Gekocrypto Global News

SEBI proposes revised settlement rules for inactive trading accounts Expert Cites Lack of Investor Interest, Doubts Approval for Solana, Cardano ETFs MARA Holdings upsizes note offering to $850 million to buy more Bitcoin SEC Amends Binance Lawsuit, Alleging Wash Trading and More Sensex Today | Stock Market LIVE Update: Nifty 50, Sensex off intra-day highs, IndusInd Bank, Tata Steel top losers Shiba Inu on Major Bullish Edge with 2.6 Billion SHIB Traded in 24 Hours, Can Mpeppe (MPEPE) Get In On The Action? INJ to $65, DOT to $12? Why these altcoins can have a bullish H2 Shiba Inu Trader Says These Ethereum Altcoins Are Forming a Daily Bull Flag, What Happened Last Time? CXT is live and available for trading! T4Trade Makes Trading Accessible to Everyone, Everywhere Silver Price Forecast: XAG/USD posts fresh weekly high at $29.20 as US labor market cools down The Surge of Stablecoins at the End of 2024 and What to Expect in 2025

By Mark Hunter 1 month agoMon Oct 21 2024 07:09:16 Reading Time: 2 minutes The SEC has filed an amended complaint against Binance, adding allegations of wash trading Other new claims involve the misrepresentation of investor protections on Binance.US, particularly surveillance systems that were promised but never implemented The updated filing includes more details on the extent of CEO Changpeng Zhao’s control over U.S. operations, emphasizing efforts to evade U.S. regulatory oversight The Securities and Exchange Commission (SEC) last week amended its complaint against Binance , adding additional charges involving wash trading and investor misrepresentation. The amended complaint alleges that...

21.10.2024

CXT is live and available for trading!

We’re thrilled to announce that Covalent (CXT) is now available on Kraken! Funding and trading CXT trading is live as of 14:00 PM UTC today, August 8th, 2024. To add $CXT to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’. Make sure to deposit your tokens using the networks supported by Kraken. Deposits made using other networks will be lost. CXT is tradeable on Kraken and Kraken Pro with the following parameters: Asset Pair Price decimal precision Minimum order size Minimum deposit CXT USD, EUR 5 40 40 Note: Trading via Kraken App and...

08.08.2024

MARA Holdings upsizes note offering to $850 million to buy more Bitcoin

The notes will not pay regular interest payments to the bondholders. Photo: mara.com Key Takeaways Marathon Digital Holdings has upsized its convertible senior notes offering to $850 million for Bitcoin acquisitions. Marathon is the second-largest corporate Bitcoin holder with 34,794 BTC, valued at $3.3 billion. MARA Holdings (MARA), Wall Street’s largest publicly traded Bitcoin miner, has increased its convertible senior notes offering to $850 million from $700 million, with plans to use part of the net proceeds for future Bitcoin acquisitions, according to a Dec. 2 statement. MARA Holdings, Inc. Announces Pricing of Oversubscribed and Upsized Offering of Zero-Coupon Convertible...

03.12.2024

All News

BTC & Injective (INJ) Holders Focus on BlockDAG’s Team Announcement

BlockDAG Presale Surges as CEO Antony Turner, Former SwissOne Exec and Team Goes Public, Should BTC & INJ Holders Shift? Injective (INJ) holders are facing a volatile market with a significant 18.77% drop, sparking debates about the asset’s future. Meanwhile, Bitcoin maintains a stable Bitcoin support level at $66K, despite external economic pressures. Amid these dynamics, BlockDAG (BDAG ) has announced its leadership team, including CEO Antony Turner, whose blockchain expertise has been propelling the project forward. This strategic announcement has elevated BlockDAG as the top bullish crypto, capturing investor interest with a successful presale now over $62.8 million. The...

UK Economy Secretary Offers More Details on Blockchain Bonds

By Mark Hunter 1 week agoTue Nov 26 2024 08:00:24 Reading Time: 2 minutes The UK government’s Economic Secretary has announced plans to pilot a Digital Gilt Instrument using distributed ledger technology The initiative seeks to test the technology’s potential to improve efficiency, resilience, and transparency in government debt issuance Tulip Siddiq MP highlighted the UK’s ambition to lead in financial innovation and blockchain technology The UK’s Economic Secretary, Tulip Siddiq, recently outlined the government’s plans to trial bonds on the blockchain . In a keynote speech delivered at the Tokenisation Summit last week but published yesterday , Siddiq described...

