A notable Bitcoin whale, identified as 12QVs…oN2qo, recently made headlines for accumulating nearly $400 million worth of Bitcoin between July 30 and 31. This strategic move indicates the whale’s confidence in Bitcoin’s future price trajectory and the potential for substantial profits. Strategic Withdrawal from Binance The whale’s significant purchase of 5,800 BTC from Binance further
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Nader Al-Naji, the founder of BitClout, a social media platform, has found himself in hot water with the US Securities and Exchange Commission (SEC) and the Department of Justice (DOJ). Both regulatory bodies have charged Al-Naji with orchestrating a multi-million-dollar fraudulent crypto asset scheme involving BitClout’s native token, BTCLT. The SEC’s complaint against Al-Naji alleges
The world of cryptocurrency was shaken when Bitcoin was introduced a decade and a half ago. Since then, the identity of Satoshi Nakamoto, the creator of Bitcoin, has remained a mystery. Various theories and speculations have emerged, with different prominent figures being pointed to as the potential creator. One such theory emerged from software developer
Coinbase, a prominent cryptocurrency exchange, recently came under fire for alleged breaches of campaign finance laws. A crypto researcher raised concerns regarding the company’s $25 million donation to Fairshake, a crypto Super Political Action Committee (PAC), suggesting that this donation may have violated campaign finance regulations. The timing of this donation, coinciding with negotiations for
Manchester United has taken a pioneering step in the world of football by launching player trading cards and the Fantasy United game for the 2024/25 season on the Tezos Blockchain. This groundbreaking move allows fans to collect cards featuring first-team players, build squads, and engage in a Web3 fantasy football experience. The ‘Fantasy United’ game
The once-popular meme coins that dominated the crypto market in the first two quarters of 2024 are now experiencing a significant cooling off period. Recent findings indicate that only a few lesser-known meme coins have seen gains in the past 30 days, while the more popular ones are struggling to maintain their strength. According to
Recently, XRP witnessed a significant surge in its price, climbing to $0.66 from $0.60 in just 24 hours. This price level was last seen in the third week of March, sparking renewed investor optimism in the market. One notable trend in the XRP ecosystem is the rise in the number of wallets holding at least
The world of digital art is facing a legal dilemma as Jonathan Mann and Brian L. Frye take on the US Securities and Exchange Commission (SEC). The dispute revolves around the classification of Non-Fungible Tokens (NFTs) representing digital art as securities under US law. Mann and Frye argue that their unique NFT artworks should not
BlackRock, a financial giant, has recently made it clear that they do not have any immediate plans to launch a Solana (SOL) ETF. This decision comes despite the overwhelming success of their Bitcoin and Ethereum spot ETFs that were introduced earlier in the year. The company’s Chief Investment Officer, Samara Cohen, mentioned in an interview
The US Securities and Exchange Commission (SEC) has recently announced its plans to amend its original complaint against Binance. This move could potentially eliminate the necessity for the court to make a decision on tokens that were previously deemed as securities. The joint filing, which occurred on July 30th, comes at a time when there