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LayerZero Eyes aumenta del 25%: ZRO raggiungerà $ 5 questo fine settimana?
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SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse
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SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse The U.S. Securities and Exchange Commission (SEC) announced that Tai Mo Shan Ltd. has agreed to pay $123 million to resolve allegations of misleading investors about the stability of terrausd, Terra’s algorithmic stablecoin. Tai Mo Shan Settles SEC Allegations Over Terrausd for $123 Million Tai Mo Shan, a subsidiary of Jump Crypto Holdings, was accused of engaging in deceptive practices to stabilize terrausd’s $1 peg. According to the SEC complaint, the firm purchased over $20 million worth of terrausd (UST) on days when its value dropped below $1. These actions allegedly misled investors into believing that UST’s algorithmic mechanisms, designed to maintain the peg, were functioning independently. The SEC further alleged that Tai Mo Shan’s trading was incentivized by Terraform Labs, which offered discounted options for its sister token, Luna. The charges also include violations of securities laws in the underwriting and sale of Luna tokens. Tai Mo Shan reportedly acted as a statutory underwriter by acquiring Luna from Terraform Labs and reselling it as securities on U.S.-based crypto platforms between January 2021 and May 2022, according to the SEC order. The collapse of UST in May 2022, known as a key event during the so-called “crypto winter,” triggered significant losses in the cryptocurrency market. Terraform Labs and its founder, Do Kwon, were previously found liable for fraud this year, resulting in a $4.5 billion settlement with affected investors. #SEC #JumpCrypto #TerraStablecoin #CryptoNews #SECCharges $LUNC $BTC $LUNA
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Ripple XRP a Must Buy for Christmas? Analysts Project 80% Surge
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Ripple XRP a Must Buy for Christmas? Analysts Project 80% Surge After two years of struggling, Ripple (XRP) has skyrocketed 258% in 2024. Ahead of Christmas, analysts are predicting a further surge. Could this surge mark XRP as a must-buy cryptocurrency before the holidays? XRP has struggled within the last week due to an overarching market downturn. Prior to this weekend’s start, Ripple’s cryptocurrency was down 7% in the week. Ripple’s recent launch of RLUSD hopes to be a catalyst for the price to climb into the new year, with plenty of analysts still bullish. CoinCodex analysts in particular are still firm believers in XRP, encouraging users to buy in before Christmas. CoinCodex analysts predict an 80% surge for XRP in 2025, mimicking the recent surge of the asset in 2024. By April, the analysts suggest that XRP could hit a maximum of $4 if the asset performs at its best. CoinCodex projects an average price of $ 3.17, with the token remaining at its current price at the bare minimum. This is great news for investors who don’t want to lose too much risking an early XRP investment for Christmas. While this is just one prediction, multiple analysts in the crypto world are also bullish on XRP’s future in 2025. RLUSD is expected to be a big player in XRP’s growth in 2025, as the Ripple stablecoin gains traction. Furthermore, XRP is also a potential suitor for the next crypto ETF, with multiple asset managers waiting on approval of their ETF for the coin. Bitcoin was able to surge nearly 100% in the months following its ETF approval, thus, XRP believers are bullish that they will see the same. #Ripple #XRP #CryptoNews #XRPPrice #BuyXRP $XRP $BTC $SOL
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Dogecoin Down 23% This Week as Bitcoin and XRP Stumble After Surges
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Ultime notizie
Blockchain Security Reports Over $6 Billion Losses Due To Hacks And Frauds
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BNB Chain Annual Report: 58% TVL Growth, 17% Unique Addresses Increase, and 67% Drop in Security Losses Define 2024’s Success
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BNB Surpasses 680 USDT with a 1.92% Increase in 24 Hours
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Mt. Gox Transfers $49.3 Million In Bitcoin, Reports Arkham
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MicroStrategy Acquires Additional 5,262 Bitcoins at Average Price
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