Senators Elizabeth Warren and Chuck Grassley of the United States have made an official inquiry to Rostin Behnam, the head of the Commodity Futures Trading Commission (CFTC), requesting him to provide them with specific details. Senators have requested a detailed account of all interactions and correspondences, including meetings, phone calls, and emails, between Behnam and … Read more
Among all the strong-performing altcoins this year, Toncoin (TON) and Dogwifhat (WIF) have stolen the limelight with exceptional gains surpassing other notable ones such as Dogecoin (DOGE) and Shiba Inu (SHIB). Toncoin And WIF Lead The Way According to information from CoinMarketCap, Toncoin and WIF are the top-performing cryptocurrencies in the top 50 by market … Read more
The DOJ has put on hold its choice to designate Sullivan & Cromwell as Binance‘s independent monitor, expressing apprehensions over the law firm’s past connections with FTX. Sullivan & Cromwell were about to be assigned to ensure Binance adheres to a settlement pertaining to a $4.3 billion penalty for infringing U.S. anti-money laundering laws and … Read more
Brian Armstrong, the head of Coinbase Global Inc., an American cryptocurrency exchange, shared that his company’s design team is investigating how to apply Artificial Intelligence (AI) in their work. Coinbase AI Exploration In Design The crypto leader presented two instances demonstrating that Coinbase is experimenting with a specific AI model at present. “Create a text … Read more
Charles O. Parks III, a resident of Nebraska, is facing charges for wire fraud, money laundering, and operating an unlicensed money-transmitting business. According to allegations, Parks orchestrated a complex “cryptojacking” scam, illegally utilizing cloud-based computing resources to mine approximately $1 million worth of cryptocurrencies. According to the US Department of Justice’s report, Parks allegedly obtained … Read more
For seven straight weeks, the cryptocurrency market received a total of $12.3 billion. However, last week marked a change as CoinShares reported withdrawals amounting to approximately $942 million – the initial outflow since the extended period of inflows. Furthermore, the report notes that while trading volumes were substantial last week at $28 billion, this is … Read more
Elon Musk recently announced a fresh strategy on social media platform X to combat the issue of bots. According to updates on X’s website, Musk underlined the importance of charging new users a minimal fee as a crucial step in this battle. He explained that this approach is the “most effective method” for preventing bot … Read more
The price of XRP, Ethereum, and Bitcoin in China could potentially surge following the recent launch of a new ETF, according to Forbes. Crypto investors are already bracing for a significant increase in demand for these digital currencies as investors from Hong Kong and the United States compete to channel their funds into respective cryptocurrency … Read more
Bitcoin‘s (BTC) price decline has persisted for a third day, despite initial attempts at recovery. Bulls are attempting to maintain support at higher levels, relying on inflows from spot Bitcoin Exchange Traded Funds (ETFs) and the upcoming halving event. However, bearish traders argue that the anticipated rally may not materialize due to larger economic trends … Read more
The price of Polygon‘s token, MATIC, has dropped significantly, following the trend of most major cryptocurrencies during the recent market sell-off. Since the third week of March, MATIC has decreased by 46%, now trading at $0.69. Factors such as geopolitical tensions in the Middle East and Bitcoin‘s pre-halving correction are contributing to the market’s bearish … Read more