The SEC enforcement director said the commission "will continue to bring actions regardless of what label is used or technology is involved," including cryptocurrencies.
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US lawmakers call on Mark Zuckerberg to address 'breeding ground' for crypto scams: Report
A Federal Trade Commission report from June identified Facebook, Instagram and WhatsApp among the top platforms for crypto fraud originating on social media.
Ethereum's potential fork ETHPOW has crashed 80% since debut — More pain ahead?
The listing of ETHPOW (ETHW) across multiple crypto exchanges has been followed by a huge drop in price despite some initial success.
ETHPOW drops 80%
On the daily chart, ETHW's price dropped by more than 80% to $25 on Sept. 10, over a month after its market debut.
ETHW/USD daily price chart. Source: TradingViewFor starters, ETHPOW only exists as a futures ticker, for now, conceived in anticipation that an upcoming network update on Ethereum could result in a chain split.
Ethereum will undergo a major protocol change called the Merge by mid-September, switching its existing consensus mechanism from proof-of-work (PoW) to proof-of-stake (PoS).
Therefore, Ethereum will obsolete its army of miners, replacing them with "validators," which are nodes that would perform the same tasks by merely staking a certain amount of tokens with the network.
Ethereum's potential fork ETHPOW has crashed 80% since debut — More pain ahead?
The listing of ETHPOW (ETHW) across multiple crypto exchanges has been followed by a huge drop in price despite some initial success.
ETHPOW drops 80%
On the daily chart, ETHW's price dropped by more than 80% to $25 on Sept. 10, over a month after its market debut.
ETHW/USD daily price chart. Source: TradingViewFor starters, ETHPOW only exists as a futures ticker, for now, conceived in anticipation that an upcoming network update on Ethereum could result in a chain split.
Ethereum will undergo a major protocol change called the Merge by mid-September, switching its existing consensus mechanism from proof-of-work (PoW) to proof-of-stake (PoS).
Therefore, Ethereum will obsolete its army of miners, replacing them with "validators," which are nodes that would perform the same tasks by merely staking a certain amount of tokens with the network.
Bitcoin price cracks $21K as trader says BTC buy now 'very compelling'
Optimism increases over a macro Bitcoin bottom as daily gains top 9% for BTC/USD on the Wall Street open.
Bitcoin price cracks $21K as trader says BTC buy now 'very compelling'
Optimism increases over a macro Bitcoin bottom as daily gains top 9% for BTC/USD on the Wall Street open.
Why quantum computing isn’t a threat to crypto… yet
Quantum computing still has a long way to go before posing a threat to blockchain technology.
From the valley to oasis: Swiss and Dubai crypto associations team up
A partnership between the two cities' blockchain associations will aim to connect businesses and foster growth in the sector.
Huobi wins license in the British Virgin Islands, no timeline for the UK yet
Huobi positions its subsidiary Brtuomi Worldwide as one of the first exchanges to provide compliant crypto derivatives and trading services in the British Overseas Territory.
Bitcoin on the streets: The trick to onboarding UK merchants into BTC
Tips, tricks and tribulations from the grassroots mission of two Bitcoiners who spent a day trying to “orange pill” merchants in a U.K. town.
Lesson learned? Sky Mavis teams up with Google Cloud to avoid another Ronin hack
Google Cloud will be an independent enterprise validator for Ronin in a node pool along with Animoca Brands, DappRadar and Nansen.
Bitcoin squeezes past $20K on US dollar dip as BTC price gains 8.7%
A comedown for U.S. dollar strength provides the fuel for a short squeeze in Bitcoin liquidating over $60 million of shorts.
Bitcoin squeezes past $20K on US dollar dip as BTC price gains 8.7%
Bitcoin (BTC) bounced past $20,000 on Sep. 9 as a much-anticipated “short squeeze” took hold.
BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader: BTC could go to $25,000
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD adding as much as $2,700 (8.7%) in hours on the day, reaching its highest since Aug. 26.
After weeks of ranging punctuated with successive moves to the downside, Bitcoin thus finally gave bulls what they wanted.
For popular trading Twitter account Il Capo of Crypto, the upside still had potential to continue at the time of writing, with BTC price action eyeing $21,000.
