The U.S. Securities and Exchange Commission (SEC) has filed a complaint against Plutus Lending LLC, known as Abra, for failing to register its crypto asset lending product, Abra Earn. The SEC alleges ...
News
Real World Assets Altcoins to Watch in September 2024: Top 5
Real World Assets (RWA) Tokenization is gaining traction in the crypto market. If you’re an investor looking to diversify your portfolio or explore new opportunities, this analysis highlights some of ...
Mexico’s Secret Plan to Ditch the Dollar for Bitcoin!
Samson Mow proposes integrating Bitcoin into Mexico’s national treasury, similar to gold and foreign currency reserves. Issuing Bitcoin-backed bonds could leverage Mexico’s energy resources, accelerat...
Is the Decline in Solana Transaction Fees Signaling the End of Meme Coin Hype?
Recent data from the Solana blockchain suggest a significant downturn in the broader meme coin enthusiasm. The daily transaction fees on Solana have plummeted to levels not seen in months, reflecting ...
Toncoin Network Locked Up! What’s Happening? It Was Announced That This Altcoin Is The Reason!
The TON (The Open Network) blockchain has seen unprecedented activity since the DOGS community initiated the on-chain claim process. According to a recent statement from TON, the current processing sp...
Binance Faces Money Laundering Charges in Nigerian Court Next Week
The impending court hearing against Binance in Nigeria has intensified scrutiny around the operations of one of the world’s largest cryptocurrency exchanges. The legal proceedings arrive amidst height...
$TON Faces $1.98M Sell-Off as Liquidity Provider Exits, Market Impact Looms
In recent hours, a significant transaction has taken place involving the cryptocurrency Ton ($TON). A liquidity provider has made a notable move by withdrawing all its $TON tokens from a trading pool ...
Apple Robot Rumors Swell—But Would One Actually Sell?
Apple on Monday announced its next product event, dubbed Glowtime, set to take place on Sept. 9 at the company‘s Apple Park headquarters and streamed online. As it has each fall, the company is expect...
Analyst Suggests New Pattern Could Trigger 60,000% Surge; $7 on Cards
An analyst recently discussed the current state of XRP’s price, explaining some key developments that could signal a major breakout. Despite years of waiting and the impact of a lawsuit that began in ...
Gold advances amid Fed rate cut speculation following Powell’s speech
Gold rises post-Powell’s Jackson Hole comments on potential September policy easing. Powell cites inflation control, labor market concerns; Daly echoes rate cut expectations. US Durable Goods Or...
SEC Takes Action Against Abra for Allegedly Offering Unregistered Securities in Abra Earn Program
The recent actions taken by the SEC against Abra highlight significant regulatory scrutiny within the cryptocurrency sector. This enforcement action emphasizes the need for transparency and compliance...
AMD Releases Ryzen AI Software 1.2 with Enhanced Tools and Capabilities
James Ding Aug 26, 2024 18:35 AMD introduces Ryzen AI Software 1.2, offering developers new tools and enhanced hardware support for AI-driven applications, according to AMD.com. AMD has unveiled the l...
Bears push slightly down, testing support at 89.70
NZD/JPY declined on Tuesday’s session to settle around 89.70. The RSI is hovering near the 50 midline, suggesting a neutral bias. The MACD is flat green, indicating a lack of clear momentum. The...
AI Might Help You Avoid Getting Rekt on Coinbase the Next Time Bitcoin Crashes
Coinbase said on Monday that it has developed and deployed a machine learning model that predicts spikes in user traffic and automatically scales its resources, preventing downtime and increasing plat...
This is How to Double Your Investment Portfolio by the Year’s End – These 5 Coins You Need
Unlock the secret to rapidly expanding your investment. As the year-end approaches, savvy investors seek opportunities to maximize returns. Discover five cryptocurrencies poised for significant growth...
Edges up amid rising US yields, yet remains bearish
USD/JPY stays under Ichimoku Cloud and 200-DMA at 151.22, maintaining downtrend with easing selling pressure. RSI trends upward, suggesting a potential short-term rally if USD/JPY surpasses 145.00. Re...
US SEC Charges Abra for Unregistered Crypto Lending Violations
The recent actions taken by the US SEC against Abra have raised significant concerns within the crypto lending space. Abra’s abrupt halt of its lending program underscores the increasing scrutiny that...
