Binance and its founder Changpeng Zhao are planning to seek dismissal of the complaint brought against the exchange by the Commodity Futures Trading Commission (CFTC), a Monday court filing suggests. The US commodities regulator alleged in a prior filing to the Illinois District Court that the exchange violated various elements of the Commodity Exchange Act […]
Tag: STO
Fidelity is bullish on Ethereum for the long term
Fidelity likes Ethereum as burn rate now exceeds issuance. ETH continues to be the largest holding in investors’ portfolios. Ether is currently up more than 50% versus the start of the year. Ethereum is already up more than 50% for the year at writing but Fidelity Digital Assets still remains bullish on the premier altcoin […]
Crypto investment products saw minor outflows of $6.5M last week – CoinShares
About $6.5 million flowed out of funds tracking different cryptocurrencies last week. Bitcoin recorded $13 million in outflows, while Ethereum benefited from XRP-driven sentiment to record $6.6 million in inflows. The minor outflows follow 4 consecutive weeks of inflows. CoinShares’ latest report on digital assets investment products suggests the industry saw minor outflows of $6.5 […]
Real Estate Investing Trends in the Metaverse
The metaverse, a virtual shared area in which users engage with digital goods and experiences, has emerged as a game-changing concept with far-reaching ramifications for a variety of businesses. Real estate investing is one of these businesses undergoing a paradigm shift as the metaverse brings new opportunities and difficulties. In this article, we look at […]
Weekend Movers: Filecoin (FIL) and Dogecoin (DOGE)
Bitcoin rose in early Monday morning and tried to reclaim the $30,000 support level, only to briefly fall under $29,000. In tandem with BTC, altcoins also plunged before seeing a bounce while still remaining in red. This comes after the volatile last week, during which the largest cryptocurrency traded in the $29,500 and $30,400 range. […]
Beyond the Hype: Evaluating the Long-Term Viability of Crypto Sponsorships
In recent years, cryptocurrency has grown in popularity, with numerous businesses investigating the potential of blockchain technology and digital assets. Crypto sponsorships, in which firms utilize bitcoins to support events, sports teams, and influencers, have sparked considerable interest. While the initial buzz surrounding these collaborations is clear, financial services professionals are looking beyond the hoopla […]
How to Buy Crypto with Google Pay or Apple Pay
As the world of cryptocurrencies continues to grow in popularity, more people are looking for easy and secure ways to invest in digital assets. For individuals who are familiar with mobile payment networks such as Google Pay and Apple Pay, the notion of using these services to purchase cryptocurrency is an appealing alternative. In this […]
Worldcoin Unveils Mainnet, WLD Token Surges 68% on Trading Debut
Worldcoin, the divisive digital identity project backed by Open AI CEO Sam Altman, has today launched its mainnet, a statement shared by its co-founders via the project’s Twitter account confirmed. Worldcoin launched unofficially in March along with a waitlist for its Worldcoin software development kit (SDK) before releasing a gas-free crypto wallet, World App, for […]
Celsius reaches key settlements in bankruptcy proceedings
Celsius could return customer assets by the end of the year after parties resollved two key bankruptcy issues. CEL price rose more than 12% to $0.18 before paring gains. The price of Celsius Network token CEL was up by more than 12% on Saturday afternoon to rank among the top gainers on the day as […]
2016 Bitfinex Hack: Couple Charged over $4.5B in Stolen BTC Strikes Plea Deal
American rapper, Heather ‘Razzlekhan’ Morgan, and her husband, Ilya Lichtenstein, have entered into a plea agreement with US prosecutors, according to a court document seen by Reuters. The couple was first arrested in February 2022 for allegedly laundering cryptocurrency worth $4.5 billion stolen via a hack of the digital asset platform, Bitfinex, in 2016. US […]
