Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only. While Ripple continues its legal battle with the US SEC, Cardano (ADA) has made significant progress in the smart contract space in early 2024. However, a new DeFi project, Borroe Finance (ROE), has caught the attention of investors. Ripple’s legal battle with the US SEC The SEC has requested a thorough investigation into the contract to determine if Ripple’s plan to sell XRP is consistent with the court’s summary order. In response, Ripple submitted a Sur-Reply application related to…
Author: Crypto Flexs
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Posted 1 minute ago In ~ According to local sources, Binance is in early-stage discussions to reduce its stake in South Korean cryptocurrency exchange Gopax to address liquidity issues and domestic regulatory compliance issues caused by the FTX collapse. News media Dailian. Gopax, one of five fully registered cryptocurrency exchanges in South Korea, was acquired by Binance in February 2023 after facing liquidity issues due to FTX. Genesis Global Capital. Binance came forward with the condition of acquiring a 72.26% stake in the Korean exchange to solve Gopax’s liquidity problem.Steve Kim, Binance’s director for Asia Pacific, said at a roundtable…
In a high-profile money laundering trial in London, a former restaurant worker has been accused of trying to conceal billions of dollars worth of Bitcoin stolen in a massive investment scam in China. TLDR Jian Wen, a former restaurant employee, was allegedly recruited by Zhimin Qian to help launder money stolen in a $6.3 billion investment fraud scheme in China. Won attempted to purchase luxury goods and a mansion worth $30 million in London using Bitcoin, which was worth over $1.7 billion at the time. Your purchase has not been completed. British authorities seized 61,000 bitcoins from Wen and Qian…
January was a mixed month for the cryptocurrency market, with many altcoins hitting new all-time highs, but we experienced a bearish trend reversal in late January. This BeInCrypto analysis examines lesser-known altcoins that are trending positively, indicating the potential for significant gains in the coming months. The analysis specifically targets cryptocurrencies ranked in the top 150-300 by market capitalization. Treasure (MAGIC) is attempting a breakout. The MAGIC price fell to a low of $0.41 on October 19, 2023, and has since risen. This upward move led to a break above the bearish resistance trendline on November 25th. Before the breakout,…
In recent years, digital currencies have gained enormous popularity and have become a viable alternative to traditional forms of money. Among these digital currencies, SSVCoin has emerged as a promising option with unique features and potential for widespread adoption. In this article, we will delve into the untold secrets of SSVCoin and explore why it could be the next big thing in the world of digital currencies. What is SSVCoin? SSVCoin is a digital currency that operates on a decentralized network using blockchain technology. It was created with the goal of providing a safe, efficient and transparent means of conducting…
Partnerships and developments have led to a surge in social engagement. Increasing trading volume along with rising prices can push DOT higher. According to blockchain research group House of Chimera, the Polkadot (DOT) ecosystem has experienced significant growth in terms of social engagement. Social engagement in cryptocurrency markets, whether real or artificial, captures sentiment about a project. Therefore, the surge in the indicator suggests that Polkadot has become a project that a significant portion of the cryptocurrency public is watching. In the post, House of Chimera explained that there was a good reason. According to the advisory firm, Polkadot’s expanding…
(Nashville, TN – January 30, 2024) Bitcoin Magazine is excited to announce the 2024 Bitcoin Halving Livestream in partnership with Kraken Digital Asset Exchange. Similar to a New Year’s Eve variety show and featuring some of Bitcoin’s biggest names, the celebration is dedicated to commemorating the fourth era in Bitcoin’s history. The event, which will be broadcast live from Nashville, Tennessee, begins with the 839,979th Bitcoin block and is expected to reach block 840,000 on April 18, 2024.Mike Germano, President of Bitcoin Magazine, expressed his enthusiasm: “We at Bitcoin Magazine are thrilled to be partnering with Kraken to present the…
QRDO Foundation and EQ LAB Announce Strategic Partnership to Launch Warden Protocol – Chainwire housenewsroomQRDO Foundation and EQ LAB announce strategic partnership to launch Warden Protocol We use cookies to make Chainwire’s website a better experience. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service expressly requested by the subscriber or user or for the sole purpose of carrying out the transmission of communications over an electronic communications network. Technical storage…
According to The Block’s data dashboard, transaction volume on the Solana blockchain increased significantly during the month of January.trading volume brush -6.34% SPL tokens on the Solana blockchain surged to $951.9 billion during the month of January, with almost two days left in January. These gains represent a 30% increase in the network’s economic throughput from December’s $735.8 billion, a multi-month high at the time.The growth in transaction activity on blockchain is well above levels seen throughout most of 2023 and 2022. For example, in September 2023, Solana network trading volume hit a low of $40 billion.Solana price recoveryOn Monday…
Hello, this is the Ethereum community! It’s been a few months since the last update, so it’s time to update you on what’s happening on ethereum.org. First off, we are now using Gatsby. Internally at ethereum.org we have switched from Vuepress to: Gatsby. Now, this won’t be immediately apparent to anyone who visits the website, but it will help us expand ethereum.org. Our team prefers React (which many people prefer) and has experience with MDX, so we should be able to release better content faster. If you’re keeping your Eth2 timeline up to date, you could say Gatsby is our…