Tag: crypto news

A new Ethereum based currency STOPELON has been launched purely to limit Musk’s influence over the volatile market

A new cryptocurrency called Stopelon has been launched to limit Musk’s influence over the volatile market. STOPELON is currently worth $0.000015 with a market capitalization of around $8 million, though this is...

Six people connected to a $36M crypto scam arrested, scheme operated from multiple locations in Europe

Authorities in Germany launched a massive operation that cracked down on a sophisticated crypto scam, resulting in the arrest of six people in different European countries. Initial reports state that such a...

Fear is covering the market when Bitcoin price have not yet shown any positive recovery signal, even the downward momentum is getting stronger

Fear is covering the market when Bitcoin price and large-cap Altcoin series have not yet shown any positive recovery signal, even the downward momentum is getting stronger. Bitcoin price today: Cryptocurrency market panic,...

Fitch Ratings: CBDCs may disrupt financial systems if Risks not managed

Fitch Ratings asserts that central bank digital currencies (CBDC) could disrupt financial systems as a result of disintermediation and cybersecurity threats. Financial credit rating agency Fitch Ratings released a research report on May 17 on...

SEC claims XRP Holders are “Too Partial,” citing physical violence references

The U.S. Securities and Exchange Commission has filed another reply memorandum of law, opposing XRP holders’ intervention in the Ripple case.The agency states that they cannot appear as amici curiae (“friends of the court”)...

US securities regulator issues warning on BTC futures-exposed mutual funds

The U.S. Securities and Exchange Commission (SEC) has warned investors to be aware of the risks of digital currency futures in mutual funds, in its latest investor warning over digital currencies. The regulator, which is...

Elon Musk no longer the world’s second-richest person

Tesla’s rapidly decreasing stock prices have harmed its CEO’s net worth. Consequently, Elon Musk is no longer the second-richest person on Earth. Tesla’s CEO, Elon Musk, has lost his spot as the world’s...

Crypto could spark creative solutions, says billionaire Chris Sacca

Billionaire investor Chris Sacca believes cryptocurrencies’ environmental problems could spark creative solutions. The founder of Lowercase Capital admitted to holding a variety of cryptocurrencies, including bitcoin (BTC) and ethereum (ETH). “The climate impact bums...
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