Dogecoin (DOGE) has recently hit its highest level since July, reaching over $0.08. According to CoinMarketCap, the cryptocurrency has seen an increase of around 11% in the last seven days. Although DOGE is currently changing hands at around $0.0775, there is confidence among bulls that a near-term pump towards yearly highs above $0.010 could be
Former FTX general counsel Can Sun, alongside other ex-FTX executives, is venturing into uncharted territory with the establishment of Trek Labs, a Dubai-based cryptocurrency exchange. Armed with a newly obtained license from the Emirate’s crypto regulator, Trek Labs aims to rectify the mistakes that led to the downfall of their previous employer. The startup is
Ripple CEO Brad Garlinghouse expressed his dissatisfaction with the U.S. Securities and Exchange Commission’s (SEC) approach to the cryptocurrency industry, noting that it has failed in protecting investors. Speaking at the Ripple Swell conference in Dubai, Garlinghouse questioned the SEC’s focus, asking, “Who are they protecting in this journey?” He believes that the SEC’s enforcement
The price of Solana (SOL) has been on a remarkable upward trajectory, surging by 44% since the beginning of the week. As of now, SOL/USD is trading at around $59.5, marking a 5% increase for the day. However, it is important to note that the cryptocurrency has retraced around 7% from earlier session highs of
Decentralized finance (DeFi) has been gaining significant attention in the cryptocurrency industry, with various platforms offering innovative solutions and services. However, the sector is not without its risks, as evidenced by the recent hack on the Raft platform. In this article, we will analyze the details of the attack, its consequences, and the potential impact
In a recent interview with CNBC, Brad Garlinghouse, the CEO of Ripple, highlighted the ongoing legal battle between Ripple and the US Securities and Exchange Commission (SEC) over the classification of XRP. Garlinghouse emphasized three consecutive wins for Ripple in the legal proceedings. Firstly, Garlinghouse mentioned the judgment on July 13, which clearly stated that
Coinbase, one of the world’s leading cryptocurrency exchanges, made an exciting announcement on November 9th. The company revealed a new feature that allows users to attest their account and country credentials directly on the blockchain. This innovative move aims to provide users with a “trusted badge” that will grant them access to on-chain apps and
Apecoin (APE) has experienced a significant downturn, with a 10% drop in its price. This has left Apecoin holders feeling dejected and wondering if the token is on the verge of becoming worthless. This decline comes on the heels of a brief resurgence for the leading NFT governance token, where it saw a 46% rally
Bitcoin (BTC) has once again surpassed expectations by reaching a new yearly high, sparking speculation about its ability to break the $40,000 milestone. Despite a short consolidation phase, the leading cryptocurrency has regained its bullish momentum, peaking at $38,000 before retracing to its current trading level of $36,400. As the market eagerly awaits the next
In a recent ruling, the Supreme Court of South Korea acquitted Dunamu Chairman Song Chi-hyung of fraud charges related to the manipulation of platform data on the Upbit crypto exchange. This decision comes after a long legal battle, in which prosecutors alleged Song and a group of executives manipulated order volumes by creating fake member