If we do the research, you can get alpha!Get exclusive reports and key insights on airdrops, NFTs, and more! Subscribe to Alpha Reports now and enjoy the game!Go to Alpha ReportThe U.S. Securities and Exchange Commission (SEC) has asked a court to reject Coinbase’s petition to develop a new regulatory system for cryptocurrencies.coinbase In a March report, regulators claimed they “lack the legal authority” to extend existing securities regimes to cryptocurrency assets, adding that they were “proceeding without congressional approval” and were “seizing power through enforcement action.” . The cryptocurrency exchange argued that any decision to expand the existing securities…
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DeFi • May 13, 2024, 6:44 AM EDT Posted 1 minute ago In ~ Updated: May 13, 2024, 6:48 AM EDT Synthetix co-founder Kain Warwick launched Infinex, a front-end site that integrates decentralized financial applications into a single, user-friendly layer.This launch includes Infinex accounts, with a user waitlist process starting today.Infinex’s goal is to lower the barriers to entry typically associated with DeFi, such as complex wallet setup, asset linking, and gas fees. Early access is based on deposits and governance points awarded. Infinex accounts feature cross-chain functionality and are secured with passkey authentication and social login options. This approach…
On-chain data shows that an unknown whale sold altcoin positions at huge losses after the price fell. As first reported by blockchain tracking service Lookonchain, a whale has abandoned positions in Ethereum (ETH) and layer 2 altcoins Optimism (OP) and Arbitrum (ARB). Look on chain Called Whales with wallet addresses starting with 0x12199 and 0xac218 lost $8.43 million. “I’m so sad! The whale sold ETH, OP, and ARB together for a loss of ~$8.43 million. Sold 6,714 ETH ($19.5 million) for $2,903 and lost $6.45 million!Sold 428,047 OP ($1.06 million) for $2.48 and lost $902,000!“Sold 901,685 ARBs ($882 million) at…
Crypto analyst Michaël van de Poppe predicted that major changes in Ethereum (ETH) will prevent the SEC from granting consent to applications for a spot Ethereum exchange-traded fund (ETF). He duly informs his 717,600 followers that, in his opinion, this isn’t going to happen anytime soon. The U.S. Securities and Exchange Commission (SEC) is expected to approve or disapprove applications related to the ETH ETF submitted by large companies such as Hashdex and Ark 21Shares. Van de Poppe believes that the SEC’s ruling on this matter will have a significant impact on the market capitalization of altcoins. Incidentally, the trading…
join us telegram A channel to stay up to date on breaking news coverage meme coin We are seeing adoption increase as investors begin to see the potential. Tesla currently accepts Dogecoin as a means of purchase, and we will likely see further adoption in the future. Additionally, as digital assets in general continue to gain traction, the cryptocurrency space is seeing an influx of new investors. Likewise, new meme tokens and presales are entering the cryptocurrency market. While some tokens offer potential market upside, choosing the best asset to add to your portfolio can be challenging. To alleviate these…
Ethereum’s groundbreaking Q1 2024The first quarter of 2024 was a very important time for Ethereum, with major developments changing the way Ethereum operates. The Dencun upgrade improved Ethereum’s scalability and lowered transaction costs. Meanwhile, the price of Ethereum hit $4,000, a level not seen in two years. Ethereum staking also increased significantly during this period. In this article, we will examine these changes and discuss their broader impact on the Ethereum network.Staking OverviewIn Ethereum’s Proof of Stake (PoS) mechanism, staking involves locking up ETH tokens to support the operation and security of the blockchain. Validators…
On-chain Bitcoin analyst Willy Woo predicts that the leading cryptocurrency will reach the $1 million milestone within the next decade. Deputy Prime Minister Wu expects to see central bank corruption being wiped out during this period, which he describes as “a time to be alive.” However, one of Woo’s followers believes that a central bank digital currency (CBDC), not Bitcoin, is (…)
AI and LLM Transforming Cybersecurity Generative AI and Large Language Models (LLMs) have the potential to bring significant change to the field of cybersecurity. This was the focus of a recent discussion between a16z general partner Zane Lackey and a16z partners Joel de la Garza and Derrick Harris on the AI + a16z podcast. They explained why the AI hype is legitimate in this context, as it can help security teams cut through the noise and automate tasks that often lead to mistakes. Lackey noted that many security teams are excited about the potential that…
Over the past few weeks, Liminal has seen a series of positive regulatory outcomes in Asia Pacific (APAC) and the Middle East and North Africa (MENA). Late last month, Dubai entity First Answer Custody FZE received initial approval from the Emirates Virtual Asset Regulatory Authority (VARA). First Answer India Technologies, Liminal’s India subsidy, is also registered as a reporting entity.
Bitcoin (BTC) begins the new week cautiously holding on to support at $60,000, with sentiment hovering between bullish and bearish.BTC price action is sticking to a narrow trading range. What can cause such a dramatic change in speed?This week is better than ever for volatility in the cryptocurrency market. The combination of US macro data and comments from Federal Reserve Chairman Jerome Powell could be an explosive mix for risk assets.Even at this established range, there are many risks to Bitcoin bullishness. The market is already signaling a deeper correction and traders are already indicating which level could come next.It…