Crypto news

On Monday, New York Attorney General Letitia James announced that her office has secured a $2 billion settlement with the bankrupt cryptocurrency firm Genesis Global. This agreement comes in response to allegations that Genesis defrauded investors, including tens of thousands of New Yorkers. $2 Billion Settlement In a post on social media platform X, AG James revealed that this is the largest settlement against a crypto company in New York history. It aims to compensate...

[PRESS RELEASE – Kingstown, Saint Vincent and the Grenadines, May 21st, 2024] Decentralized Finance (DeFi) has emerged as one of the most transformative and disruptive forces in the world of finance, offering a decentralized alternative to traditional financial systems. At the forefront of this revolution is Retik Finance (RETIK), a pioneering DeFi project recognized for its innovative solutions and commitment to democratizing access to financial services. Now, Retik Finance...

Alex Thorn, the Head of Research at Galaxy Research, speculated that the SEC could differentiate between Ethereum (ETH) and staked Ether, possibly classifying the latter as a security. He noted that this distinction could provide a regulatory loophole for approving spot Ethereum ETFs. Spot Ethereum ETF Approval Loophole In a May 21 post on X, he stated, “If the speculation about a 180 from SEC on the Ethereum ETFs is true, I would guess they try to thread a needle between...

Bitwise executives have secret information about massive financial players who are investing in BTC – but they won’t specify which ones. During an interview published on Tuesday, Bitwise CEO Hunter Horsley discussed how institutional and regulatory acceptance of Bitcoin as an investable asset is evolving faster behind the scenes than most realize. The Secret Bitcoin Buyers For one, Horsley confirmed what he’d hinted at in a previous tweet: that a certain nation’s sovereign...

[PRESS RELEASE – Majuro, Marshall Islands, May 21st, 2024] Multipool, a leading innovator in the blockchain and cryptocurrency industry, announces corporate partnership with industry-leading global connectivity provider BSO, enabling ultra-fast low latency trading on Multipool. The combined tech offers users a comprehensive suite of fully decentralized trading tools delivering the best DEX price execution in the industry. Fully utilizing BSO’s cutting-edge technology and...

[PRESS RELEASE – New York, USA, May 21st, 2024] Axelar Interchain Amplifier’s Integration With Rollkit Streamlines the Creation of Interoperable Rollups, Making it as Simple as Developing any Smart Contract The Axelar Foundation today announced an integration with Celestia Labs that will make multichain interoperability easy for sovereign blockchains built with Celestia’s Rollkit, the first sovereign rollup framework. This integration will advance the modular thesis,...

Recently, ChatGPT-4o, an artificial intelligence system developed by OpenAI, predicted what the price of Bitcoin will be by the end of 2024. Bitcoin (BTC) is the largest asset in the crypto industry, carrying over half of the market dominance. Therefore, its price performance often influences other assets, such as ETFSwap (ETFS), in the crypto market. After Bitcoin (BTC) reached an all-time high of $73,000 in March 2024, its price has remained erratic, prompting...

[PRESS RELEASE – Zug, Switzerland, May 21st, 2024] Cardinal Cryptography, core developer of the zero-knowledge, privacy-focused blockchain Aleph Zero, announced today the launch of Common Automated Market Maker (AMM), the first mainnet release of a novel DeFi platform, Common. Positioned as a decentralized exchange (DEX), Common’s Automated Market Maker (AMM) delivers a user-friendly trading experience, complete with the built-in bridge between Aleph Zero and Ethereum, MOST,...

The cryptocurrency landscape is marked by the rapid rise and adaptation of various tokens. Shiba Inu aims for new price heights with strong technical indicators, while Dogecoin continues to leverage its meme coin status and celebrity endorsements for volatility. Meanwhile, Furrever Token introduces a unique blend of community engagement and promising returns, showcasing the diverse strategies within the evolving crypto market. Shiba Inu Eyes $0.000030 Price...

BEFE Coin, the newcomer to the meme currency market, has quickly risen to the top 100 rankings. This unexpected arrival has sent the market into a frenzy, capturing the attention of a global audience of crypto fans. Let’s go further into how BEFE operates and attempt to figure out why this digital currency is the new favorite. BEFE, the sensational new meme-focused altcoin king, seems never to catch its community idle by the increase in market value and ecosystem...