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Elon Musk, SpaceX and Tesla are facing $258 billion lawsuit for promoting Dogecoin “pyramid scheme”.
Elon Musk is facing a colossal lawsuit that alleges that he, as well as his companies, Tesla and SpaceX, were “engaged in a crypto pyramid scheme by way of Dogecoin cryptocurrency. ” The lawsuit seeks a $258 billion settlement over Musk’s alleged involvement in the claimants being “defrauded out of money” by the Dogecoin (DOGE) cryptocurrency. origin »
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SEC lawsuit: Ripple files response to SEC’s redactions; you must not miss out on....
The latest developments in the Ripple vs. SEC battle focus on Ripple’s response to the SEC’s proposed redactions. The latter is regarding the SEC’s letter opposing Movants’ motion to file an aThe post SEC lawsuit: Ripple files response to SEC’s redactions; you must not miss out on... appeared first on AMBCrypto. origin »
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Here's how XRP traders can leverage this structure to remain profitable.
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Since slipping below its daily 20 EMA (red), XRP has been on aThe post Here's how XRP traders can leverage this structure to remain profitable appeared first on AMBCrypto. origin »
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BTC: Want to time the bottom? These 'bull traps,' 'fake pumps' might help.
Bitcoiners have been active in recent days following the latest crypto crash. The 3AC and Celsius liquidations have been attributed to the major price drops. In fact, the on-chain metrics of Bitcoin hThe post BTC: Want to time the bottom? These 'bull traps,' 'fake pumps' might help appeared first on AMBCrypto. origin »
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Bank For International Settlements Explains MEV & Ethereum Market Manipulation.
The “miner extractable value” or MEV and its effects are one of the industry’s open secrets. And the Bank for International Settlements recently put out a document titled “Miners as intermediaries: extractable value and market manipulation in crypto and DeFi” to explain the phenomenon and the risks it implies. In it, they define MEV “as […] origin »
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The International Summit MetaVentures Bangkok Will Be Held on December 1-3, 2022.
MetaVentures – presents its second unique event in Thailand. The exclusivity of the event opens the door to business and investment opportunities targeting a broad international audience. Investments, Blockchain, Metaverse and NFT, Biotech, DeFi, DAO, Digital Art, mining, payment systems, and digital asset regulation are just some of the list of topics that will be […] The post The International Summit MetaVentures Bangkok Will Be Held on December 1-3, 2022 appeared first on NullTX. origin »
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PlayDapp Unveils 3 Core Developments at the Consensus 2022 Conference.
Global blockchain middleware provider PlayDapp is delighted to announce some of its major developments at the recent Consensus 2022 Conference, which took place last weekend in Austin, Texas. PlayDapp is a global blockchain middleware provider that provides companies with the opportunity across many different industries to integrate blockchain technology into their business models and easily […] origin »
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Public Bitcoin Miners Struggle To Keep Up With Difficulty As BTC Production Declines.
The recent decline in the price of bitcoin is not the only thing that those in the space have had to deal with. It has spilled into other important aspects of the community such as mining. Public and private miners have been having a hard run of it lately with their cash flow plummeting due […] origin »
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Mike Novogratz Says It's Going to Take a While for Bitcoin and Ethereum to Recover.
No “soft landing”? Mike Novogratz predicts that the economy will enter into a recession origin »
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Three Arrows Capital has failed to meet margin calls: Report.
Crypto lender BlockFi was among several companies to liquidate at least some of 3AC’s positions, according to a new report.
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Bitcoin Is Reaching Mid-Halving in Upcoming Months, Here's How Price Bottomed In Previous Cycles.
Bitcoin's halving may save market again, according to historical analysis origin »
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Israel, Hong Kong enter partnership to test new CBDC against cyber risks.
The Bank of Israel has joined hands with the Hong Kong Monetary Authority to test a new central bank digital currency (CBDC), Bloomberg News reported on June 16. The post Israel, Hong Kong enter partnership to test new CBDC against cyber risks appeared first on CryptoSlate. origin »
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Huobi Lists Triple-A MOBA Game FOTA on its Exchange.
The Triple-A MOBA game Fight of the Ages (FOTA) has announced the listing of its native currency, $FOTA, on the leading exchange, Huobi. Huobi is a top-tier cryptocurrency exchange, and this listing marks a significant milestone for the project as it prepares for its upcoming IDO on the Bluezilla launchpad. origin »
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Bitcoin Exchange Reserve Spikes Up, Selloff Not Over Yet?.
On-chain data shows Bitcoin exchange reserves have sharply increased in value, a sign that the selloff may not be over yet. Bitcoin Exchange Reserve Observes Rapid Rise As pointed out by an analyst in a CryptoQuant post, a high number of coins have entered exchanges over the last day. origin »
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First Mover Asia: When Crypto Rebuilds After This Cold Winter, Firms Like Three Arrows Capital Won't Have a Place; Bitcoin Sinks Toward $20K.
