In the Commonwealth Legal Education Association and the Commonwealth Attorneys and Solicitors General Conference 2024, Prime Minister Narendra Modi appealed for international cooperation in dealing with contemporary challenges such as cyber threats and cryptocurrencies. This event, held at Vigyan Bhawan in New Delhi, saw Modi focusing on the need for unified justice delivery amidst increased […]
Genesis Files for Asset Sale, Eyes Grayscale Trust Monetization
Genesis Global Capital, a cryptocurrency lending firm, has submitted a request to the U.S. Bankruptcy Court in the Southern District of New York for permission to sell around $1.6 billion worth of trust assets. This move comes as part of the company’s efforts to navigate its ongoing bankruptcy proceedings. The assets slated for sale are […]
Bitcoin ATM Scam Warning Issued by Kenosha Police to Residents
The Kenosha Police Department is currently investigating two alleged Bitcoin ATM scams and to that effect, the authorities have issued a warning to residents to get them more aware and cautious Bitcoin ATMs: New Scammer Tool Alert It looks like scammers in the beautiful city of Kenosha are now exploring a new technique to defraud […]
Bitcoin ETF: LPL Financial Initiates 3-Month Review for Assessment
LPL Financial, a powerhouse in charge of over $1.4 trillion assets, has unveiled a three-month evaluation period for the newly launched spot-Bitcoin exchange-traded funds ETFs. This assessment is headed by Rob Pettman, the head of wealth-management solutions at LPL, as he endeavors to establish whether these funds can function on the firm’s broad trading platform. […]
Bitcoin Whale Numbers Rise as Market Sees Price Volatility
Bitcoin (BTC) has showcased notable price fluctuations, with its value-making movements around the $43,000 mark. Despite a slight decrease of 0.14% in the last 24 hours, bringing the price to $43,060.65, the cryptocurrency has seen a range between $42,584.34 and $43,252.05. Amidst this volatility, an interesting trend has emerged concerning the behavior of Bitcoin whales, […]
FTX Reorganization Plan is a “Highway Robbery” – Ex-SEC Official
Former SEC Official John Reed Stark has reasons to think that the FTX reorganization plan might be a means to get richer for the legal team behind the bankruptcy process. FTX Reorganization Plans Unnecessary According to the ex-SEC veteran, every FTX customer deserves a “Thank You” note from members of the defunct exchange’s legal bankruptcy […]
4 Altcoins Set To Outperform Ethereum In February 2024
4 Altcoins Set To Outperform Ethereum In February 2024: As Ethereum experiences a downward trajectory, several alternative cryptocurrencies are gaining momentum, potentially outshining the well-known Ethereum in February 2024. These emerging altcoins, namely RNDR, XRP, ZETA, and SEI, show promising developments and market movements. This shift in the crypto landscape suggests a dynamic change, where […]
Blockchain Aviation Market Heads Towards Volatility Amid Receding Demand
The blockchain aviation industry is on its way to grow nearly tenfold in the upcoming decade. However, a current market uncertainty could stagger the billion-dollar industry. As the private jet market struggles to rise, the blockchain aviation industry is juxtaposed with a volatile situation. The private jet sector faces demand uncertainty According to a report […]
Cardano (ADA) Price Teases Key Resistance to Trigger 35% Breakout Rally
ADA, the native token of the Cardano ecosystem has recently rebounded from the combined support of $0.46 and 50% Fibonacci retracement level. Amid the current relief rally in the market, this altcoin surged nearly 12% to currently trade at $0.51. This rising price encounters supply pressure at the resistance trendline of a pennant pattern. Here’s […]
FTX Eyes Fast Sale of Its $1.4 Billion Anthropic Stake
The bankrupt cryptocurrency exchange FTX is making swift strides to liquidate its valuable assets, notably its approximately 8% stake in the AI company Anthropic. This sale, potentially worth over a billion dollars, is part of FTX’s broader strategy to address its bankruptcy situation, offering hope for creditors caught in the exchange’s financial turmoil. FTX Seeks […]