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FTX Fraud Case: Gary Wang Spared Prison, But Instead Forfeits $11 Billion
Judge Lewis Kaplan ruled no prison time for FTX co-founder Gary Wang, citing his cooperation in the case.
The judge sentenced him to time served, three years of supervised release, and ordered the forfeiture of $11 billion.
Attorney Nicolas Roos states Wang’s immediate decryption of FTX’s code had significantly helped in the investigation’s progress
Gary Wang, co-founder and former Chief Technology Officer of FTX, has been spared prison time in the FTX fraud case from his cooperation with aut
The judge sentenced him to time served, three years of supervised release, and ordered the forfeiture of $11 billion.
Attorney Nicolas Roos states Wang’s immediate decryption of FTX’s code had significantly helped in the investigation’s progress
Gary Wang, co-founder and former Chief Technology Officer of FTX, has been spared prison time in the FTX fraud case from his cooperation with aut
Toncoin’s Market Cap Surge Threatens Shiba Inu’s Position
TON has a market cap of $13.55 billion while SHIB has a market cap of $13.97 billion.
A drop below $5 will invalidate TON’s bullish pennant pattern.
TON has a long term target of $10 and a short term target of $6.10.
Toncoin (TON), the rising layer-1 blockchain project, is closing in on Shiba Inu (SHIB), the second-largest meme coin in the crypto market. While TON currently ranks 12th among all digital assets, its recent performance suggests it could break into the top 10. This surge comes a
A drop below $5 will invalidate TON’s bullish pennant pattern.
TON has a long term target of $10 and a short term target of $6.10.
Toncoin (TON), the rising layer-1 blockchain project, is closing in on Shiba Inu (SHIB), the second-largest meme coin in the crypto market. While TON currently ranks 12th among all digital assets, its recent performance suggests it could break into the top 10. This surge comes a
Bitcoin and the Altcoin Season Index Explained
Altcoin Season Index at 35 confirms Bitcoin’s continued dominance in the crypto market.
Gradual index rise hints at growing altcoin interest, yet Bitcoin still leads the market.
Ethereum growth and blockchain advances may signal a potential shift toward altcoin focus.
The CoinMarketCap (CMC) Altcoin Season Index registered a score of 35, indicating Bitcoin dominance over the cryptocurrency market. Whereas, a closer look shows there is growing interest in altcoins with key matrices pointing to
Gradual index rise hints at growing altcoin interest, yet Bitcoin still leads the market.
Ethereum growth and blockchain advances may signal a potential shift toward altcoin focus.
The CoinMarketCap (CMC) Altcoin Season Index registered a score of 35, indicating Bitcoin dominance over the cryptocurrency market. Whereas, a closer look shows there is growing interest in altcoins with key matrices pointing to
XRP Price Forecast: $1.5, New ATH? Ripple Settlement Under $125M Eyed
XRP breaks out of a triangle pattern, signaling a bullish move.
Analysts predict $1.5 in the near term, with ATH potential.
Legal experts predict an imminent settlement in the SEC lawsuit, fueled by Gensler’s exit rumors.
XRP surges with a price target of $1.5 and the potential to reach a new all-time high. This bullish momentum reflects positive market sentiment, driven by Ripple’s favorable legal developments and the possibility of new SEC leadership.
XRP Breaks Out: Is a New All-Time H
Analysts predict $1.5 in the near term, with ATH potential.
Legal experts predict an imminent settlement in the SEC lawsuit, fueled by Gensler’s exit rumors.
XRP surges with a price target of $1.5 and the potential to reach a new all-time high. This bullish momentum reflects positive market sentiment, driven by Ripple’s favorable legal developments and the possibility of new SEC leadership.
XRP Breaks Out: Is a New All-Time H
Bitwise Joins Spot Solana ETF Race as SOL Price Nears $260
Bitwise has registered a statutory trust for a proposed Solana ETF.
Under the Trump administration, SOL ETFs are expected to be approved.
Bitwise might soon join VanEck and Canary Capital in the spot SOL ETF race.
Bitwise, a leading digital asset management firm, has intensified the push for SEC approval of a spot Solana exchange-traded fund (ETF) by registering a statutory trust for the proposed SOL ETF, in Delaware.
