Blockchain firm Verofax has teamed up with climate tech startup Netgreen to enhance global reforestation efforts. The partnership aims to create a transparent and efficient way for individuals to support tree-planting initiatives. This collaboration will also help track and measure carbon capture, preventing double counting and ensuring compliance with environmental standards. Linking People to Verified…
TLDR Coinbase has submitted a comment letter opposing the SEC’s proposal to expand the definition of “exchange” to include decentralized exchanges (DEXs). The crypto exchange argues that the SEC’s proposal is fundamentally flawed and lacks adequate cost-benefit analysis. Coinbase warns that the proposed rule could stifle innovation and impose unworkable compliance burdens on DEXs. The…
TLDR The SEC has filed fraud charges against NovaTech and its promoters, alleging a $650 million crypto pyramid scheme. NovaTech allegedly targeted over 200,000 investors worldwide, particularly Haitian-American communities. The company’s founders, Cynthia and Eddy Petion, are accused of using religious overtones to attract investors. NovaTech promised 2-3% weekly returns but allegedly operated as a…
[PRESS RELEASE – New York, United States, August 13th, 2024] The revolutionary cryptocurrency project, Pawfury, which launched just weeks ago, is on the verge of concluding its game-changing presale phase, boasting an impressive community of over 8,000 token holders for “PAW.” Currently, the fourth phase of this presale is halfway through, setting the stage for…
“Ripple Faces Key Resistance at $0.63: Will Consolidation Lead to a Breakout?” Ripple has recently experienced a significant surge, reaching the crucial resistance region at $0.63. However, strong selling pressure at this level led to a rejection, keeping XRP confined within the key price range between $0.63 and $0.55. For the short term, a consolidation…
TLDR VanEck’s head of digital asset research believes approval of a Solana ETF in the USA is inevitable. Brazil recently approved spot ETFs on Solana, following earlier approvals for Bitcoin and Ethereum. Solana must meet strict SEC requirements for ETF approval, including regulatory compliance and market demand. The price of SOL has not significantly reacted…
TLDR Hamster Kombat, a popular Web3 game, has rejected investment offers from major venture capital firms. The game has attracted over 300 million users. 60% of the upcoming HMSTR token will be reserved for players. Hamster Kombat aims to provide a meritocratic gaming experience. The game has faced issues with fake airdrops and phishing attacks.…
In a dynamic world of cryptocurrency, three tokens have emerged as strong contenders for significant growth in 2024: MEW, PONKE, and DigiHorse. Each of these cryptocurrencies exhibits unique features and robust community support that could propel them to new heights in the last quarter of the year. Despite the bearish turn of events in the…
Bitcoin’s price went toward $60,000 yesterday and even surpassed it briefly, but the bears took control once again and pushed the asset below that line. The altcoins are untypically sluggish on a daily scale, with most, aside from ETH and BNB, in the red. BTC Stopped at $60K After the highly volatile and painful start…
TL;DR Bitcoin experienced significant price swings, dropping below $50,000 and then rebounding above $60,000, with mixed predictions for future movement. The latest court ruling involving the Ripple v SEC case led to an initial price surge for XRP, though it retraced to $0.57 shortly after. Shiba Inu’s ecosystem saw upgrades to its Shibarium protocol, including…