Author: admin

21Shares called on the European Securities and Markets Authority to create “much-needed clarity” for retail and institutional crypto investors across Europe. Crypto asset investment firm 21Shares calls on the European Securities and Markets Authority to address regulatory inconsistencies across Europe and establish clearer guidelines for the inclusion of crypto assets in collective investment operations in transferable securities funds are. The move is aimed at addressing regulatory inconsistencies across Europe that are currently causing confusion for both retail and institutional investors, the Zurich-headquartered company said in a press release on Monday, October 7. said. While some European countries such as Germany…

The United States claims that a group of North Korean hackers has carried out a series of brazen heists targeting both traditional financial institutions and the cryptocurrency sector. The total amount stolen reached a whopping $879 million. In response, the U.S. government took steps to seize assets related to these thefts. US seizes $2.7 million On October 4, 2024, the U.S. government filed two lawsuits to begin seizing more than $2.67 million in stolen digital assets associated with the North Korean hacker group Lazarus. The restraining order covers two major hacks, according to the filing. These include 1.7 million USDT…

At the time of writing, Litecoin was one of the biggest gainers in the past 24 hours. LTC rules cryptocurrency payments and therefore respects trend lines. Litecoin (LTC) was one of the best-performing coins in the past 24 hours, outperforming the top 100 cryptocurrencies by market capitalization, with the exception of Conflux (CFX), which secured second place among the gainers. I surpassed everything. Even though other cryptocurrencies are experiencing slight changes, Litecoin has shown strength and reminded the market of its potential. Reaching a peak of over $400 in 2021, LTC demonstrated its ability to perform at the top level…

Regardless of whether there is an adjustment or not, SUI remains bullish. The token is expected to have another ATH this month unless there is some surprise. Meanwhile, Dogecoin (DOGE) was caught in the market-wide sell-off, but the general consensus is that the token could bounce back within days. Meanwhile, a new Ethereum-based project, DTX Exchange (DTX), is making the market even more interesting. Its pre-sales are proven and its features are the best for traders. SUI aims for ATH in bull cycle: why so optimistic? Over the past month, the Sui token has been the talk of the crypto…

Customers of Indian electric car maker Ola Electric are not satisfied with the company’s services or scooters, impacting the company’s stock price and market share. The company’s shares fell as much as 9.1% to 89.14 pounds on Monday, taking its market capitalization below $4.75 billion for the first time since its August IPO. The company’s shares are still trading above their August IPO price, but have fallen more than 40% from a high of 157 rupees (about $1.87) to a low of 89 rupees (about $1.06). Monday’s stock decline coincided with a spike in customer complaints about the reliability and…

Cryptocurrency markets were active over the weekend and showed signs of life. Bitcoin, Ethereum, and other major cryptocurrencies have gained the value they lost over the past seven days. BTC is targeting the $63,500 level, Ethereum is approaching $2,500, and other top-ranked cryptocurrencies are also approaching pivotal resistance levels. Fear and greed quotients are also reinforcing that sentiment. According to Cointree, this indicator stands at 50, indicating a neutral position among crypto traders. A brief overview of the market is provided to help traders understand the industry. Bitcoin The market leader made rapid progress over the weekend, regaining 2.48% in…

Sponsored post* In the rapidly growing world of cryptocurrencies, there are few stories as fascinating as the story of the most spectacularly profitable crypto whale in the history of cryptocurrencies. This is one particular whale that bought a large amount of Dogecoin (DOGE) when it was selling for as low as $0.0007 and then offloaded it at $0.70, which has caught the attention of many new and old investors. He recently invested a whopping 60% of his portfolio in a new token called Rexas Finance (RXS), which many expect to be a hit in the emerging digital finance era. The…

Stakeholders of the Blockchain Technology Association of Nigeria have reaffirmed the stability of their leadership while highlighting their commitment to strengthening regulatory oversight within the blockchain ecosystem. This was stated in a press release issued by SiBAN on Sunday. SiBAN also denied reports that its president, Obinna Iuno, had been expelled, calling the allegations baseless and misleading. This clarification was issued in response to accusations by Nigeria’s Blockchain Industry Coordination Board that Mr. Iwano had been suspended from his position as president of SiBAN. BICCoN accused Iwano and his associates of unethical conduct, including the unauthorized incorporation of “SiBAN’s Registered…

Latest news from the world of cryptocurrencies: Yesterday, Tether’s stablecoin USDT celebrated its 10th anniversary. 🎬Today marks the 10th anniversary of USD₮! To commemorate this occasion, we will soon be releasing a documentary titled “Stability and Freedom in Chaos”. how to travel $USDT is a lifeline for millions of people, fighting inflation and promoting economic freedom around the world. 🌎🤝 pic.twitter.com/oviKmIgpgx— Tether (@Tether_to) October 6, 2024 However, this is not the most important news about USDT that came out over the weekend. MiCA compliance: Latest news on stablecoin USDT (Tether) The European Union’s new crypto regulation known as MiCA comes…

New Ethereum improvement proposals call for reducing network slot times, increasing blobs per block, and scaling layer 1 performance. Posted on October 7, 2024 at 3:13 AM EST. Ethereum experiences periods of network congestion and high transaction fees, limiting its ability to handle growing users and decentralized applications. Developers are debating whether the new Ethereum Improvement Proposal (EIP) can hold the answer to layer 1 scaling problems. On October 5th, Ben Adams, co-founder of Illyriad Games and contributor to Nethermind, announced EIP-7781. This is a proposal aimed at reducing Ethereum’s slot time from 12 seconds to 8 seconds in order…