Budding crypto writer with a keen interest in providing fresh insights and the latest updates in the crypto space. Enthusiastic about translating complex crypto concepts into clear, actionable information for readers.
China has announced significant monetary easing measures, including multiple rate cuts and a reduction in banks’ reserve requirements, to stimulate its struggling economy. The People’s Bank of China (PBOC) will lower the reserve requirement ratio (RRR) for banks by 50 basis points (bps), which is expected to release approximately $142
September 24, 2024 2 mins read
In a recent court hearing, judges expressed skepticism regarding the SEC’s denial of Coinbase’s petition for rulemaking. Coinbase filed this petition on July 22, 2022, seeking clarity on regulatory guidelines. The SEC officially rejected the petition on July 27, 2023, claiming that it had already established sufficient guidelines. This case
September 24, 2024 2 mins read
U.S. federal judge Allen has denied Green United’s motion to dismiss a lawsuit filed by the Securities and Exchange Commission (SEC), accusing the Utah-based company of running an $18 million crypto mining scam. The SEC alleges that Green United misled investors by selling fake cryptocurrency mining equipment and violating federal
September 24, 2024 2 mins read
Worldcoin (WLD) is currently trading at $1.68, marking a 5.93% increase in the last 24 hours, driven by improving market sentiment. The recent price movement followed a bounce from the previous support at $1.475, suggesting renewed bullish momentum. The broader market has responded positively to a 50 basis point (bps)
September 23, 2024 2 mins read
A group of OpenSea users has filed a class-action lawsuit in Miami. The lawsuit claims that the popular NFT marketplace sold unregistered securities. This legal action raises significant concerns about the regulatory landscape for NFTs. According to the lawsuit, OpenSea is accused of facilitating transactions that qualify as securities sales.
September 23, 2024 1 min read
DOGS, a memecoin on the TON blockchain, has experienced a 10.15% decline, now trading at $0.0008492. Earlier today, DOGS hit an all-time low of $0.0008095 over the last 24 hours but rebounded by 4.89%. The current market cap of DOGS stands at $440.7 million. Its 24-hour trading volume has surged
September 23, 2024 2 mins read
On September 19, PeckShield, a blockchain security firm, reported that the official Decentraland X account had been hacked. Attackers are now circulating a phishing link disguised as a MANA token airdrop. This deceptive link redirects users to a fraudulent website, where they are prompted to connect their wallets to claim
September 19, 2024 1 min read
Bitcoin (BTC) is currently trading at $62,046.34, showing a 2.83% increase in the past day. The leading cryptocurrency maintains a market cap of $1.23 trillion, securing its position as the top digital asset in the market. Over the last 24 hours, the trading volume reached $46.08 billion, reflecting a 17.22%
September 19, 2024 2 mins read
BNB Chain has recently announced a major update to its stablecoin infrastructure. The initiative introduces gasless stablecoin payments, aimed at enhancing transaction efficiency on the network. This move is set to improve the overall user experience by reducing transaction costs across the network. The initiative aims to simplify stablecoin transfers,
September 18, 2024 2 mins read
Google Cloud has launched an Ethereum-compatible RPC service, enabling developers to build and scale blockchain applications on its platform. The service offers Ethereum developers a scalable infrastructure to deploy decentralized applications (dApps). RPC, or remote procedure call, is a crucial component of blockchain networks. Moreover, It allows developers to communicate
September 18, 2024 1 min read