Browsing:Crypto

Top meme coins like DOGE & SHIB
8 months ago 4 mins read

The Top Meme Coins: Dogecoin & Shiba Inu Got A Major Boost In The US & Big Eyes Infinity Presale Is Soaring

Every crypto investor knows how meme coins can offer the highest ROIs in the market. Following the Shibarium Layer-2 launch, the Shiba Inu (SHIB) price has risen. Additionally, SHIB has become an official payment option on Bitpay along with Dogecoin (DOGE). Customers can now use these top meme coins to make payments in the US, which, of course, brings them huge utility in the physical world. Another meme coin is making investors’ heads turn, Big Eyes Infinity (BIGINF), as it looks to power the Big Eyes’ venture into GameFi and Play-to-Earn games. Why Meme Coin Adoption In The US Means

Singapore's law enforcement has seized $735 million from ten individuals in connection with a crypto money laundering scheme
8 months ago 1 min read

Over $700 Million in Crypto Seized by Singapore Police Amid Money Laundering Probe

Singapore’s law enforcement has apprehended ten individuals in connection with a money laundering scheme, resulting in the seizure of assets valued at around S$1 billion ($735 million), including a significant amount of crypto These arrests, unveiled on Wednesday, are tied to allegations of forgery, money laundering, and evasion of arrest. Authorities have moved to confiscate an array of valuable assets, encompassing 94 real estate properties, 50 automobiles, and pertinent documents related to digital assets. While the exact valuation of the seized digital holdings remains undisclosed, the case also led to the freezing of bank accounts connected to the illicit activity,

Dubai Imposes $2.7 Million Fine on OPNX for Market Offense
8 months ago 1 min read

OPNX Hit with $2.7 Million Penalty by Dubai Authorities Over Market Violation

The Virtual Asset Regulatory Authority (VARA) of Dubai has imposed a hefty fine of $2.7 million on the cryptocurrency project OPNX, helmed by the creators of the now-defunct digital asset hedge fund Three Arrows Capital (3AC). This stern action follows a previous reprimand issued by VARA in May. While the project’s founders and CEO have settled their fines, VARA has expressed concern over OPNX’s non-payment and is contemplating additional measures against the platform. In a recent enforcement notice dated August 16, 2023, VARA disclosed that OPNX has yet to fulfill a fine of 10 million AED ($2.72 million) levied against

SHIB Sees 9% Decrease Amidst Shibarium Bridge Challenges
8 months ago 2 mins read

SHIB Faces 9% Decline as Shibarium Bridge Encounters Troubles

In a significant turn of events, Shiba Inu (SHIB) tokens have encountered a 9% decline over the past 24 hours, attributed to reported bridging issues stemming from the highly anticipated launch of the Shibarium network. The network’s debut, heralded with great excitement, was marred by transaction stalls and operational setbacks, casting a shadow over the much-anticipated ecosystem. Blockchain data has revealed that transactions within the Shibarium network came to an abrupt halt, persisting for a span of at least five hours. During this period, users encountered difficulties transferring a substantial sum of assets, including 954 ether (ETH) valued at $1.7

Shiba Inu's Cutting-Edge Shibarium Tier 2 Solution Goes Live
8 months ago 1 min read

Shiba Inu’s Shibarium Tier 2 Solution Officially Launches

Shiba Inu (SHIB), the cryptocurrency that once captured attention as a memecoin, has taken a significant step forward in its evolution. The project has introduced Shibarium, a layer-2 blockchain network built atop Ethereum that operates using SHIB tokens as transaction fees. This groundbreaking move demonstrates Shiba Inu’s ambition to transcend its memecoin origins and provide enhanced utility and value to its token holders. The launch of Shibarium marks a pivotal moment in Shiba Inu’s journey, as it aims to expand its horizons beyond the realm of memecoins. The layer-2 network is designed to bring added functionalities and benefits to the

Coinbase has received official authorization from the US NFA to introduce Bitcoin and Ethereum futures trading
8 months ago 1 min read

Coinbase Receives Authorization for Bitcoin and Ethereum Futures Trading Across the US

Coinbase, a leading cryptocurrency exchange, has received official authorization from the US National Futures Association (NFA) to introduce Bitcoin and Ethereum futures trading within the country. Designated by the Commodities and Futures Trading, the NFA’s approval marks a historic milestone, positioning Coinbase as the first platform to offer such derivatives to US customers. This pivotal move by Coinbase signifies a significant stride towards enabling broader participation in the crypto market. The newly acquired authorization effectively opens doors for access to regulated derivatives products, liberating US citizens from their previous exclusion from crypto futures trading. Described by Coinbase as a “watershed

