This Major Bank Is Dabbling With Tokenized Securities on Avalanche
Citigroup is reportedly in collaboration with Wellington Management and WisdomTree, is actively exploring the concept of utilizing Avalanche to tokenize private equity funds. This initiative reflects the broader trend within the crypto industry, where major banks worldwide are delving into tokenizing real-world assets, sparking significant discussion. Citigroup Explores Avalanche Blockchain Network A recent report indicates […]
This Once-Hyped Institutional Crypto Company Could Be on the Rocks
The Intercontinental Exchange (ICE) owned institutional crypto platform Bakkt has been approved to raise funds to “fund its long-term vision.” The move signals that not all is well at the once-called savior of the crypto market. On February 14, Bakkt announced that its shelf registration statement had been declared effective by the US Securities and […]
Curve Finance Issues Warning About Fake App on Apple App Store
Curve Finance announced to its 358,100 followers on X (formerly Twitter) the presence of a fraudulent application on the Apple App Store that uses Curve Finance’s logo. The warning occurs amidst a positive price momentum in the cryptocurrency market, where malicious hackers seek to exploit unsuspecting novice investors. Curve Finance Declares Fraudulent App Amid Incoming […]
3 Crypto Projects on Cosmos (ATOM) That Are Thriving
The Cosmos (ATOM) ecosystem, known for its interoperability and scalability, hosts a variety of ambitious projects that aim to redefine aspects of decentralized finance (DeFi). Among these, dYdX Chain, THORChain, and Osmosis have garnered attention for their innovative approaches and contributions to the DeFi space. dYdX Chain: Decentralized Trading dYdX Chain, a decentralized exchange (DEX) […]
This Company Is About to Sell $1.65 Billion in Bitcoin
Genesis Global has received the green light from a bankruptcy court to sell approximately 36 million Grayscale Bitcoin Trust (GBTC) shares valued at over $1.65 billion. This move is part of the bankrupt crypto lender’s comprehensive strategy to reimburse clients who lent it digital assets. Genesis to Sell Grayscale Bitcoin Trust Shares The approval, granted […]
Watch Out For This New Crypto Scam: ENS Wallet Impersonation
Hayden Adams, the founder of decentralized exchange Uniswap, has exposed a new scam that capitalizes on the Ethereum Name Service (ENS) to deceive unsuspecting individuals. The scam involves impersonating legitimate ENS wallet addresses, eventually putting users’ cryptos at risk. Adams took to X (formerly Twitter) to alert about scammers who had ingeniously duplicated and registered […]
This Crypto Influencer Was Caught Counter-Trading 370,000 Followers
ZachXBT reveals a crypto influencer who short-changed his 371,600 followers by trading against them. According to his investigative work, the trader sold three cryptocurrencies worth $1.2 million after shilling them. Crypto sleuth ZachXBT asserts that a crypto influencer named KSI, most commonly known as the popular YouTuber before dabbling in crypto, has shilled at least […]
These 2 Altcoins Smash Into the Top 50 With All-Time Highs
SEI and SUI are two top 50 altcoins that reached new all-time highs today. While SUI has increased parabolically, SEI is struggling to close above the previous all-time high resistance area. Will it do so? SUI Parabola Leads to New All-Time High The SUI price has increased alongside a parabolic ascending support trend line since […]
How the CEO of This Crypto Exchange Violated US Law
Adam Colin Todd, the CEO of the Digitex Futures Exchange (Digitex Futures), faces serious charges for his alleged violation of United States law. Consequently, the federal court in Miami charged Todd with willfully neglecting to establish an anti-money-laundering (AML) program in compliance with the Bank Secrecy Act (BSA). The BSA mandates that financial institutions, including […]
Ethereum Hopes Mount as ETH Price Reacts. NuggetRush ICO Draws Interest
Ethereum (ETH) price has seen a notable surge this week, rising 16% over the past 7 days. In the last 24 hours alone, ETH gained 3% to trade around $2,700 at press time – its highest level since the spring of 2023. Meanwhile, a new meme coin NuggetRush is gearing up to finish its ICO […]
