The host of the Coin Bureau channel, Guy Turner, is offering his price projections for Solana (SOL) competitor Sui (SUI). Turner tells the 2.48 million subscribers of the Coin Bureau YouTube channel that Sui possesses “serious potential” over the long term. On the reasons for his bullish thesis, the Coin Bureau host says, “[Sui] meets …
Monthly archives: June 2024
ARK Invest Withdraws from Spot Ethereum ETF Application with 21Shares
TLDR ARK Invest has ended its partnership with 21Shares for the proposed spot Ethereum ETF. The fund has been rebranded from Ark 21Shares Ethereum ETF to 21Shares Core Ethereum ETF. ARK Invest and 21Shares will continue their collaboration on other projects, such as the ARK 21Shares Bitcoin ETF. The SEC recently approved 19b-4 forms for …
Continue reading “ARK Invest Withdraws from Spot Ethereum ETF Application with 21Shares”
Worldcoin Officially Launches in Colombia
Worldcoin, the iris-scanning biometric proof-of-personhood project, announced on Thursday the launch of its operations in Colombia. Via social media, the project reported that eye-scanning operations were already available in Bogota and Medellin, for World ID users. Currently, only ten locations with orbs (iris scanning machines) are available, six in Bogota and four in Medellin. Nonetheless, …
Continue reading “Worldcoin Officially Launches in Colombia”
Turkey Detains 127 Crypto Ponzi Scheme Co-Conspirators, Seizes Assets Worth Over $31 Million
According to Turkish authorities, the country’s law enforcement agencies have disrupted a criminal syndicate that lured unsuspecting residents into investing in a Ponzi scheme disguised as a cryptocurrency investment. The syndicate is reported to have swindled $1 billion from investors who were deceived by the scammers’ promise of high profits and zero risks. During the …
SEC Issues Investor Alert Highlighting 5 Common Crypto Scams
The SEC’s Office of Investor Education and Advocacy has issued an alert, highlighting five common crypto scams investors should watch out for to avoid losing money. The SEC warns that fraudsters exploit cryptocurrency popularity with sophisticated techniques, making fund recovery difficult. For example, “Fraudsters may conduct pump-and-dump schemes with crypto assets, including so-called ‘memecoins’ that …
Continue reading “SEC Issues Investor Alert Highlighting 5 Common Crypto Scams”
Top Analyst Issues Warning on Memecoin That’s Exploded Over 3,800% Year-to-Date, Updates Outlook on Solana
A widely followed cryptocurrency analyst and trader is warning that a Solana (SOL)-based memecoin looks primed for an epic collapse. The analyst pseudonymously known as Bluntz tells his 260,700 followers on the social media platform X that dogwifhat (WIF) could lose around 70% of its value from current levels. The crypto strategist says that WIF …
Biden vetoes resolution to overturn of SEC’s controversial SAB 121
US President Joe Biden vetoed H.J. Res. 109, which aimed to overturn the of the SEC’s controversial SAB 121 rule, on May 31. Biden wrote that SAB 121 represents the “considered technical” views of SEC staff. He added that the resolution would constrain the SEC’s ability to set guardrails and address future issues and risks …
Continue reading “Biden vetoes resolution to overturn of SEC’s controversial SAB 121”
21Shares drops Ark from ETH ETF as remaining applicants meet SEC deadline
Biden vetoes resolution to overturn of SEC’s controversial SAB 121 Regulation 2 seconds ago US President Joe Biden vetoed H.J. Res. 109, which aimed to overturn the of the SEC’s controversial SAB 121 rule, on May 31. Biden wrote that SAB 121 represents the “considered technical” views of SEC staff. He added that the resolution …
Continue reading “21Shares drops Ark from ETH ETF as remaining applicants meet SEC deadline”
Survey: 77% Believe Presidential Candidates Should Be Informed on AI and Crypto
The Grayscale-Harris Poll survey, conducted in April-May 2024, reveals crucial insights into American likely voters’ views on cryptocurrency and its potential impact on the upcoming presidential election. The survey, involving over 2,000 adults, highlights key trends such as high interest in crypto among young, minority, male, and Democratic voters. Significant findings include 97% of likely …
Continue reading “Survey: 77% Believe Presidential Candidates Should Be Informed on AI and Crypto”
Global Crypto Ownership Reaches 562 Million: 6.8% of World Population Now Own and Use Digital Currencies
A new report reveals that 562 million people globally now own digital currencies, an increase from 420 million in 2023, making up 6.8% of the world’s population. Asia is at the forefront of this growth, with North America close behind. Overall, cryptocurrency adoption is rising worldwide, with notable increases seen across all continents. ‘562 Million …
Estonian Nationals Extradited to US for $575M Crypto Fraud
Two Estonian nationals have been extradited from Estonia to the U.S. to face charges for their roles in “a massive multi-faceted cryptocurrency Ponzi scheme,” according to an announcement by the U.S. Department of Justice (DOJ). Sergei Potapenko and Ivan Turõgin are accused of operating a $575 million Ponzi scheme involving the fraudulent cryptocurrency mining service …
Continue reading “Estonian Nationals Extradited to US for $575M Crypto Fraud”
President Biden Vetoes SEC SAB 121 Repeal Resolution
U.S. President Joe Biden issued a veto against H.J.Res. 109, a resolution that would disapprove of the Securities and Exchange Commission’s (SEC) Staff Accounting Bulletin No. 121 (SAB 121). In its veto document, Bides states that the approval of this Republican-led resolution would “inappropriately constrain the SEC’s ability to set forth appropriate guardrails and address …
Continue reading “President Biden Vetoes SEC SAB 121 Repeal Resolution”
New York Tightens Customer Service Regulations for Crypto Companies
The New York State Department of Financial Services (DFS) has introduced new guidance mandating regulated cryptocurrency entities to implement customer service policies and procedures. Crypto entities must collect data to ensure timely and fair resolution of issues, maintain records for regulatory review, and provide quarterly analyses. New York Regulator Requires Crypto Firms to Adopt New …
Continue reading “New York Tightens Customer Service Regulations for Crypto Companies”
Penguiana Doubles Market Cap to Over $2.5 Million Ahead of GUIANA NFT Mint
Penguiana, the distinctive penguin-themed meme coin on the Solana blockchain, continues to captivate the crypto community, achieving a new milestone by doubling its market cap to over $2.5 million according to Dexscreener. This surge in valuation underscores the strong investor confidence and community enthusiasm surrounding the project, especially with the impending launch of the GUIANA …
Continue reading “Penguiana Doubles Market Cap to Over $2.5 Million Ahead of GUIANA NFT Mint”
Dogecoin Mobile P2E Meme Coin Competitor PlayDoge Price To Skyrocket 170x, Lowest Ever Presale Price Ends Soon
Dogecoin mobile P2E (play-to-earn) challenger PlayDoge has only hours to go before the presale token price rises. In barely two days since its launch the […] Go to Source