The U.S. Securities and Exchange Commission (SEC) recently made a startling admission in its ongoing case against Debt BOX, a cryptocurrency firm accused of significant fraud. The SEC alleges that Debt BOX defrauded investors of nearly $50 million. While the core claims against Debt BOX remain, the SEC admitted that its legal counsel inadvertently made
The Ripple community has been buzzing with discussions about XRP’s lackluster performance and the potential for Ripple to take action. Former Ripple Director, Matt Hamilton, recently took to his X platform to propose an intriguing suggestion. He proposed that Ripple could potentially ‘burn’ its XRP holdings in escrow lockups by disabling the master key on
The cryptocurrency space continues to thrive even as the year comes to an end. While most industries experience a slowdown during this time, the digital asset market remains active and dynamic. One token that has been making waves recently is Solana’s SOL token. Just last Friday, SOL was already trading at over $70, a remarkable
In the past week, leading layer-2 scaling solution Optimism has experienced an impressive performance in the market. The price of OP has skyrocketed by +26.8%, leaving many traders wondering if it is too late to buy Optimism. This surge in price has invigorated the market, but there are now increasing calls for a retracement move
The cryptocurrency realm is a constantly evolving landscape, and experienced traders are now shifting their focus towards Launchpad XYZ, an all-in-one Web3 trading platform that stands out from its competitors with its cutting-edge features. This groundbreaking platform has already made a significant impact in the digital asset trading domain by raising an impressive $2.23 million
In a week dominated by downward trends in the cryptocurrency market, Stacks (STX) stands out with its impressive gains. The native token of the Stacks Network has experienced a remarkable 600% increase in 2023, making it a significant player in the world of cryptocurrencies. This article delves into the factors behind the rising attention and
Near Protocol has experienced a significant surge in its price, with a staggering +20% increase. This rise has prompted traders to question whether it is too late to invest in Near Protocol. The growth across Near Protocol has been remarkable, as it has become the number one platform in terms of daily active users in
In the ever-evolving world of cryptocurrencies, the recent months have witnessed a surge in explosive DEX-traded tokens. These moon-shots, such as APX, SAMBO Bot, and BabyGROK, have captured significant attention from traders seeking lucrative returns. Among the latest meme coins to gain traction are CHEEBS and AVAXINU, which have experienced astronomical rallies of up to
On-chain data reveals a concerning trend as XRP whales make significant exchange inflows, potentially signaling negative implications for the asset’s price. These large transactions, totaling at least $10.9 million each, have caught the attention of market observers. Understanding the motives behind these transfers and their potential impact on the market is crucial to navigating the
In a recent court filing dated Dec. 20, it has been revealed that former FTX CEO, Sam Bankman-Fried, has been denied his request for an adjourned sentencing hearing. Bankman-Fried, who had hoped for a postponement of four to six additional weeks, would have seen his sentencing date pushed into May 2024. However, this request has