Key Takeaways Russia’s crypto exchange trials begin as a response to international sanctions. The trials will use the National Payment Card System for ruble-crypto conversions. Russia is set to ...
Category: Crypto
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Russia Expands Crypto Initiatives: Trials for Cross-Border Transactions Begin with Ruble Conversion
Russia is poised to initiate trials for using cryptocurrency exchanges and digital tokens to facilitate cross-border transactions amidst international sanctions. As reported by Bloomberg, the country ...
Singapore Court Imposes 6-Year Prison Sentence on Crypto Ponzi Scheme Mastermind
Yang Bin, a 61-year-old Dutch national, was sentenced by a Singapore court to six years in prison and fined S$16,000 Singapore dollars for orchestrating a cryptocurrency Ponzi scheme. Yang’s company, ...
Russia Starts Trials of Crypto Payments & Exchanges
Russia is set to start a trial for cross-border payments in digital tokens in September to ease the pain of crippling sanctions, sources tell Bloomberg. Only a scalable blockchain network with low fee...
Which Altcoin Do Institutional Investors Invest Most Apart From Bitcoin? Here Are the Current Results!
While investors in the cryptocurrency market are divided into institutional and retail investors, retail investors turn to riskier assets to earn more money in a shorter time. On the other hand, insti...
Crypto millionaires population up 95% in one year, survey shows
The number of crypto millionaires nearly doubled in 2024, reaching 172,300 as spot Bitcoin ETFs and other crypto assets surged. The global population of crypto millionaires has surged 95% over the pas...
ETH Price Plunges Again! Will This Trigger the Next Crypto Crash?
The total cryptocurrency market cap slipped nearly 3 percent in the past 24 hours to about $2.3 trillion, as the top altcoins, led by Ethereum (ETH), closely followed Bitcoin’s price action. As the mo...
Nigeria’s Crypto Tax Reform To ‘Boost Foreign Investment’
The Nigerian financial authorities recently announced their plan to overhaul the tax system to add crypto assets. The upcoming proposal, which aims to modernize the current policies and adapt to the e...
A new presale coin outshining Toncoin and Solana
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. A new crypto contender, DTX Exchange, currently in its...
Plutus Lending Settles SEC Lawsuit Over Abra Earn’s $500 Million Crypto Activities
The recent settlement between the U.S. Securities and Exchange Commission (SEC) and Plutus Lending LLC marks a significant development in the crypto regulatory landscape. Originally known as Abra, Plu...
SEC Charges Two Brothers for $60 Million Crypto Ponzi Scheme
US Securities and Exchange Commission (SEC) has charged two brothers for allegedly executing a $60 Million crypto Ponzi scheme. The SEC filed a complaint on Monday in the United States District Court...
SEC Charges Brothers in $60 Million Ponzi Scheme Involving Crypto Asset Trading Platform
The ongoing regulatory scrutiny in the cryptocurrency space has intensified as the SEC targets fraudulent schemes. In recent developments, two brothers allegedly executed a $60 million Ponzi scheme, a...
Russia Initiates Crypto Trials For Cross-Border Payments Amid Sanctions Crisis
According to Bloomberg, Russia is poised to initiate trials involving crypto exchanges and the utilization of digital tokens for cross-border transactions in a bid to avoid international sanctions. T...
Telegram CEO Pavel Durov Arrested in France: Crypto Community Reacts to Legal Controversies
The recent arrest of Telegram founder Pavel Durov has captivated the crypto community and raised significant concerns regarding digital privacy. As the founder of a platform that boasts over 950 milli...
Best Bitcoin Crypto Wallets Beginners 2024
As the cryptocurrency market is becoming more and more popular, many people are trying their luck with Bitcoin trading. Choosing the best Bitcoin wallet for beginners can be very difficult since there...
Crypto Is Not Illegal In The Country
The General Manager of the Ecuadoran Central Bank Guillermo Avellán says that crypto is not illegal in the country, but thinks trading must be regulated. His comments come in the wake of a recent offi...
