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Tag Archives: News

Bitcoin Price Attempts Further Bullish Recovery Catalyzed by Rising Stablecoins Supply on Crypto Exchanges

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ETH Whale Moves Another 5,000 ETH Gained During ICO to Exchange

An ETH whale moved 5,000 ETH worth about $13 million to OKX on August 12. They had acquired these assets in 2014 during ETH’s ICO for just $0.31 a pop. With that transfer, this whale has moved 48,500 ETH, or $154 million, in the past 35 days, according to data from Etherscan. A whale is a colloquial term used by those in crypto circles to refer to a user holding massive amounts of crypto in their wallets. This user’s wallet address, likely a GnosisSafe one, moved the funds to OKX’s deposit...

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US SEC Brings Fraud Charges Against Crypto Pyramid Scheme NovaTech

The US Securities and Exchange Commission (SEC) has filed a lawsuit against NovaTech for operating a fraudulent enterprise, resulting in $650 million in losses for unsuspecting investors. Its founders and promoters are also defendants in the suit, looking at the possibility of facing jail time along with fines and disgorgements. NovaTech, started by Cynthia and Eddy Petion, targeted religious groups, mainly Haitian churchgoers in the US and elsewhere. It amassed $650 million from over 200,000...

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MetaMask Launches Game-Changing Debit Card for Direct Crypto Spending

MetaMask Card enables direct crypto spending via Mastercard, streamlining transactions. Initial rollout is limited to the EU and UK, with plans for broader global expansion. MetaMask, a widely used Ethereum wallet and gateway to the decentralized web bridges the gap between blockchain technology and daily transactions. Is now teaming up with Mastercard and Baanx to launch the MetaMask Card, the first-ever debit card which enables users to spend cryptocurrency directly from their MetaMask...

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