The European Securities and Markets Authority (ESMA) has recently raised concerns regarding Maximum Extractable Value (MEV) as a form of illegal market abuse in the context of the proposed technical standards for the Markets in Crypto-Assets (MiCA) regulation. Patrick Hansen, a well-known figure in the crypto regulation space, has drawn attention to this issue on
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Shiba Inu ($SHIB) has emerged as one of the top digital asset investments of 2024, outperforming Bitcoin, Ethereum, and even its top competitor, Dogecoin. With a current price of $0.00002547, Shiba Inu has seen a remarkable 200% increase from its price a year ago. In comparison, Bitcoin is up 158%, Ethereum has added 115% over
In the past 24 hours, Floki Inu (FLOKI) experienced a significant 20% rise, propelling its market cap to approximately $2.6 billion and reclaiming the fifth spot in the meme coin sector. This surge in price has caught the attention of many traders and investors alike, leading to a renewed interest in this dog-themed cryptocurrency. Several
The fusion of social media and decentralized finance has given birth to a groundbreaking concept known as SocialFi. This innovative approach redefines user engagement by offering digital currency rewards for every interaction on social media platforms. SocialFi empowers users and creators by providing them with more control over their content and the opportunity to profit
TONcoin (TON), the native token of The Open Network blockchain, has been making waves in the cryptocurrency market. According to recent analysis by CryptoQuant, the price of TON has outperformed Bitcoin by 118%. US traders seem to be bullish on TON, while European traders appear to be more skeptical. The on-chain analytics company identified different
The recent arrest of a Taiwanese national, Rui-Siang Lin, has revealed a disturbing truth about the dark web drug bazaar known as Incognito Market. The platform, responsible for transacting over $100 million in cryptocurrency, primarily through the sale of illegal narcotics like fentanyl, has been operating for the past four years under the alias “Pharoah.”
As the clock ticks closer towards the end of the Dogeverse (DOGEVERSE) presale, investors around the world are eagerly anticipating the final opportunity to participate in this unique multi-chain offering. With the presale set to conclude on June 3, 2024, at 10 am UTC, the excitement surrounding the $DOGEVERSE meme token is reaching its peak.
In a recent case, the U.S. District Court for the Western District of Texas sided with the Securities and Exchange Commission (SEC) in a legal battle against well-known crypto influencer Ian Balina. The court held that Balina had unlawfully offered and sold SPRK Tokens as securities in unregistered transactions, thereby violating U.S. securities laws. This
Recently, Bybit crypto exchange CEO, Ben Zhou, has refuted claims circulating on social media regarding the alleged insolvency of the exchange. These rumors started to surface this week on social media platforms, with speculations suggesting a bug in a proof-of-reserves graph from Arkham Intelligence may have initiated the gossip. Zhou was quick to dismiss these
Gary Gensler, the Chairman of the US Securities and Exchange Commission (SEC), recently expressed strong opposition to the Financial Innovation and Technology for the 21st Century (FIT21) Act. This act has been hailed for providing regulatory clarity to the crypto industry, but Gensler argues that it would actually weaken consumer protections in the market. The