South Korean Police Digs Deeper Into the Luna Terra Debacle | Curated CoinCodeCap #7 June 2022
Crypto Regulation, DAO Wars, DeFi Sagas, Bitcoin Supremacy, and Digital Avatars, all here with market updates and a meme.
While Bitcoin paves the path for crypto mass adoption, Ethereum becomes the sword of Keyboard warriors. Here’s what happened to the market yesterday:
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South Korean Police Digs Deeper Into the Luna Terra Debacle
The South Korean authorities have been monitoring the crypto market in the country since Luna’s downfall. Similarly, the police are also investigating the matter. They are suspecting that there is more to the 99% fall in the value of the Korean cryptocurrency than just market volatility. Keep Reading »
Human Rights Leaders Believe Bitcoin Aids in the Struggle for Global Freedom
26 technologists and scholars have released a petition to US lawmakers condemning cryptocurrency investments and blockchain technology. Keep Reading »
US Senators Introduces Crypto Bill, Grants more powers to CFTC
Today, US Senators Kirsten Gillibrand and Cynthia Lummis have released the long-awaited bipartisan crypto bill. The introduction of the crypto bill, formally called the “Responsible Financial Innovation Act,” is the first major bipartisan attempt to create a comprehensive regulatory framework for digital assets in the US. The Lummis-Gillibrand legislation contains provisions aimed at settling disputes between the Commodity Futures Trading Commission and the US Securities and Exchange Commission by assigning regulatory authority over digital asset spot markets not deemed securities to the CFTC. Keep Reading »
The SEC to Investigate Binance over $BNB Token
The Securities and Exchange Commission (SEC) of the United States is apparently investigating Binance, a leading cryptocurrency exchange, for unregistered token sales. Keep Reading »
Ethiopia’s Central Bank Warns of “Illegal” use of Crypto
Ethiopia’s Central Bank, The National Bank of Ethiopia (NBE), has stated that it is illegal to conduct business with cryptocurrencies, according to a report from Ethiopian state media outlet Fana Broadcasting Corporate (FBC). According to reports, NBE stated that people are using crypto for “informal financial transactions and money laundering schemes”. Keep Reading »
IRA Financial Trust Brings Lawsuit Against Gemini Trust Company Alleging Crypto Exchange Security Failures
Security related to digital assets is a matter of major concern for consumers. Scams and hacks are an everyday sight in the space and are scaring away investors. In this tough situation, users trust reputed crypto exchanges to provide them with the utmost protection. Keep Reading »
Asian Wealth Managers Shun Crypto Despite Rising Demand
The crypto market is currently following a downward trend and the market volatility is scaring away consumers. A report published by Accenture reveals a recent clash happening between investors and their wealth managers in South Asia as both have opposing views in terms of investing in crypto. Keep Reading »
CoinCodeCap’s The Weekly: Issue 8
Solana gained quite a fame last year and turned out to be the fastest in adding transactions to its blockchain. Its native token SOL went almost 100x during the bull run, and almost everyone started singing the songs of the ultimate Ethereum Killer (again). Keep Reading »
Market Updates
COW Price Analysis June 2022
COW is a token of the platform CoW Protocol. Its current price is around $0.1642 by writing, with a low of $0.1547, and has a market cap of 11 million dollars. Keep Reading »
PULI Price Analysis June 2022
PULI is a token of the platform Puli. Its current price is around $0.02523 by writing, with a low of $0.002832, and has a market cap of 1 million dollars. Keep Reading »
NSBT Price Analysis June 2022
NSBT is a token of the platform Neutrino, which has a current price of around $20.59 by writing and a low $6.55 and has a giant market cap of about 56 million dollars. Keep Reading »
WMT Price Analysis June 2022
WMT is a token of the form World Mobile Token. Its current price is around $0.2942 by writing, with a low of $0.1929, and has a market cap of 71 million dollars. Keep Reading »
Top 3 Metaverse Crypto to Look Out for in June 2022: ONT, APE, MANA
ONT is the cryptocurrency of Ontology, a distributed ledger technology that uses consensus protocols and verifiable rules to ensure security & integrity. The price of Ontology will most likely increase in the future and is expected to be a good investment. ONT is built on the Ontology Blockchain. It is a high-speed, low-cost public chain that provides decentralized identity and data solutions to other chains in Web3. Keep Reading »
Crypto to look out for this week BTC, ETH, HNT, WAVES, 1INCH
In the last 24 hours, the global crypto market cap has increased to $1.25 trillion. Cryptocurrencies are currently trading mostly green as Bitcoin is up 8%, with Ethereum jumping 11% at the time of writing this article. Keep Reading »
Crypto Gambling Coins to Look Out for This Week
Crypto gambling has exploded in recent years as more and more people around the world are continuing to take advantage of the many benefits that can be enjoyed when virtual currency is used. Keep Reading »
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