XRP Looks to Breach Valhalla Gateway at $2 Amid Multiple Closes Below 21 EMA – The Crypto Basic
XRP is currently on the verge of breaking through the “Valhalla Gateway” identified by market analyst EGRAG at the $2 threshold, with multiple monthly closes below the 21 EMA. Amid recent market uptrend that sees XRP retested $0.60 level, EGRAG updated X with its position on crypto assets. The market analyst called attention to past […]
‘Pig-butchering’ scams have cost crypto investors $75B: study
A recent study found that “pig-butchering” cryptocurrency scammers stole a staggering $75 billion from investors’ digital wallets, but the large-scale theft was primarily carried out by hard-to-police overseas criminal networks. It became clear that it was planned. The scam, which has proliferated during the pandemic, involves a scammer “butcher” starting a conversation with what initially […]
SEC's Hester Peirce Says Regulator's Approach to Crypto Has Been ’Strange’ – Decrypt
U.S. Securities and Exchange Commission Commissioner Hester Peirce uses the opportunity to take the stage at ETH Denver to maintain her criticism of the agency, express dissatisfaction with “regulation by enforcement” and approve Spot Bitcoin ETF He blamed the SEC for dragging its feet. “The Grayscale lawsuit essentially gave us the option to approve Bitcoin […]
Survivors of Oct. 7 terror attacks sue crypto giant Binance
Survivors of the October 7th terrorist attack (including victims of the Nova music festival massacre and the wife of an Israeli man currently held prisoner in Gaza) have reported that the world’s largest cryptocurrency exchange, Binance, has been accused of He was accused of providing “support”. Group by allowing funding on the platform. A deadly […]
Sam Bankman-Fried reportedly gives crypto tips to Brooklyn jail guards — here’s his top pick
Convicted FTX fraudster Sam Bankman Fried was passing cryptocurrency investment tips to prison guards at a notorious Brooklyn federal facility while awaiting sentencing, according to a report. The disgraced cryptocurrency guru, who was convicted last year of fraud and money laundering and faces more than 100 years in prison, continues to tell guards at the […]
Crypto firm Gemini to pay over $1 billion back to customers in settlement – The Verge
The virtual currency exchange operated by Gemini is promised to pay back $1.1 billion to customers as part of settlement reached Partnered with New York Department of Financial Services (NYDFS). Gemini will also have to pay NYDFS $37 million “for material failures that jeopardized the safety and soundness of the company.” NYDFS alleges that Gemini, […]
Crypto exchange Gemini will return $1.1 billion to customers in a settlement with NY regulators
Michael Lee, founder of Michael Lee Strategy, has joined Varney & Co. We discuss the action in the crypto market and his position on NVIDIA stock. Gemini Trust Company, the cryptocurrency exchange founded by billionaires Cameron and Tyler Winklevoss, will refund $1.1 billion to customers who invested in its defunct loan program, New York regulators […]
Winklevoss crypto firm Gemini to return $1.1bn to customers – BBC.com
Written by Peter Hoskins business reporter 57 minutes ago image source, Getty Images image caption, Tyler Winklevoss and Cameron Winklevoss Cryptocurrency exchange Gemini has agreed to return at least $1.1 billion (£870 million) to customers of its defunct lending program as part of a settlement with the New York Department of Financial Services (NYDFS). The […]
Crypto exchange Coinbase suffers outages amid bitcoin rally
Cryptocurrency exchange Coinbase encountered a technical problem on Wednesday as the world’s largest cryptocurrency soared to its highest value in more than two years. Coinbase support assured all users that funds on the cryptocurrency exchange are safe and that its team is investigating the incident. Post to Xthe platform formerly known as Twitter. “We are […]
Bitcoin ETFs see record high trading volumes as retail investors jump on crypto rally – CNBC
Retail traders appear to be using a new tool in this massive rally in Bitcoin: exchange-traded funds. These funds, launched last month, have seen a surge in trading volume this week as Bitcoin continues to rally. For example, iShares Bitcoin Trust (IBIT) had already seen more than 61 million shares change hands by early Wednesday […]