The New York Attorney General’s Office (NYAG) has recently expanded its fraud claims against Digital Currency Group (DCG) and its affiliates, asserting that the losses incurred now amount to a staggering $3 billion. The lawsuit, which initially alleged losses of over $1 billion, has been amended to include an additional $2 billion in losses, affecting
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As the cryptocurrency market continues to evolve and gain traction, investors and analysts are constantly on the lookout for the next big opportunity. In this regard, Dan Gambardello, the founder of Crypto Capital Venture, has presented a bullish case for Cardano (ADA) in the upcoming bull run. Based on his analysis, Gambardello believes that ADA
Following a successful DYM airdrop, the price of the native DYM token has doubled, bringing attention and anticipation to the Dymension Network project. With over 70 million DYM tokens distributed to holders, worth a reported $400 million, there is considerable excitement surrounding the potential price action of DYM. However, the launch of the token has
In her recent testimony before the Senate Banking, Housing, and Urban Affairs Committee, Treasury Secretary Janet Yellen emphasized the need for Congress to enact stricter regulatory measures for cryptocurrencies and maintain vigilance on the deployment of artificial intelligence (AI) in financial services. Yellen’s statements reflect a growing consensus on the multifaceted risks posed by the
In the latest major airdrop development on Solana, the new meme coin Smog Token (SMOG) has made waves in the crypto market. The launch of Smog Token was met with great success, with its opening market cap reaching an impressive $37M. Now, the Smog development team has announced that they will be expanding their reach
The surge in the total assets under custodial accounts within the crypto market has been nothing short of remarkable. Over the past four months, these accounts have seen a staggering 250% increase, fueled in part by the growing anticipation of a bull run and the integration of cryptocurrencies into daily life. In addition, macroeconomic conditions
Cardano (ADA) has recently experienced a significant uptick in trading activity, with a surge of over 7% on Thursday, reaching a trading price of $0.53. This surge comes after a period of volatile price action in January. Now, analysts and users on social media are discussing the various factors that could potentially shape ADA’s trajectory
With the Lunar New Year fast approaching, the world is abuzz with anticipation and excitement. As we enter the Year of the Wood Dragon, people across the globe are preparing for celebrations, reuniting with loved ones, and embracing the prospect of new beginnings. However, this Lunar New Year holds an extraordinary allure, thanks to the
Bitcoin has made an impressive leap, surpassing the $46,000 mark on February 9th. This significant milestone came after the cryptocurrency encountered a strong resistance level at $44,000. The resistance had hindered price increases since the introduction of spot Bitcoin ETFs in the United States about four weeks prior. However, with the onset of East Asia’s
Bitcoin (BTC) has recently hit a major milestone, surpassing $46,000 for the first time since spot ETFs were introduced on January 11. This significant increase of 3.4% in a single day and a 6% increase over the previous week has sparked renewed interest in the cryptocurrency. Despite a rocky start to Bitcoin’s 2024, marked by
