Author: NBTC
The U.S. Securities and Exchange Commission (SEC) has published an investor alert about cryptocurrencies. The SEC has stated that fraudsters tend to leverage innovative investment technologies in order to perpetuate investment scams. Fraudsters particularly aim to exploit the hype surrounding artificial intelligence (AI) technologies in order to attract potential victims. Fraudsters might use attractive buzzwords in order to promote their scams. Moreover, these bad actors might also rely on cutting-edge AI tech in order to fake their identity. The rapid growth of AI has made it much easier for fraudsters to impersonate government agencies as well as prominent individuals (such…
In a move that has sparked interest in the cryptocurrency industry, 5,000 BTC worth about $351 million was mysteriously transferred between wallets. This large transaction has sparked curiosity as the Bitcoin price steadied above $70,000 after seesaw movements during the week. Crypto data tracker Whale Alert reports that “5,000 BTC worth $351,342,888 was transferred from an unknown wallet to an unknown wallet.” 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 5,000 #BTC (351,342,888 USD) transferred from unknown wallet to unknown wallethttps://t.co/5CEB0ibSZe — Whale Alert (@whale_alert) April 12, 2024 The transaction involved a Bitcoin whale — a term used…
The U.S. Securities and Exchange Commission (SEC) confirmed yesterday it has approved critical rule changes to allow for exchange-traded funds holding Ethereum’s native token, ETH. A lot of people were caught off guard, considering that just last week nearly everyone – from Bloomberg analysts to prediction markets – thought it was a lost cause. Note: The views expressed in this column are those of the author and do not necessarily reflect those of CoinDesk, Inc. or its owners and affiliates. It never really made sense to me why SEC Chairman Gary Gensler would hold out on approving these spot ETH…
Crypto and decentralized finance wallet provider Fordefi said Wednesday it is expanding to the booming Indonesian market with powering local cryptocurrency trading platform Pintu’s web3 wallet offering. The move is part of Fordefi’s plan to introduce its offering, mostly used by institutional participants such as Pantera Capital and market maker Keyrock, to exchanges, fintech platforms that serve retail investors. Pintu’s 20 million users will be able to self-custody their digital assets and access decentralized applications with Fordefi’s tech in the backend, while benefiting from security features such as transaction simulation and risk alerts. Fordefi aims to make crypto safer with…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. One of the hottest meme coin presales to set tongues wagging right now is the WienerAI ICO. In little more than 5 days, more than $350,000 has been invested into this new project. So why all the hype? Let’s find out. WienerAI is a dog-themed meme token that is set to take the world by storm. Due to its artificial intelligence infrastructure, WienerAI has been built in order to facilitate any potential upgrades in the future making the coin…
NYSE President Lynn Martin is open to offering crypto trading, but the lack of clear regulatory guidance is an obstacle, she says. U.S. regulatory environment will improve in the next couple years regardless of the election outcome, Tom Farley, the CEO of Bullish and Martin’s predecessor at NYSE, predicted. AUSTIN, TX — The New York Stock Exchange would consider offering cryptocurrency trading if the regulatory status of such an expansion by the stock market giant was clearer, the company’s president said. “If there was clear regulatory guidance [in the U.S.], it would be an opportunity to look at,” Lynn Martin…
Bitcoin (BTC) has yet again demonstrated its resilience and potential for significant gains. This is according to ARK Invest’s latest report, “The Bitcoin Monthly,” covering the events of March 2024. BTC’s price reached a new all-time high (ATH) of $73,737 in March, marking an approximately 18.5% gain from the start of the month. The price level also represents a nearly 75% surge during Q1 2024. However, after achieving this ATH, BTC entered a period of consolidation. Bitcoin Market Remains Bullish Despite Profit-Taking ARK Invest’s analysis highlights that the market sentiment remains robust despite significant profit-taking by long-term holders. This trend…
Spot Ethereum ETFs have finally received the greenlight after a period of uncertainty. Thursday’s approval not only marked a milestone for Ethereum but also a positive development in the US regulatory approach to crypto. This article will provide more insights into the recent approval, its potential motivation, and implications for the industry. An overview of spot Ethereum ETF approval On May 23, the US Securities and Exchange Commission (SEC) approved the 19b-4 forms associated with eight spot Ethereum ETFs. These include Blackrock’s iShares Ethereum Trust, VanEck Ethereum Trust, Fidelity Ethereum Fund, ARK 21Shares Ethereum ETF, Franklin Ethereum ETF, Bitwise Ethereum…
Aquarius Fund has invested in Pencils Protocol. This is a good news for both businesses and the crypto industry as a whole. Known as a venture capital and liquid fund, Aquarius has been leading in on-chain liquidity management and market support from 2018. 👏We are thrilled to announce that @Aquarius_Fund has invested in Pencils Protocol!🤝Together, Pencils Protocol will work closely with Aquarius on institutional staking and liquidity.🔥Aquarius recently launched a multi-strategy liquidity fund, managing assets worth $600… pic.twitter.com/9RC2NCKX8D — Pencils Protocol (PenPad) (@pencilsprotocol) May 29, 2024 Pencils Protocol Gains from Aquarius’s $600M Liquidity Fund This partnership looks bright for Pencils…
Cat-themed token PAJAMAS soared over 500% over the past seven days and shows the largest growth of Solana-based meme coins of this period, shows data aggregator CoinGecko. The token is inspired by the cat of the same name which starred in the first cat video on YouTube, and is also the pet of Steve Chen, one of the video platform co-founders. PAJAMAS price over the last seven days. Image: CoinGecko The sharp price increase started between April 21 and 22, when Chen took the role of team member of the meme coin. On April 22, Canadian crypto services provider BitNational…