The crypto hedge fund, which has been one of the industry’s most prolific investors in new protocols and is also a large borrower, is facing $400 million in liquidations on its positions; ether drops toward $1,000. origin »
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EXIT FESTIVAL LAUNCHES NEW NFT COLLECTIONS WITH GLOBAL MUSIC STARS AND CELEBRITIES.
Unique NFT collections combine cutting-edge digital art and superior real-life experiences Ahead of this year’s much-anticipated EXIT Festival, the two-time winner of the Best Major European Festival award and one of the world’s leading cultural, social, and entertainment events is set to launch two new NFT collections on the 20th and 21st of June. origin »
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Biggest ‘stETH’ Pool Almost Empty, Complicating Exit for Would-Be Sellers.
A trading pool that large institutional investors such as Alameda Research and Three Arrows Capital have used to dump their “stETH” tokens is now nearly drained and heavily imbalanced, potentially trapping retail investors as well as the embattled crypto lender Celsius. origin »
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High-profile BAYC collector denies allegations of wrongdoing brought by DeFi detective.
At the time of publication, it is not clear how the DeFi detective allegedly connected wallets with questionable activities to Jeff Huang. origin »
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Anthony Scaramucci Reveals Buying Crypto During Crash, Suggests Staying Disciplined.
Many crypto investors have sold their assets due to the ongoing market volatility. However, the effects of the crash are still reverberating across all the exchanges and crypto firms. Some lost liquidity and couldn’t sustain users’ demands, while others downsized their staff capacity. origin »
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AAVE: A bearish retest of this zone could present shorting opportunities.
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the opinion of the writer. Bitcoin and Ethereum continued to post loThe post AAVE: A bearish retest of this zone could present shorting opportunities appeared first on AMBCrypto. origin »
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Bitcoin Consumes Million Times More Energy Than Credit Cards: IMF Report.
The IMF has taken aim at Bitcoin's energy use in its new report origin »
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“We’ve Been Preparing For This,” Ripple CEO Reveals Huge Growth And Hiring Plans Despite The Crypto Winter.
Ripple CEO Brad Garlinghouse has stated that the firm will keep hiring despite the ongoing crypto carnage. origin »
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Blockchain.com Will Offer an NFT-based Domain to 83 Million Wallet Holders.
In a new turn of events, Blockchain. com announced that it will roll out blockchain-powered NFT domains for millions of wallet users. The announcement came into effect after a new partnership of Blockchain. origin »
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Interview: Russian citizens could turn to crypto to safeguard wealth – ComplyAdvantage.
Money laundering is an issue that is often branded about in mainstream media as… The post Interview: Russian citizens could turn to crypto to safeguard wealth – ComplyAdvantage appeared first on CoinJournal. origin »
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XRP Continues To Move Laterally, Does It Have A Bearish Target Now?.
XRP has been hovering within a price range over the past few days. Over the last 24 hours, the coin attempted to move slightly on the upside. The market movers also noted slight uptick on their charts after the Federal Reserve raised interest rates by 75-basis points. origin »
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TronDAO to initiate a 3 billion withdrawal to guard TRX’s value.
TronDAO announced it would be withdrawing another 3 billion TRX from a CeFi and DeFi lending platform. The post TronDAO to initiate a 3 billion withdrawal to guard TRX’s value appeared first on CryptoSlate. origin »
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SOL price trending toward yearly low as Solana TVL drops $870M in three days.
DeFi contagion fears and bearish technicals mean additional downside pressure on Solana price.
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Panama President Vetoes Crypto Bill Over Laundering Risks.
The bill will now go up for another vote in Panamas National Assembly. President of Panama Strikes Down Crypto Bill The President of Panama has called for amendments to the... origin »
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Bitcoin (BTC) Negates Gains With Bearish Engulfing Candlestick.
Bitcoin (BTC) decreased sharply creating a bearish engulfing candlestick and nearly falling to a new yearly low. The post Bitcoin (BTC) Negates Gains With Bearish Engulfing Candlestick appeared first on BeInCrypto. origin »
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Bored Ape Yacht Club re-asserts OpenSea dominance, but down 53% in price.
Data from nftpricefloor dot com shows the Bored Ape Yacht Club (BAYC) price floor fell by 53% from its May all-time high. The post Bored Ape Yacht Club re-asserts OpenSea dominance, but down 53% in price appeared first on CryptoSlate. origin »
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Avalanche: Why AVAX traders must remain on the lookout for this.
Ever since its ATH in November, Avalanche (AVAX) sellers have been on the front foot by keeping the buying rallies under their check. The liquidations from the recent symmetrical triangle pulled the aThe post Avalanche: Why AVAX traders must remain on the lookout for this appeared first on AMBCrypto. origin »
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How the UST crash changed the stablecoin landscape.