Binance Helps FBI Recover Funds in ‘Pig Butchering’ Scams

Pig butchering or slaughtering has become a popular scam method utilized by hackers within the crypto ecosystem. Cryptocurrency exchange Binance announced that it supported the Federal Bureau of Investigation (FBI) in San Diego to investigate a “pig butchering” scam. Binance Role in Busting the Pig Butchering Scam According to Binance, its Investigations and Case teams participated in the investigation, analysis and seizure of the scam. At the end of the day, their collaborative effort with the authorities led to the uncovering of leads and seizure of $2.5 million victims funds. The seized fund which is precisely 2,546,415.01 USDT Coin (USDT),...

U.S. Senator Backs Out of Controversial Cryptocurrency Legislation

TLDR Senator Roger Marshall has withdrawn his support for the Digital Asset Anti-Money Laundering Act (DAAMLA). The DAAMLA bill aims to bring the crypto industry under existing anti-money laundering frameworks. The bill has faced criticism from crypto advocates and former government officials. Senator Elizabeth Warren, who co-sponsored the bill, is running for reelection in 2024. The bill classifies various crypto service providers as financial institutions subject to Bank Secrecy Act compliance. In a surprising turn of events, Republican Senator Roger Marshall has withdrawn his support for the Digital Asset Anti-Money Laundering Act (DAAMLA), a bill he co-sponsored with Democratic Senator...

Potential Altcoin Season in August, Says JPMorgan

The altcoin season is one of the most anticipated events this year, as non-Bitcoin investors have been waiting for profits for a long time now. The chances of an altcoin season rose prior to the recent crash, but there are hopes for the coming month. JPMorgan Is Bullish on Recovery In a recent research report, JPMorgan noted that they expect Bitcoin and the crypto market to rebound in August. The report further noted that the potential for liquidations diminishing before the end of this month is high. However, the bearish market conditions led to the bank lowering its estimated net...

Digital Asset Fund Inflows Spike as Market Corrects, Ethereum Leads With $155M

Digital asset investment products saw a significant rebound in inflows, totaling $176 million, as investors took advantage of recent price corrections. According to Coinshares and its lead research analyst James Butterfill, ethereum was the standout performer, benefiting the most from these market dynamics. Coinshares Reports $176 Million Inflows Into Digital Asset Funds Coinshares reported that digital asset investment products experienced inflows amounting to $176 million, reversing recent trends amid a market correction. Total assets under management of these products, which had dropped to $75 billion due to the correction, have since recovered to $85 billion. Butterfill’s report shows trading activity...

How DePINs Address AI's GPU Gap and Ethics Problems

With the explosion of generative artificial intelligence projects, computational power has become a hotly contested resource. As AI becomes more ubiquitous and the race for graphic processing unit (GPU) supplies intensifies, the need for wider and more democratized access to computing power has become an urgent priority for non-MAANG companies. Combine this red-hot demand with scarcity that is quickly transforming into resource exclusivity, and the ugly likely result is an AI ecosystem is largely being molded by a small handful of massive tech corporations. Mark Rydon is the Co-Founder and Head of Strategy at Aethir, a decentralized enterprise-grade cloud computing...

US Tech Sell-Off Spills Over to Crypto Market, $250M Longs Liquidated

Most of the Bitcoin liquidations happened on Binance as tech giants like Google and Tesla slipped by over 10% on Wall Street. A major sell-off on Wall Street on Wednesday seems to have now spilled over to the broader crypto market. Bitcoin price is down over 3% in the past 24 hours slipping all the way to $64,000 levels. As per data from CoinGlass, more than $290 million in liquidations took place in the broader crypto market with over $262 million in long liquidations. Crypto exchange Binance saw the highest liquidations at $118 million, with 88% in long trades. Also,...

Lionel Messi to Star in ‘MLS Quest’ Collectibles Series on Sui Blockchain

Major League Soccer has partnered with crypto startup Sweet to launch a new NFT-based fan engagement platform, known as MLS Quest, on the Sui blockchain. The new platform will feature MLS stars such as Argentinian legend Lionel Messi and allow fans to collect NFTs known as “Key Play of the Game Medallions” that unlock video highlights from MLS games. If a fan collects all four NFTs associated with a single MLS match they will have completed a ‘quest’ and will unlock rewards such as gift cards, match tickets or signed jerseys. Welcome to 2021 — the world of the future...

iAgent SDK pushes Injective (INJ) up 17%; iDEGEN presale crosses $1.55m

Injective’s iAgent SDK launch has driven the INJ price up 17.9%. The iAgent SDK enables AI agents for seamless blockchain automation. iDEGEN, designed to evolve based on real-time interactions on X, has raised $1.55M in an ongoing presale. In the fast-evolving world of blockchain and artificial intelligence (AI), two projects are stealing the spotlight: Injective (INJ) and iDEGEN. Injective, a leading decentralized finance (DeFi) protocol, recently unveiled its cutting-edge iAgent SDK for on-chain AI agents, while the new AI-powered crypto project iDEGEN has surpassed $1.55 million in its presale. iAgent SDK launch pushes Injective (INJ) price up 17% Two weeks...

