Last week brought troubling news for the world’s largest crypto exchange, Binance. The United States Commodity Futures Trading Commission accused the company and its CEO, Changpeng “CZ” Zhao, of trading violations. According to the lawsuit filed by the CFTC, Binance has conducted transactions for U.S. customers without proper registration since at least 2019. According to the CFTC, Binance obscured the…
Lawyers have hit Binance, its CEO, and several celebrities and influencers—including NBA star Jimmy Butler—with a $1 billion civil lawsuit for shilling cryptocurrency. Filed on Friday by The Moskowitz Law Firm and Boies Schiller Flexner, the lawsuit states that Binance boss Changpeng Zhao and his crypto exchange touted unregistered securities and paid celebrities to help do so. Following a year-long…
The United States Securities and Exchange Commission has announced a series of educational events targeting underrepresented communities and others — but suggested participants would be taught to “exercise caution” on crypto. In an April 3 announcement, the SEC said it will reach out to groups including high school students, members of the military, older investors, and native Americans in an…
Watching hacker and cybersecurity movies can be both entertaining and informative. These movies can provide a glimpse into the world of cybersecurity, hacking and cybercrime, which can be fascinating and thought-provoking. Also, these films frequently emphasize the value of cybersecurity and the possible repercussions of a security breach. Insights into the strategies and methods employed by hackers and cybersecurity experts…
On April 3, 2023, the Dfinity Foundation, a development team behind the Internet Computer (ICP) network, announced the launch of a native ICP token called “chain-key bitcoin” or “ckBTC.” The bitcoin derivative is backed 1:1 with the leading cryptocurrency asset. On Monday, Dfinity detailed that the technology “builds on the protocol-level integration with the Bitcoin network.” Breaking Away from Custodians…
The United States Federal Reserve began its most aggressive quantitative tightening efforts in March 2022, raising benchmark interest rates in the year since from near-zero to 4.75% to 5% annually. While the central bank has successfully brought down inflation to some degree, the increasing interest rates are starting to cause cracks in the global banking industry. The market expects the…
On Apr. 3, social media giant Twitter changed its icon to that of the symbol on the popular meme token Dogecoin (Doge). Just two days prior, Elon Musk, CEO of Twitter and Tesla, asked a U.S. judge to dismiss a $258 billion lawsuit filed by investors alleging the operation of a pyramid scheme to promote Dogecoin. The Twitter icon as…
sponsored Bitquery launched its Streaming API in early March, giving users to access blockchain data in real time. With Bitquery’s APIs, Web3 builders have had access to extensive data from over 40+ blockchain networks. As the demand for blockchain data continues to grow, Bitquery has been at the forefront of providing reliable and comprehensive data to its users. The Streaming…
The price of Dogecoin rallied on Monday after the token’s mascot was included in a peculiar reference on Twitter. Users visiting the website were greeted with the Shiba Inu logo that the token is based around instead of the social media website’s typical bird logo. The inclusion of Dogecoin’s mascot caused the token’s price to surge as people became aware…
Bitcoin will make a decision sooner rather than later, according to cues from the Binance order book. Source: https://cointelegraph.com/public/index.php/news/bitcoin-breakout-matter-of-time-says-analysis-with-btc-price-at-28k
