The United States government has increased the reward offered for information on OneCoin co-founder Ruja Ignatova’s whereabouts to $5 million. According to an official release from the U.S. Department of State spokesperson in conjunction with the U.S. Embassy in Bulgaria, anyone who brings information leading to the arrest or conviction of Ignatova, popularly known as...Read More
Marathon Digital Holdings, a global crypto-focused platform, announced that its mining operations for Kaspa have yielded approximately $15 million worth of KAS since they commenced last September. The company states that the decision to mine Kaspa was part of its strategy to diversify its mining operations. Marathon Mining Kapsa In the statement released on Wednesday,...Read More
[PRESS RELEASE – Dubai, UAE, June 30th, 2024] Sonic, the first atomic SVM chain enabling sovereign game economies on Solana, hit a significant milestone with its recently launched incentivized testnet “Odyssey,” reaching 100,000 connected wallets and over 17 million transactions in the buildup to a mainnet launch. Backed by Cypher Capital, a multi-strategy crypto investment...Read More
[PRESS RELEASE – Dubai, UAE, June 30th, 2024] PinEye launches an innovative platform that combines gaming entertainment with community-driven engagement and fosters a sense of belonging. By leveraging cryptocurrency rewards, it offers its users a unique opportunity for financial empowerment. It will develop in phases to arrive at its final goal of creating the biggest...Read More
Cryptoslam data indicates that the initially strong NFT market is now recording a downward momentum, having declined in critical metrics, including sales volumes, unique sellers, and buyers. The ongoing rough patch in Bitcoin markets has been blamed for the decline in NFT volume. NFT Volumes Downward Momentum According to data from Cryptoslam, the NFT market...Read More
Two men have been sentenced for manipulating the price of Hydrogen Technology’s cryptocurrency, HYDRO, and scheming to defraud investors. This case marks the first time a jury in a federal criminal trial has classified a cryptocurrency as a security and found that price manipulation of cryptocurrency constitutes securities fraud. $300M HYDRO Crypto Fraud Scheme Court...Read More
Losses from hacks and rug pulls in 2024 year-to-date amount to over $473 million across 108 incidents, according to Immunefi’s latest data. This marks a 20% decrease compared to the same period in 2023, which saw losses of more than $595 million. In May 2024, victims of hacks and fraud lost $52.4 million across 21...Read More
The first half of 2024 has ended, and on-chain experts have compiled data to determine the profitable sectors so far in the year. According to coverage from independent crypto reporter Colin Wu, memecoins became the most profitable sector in H1 2024, followed by Real World Assets (RWA) and Artificial Intelligence (AI). Memecoins Emerges as Most...Read More
Analysts at market intelligence platform CryptoQuant have outlined on-chain metrics that could signal that the bitcoin (BTC) price has bottomed and cryptocurrencies are beginning to rally again. The latest weekly CryptoQuant report mentioned signals like higher bullish momentum, rising BTC demand, and faster stablecoin liquidity growth as the metrics to watch. Higher Bullish Momentum CryptoQuant’s...Read More
[PRESS RELEASE – Dubai, United Arab Emirates, June 28th, 2024] Staying ahead in the ever-changing world of forex trading means utilizing innovative solutions that give traders the option to outsmart the market. The Dubai-based fintech startup Avenix Fzco has released Botogon, an innovative automated trading system, which is going to revolutionize the way forex traders...Read More
[PRESS RELEASE – Dubai, United Arab Emirates, June 28th, 2024] Rushpips, a forex robot that Avenix Fzco has released, is set to reshape the borders of what is possible in the world of forex trading. With its engineering for the widely-used MetaTrader 4 platform, Rushpips exemplifies of what forex automated systems have to offer. It...Read More
[PRESS RELEASE – Dubai, United Arab Emirates, June 28th, 2024] Avenix Fzco, a fintech company based in Dubai, UAE, has recently unveiled its forex robot software, Fexobot. This advanced Expert Advisor is set to revolutionize gold trading on the MetaTrader 4 platform, specifically designed for the H4 timeframe. From 2016 until the present, Fexobot has...Read More
