The US Securities and Exchange Commission has recently set its sights on various cryptocurrency platforms, with its most recent target being the NFT platform OpenSea. OpenSea’s CEO, Devin Finzer, took to social media to express his disappointment in the SEC’s actions. Finzer revealed that OpenSea had received a Wells Notice from the SEC, signaling that
Social media
Pavel Durov, the founder of the popular messaging app Telegram, has found himself in hot waters following his arrest in France over the weekend. The incident has led to a surge in support from various well-known public figures, including Elon Musk, Robert F. Kennedy, Vitalik Buterin, and Tucker Carlson, among others. Turbulence in the Crypto
In a surprising turn of events, cat-themed meme coins have taken the cryptocurrency market by storm, leading a meme coin rally that has pushed the sector’s market capitalization above $40 billion. Notable performers in this sudden surge include Popcat (POPCAT), Mog Coin (MOG), and Cat in a Dogs World (MEW), all experiencing significant gains. POPCAT,
The crypto market has been tumultuous in recent times, and Ethereum (ETH) has not been immune to the challenges. Despite being the second-largest cryptocurrency, ETH has been facing significant obstacles. One of the key issues that have been highlighted by crypto analyst Ali Martinez is the continuous selling of Ethereum by some of the largest
Recently, Binance, the leading cryptocurrency exchange globally, confirmed that the Venezuelan government has restricted access to its website. This action came following the controversial presidential election results in the country. In a post on August 10, Binance mentioned that similar to other companies in various sectors in Venezuela, including social media platforms, their pages were
The debate between Ethereum and Solana has been reignited by a crypto analyst who recently evaluated the two cryptocurrencies to determine which one was superior. Peter Brandt, a well-known crypto trader and analyst, compared the fundamental characteristics, strengths, and weaknesses of Solana and Ethereum in a recent post on social media. Brandt’s analysis highlighted Ethereum’s
XRP, the cryptocurrency associated with Ripple Labs, has recently shown a significant surge in its price, outperforming other major digital assets. In just one day, XRP experienced a price increase of almost 20%, reaching $0.64 before retracing slightly to $0.61. This spike has led to a monthly gain of 42%, indicating a bullish trend for
The recent cryptocurrency market turmoil has sent shockwaves through the industry, with Bitcoin and Ethereum experiencing significant drops in value, each plummeting over 20% in just 24 hours. This rapid sell-off has left investors reeling and searching for answers as to what triggered such a drastic downturn in the market. At the center of this
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
In recent news, there has been a shocking revelation linking convicted UK hacker Gurvinder Bhangu, known as Gurv, to the high-profile compromises of American actress Sydney Sweeney and ‘Breaking Bad’ actor Bob Odenkirk’s accounts. These hacks resulted in over $530,000 being stolen through Solana meme coin scams. Renowned on-chain detective ZachXBT uncovered compelling evidence pointing