Author: Crypto News
Last updated: April 9, 2024 14:18 EDT | 2 min read A desk with a gavel with cryptocurrencies and a scale. Former Ethereum advisor Steven Nerayoff is suing the U.S. government for $9.6 billion over personal damages caused by false charges brought against him and its alleged cover-up of federal agents’ failings in the case against him, according to a Tuesday court filing.Originally shared by Fox Business journalist Eleanor Terrett, the lawsuit alleges that Nerayoff’s “well-being, personal life, and career were irreparably harmed” as a “direct and proximate result of the wrongful conduct of federal agents” following the government’s now…
Last updated: April 9, 2024 13:53 EDT | 2 min read Coinbase legal chief Paul Grewal urged the United States Congress on April 9 to swiftly enact stablecoin legislation to counter the illicit use of crypto. The executive’s plea comes ahead of the April 10 Senate Banking trial on countering illicit finance, terrorism, and sanctions evasion.Paul Grewal expressed his concern in a thread post on X. According to him, the only way to address the issue of illicit financing through crypto, despite being a small fraction, was through effective stablecoins legislation.Coinbase Legal Chief Believes Stablecoin Regulation Key to Stopping Illicit…
Last updated: April 9, 2024 13:40 EDT | 2 min read Base Chain Ecosystem Sees 3x Rise In TVL As This New Base Crypto Presale Raises $450,000 / Source: Cryptonews Ethereum layer-2 scaling blockchain Base, which was launched by Coinbase last year, is enjoying explosive growth in its ecosystem, is enjoying explosive growth this year amid a meme coin craze, with a new Base crypto presale called Dogeverse recently surging past $450,000 in funds raised.Since the start of 2024, the value locked (TVL) in Base smart contracts has tripled to $1.775 billion from $518.53 million on December 31, according to…
Last updated: April 9, 2024 13:12 EDT | 2 min read As retail investors flock to Crypto Twitter (X), influencer Ansem has gone viral, and now the ANSEMWIF spin-off coin is the latest Solana meme coin to explode.This article will analyze ANSEMWIF’s current price trends and examine whether an innovative new meme coin, DOGEVERSE, represents a more promising investment opportunity at this time. We doing good $ANSEMWIF https://t.co/sGPKVssYRg — cryptocatbrothers.eth (@babyface_cairo) April 8, 2024Despite not being officially approved by Ansem, the DEX market mill never stops, and ANSEMWIF has exploded in a viral parody of Ansem’s legendary early WIF call.ANSEMWIF…
Last updated: April 9, 2024 10:59 EDT | 2 min read Web3 infrastructure provider Metaplanet (3350) has seen a surge in its Tokyo-listed stock by nearly 90% within just two days after adding $6.56 million worth of Bitcoin (BTC) to its balance sheet. According to data from Google Finance, the company’s shares are currently trading at 36 yens, up by 89% over the day. The surge is largely attributed to Metaplanet’s move to add Bitcoin to its balance sheet, which came in collaboration with Sora Ventures, Mark Yusko from Morgan Creek Capital, and other prominent partners.Metaplanet, previously known as Red Planet and operating…
Prodigy Flip, the First ever AI Mobile Crypto Trading application, is eagerly anticipated for release this Summer by the esteemed Prometheum Prodigy Team. This innovative platform promises to transform the landscape of cryptocurrency trading by offering an array of cutting-edge features and functionalities.The Prodigy Flip crypto trading mobile app is poised to revolutionize the way cryptocurrency traders engage with the market. Boasting a decentralized multi-chain exchange, it provides traders with access to a secure platform where their assets are safeguarded within Prodigy Flip’s defi wallet. This ensures utmost security and peace of mind for users.One of the standout features of…
Last updated: April 9, 2024 10:03 EDT | 2 min read Binance CEO Richard Teng stated that the exchange is in talks with a few different jurisdictions about selecting a new headquarters location, but has not made a choice as of publication.It has been a long-standing concern that the biggest crypto exchange in the world lacks a headquarters. Something that Former Binance CEO Changpeng Zhao either neglected to discuss or completely dismissed, wanting to “embrace the decentralized model”, as stated in a 2021 interview. Although he did acknowledge the need for one, saying “We have come to realize that for…
According to the public information of Coinmarketcap, the authoritative crypto market platform, institutional-level digital asset trading platform BiFinance has been officially included in the list recently. The latest data as of March 29 shows that BiFinance ranked among the top 60 global crypto exchanges just two weeks after landing on Coinmarketcap.Source: CoinmarketcapAbout Coinmarketcap:CoinMarketCap is the world’s most cited crypto asset price tracking website in the rapidly growing cryptocurrency space. Its mission is to make cryptocurrencies discoverable and efficient globally by providing retail users with unbiased, high-quality and accurate information to draw informed conclusions on their own.Founded by Brandon Chez in…
Last updated: April 9, 2024 06:53 EDT | 2 min read Fake Elon Musk YouTube streams supposedly promoting crypto schemes aren’t new. On Monday, total solar eclipse, that dazzled millions in the US, was allegedly livestreamed by a fake SpaceX YouTube channel.The live telecast featured business tycoon and SpaceX CEO Elon Musk’s AI-generated speech, promoting a crypto investment scheme.“The stream shows a deepfake of Elon Musk asking users to scan a QR code on the screen and deposit cryptocurrencies to have them doubled,” research group and iOS developer Mysk flagged first. Woow! A verified @YouTube account is impersonating @SpaceX’s account…
Last updated: April 9, 2024 07:13 EDT | 2 min read Billionaire Arthur Hayes has expressed a cautious view regarding the upcoming Bitcoin halving and the effects it will have on the price of the asset. While many experts anticipate a significant rally for Bitcoin following the halving event, Hayes believes that the price action before and after the event could actually be negative. In a blog post published on April 8, Hayes pointed out that the prevailing narrative surrounding the halving is that it will have a positive impact on crypto prices. However, he cautioned that when the market consensus leans heavily towards a…