Tether Partners With Crypto Firm to Boost Blockchain Education in South Africa

Stablecoin issuer Tether Holdings Ltd. recently announced a partnership with a crypto payments provider to advance blockchain education in South Africa. The collaboration aims to both demonstrate the benefits of stablecoin payments and build trust in digital financial solutions. Building Trust in Digital Financial Solutions Stablecoin issuer Tether Holdings Ltd. partnered with Xion Global to advance blockchain education in South Africa. The initiative will offer educational resources like videos, case studies, and interactions with industry leaders, focusing on cryptocurrency payments. The collaboration aims to not only demonstrate the benefits of stablecoin payments but also build trust in digital financial solutions....

When Do Secondary Token Sales Violate Howey?

A federal judge overseeing the U.S. Securities and Exchange Commission's case against Binance ruled that most of the case can proceed, but dismissed charges tied to the sale of BUSD and secondary sales of BNB. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions. The narrative Late Friday, Judge Amy Berman Jackson from the U.S. District Court for the District of Columbia ruled that the Securities and Exchange Commission had brought plausible allegations against Binance, Binance.US and Changpeng Zhao, refusing to dismiss most of the...

Paul Atkins: The New SEC Chair and the Fate of a US Cryptocurrency Market that Remains Precarious

The appointment of Paul Atkins to the position of Chair of the U.S. Securities and Exchange Commission sent shockwaves throughout the global cryptocurrency community following his nomination by President-elect Donald Trump. The move marks the end of the Gary Gensler era of strict regulation and ushers in a new, potentially riskier chapter for the fast-growing U.S. cryptocurrency industry. President-elect Donald Trump announced on December 4, 2024, via the Truth Social platform, his appointment of Paul Atkins, currently Chief Executive Officer at Patomak Global Partners and a former commissioner at the SEC, as the new Commission head. The move made headlines...

‎Yanbu Cement, Derayah REIT go ex-dividend today

09/12/2024 Argaam Special Share Copy to clipboard Comments 0 Be the first to comment Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated. Market Indices TASI 12,078.30 129.24 1.08 % Created with Highstock 6.0.7 10:00 11:00 12:00 13:00 14:00 11,950.00 12,000.00 12,050.00 12,100.00 Close : 12084.48 | Dec 9, 14:46 Quotes Created with Highstock 6.0.7 10:00 11:00 12:00 13:00 14:00 24.40 24.50 24.60 24.70 24.80 24.90 Close : 24.42 | Dec 9, 14:46 DERAYAH REIT 6.00 (0.02) (0.33%) Quick Links...

LATAM Crypto Roundup: Brazil and Argentina Welcome New RWA Platform, Colombia Eyes Regulation Law, and More

BeInCrypto comprehensive Latam Crypto Roundup brings Latin America’s most important news and trends. With reporters in Brazil, Mexico, Argentina, and more, we cover the latest updates and insights from the region’s crypto scene. This week’s roundup includes stories on El Salvador’s plans to strengthen trade relations with Russia using Bitcoin, Binance’s survey of Latin American customers, Colombia’s efforts to develop a clear regulatory framework, and more. Latam Investors Plan to Buy More Crypto, Says Binance A Binance survey reveals that nearly all Latam investors intend to increase their crypto holdings in the coming year. The study interviewed around 10,000 Binance...

Naira Continues to Appreciate at Official Market

Naira Against Dollar Naira Continues to Appreciate at Official Market The naira has continued to strengthen on the official trading window, the Nigerian Autonomous Foreign Exchange Market, as the Central Bank of Nigeria launched the new Electronic Foreign Exchange Matching System this week. According to data on the CBN website on Thursday, the naira closed trading at 1,567/$ compared to the closing rate of Wednesday which was 1,608/$. This marked a steady strengthening from Monday when it closed trading at 1,660/$ from 1,663/$ in the previous trading session. On Tuesday, the naira closed at 1,625/$. In the parallel market, the...

