Meme coins have been making headlines recently as their trading volumes surge. Among these meme coins is Sponge token ($SPONGE), which has shown great promise in the crypto market. As the launch of $SPONGE staking approaches on November 1, the trading volume of the token has risen by 17.88% in the last 24 hours. This
The recent activities surrounding bankrupt FTX have sparked considerable interest within the cryptocurrency community. Blockchain analytics firm Nansen has reported that FTX wallets have seen a significant movement of digital assets, including Ethereum (ETH) and Solana (SOL), totaling approximately $156 million. This article delves into the details of these transactions and explores the implications for
Solana (SOL) has been making significant gains above the $35 resistance level against the US Dollar. The price of SOL remains well-supported and could potentially rally further towards the $38 resistance level. After a notable upward move, Solana has established a solid foothold above the pivotal $30 level. Following this, SOL gained considerable bullish momentum
A specialized crypto crime unit in South Korea is facing overwhelming challenges just over a year after its inception. The unit, known as the Yeoido Grim Reaper, operates under the Seoul Southern District Prosecutors’ Office. Originally focused on investigating conventional financial crime, it was disbanded four years ago. However, the Justice Ministry ordered its reformation
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has been capturing attention in the crypto space with its recent price action. While Bitcoin has been on a price rally, Ethereum’s gains have been more modest. Over the past week, Bitcoin has seen a 12.5% increase, whereas Ethereum has risen by 8.4% in the same timeframe.
The U.K. Treasury has recently announced its finalized regulatory approach to the crypto industry. The regulations will be implemented in multiple phases, with the aim of ensuring the stability and security of the industry. This article will analyze the key aspects of the new regulatory framework and its potential impact on the crypto industry in
In the ever-evolving world of cryptocurrencies, a peculiar phenomenon has recently captured the attention of investors and enthusiasts alike. The sudden surge of a little-known token called AICGFI has left many bewildered and curious about its potential. This enigmatic token, founded on the promise of decentralized artificial intelligence (AI), has experienced an astonishing 10x growth
The recent arrest of Alexander Vechirko by the Russian FSB (Federal Security Service) has shed light on the potential dangers associated with cryptocurrency donations to Ukraine’s military. Vechirko, a 54-year-old man residing in the Khabarovsk Territory with Russian citizenship, has been formally charged with “high treason” for allegedly sending crypto donations to the Armed Forces
LUNA, the native token of the Terra 2.0 blockchain, has experienced a significant surge in value over the past week. This surge has been attributed to Bitcoin’s impressive rally towards the $35,000 mark. According to CoinMarketCap data, LUNA has seen a 13.96% increase in the last seven days, providing a sense of relief for investors
Taiwan has recognized the need to regulate its thriving virtual asset market and has recently introduced the “Virtual Asset Management Regulations Draft.” This new bill aims to establish a comprehensive regulatory framework for the crypto industry in Taiwan. As virtual assets continue to gain popularity and see exponential growth in the country, it is crucial