The recent developments at Paxful Inc. have shocked the cryptocurrency community, as co-founder and former CTO Artur Schaback pleaded guilty to conspiracy charges related to failing to maintain an effective anti-money laundering (AML) program. According to the Department of Justice, Schaback’s negligence turned Paxful into a hub for money laundering, sanctions violations, fraud, romance scams,
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The Sovereign Nature Initiative (SNI) has recently announced a groundbreaking partnership with Unique Network and WalletConnect on the Polkadot blockchain. This collaboration, known as DOTphin, is set to launch at the highly anticipated Polkadot Decoded 2024 event. DOTphin, which garnered substantial community support through Polkadot OpenGov, aims to utilize Non-Fungible Tokens (NFTs) to drive environmental
The Republican Party has made headlines by including Bitcoin and cryptocurrency in their official platform for the 2024 election, marking a significant shift in their stance towards digital assets and blockchain technology. This move reflects the influence of former President Trump and signals a broader trend within the party towards embracing the potential of cryptocurrencies.
MetaMask, a brainchild of Ethereum firm ConsenSys, has introduced its latest groundbreaking innovation – the MetaMask Delegation Toolkit. This toolkit aims to revolutionize the user onboarding experience and enhance accessibility to the Web3 ecosystem. Unlike traditional methods that involve navigating through multiple platforms and seed phrases, this toolkit simplifies the process by offering seamless user
The Bitcoin price has seen a significant decrease of more than -22% since the mid-March high of over $73,000. While the current price of BTC is hovering around $57,000 after the recent crash, there is speculation that there could be further downside ahead if history repeats itself. Jacob Canfield, a trading mentor at Trading Mastery,
Legend of Arcadia (LOA) Season 2: Grandia World Tour brings to light an innovative play-to-airdrop (P2A) campaign that has revolutionized the gaming experience. Building on the success of Season 1’s Arcadia Rune Quest, this campaign takes player engagement and achievements to new heights. By incorporating blockchain technology, LOA Season 2 offers real-time PvP modes and
Veteran trader Peter Brandt has recently raised concerns about the possibility of Bitcoin dropping to as low as $44,000. He based his prediction on a technical indicator that signals a bearish outlook for the flagship cryptocurrency. Brandt suggested that Bitcoin could plummet to $44,000 if it has indeed completed a double top pattern. A double
The cryptocurrency market has been experiencing a rocky start to July, with various factors contributing to the bearish sentiment. The highly anticipated Spot Ethereum ETFs failed to debut as scheduled on July 2nd, and reports emerged of significant BTC sell-offs by the US and German governments. These events have added to the uncertainty surrounding the
Recently, the cryptocurrency market witnessed a significant rebound, with Bitcoin surging to almost $58,000 and Ethereum crossing the $3,000 mark. Meme coins like Shiba Inu also experienced substantial gains during this period. However, despite the positive price movement, some metrics within the SHIB ecosystem have shown a decline. One of the key indicators that have
Real-world assets (RWA) have been gaining popularity in the past few months as a new sector within the cryptocurrency market. These assets represent physical objects or properties and are powered by smart contracts on the blockchain. The market capitalization of RWA neared $9 billion earlier this year, showcasing the potential and interest in this niche