October 3, 2022

Will ApeCoin’s latest attempt of initiating a rally stop APE from monkeying around

Will ApeCoin’s latest attempt of initiating a rally stop APE from monkeying around

The ApeCoinDAO was on a consistent path of making progress with regards to strengthening its DAO and community in the past. Recently, the DAO updated the ApeCoin community on its plans related to the governance protocol in the near future. Furthermore, the governance also shared plans of launching their own marketplace. Given the current scenario in the crypto market and …

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No more crypto promos for Kim Kardashian, rules SEC

No more crypto promos for Kim Kardashian, rules SEC

A-list celeb Kim Kardashian will have to fork over $1.26 million to the Securities and Exchange Commission (SEC) after she was charged with unlawfully shilling a dodgy crypto token to her more than 200 million Instagram followers. Last year, Kardashian joined the likes of Jake Paul and Floyd Mayweather Jr in promoting a crypto asset called EMAX …

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XRP price could rally by 50% based off comments from a former SEC director

XRP investors are hopeful that a potential court victory against the SEC could send the altcoin price at least 50% higher. ALTCOIN WATCH   XRP is hoping that the token could see a massive price rally in 2022 based off the fingers-crossed assumption that Ripple will win its long-running legal battle against the U.S. Securities and …

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Bitcoin Trading Volume Picking Up Again – End of Bear Market?

Bitcoin Trading Volume Picking Up Again – End of Bear Market?

Bitcoin’s trading volume has steadily expanded since mid-June while the trading volumes of other top capital assets have declined, indicating that the leading crypto could be increasingly  considered a “safe haven” for traders fleeing other asset categories, according to a recent analysis by crypto-focused market intelligence platform Santiment. “Trader interests are beginning to return to …

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Japanese prime minister says gov’t investment in digital transformation will include Metaverse, NFTs

According to Fumio Kishida, the government of Japan’s investment in digital transformation included issuing NFTs to local authorities using digital solutions. NEWS   Fumio Kishida, the prime minister of Japan since 2021, has said the government will be making efforts to promote Web3 services, including those dealing with nonfungible tokens, or NFTs, and the Metaverse. In …

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Transit Swap: Decoding the curious case of lost-and-partially found

Transit Swap: Decoding the curious case of lost-and-partially found

On 1 October, 2022, Transit Swap, was the latest victim of a hack wherein the organization lost $23 million. However, within 24 hours of the attack, the DEX aggregator received 70% of the stolen $23 million. This was due to a swift response from many blockchain security firms. The DEX aggregator lost the funds on 1 …

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Ark Invest Jumps Into Crypto SMA Arena

Ark Invest Jumps Into Crypto SMA Arena

Move comes a few weeks after Franklin Templeton offered its first crypto-focused SMAs via Eaglebrook Advisors’ platform Eaglebrook CEO says firm has “a pipeline of large asset managers” looking to move into crypto space A fund group known for its investments in cutting-edge technology is set to bring its first crypto separately managed accounts (SMAs) …

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FTX, Haun Ventures back  million raise for ex-Amazon and Uber vets’ new DeFi platform

FTX, Haun Ventures back $14 million raise for ex-Amazon and Uber vets’ new DeFi platform

QUICK TAKE Investing heavyweights FTX Ventures, Paradigm and Haun Ventures back new DeFi platform Exponential.  The startup, founded by ex-Amazon and Uber veterans, raised a $14 million seed round.  Decentralized finance platform Exponential has raised $14 million in a seed round led by Paradigm.  Other backers include FTX Ventures, Haun Ventures and Circle Ventures, as well as over 80 …

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Kim Kardashian Charged by SEC for Promoting EthereumMax, Pro-Russian Paramilitary Raised Crypto Worth 0K, Crypto Exposure by Banks 0.14% + More News

Kim Kardashian Charged by SEC for Promoting EthereumMax, Pro-Russian Paramilitary Raised Crypto Worth $400K, Crypto Exposure by Banks 0.14% + More News

Legal news Kim Kardashian has been charged by the US Securities and Exchange Commission (SEC) with unlawfully touting a crypto security offered and sold by EthereumMax without disclosing the payment she received for the promotion on social media. Kardashian agreed to settle the charges, pay $1.26 million in penalties, disgorgement, and interest, and cooperate with the Commission’s ongoing investigation, …

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Sam Bankman-Fried markets Celsius bid as altruism for users

Sam Bankman-Fried markets Celsius bid as altruism for users

On Sunday, crypto bigwig and investor Sam Bankman-Fried claimed that if his crypto exchange FTX would buy-out bankrupt Celsius Network, it would be to get money back to customers — just like Voyager’s takeover. “To be clear — in Voyager, our bids are generally determined by fair market price, no discounts;” Bankman-Fried wrote in a Twitter reply. …

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