TL;DR Donald Trump was found guilty of 34 charges related to falsifying business records in a hush-money trial involving porn star Stormy Daniels. His conviction was followed by volatility in meme coins linked to him and Joe Biden. Trump Found Guilty A Manhattan jury found Donald Trump guilty of all 34 charges of falsifying business…
Crypto markets have declined slightly this week as sentiment wanes in the wake of last week’s US Securities and Exchange Commission’s approval of spot Ethereum exchange-traded funds. Nevertheless, volatility could increase when a whopping $4.7 billion in notional value Bitcoin options contracts expire on May 31. The 69,200 contract expiry is huge compared to last…
Circle, the company behind USDC, the second-largest stablecoin in the cryptocurrency market, has announced its official launch in Brazil. The company inked an alliance with BTG Pactual, the largest investment bank in Latam, to provide onboarding and distribution services for Brazilian companies. Circle also partnered with Nubank, a leading digital neobank. Circle Partners With BTG…
[PRESS RELEASE – Belize, Belize, May 31st, 2024] BOOM.LOL, a groundbreaking platform for creating “safer meme coins” is launched on multiple chains with its memecoin generator product. The Rise and Risks of Meme Coins Meme coins have become a ubiquitous part of the cryptocurrency landscape, often driven by social media trends and celebrity endorsements. Despite…
Recently, BNB’s price has risen notably with bullish market sentiment; however, it faces uncertainty to end the year on a bullish note. Meanwhile, ONDO crypto recently reached a new all-time high due to real-world asset (RWA) tokenisation interest, but caution is advised because the RSI is in an overbought area. On the other hand, BlockDAG…
David Kagel, a disbarred California attorney, pleaded guilty to orchestrating a cryptocurrency Ponzi scheme that defrauded victims of over $9.5 million. Kagel, 85, promised high returns through artificial intelligence trading bots and falsely claimed to hold $11 million in bitcoin to secure investments. He used his attorney position to instill trust, providing fake letters on…
The U.S. District Court for the District of Utah has dismissed the Securities and Exchange Commission’s (SEC) case against Digital Licensing, operating under the name Debt Box. The judge has also ordered the SEC to pay approximately $1.8 million in attorney and receivership fees. SEC Ordered to Pay $1.8 Million in Fees In a post…
Companies in two capital markets are looking to implement the business model that Microstrategy, led by entrepreneur Michael Saylor, pioneered in the U.S. According to David Bailey, CEO of Bitcoin Magazine, who denied one of these markets to be Korea, these operations are currently in the negotiation stage. More Companies Looking to Adopt Microstrategy’s Bitcoin…
U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce has proposed a joint US-UK digital securities sandbox. She noted that the U.S. and UK are ideally positioned for this initiative, emphasizing that this collaboration would benefit innovators, regulators, and consumers in both countries. Hester Peirce Pushes for US-UK Collaborative Financial Sandbox U.S. Securities and Exchange…
In the digital finance world, BlockDAG is making a substantial impact with its innovative strategies and cutting-edge technology. As the market reels from the Retik Finance Price Crash, which saw a dramatic 67.02% drop in just one day, investors are flocking to BlockDAG. The platform’s recent $2 million giveaway campaign is designed to engage and…