In an extraordinary turn of events, a smart trader has turned a $541,000 investment into a staggering $15.7 million profit by betting on Maga (TRUMP), a meme coin inspired by former President Donald Trump. This surge began a week after Trump announced his re-run last November, when the trader purchased 1.079 million $TRUMP tokens. Despite…
Austin, Texas, May 29th, 2024, Chainwire Agora brings to Sui an exceptional blend of technology, financial markets, and operations experience paired with blue-chip traditional finance partners and backers. Sui, the Layer 1 blockchain offering industry-leading performance and infinite horizontal scaling, announced the launch of stablecoin AUSD on the network, set to occur in July 2024….
Prominent pro-XRP attorney John Deaton has demanded that US Securities and Exchange Commission Chairman Gary Gensler step down in the wake of many high-profile court disputes and growing disapproval of the SEC’s regulatory strategy under Gensler’s direction. Deaton’s Criticism Of Gensler Intensifies Deaton has been a vocal critic of the SEC’s strategy, particularly highlighting its…
The European Union (EU) could fine Microsoft (NASDAQ: MSFT) $2 billion over its failure to prevent AI hallucinations and deepfakes on its search engine Bing. In a recent statement, the European Commission said it was stepping up its enforcement action against the tech giant, which started in March. At the time, the Commission issued a request for information on how…
We’re pleased to be a founding member of the industry’s first-ever Crypto Information Sharing and Analysis Center (ISAC). This not-for-profit organization will foster a collaborative approach to information sharing across the ecosystem to reduce cybersecurity exploits and improve trust in blockchain and cryptoasset technology. “While Kraken has a proven track record for robust cybersecurity protocols,…
In a move to ensure a high-quality trading environment, Binance is set to delist and cease trading on multiple spot trading pairs, including CAKE/TUSD, DYDX/BNB, LAZIO/BTC, according to an announcement from the exchange on May 29, 2024. Periodic Reviews for Market Quality Binance, one of the world’s leading cryptocurrency exchanges,…
Crypto sector observers believe it’s only a matter of time before all major sports apps accept Bitcoin and other major cryptocurrency. That prediction carries weight as we’re already seeing crypto impact the professional sports industry at every level – here’s how. Professional sports is big news this year with some important and exciting fixtures on…
U.S. spot bitcoin exchange-traded funds (ETFs) saw another day of inflows on Tuesday, marking the 11th consecutive day of gains. Despite reports suggesting Blackrock’s IBIT holds more bitcoin than Grayscale’s GBTC, IBIT’s official website shows the fund still needs 322.28 BTC to surpass GBTC. While the web portal was updated on May 28, there may…
Founders: Will Reeves and Matt Luongo Date Founded: 2014; Most recent iteration of company: 2019 Location of Headquarters: Remote Amount of Bitcoin Held in Treasury: “Stacking since the founding of Fold” Number of Employees: 22 Website: https://foldapp.com/ Public or Private? Private Will Reeves wants Fold to be your bitcoin bank. This may sound counterintuitive to…
By Alex Kuptsikevich Market picture The crypto market added 1.3% in 24 hours to $2.58 trillion. This is roughly the area where trading has been centred for the last week, despite attempts by speculators to rock the market. Volatility in the market has decreased, with prices of the major coins varying between -1.3% (Toncoin) and…