Meanwhile, the price of SOL is nearing its all-time high of $260. At the t
Under the Trump administration, SOL ETFs are expected to be approved.
Bitwise might soon join VanEck and Canary Capital in the spot SOL ETF race.
Bitwise, a leading digital asset management firm, has intensified the push for SEC approval of a spot Solana exchange-traded fund (ETF) by registering a statutory trust for the proposed SOL ETF, in Delaware.
Meanwhile, the price of SOL is nearing its all-time high of $260. At the t
Ripple CLO: Only Specific Tokens Should Be “Securities”
Simplified crypto rules align with securities law, supporting clarity and fostering innovation.
Decentralization metrics in token regulation create vagueness, risking legal inconsistency.
FIT21 revisions can enhance enforcement by removing decentralization as a defining criterion.
Crypto tokens classified as securities have been a hot-button issue within the digital asset space. Instead, Stuart Alderoty, Chief Legal Officer at Ripple, advocates for a simplified approach to crypto regulation.
Decentralization metrics in token regulation create vagueness, risking legal inconsistency.
FIT21 revisions can enhance enforcement by removing decentralization as a defining criterion.
Crypto tokens classified as securities have been a hot-button issue within the digital asset space. Instead, Stuart Alderoty, Chief Legal Officer at Ripple, advocates for a simplified approach to crypto regulation.
South Korea Bans Bitcoin ETFs, Restricts Crypto-Related Funds
South Korea bans Bitcoin ETFs, citing investor protection, sparking regulatory criticism.
Global crypto ETF adoption rises as South Korea enforces stricter investment rules.
Restrictive policies may hinder South Korea’s role in the evolving digital asset market.
South Korea has kept its crypto regulations in check yet again when it banned Bitcoin spot and futures ETFs thereby blocking funds that invest in virtual asset companies like Coinbase.
According to Ki Young Ju, Founder & CEO of Crypt
Global crypto ETF adoption rises as South Korea enforces stricter investment rules.
Restrictive policies may hinder South Korea’s role in the evolving digital asset market.
South Korea has kept its crypto regulations in check yet again when it banned Bitcoin spot and futures ETFs thereby blocking funds that invest in virtual asset companies like Coinbase.
According to Ki Young Ju, Founder & CEO of Crypt
Top Chinese Crypto Advocate Expelled from Party for Corruption
Yao Qian used virtual currency to trade regulatory powers for financial benefits.
He violated recruitment protocols, accepted luxury gifts, and misused public funds.
Authorities confiscated his illegal earnings and transferred the case for prosecution.
Yao Qian, a top Chinese crypto advocate and former regulatory official, was expelled from the Communist Party for corruption charges involving digital currencies. This incident highlights the complexities of China’s relationship with crypt
He violated recruitment protocols, accepted luxury gifts, and misused public funds.
Authorities confiscated his illegal earnings and transferred the case for prosecution.
Yao Qian, a top Chinese crypto advocate and former regulatory official, was expelled from the Communist Party for corruption charges involving digital currencies. This incident highlights the complexities of China’s relationship with crypt
Polygon Holds Steady at $0.37 But Is it Time to Worry About SAND and AAVE?
POL’s $0.4250 support remains critical for stability amid reduced trading volume.
SAND faces $0.3350 as key support, with declining volume signaling lower momentum.
AAVE consolidates near $161.00 support, eyeing a potential breakout past $165.00.
Polygon (POL) is holding steady at $0.37 despite a recent dip, while The Sandbox (SAND) and Aave (AAVE) are facing bearish pressure. Let’s find out if these altcoins can recover and follow Polygon’s lead.
Polygon (POL) Navigating a Volatile Landscap
SAND faces $0.3350 as key support, with declining volume signaling lower momentum.
AAVE consolidates near $161.00 support, eyeing a potential breakout past $165.00.
Polygon (POL) is holding steady at $0.37 despite a recent dip, while The Sandbox (SAND) and Aave (AAVE) are facing bearish pressure. Let’s find out if these altcoins can recover and follow Polygon’s lead.
