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Cryptocurrency

TerraUSD Stablecoin Scandal: SEC Sues Terraform Labs and Do Kwon for Deceiving Investors – Here’s What Happened

February 17, 2023

The US Securities and Exchange Commission (SEC) has sued Terra founder Do Kwon and his organization Terraform Labs for securities fraud.
“[The SEC] today charged Singapore-based Terraform Labs PTE Ltd and Do Hyeong Kwon with orchestrating a multi-bill…

Categories Cryptocurrency

Increase in Number of LATAM Workers Choosing to Get Paid in Crypto

February 17, 2023

More Latin American (LATAM) workers than ever are choosing to get paid in crypto, a new report has found – with suggestions that crypto winter has done little to dampen adoption in the region.
Bloomberg Linea reported that, per the Deel Lab for Global…

Categories Cryptocurrency

Chinese Tech Giant Tencent Announces ‘Personnel Reshuffle’ at Metaverse Unit, Dismisses Layoff Rumors – What’s Going On?

February 17, 2023

The dawn of 2023 has seen crypto assets break free of suppressive year-long price action, but with many in tech betting big on the metaverse at the start of 2022, things are getting ugly.
In an exclusive report from Chinese news outlet 36KR, it has be…

Categories Cryptocurrency

US Authorities Close In: Binance Expected to Pay Penalties for Regulatory Probes

February 17, 2023

Major crypto exchange Binance will likely pay monetary penalties to settle current investigations by the US authorities, the Wall Street Journal reported, citing the firm’s chief strategy officer.
According to Patrick Hillmann, the company is working …

Categories Cryptocurrency

Terra Luna Classic Price Prediction as the SEC Sues Terraform Labs and Do Kwon – Is LUNC in Trouble?

February 17, 2023

The Terra Luna Classic price has fallen to $0.00016791, with its 4.5% drop today following the news that the SEC is charging Terraform Labs and CEO Do Kwon “with orchestrating a multi-billion dollar crypto asset securities fraud.” LUNC remains up by 4….

Categories Cryptocurrency

While Floki Inu Price Explodes, These Lesser-Known Altcoins Could 10x

February 17, 2023

Floki Inu (FLOKI) rocked markets this week with a surprise +200% rally smashing a year of stagnant price action.
With FLOKI currently trading at $0.0000585 – a 24hr gain of +5.80% at the time of writing, investors are on edge to see just how high this…

Categories Cryptocurrency

China Begins Hong Kong ‘Cross-Border’ Digital Yuan Pilot

February 17, 2023

Shenzhen, China, has begun a retail-focused “cross-border” digital yuan pilot with Hong Kong.
China Banking and Insurance News (via JRJ) reported that the event is the brainchild of the central People’s Bank of China (PBoC) and the Luohu District loca…

Categories Cryptocurrency

XRP Price Prediction as XRP Falls 2.3% in 24 Hours – Where is the Next Support?

February 17, 2023

The XRP price has fallen by 3% in the past 24 hours, dropping to $0.387535 amid a marketwide fall today. It has now increased by 1% in a week and dipped by a very slight 0.2% in the last 30 days as the XRP community continues to wait for the conclusion…

Categories Cryptocurrency

Binance Accused of Moving $400 Million from U.S. Partner to CEO’s Trading Firm in Secret Scheme – Here’s the Latest

February 17, 2023

A new report shows that Binance moved more than $400 million from its purportedly independent U.S. partner to a trading firm managed by the company’s CEO, Changpeng Zhao.
Over $400 million flowed from the Binance.US account at California-based Silverg…

Categories Cryptocurrency

Bitcoin Shorts Get Obliterated as BTC Price Briefly Spikes Past $25K, Hits Eight Month High

February 17, 2023

Bitcoin short-sellers have taken a battering in the past two days. That’s according to data presented by crypto derivative analytics website coinglass.com, which shows liquidations in short Bitcoin future positions worth around $100 million across majo…

