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SEC Accuses Saitama Inu and Robo Inu Promoter of Fraud

SEC Accuses Saitama Inu and Robo Inu Promoter of Fraud

SEC has charged a U.S.-based Vietnamese citizen, Vy Pham, with fraud for her involvement in market manipulation schemes involving meme tokens Saitama Inu and Robo Inu. The agency also alleges that the assets were offered and sold as unregistered securities. According to the SEC, Pham (known by the pseudonym msvy_crypto) personally engaged in market manipulation […]

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JPMorgan Identifies Cryptocurrency Growth Drivers for Year-End

JPMorgan Identifies Cryptocurrency Growth Drivers for Year-End

The potential return of Donald Trump to the U.S. presidency and the need for a hedge against economic instability create favorable prospects for Bitcoin in 2025, according to JPMorgan, as reported by The Block. Analysts suggest that amid rising geopolitical tensions and the upcoming U.S. elections, speculative institutional investors may consider gold and the leading […]

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Survey Reveals 92% of Salvadorans Do Not Use Bitcoin for Transactions

Survey Reveals 92% of Salvadorans Do Not Use Bitcoin for Transactions

Only 7.5% of Salvadorans use Bitcoin for transactions, while 92% admit they do not, according to a survey report. The study was conducted by the Francisco Gavidia University among 1,224 citizens over the age of 18. Survey results. Data: Francisco Gavidia University. In 2021, El Salvador recognized Bitcoin as legal tender alongside the US dollar. […]

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Belarus Seizes Smuggled Ledger Crypto Wallets

Belarus Seizes Smuggled Ledger Crypto Wallets

Customs officials in Brest thwarted an attempt to illegally transport 95 hardware crypto wallets across the Belarus-Poland border. This was reported by the SCC of Belarus. A 35-year-old Belarusian was driving a Ford Transit from Poland through the Brest checkpoint. To covertly transport the Ledger Nano S devices, he concealed them within the structural cavities […]

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Fraudsters Exploit Deepfakes to Swindle $46 Million from Love-Struck Men

Fraudsters Exploit Deepfakes to Swindle $46 Million from Love-Struck Men

Fraudsters employed deepfake technology to impersonate attractive women during video calls, deceiving love-struck men into “investing” in cryptocurrencies. This was reported by SCMP, citing Hong Kong police. In October 2023, the syndicate established an operational center in a 4000-square-foot industrial building in the Hung Hom constituency and began recruiting staff. University graduates specializing in digital […]

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Tesla Transfers $760 Million in Bitcoin to Unknown Addresses

Tesla Transfers $760 Million in Bitcoin to Unknown Addresses

Elon Musk’s Tesla has transferred all its 11,509 BTC, valued at approximately $760 million, to unknown addresses, according to Arkham Intelligence data. TESLA JUST MOVED ANOTHER $260M BTC TOTAL MOVED: $760M pic.twitter.com/ukAcHW1EZC — Arkham (@ArkhamIntel) October 15, 2024 According to BitcoinTreasuries, the electric vehicle manufacturer is the fourth-largest corporate holder of the leading cryptocurrency, with […]

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Canary Capital Seeks SEC Approval for Spot Litecoin ETF

Canary Capital Seeks SEC Approval for Spot Litecoin ETF

The crypto investment firm Canary Capital has filed an S-1 application with the SEC to register a spot Litecoin ETF. The custodian and administrator of the product have not been specified. “Litecoin plays a leading role in the broader cryptocurrency ecosystem […] and is attractive to a wider range of institutional investors,” the document states. […]

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Base Surpasses Arbitrum in DeFi TVL Rankings

Base Surpasses Arbitrum in DeFi TVL Rankings

The total value locked (TVL) in the Base ecosystem’s protocols has exceeded $2.4 billion, slightly surpassing Arbitrum, according to DeFiLlama data.

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Trump Family's Crypto Project Raises $5 Million in First Hour of Presale

Trump Family’s Crypto Project Raises $5 Million in First Hour of Presale

The Trump-backed crypto project, World Liberty Financial, raised $5 million during its token sale, amounting to 1.7% of its target. *TRUMP’S WLFI PRESALE RAISES $5M IN FIRST HOUR *WLFI SITE FACES ON-AND-OFF DOWNTIME, NO TOKEN PURCHASES IN LAST 8 MINUTES — db (@tier10k) October 15, 2024 Observers noted disruptions on the project’s website due to […]

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Ripple Partners with Bitstamp and Bitso for RLUSD Stablecoin Exchange

Ripple Partners with Bitstamp and Bitso for RLUSD Stablecoin Exchange

Global access to Ripple’s RLUSD stablecoin for institutions and users will initially be facilitated by platforms such as Uphold, Bitstamp, Bitso, MoonPay, Independent Reserve, CoinMENA, and Bullish. Today at #RippleSwell, we’re proud to announce our Ripple USD exchange partners. Upon regulatory approval, $RLUSD will be globally available for institutions and users from @UpholdInc, @BitStamp, @Bitso, […]

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Bitcoin Approaches $68,000

Bitcoin Approaches $68,000

On October 15, Bitcoin surged past $67,000, momentarily reaching $67,950. Hourly BTC/USDT chart on Binance. Data: TradingView. October 15, 2024 | 17:43Update: after reaching $67,950, Bitcoin began to decline, falling below $66,000. At one point, the cryptocurrency dropped to $65,150. 15-minute BTC/USDT chart on Binance. Data: TradingView. The price increase was accompanied by a rise […]

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Bernstein Links Bitcoin Rally to Trump's Rising Election Odds

Bernstein Links Bitcoin Rally to Trump’s Rising Election Odds

Bernstein attributes the bullish sentiment to Donald Trump’s lead over Kamala Harris in the presidential race. Standard Chartered highlights the potential for Bitcoin to return to its ATH before the US elections. The surge in Bitcoin’s price is linked to the increasing chances of Republican candidate Donald Trump securing the presidency, according to Bernstein, as […]

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