Author: Crypto Flexs

According to the Securities and Futures Commission (SFC), three sophisticated ramp-and-dump cases have been transferred to district court. These cases involve complex manipulative trading schemes that have serious implications for market integrity and investor confidence. details of the case The case, initially investigated and prosecuted by the SFC, involved allegations of market manipulation by artificially inflating stock prices and then passing on higher prices to unsuspecting investors. These scams have resulted in victims suffering significant financial losses. The SFC emphasized its commitment to rooting out market fraud and protecting investors. The Commission’s rigorous investigative process…

Ether (ETH) fell 15% from $4,000 before falling to a low of $3,363 on June 16. The second-largest cryptocurrency by market capitalization has fallen 4% over the past seven days.According to data from Cointelegraph Markets Pro and TradingView, the price of Ethereum is around $3,518, about 14% below the multi-year high of $4,091 set on March 12.ETH/USD daily chart. source: TradingViewThe drop in Ether has intensified high selling activity, with daily trading volume increasing 43% and now reaching $14 billion. Despite this bleak outlook, ETH appears to have found support at the $3,500 level, and several technical and on-chain indicators…

Maker shares surged 8.93% in 24 hours after a week-long bull market. Market sentiment and key technical indicators point to a bull market. MakerDAO’s MKR has been bullish over the past seven days. It surged 4.80% last week and recorded an increase of 8.93% in the last 24 hours. At press time, Maker was trading at $2414.47 with 24-hour volume of $109 million. MKR is 61% higher than ATH and the current price is 11,475% higher than the lowest price. Source: TradingView According to AMBCrypto analysis, MRK is showing strength as it attempts to challenge the nearest resistance level around…

The International Monetary Fund (IMF) said 19 countries in the Middle East and Central Asia, including Bahrain, Georgia, Saudi Arabia and the UAE, are at an advanced ‘proof of concept’ stage for central bank digital currencies (CBDCs). “We support policymakers in assessing the need for CBDC issuance and help them create a strong policy and regulatory framework(…)

Global credit rating agency Moody’s Ratings has assigned an “A-bf” bond fund rating to Hill Lights International Limited, the operator of OpenEden’s tokenized U.S. Treasury note issuance, known as the TBILL token. The ‘A-bf’ rating is a high credit rating and suggests that the bond fund has a strong ability to achieve its financial goals. The superior rating is the classic Triple A (AAA) rating. Moody’s is considered one of the top three global credit rating agencies along with Standard & Poor’s (S&P) and Fitch Ratings. The fund invests primarily in U.S. Treasury bonds or government securities. It is considered…

3. Polkadot According to the team, decentralized governance has approved the Join-Accumulate Machine (JAM) protocol as the future architecture of the network. “JAM, a minimal blockchain concept, will support secure, roll-up domain-specific chains and provide synchronous composability across services. To encourage development, the Web3 Foundation has established a 10 million DOT fund to create various JAM implementations. “~$64.7M USD), this initiative aims to improve the scalability and flexibility of blockchain applications by integrating elements of Polkadot and Ethereum for a variety of security environments.” Polkadot founder Gavin Wood’s JAM “Gray Paper” is out.

Best Owie is a seasoned and experienced editor who currently serves as Editor-in-Chief of NewsBTC. Best is a highly experienced professional with a track record of creating engaging and informative content. With a keen eye for detail and a passion for accuracy, Best is committed to ensuring that each published article meets the highest standards of quality. Best has over 6 years of experience in the cryptocurrency industry and has overseen the writing and publishing of thousands of articles over the years. Best always stays abreast of everything going on in the cryptocurrency industry to create and curate the most…

Disclosure: The views and opinions expressed herein are solely those of the author and do not represent the views and opinions of crypto.news editorial. Nowadays, the Internet has become our second home. It is where we communicate, work, shop and socialize. But beneath the surface lies a disturbing truth. It means that we are being watched. Online surveillance has grown to unprecedented power, violating our privacy and invading every aspect of our lives. I believe that blockchain technology holds the key to regaining digital freedom. Online surveillance is nothing new. In the early 2000s, the advent of social media and…

A few weeks ago we discussed how Linea attempted to increase its dominance in the ZK rollup space with the Linea Surge campaign, which seemed to work at the time. However, the hype seemed short-lived, as Linea surged in late May and then fell below ZKsync times in terms of transactions and active addresses. But even in the ZKsync era, not everything was rosy. The network has been facing a decline in activity and users since March, although the decline is slower than Linea’s recent plunge.ZKSync Era saw an airdrop last week with 3.6 billion tokens distributed to over 695,000…

Binance Futures announced updates to leverage and margin ratings for several USDⓈ-M perpetual contracts, including FETUSDT, ENAUSDT, IOUSDT, ARUSDT, and WUSDT. The change took effect on June 19, 2024 at 08:30 UTC, as detailed in Binance’s official announcement. Update details The updates affect leverage and margin ratings for specific trading pairs, with the goal of optimizing trading conditions and risk management for users. Binance emphasized that existing positions opened prior to the update will not be affected by these changes. Affected trading pairs are: FETUSDT ENAUDT IOUSDT ARUSDT WUSDT These updates are part of…