HyperFund founders Lee and Chunga have been sued for alleged $1.7 billion cryptocurrency fraud. Cheong-ah agreed to a settlement pending court approval, and Lee plans to take legal action. The U.S. Attorney’s Office filed additional charges. The US Securities and Exchange Commission (SEC) has taken decisive legal action against individuals allegedly involved in a $1.7 billion cryptocurrency ‘Ponzi’ scheme involving HyperFund, HyperVerse and HyperTech. The defendants are Xue Lee, also known as Sam Lee, and Brenda Chunga, known as Bitcoin Beautee. They are accused of orchestrating a fraud scheme to defraud investors and violate federal securities laws. Fake Membership Scheme…
Author: Crypto Flexs
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join us telegram A channel to stay up to date on breaking news coverage great price sudden drop It is up more than 14% in the last 24 hours, trading at $0.01399 as of 11:45 PM ET. Honk price has formed a bearish channel. HONK/USDT 4-hour chart (Source: TradingView) that much make cry Prices have been trading in the integrated channel since January 27th. However, over the past 24 hours, the altcoin has printed a series of lower lows and lower highs. This created a downward price channel. If this selling pressure continues, HONK could soon retest the $0.012040 support…
This whale behavior may add to the negative perception of MKR. As FUD started to grow, sentiment towards MKR decreased. MakerDAO (MKR) recently made headlines when its co-founder sold a large amount of MKR. Data shows this was not an isolated incident and other whales were following suit. The whale is swimming away Data from Lookonchain shows that over the past four days, significant transactions have occurred with whales offloading 2,658 MKR at an average price of $2,022. Afterwards, the price of MKR fell 7.6% due to massive selling. Despite this, the whale still holds 2,007 MKR worth $3.9 million.…
join us telegram A channel to stay up to date on breaking news coverage The price of Bitcoin has risen 3% over the past 24 hours, trading at $43,380 as of 1:05 a.m. ET, with trading volume surging 45%. This is part of an ongoing recovery rally after Bitcoin prices fell in the aftermath of the Grayscale Bitcoin Trust (GBTC) buyback. Bitcoin prices have fallen nearly 12% since the local high of $48,969 on January 11 as investors sold BTC to cash out GBTC shares. Meanwhile, Raoul Pal, a former executive at US investment bank Goldman Sachs, said the Bitcoin…
Cryptocurrency has revolutionized the way we think about money and financial transactions. With the emergence of Bitcoin and Ethereum, interest in and investment in digital currencies has surged around the world. SterlingCoin is poised to become the next leader in the cryptocurrency market by offering innovative features and unparalleled security. In this ultimate guide, we will explore the future of cryptocurrency with SterlingCoin and why it could be the next big thing in the world of digital currencies. What is SterlingCoin? SterlingCoin is a new cryptocurrency created to meet the growing demand for a secure and decentralized digital currency. Launched…
After switching to Ecosystem Support Program At EF Grants, we talked about how to define ‘support’ more broadly, beyond just grant funding. But what does a more comprehensive definition of support actually mean? In practice, this means different things for different projects and starts with conversation. ESP is designed to make the wide range of EF resources more accessible to the community, and that starts with making the process accessible to everyone who needs support. We take the time to think critically about everything. inquiry, understand your project and explore how we can help. Of course we can’t fund every…
Posted 1 minute ago In ~ Ethereum scaling solution Starknet is collaborating with the blockchain network. Celestia Tia +3.66% Improves data availability for layer 3 chains within the Starknet ecosystem.Starknet developers plan to use “Blobstream,” a key component of the Celestia ecosystem. Blobstream acts as a data availability (DA) layer, safely storing large amounts of data off-chain while providing verifiable evidence of its existence.This collaboration will enable the use of Celestia in Starknet’s off-chain scaling solution to minimize transaction costs. This includes Starknet developers porting Celestia Blobstream to Cairo, the native programming language of Starknet, to support Layer 3 appchain…
The recent approval of a spot Bitcoin exchange-traded fund (ETF) has undoubtedly made history within the blockchain space. But according to Sheraz Shere, head of payments at the Solana Foundation, these approvals should be seen as a “stepping stone” toward deeper integration of blockchain-based systems with traditional finance.Shere highlights the importance of spot Bitcoin ETFs in making digital assets accessible to a wider audience, including institutional investors and the general public. Nonetheless, he envisions a more ambitious future in which blockchain technology enables entirely new use cases within traditional finance. Shere explains in detail:“While spot Bitcoin ETFs are important for…
Amid renewed interest and growing enthusiasm for meme-inspired cryptocurrencies, the integration has sparked discussion about Dogecoin’s potential growth in 2024. Cuban welcomed some 9 million followers of X (formerly Twitter) for an impromptu Ask Me Anything (AMA) session Monday afternoon. Here is one of his best cryptocurrency answers. Let’s do an AMA. Fire. — Mark Cuban (@mcuban) January 29, 2024 “Do the Mavs still accept Dogecoin?” The billionaire simply answered, “Yes.” Mavericks is leading the way in cryptocurrency acceptance. The Dallas Mavericks’ forward-thinking approach to digital currencies began in 2019 when they adopted Bitcoin as one of their payment methods.…
Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only. Cryptocurrency investors have a variety of options with varying potential returns. Some coins are expected to offer modest profits. Galaxy Fox (GFOX) etc. can also record high returns. Explore Galaxy Fox Galaxy Fox is a meme coin that aims to provide the community with an immersive experience that combines financial opportunity, community building, and play-to-earner (P2E) gaming. The developers hope to establish the token as a valuable medium of exchange on various web3 platforms. The ecosystem will feature an…