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The next big opportunity, the next 100x crypto gems! That is the goal of every investor who wants to profit from their cryptocurrency investments. The OG and Titan status of Ethereum and BNB is indisputable. But 2024 will shake things up. Things have changed for the better with the arrival of the new GambleFi altcoin Rollblock and its attractive iGaming solutions. Will it be able to challenge the dominance of ETH and BNB this year? Let’s find out. The success of Rollblock’s GambleFi has established it among the top altcoins. The list of top altcoins of 2024 is by no…
Oct 25 (Reuters) – Tether Inc’s chief executive officer said on Friday that U.S. authorities are investigating the cryptocurrency company for possible violations of sanctions and anti-money laundering rules, The Wall Street Journal said. He said there was no indication the company was under investigation following the paper’s report.Federal law enforcement authorities, led by the U.S. Attorney’s Office in Manhattan, are investigating whether the virtual currency is being used by third parties to fund illegal activities such as drug trafficking, terrorism, or hacking, or the proceeds generated therefrom. WSJ reported that the company is conducting a strict investigation to see…
LidoDAO has launched the Community Staking Module (CSM), a major advancement for solo staking on the Ethereum network. This new feature eases entry requirements for node operators and simplifies access to staking. The deployment of CSM will make Ethereum staking more accessible and decentralized, potentially impacting the price of its native token, LDO. LDO prices could rise as LidoDAO rolls out low-cost Ethereum staking options According to X’s announcement, LidoDAO has activated a community staking module on Ethereum’s mainnet, offering low-cost entry for solo stakers. CSM allows solo operators to manage Ethereum validators with a minimum deposit of 1.3 ETH…
Cryptocurrency markets are falling despite increasing whale trading. Cryptocurrency price rise +/-Bitcoin BTC/USD $66,789.25-1.9%Ethereum ETH/USD $2,471.40 -2.5%Solana SOL/USD $167.86-5.4%Dogecoin DOGE/USD $0.134-5.6%Shiba Inu SHIB/USD $0.00001721-3.8% Notable statistics: According to IntoTheBlock data, large transaction volume increased by 12.5% and daily active addresses decreased by 6.3%. Transactions over $100,000 fell from 8,210 to 8,092 in one day. Exchange net flows decreased by 38.6%. According to data from Coinglass, 80,992 traders were liquidated in the past 24 hours, bringing the total liquidation amount to $236.73 million. Notable developments: Top losers: Cryptocurrency price increase +/- Popcat POPCAT/USD $1.42-11.1%Goatseus Maximus GOAT/USD $0.6569-10.8%Pendle PENDLE/USD $4.46-8.7% Trader Note:…
Important points Japanese financial institutions are proposing virtual currency ETFs focused on Bitcoin and Ether. The proposals include a reassessment of tax policy for crypto income. Share this article The Japanese Business Federation suggested that discussions about establishing a virtual currency ETF should focus on major tokens such as Bitcoin and Ether. The initiative comes as Japan considers whether to align its regulations with international moves to allow these financial products.This group includes prominent institutions such as Mitsubishi UFJ Trust and Banking, securities companies such as Nomura Securities and Daiwa Securities, and crypto exchanges such as bitFlyer and Bitbank, Japan’s…
According to the report, US federal authorities are currently investigating stablecoin issuer Tether USDT/USD for possible violations of US sanctions and anti-money laundering regulations. What Happened: This investigation, conducted by the Manhattan U.S. Attorney’s Office, investigated the potential misuse of Tether’s stablecoin in activities such as drug trafficking, terrorist financing, and laundering the proceeds of these illegal activities. The Wall Street Journal reported that. Tether CEO Paolo Ardoino did not respond to questions from Benzinga, but he called the WSJ report a regurgitation of old noise. “As we told WSJ, there is no indication that Tether is under investigation. WSJ…
U.S. authorities are targeting Tether as a money launderer, according to sources cited by the Wall Street Journal in a report written by Angus Berwick, Vivian Salama and Ben Foldi and published today. The company said it is investigating the matter as potentially violating anti-ring laws and sanctions. The investigation is apparently being led by the Manhattan federal prosecutor’s office, the Journal said, citing sources familiar with the matter. They are investigating whether they laundered funds resulting from illegal activities. The Treasury Department is also said to be considering sanctions against Tether due to its growing popularity among entities and…
Ripple Labs has filed a Form C cross-appeal with the U.S. Court of Appeals for the Second Circuit as part of its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). The company is seeking a partial reversal of a previous ruling regarding the sale of certain XRP tokens to institutional investors, which deemed them securities and therefore subject them to a $125 million fine from the court. . Ripple Chief Legal Officer Stuart Alderotti said the appeal does not challenge XRP’s non-securities status, as declared in the aforementioned landmark court ruling in July. Ta. The above cross-appeal…
As the US government ramps up its damning legal campaign against the cryptocurrency industry over the past two years, one company has escaped prosecution. Tether is the company that developed the stablecoin of the same name, pegged to $1, which has become the go-to currency for various blockchains. transaction. But the Wall Street Journal reported Friday that federal prosecutors in Manhattan are investigating whether Tether violated money laundering and sanctions laws through its use by global criminal networks for drug trafficking, terrorism and hacking. As The Wall Street Journal reported, Tether may no longer be able to avoid intense scrutiny.…
Polymarket (a decentralized prediction market) has been a huge success for the Polygon blockchain in that it is an app that has broken out organically and is gaining mainstream usage and attention. However, data shows that Polymarket will generate only $27,000 in fees on Polygon’s PoS blockchain in 2024. Polygon Labs CEO Marc Boiron agrees that $27,000 is a low number, but argues that it shows how cheap using blockchain is, which is a selling point. Transaction fees at Polygon are approximately $0.007, well below the sub-cent threshold that some teams are targeting. Boiron argues that apps like Polymarket are…