Game developer Fracture Labs accused Jump Trading of using its DIO token to profit millions from a “pump and dump” scheme. Read More at https://cointelegraph.com/news/jump-trading-accused-crypto-pump-and-dump-fracture-labs-lawsuit?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Monthly Archives: October 2024
Ethereum, L2s to reach over 100K TPS with ‘The Surge’ — Vitalik Buterin
Some of the “key goals” of The Surge are to achieve over 100,000 TPS across Ethereum and its layer 2s and to increase interoperability, says Vitalik Buterin. Read More at https://cointelegraph.com/news/ethereum-over-100k-tps-the-surge-vitalik-buterin?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto funding drops 20% in Q3 due to ‘barbell market’ — Galaxy Digital
Bitcoin and low-cap, high-risk memecoins led the crypto market in the third quarter leading venture capitalists to overlook mid-tier projects. Read More at https://cointelegraph.com/news/crypto-vc-funding-drops-q3-projects-overlooked-galaxy-digital?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
94% of Asian private wealth is investing or considering crypto: Report
Almost a third of surveyed respondents believe that Bitcoin will break through $100,000 by the end of the year. Read More at https://cointelegraph.com/news/asian-private-wealth-investing-digital-assets-report?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Forcount ‘Ponzi scheme’ promoter sentenced to 20 years in prison
According to US prosecutors, Juan Tacuri, and his co-conspirators, defrauded investors of $8.4 million in an apparent Ponzi Scheme. Read More at https://cointelegraph.com/news/forcount-promotor-sentenced-20-years-prison?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
AI ‘mind uploads’ could allow the dead to trade forever
Becoming a ghost in the machine could have financial benefits, but for who? Read More at https://cointelegraph.com/news/ai-mind-uploads-could-allow-dead-trade-forever?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Radiant Capital halts lending after exploit
Approximately $58 million has been lost from a cybersecurity breach at the lending protocol, one expert said. Read More at https://cointelegraph.com/news/radiant-capital-pauses-contracts-exploit-fears?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
DTCC launches digital sandbox to innovate capital market infrastructure
The DTCC aims to invite market participants to address pain points and let clients try DTCC products on their own use cases. Read More at https://cointelegraph.com/news/dtcc-digital-launchpad-open-market-ecosystem?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Chevron overturn unlikely to impact SEC's conduct — Ripple CLO
In 2023 alone, the Securities and Exchange Commission filed over 20 lawsuits against firms and individuals in the crypto industry. Read More at https://cointelegraph.com/news/chevron-overturn-unlikely-impact-sec-conduct-ripple-clo?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ethereum price crashes often follow ETH open interest peaks — Will history repeat?
Ethereum’s futures open interest hit a new all-time high, but data shows this feat is usually followed by an ETH price crash. Read More at https://cointelegraph.com/news/ether-price-crashed-30-the-last-time-this-indicator-peaked-eth-dump-ahead?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound