A recent development in the ongoing lawsuit between the US Securities and Exchange Commission (SEC) and Kraken has signaled potential trouble for the exchange. Federal Judge William Orrick in California expressed his inclination to deny Kraken’s request to have the case dismissed. Judge Orrick stated that it was “plausible” that the digital assets offered on
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MomoAI is revolutionizing the TON and Solana ecosystems by harnessing the latest AI technology to drive social growth. Through innovative viral marketing techniques and AI-bot interaction, MomoAI is dedicated to achieving rapid user expansion and high levels of engagement. The platform is strategically focused on fostering growth within the Telegram ecosystem, making it a dynamic
The recent Bitcoin price crash below $66,000 has sent shockwaves throughout the market, resulting in over $90 million in liquidations within a 24-hour period. Despite the significant drop in price, analysts are cautioning that the worst may not be over yet. Crypto analyst Ali Martinez has even suggested that Bitcoin could be poised for another
Recently, the US Commodity Futures Trading Commission (CFTC) has begun an investigation into Jump Crypto for reasons that have not been disclosed. According to Forbes, the federal agency is looking into the firm’s trading and investment activities within the crypto sector. It is important to note that this examination does not automatically imply any wrongdoing
The recent relief pumps experienced by Cardano (ADA) and XRP in the crypto market have caught the attention of market traders. Despite this, there is skepticism surrounding whether these moves signify a bullish reversal. According to on-chain analytics platform Santiment, the heavy shorting of Cardano and XRP by traders could actually act as “rocket fuel”
In the last 24 hours, major cryptocurrencies like Bitcoin, Ethereum, and Ripple have experienced minor gains, signaling a positive trend in the market. These leading digital assets are bouncing back from recent losses, offering hope to investors and traders alike. Additionally, AI-related coins such as Fetch.ai have seen impressive double-digit pumps, showcasing a potentially lucrative
Ethereum, the second-largest cryptocurrency by market capitalization, finds itself at a crucial point as its price consolidates. This period of consolidation has brought about uncertainty among traders and investors, as the price hovers around key support and resistance levels. Technical indicators and market signals are being closely observed to predict Ethereum’s next move. The current
Binance, the world’s largest cryptocurrency exchange, has been facing escalating regulatory challenges in various jurisdictions, including India. Recently, the country’s Financial Intelligence Unit (FIU) imposed a hefty fine of 188.2 million Indian Rupees on Binance for non-compliance with Anti-Money Laundering (AML) regulations. This fine amounts to approximately $2.2 million and was a result of Binance’s
In recent news, NVIDIA has emerged as the new king of Wall Street, surpassing Microsoft for the title of the largest market capitalization in the world. This surge in NVIDIA’s stock price, with an increase of around 3.5% in the past 24 hours alone, has certainly caught the attention of investors. The company started the
Kraken’s chief security officer, Nick Percoco, recently revealed that an undisclosed white-hat hacker group stole approximately $3 million in digital assets from the platform’s treasury by exploiting a bug in the system. The security researchers have refused to return the stolen funds, demanding that Kraken provide an estimated amount of money it could have lost
When it comes to traveling with cryptocurrency, one of the most crucial aspects is to ensure the security of your digital wallet. This can be achieved by implementing time-tested strategies that are designed to protect your assets from potential threats and hacks. Accessing your crypto accounts while on the go requires you to prioritize secure
The introduction of AppNest by APhone has sparked a revolution in the traditional mobile app market. By offering a decentralized app store that supports both blockchain-based decentralized applications and conventional Web2 apps, APhone is aiming to disrupt the dominance of platforms like Apple and Google. One of the key features of AppNest is its developer-focused
The blockchain gaming industry is on the verge of a significant transformation with the upcoming integration of zero-knowledge Ethereum Virtual Machines (zkEVM) on Ronin, the Ethereum sidechain network utilized by Axie Infinity. This integration, made possible through the Polygon Chain Development Kit (CDK), is set to revolutionize the scalability and efficiency of the Ronin network,
The recent discovery of a critical vulnerability in the crypto exchange Kraken’s deposit system by blockchain security firm CertiK has brought to light some serious security concerns. The allegations of extortion made by Kraken against CertiK have sparked a public feud between the two parties. While CertiK has denied these allegations, the events that unfolded