Categories Cryptocurrency

Best Crypto to Buy Today 16 February – MEMAG, RNDR, FGHT, OP, METRO, NEAR, CCHG

February 17, 2023

Despite the US government adopting a stricter regulatory approach towards digital currencies, Thursday has seen a robust rebound in the cryptocurrency market. Investors are now on the lookout for the best crypto to buy today, as the market continues to…

Categories Cryptocurrency

Today in Crypto: 24% of New Tokens in 2022 Similar to Pump-and-Dump Schemes, Mercuryo & ConsenSys Reveal Integration within MetaMask, Unstoppable Domains & Opera Expand Partnership

February 17, 2023

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________…
Read More: Today in Crypto: 24% of New Tokens in 2022 Similar to Pump-and-Dump Schemes,…

Categories Cryptocurrency

Binance, Huobi Freeze $1.4m Worth of Crypto in ‘North Korea-linked’ Wallets

February 16, 2023

The crypto exchanges Binance and Huobi have frozen “North Korea-linked” wallets containing “approximately $1.4 million in cryptoassets.”
Per a blog post from the blockchain analytics firm Elliptic and a report from MBC, the coins “originated from the …

Categories Cryptocurrency

Ethereum Price Prediction as $10 Billion Trading Volume Floods In – Has ETH Bottomed Out Already?

February 16, 2023

The Ethereum price has gained by 9% in the past 24 hours, rising to $1,689 as part of a marketwide rally caused in part by a short squeeze. Its current level means it has risen by 2% in a week and by 7% in a month, with today’s return largely compensat…

Categories Cryptocurrency

Abu Dhabi Goes All-In on Crypto With $2 Billion Investment Program for Web3 and Blockchain Startups

February 16, 2023

Abu Dhabi’s technology sector has introduced a fresh initiative to finance Web3 startups, blockchain technologies, and metaverse applications in the capital of the United Arab Emirates, with an impressive commitment of over $2 billion in capital.
The …

Categories Cryptocurrency

Bankrupt Crypto Lender Celsius Finds a Buyer for Platform to Restart Operations – Here’s the Latest

February 16, 2023

Digital asset investment firm NovaWulf Digital Management has reached a deal with crypto lender Celsius to buy its lending operations and help bring an end to its bankruptcy case.
Debtors of Celsius Network have presented the sale plan to the U.S. Ban…

Categories Cryptocurrency

Bitcoin Price and Ethereum Prediction: BTC Soars Towards $24K – How Far Can ETH Follow?

February 16, 2023

Bitcoin’s price has soared toward $24,500, and many are wondering how far it can go. At the same time, Ethereum’s value has been increasing, albeit at a slower pace than Bitcoin’s. In this article, we’ll look at how both cryptocurrencies are doing now …

Categories Cryptocurrency

Bitcoin Price Prediction as BTC Spikes Up Above $22,000  – Here’s Where It’s Headed Now

February 16, 2023

Bitcoin, the world’s largest cryptocurrency by market capitalization, has recently surpassed the $22,000 price level, which has reignited discussions about the digital asset’s future prospects. 
While Bitcoin has witnessed several price surges in the …

Categories Cryptocurrency

On-chain Digital Art Advocates Hope This Latest Major Donation Can Take The Space Forward

February 16, 2023

Pseudonymous digital art collector and writer behind popular digital art newsletter the Medici Minutes who goes by the Twitter handle @CozomoMedici recently announced a major on-chain donation to the Los Angeles County Museum of Art. According to a twe…

Categories Cryptocurrency

RobotEra: The Metaverse Crypto That Puts You in Control of Your Virtual World – How to Buy Early?

February 16, 2023

RobotEra, an upcoming metaverse crypto project, is an upcoming sandbox-like world-building metaverse that invites players to create, trade, explore, operate, and share in their own metaverse. 
By embodying robots in this metaverse, players will be abl…

Categories Cryptocurrency
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