Polygon (POL) Navigating a Volatile Landscap
Coinbase Ditches wBTC, Backs Its Own Bitcoin-Wrapped Token, cbBTC
Coinbase launches cbBTC on Solana, allocating $10M to protocols and $500K for liquidity reserves.
Coinbase delists wBTC citing listing standards amid scrutiny over BitGo’s ties to Justin Sun’s BiT Global.
Transparency issues and lack of proof-of-reserves fuel debate over Bitcoin-wrapped tokens cbBTC and wBTC.
The battle for dominance in the Bitcoin-wrapped token space intensified as Coinbase endorsed its own product, cbBTC, while delisting Wrapped Bitcoin (wBTC).
Coinbase’s cbBTC: Expa
Coinbase delists wBTC citing listing standards amid scrutiny over BitGo’s ties to Justin Sun’s BiT Global.
Transparency issues and lack of proof-of-reserves fuel debate over Bitcoin-wrapped tokens cbBTC and wBTC.
The battle for dominance in the Bitcoin-wrapped token space intensified as Coinbase endorsed its own product, cbBTC, while delisting Wrapped Bitcoin (wBTC).
Coinbase’s cbBTC: Expa
What to Expect from Sui’s Price Action: A Breakdown of Key Insights
SUI’s price fluctuates between $3.65 and $3.85, offering short-term trading opportunities.
Key support at $3.70 and resistance at $3.80 will determine SUI’s next move.
The November 2024 price forecast predicts SUI could range between $3.77 and $5.12.
Sui (SUI) is showing active trading within a defined range, with its price fluctuating between key support and resistance levels. Traders are closely watching SUI’s price action as it approaches the middle of November 2024.
Sui (SUI) has been ac
Key support at $3.70 and resistance at $3.80 will determine SUI’s next move.
The November 2024 price forecast predicts SUI could range between $3.77 and $5.12.
Sui (SUI) is showing active trading within a defined range, with its price fluctuating between key support and resistance levels. Traders are closely watching SUI’s price action as it approaches the middle of November 2024.
Sui (SUI) has been ac
Ripple and MCV Partner to Drive RLUSD Stablecoin Adoption
Ripple and Mercy Corps Ventures have expanded their partnership.
The two companies will work towards the adoption of RLUSD stablecoin.
Ripple has pledged a substantial $5.5 million to support MCV.
Ripple, the American fintech firm, and Mercy Corps Ventures (MCV) have expanded their partnership to focus on the adoption of the RLUSD stablecoin. This blockchain-based token is pegged to the US dollar and is currently in beta testing.
As per an announcement, the two firms will expand their “Unlo
The two companies will work towards the adoption of RLUSD stablecoin.
Ripple has pledged a substantial $5.5 million to support MCV.
Ripple, the American fintech firm, and Mercy Corps Ventures (MCV) have expanded their partnership to focus on the adoption of the RLUSD stablecoin. This blockchain-based token is pegged to the US dollar and is currently in beta testing.
As per an announcement, the two firms will expand their “Unlo
AI Copy Trading Arrives: Woo X Launches “Man vs. Machine” Contest
Woo X introduces George AI, an AI-powered lead trader, to its copy trade application.
The exchange has entered into a strategic partnership with Kaito, the AI search platform for Web3.
The project helps users mirror a machine learning-powered crypto sentiment tool.
Cryptocurrency exchange Woo X has launched “George AI,” an artificial intelligence tool that allows users to copy trades based on machine learning sentiment analysis. Users can also compete in weekly trading competitions against th
The exchange has entered into a strategic partnership with Kaito, the AI search platform for Web3.
The project helps users mirror a machine learning-powered crypto sentiment tool.
Cryptocurrency exchange Woo X has launched “George AI,” an artificial intelligence tool that allows users to copy trades based on machine learning sentiment analysis. Users can also compete in weekly trading competitions against th
ADA and XRP Surge as Cardano and Ripple Plan DeFi Collaboration
Cardano and Ripple hint at proposed collaboration.
The collaboration will integrate DeFi components on XRP.
Analysts expect the Cardano-Ripple partnership to boost cryptocurrencies’ value.
