The Solana network’s native token SOL is “not a security,” despite the Securities and Exchange Commission (SEC) claiming otherwise, the Solana Foundation has said. Commenting on the regulatory status of its token to CoinDesk on Thursday, the Solana Foundation made it clear that it still sees Solana as sufficiently decentralized for its native token to…
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It’s been a disastrous week for Polygon. The Ethereum layer-2 scaling solution’s native MATIC token has shed nearly 20% of its value since the weekly open, tanking from the upper $0.80s to the low-$0.70s…. Read More: Polygon Price is Going to Zero as the SEC Begins Clamp Down on Crypto Industry but Sustainable Coin Ecoterra…
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The cryptocurrency industry is in turmoil, with Coinbase and Binance experiencing a massive outflow of over $4 billion in recent days. This is due to the allegations by the SEC of federal securities law violations, leading to a significant number of users leaving these exchanges. Given these circumstances, how might this impact the selection of…
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Bitcoin, the leading cryptocurrency, experienced a recent dip that saw its price reach a bottom at $26,200. However, a surge of bullish activity has propelled BTC back up, raising questions about its future trajectory. Traders and investors eagerly await insights into where Bitcoin is headed next. Will its upward momentum continue, or is there potential…
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It’s been an ugly few days for ADA, the cryptocurrency that powers the Cardano blockchain, a decentralized smart-contract-enabled layer-1 protocol. ADA dropped another near 7% on Friday to hit $0.30 per token and is eyeing a retest of March’s lows. Losses on the week now stand at a staggering more than 20%, which would mark…
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Baby don’t rug me? One of the newest meme coins is based on the popular Tiktok and Twitter meme featuring bodybuilder Mike O’Hearn, and it’s already a top trending cryptocurrency. $MIKE coin is up 70% in the past 24 hours and recently broke into the top ten trending cryptocurrency assets, or ‘hot pairs’, on DEXTools…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Google Cloud Offers Certain Customers Up To $1M for Cryptomining Attacks, Countdown Until MiCA Enters into Effect Officially Starts, Hong Kong to Lay Foundations to Implement Retail CBDC…
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The price of Terra Luna Classic (LUNC) has risen 3% in the past 24 hours, reaching $0.00009765 as the cryptocurrency market as a whole barely moves within the same timeframe. LUNC is now up by 14% in the past week and by 7% in the last 30 days, although the altcoin has declined by 32%…
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BitGo Holdings Inc., the renowned digital asset trust and security company, has revealed plans to acquire 100% of the equity of Prime Core Technologies, Inc., the parent company of Prime Trust. The development marks a watershed moment for the Prime Trust clients, positioning them to enjoy business continuity, long-term stability, and regulated, secure solutions once…
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Amid a turbulent week for crypto markets, which has seen the industry come under serial assault from SEC enforcement actions, all eyes are on Ripple and the upcoming June 13 Hinman-document release date. With Gary Gensler’s SEC now bringing lawsuits against both Binance.us and Coinbase, downside action has dominated the charts in the aftermath of…
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