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The recent drop in the price of Cardano (ADA) below the $0.7 mark has left many investors puzzled. The crypto token experienced a significant correction from its monthly peak of $0.8, which was recorded on March 14. Since then, Cardano has struggled to regain its previous highs. This article delves into the potential reasons behind
The meme coin sector, led by popular meme coins like DogWifHat (WIF) and Dogecoin (DOGE), has experienced a significant surge in its prices over the last week. This surge has been part of a broader market-wide rally that has seen double-digit percentage increases in leading meme coins. While traditional cryptocurrencies like Bitcoin (BTC) and Ethereum
The recent allegations against major crypto exchange KuCoin, along with its founders Chun Gan and Ke Tang, accuse them of failing to implement Anti-Money Laundering (AML) and Know Your Customer (KYC) procedures. Prosecutors claim that this failure allowed the platform to be used for laundering illicit funds from criminal activities. This lack of AML and
Recently, KuCoin, a popular crypto exchange, faced a surge in withdrawal requests following criminal charges brought against the platform by US authorities. This development led to significant withdrawals of Ethereum-based tokens across various categories of traders, including whales, funds, smart money, and market makers. The charges alleged that KuCoin and its founders had been operating
Over the weekend, a significant event occurred in the world of cryptocurrency as the fifth richest Bitcoin address made a massive transfer of $6 billion worth of Bitcoin to three new wallets. This action raised eyebrows within the crypto community due to its unusual nature. Initially funded with a staggering 94,500 BTC ($6.05 billion) back
Recent data from crypto analytics firm Glassnode has revealed that the amount of Bitcoin held on Coinbase has plummeted to a nine-year low. This significant drop in BTC balance on the exchange has sparked speculation about the possibility of the flagship cryptocurrency soaring to a new all-time high of $75,000 in the near future. According
Portugal’s National Data Protection Commission (CNPD) recently announced its decision to prevent Worldcoin from gathering biometric data for a period of three months. This action stems from concerns related to the inadequate protection of user rights and the alleged collection of data from minors without proper consent. The CNPD cited several reasons for imposing the
Amid the recent news of US criminal charges being levied against the popular cryptocurrency exchange KuCoin, CEO Johnny Lyu took to social media to reassure users that their funds are safe. The US Department of Justice (DOJ) announced that KuCoin, along with its founders Chun Gan (Michael) and Ke Tang (Eric), are facing charges for
The Sandbox, a decentralized virtual world, has hit a significant milestone with over 1,000 user-generated experiences available on its platform. This diverse landscape reflects the creativity and innovation of its community, which consists of brands, gaming companies, and individual users. The Game Maker tool and platform infrastructure updates, as well as new earning opportunities, have
Ark Invest recently made headlines by selling 74,291 Coinbase shares, totaling $20.8 million across three of its exchange-traded funds. This move follows the firm’s previous sale of over $100 million worth of Coinbase shares when the price of COIN soared to new yearly highs. The shares were sold from the Innovation ETF (ARKK), Next Generation
TCG World recently made an exciting announcement regarding their partnership with SKALE, a move that is set to revolutionize the metaverse experience. This collaboration signifies a significant milestone in the quest to create a more immersive and expansive digital universe. TCG World, known for its cutting-edge virtual environments and high-quality graphics, has joined forces with
Cryptocurrency expert Rekt Capital has highlighted a striking resemblance between the recent Bitcoin pre-halving retrace and the one that occurred in 2020. This similarity has piqued the interest of many in the crypto community, as it could potentially indicate an upcoming upsurge in the value of the largest cryptocurrency asset. Bitcoin is currently on a