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SEC Files Charges in $60M Ponzi Scheme Linked to Fake Crypto Bot

The United States Securities and Exchange Commission (SEC) has initiated legal action against two brothers, alleging their involvement in orchestrating a $60 million Ponzi scheme with a non-existent crypto trading bot.  The SEC has filed a complaint in the US District Court for the Northern District of Georgia, Atlanta, against

August 27, 2024 2 mins read

Will DOGS Meme Coin Recover After a 39% Price Plunge?

DOGS, a new Telegram-native meme coin launched on August 26, 2024, dropped sharply in value despite gaining significant attention in the crypto community. Over the last 24 hours, the token saw its price tumble more than 39%, falling from a peak of $0.001856 to a low of $0.001129. This downturn

August 27, 2024 2 mins read

Will Solana Whales’ Activity Drive It Above $200?

Solana (SOL) has again captured attention with its recent price movements and significant whale activity. Yesterday, Solana hit a 17-day high of $162, marking an 8% surge over the past seven days. Currently, SOL is trading at $159, experiencing a modest 0.46% decline, while its trading volume has spiked by

August 27, 2024 2 mins read

LBank and CRYN Coin Illuminate Dubai with “Blockchain Revolution Night: The Digitalization of Philanthropy”

The vibrant city of Dubai was abuzz with excitement as blockchain enthusiasts, investors, and industry professionals came together for the highly anticipated “Blockchain Revolution Night: The Digitalization of Philanthropy.” This landmark event, hosted by LBank in collaboration with CRYN Coin, was a resounding success, marking a significant milestone in the

August 27, 2024 3 mins read

US SEC Charges Abra with Unregistered Securities Violations

The newest crackdown by the US SEC involves charges against the crypto business Abra for providing consumers with unregistered digital asset services. According to a recent press statement from the US Securities and Exchange Commission, Plutus Lending LLC, also known as Abra, has been charged for providing cryptocurrency solutions without

August 27, 2024 1 min read

Solana (SOL) Faces Declining Institutional Interest and Weakening Technical Indicators

Solana (SOL), once a darling of institutional investors, finds itself at a critical juncture as the third quarter of 2024 draws to a close. The cryptocurrency’s recent price action and shifting investor sentiment paint a complex picture of its near-term prospects, challenging the sustainability of its previous uptrend. Technical analysis

August 26, 2024 2 mins read

Chainlink Price Up Over 20%, LINK Outperforms Top 20 Coins

Chainlink (LINK) has emerged as a standout performer in the cryptocurrency market, registering an impressive 22% price increase over the past seven days. This surge, which has outpaced most of its peers in the top 20 cryptocurrencies, comes at a time when the broader market is experiencing relative stability.   On-chain

August 26, 2024 2 mins read

Crypto ETP Inflows Surge to 5-Week High Amid Anticipated Rate Cut

Concerns about possible imminent interest rate reduction in September have led cryptocurrency investors to buy more crypto-related exchange-traded products (ETPs). On August 26, the cryptocurrency investment business CoinShares stated that digital asset investment products received $533 million in weekly inflows from August 18 to August 24. Inflows into exchange-traded funds

August 26, 2024 1 min read