Justin Sun Deposit $146M in ETH After Massive Rally— Ethereum Eye $4000 Mark

Tron founder Justin Sun’s team is catching the eyes of crypto enthusiasts in the crypto space by transferring 41,630 ETH, worth $146 million, to centralized exchanges. This move comes after Ethereum’s impressive 60% rally over the past month, soaring to $3,860. Many in the crypto community are wondering: Is Sun cashing out profits or gearing up for a bigger move? Justin Sun’s Team Offloading ETH Massively Spotonchain revealed that Justin Sun’s team has been actively transferring Ethereum into centralized exchanges. Since Ethereum’s price began climbing in November, Sun’s team has deposited a staggering 41,630 ETH, valued at around $146 million....

California DMV Puts 42 Million Car Titles on Avalanche Blockchain

By Mark Hunter 2 weeks agoWed Jul 31 2024 09:54:46 Reading Time: 2 minutes The California DMV has digitized 42 million car titles on the Avalanche network Oxhead Alpha has revealed this project to streamline vehicle title transfers for over 39 million residents The new system has sped up the title-claiming process to minutes, reducing physical visits The California Department of Motor Vehicles (DMV) has put 42 million car titles on the Avalanche network in a show of faith in blockchain technology. The development was revealed by Oxhead Alpha, a collaborator on the project, which aims to streamline the vehicle...

Yield Chasers Propel Ethena’s USDE to $4.12B Market Cap in the Bull Market Frenzy

Based on current data, the stablecoin market has seen a notable expansion. This week, Ethena’s yield-bearing token, USDE, has reached a peak valuation of over $4.12 billion. Ethena’s USDE Tops $4.12 Billion: Is the Stablecoin Market Shifting Toward Yield? Yield-bearing stablecoins have steadily carved out a significant role in the market, with Ethena’s USDE now standing as the fourth-largest stablecoin, trailing behind Sky’s DAI, Circle’s USDC, and Tether’s USDT. In essence, USDE is a synthetic stablecoin that keeps its peg through a mix of spot crypto holdings and short positions in margined perpetual contracts. USDE supply via defillama.com. USDE holders...

Crypto Groups Push Ads, Letters to Oppose Democrat's SEC Commissioner Nomination

The Cedar Innovation Foundation and other crypto organizations are lobbying against the re-nomination of Commissioner Caroline Crenshaw. Dec 9, 2024, 7:54 p.m. UTC U.S. Securities and Exchange Commission member Caroline Crenshaw is "even more extreme" than Chair Gary Gensler, according to a digital advertising campaign now being launched by Cedar Innovation Foundation — a dark-money group funded by unnamed crypto interests. Commissioner Crenshaw, who is set to be the lone Democrat atop the SEC when Republicans take over the agency and wider administration in late January, was nominated for another term earlier this year, but the confirmation hadn't come up...

Slain UnitedHealthcare CEO Brian Thompson’s tenure was marked by rocketing profits—and accusations of insider trading and coverage denial

As large companies grapple with fears about safety in the aftermath of the killing of UnitedHealthcare CEO Brian Thompson Wednesday morning in Manhattan, recent investigations have indicated that UnitedHealthcare may have made its coverage policies and procedures more stringent during Thompson’s tenure. Observers have speculated as to whether the insurer’s policies may have been a motive in the tragic death of the Minnesota father of two boys. UnitedHealthcare, which insures more than 29 million Americans, and its parent company UnitedHealth Group, are no strangers to scrutiny. A ProPublica investigation published last month found UnitedHealthcare effectively culled or limited some therapy...

‎ Tadawul sees 3 negotiated deals worth SAR 204.4M

Tadawul trading screen The Saudi Exchange (Tadawul) witnessed today, Aug. 8, 11 negotiated deals worth SAR 350.5 million on Saudi Telecom Co. (stc), Gas Arabian Services Co. (GAS), Saudi Arabian Oil Co. (Saudi Aramco), National Co. for Learning and Education (NCLE), Dr. Sulaiman Al Habib Medical Services Group and Abdullah Al Othaim Markets Co., as shown below: Details Company Stock Price (SAR) Negotiated Price (SAR) Shares Traded Deal Value (SAR mln) stc 37.95 37.90 2 ,000,000 75.80 GAS 111.20 111.60 100 ,000 11.16 Saudi Aramco 27.85 27.85 310,820 8.66 636,745 17.73 382,694 10.66 261,953 7.30 313,046 8.72 218,995 6.10 NCLE...

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SEC Amends Binance Lawsuit, Alleging Wash Trading and More