Shiba Inu Awakening: Here’s how much SHIB burned in January.The Shiba Inu ecosystem achieved a significant milestone by burning nearly 10 billion tokens in January 2024, demonstrating the community’s commitment to increasing the value of the SHIB token. The community is performing thousands of SHIB burns per hour, reflecting efforts to increase token value. Despite a significant number of tokens being burned, the price of SHIB did not increase significantly and remained relatively stable at $0.000009. There are plans to automate the burn process to maintain a sustainable burn rate and potentially increase the value of the tokens. Some community…
Author: Crypto Flexs
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Another day, another SEC digital asset lawsuit.Today, Wall Street’s top regulator announced that an American cryptocurrency entrepreneur has agreed to settle fraud allegations against an online course he promoted called “American Bitcoin Academy.”The Securities and Exchange Commission (SEC) alleged on Friday that Brian Sewell and his company, Rockwell Capital Management, targeted students to invest in AI-powered cryptocurrency hedge funds to help them make a lot of money.But after receiving $1.2 million from 15 students in alleged fraud, Sewell, 51, and his company kept the cash in the form of Bitcoin (BTC) and never launched the fund.According to the SEC later,…
Spanish fintech company Monei has begun testing EURM, a euro-backed stablecoin, under the regulatory oversight of the Bank of Spain. These trials began in January with a select group of individual users to minimize errors, according to an official announcement posted on Monei’s website on January 29.The main focus of the test is to evaluate the trading capabilities of EURM, a stablecoin backed 1:1 by the euro and held by Spanish banks including BBVA and Caixabank. Users participating in the trial must verify their identity, upload a wallet, deposit 10 EUR into their account and exchange it for the EURM…
How blockchain can enhance the security of online casino transactionsBitcoin’s unprecedented growth over the past decade has been a boon to blockchain technology. People are paying more attention to blockchain, a decentralized system that allows payments to be sent internationally without intermediaries.Blockchain is a bit of a mystery to many people. But for those who understand it, blockchain is a revolutionary technology that can shake up global companies. In this article, we will look at the security benefits of blockchain.Let’s look specifically at how blockchain works. Security and safety improvements In the online casino sector. Let’s get right into it.DispersionBlockchain…
As we head into the most romantic month of the year, BGaming is here to sprinkle a little love dusting on you. There are over 1,900 cash floating around for you to win! From now until February 28, 2024, €20,000 in cash is waiting to fall into your lap thanks to BGaming’s Valentine’s Fortune Drops! If so, become the target of Cupid’s arrow and add some glamor to your Valentine’s plans with BGaming. Join BitStarz to romance the reels for awesome cash rewards in BGaming’s Valentine’s Fortune Drops. Hearts aren’t the only thing you can get this month! make love…
The founder of an online cryptocurrency course said he would generate profits using artificial intelligence to entice students to invest in cryptocurrency hedge funds, according to charges filed by the Securities and Exchange Commission. The SEC said in a statement Friday that a founder who had been holding investors’ money in Bitcoin lost those funds after his digital wallet was hacked. The agency charged American Bitcoin Academy founder Brian Sewell, 51, and his company Rockwell Capital Management with fraud, reaching a settlement without admitting or denying the charges. Sewell encouraged students to invest in the Rockwell Fund, a hedge fund…
Unoptanium is a fictional, extremely rare and valuable element often used in science fiction and fantasy literature and movies. The name unobtanium comes from the word ‘unobtainable’ and is used to refer to a substance so rare and difficult to obtain that it is virtually impossible to obtain. Properties and Uses Although unoptanium does not actually exist in the real world, it is often depicted as having incredible strength, durability, and other special properties. In science fiction, it is often used as a plot device to drive the storyline, as characters strive to obtain these rare and valuable materials for…
Second, I believe that Bitcoin ETFs will serve as a gateway to the promised land of self-management in cryptocurrencies, much like centralized exchanges have done in the past few years. A virtuous cycle could actually unfold, with millions of people gaining ETF exposure to Bitcoin, learning the benefits of digital ownership, and ultimately choosing true self-sovereignty. Interestingly, the approval of the first gold ETF since 2004 has not hindered private ownership of gold. Instead, it became popular.
The Office of Foreign Assets Control (OFAC) has revoked Venezuelan-owned gold company Minerven’s license to commercialize gold in international markets. Minerven sanctions, which were relaxed last October, will be reapplied on February 13, and oil and gas sanctions are scheduled to resume in April. OFAC reduces Venezuelan gold operations in international markets The U.S. Treasury’s Office of Foreign Assets Control (OFAC) has revoked the license that allowed Venezuela’s state-owned gold company, CVG Compania General de Mineria de Venezuela CA (Minerven), to engage in gold trading on international markets. The United States convened in October to lift sanctions on Minerven, agreeing…
Cryptocurrency analytics firm Santiment said one indicator suggests decentralized oracle network Chainlink (LINK) could have more upside potential. In a new thread on social media platform X, a market intelligence platform: Called Even if LINK wallets suddenly drop, Chainlink’s upward trend may continue. According to Santiment, a sudden drop in wallets is usually a sign of market capitulation due to fear, uncertainty, and doubt (FUD), which can indicate that higher prices may soon follow. “Chainlink jumped ahead of the altcoin pack after some previously dormant wallets generated the highest age spend spike (5.38 billion, calculated by multiplying the number of…