A very important decision was made in the U.S. District Court for the Southern District of New York. A judge named Gregory Woods granted an order requiring Voyager Digital and its affiliates to pay $1.65 billion to the Federal Trade Commission (FTC). The ruling, filed on November 28, 2023, comes after a settlement was negotiated between Voyager and the Federal Trade Commission last October. This agreement marks an important turning point in the regulatory control of Bitcoin lending companies. The Federal Trade Commission has taken legal action against Voyager Digital and its former CEO Stephen Ehrlich, accusing the company of…
Author: Crypto Flexs
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A widely respected cryptocurrency analyst says Uniswap (UNI) is on the verge of entering a significant upward trend. Pseudonymous cryptocurrency trader Rekt Capital says 371,600 followers on social media platform “Uniswap is at the moment of breaking away from these macro market structures. We need to break the top of this pattern and reclaim it as support to enter a new macro uptrend.” Source: Rekt Capital/X Uniswap is trading at $6.25 at the time of this writing, slightly above traders’ diagonal resistance. merchant island announcement Stablecoin Tether’s (USDT) declining dominance of overall cryptocurrency market capitalization indicates that holders are exchanging…
Summary Just like that, cryptocurrency and non-fungible token (NFT) digital donations are now the fastest-growing new type of donation to charities around the world. Consider these 5 top points: 1. Over $300M in crypto has been gifted in the last year, and most recipient nonprofits have opted to auto-convert cryptocurrency to dollars or equivalent upon donation.2. More sophisticated ways to receive crypto gifts, like endowments and trusts, can hold cryptocurrency for future conversion.3. Nonprofits should move now to set up donation systems so that donors can choose them when making tax-free gifts.4. To receive crypto donations, many nonprofits need a…
Professional soccer star Cristiano Ronaldo is facing a proposed class action lawsuit for allegedly actively participating in the promotion of unregistered securities on Binance. The lawsuit alleges that Ronaldo’s NFT promotions tied to Binance encouraged investments in unregistered securities, including Binance’s BNB and cryptocurrency yield programs.Ronaldo’s Influence and Binance’s Legal IssuesThe lawsuit highlights the substantial influence of Ronaldo, who has 850 million social media followers, and his role in promoting Binance. The legal action comes as Binance and its founder Changpeng “CZ” Zhao face their own legal issues, including a $4.3 billion settlement for violating anti-money laundering laws and operating…
Posted 1 minute ago In ~ Decentralized finance platform Coinchange has raised $10 million in funding.Companies G1.VC, Spirit Blockchain, Good News Ventures, K2.CA and Atoia Ventures led this round, with additional participation from Mintfox. Coinchange allows business users to trade and access digital asset returns as a service through the Earn API, a risk management platform for stable returns that supports Bitcoin, Ethereum, and all major stablecoins. “We will use these funds to grow our operations and services, along with attracting new customers,” the company said in a statement. “As part of our expansion plans with this funding, we will…
November 15th Changelog: Version 1.84 Posted at 18:04h From the change log by admin Changelog: Version 1.84 The Bitfinex changelog is an overview of all performance and UI changes made to the Bitfinex trading platform. For an overview of all previous changes, see blog.bitfinex.com/category/changelogs. Version 1.84 improvement Updated to re-enable the Bitrefill widget in the Safari browser. Planets token deposit address error notification update Updated to display the Bitfinex Pulse icon on the Bitfinex leaderboard regardless of pinned post or post creation date. Updated to add a report button icon for Bitfinex Pulse.The homepage has been updated to add notices…
The Financial Stability Board (FSB) report, along with other sources, provides important insights into the impact of multi-functional cryptocurrency asset intermediaries (MCIs) and key market events such as the FTX collapse and cryptocurrency market turmoil in November 2022. May/June 2022. These incidents highlighted the important role and potential risks posed by MCI in the cryptocurrency market. MCI is a group of companies or affiliates that provide a wide range of services and products centered around a trading platform. Many engage in proprietary trading and investing, while some issue, promote, and distribute crypto assets, including stablecoins. Structural vulnerabilities that could be…
AI tools are growing so fast! Pika Labs is now the proud parent company of a new AI video creation tool. The startup announced the launch of Pika 1.0, which attempts to combine advanced AI features with user-friendly features.Pika launched in beta just six months after the company’s founding and fulfills the company’s vision of enabling everyone to become the director of their own video and democratize the field of video production.“We and a new AI model that can create and edit videos in various styles, including 3D animation, animation, cartoons, movies, and more,” states Pika Labs’ official blog post.With…
Yearn Finance’s YFI is up as much as 16% in just two days of trading, even as its peers in the cryptocurrency market bleed. The decentralized finance token hit an intraday high of $25,858 during an early trading session in London. According to data taken from the Binance cryptocurrency exchange, the YFI/USD rate hit a weekly low of $17,605. Merger The two have shown signs of recovery after Yearn Finance announced its merger with Pickle Finance, marking a unique partnership between the two decentralized finance projects. Pickle Finance is a revenue-generating project that works to maintain the peg of stablecoins.…
There are so many options to choose from when choosing a diet that it can be overwhelming. Each diet claims to offer numerous health benefits and success stories, leaving people confused about which diet is best. In this article, we’ll compare the keto diet to paleo and low-carb diets, looking at the pros and cons depending on the amount of fat, protein, and carbohydrates you need. We prefer the keto diet, but the final decision is yours. Nutrient breakdown 1. Keto Diet:– Fat: 75%– Protein: 20%– Carbohydrates: 5%2. Paleo Diet:– Fat: 20%– Protein: 40%– Carbohydrates: 40%3. Low-carb diet:– Fat: 50%–…