Auto Added by WPeMatico

New Jersey Regulators Urge Crypto Investors to Withdraw Funds From Abra

New Jersey’s Attorney General, the Division of Consumer Affairs, and the Bureau of Securities have urged investors to immediately withdraw funds from crypto platform Abra. This follows a multi-state investigation…

Continue ReadingNew Jersey Regulators Urge Crypto Investors to Withdraw Funds From Abra

SEC Charges Novatech in $650 Million Crypto Fraud Scheme

The U.S. Securities and Exchange Commission (SEC) has charged the masterminds behind Novatech with running a fraudulent $650 million crypto scheme. Novatech allegedly operated as a multi-level marketing and crypto…

Continue ReadingSEC Charges Novatech in $650 Million Crypto Fraud Scheme

WBTC Custody Changes Prompts Defi Moves, Bitgo CEO Disregard Concerns

The recent announcement of the custody change of WBTC, a wrapped version of bitcoin, has prompted a negative reaction in decentralized finance (defi) protocols that reject Justin Sun’s disclosed relation…

Continue ReadingWBTC Custody Changes Prompts Defi Moves, Bitgo CEO Disregard Concerns

Hamster Kombat Rejected Numerous Venture Capital Investments; Players Will Not Become ‘Exit Liquidity’

Hamster Kombat, the popular tap-to-earn sensation, revealed having rejected several investment proposals from some of the biggest venture capital firms in the crypto industry. The team behind the game declared…

Continue ReadingHamster Kombat Rejected Numerous Venture Capital Investments; Players Will Not Become ‘Exit Liquidity’

Digital Asset Fund Inflows Spike as Market Corrects, Ethereum Leads With $155M

Digital asset investment products saw a significant rebound in inflows, totaling $176 million, as investors took advantage of recent price corrections. According to Coinshares and its lead research analyst James…

Continue ReadingDigital Asset Fund Inflows Spike as Market Corrects, Ethereum Leads With $155M

Ethereum Technical Analysis: ETH Faces Persistent Downtrend Despite Strong Market Activity

On August 12, 2024, ethereum (ETH) was priced at $2,683, fluctuating within a 24-hour range of $2,523 to $2,720. With a market capitalization of $321 billion and a trading volume…

Continue ReadingEthereum Technical Analysis: ETH Faces Persistent Downtrend Despite Strong Market Activity

Bitcoin Technical Analysis: BTC Struggles Amidst Bearish Pressure, Eyes Key Support Levels

Bitcoin’s price on August 12, 2024, stands at $59,777, with intraday 24-hour prices ranging between $57,814 and $61,054. The cryptocurrency’s market capitalization is $1.16 trillion, supported by a 24-hour trade…

Continue ReadingBitcoin Technical Analysis: BTC Struggles Amidst Bearish Pressure, Eyes Key Support Levels

Latam Insights: El Salvador Advances Talks With IMF Despite Bitcoin Allegiance; Brazil Passes First Solana Spot ETF

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the last week. In this issue: El Salvador holds talks with the IMF despite…

Continue ReadingLatam Insights: El Salvador Advances Talks With IMF Despite Bitcoin Allegiance; Brazil Passes First Solana Spot ETF

47 Companies Apply to Operate in Turkey Under New Crypto Regulations

Turkey’s Capital Markets Board has issued an update on crypto asset service providers following new regulations. The provisional lists include 47 operational companies and three that are planning to liquidate.…

Continue Reading47 Companies Apply to Operate in Turkey Under New Crypto Regulations

Ripple Legal Chief Discusses Potential SEC Appeal After Final Ruling in XRP Case

Ripple’s chief legal officer has addressed the possibility of an appeal by the U.S. Securities and Exchange Commission (SEC) following the $125 million final judgment in the XRP case. He…

Continue ReadingRipple Legal Chief Discusses Potential SEC Appeal After Final Ruling in XRP Case