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The cryptocurrency market is known for its volatility, and meme coins have become a prominent part of this digital landscape. In recent days, a surprising doppelganger moment occurred when a new Dogecoin on the Solana blockchain skyrocketed in value. With Solana meme coin DOGE experiencing a surge of +60,980%, experts are now questioning whether another
Wall Street giant and asset manager Franklin Templeton recently submitted an application for an Ethereum Spot Exchange-Traded Fund (ETF) after facing challenges in gaining approval for their Bitcoin Spot ETF earlier this year. Many asset managers have turned to the Ethereum spot ETF following the United States Securities and Exchange Commission’s (SEC) approval of the
In a significant cybersecurity incident, an unknown actor performed a SIM swap attack on the U.S. Securities and Exchange Commission’s (SEC) X account. This breach resulted in the publication of a false message claiming the SEC’s approval of spot Bitcoin ETFs. Chair Gary Gensler addressed House members, reassuring them of the SEC’s commitment to cybersecurity
The Korea Financial Intelligence Unit (KoFIU) recently unveiled a comprehensive plan to strengthen its supervision of the cryptocurrency industry. This move comes as part of South Korea’s ongoing efforts to bolster financial oversight and protect consumers within the rapidly evolving digital asset space. By implementing stricter operational standards and expelling non-compliant exchanges, the KoFIU aims
In a recent development, Ethereum [ETH] co-founder Jeffrey Wilcke’s wallet has made a notable deposit of 4,300 ETH to a cryptocurrency exchange. This deposit, which amounts to 22,000 ETH, valued at approximately $41.1 million at the time, has injected renewed interest and excitement into the market. Despite this substantial deposit, the overall trend of Ethereum’s
After a tumultuous 2022, Bitcoin (BTC) is poised for a remarkable resurgence in 2024, according to a consensus of industry experts. This comprehensive analysis delves into the key factors driving this positive sentiment, including the highly anticipated Bitcoin halving event, surging institutional adoption, and the introduction of spot Bitcoin exchange-traded funds (ETFs). The Bitcoin halving