to accelerate the product roadmap of Mnemonic amid rising demand for deeper on-chain insights by expanding the...Read More
After being sued for operating illegally in February 2023, CoinEx, a Hong Kong-based cryptocurrency exchange, has reached an agreement with the office of the New York Attorney General, which includes a payment of over $1.7 million and a ban from offering its services in New York. The recovered funds will go into penalties and refunds...Read More
Cryptocurrency expert Nicholas Merton of Data Dash offered a sobering perspective on the current state of the crypto market in a recent video. He addressed the question on every crypto investor’s mind – when will it be time to buy Bitcoin and other altcoins? Liquidity: The Fundamental Driver of Price Action Merton’s theory hinges on...Read More
Lux Vending – doing business as Bitcoin Depot – has reportedly filed a lawsuit against the sheriff’s office of McLennan County, Texas, accusing it of unlawfully seizing $15,000 from a BTC automated teller machine (ATM). The authorities confiscated the amount to compensate an elderly victim who had become a victim of a cryptocurrency scam. Bitcoin...Read More
The Texas State Securities Board filed an emergency cease and desist order against crypto trading platform Abra and its Chief Executive Officer Bill Barhydt. The watchdog claimed that the company misled its customers and committed securities fraud by offering some of its products, such as Abra Earn. The regulator added that the firm has been...Read More
In the fast-paced world of cryptocurrencies, a remarkable opportunity is emerging for Altcoins. Bitcoin, the undisputed leader of the crypto market, is showing signs of a breakthrough. If successful, the breakout could have a domino effect, leading to a substantial recovery for Altcoins and presenting traders and investors with the potential for impressive gains ranging...Read More
One of the most popular on-chain crypto sleuths, going by the Twitter handle ZachXBT, said he was being sued for an article he posted last year. The researcher said he is not wealthy, unlike the person suing him, and needs the community’s support for his defense. That support has been quite impressive so far. ZachXBT...Read More
The global crypto market cap surges above $1.06 trillion as the assets mark a decent recovery since the last trading day. Bitcoin price made an effort to rise above $26,500 that inducing bullish momentum within the crypto space. However, Chainlink continues to trade under beamish influence despite the technicals having turned in bullish favor. The...Read More