Community Growth Boosts Pepe Coin, Shiba Inu Prices By Over 15%; A Positive Sign For Big Eyes Infinity
8 months ago 4 mins read

Community Growth Boosts Pepe Coin, Shiba Inu Prices By Over 15%; A Positive Sign For Big Eyes Infinity

Pepe Coin (PEPE) and Shiba Inu (SHIB) are the top gainers in the meme crypto market over the last week. Community growth played an important role in this altcoin surge, with the two tokens seeing an increase in price of over 15%. This is a positive sign for Big Eyes Infinity (BIGINF), a new token that expands the Big Eyes Coin ecosystem. Find out more about the current market sentiment surrounding meme coins, especially BIGINF. Pepe Coin Up By 22.5%, Jumps To 71st Position By Market Cap PEPE is up by 22.5% this week, trading at $0.00000142. On Monday morning,

SEI Token Skyrockets Over 3,000% on Exchange Debut
8 months ago 1 min read

SEI Token Soars Over 3,000%

Sei Labs, a tech firm dedicated to building solutions for the open-source layer 1 Sei blockchain, has made waves in the crypto realm with its recent announcement. On August 15, the company unveiled the beta phase mainnet for Sei, a blockchain renowned for its remarkable speed and efficiency. This milestone comes on the heels of Sei’s testnet alpha phase, during which it amassed an impressive 400 million transactions and created 7.5 million unique testnet crypto wallets. To mark the occasion, Sei also introduced its native token SEI, which enjoyed a spectacular debut by surging nearly 3,100% within a mere 24

RocketSwap a DEX paltform fell victim to a devastating hack that resulted in the theft of 471 ETH
8 months ago 2 mins read

RocketSwap a DEX platform fell victim to a hack that resulted in the theft of 471 ETH

RocketSwap, a decentralized exchange (DEX) operating on the Base Layer 2 network, recently fell victim to a hack that resulted in the theft of 471 ETH, equivalent to a staggering $870,000. The breach shed light on security vulnerabilities within the DEX, leading to a subsequent memecoin creation that caught the attention of both the crypto community and the wider public. The hack, which shook the crypto landscape, was traced back to a series of security lapses within RocketSwap. Among the identified vulnerabilities were the DEX’s utilization of offline signatures during the launchpad deployment and the controversial decision to store private

DOGE Tokens Awaken from 9-Year Slumber: Ancient Whales Move 7 Billion
8 months ago 1 min read

DOGE Tokens Awaken from 9-Year Sleep: Ancient Whales Move 7 Billion DOGE

The Dogecoin (DOGE) community witnessed the reawakening of four ancient whales that had remained inactive for over nine years. Beginning this year, these long-dormant whales have orchestrated significant movements, transferring a total of 6.8 million DOGE, valued at approximately $557,157 based on Dogecoin’s prevailing prices during their activity. The resurgence of these four ancient Dogecoin whales, which remained dormant for nearly a decade, has sparked intrigue within the cryptocurrency community. Each of these whales had been inactive for over nine years before making their recent transactions, hinting at a noteworthy change in the cryptocurrency landscape. The recorded transactions paint a

Binance fights back the U.S. SEC as it files for court-ordered protection against what it alleges to be excessive
8 months ago 2 mins read

Binance Fires Back at SEC, Alleging Discovery Abuse and Seeking Legal Safeguards

Binance disputes with the U.S. Securities and Exchange Commission (SEC) as it files for court-ordered protection against what it alleges to be excessive and unreasonably broad discovery demands. The exchange contends that the SEC’s interpretation of a June court order has gone beyond its intended scope, and Binance seeks safeguards to ensure a fair and focused examination of its practices. Binance’s complaint, lodged on August 14, accuses the SEC of abusing the discovery provision of a Consent Order that authorized “limited expedited discovery” on specific aspects concerning the custody, security, and availability of customer assets. The exchange argues that the

Hedera (HBAR) Price Soars Above $0.065 Amidst Key Partnerships and FedNow Support
8 months ago 2 mins read

Hedera (HBAR) Rockets as FedNow Integration Boosts Price

Hedera (HBAR) stole the spotlight on Monday morning as its price surged past the $0.075 mark, firmly establishing itself as a leader among the top 100 coins by market cap. This surge in value was accompanied by an astonishing 1,290% surge in its 24-hour trading volume, reflecting a significant increase in buying pressure. The HBAR token’s market dynamics have been driven by recent partnerships and adoption efforts, propelling it to a prominent position within the cryptocurrency landscape. CoinMarketCap’s data spotlighted Hedera’s meteoric rise, showcasing its ascent above the $0.075 threshold during the early hours of Monday morning (ET hours). The

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