SEC Scores Default Win Against Thor Token Company and Founder David Chin

Advertisements Default judgements typically occur when the opposing party fails to take certain action, either failing to attend a trial or meet certain deadlines for filing documents. The U.S. Securities and Exchange Commission (SEC) has been awarded a default judgment against Thor Technologies and its founder David Chin on charges of conducting a $2.6 millionContinue reading “SEC Scores Default Win Against Thor Token Company and Founder David Chin”

Bitcoin Inches Closer to $30K as ETF Hope Drives Bulls

Advertisements Bitcoin forks led alternative token gains in the past 24 hours, outpacing major tokens. Bitcoin (BTC) climbed to highs of $29,300 in the past 24 hours, extending its weekly gains to over 9% as bullish sentiment around a possible spot bitcoin exchange-traded fund (ETF) approval in the U.S. gained momentum. Tokens formed by theContinue reading “Bitcoin Inches Closer to $30K as ETF Hope Drives Bulls”

Do Kwon’s SEC Case May Hinge on Role of Jump Trading, Court Documents Show

Advertisements Kwon has been accused of misleading investors about the terraUSD stablecoin, whose 2022 collapse ricocheted around the crypto world. A legal case against Do Kwon and his company, Terraform Labs, could hinge on the role of market maker Jump Trading, according to filings made in a New York court on Wednesday. The collapse ofContinue reading “Do Kwon’s SEC Case May Hinge on Role of Jump Trading, Court Documents Show”

DAO-Builder SuperDao Shuts Shop, Returns Investor Money

Advertisements The all-in-one DAO raised $10.5 million in 2021, leftover funds will be returned to investors. SuperDao, the platform that helps communities build their decentralized autonomous organization (DAO), has announced that it is shutting down and returning leftover money to investors. DAOs are blockchain-based organizations that are governed by code instead of leaders. The firmContinue reading “DAO-Builder SuperDao Shuts Shop, Returns Investor Money”

Bước sang năm thứ 5, dự án giáo dục tài chính Cha-Ching nâng tổng số trẻ em được trang bị kiến thức quản lý tài chính thông minh lên hơn 100.000

Advertisements Hơn 800 học sinh đã có mặt tại trường Tiểu học Số 1 Nam Lý, Quảng Bình để tham dự lễ phát động dự án giáo dục Tài chính thông minh Cha-Ching năm học 2023 – 2024. Tiếp nối sự thành công sau 4 năm triển khai tại Việt Nam, công ty TNHH BảoContinue reading “Bước sang năm thứ 5, dự án giáo dục tài chính Cha-Ching nâng tổng số trẻ em được trang bị kiến thức quản lý tài chính thông minh lên hơn 100.000”

Bitcoin Above $28K Buoyed by California ‘BitLicense’ Bill Being Signed

Advertisements The broader crypto market returned just over 1.24% on average in the past 24 hours, CoinDesk Market Index shows. Bitcoin (BTC) stood above the $28,400 level in European morning hours on Tuesday amid generally positive sentiment about the asset’s near-term future and a fundamental crypto law signed in the U.S., which likely helped buoyContinue reading “Bitcoin Above $28K Buoyed by California ‘BitLicense’ Bill Being Signed”

Lido Finance Sunsets Solana Staking Product After DAO Vote

Advertisements The staking service for SOL tokens will be discontinued over the coming months, developers said. Decentralized liquid staking giant Lido Finance has decided to discontinue accepting new requests for staking solana (SOL) token following Lido’s LDO token holders’ lopsided voting in favor of halting the service. Staking SOL on Lido is no longer availableContinue reading “Lido Finance Sunsets Solana Staking Product After DAO Vote”

Bitcoin Liquidity on Binance Plummeted During the ETF Rumor-Induced Market Rollercoaster: Kaiko

Advertisements Several traders experienced ‘slippage’ as liquidity declined across major exchanges. Binance has long been the world’s largest cryptocurrency exchange by trading volumes. Still, on Monday, traders looking to buy and sell bitcoin (BTC) quickly on Binance were at a relative disadvantage to their peers on Kraken and Coinbase (COIN), according to data tracked byContinue reading “Bitcoin Liquidity on Binance Plummeted During the ETF Rumor-Induced Market Rollercoaster: Kaiko”

Perpetual Trading Protocol GMX Bags Biggest Chunk of $40M Arbitrum Grant

Advertisements Arbitrum projects will receive token grants that may help attract new money to the popular blockchain. Several projects built on the Arbitrum blockchain have bagged a cumulative stash of $40 million in ARB tokens as part of a short-term incentives program (STIP) round that ended late Thursday. A tally shows 29 Arbitrum projects pitchedContinue reading “Perpetual Trading Protocol GMX Bags Biggest Chunk of $40M Arbitrum Grant”

Flare Network Will Burn 2.1B FLR to Support Ecosystem Health

Advertisements Some 198 million FLR will be burned immediately with a further 66 million set to be burned monthly until January 2026. The developer of Flare blockchain told CoinDesk on Friday that they will burn 2.1 billion FLR tokens to support ecosystem development and overall health. More than 2% of FLR’s total supply will beContinue reading “Flare Network Will Burn 2.1B FLR to Support Ecosystem Health”

Bitcoin Drops Below $27K, Ether Stable as Jim Cramer Pokes Bearish Calls

Advertisements Ether showed signs of stability after a nearly weeklong decline. Bitcoin slipped just under 1% in the past 24 hours as bearish calls among analysts including Jim Cramer, a former hedge fund manager and host of CNBC’s Mad Money, grew. Overall market capitalization lost 0.3%. Ether (ETH) showed signs of stability around $1,500 withContinue reading “Bitcoin Drops Below $27K, Ether Stable as Jim Cramer Pokes Bearish Calls”

Alameda Lost Nearly $200M to Phishing Attacks, Ex-Engineer Says

Advertisements Lax security practices seemed to be a feature of the former crypto trading titan. You’d expect big-name traders to ensure high levels of security and steps in place to protect against phishing attacks and hacks, both of which plague the crypto ecosystem. But not Alameda Research. The beleaguered Sam Bankman-Fried run trading company lostContinue reading “Alameda Lost Nearly $200M to Phishing Attacks, Ex-Engineer Says”

‘Mr. Bitcoin Is About to Go Down Big’: Jim Cramer Expects Lower Prices

Advertisements Cramer in 2021 said he sold most of his bitcoin holdings. Former hedge fund manager and host of CNBC’s Mad Money, Jim Cramer Tuesday evening continued with his recent bearish stance on crypto, a stark contrast to what another hedge funder said earlier that day on CNBC. “I can’t go out with gold becauseContinue reading “‘Mr. Bitcoin Is About to Go Down Big’: Jim Cramer Expects Lower Prices”

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