Once the 3rd largest stablecoin, TerraUSD (UST) has shaken the entire stablecoin market after it collapsed on May 9. The post How the UST crash changed the stablecoin landscape appeared first on CryptoSlate. origin »
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Hester Peirce expresses strong support for crypto spot ETFs and regulatory structure.
The pro-crypto SEC commissioner and “Crypto Mom” had sharp words for SEC behavior toward Bitcoin spot ETF sponsorship applicants, delivered at a libertarian forum. origin »
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MicroStrategy pushes away Margin Call rumours.
MicroStrategy's bank account now holds 129,218 Bitcoins. In fact, some believe the firm may be obliged to liquidate or pledge a significant portion of its Bitcoin reserves as collateral as a result ofThe post MicroStrategy pushes away Margin Call rumours appeared first on AMBCrypto. origin »
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XRP Lawsuit: Ripple Claims SEC Is Attempting to Conceal Its Flaws from Public Criticism.
Ripple defendants have filed their response origin »
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Peter Schiff Agrees with Michael Saylor That Bitcoin Is on Sale, But There's a Catch.
Big Bitcoin critic Schiff says he finally agrees with famous BTC evangelist on one thing about Bitcoin origin »
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Litecoin [LTC]: Assessing if a sizable bull run can be on the way.
Litecoin [LTC] bears demonstrated their dominance once again towards the end of last week, leading to more downside. However, LTC’s latest lows suggest that it is closer to the bottom than expected. origin »
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Finblox Limits Daily Withdrawals as Fears Grow Over Future of 3AC.
Crypto savings app Finblox is imposing a withdrawal limit and preventing new users from registering due to uncertainty over the future of crypto hedge fund Three Arrows Capital. The post Finblox Limits Daily Withdrawals as Fears Grow Over Future of 3AC appeared first on BeInCrypto. origin »
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Elon Musk advances support for an integrated payment system on Twitter that supports cryptocurrencies.
The possibility of Twitter integrating crypto payment surfaces after Elon Musk met with the employees With Elon Musk at the helm of Twitter affairs, we might see the possibility of the social media giant integrating crypto payments. origin »
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High Street metaverse: Why you should consider buying.
Virtual reality is going to transform human interaction over the coming years. All the… The post High Street metaverse: Why you should consider buying appeared first on CoinJournal. origin »
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Bitcoin could finally bottom after one more dump.
Bitcoin hit an 18-month low over the last three days. The coin is seeing…
The post Bitcoin could finally bottom after one more dump appeared first on CoinJournal.
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SEC commissioner Hester Pierce criticizes agency’s resistance to Bitcoin spot ETP.
United States Securities and Exchange Commission (SEC) Commissioner Hester Pierce believes that it is time for the regulator to approve a Bitcoin spot exchange-traded product (ETP). The post SEC commissioner Hester Pierce criticizes agency’s resistance to Bitcoin spot ETP appeared first on CryptoSlate. origin »
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How Inverse Finance's $1.2 million exploit played out behind the scenes.
The string of DeFi hacks continued to ensue in the crypto market, with the latest victim being Inverse Finance. It suffered a fresh exploit on 16 June worth $1. 2 million. It is the latest attack on thThe post How Inverse Finance's $1. origin »
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First Law Firm Uses NFT to Serve an Anonymous Defendant a Restraining Order.
Holland & Knight, an international law firm, has managed to become the first company to serve a temporary restraining order to a defendant through an NFT. The NFT, at its core, was airdropped by the law firm’s Asset Recovery team in a professional and legal manner. origin »
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Top Web3 Stocks to Buy Right Now.
Considering how much the current internet infrastructure has impacted the way the world runs, especially economically, it’s important to gain foresight on how Web3 is affecting the socio-economic landscape. origin »
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NFT Prices Decline During Crypto Market Crash But NFT Sales Continue to Increase.
Whether it’s Moonbirds or Bored Apes, some of the best NFT collections have lost significant value in a short time. Surprisingly, the sales of these NFTs are increasing, which means buyers want to leverage this opportunity. origin »
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Is The Bitcoin Halving The Key For A BTC Price Bottom?.
Bitcoin is still holding above $20,000 despite a massive increase in selling pressure over the past few days. The cryptocurrency has experienced some of the worst capitulation events in its history and could be read for a fresh leg-down. origin »
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Market Wrap: Bottom Has Not Been Reached for Crypto, but Capitulation Is Needed.
MarketWrap Thursday, June 16th origin »
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‘Dogefather’ Elon Musk Slapped With Mammoth $258 Billion Lawsuit For Allegedly Pumping Dogecoin.
The lawsuit, filed in Manhattan on Thursday, claims Elon Musk, electric vehicle manufacturer Tesla, and space exploration startup SpaceX are masterminds of a “Dogecoin Crypto Pyramid Scheme” which resulted in the plaintiff losing money. origin »
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Resistance is futile! 3 reasons why Bitcoin mining will never go away.
Numerous governments have tried to ban Bitcoin mining, but data and insights from those in the mining industry suggest that this is easier said than done. origin »
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