SEC Charges Two Brothers $61 Million Crypto Ponzi Scheme
SEC charges two brothers over an alleged $61 million crypto investment ponzi scheme. Jonathan Adam and Tanner Adam raised funds via their firms, GCZ Global LLC and Triten Financial Group LLC. The SEC ...
The Best Crypto APIs for Trading
With the emergence and rapid development of cryptocurrency markets, traders and investors have been seeking reliable tools for trading automation. Crypto APIs (Application Programming Interfaces) allo...
Why Smart Contract Audits Alone Can’t Safeguard Your Crypto Project: The Case for Real-Time Monitoring in Ethereum Security
Smart contract audits are foundational, yet not all-encompassing in crypto security. The prevalence of sophisticated attack vectors demonstrates the necessity for continuous vigilance beyond audits. “...
Bitcoin rally helps create 84,000 new crypto billionaires in a year
In this photo illustration, a visual representation of the digital Cryptocurrency, Bitcoin is on display in Paris, France, on March 5, 2024. Chesnot | Getty Images News | Getty Images The population o...
DOGS Crypto Trader Nabs 400% Profit Despite Recent Price Dip, Here’s How
A crypto trader made a huge profit by trading DOGS tokens on Aug 26 after a series of trades on centralized and decentralized digital asset exchanges. The token has dominated industry trends after the...
Crypto Company Abra Charged by SEC Because 40% of Assets Are Securities
Key Points: The SEC charged crypto company Abra, operated by Plutus Lending LLC, for offering unregistered securities through its lending product. Abra agreed to settle the charges without admitting o...
SEC charges brothers in $61 million crypto investment scheme
The Securities and Exchange Commission has filed a complaint against two brothers for allegedly orchestrating a crypto Ponzi scheme valued at over $61 million. According to the SEC, the two brothers, ...
Pepe Coin Faces Potential Market Volatility
The cryptocurrency market has been witnessing fluctuating trends, and Pepe Coin (PEPE) is no exception. After a notable drop at the end of last month, PEPE managed to spike by 25% recently. However, t...
Abra to Settle SEC Charges for Unregistered Crypto Sales
Abra has agreed to settle with the U.S. Securities and Exchange Commission over July 2020 allegations that the platform, owned by Plutus Lending, inappropriately pushed Abra Earn to customers and offe...
BTC Faces Resistance and ADA Coin Struggles
Bitcoin (BTC) continues its fluctuating movements, unable to surpass the $65,000 resistance for the second time. Despite a generally positive outlook in the crypto markets, the third-quarter performan...
Litecoin and Ethereum strides as new coin’s Whitelist gains popularity
Litecoin and Ethereum have unlocked new growth frontiers, while a new coin is all set to wow investors by opening its Whitelist. Find out more below. Qubetics Offers a New Crypto Investment Opportuni...
Crypto Whales Have Been Accumulating Rollblock (RBLK), Avalanche (AVAX) and FET As Prices Rocket
The Rollblock (RBLK) GambleFi crypto token has witnessed serious whale accumulation. Crypto whales have also been pouring fresh liquidity into AVAX and FET after the Aug. 5 crypto massacre pushed them...
He Would Have Made 2 Million Dollars If He Held, He Sold and Made 495 Dollars: Here is That Trader and Altcoin
The cryptocurrency market continues to surprise its followers. According to an analysis by monitoring platform Arkham, a trader seems to have missed a big opportunity in a memecoin he purchased. Accor...
SEI crypto up 37% in 6 days – Here’s how bulls can target another 11% hike
Sei has a strong bullish outlook in the short-term. The higher timeframes favored the range formation and a breakout might be difficult now. Sei [SEI] has been in a downtrend from March to June, but s...
A Trader Made 420 Percent Profit in Controversial Altcoin Within Hours: Here Is The Method He Used
According to data provided by Lookonchain, a crypto whale managed to make more than 400% profit on a recently launched altcoin. DOGS, a Telegram-based memecoin, was launched today and the interest was...
US SEC Cracks Down On Abra For Unregistered Crypto Offerings
The US SEC has charged the crypto firm Abra in the latest crackdown for offering unregistered digital assets services to its clients. In a recent press release, the US Securities and Exchange Commissi...