SEC to reduce $22 million fine against LBRY to $111K in light of its “near-defunct status” | Curated CoinCodeCap #15 May 2023
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SEC to reduce $22 million fine against LBRY to $111K in light of its “near-defunct status”
SEC stated the smaller penalty was a compromise between “the need to balance the deterrence from a penalty with LBRY’s inability to pay.”
LBRY is “defunct, ceasing operations, and without the funds to pay a larger fine,” the SEC said in the filing Keep Reading »
Number Of Bitcoin Wallets Holding 1 BTC Or More Surpasses 1 Million Mark: Report
1.89 million of BTC — worth $50.7 billion — are held on leading centralized exchanges such as Binance and Coinbase.
Three million BTC accounting for 17% of the total circulating supply — are “lost forever.” Keep Reading »
BTC Miner Riot sues Rhodium Enterprise over alleged unpaid $26 Mln hosting fees
According to the lawsuit filed by Riot, Rhodium “deliberately miscalculated” the amount it owed in hosting fees for Riot’s services.
Riot alleges that Rhodium cheated Whinstone out of $26 million from 2021 to the first quarter of 2023. Keep Reading »
BlockFi Receives Court Approval To Refund $297 Million to Users
As part of its bankruptcy procedures, BlockFi is given authorization to repay $297 million to a select group of consumers.
Customers with BlockFi Interest Accounts [BIA] are ineligible for the refunded money. Keep Reading »
Montenegrin Authorities accepts $400,000 bail offer for Terra Luna founder Do Kwon
As per announcement, in the event of a violation of the house arrest, the bail amount will be transferred to a “special fund” of the court’s operational budget
In addition to bail, the court imposed a measure prohibiting Do KwON from leaving his residence, which the court considers to substitute for imprisonment to a significant extent Keep Reading »
US Chamber of Commerce labels SEC ‘Unlawful’ for Action Against Coinbase
The SEC has come under fire for its regulatory approach from Coinbase and the cryptocurrency industry, with the support of the U.S. Chamber of Commerce.
According to a court petition, Innovation has been impeded by the SEC’s delayed and ambiguous regulatory measures. Keep Reading »
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BIS releases guidelines for offline CBDCs payments
A thorough guide has been released by the Bank for International Settlements Innovation Hub with the aim of helping central banks adopt offline CBDC.
BIS claims that using CBDC for offline payments introduces new dangers linked to fraud, forgery, and privacy issues. Keep Reading »
NFT Market Analysis February 2023
Non-fungible tokens (NFTs) have exploded onto the scene in recent years, with a wide range of industries and individuals taking notice. From digital art and collectibles to music and even real estate, NFTs have disrupted traditional notions of ownership and value.
But with the market becoming increasingly crowded and prices soaring to dizzying heights, many are wondering whether this is just a passing fad or a sustainable trend.
In this article, we’ll take a closer look at the current state of the NFT market and explore the factors driving its growth and potential risks to be aware of. Keep Reading »
Market Updates
Tectonic Crypto: A Complete Guide for 2023
Tectonic is a cross-chain money market protocol that allows users to earn passive yield and access instant-backed loans with their crypto assets. Tectonic aims to provide users with seamless and secure lending and borrowing functionalities across different blockchains. Keep Reading »
Bone Token :Can Bone token hit $100?
BONE Tokens serve several purposes within the Shiba Inu ecosystem. Holders of BONE can participate in governance by voting on critical decisions. Additionally, BONE Tokens can be staked or utilized for liquidity provision on ShibaSwap, which can lead to rewards. Keep Reading »
AMP Price Prediction and Analysis: Can It Reach New Highs
Amp (AMP) crypto lets you transfer value instantly and securely across different networks and platforms. It works as collateral that guarantees payments and reduces fraud and chargebacks. Amp crypto is used by the Flexa network, which lets you spend crypto at various merchants. Amp also supports other use cases like lending, exchange, and remittance. Keep Reading »
When will Shiba inu coin reach $1? Price Analysis of SHIB
As of May 1, 2023, SHIB is trading at around $0.000010 per token. It has a market capitalization of about $6 billion, making it the 15th largest cryptocurrency by that measure. It has a circulating supply of 589.6 trillion tokens and a total supply of one quadrillion tokens.
SHIB has experienced a lot of volatility in its price history, reaching an all-time high of $0.000032 on May 10, 2022, and an all-time low of $0.00000006 on November 28, 2020. In addition, it has also been affected by broader crypto market trends, such as the bull run in early 2022 and the crash in late 2022. Let’s take a look at the chart for trend analysis Keep Reading »
How to Buy Dogecoin on eToro: A Complete Guide
Dogecoin is the most popular memecoin in the market today. Dogecoin has a loyal fan army who support its charitable and social causes and its fast and low-cost transactions.
If you want to join the Dogecoin community and buy some DOGE coins for yourself, you need a reliable and secure platform. One of the best options is eToro, a leading social trading platform offering a wide range of assets, including cryptocurrencies. eToro is regulated by multiple authorities, supports various payment methods, and provides a user-friendly and intuitive interface.
Here, you will get all info on how to buy Dogecoin on eToro . In addition, We will also cover some of the benefits that eToro offers to enhance your trading experience. Keep Reading »
Top 3 Best Gaming Cryptos for May 2023
ILV is the native token of Illuvium, a decentralized open-world RPG game that features stunning graphics and immersive gameplay. Illuvium allows players to explore a vast world, capture and battle creatures called Illuvials, and trade them in the marketplace. Additionally, ILV is used to stake, govern and earn rewards in the game. ILV had a great rally lately, reaching an all-time high of $1,604 on November 30th. ILV is trading at around $45, with a market cap of over $121 million. Keep Reading »
What Can You Buy With 10 Bitcoins Today? A Lot More Than You Think!
Bitcoin’s price fluctuates depending on supply, demand, market sentiment, and events. As of May 6, 2023, one bitcoin is worth about $29,378, meaning 10 bitcoins are worth about $293,780. That’s a lot of dough! On the other hand, this is a significant increase from the all-time low of $0.04865 in July 2010, when you could barely buy a gumball with one bitcoin. And it is a substantial decrease from the all-time high of $68,789.63 in November 2021, when you could buy a small island with one bitcoin. Keep Reading »
Top 3 Crypto to Buy in Summer 2023
Finally, we can’t discuss the top cryptocurrencies to keep an eye on without mentioning Bitcoin. Bitcoin is the original cryptocurrency and still the most valuable. If it manages to cross the big $30k hurdle with good volumes, then predictions go as high as $100,000. Keep Reading »
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