As the summer months progress, decentralized exchange (DEX) tokens continue to dominate the cryptocurrency market. One recent entrant that has experienced a staggering increase in value is the Base Bot (BOT) token, with a remarkable surge of over 1,000% in August. This unprecedented rise is closely tied to the growing interest in telegram trading bots,
The crypto market has recently witnessed an unprecedented event as the price of BALD coin skyrocketed, making it the first meme coin on the Coinbase Layer 2 Blockchain to go viral. At its peak, BALD coin experienced a staggering increase of more than 3 million percent and reached a momentary surge of 4 million percent,
During a recent Twitter “Ask Me Anything” (AMA) session, Changpeng “CZ” Zhao, the CEO of Binance, expressed his intention to introduce smaller algorithmic Stablecoins to provide investors with alternatives to the existing global Stablecoin giants. CZ emphasized the concerns associated with large Stablecoins like Tether and Binance USD, citing a lack of transparency and audit
Chinese police are reportedly pursuing Web3 co-founders, but not with the intention of serving and protecting. According to Wuwei Liang, the brother of imprisoned CoinXP co-founder Liang Liang, executives should never hand over their private keys when detained by Chinese authorities. Liang warns that Chinese police are primarily after money and will do whatever it
Binance, one of the world’s largest cryptocurrency exchanges, has taken steps to dismiss the charges filed against it and its CEO, Changpeng Zhao, by the U.S. Commodity Futures Trading Commission (CFTC). According to Binance’s court filing on July 27, the exchange argued that the CFTC exceeded its jurisdictional authority by bringing charges against entities that
The Korea Financial Intelligence Unit (KoFIU) has called for the Korean cryptocurrency industry to intensify their efforts in combating illegal activities. In a recent meeting, KoFIU Commissioner Rhee Yunsu announced the establishment of a specialized team dedicated to conducting in-depth analysis of crypto-related crimes. The ultimate goal is to provide law enforcement and investigators with
The Nigerian Securities and Exchange Commission (SEC) has once again emphasized that Binance’s operations within the country are illegal, according to a recent statement released on July 28th. Specifically, the regulator mentioned Binance’s official website, categorically stating that the activities of Binance, including the platform through which the company solicits investors, are neither registered nor
European regulators, specifically the French National Commission on Informatics and Liberty (CNIL) and the Bavarian state authority in Germany, have expressed legal concerns regarding Worldcoin’s data collection methods. These concerns primarily revolve around the legality and storage conditions of biometric data. Worldcoin, co-founded by Sam Altman of OpenAI, launched on June 24 with a bold
Bitcoin SV (BSV) has been experiencing an impressive bounce after a period of consolidation. The convergence of support from the 20-day moving average (20DMA) and the 200-day moving average (200DMA) has provided a foothold for a potential recovery rally. This comes after a challenging month for the Bitcoin hard fork project, which faced rejection from
DeeLance, an innovative crypto and NFT-based platform, is set to revolutionize the freelance recruitment system by leveraging the transparency and security of blockchain technology. With their native token, $DLANCE, concluding its presale in just 3 days, DeeLance aims to resolve the challenges faced by gig workers on traditional platforms. By tokenizing work products using NFTs,