US Court Imposes $209 Million Penalty in Crypto Ponzi Scheme

September 5, 2024 Bitcoin.com

US Court Imposes 9 Million Penalty in Crypto Ponzi Scheme

bitcoin.com

The U.S. District Court for the Northern District of Illinois has ordered an Oregon resident and his entities to pay over $209 million in penalties for running Ponzi schemes disguised as crypto and carbon investment programs. This includes restitution, disgorgement of illegal profits, and a civil penalty. The Commodity Futures Trading Commission (CFTC) has recovered […]

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

Washington State Probes Alleged Crypto Fraud Linked to Fake Nasdaq Exchange

August 30, 2024 Bitcoin.com

bitcoin.com

The financial watchdog in Washington State is currently probing a complaint regarding a cryptocurrency platform that allegedly purports to be associated with the Nasdaq Stock Exchange. This inquiry began after an investor reportedly put in $200,000 following a solicitation on Facebook that transitioned to communication over Whatsapp. The regulator has flagged this as a potential […]

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

Washington State Regulator Warns of Potential Fraud by BIB Crypto Platform

August 28, 2024 Bitcoin.com

BiB

The Washington State Department of Financial Institutions (DFI) issued a consumer alert on Tuesday, stating that it has received a complaint regarding possible fraudulent activities by a cryptocurrency trading platform named BIB. An investor reported that after transferring 20,000 USDT to BIB following advice from individuals named Austin Johnson and Cindy Turner, he was unable […]

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

Fetch.ai launches Innovation Lab with $10M fund for startups

August 23, 2024 Coin Telegraph

Fetch.ai launches Innovation Lab with M fund for startups

Fetch.ai is opening an Innovation Lab in San Francisco for early-stage startups working with AI agents.

Decentralized machine learning platform Fetch.ai is launching a hub in San Francisco, California to advance artificial intelligence technology.

The new hub, Innovation Lab, will onboard early-stage startups working on AI agent solutions — software that uses artificial intelligence to perform specific tasks or make decisions for users or other systems.

According to Fetch.ai, it will allocate $10 million in annual funding for projects using the platform to build AI agents. Funding will be milestone-based, with a $1 million cap per project. The autonomous AI agents market is expected to reach $88.1 billion by 2032.

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

Franklin Templeton Expands Tokenized Money Market Fund to Avalanche Network

August 22, 2024 Bitcoin.com

Avalanche

Franklin Templeton has extended its blockchain initiatives by launching its tokenized U.S. Government Money Fund on the Avalanche network. This move marks another expansion of the firm’s onchain financial products. Avalanche Adds Franklin Templeton’s Tokenized Money Fund to Its Blockchain Ecosystem Franklin Templeton, an investment firm with $1.6 trillion in assets under management, has integrated […]

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

Blackrock Dethrones Grayscale Becoming World’s Largest Digital Asset Manager

August 21, 2024 Bitcoin.com

Asset Management

Five days ago, Arkham Intelligence revealed that Blackrock, the world’s largest fund manager, was on the brink of overtaking Grayscale in onchain asset value. As of Aug. 21, Blackrock has officially surpassed Grayscale, securing its position as the top digital asset manager in terms of onchain reserves. World’s Largest Fund Manager Just Surpassed Grayscale in […]

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

What are they worth today? NFTs that sold for millions

August 21, 2024 Coin Telegraph

Art

Investors who purchased NFTs just a few years ago may have reason to regret their decision.

Non-fungible tokens (NFTs) aren’t what they used to be.

At the peak of the NFT hype cycle, it appeared the whole world might be captured by digital artwork mania.

NFT collections such as CryptoPunks and Bored Apes captured the cultural zeitgeist, gaining traction through 2021 into 2022. Celebrities including Justin Bieber, LeBron James, Tony Hawk and Madonna acquired artworks, generating a string of headlines in mainstream media outlets.

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

75% of all Bitcoin has been hodled for over 6 months

August 19, 2024 Coin Telegraph

Bitcoin

Despite Bitcoin dropping 21% from its all-time high, the majority of Bitcoin held in wallets hasn't been sold or moved for the last six months.

Around three-quarters of all circulating Bitcoin hasn’t been moved for the past six months or more, according to onchain data.

The findings come from Glassnode’s Hodl Wave chart, which uses blockchain data to give a macro view of Bitcoin (BTC) held in wallets based on the age since they last moved.

It’s a significant jump from only a week ago, on Aug. 11, when onchain analytics platform Glassnode data showed that almost half the BTC supply, around 45%, had been dormant for at least six months.

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

Chaos Labs Secures $55M Series A Funding to Bolster Defi Risk Management Solutions

August 16, 2024 Bitcoin.com

Chaos Labs Secures M Series A Funding to Bolster Defi Risk Management Solutions

bitcoin.com

Chaos Labs has raised $55 million in a Series A funding round, led by Haun Ventures, to advance its onchain risk management platform for decentralized finance (defi). The company plans to use the funds to further enhance its technology, which automates real-time protocol parameter recommendations to improve the security and efficiency of defi protocols. Chaos […]

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

Study: Crypto and Bitcoin Lead as Reddit’s Most Mentioned Words in Investment Forums

August 16, 2024 Bitcoin.com

Bitcoin

A recent study by Cyber Metals, a JM Bullion company, analyzed the sentiment, vocabulary, and profanity within popular investment subreddits on Reddit, uncovering distinct trends in how different communities discuss stocks, crypto assets, and precious metals. The findings highlight the unique culture of each subreddit, reflecting the diverse moods and attitudes of online investors. Reddit […]

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