Thai Law Authorities Raid Illegal Bitcoin Mining Facility: Report
Thailand’s law authorities recently raided a house occupied by a company running Bitcoin mining operations. According to the South China Morning Post’s coverage, the illegally operated Bitcoin mining ...
Pair testing crucial support, indicators suggests more consolidation
NZD/USD declined on Monday to 0.62000, testing crucial support levels. The MACD indicator is printing flat green bars, suggesting that the rally might have come to an end. The RSI points south suggest...
Crypto Firm Abra Settles SEC Charges, Agrees to Pay Unspecified Fine
The U.S. Securities and Exchange Commission (SEC) on Monday filed charges against cryptocurrency investment firm Abra—aka Plutus Lending LLC—for allegedly conducting unregistered offers and sales of c...
Ethereum ETFs struggle as Bitcoin ETFs see $252M inflows: Can ETH catch up?
Bitcoin ETFs outperform Ethereum, with BTC inflows surging while ETH ETFs struggle with outflows. Bitcoin’s dominance and first-mover advantage reinforce its lead over Ethereum in the ETF market. Bitc...
Australian Dollar declines on USD recovery, outlook bright
AUD/USD declines amidst rising risk-off sentiment. China’s PBOC keeps its 1-year MLF rate steady at 2.30%, which failed to trigger movements on the AUD. The RBA’s hawkish stance supports t...
Abra Settles SEC Charges Over Unregistered Securities Linked to Abra Earn Program
Abra Financial has come under regulatory scrutiny, resulting in a significant settlement with the U.S. Securities and Exchange Commission (SEC). The firm, once a pioneer in crypto lending, attracted s...
Presale Alert: Mpeppe’s Meteoric Rise Challenges Husky Inu’s Future
The meme coin landscape is rapidly evolving, with new contenders emerging to challenge established players. Among the most talked-about projects are Mpeppe (MPEPE) and Husky Inu (HINU), both of which ...
Canadian Dollar rises on Monday as markets recover footing
The Canadian Dollar rose another quarter percent against the Greenback. Canada has a fresh GDP update looming ahead later in the week. Markets are recovering their composure after a Fed splurge last w...
Crypto Bettors Still Have $6 Million Riding on Whether RFK Jr. Officially ‘Dropped Out’
The twice-disputed outcome of a Polymarket contest involving Robert F. Kennedy Jr. has proven controversial and remains unresolved. And some traders have leveraged the fracas online to stage long-shot...
Bitcoin Surge To $70,000 Looms as Price Breaches Long Consolidation ⋆ ZyCrypto
Advertisement     Bitcoin (BTC) started the week rather quietly, trading within a narrow range of around $64,000 early Monday. This stability followed a strong weekly close on Sunday, ...
SEC Charges Abra: Unregistered Securities and Investment Operations in the Cryptocurrency Industry
The recent actions by the U.S. Securities and Exchange Commission (SEC) reflect a tightening grip on the cryptocurrency sector. Abra, also known as Plutus Lending LLC, is now embroiled in litigation o...
DWF Labs Acquires $500K Worth of Toncoin in Support of Detained Telegram CEO
Andrei Grachev, managing partner of Web3 market maker DWF Labs, has purchased $500,000 worth of Toncoin to express support for Telegram founder Pavel Durov, who was recently detained in France. Grache...
Does Ethereum’s Founder Even Like DeFi? Vitalik Buterin Clears the Air
Ethereum has spent years under a torrent of criticism questioning whether its flagship use case—decentralized finance (DeFi)—has any real merit. Suddenly, one of the people spearheading those criticis...
Russia To Kickstart Crypto Exchanges & Payment Trials: Report
Russia has once again made headlines in the digital assets space, as a recent report showed that the nation is gearing up to start crypto exchange and payment trials. The report, citing people with kn...
Shiba Inu (SHIB) Prepares to Launch Decentralized Autonomous Organization (DAO) for Community Governance
Shiba Inu (SHIB), one of the largest meme coins, is set to establish a decentralized autonomous organization (DAO). The announcement made by Lucie, the marketing head of Shiba Inu, indicates that SHIB...