“Bears very weak here, imo it keeps going up soon,” he forecast.
Ethereum Merge can trigger high volatility, BitMEX CEO warns
BitMEX CEO Alexander Höptner said that paying close attention to what may happen and keeping services up is a must ahead of the Merge.
Ethereum Merge can trigger high volatility, BitMEX CEO warns
BitMEX CEO Alexander Höptner said that paying close attention to what may happen and keeping services up is a must ahead of the Merge.
How to add Arbitrum to MetaMask?
The Arbitrum network allows users to use Ethereum more efficiently. Learn how to access it to pay lower gas fees and execute Ethereum transactions faster.
Crypto markets see flood of Queen Elizabeth memecoins and NFTs
There is a long list of new tokens with names in poor taste such as Queen Elizabeth Inu, Save the Queen, Queen, QueenDoge, London Bridge is Down and Rip Queen Elizabeth.
Crypto markets see flood of Queen Elizabeth memecoins and NFTs
Crypto degens have wasted no time after the passing of Queen Elizabeth II, flooding the crypto market with more than 40 new Queen-related meme tokens, and hundreds of new nonfungible tokens (NFTs) in the same vein.
New tokens launched on decentralized exchanges on the Binance Smart Chain (BSC) and Ethereum over the past 24 hours include names such as Queen Elizabeth Inu, Save the Queen, Queen, QueenDoge, London Bridge is Down and Rip Queen Elizabeth.
According to data from Dex Screener, the Queen Elizabeth Inu token on BSC-based Pancake Swap has since had the biggest price value gain over the past 24 hours with an eye-watering 28,506% pump to $0.00008000 at the time of writing.
Queen Elizabeth Inu chart: Dex ScreenerIts $391,000 worth of 24-hour trade volume pales in comparison to the Elizabeth token, however, which has seen $2.7 million worth of trade volume in just under 12 hours. The asset has also had a meteoric pump of 8,442% to sit at $0.059931.
It’s worth noting that both Queen Elizabeth Inu and Elizabeth have just $17,000 and $204,000 worth of liquidity behind them, indicating a lack of serious backing behind and a potential for short-lived pump and dump, similar to the infamous Squid Games token which crashed and burned in October last year.
Here’s why Terra Classic price has soared by 250% in September
Terra Classic (LUNC) has outperformed all top-ranking cryptocurrencies so far in September gaining nearly 100% in the past seven days alone.
Terra Classic outperforms crypto market
The token surged more than 250% month-to-date to reach $0.000594 on Sept. 8, its best level on record. Whereas Bitcoin (BTC) dropped 4% and Ether (ETH) gained only 3.5% in the same period.
The profits in the Terra Classic market appeared despite its association with the defunct Terra (LUNA) token, a $40 billion project that collapsed in May. Terra Classic is a rebranded version of the same Terra project and thus has been the subject of skepticism from analysts and investors since its debut.
But, traders have ignored such warnings in recent weeks, with a flurry of fundamental catalysts influencing them to purchase LUNC.
Staking service
A new staking service went live on the Terra Classic chain on Aug. 27, serving as the first major cue behind the ongoing LUNC price rally.
Here’s why Terra Classic price has soared by 250% in September
Terra Classic (LUNC) has outperformed all top-ranking cryptocurrencies so far in September gaining nearly 100% in the past seven days alone.
Terra Classic outperforms crypto market
The token surged more than 250% month-to-date to reach $0.000594 on Sept. 8, its best level on record. Whereas Bitcoin (BTC) dropped 4% and Ether (ETH) gained only 3.5% in the same period.
The profits in the Terra Classic market appeared despite its association with the defunct Terra (LUNA) token, a $40 billion project that collapsed in May. Terra Classic is a rebranded version of the same Terra project and thus has been the subject of skepticism from analysts and investors since its debut.
But, traders have ignored such warnings in recent weeks, with a flurry of fundamental catalysts influencing them to purchase LUNC.
Staking service
A new staking service went live on the Terra Classic chain on Aug. 27, serving as the first major cue behind the ongoing LUNC price rally.