South Korean Court Rules LUNA Token Not a Security | Curated CoinCodeCap #24 April 2023
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South Korean Court Rules LUNA Token Not a Security
The court stated that it is difficult to view Luna Coin as a financial investment product regulated by the Capital Markets Act.
Court has dismissed the prosecution’s appeal for confiscating Terra co-founder Daniel Shin’s properties and his arrest based on securities law violations. Keep Reading »
Bank of Korea granted authority to probe crypto-related firms
BoK has been clashing with Financial Services Commission over crypto jurisdiction in the country
FSC is expected to receive the authority to investigate unfair transactions. Keep Reading »
Celsius auction to include new bids from Gemini and Coinbase
The Celsius auction is scheduled for Tuesday, and Coinbase and Gemini have joined the bidding for the bankrupt firm.
The auction is predicted to be extremely heated, with two freshly formed consortiums bidding. Keep Reading »
Zimbabwe’s central bank to issue digital currency backed by gold
The Reserve Bank of Zimbabwe will begin issuing digital tokens backed by gold.
The action is meant to stabilise the Zimbabwean currency and give individuals a way of hedging against inflation in the face of excessive inflation. Keep Reading »
Thodex Crypto Exchange CEO Extradited from Albania to Turkey
CEO of the cryptocurrency exchange Thodex was extradited to Turkey from Albania, where he is accused of defrauding investors.
In response to an Interpol red alert against him, Ozer was detained in Albania in August last year. Keep Reading »
Hackers exploit Uniswap security flaw for $25.2 million
A sandwich attack on Uniswap, a famous decentralised exchange, recently resulted in a massive theft of $25.2 million from eight different pools.
Attackers exploited a flaw in the Uniswap smart contract, enabling them to complete a number of Deals and ultimately withdraw money from the vulnerable pools. Keep Reading »
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Validator Strikes Back as Ethereum Bot Loses $20M in Cyber Attack
One of the blockchain’s validators attacked one of the main Ethereum MEV algorithms, which resulted in a loss of almost $20 million.
Since September 2022, this has been one of the largest MEV bot attacks that they have come across. 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
Bitcoin below $30k: Is the party over?
Currently BTC price stands at $28,980 and market cap is worth $559 billion with a 24h trading volume of $26 billion. Bitcoin has a key support at $28,500 level and seems to have taken a reversal from there, marking a low of $28,520 and rising to the current level. Let’s have a look at the chart to analyze whether a big reversal or more downward movement is yet to come? Keep Reading »
Ethereum Price Forecast: $1,600 or $2,000 Next?
In conclusion, Ethereum’s price is currently facing a pivotal moment, as it trades in a tight range and approaches the key resistance level at $1,800. The market’s reaction to this level will determine whether Ethereum experiences a pullback toward the moving averages or continues on a bullish trend toward the $2,000 mark and beyond. Stable exchange flows and declining exchange-held Ethereum reflect long-term investor confidence, while market sentiment remains cautiously optimistic due to recent upgrades. Furthermore, the upcoming Shanghai update scheduled this month can also potentially trigger an Ethereum rally. It remains to be seen how the market will ultimately react to these changing dynamics. Keep Reading »
IMX Crypto – Ultimate Token Price Analysis
IMX is a good token that powers a scalable and secure platform for NFTs on Ethereum. IMX has a robust fundamental value proposition as it provides various benefits and utilities for its users, such as fee payment, staking, governance, and ecosystem development. IMX has a strong team of experienced developers, entrepreneurs, and advisors. IMX has a strong network effect and a growing community of users, developers, partners, and supporters. IMX has strong growth potential as it taps into the booming market of NFTs, which are expected to reach $470 billion by 2025. Keep Reading »
Loaded Lions: The Purr-fect and Amazing NFT Collection that is roaring
Loaded Lions are available for purchase on Crypto.com NFT marketplace, where you can browse the collection and bid on your favorite lions using CRO tokens. Using ETH or other cryptocurrencies, you can also trade your lions on secondary markets.
Loaded Lions are limited in supply and high in demand, so they sell out quickly and appreciate over time. As a result, owning a Loaded Lion is a way to own a piece of digital art history and join an exclusive club of like-minded individuals who share a passion for NFTs and crypto. Keep Reading »
Liquid Staking: A New Way to Earn Passive Income with Crypto
Liquid staking is a relatively new and emerging concept with much potential to grow and evolve. As more PoS blockchain networks launch and mature, more liquid staking platforms will appear, offering more solutions and services for different users and use cases. In addition, liquid staking will enable more innovation and integration with other sectors and technologies, such as DeFi, NFTs, DAOs, AI, and IoT.
Liquid staking will also face more challenges and competition from other forms of staking, such as self-staking, exchange-staking, or custodial staking. Liquid staking must prove its value proposition, security, and reliability to attract and retain more users and stakeholders. Liquid staking must also comply with the changing regulatory and legal frameworks that govern the crypto industry. Keep Reading »
Top 3 Powerful cryptos in digital storage space
All three cryptos offer different benefits and challenges for digital storage users and providers.
Filecoin offers a more decentralized and competitive alternative to cloud storage but also faces scalability and usability issues.
Stacks provides a more secure and flexible platform for building DApps on Bitcoin, but it also depends on the development and adoption of its ecosystem. Keep Reading »
Virtual Reality: The 3 Strong Cryptos in this blockchain space
Virtual reality (VR) creates dynamic and interactive simulations of natural or imagined spaces. VR has many applications, such as gaming, entertainment, education, health care, etc. VR also connects with the crypto space, as some projects use blockchain technology to create decentralized platforms that enable users to access, create, and trade VR content and assets. Here, we will delve into the top 3 cryptos in virtual reality space that have the most potential and popularity. Keep Reading »
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