Jump Trading, a prominent player in the financial markets, reportedly lost a staggering $206 million in the collapse of the crypto exchange FTX. This loss ranks among the largest incurred by any entity not directly associated with the collapsed exchange or its parent company, Alameda Research. These shocking details have come to light through the […]
Bitcoin Stands Strong at $27.4K: XRP Scores Big, Solana Sees Volatility
The broader market momentum has seen Bitcoin and altcoins exhibiting different price growths. Besides Bitcoin, XRP also comes off as one of the top performers today. It appears that low volatility has returned to the crypto sector with the prices of several digital assets moving up recently. In the early hours of today, the largest […]
IcomTech mining scam CEO pleads guilty to fraud, faces 20 years in prison
Marco Ochoa ran IcomTech, luring investors with promises of guaranteed profits from ‘crypto’ trading and mining, but spent the money on a lavish lifestyle. […] Read More… The post IcomTech mining scam CEO pleads guilty to fraud, faces 20 years in prison appeared first on CoinGeek.
Crypto Drug Cartel Ties: On-chain Investigator Drags Ethereum Into The Mess
An on-chain crypto investigator took to social media to expose the supposed black truth behind Justin Sun’s Tron but has thrown Ethereum in the mix, alleging that the cryptocurrency is backed by the CCP and may harbor crypto wallet addresses by Fentanyl traffickers. On-Chain Detective Unveils Potential Tron Ponzi Scheme An X (formerly Twitter) user […]
OpenSea’s New One-Stop Shop For Creators: Here’s What It Can Do
Will OpenSea’s new digital studio assist in revitalizing the rapidly tumbling NFT market? Continue reading at DailyCoin.
MKR Posts 185% Year-to-Date Rally Amid Increased Network Activity: Data
Maker’s native token – MKR – suffered significant losses during the market crash triggered by TerraUST in May 2022. During that period, DAI stood out as one of the leading stablecoins utilizing an algorithmic mechanism, a feature it shared with the ill-fated UST stablecoin. Following the widespread bearish downturn, the MakerDAO team swiftly implemented measures […]
SBF Trial: Jury selected; opening arguments commence
Jury selection for the criminal trial of former FTX CEO Sam Bankman-Fried was completed on the morning of Oct. 4 with opening arguments set for later in the day. New York independent news outlet Inner City Press reported from inside the courtroom that 12 jurors and six alternates had been agreed upon, on the second […]
Ripple’s social activity and price hike as bullish news emerge
XRP has gained bullish traction after acquiring a major license in Singapore and the rejection of the U.S. Securities and Exchange Commission’s (SEC) appeal.
Ex-BlackRock Director Says SEC Will Approve a Bitcoin ETF in ‘3 to 6 Months’
Former BlackRock managing director Steven Schoenfield, who’s now the CEO of MarketVector Indexes, gives the U.S. Securities and Exchange Commission “three to six months” before it approves a Bitcoin spot ETF. Schoenfield gave his estimate during a panel discussion on ETFs at CCData’s Digital Asset Summit in London yesterday, where he was joined by another […]
MEXC Ventures makes eight-figure investment in Toncoin and launches strategic partnership with TON Foundation
Zug, Switzerland, October 4th, 2023, Chainwire MEXC Ventures, a subsidiary of MEXC’s global cryptocurrency exchange MEXC, has announced a significant investment in The Open Network, the largest layer-1 investment the firm has ever made. This investment works alongside a strategic partnership with The Open Network (TON) Foundation. This symbiotic partnership represents the shared vision of […]