Cardano and Ripple have teased plans for a partnership to integrate DeFi components on XRP. The collaboration aims to increase liquidity and add a stablecoin layer to XRP. In a recent AMA session, highlighted in a podcast by a crypto analyst, Cardano founder Charles Hoskinson suggested creating a path for M
The collaboration will integrate DeFi components on XRP.
Analysts expect the Cardano-Ripple partnership to boost cryptocurrencies’ value.
Cardano and Ripple have teased plans for a partnership to integrate DeFi components on XRP. The collaboration aims to increase liquidity and add a stablecoin layer to XRP. In a recent AMA session, highlighted in a podcast by a crypto analyst, Cardano founder Charles Hoskinson suggested creating a path for M
South Korean City Seizes and Sells Crypto for Unpaid Taxes
Paju City in South Korea will sell cryptocurrencies seized from local tax defaulters.
The seized assets, valued at around ₩50 million ($37,000), will be liquidated if taxes remain unpaid by the end of November.
This marks the first time a South Korean local government has directly liquidated cryptocurrency holdings for tax enforcement.
Paju City, in South Korea’s Gyeonggi Province, has announced its first-ever plan to sell cryptocurrencies held by local tax defaulters. This marks a significan
The seized assets, valued at around ₩50 million ($37,000), will be liquidated if taxes remain unpaid by the end of November.
This marks the first time a South Korean local government has directly liquidated cryptocurrency holdings for tax enforcement.
Paju City, in South Korea’s Gyeonggi Province, has announced its first-ever plan to sell cryptocurrencies held by local tax defaulters. This marks a significan
XRP’s Edge: What Sets This Cryptocurrency Apart?
XRP powers fast, low-cost cross-border payments, boosting global trade efficiency.
Robinhood listing and regulatory clarity fuel XRP’s 50% price surge.
XRP Ledger enables tokenization and stablecoin innovations, driving institutional adoption.
XRP is rapidly gaining traction in the financial world. Known for its fast and affordable cross-border payments, XRP is being recognized for its innovative uses across various industries.
XRP was designed to fix inefficiencies in traditional payment s
Robinhood listing and regulatory clarity fuel XRP’s 50% price surge.
XRP Ledger enables tokenization and stablecoin innovations, driving institutional adoption.
XRP is rapidly gaining traction in the financial world. Known for its fast and affordable cross-border payments, XRP is being recognized for its innovative uses across various industries.
XRP was designed to fix inefficiencies in traditional payment s
Bitcoin’s Nasdaq Fuel: Spot ETFs Launch BTC to $100K?
Bitcoin broke the $94,000 price level for the first time in history.
NASDAQ is listing options on BlackRock’s IBIT on Tuesday.
A NASDAQ executive sees this development as an exciting opportunity for investors.
Bitcoin (BTC) broke above the $94,000 price level for the first time, making a new all-time high at $94,002.87 about ten hours back. This achievement comes on the heels of the highly anticipated listing of U.S. spot Bitcoin exchange-traded fund (ETF) options on NASDAQ.
This surge follo
NASDAQ is listing options on BlackRock’s IBIT on Tuesday.
A NASDAQ executive sees this development as an exciting opportunity for investors.
Bitcoin (BTC) broke above the $94,000 price level for the first time, making a new all-time high at $94,002.87 about ten hours back. This achievement comes on the heels of the highly anticipated listing of U.S. spot Bitcoin exchange-traded fund (ETF) options on NASDAQ.
This surge follo
Crypto Lawyer Deaton Condemns Trump’s SEC and Treasury Picks
John Deaton raises concerns about the latest candidates for the SEC Chair and Treasury Secretary posts.
While Bob Stebbins is a top contender for the SEC Chair, Kevin Warsh gains support to become the next Treasury Secretary.
Deaton urges Trump to consider Scott Bessent or Brian Brooks for the new Treasury Secretary.
Pro-XRP lawyer John Deaton voiced concerns about the potential appointments of Bob Stebbins and Kevin Warsh in President-elect Donald Trump’s administration.
Reports suggest for
While Bob Stebbins is a top contender for the SEC Chair, Kevin Warsh gains support to become the next Treasury Secretary.
