A surge in subscribers and hotspots are key factors in HNT’s recent double-digit surge. Source: https://cointelegraph.com/news/hnt-breaks-market-trend-with-a-21-surge-fueled-by-helium-ecosystem-growth?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: September 2024
Robinhood to Pay $3.9M in Crypto Withdrawal Settlement
Robinhood Markets, Inc. (NASDAQ:HOOD) has agreed to pay a $3.9 million settlement to resolve claims related to its cryptocurrency platform. The California Department of Justice reached this decision after allegations that Robinhood’s crypto platform prevented customers from withdrawing their cryptocurrency assets between 2018 and 2022. This settlement underscores the growing scrutiny surrounding crypto platforms and emphasizes the importance of consumer…
Multiple factors fueling Ether’s ‘dismal’ price action — VanEck
According to analysts at VanEck, Ethereum’s share of decentralized exchange trading volume has dropped from 42% in 2022 to 29% in 2024. Source: https://cointelegraph.com/news/multiple-factors-fueling-ethereum-s-dismal-price-action-van-eck?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
‘Wall Street’, ‘American Psycho’ Studio Raising Film Funding via Avalanche
The son of a storied Hollywood producer is taking his father’s company where few in town have dared venture: into crypto. Pressman Film, an independent production house that helped create classic movies including “Wall Street” and “American Psycho,” announced on Thursday that it will use investment platform Republic—on blockchain network Avalanche—to launch a tokenized public fund that will allow members…
Binance CEO says CZ is banned from managing or operating the exchange
A plea deal filed in November 2023 asked prosecutors to consider that Changpeng Zhao was prohibited from “any present or future involvement in operating or managing” Binance. Source: https://cointelegraph.com/news/binance-ceo-changpeng-zhao-banned-crypto-exchange?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
86 Million Tokens Set for Distribution in Eigenlayer’s Season 2 Stakedrop
The Eigen Foundation has launched its Season 2 stakedrop, offering EIGEN tokens to stakers, ecosystem partners, and community members who contributed to the Eigenlayer network. Token claims will open on or before September 17, 2024, with rewards based on participation in staking, contributions to the ecosystem, and early support for the project. Eigen Foundation Announces […] Source: https://news.bitcoin.com/86-million-tokens-set-for-distribution-in-eigenlayers-season-2-stakedrop/
Coinbase leads crypto lobby surge with 3,475% spending jump since 2017
Crypto lobby spending in the US has surged 1,386% since 2017, including a huge jump in the last two years. Source: https://cointelegraph.com/news/coinbase-leads-crypto-lobby-surge-with-since-2017?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin trades under $57K, but data suggests pro traders are not bearish
Bitcoin price fell closer to $56,000, leading traders to question whether the bull market is coming to an end. US job market data could hold the answer. Source: https://cointelegraph.com/news/bitcoin-trades-under-57k-but-data-suggests-pro-traders-are-not-bearish?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Nearly 90% of Crypto Firm Applications Rejected by UK Regulator
The UK doesn’t seem to be warming up to crypto. A report released Thursday by the country’s financial watchdog said that nearly 90% of applications from crypto firms were rejected over the past year. The reason? Inadequate protections against fraud. “Over 87% of crypto registrations were rejected, withdrawn or refused for weak money laundering controls,” the Financial Conduct Authority (FCA)…
How Telegram Is Driving Mass Crypto Adoption with TON
How Telegram Crypto Adoption Is Transforming Web3 Access Through TON Telegram, the messaging app known for its commitment to free speech and openness, has found itself at the center of a significant shift in how people adopt cryptocurrencies. With over 950 million users, Telegram has evolved beyond its messaging platform roots, becoming a catalyst for Telegram crypto adoption through the…