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Polygon’s rebranded token, POL, previously known as MATIC, is currently showing a positive trend, with its price fluctuating between $0.41 and $0.445. This marks a notable 10% increase over the past week. At the time of writing, POL is trading at $0.4131, with a market cap of $2.93 billion, making
September 14, 2024 2 mins read
Sam Bankman-Fried, the former CEO of FTX, has officially appealed his fraud conviction, seeking a new trial and alleging that the judge who oversaw his case was biased against him. In a detailed 102-page document submitted to the Second Circuit Court of Appeals on September 13, Bankman-Fried’s legal team argues
September 14, 2024 2 mins read
After experiencing a consolidation phase throughout early September, Ripple’s native cryptocurrency, XRP, has surged over 10%, reaching its August high nearing the $0.60 zone. In the past 24 hours, XRP’s price spiked by more than 8.45%, rising from a low of $0.5355 to a high of $0.5809. This jump followed
September 13, 2024 2 mins read
Solana’s blockchain is displaying a significant surge in trading activity, setting new records. The number of daily active addresses (DAA) on the Solana network has reached 5.4 million, the highest level ever recorded. This rise indicates increased engagement on the platform, with daily transactions exceeding 41 million, outpacing networks like
September 11, 2024 2 mins read
September has historically been a challenging month for both U.S. stocks and cryptocurrencies, and this year is no different for Bitcoin. The leading cryptocurrency has recently faced a tough time, with its value fluctuating significantly from $58K to $55K. Bitcoin initially dropped below the $57K mark on September 2. Although
September 11, 2024 2 mins read
As Bitcoin (BTC) climbs to the $58,000 mark, the positive sentiment in the crypto market is boosting other cryptocurrencies, including Fantom (FTM). In the last 24 hours, FTM has surged by over 13.4%, climbing from a low of $0.4389 to a high of $0.4963 and tops the gainers list. Despite
September 10, 2024 2 mins read
As crypto scams increase in 2024, TRON, the decentralized blockchain platform, Tether, the issuer of the USDT stablecoin, and TRM Labs, a leading blockchain intelligence firm, have teamed up to launch the T3 Financial Crime Unit (T3 FCU). This new partnership is all about cracking down on illegal activities related
September 10, 2024 2 mins read
The U.S. Securities and Exchange Commission (SEC) has reinforced its strict stance on limiting crypto custody services for banks and regulated financial firms. In a recent talk at a banking conference on September 9, SEC Chief Accountant Paul Munter reaffirmed the agency’s firm position on rules governing the custody of
September 10, 2024 2 mins read
Pump.fun, a Solana-based marketplace for creating and distributing custom tokens, primarily memecoins, has made headlines with a peculiar warning to U.S. users. On September 10, the platform took to Twitter to issue a public service announcement: “PSA: If you are a sensitive American, please avoid visiting Pump.fun in the next
September 10, 2024 2 mins read
Ethereum (ETH) has slipped into a challenging phase, with its price falling to the $2.2K zone for the first time since late January. This decline comes amid several key developments and market shifts that are adding pressure to cryptocurrency. In recent weeks, Ethereum has struggled to maintain its upward momentum.
September 9, 2024 2 mins read