Deaton urges Trump to consider Scott Bessent or Brian Brooks for the new Treasury Secretary.
Pro-XRP lawyer John Deaton voiced concerns about the potential appointments of Bob Stebbins and Kevin Warsh in President-elect Donald Trump’s administration.
Reports suggest for
Trump’s Most-Likely SEC Pick: Blockchain Lawyer Teresa Goody Guillén
Trump’s transition team is considering Teresa Goody Guillén to replace the SEC Chair, Gary Gensler.
Goody Guillén’s securities, litigation, and investigations expertise make her one of the best candidates.
Brendan Playford acknowledges her as a change-maker who would dramatically transform the industry.
President-elect Donald Trump’s transition team is considering Teresa Goody Guillén, a former SEC attorney, to lead the regulatory commission. According to industry sources, the blockchain-sa
Goody Guillén’s securities, litigation, and investigations expertise make her one of the best candidates.
Brendan Playford acknowledges her as a change-maker who would dramatically transform the industry.
President-elect Donald Trump’s transition team is considering Teresa Goody Guillén, a former SEC attorney, to lead the regulatory commission. According to industry sources, the blockchain-sa
Binance’s Red Flag: Why These Altcoins Could Be Delisted Soon
Binance has put FTT, ZEC, JASMY, and others under scrutiny.
If these tokens fall short of the CEX’s standards, they will be delisted.
The total market cap of tokens under monitoring stands at $4.32 billion.
Binance, the world’s largest cryptocurrency exchange by volume, placed numerous digital assets under scrutiny, including FTX Token (FTT), ZCash (ZEC), and JasmyCoin (JASMY). This would mean these altcoins carry higher investment risk, and so the exchange could delist any of these coins in
If these tokens fall short of the CEX’s standards, they will be delisted.
The total market cap of tokens under monitoring stands at $4.32 billion.
Binance, the world’s largest cryptocurrency exchange by volume, placed numerous digital assets under scrutiny, including FTX Token (FTT), ZCash (ZEC), and JasmyCoin (JASMY). This would mean these altcoins carry higher investment risk, and so the exchange could delist any of these coins in
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COSSocialFiRevolution
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$FLOKI
🔥🔥 FLOKI Token price prediction for next year 2025! 🚀🚀🚀
👀 Floki Inu's price prediction for 2025 is looking bullish! According to CoinCodex, the token's price is expected to fluctuate between $0.000481 and $0.001325, with an average price of $0.000762.
👀 Monthly Price Predictions for 2025:
-January: $0.000707 (min), $0.000996 (avg), $0.001325 (max)
-February: $0.000775 (min), $0.000946 (avg), $0.001153 (max)
-March: $0.000972 (min).
📢 Let's Learn & Earn Together :🏅
👀 THE IMPORTANCE AND POTENTIAL OF WEB3 SOCIAL NETWORKS: HOW CONTENTOS IS LEADING THE WAY:
Web3 social networks represent a transformative shift in the digital age, offering decentralized, user-driven platforms that empower individuals to own their data, monetize their content, and actively shape online communities. Unlike traditional platforms dominated by centralized entities, Web3 networks use blockchain technology to eliminate intermediaries, ensuring transparency, privacy, and fair value distribution.
The potential of Web3 lies in addressing critical challenges of the current internet, including data misuse, censorship, and monopolized revenue models. With user-centric ecosystems, these networks could redefine digital interaction.
Contentos is at the forefront of this revolution, reimagining the digital content landscape with its unique, blockchain-powered infrastructure. Unlike conventional platforms, Contentos offers a decentralized content ecosystem where creators retain ownership of their work, ensuring fair monetization and immutable copyrights. Its native token (COS) allows users to reward creators directly.
What makes Contentos truly unique is its blend of transparency and incentives. By integrating blockchain technology, it prevents manipulation and ensures equitable distribution of rewards. The platform’s focus on community engagement through tokenized ecosystems sets a new standard for creator empowerment.
#COSSocialFiRevolution @Contentos-COS $COS #Write2Earn! #HaveYouBinanced $BTC
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