The US Securities and Exchange Commission (SEC) recently charged and settled with hedge fund Galois Capital Management LLC over a private fund that was primarily investing in cryptocurrencies. The charges were related to Galois Capital’s alleged failure to comply with client asset safeguarding requirements, particularly with regards to crypto assets that were considered securities by
Art
Samuel Edyme, also known as HIM-buktu, is not your average web3 content writer. His path into the world of cryptocurrency was not paved with success stories, but rather with a painful lesson from a Ponzi scheme. Despite falling victim to a scam early on, Edyme did not give up. Instead, he used this setback as
Cardano recently underwent the highly anticipated Chang upgrade on its Layer-1 blockchain. This update brought significant changes to the platform, including on-chain voting, Delegate Representatives, improved smart contract capabilities, and a new governance structure with cost model enhancements. Despite these advancements, Cardano (ADA) has seen a decrease in price, triggering concerns among investors. At the
Bitcoin, the leading cryptocurrency, experienced a significant drop in value from $59,076 to $57,127 during the early Asian trading session, highlighting its vulnerability to external factors. One of the looming threats is the US recession, which has instilled palpable tension in financial markets. This is particularly crucial for Bitcoin, as it has yet to undergo
Arthur Hayes, the co-founder and former CEO of BitMEX, recently shared his bearish outlook on the crypto market in his latest article titled ‘Boom Times… Delayed.’ He predicted a potential decline in Bitcoin’s price to under $50,000, attributing this downtrend to broader macroeconomic factors and market dynamics. Hayes pointed out that the actions of the
Yonsei University in South Korea has recently partnered with Ripple as part of the University Blockchain Research Initiative (UBRI) program. This collaboration marks the 58th partnership for Ripple globally, with 12 of those partnerships located in the Asia Pacific region. The focus of this partnership will be on research related to blockchain technology, with a
The mobile gaming world is abuzz with excitement about the upcoming release of Rebel Skies, a new game developed by the American studio Faraway Games. Set to be launched in October 2024, Rebel Skies is poised to revolutionize the industry by combining three popular gaming genres: action, real-time strategy (RTS), and deck building. This innovative
Bitcoin (BTC) has faced unexpected challenges this year, with its price dropping below the $60,000 mark after initial expectations of a steady increase. The prolonged bearish performance of the cryptocurrency has raised concerns among analysts, with some predicting a further decline below $40,000. This has sparked debates within the crypto community about the future trajectory
The US Securities and Exchange Commission (SEC) Commissioner Mark T. Uyeda has called for the development of specialized S-1 registration forms tailored for digital asset securities. During the Korea Blockchain Week 2024 event, Uyeda highlighted the importance of updating regulatory tools to better accommodate the specific characteristics of digital assets. He noted that the current
Recently, the crypto analyst known as the ‘Titan of Crypto’ shared with his 90,000 followers on Twitter a unique technical pattern that has never been seen before in the cryptocurrency market. This pattern involves a golden cross forming between the 100-day moving average and the longer time frame 200-day moving average. Unlike the typical golden