The US Securities and Exchange Commission (SEC) recently announced charges against SafeMoon, its creator Kyle Nagy, the company’s CEO, John Karony, and CTO, Thomas Smith. The SEC alleges that these individuals orchestrated a “massive fraudulent scheme” involving the unregistered sale of SafeMoon (SFM), a “crypto asset security” as defined by the …
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In a recent report by Messari, the analysis sheds light on the developments and challenges faced by Binance Chain (BNB), the blockchain created by Binance, the world’s largest cryptocurrency exchange regarding trading volume. The report highlights the separation of BNB Chain from Binance and various events and allegations that have …
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The XRP Ledger (XRPL), a decentralized public blockchain developed by David Schwartz, CTO of Ripple Labs, has continued to evolve and show growth in the third quarter (Q3) of 2023, as highlighted in a recent report by Messari. The XRPL, facilitating cross-currency and cross-border payments for over a decade, has …
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Recently, the cryptocurrency community has witnessed a heated dispute between the protocol Floki Inu (FLOKI) and the crypto exchange Bitget. The controversy arose following Bitget’s listing of TokenFi (TOKEN) and subsequent accusations of market manipulation, unauthorized listing, and insufficient solvency. Bitget Faces Allegations Of Market Manipulation On October 27, 2023, …
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In an in-depth research report by Jake Pahor, a Web3 researcher and analyst, Chainlink (LINK) is compared to Google in the cryptocurrency space. This analysis sheds light on how Chainlink is “revolutionizing” the industry, driving institutional adoption, and shaping the decentralized future. Let’s delve into the key findings of Pahor’s …
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In a recent X (formerly Twitter) post, renowned crypto expert Miles Deutscher provided valuable insights into his weekly tokens and narrative watchlist, focusing on critical altcoins and upcoming events with significant trading potential. Altcoins Poised For Potential Breakout Deutscher’s analysis sheds light on several altcoins, including Solana (SOL), SingularityNET (AGIX), …
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Cardano (ADA), a Proof-of-Stake (PoS) Layer-1 (L1) smart contract network launched in 2017, experienced a largely quiet Q3 2023 in the overall crypto market. However, the network faced challenges with a decline in ADA’s price and revenue. Despite these setbacks, Cardano showcased growth in its treasury balance, stablecoin market cap, …
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In a significant development for the crypto industry, the United Kingdom’s His Majesty’s Treasury (HMT) has released its long-awaited update on the regulatory framework for crypto assets. According to Brian Quintenz, Head of Policy at a16z Crypto, a venture capital fund, the announcement signals the UK’s commitment to fostering an …
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Amid the long-awaited approval of a Bitcoin ETF by the US Securities and Exchange Commission (SEC), the price of BTC has seen a remarkable surge of 23% over the past fourteen days. However, SEC Chair Gary Gensler, who has been at the forefront of the SEC’s crackdown on the crypto industry, …
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Changpeng Zhao, widely known as CZ and the founder of Binance, one of the largest cryptocurrency exchanges, has suffered a significant blow to his fortune. According to a recent Bloomberg report, CZ’s wealth plummeted by $12 billion due to the ongoing slump in crypto-trading activities. Per the report, this decline …
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The cryptocurrency industry is abuzz with excitement and speculation as the long-awaited approval of the first-ever Bitcoin spot exchange-traded fund (ETF) in the United States draws closer. With the potential to significantly impact BTC’s price and market capitalization, industry experts and enthusiasts eagerly await the decision of the US Securities …
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NEAR Protocol, a Blockchain Operating System (BOS), demonstrated notable growth in the third quarter of 2023, defying the challenging conditions of the overall cryptocurrency market. According to a recent report by Messari, key metrics for NEAR Protocol surged significantly over the past month, buoyed by recent price increases across the …
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