California regulator launches complaint-based crypto scam tracker
The Californian Department of Financial Protection and Innovation (DFPI) has launched a new crypto scam tracker to help traders and investors spot possible industry threats. On Feb. 16, the DFPI launched the tracker based on user complaints. It has compiled a list of crypto-related grievances by victims that claim to have been scammed or have […]
ApeCoin (APE) Tanks 10% Following $40M Token Unlock
The latest crypto project to unlock a batch of tokens is ApeCoin (APE). As predicted, its native coin APE has seen prices plummet in response. On Feb. 16, the nonfungible token (NFT) Bored Ape Yacht Club (BAYC) platform ApeCoin released 7.3 million APE coins on the market. At the time of the unlock, the coins […]
US SEC Slaps Lawsuit On Terra LUNA Creator Do Kwon
The U.S. Securities and Exchange Commission (SEC) is continuing its crackdown on the cryptocurrency space, and the latest target of its attention is Do Kwon, the creator of Terra LUNA. In May 2022, the Terra ecosystem suffered a major crash that cost investors more than $40 billion. The SEC has now filed a complaint against […]
Stablecoin War Intensified Amid Regulatory Crackdown
The move by Paxos to stop minting new BUSD tokens forced capital to run to rival stablecoins such as Tether’s USDT, which raised $1 billion within hours of the SEC’s crackdown on the crypto-regulated blockchain platform. This has sparked a Stablecoin War with new casualties, and the market share of Tether Holdings Ltd’s USDT has […]
Binance Adds CELR & FET on Cross Margin
Fellow Binancians, We are delighted to announce that Binance has added two new assets, CELR and FET, to our Cross Margin platform. Now, users can margin trade with the CELR/USDT and FET/USDT pairs. Margin trading is a great way to diversify your portfolio and make the most of the crypto market. With Binance Margin, you […]
Amazon gives money to Web3 space in a $20 Million round
Amazon has joined the growing list of tech giants investing in the Web3 space, with its recent participation in a $20 million funding round for Superplastic, a Web3-friendly studio that specializes in creating digital characters and collectibles. The funding round was led by venture capital firm Andreessen Horowitz, and also included participation from other notable […]
Gate.io integrates with Copper’s ClearLoop network amid fresh focus on custody
Cryptocurrency exchange Gate.io has partnered with digital asset custody firm Copper.co to fully integrate with its ClearLoop solution. This integration will allow users to quickly execute trades while maintaining independent custody of their funds. Gate.io founder and CEO Lin Han said in an emailed statement that joining Copper’s ClearLoop network is part of their broader […]
Shiba Inu Whale Scoops 50 Billion SHIB In Single Day After Earlier Ditching Bigger Amount
Shiba Inu Whale Scoops 50 Billion SHIB In Single Day After Earlier Ditching Bigger Amount The cryptocurrency market has been abuzz with the news of the Shiba Inu (SHIB) token since the start of 2023. Ryoshi, the creator of Shiba Inu, proposed a Layer 2 solution named Shibarium which has been teased by the lead […]
Ethereum Price Saw Key Technical Correction, But 100 SMA Is Still Strong
Ethereum price saw a key technical correction but the 100 Simple Moving Average (SMA) is still strong. The price had spiked above the $1,700 resistance before the bears took a stand. Ethereum is still trading above the $1,600 level and the 100 hourly SMA. A major bullish trend line is forming with support near the […]
Digital Surge To Make A Comeback After Recovery Plan
Australia-based crypto exchange Digital Surge is expected to make a comeback following the signing of the recovery plan on Wednesday, according to CoinDesk. Documents provided to the Australian Securities and Investments Commission (ASIC) reveal that stakeholders signed the recovery plan a day before the exchange was slated for liquidation. Creditors were alerted of the news […]