U.S. Probes Binance Over Suspected Violations of Russian Sanctions | Curated CoinCodeCap #6 May 2023
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U.S. Probes Binance Over Suspected Violations of Russian Sanctions
The U.S. DOJ is looking into Binance for alleged violations of Russian sanctions.
The investigation shows the importance of robust regulatory frameworks for the cryptocurrency sector to deter unlawful activity and foster innovation and growth. Keep Reading »
Ex-OpenSea Manager Convicted in NFT Insider Trading Scandal
According to the prosecution, Nathaniel Chastain benefited from inside knowledge regarding the NFTs that would be offered for sale.
It’s the first time someone has received a fine for utilizing insider information to trade non-fungible tokens. Keep Reading »
Voyager moves to liquidation after Failed Deals With Binance.US
Voyager Digital intends to liquidate its assets and cease operations ten days after Binance.US withdrew from the $1 billion transaction.
Binance.US withdrew from the agreement, citing the “hostile and uncertain regulatory climate” as the reason. Keep Reading »
Nigeria Paves the Way for Digital Economy Growth with National Blockchain Policy Approval
To help its economy, Nigeria has established a National Blockchain Policy.
The policy aims to create a blockchain-based economy that enables safe exchanges of value between citizens, companies, and the government. Keep Reading »
Court Grants Approval for FTX’s LedgerX Purchase Despite Major Financial Setback
The sale of LedgerX has been approved by the bankruptcy judge overseeing the case involving FTX.
There were no objections made against the sale of LedgerX, according to attorneys who spoke at the hearing. Keep Reading »
UK’s FCA Takes Legal Action Against Unlawful Crypto ATM Operators
According to the UK FCA, no operator of cryptocurrency ATMs had registered with it, making their operations unlawful in the nation.
The regional police and the regulator collaborated to audit Exeter, Sheffield, and Nottingham sites. Keep Reading »
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Tangem Successfully Closes Investment Round, Fueled by Shima Capital
Tangem AG, a leading provider of secure hardware wallet solutions, has announced the successful outcome of its latest investment round.
The round came in at $8 million and was led by Web3 venture capital firm Shima Capital, with contributions from additional investors. It comes at a time of continued growth for the hardware developer and will help to propel Tangem to the next level. 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
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 »
Buy Pancat Cryptocurrency : Scam or Goldmine?
If you are a fan of memes and crypto, you might have heard of Pancat Coin, a project that combines both. Pancat Crypto is or should we say was meme-based crypto project built on the Polygon Network, a layer-2 scaling solution for Ethereum. Pancat Coin was initially developed as a meme token but has evolved into something more ambitious and innovative.
The project is having a sort of resurgence in terms of internet searches. So, let’s have a look at what Pancat crypto was, what the project aimed and what’s the current status of this project? Keep Reading »
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 »
5 Best Crypto Coins to Invest in May 2023
In a daily time frame, the price is moving above the Horizontal S/R zone. A bounce is expected from here. On the other hand, if it breakdown the S/R zone with a successful retest, then it can go downward. Keep Reading »
How to transfer Crypto from Robinhood to Binance
Robinhood is an online brokerage platform facilitating you to trade stocks, ETFs, options, and cryptocurrencies with zero commissions. You can also access news, analysis, and educational resources on the app. Robinhood supports many cryptocurrencies, including Bitcoin, Ethereum, Dogecoin, and Shiba Inu. You can buy and sell crypto with a few taps on your phone, but you cannot withdraw or deposit crypto to or from external wallets. Keep Reading »
What Does NFT Mean? How to get Started in Dynamic NFT World
NFT stands for non-fungible token. A token is a digital representation of something that can be stored and transferred on a blockchain, a secure and decentralized network of computers that records transactions and data.
A fungible one can be exchanged for another of the same kind and value, like a dollar bill or a bitcoin. However, a non-fungible token cannot be replaced by another, like a rare painting or a signed baseball card.
An NFT can represent any digital or physical asset with some value or uniqueness, such as art, music, videos, games, collectibles, memes, tweets, etc. 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 »
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