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Search Results for: shiba Inu

Trump Embraces ‘Crypto President’ Title, Pledges Support for Crypto Sector

Donald Trump, a presidential candidate who has been vocal about his support for Bitcoin, has dubbed himself the “Crypto President” in an effort to solidify his relationship with the rapidly expanding cryptocurrency ecosystem. At a fundraiser in San Francisco on Thursday, the 45th president of the US, Donald Trump, was

June 8, 2024 2 mins read

Forcount Ponzi Scheme Promoter Faces 20 Years for $8.4 Million Fraud

Juan Tacuri, a senior promoter of the Forcount cryptocurrency Ponzi scheme, has pleaded guilty to conspiracy to commit wire fraud. The plea was entered before Judge Analisa Torres at the Southern District of New York (SDNY) court, and he is set to be sentenced in New York in September for

June 6, 2024 2 mins read

Baby Dogecoin To Secure a Listing On Coinbase Soon?

Baby Dogecoin (BabyDoge), a popular memecoin that ranks 17th in market capitalization among top memecoins, has once again captured the attention of the cryptocurrency community. This resurgence in interest follows a recent cryptic announcement on its X (formerly Twitter) account. The post featured the BabyDoge logo accompanied by several question

June 6, 2024 1 min read

SHIB Whale’s Massive $716B Buy: More Gains on the Horizon?

Shiba Inu (SHIB) has experienced a significant uptick, with its value surging by 8% in the past 24 hours. This surge is accompanied by a notable increase in trading volume, which has risen by 40%, and a corresponding 8% boost in the market capitalization. The driving force behind this rally

June 5, 2024 2 mins read

Confidentiality-Focused Ethereum Layer 2 Fhenix Secures $15M in Series A Funding

In a Series A funding round, Fhenix, an Ethereum Layer 2 network developer with an emphasis on data confidentiality, has raised $15 million. According to Fhenix on Tuesday, Hack VC led the round, with participation from Dao5, Amber Group, Primitive Ventures, GSR, Collider Ventures, and Stake Capital. Guy Itzhaki, the CEO

June 5, 2024 2 mins read

Galaxy Digital Lends Millions with Tokenized Violin as Collateral

Yat Siu, co-founder of Animoca Brands and Michael Novogratz’s Galaxy Digital, has tokenized a 1708 Stradivarius violin in order to secure a loan in the multi-million dollar range. Siu allegedly borrowed money from Galaxy on June 4 for an undisclosed amount, using his 316-year-old violin as security. In order to

June 5, 2024 1 min read

Dogecoin Attracts Whale Attention Amidst Market Fluctuations

Dogecoin (DOGE), the leading meme coin, has recently garnered significant interest from crypto investors, sparking expectations of a potential upward trend despite recent price dips. Further whale activity has been observed, indicating a bullish outlook for DOGE. Crypto analyst Ali Martinez highlighted on X (formerly Twitter) that DOGE whales have

June 4, 2024 2 mins read

LUNC Community Approves Allocating Funds for Development Projects

There has been tremendous support for the Genuine Labs Community Spend Proposal from the Terra Luna Classic (LUNC) community. Nearly no one voiced opposition to the proposal, and it was approved with a 99.98% acceptance rate on June 3, 2024. It is anticipated that this vote will have a major

June 3, 2024 2 mins read

Dubai Financial Services Authority (DFSA) Amends Crypto Token Regime

To improve and expand the legal environment for tokens within its special economic zone, the Dubai Financial Services Authority (DFSA) has announced revisions to its crypto token regime. Companies with their headquarters in the Dubai International Financial Centre (DIFC), a special economic zone in the UAE, are subject to the

June 3, 2024 2 mins read