John Bigatton, the Australian promoter of Bitconnect, has been convicted by the Sydney District Court for providing unlicensed financial advice, violating section 911B(1) of the Corporations Act 2001, the Australian Securities and Investments Commission (ASIC) announced Monday. Between August 2017 and January 2018, Bigatton promoted Bitconnect through seminars and social media, claiming significant returns on…
[PRESS RELEASE – Dubai, United Arab Emirates, July 15th, 2024] Flare, the layer 1 blockchain for data, is delighted to announce that the SparkDEX team has chosen to deploy its advanced decentralized finance hub on the network, featuring an AMM and perps protocol. In doing so, SparkDEX will leverage Flare’s enshrined data protocols for decentralized…
Navigating the unpredictable world of cryptocurrencies can be challenging, with prices swinging dramatically and new coins appearing daily. Investors often need help with uncertainty, unsure if their chosen digital asset will hold its value or crash overnight. In this volatile environment, finding a reliable and stable investment is essential. Enter MoonBag (MBAG), a cryptocurrency that…
Keith Neumeyer, CEO of First Majestic Silver, a Canada-based mining company, discussed the silver production deficit in today’s precious metals markets. Neumeyer stated that while retail investors are interested in silver, institutions have to enter the market, supporting the activity of these extractive companies needed for many industrial purposes. Silver Prices Poised to Rise if…
Thus, the Pawfury (PAW) offer guarantees massive returns with strong protection measures and collaborations. Hypergrowth of more than 12,000% within a year allowed PEPE to enter the ranking of the three most popular meme coins. AEVO increased by 15% last week thanks to its chain security on layer 2. With the escalation of a bull…
Just as Bitcoin reclaimed the $63,000 level at the start of this week, Whale Alert has identified the activation of a dormant address containing 1,000 BTC, worth approximately $60 million, on July 15th, after more than a decade of inactivity. This wallet initially received the stash around 11 years and 9 months ago, on September…
A Pew Research Center survey of 35 countries, published last week, highlights China’s significant economic influence, with perceptions varying by income level. The survey covers Argentina, Australia, Bangladesh, Belgium, Brazil, Canada, Czech Republic, Egypt, France, Germany, Ghana, Greece, Hungary, India, Indonesia, Israel, Italy, Japan, Jordan, Kenya, Malaysia, Mexico, Netherlands, Nigeria, Pakistan, Philippines, Poland, South Africa,…
Uganda is aiming to return to the gold standard at some extent with a purchase proposal that seeks to amass more gold to back its fiat currency, the Ugandan shilling. The Central Bank of Uganda will purchase gold from artisanal miners to support their activities and reduce raw gold imports. Uganda Eyes Gold Standard Backing…
The Santa Monica City Council has unanimously approved the creation of a Bitcoin Office. Proposed by Vice Mayor Lana Negrete and in partnership with The Proof of Workforce Foundation, the program aims to boost Bitcoin education, economic recovery, and tourism, operating at no cost to the city. The program followed the vice mayor’s visit to…
How The US Presidential Elections Can Be The Defining Factor For Solana ETFs Top analysts and crypto experts are intently looking forward to the 2024 US presidential elections, as the fate of Spot Solana ETFs rests on the outcome of the polls. Meanwhile, ETFSwap (ETFS) is refining its platform to accommodate them and other crypto…