Data extracted from CoinMarketCap painted a compelling picture of PINS’ trading journey. It started trading at $0.0005 on September 1st and quickly rose to $0.0025 within half an hour, an impressive 4X increase from its IEO valuation. In this IEO on LBank, a total of 34,587 participants took part, with a combined investment of 51,556,343 […]
SEC delays on approving applications for spot Bitcoin ETF
The US Securities and Exchange Commission has decided to further the timeframe for coming to any conclusion regarding the applications it has received from Invesco, Wisdom Tree, and Valkyrie. The matter is related to spot bitcoin trading exchange trading funds. The decision has been extended for a couple of weeks, somewhere around the middle of […]
Coinbase vs SEC: New attorney Patrick V. Kennedy joins fight
Attorney Patrick V. Kennedy files a motion to appear pro hac vice in the Coinbase vs. U.S. SEC lawsuit for the Chamber of Digital Commerce. The crypto community, digital asset organizations and lawmakers have voiced their backing for the Coinbase vs. United States Securities Exchange Commission lawsuit’s dismissal. In a recent update, a fresh attorney, […]
Exploits, hacks and scams stole almost $1B in 2023: Report
Cybersecurity firm CertiK reported that as of August, over $997 million was lost to flash loan attacks, exit scams and exploits in 2023. Malicious actors targeting the crypto space have taken more than $45 million in digital assets from their victims in the month of August alone and a total of $997 million year-to-date (YTD), […]
StarkWare, Herodotus launch tech to verify data from any point in Ethereum’s history
Storage Proofs could prove useful for services like account recovery tapping into the ability to access and verify historical Ethereum data. A new zero-knowledge proof (ZK-proof) technology is set to improve the ability to access and verify historical data from the Ethereum (ETH) blockchain, with deep chain validation cited as a usability barrier of the […]
OKX plans to enter India, hire local employees for Web3 exploration
The CMO of OKX says the company is looking into its entrance in the Indian market through hiring local employees and “understanding the culture.” The cryptocurrency exchange OKX plans to enter the Indian market and recruit local employees in an effort to expand the possibilities of Web3 applications, according to a CoinDesk report. OKX chief marketing […]
Contrasting currents in crypto market as Bitcoin futures plunge, crypto-margin soars
Quick Take The recent data analysis indicates a critical shift in Bitcoin futures contracts, particularly in the wake of the Grayscale lawsuit. Bitcoin open interest, the total number of outstanding futures contracts, has suffered a significant reduction, with a rough estimate of 400,000 Bitcoin in futures contracts representing one of the lowest readings year-to-date. The […]
Maker (MKR) Decouples From Market Trend; Bullish Monthly Close Could Trigger a Huge Upswing Soon!
The post Maker (MKR) Decouples From Market Trend; Bullish Monthly Close Could Trigger a Huge Upswing Soon! appeared first on Coinpedia Fintech News In the times when the crypto markets have remained quiet, floating around the market capitalization of $1.05 trillion, Maker (MKR) has successfully held the gains that the other altcoins lost in the […]
Patrick V. Kennedy to Appear Pro Hac Vice in Coinbase vs. U.S. SEC Case!
The post Patrick V. Kennedy to Appear Pro Hac Vice in Coinbase vs. U.S. SEC Case! appeared first on Coinpedia Fintech News Attorney Patrick V. Kennedy has filed a motion to appear pro hac vice in the ongoing lawsuit between Coinbase and (SEC) on behalf of the Chamber of Digital Commerce. The Chamber of Digital […]
South Korea’s FIU Declared Fine on Crypto Firm Delio!
The post South Korea’s FIU Declared Fine on Crypto Firm Delio! appeared first on Coinpedia Fintech News South Korea’s Financial Intelligence Unit (FIU) has imposed sanctions on local crypto firm Delio following violations of regulations. The FIU ordered Delio to halt operations for three months, pay a fine of 1.896 billion won (around $1.44 million), […]