London, United Kingdom, May 26th, 2024, Chainwire USDTlr.com is pleased to announce the successful launch of its new automated trading platform, which is now in the beta phase. This platform is designed to assist users in navigating the volatile market with no human intervention, streamlining the trading process. Without any human intervention, making the process…
[PRESS RELEASE – Sydney, Australia, May 26th, 2024] A new Ethereum-based meme coin, “Book Of South Park” (BOSP), has officially launched following three months of community contributions and AI-inspired animations. This token, which pays homage to the iconic animated series “South Park,” aims to make a significant impact in the meme coin sector. In a…
Continuing raids in China on alleged underground gangs using cryptocurrency to facilitate foreign exchange transactions underscore the ineffectiveness of the Asian nation’s 2021 ban on crypto trading. Chengyi Ong, head of policy for the Asia-Pacific region at Chainalysis Inc., said the peer-to-peer nature of cryptocurrency activity renders the ban ineffective. China Remains a Significant Cryptocurrency…
The Abu Dhabi Agriculture and Food Safety Authority in the UAE has issued a new advisory prohibiting the use of farms for cryptocurrency mining. The advisory explicitly states that farms cannot be repurposed for cryptocurrency mining, which authorities consider a “misuse of the farm for purposes other than its intended use. Farmers caught engaging in…
Bitcoin, alongside the rest of the market, had a highly beneficial week driven by the hype and the actual approval of spot Ethereum ETFs in the United States. The weekly scale shows that UNI, PEPE, LDO, and ETH are among the leaders in terms of gains from the larger-cap alts. BTC’s Weekly Surge It was…
TL;DR Donald Trump has impressive exposure to digital assets, particularly the meme coin MAGA (TRUMP), despite his previous anti-crypto stance. Other notable figures dealing with cryptocurrencies include Justin Bieber, Neymar Jr., Jimmy Fallon, and Kevin Hart. Trump Leads the Pack The rapid advancement of the cryptocurrency industry in the past few years has led to…
Marathon Digital Holdings and the Kenyan Ministry of Energy and Petroleum recently signed an agreement which sees the crypto mining firm committing to invest $80 million in Kenya’s digital infrastructure. Following the memorandum of understanding (MOU) signing, the Kenyan government will establish a steering committee comprised of ministry officials and executives from Marathon. Joint Steering…
An investigation into the law firm Sullivan & Cromwell LLP, which worked with the now-defunct crypto exchange FTX, revealed that the firm was neither involved in the fraud nor aware of the financial troubles that plagued the collapsed trading platform. Sullivan & Cromwell Cleared of Negligence in FTX Collapse Following a recent investigation, former U.S.…
There has been a growing concern regarding the increased traction of tokens with high valuations but low initial circulating supply, which has sparked discussions about the sustainability of upside potential for traders following the token generation event (TGE). Binance Research’s latest findings have confirmed this trend, depicting an increasing number of tokens being launched with…
Law enforcement officials in Malaysia recently arrested ten individuals linked to a criminal syndicate that allegedly used cryptocurrencies to launder fraudulent proceeds. Assets, including motor vehicles, valued at more than $7.7 million were seized, and bank accounts holding approximately $10.8 million were frozen. Syndicate Accused of Channeling Illegally Acquired Funds into Malaysia Authorities in Malaysia…