Recently, ex-convict Martin Shkreli made headlines once again, but this time in the cryptocurrency world. After spending time in prison for financial-related frauds, he took to an X space to publicly announce his involvement in creating the new Donald Trump-themed token DJT. Questions about the token’s legitimacy and accusations of insider trading have been circulating,
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In the midst of significant turbulence in the cryptocurrency market, investors have started gravitating towards Bitcoin as a safe haven amidst chaos. Recently, Bitcoin’s dominance has reached a nine-week high of 57%, showcasing a clear preference for the leading digital asset. Altcoins, on the other hand, have suffered from a massive sell-off, losing significant market
The Bitcoin network has entered the NFT industry with a bang, making significant strides in terms of sales volume. According to data from NFT tracker CryptoSlam, Bitcoin-based NFTs have amassed an impressive $4.29 billion in total sales as of June 18. This places Bitcoin in third position, behind only Ethereum and Solana, which have sales
The recent announcement by the Securities and Exchange Commission (SEC) regarding Ethereum 2.0 has brought a sense of relief to the cryptocurrency community. The SEC has officially closed its investigation into Ethereum, determining that sales of ETH are not classified as securities transactions. This decision follows a letter sent by Consensys on June 7, seeking
Recently, Brazil’s Special Department of Federal Revenue has announced its plans to collect information from foreign crypto exchanges operating in the country. This move is aimed at ensuring that these exchanges are in compliance with local regulations set forth in 2019. This is a significant development as it indicates that the Brazilian government is taking
South Korea’s Financial Supervisory Service (FSS) has recently addressed the concerns surrounding the potential removal of various digital assets from local cryptocurrency exchanges. This development comes in light of the Virtual Asset User Protection Act, which aims to enhance compliance and scrutiny of listed tokens on these platforms. Contrary to initial reports, the FSS has
Recently, David Hirsh, who served as the Chief of the Crypto Asset and Cyber Unit at the Securities and Exchange Commission (SEC), announced his resignation. After spending nine years with the agency, Hirsh took to LinkedIn to express his gratitude to his colleagues, mentors, and friends for their support. He mentioned that securities enforcement is
Aavegotchi has recently announced the upcoming Rarity Farming Season 8, which promises to bring a thrilling competitive experience for players. With a generous prize pool of 150,000 GHST, this season will introduce several new features aimed at enhancing the overall gameplay experience. One of the key highlights of this season is the introduction of double-elimination
The Vatican Library has recently announced a groundbreaking initiative to expand its reach into the Web3 space by offering non-transferable NFTs to backers of its esteemed manuscript collections. This project, currently in an experimental phase, is exclusively available to Italian supporters of the Vatican Apostolic Library. Italians have the opportunity to participate in this project
Ethereum (ETH) has been projected by prominent crypto analyst Jelle to surge to $5,000 by the end of this year. This forecast is based on a technical perspective with Ethereum currently stabilizing above the $3,500 mark after a correction from its March high of over $4,000. Jelle’s insights indicate significant bullish potential for Ethereum, especially