The disastrous launch of influencer Haliey Welch’s Hawk Tuah (HAWK) memecoin this week saw the token plummet 91% in just three hours due to sniping and insider trading allegations.Welch denied the claims and authorities have not announced any investigation.But Welch and her team could face significant legal scrutiny if the U.S. Securities and Exchange Commission or the Department of Justice (DOJ) decides to investigate the controversial launch.The SEC could file civil charges for securities fraud alleging misrepresentation or fraud in the sale of securities if HAWK qualifies as a security under the Howey test, according to Yuriy Brisov, a partner…
Author: Crypto Flexs
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Binance is set to list Across Protocol (ACX) and Orca (ORCA) with seed tags, indicating high volatility and risk. Trading pairs will be available from December 6, 2024. (Read more)
On December 5, Bitcoin (BTC) hit a snag in its historic rise above $100,000. This is because the flagship cryptocurrency falls back into the 5-digit territory, leaving a trail of liquidations across the market.BTC gave up almost all of its 24-hour gains to hit a new all-time high of $103,679. The day before it attempted to recover, falling to a low of around $90,300.Bitcoin was trading at $95,500 at press time amid high volatility. CryptoSlate data.clearingIn the last 24 hours, approximately $885.61 million in leveraged positions were liquidated, affecting 202,956 traders worldwide. Of the total liquidations, Bitcoin accounted for $540…
CryptoKeying, a leading cryptocurrency mining platform, announces the launch of a high-quality, innovative service designed to make cryptocurrency mining simple, fast, and highly profitable for its followers and investors. CryptoKeying aims to change the cloud cryptocurrency mining landscape with a focus on simplicity, transparency, and user empowerment.How to Mine CryptoKeyingStep 1.Access the CryptoKeying platform via your mobile or computer browser and click to begin registration.Step 2. Get a $10 bonus after creating an account ($0.60 per day when you log in).Step 3. Choose a Contract: Find a contract that suits your investment level and goals. Each contract has a variety…
Peter Jang December 6, 2024 09:45 Binance Futures will update leverage and margin ratings for multiple USDⓈ-M and COIN-M perpetual contracts starting December 6, 2024. Existing positions will not be affected. Binance Futures has announced updates to leverage and margin ratings for several USDⓈ-M and COIN-M perpetual contracts, effective December 6, 2024, as reported by Binance. The changes affect contracts including FTMUSDT, SEIUSDT, 1000BONKUSDT, FILUSDT, FETUSDT, ARBUSDT, UNIUSDT, STXUSDT, HBARUSDT, GRASSUSDT, and FTMUSD COIN-M perpetual contract. Update details Updates applied at 08:50 UTC on a given date will not affect existing locations. This adjustment…
The widely respected cryptocurrency analyst and trader is bullish on the second-largest memecoin by market capitalization. The analyst, who goes by the pseudonym Bluntz, tells his 302,600 followers on social media platform Attempting to break through resistance levels that have persisted since March. “Sipgod Candle Loading” Source: Bluntz/X A widely followed analyst says: “I’m sure the retail (investment crowd) will be pumping SHIB when the meme bids come back because SHIB is a dinosaur coin they still have in their wallets from last cycle.” SHIB is trading at $0.0000316 at the time of this writing. Bluntz says Shiba Inu is…
just alvin December 6, 2024 10:00 BitMEX plans to list STLS tokens on December 9, 2024, offering participants trading, depositing, and purchasing along with a $20,000 airdrop. BitMEX, a prominent cryptocurrency exchange, plans to enhance its trading services with the introduction of STLS tokens. According to BitMEX, STLS tokens will be available for trading, depositing, and purchasing through the STLS/USDT spot listing starting December 9, 2024. STLS token launch STLS tokens are the native cryptocurrency of the decentralized Metaverse island, providing users with new opportunities to participate within the virtual space. By introducing this…
Sui Networks’ total valuation reached an all-time high of $1.72 billion. Sui price surged 25.85% over the past day and reached ATH. Over the past day, Sui (SUI) has shown strong gains, hitting an all-time high of $4.43. The price rose from a low of $3.529 and is up nearly 25.85% on the 7-day chart. In addition, altcoin trading volume surged 71.5% to $4.24 billion, and the market capitalization reached $12.54 billion. This rise was largely driven by strong momentum and total value locked (TVL) growth. Sui Network TVL hits ATH. According to Lookonchain, Sui Network TVL surpassed $1.68 billion…
We did it. 100,000 Bitcoins are here. I’m sure quite a few people are very satisfied with where their net worth is currently. And all of you in that situation have had to exercise a great deal of self-control to hold on to the pennies to make money. To that location in the first place. You all got lucky in the beginning, you discovered Bitcoin at the right time, someone you trusted introduced you to Bitcoin, you got the right confluence of events that allowed it to coalesce at the right time and take it seriously. That’s why it’s here.…
Timothy Morano December 6, 2024 10:33 The Hong Kong Monetary Authority fined China CITIC Bank International Limited HK$4 million for violating the Anti-Money Laundering and Terrorist Financing Ordinance. The Hong Kong Monetary Authority (HKMA) has imposed a fine of HK$4 million on China CITIC Bank International Limited (CITIC) for violating the Anti-Money Laundering and Terrorist Financing Ordinance (AMLO), the Hong Kong Monetary Authority reported. . This disciplinary action concludes a comprehensive investigation into CITIC’s compliance with AMLO. Findings The HKMA’s investigation found serious deficiencies in CITIC’s AMLO compliance systems and controls. In particular, the…