At the event, Cointelegraph spoke with Jeremy Firster, the global head of partnerships at the Cardano Foundation; Meng Chan Shu, the head of business development at the Ras Al Khaimah Digital Assets Oasis (RAK DAO); and Ellis Wang, who works with the executive and advisory team at The Private Office of Sheikh Saeed bin Ahmed Al Maktoum.Continue Reading on Coin Telegraph More
BRICS is an informal alliance that strives to foster collaboration and communication among its member nations rather than a formal organization or alliance with a legally binding contract. Here’s an overview of the history, objectives and key aspects of the BRICS alliance:Continue Reading on Coin Telegraph More
Within the last 24 hours, the coin’s growth constitutes slightly under 10%. In the meantime, the two leading meme cryptocurrencies — Dogecoin and Shiba Inu — have begun to slump after large recent growth. DOGE has gone down 2.01% over the past 24 hours, and .Still, DOGE is up 7.79%, and SHIB has grown 16.73% over the past seven days.The massive growth of the crypto market, and the meme coin sector in particular in terms of price and trading volume, is due to the Bitcoin surge above the $30,000 level after several major Wall Street firms, including Fidelity, launched their own crypto exchange. Besides, several big financial companies, including BlackRock (NYSE:BLK) and Invesco, filed applications to seek regulatory approval to roll out a Bitcoin-based spot ETF.PEPE was released in April by an anonymous team of developers with no white paper as such (according to the coin’s website). The coin has no intrinsic value or utility purposes and unlike the leading meme coins based on the Shiba Inu dog breed, this token was based on the meme of Pepe the Frog.According to various tweets by the @lookonchain “Smart Money” tracker, whales do not hold PEPE long term but buy it on the dip and then sell it quickly as the price rises to make a quick buck on it.This article was originally published on U.Today More
The lawsuit filing named K5 Global – an incubator and investment company, Mount Olympus Capital and SGN Albany Capital, as well as affiliated entities and K5 Global co-owners Michael Kives and Bryan Baum, as defendants. Kives is a former agent for the CAA talent agency and former aide to Hilary Clinton. The suit noted the then-CEO of FTX Sam Bankman-Fried (SBF) attended a social event hosted by Kives in 2022:Continue Reading on Coin Telegraph More
In a June 21 cease and desist order, Nevada’s Department of Business and Industry claimed Prime Trust’s financial condition ha”considerably deteriorated” and the firm is now in an “unsafe or unsound condition” to continue business:Continue Reading on Coin Telegraph More
Cryptopay had been using UAB PayrNet, a licensed EMI in Lithuania, to provide its EU customers with debit card services. But PayrNet’s license was revoked by Lithuania’s central bank, leading to the risk that users’ funds may become temporarily stuck on their cards.Continue Reading on Coin Telegraph More
The deal is expected to be closed by the end of September, Robinhood said in a statement on June 22, adding that the move was “an important step” to a deep relationship with its existing customers. Continue Reading on Coin Telegraph More
Critics argue that he paints cryptocurrencies with too broad a brush. They argue that he gaslights well-meaning entrepreneurs by encouraging them to “come in and register,” knowing his process is set up for them to fail. They argue he knows new rules are needed but prefers to enforce impractical rules in order to stifle the industry altogether. And, of course, under his leadership, the SEC filed an enforcement action against Coinbase (NASDAQ:COIN), arguing several top coins, including Polygon’s MATIC (MATIC), Solana’s SOL (SOL) and others are securities largely because their issuance involved capital formation, despite their necessity in operating underlying networks.Continue Reading on Coin Telegraph More
