Cryptocurrency News

[ad_1] In an outcome that won’t surprise observers, Sam Bankman-Fried, the Founder and former CEO of collapsed crypto exchange FTX, has been found guilty of all seven charges for which he was on trial and now faces up to a maximum of 110 years in prison. Those charges include wire fraud, conspiracy to commit fraud, […]

[ad_1] Cardano (ADA) has returned to the radar of crypto investors after an interesting run brought its price up above $0.3. This price level has been elusive for a while but eventually, the bulls have gotten a hold of it. As the market faces an impending downturn, Cardano’s run-up could be threatened. However, one crypto

[ad_1] Victoria, Seychelles, November 3rd, 2023, Chainwire Bitget, top crypto derivatives and copy trading platform, has unveiled its latest monthly Proof of Reserves (PoR) report, continuing its commitment to comprehensive transparency with its total reserve ratio of 199%. This POR report upholds Bitget’s pledge to users that their funds are fully backed 1:1 and available

[ad_1] Bethesda-based financial giant, ProShares, has once again taken a pioneering step in the crypto-linked ETF domain with the launch of the world’s first short ether-linked ETF, named ProShares Short Ether Strategy ETF (SETH), according to BusinessWire. This innovative ETF is engineered to give investors a lucrative avenue on days when Ether’s value descends. The

[ad_1] Georgia’s central bank has partnered with Ripple to pilot the country’s CBDC project, Digital Lari (GEL). The National Bank of Georgia picked Ripple as its technology partner and will jointly plan and seek to deliver the pilot program.  GEL will leverage the Ripple CBDC Platform, which is powered by XRP Ledger (XRPL). Ripple continues

[ad_1] The Dubai Financial Services Authority (DFSA) recognized two more tokens on Nov. 2, adding XRP (XRP) and Toncoin (TON) to its list of recognized tokens. They join Bitcoin (BTC), Ether (ETH) and Litecoin (LTC) as coins recognized in the Dubai International Financial Centre (DIFC).  The tokens’ new status will allow financial institutions in the

[ad_1] The US Securities and Exchange Commission (SEC) has charged SafeMoon, its Founder Kyle Nagy, SafeMoon US, and the company’s top executives, John Karony and Thomas Smith. The regulator has revealed a fraudulent scheme involving the unregistered sale of SafeMoon tokens (SFM), a cryptocurrency that promised investors huge returns. The SEC is accusing the crypto

[ad_1] The XRP Ledger (XRPL), a decentralized public blockchain developed by David Schwartz, CTO of Ripple Labs, has continued to evolve and show growth in the third quarter (Q3) of 2023, as highlighted in a recent report by Messari. The XRPL, facilitating cross-currency and cross-border payments for over a decade, has witnessed significant milestones, including

[ad_1] Memeinator’s Stage 5 presale surpasses $1 million, making a remarkable impact. Memeinator’s unique blend of AI, viral marketing, and utility sets it apart in the meme coin arena. One MMTR token is going for $0.0125 in the current stage and is expected to rise to $0.0133 in the next stage. In the world of

[ad_1] In a newly published assurance opinion, Tether Holdings Limited disclosed its financial standing for Q3 2023, substantiated by a comprehensive assessment conducted by BDO, a globally recognized independent public accounting entity. The attestation, dated October 31, 2023, reaffirms the veracity of Tether’s Consolidated Reserves Report (CRR) as of September 30, 2023, offering a detailed