Hong Kong’s Securities and Futures Commission (SFC) and local law enforcement have joined forces to issue a public warning regarding an entity posing as a legitimate crypto exchange called MEXC Global. This fraudulent organization is disguising itself as a virtual asset trading platform and enticing unsuspecting victims into participating in a crypto investment scam. As
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As the cryptocurrency market experiences a widespread rally, investors are searching for the best crypto to buy today, especially those with an appetite for higher risk. While Bitcoin (BTC) continues to dominate the market, smaller-cap altcoins offer the potential for faster gains. In this article, we will explore some of the best-performing cryptocurrencies and assess
In a surprising move, Smog Token (SMOG) has announced its transition to a multi-chain ecosystem using Wormhole. This development comes just 24 hours after an impressive launch that saw the SMOG price skyrocket by 134%. With the Chinese New Year approaching, this shift is expected to further enhance the token’s growth and expand its reach
The recent success of the Dymension Network’s airdrop has caught the attention of the crypto community. More than 70 million DYM tokens, valued at $400 million, were distributed to current holders. However, technical issues with the Dymension mainnet created some challenges for the token launch. Despite these difficulties, market sentiment remains bullish on DYM price.
The excitement surrounding the spot Bitcoin exchange-traded fund (ETF) has led to a significant increase in total assets under custodial accounts. According to a recent report by Bitget, these accounts have experienced a staggering 250% growth over the past four months. This surge can be attributed to several factors, including the overall performance of the
Bitcoin, the leading cryptocurrency, experienced a significant breakthrough on February 9th as it surpassed the $46,000 mark. This accomplishment came after conquering a major resistance level at $44,000, which had hindered price increases since the introduction of spot Bitcoin ETFs in the United States four weeks earlier. The timing of this surge aligned with the
Cardano (ADA) has experienced a surge in trading activity, with a 7% increase in its value on Thursday. Currently valued at $0.53, ADA has shown promising signs after a tumultuous period in January. The recent surge in price has sparked discussions and speculations among analysts on social media regarding the factors that could potentially influence
As the Lunar New Year approaches and the Year of the Wood Dragon begins, people all over the world are eagerly awaiting the festivities and new beginnings that lie ahead. It is a time for celebration, reconnection with loved ones, and embracing the optimism that comes with starting afresh. The Mysterious MetaStones DAO and the
Bitcoin (BTC) has made a remarkable comeback, surpassing the $46,000 mark for the first time since its debut trade on January 11. This surge in price indicates a positive start to the year 2024. According to Coingecko, BTC saw a 3.4% increase in value within the previous day, reaching $46,075 at the time of publication.
Binance, one of the leading cryptocurrency exchanges, is taking a step further in the world of blockchain gaming with its upcoming staking campaign. Through its Launchpool feature, Binance will be distributing up to 350 million PIXEL tokens to participants in anticipation of the live launch of the Ronin gaming token later this month. PIXEL is
Prometheum, a trading platform specializing in crypto securities assets, has made headlines with the recent announcement of its custodial services for Ethereum (ETH). This move holds significant implications for the legal status of Ethereum, the second-largest cryptocurrency by market capitalization. Unlike other crypto exchanges, Prometheum’s strategy is to operate within existing laws and compel regulators,
Sky Mavis, the creative force behind the immensely popular play-to-earn NFT game Axie Infinity, has recently announced a groundbreaking collaboration with GMonsters and mobile game publisher MIXI from Japan. This partnership aims to bring titles from MIXI’s Fight League franchise to the Ronin blockchain, unlocking new possibilities and expanding the reach of this innovative network.
Ethereum staking has been gaining traction despite the lackluster performance of ETH’s price in the past year. Liquid staking protocols like Lido Finance have witnessed a significant increase in the amount of ETH being staked. As a result, the total supply of staked ETH has reached an all-time high. Lido Finance recently reported that the
One of the most anticipated events in the world of cryptocurrency is the Bitcoin Halving. This event, which occurs every four years, has often been associated with significant price increases for Bitcoin. Tom Dunleavy, Partner and Chief Investment Officer at MV Capital, recently shared his price predictions for Bitcoin, stating that he believes it will