The first sale for the DeFi project World Liberty Finance, allegedly associated with former US President Donald Trump and his three sons, is set to launch next week. It will attempt to raise $300 million by selling 20% of the WLFI token supply in the initial token sale, valuing the project at $1.5 billion once…
Dubai’s Virtual Assets Regulatory Authority (VARA) has recently taken decisive enforcement action against seven entities operating within the emirate’s cryptocurrency sector. This move comes as a direct response to breaches of newly established licensing and marketing regulations. Dubai Enforces Crypto Regulations, Fines 7 Firms Dubai’s Virtual Assets Regulatory Authority (VARA) has imposed strict penalties on…
One of the popular cryptocurrency service providers in the world has launched the ‘Binance Traders League.’ This is believed to be the most interesting crypto trading event of 2024 and is focused on enhancing investors’ trading experience through challenges and adequate rewards. Binance is one the largest & popular crypto exchanges with over 230 million…
In a recent announcement, Mt. Gox said that it had received court approval for a delay in its repayment plans, sparking market optimism. Notably, the firm’s compensation has so far weighed on the investors’ sentiment over a potential selloff in the market. This selloff concern has also weighed on the investors’ sentiment, as evidenced by…
The October cryptocurrency market presents opportunities for explosive crypto coin growth. Despite past downturns, several promising coins show potential for significant appreciation, offering the chance to turn a $100 investment into $100K. These cryptocurrencies have positioned themselves for a strong comeback and continue to attract investors eyeing substantial returns. Explosive Crypto Coins to Turn $100…
Ripple, the San Francisco-based blockchain startup has recently launched its crypto custody solution for several banks and fintech players to store digital assets on behalf of their clients. This development comes as the Federal Reserve has been cracking down on several traditional banks offering custodial services to crypto firms. Ripple Crypto Custody and Features Ripple…
Cardano price trends in a crucial zone as the crypto markets struggle to rise against Bitcoin’s sell-off. In the meantime, ETH seized in the PlusToken scam has been transferred to centralized exchanges and is likely to be sold. Considering Cardano (ADA), one of the key Ethereum-killers, will it survive a $1.3 billion sell-off? Why PlusToken’s…
With the expansion of technology, crypto scams are also rising in the crypto industry, creating an urgency for government entities like the FBI to act smarter. In one such attempt, the Federal Bureau of Investigation has played a big mind game, launching a fake crypto token called NexFundAI to expose large-scale crypto crimes. This news…
The crypto market is in the red today after shedding 3.2% of its value. Nevertheless, the entire crypto space is still convinced October will be a green month for crypto assets. As October (Uptober) runs out, there are some altcoins to sell before election month kicks in and uncertainty hits its highest. 3 Altcoins to…
The Chinese government has reportedly moved a total of 7,000 Ethereum coins worth $16.7 million seized from the multi-billion dollar Ponzi scheme PlusToken. This has already put some pressure on the Ethereum price sending it under $2,400 levels with another 2% in the past few hours. Chinese Government to Sell 542,000 ETH? The latest development…