The American authorities have reportedly arrested Brandon Austin and his father, Eugene “Hugh” Austin, over accusations that they run a massive crypto fraud, embezzling over $10 million from investors. Brandon, who has already pleaded guilty, will hear his sentence on September 6. Conning Investors to Fund a Lavish Lifestyle According to recent coverage, federal agents...Read More
Several traditional media outlets reported recently that Binance, the world’s largest crypto exchange, has or will have to dismiss thousands of employees in the wake of its legal battle with US regulators. The company’s CEO confirmed the layoffs but disagreed with the “FUD” reported numbers of terminated staff members. CNBC, WSJ Reports Citing a person...Read More
Ripple’s XRP has undoubtedly been the hottest story throughout the past few weeks. T he legal battle between the company and the US Securities and Exchange Commission culminated last week when US Judge Analisa Torres ruled that secondary sales of XRP didn’t constitute investment contracts. [embedded content] Expectedly, XRP exploded by over 70% and is...Read More
The landmark decision by Judge Torres in the legal battle between Ripple and the US SEC could positively impact the entire crypto industry, said the former’s CEO, Brad Garlinghouse. He also hopes that the ruling will serve as a wake-up call to US Congress for the upcoming regulations. A Win for Everyone Nearly three years...Read More
The crypto market has recovered a lot of the losses sustained in 2022, with BTC rising by over 80% YTD and many altcoins performing even better. This led to questions and analysis within the community about whether the bear market is over and the industry is preparing for yet another bull cycle. Moreover, the BTC...Read More
The crypto world has seen the rise of several cryptocurrencies, including TRON (TRX) and ApeCoin (APE). However, these projects are currently overshadowed by Tradecurve (TCRV). This new crypto project, whose presale tokens are purchased at an unprecedented rate, showed exceptional growth potential. TRON’s (TRX) Active Addresses Increase Braving market bears, TRON (TRX) has been able...Read More
Choosing the right project can be challenging since many crypto projects are floating around in the coin market. Analysts have found one project they believe has enough potential to bring massive returns to its investors. That project is Uwerx. Read on as we discuss the features of Uwerx and highlight its price predictions alongside Filecoin...Read More
Only a few weeks ago, Bitcoin’s market dominance had finally surpassed 50% after a two-year lull, thanks to a wave of applications for spot Bitcoin exchange-traded funds from leading financial institutions. However, following Ripple’s partial win against the SEC, Bitcoin’s dominance has experienced a setback. A sudden increase in altcoin prices led to a temporary...Read More