Stocks
UAE Agriculture Authority Bans Cryptocurrency Mining on Farms
The Abu Dhabi Agriculture and Food Safety Authority of UAE issued a new advisory on Thursday prohibiting the use of farms for cryptocurrency mining. Farmers caught engaging in such activities face fines of up to 10,000 UAE dirhams (approximately $2,722). The Abu Dhabi Agriculture and Food Safety Authority advisory explicitly…
Read More »OKX Withdraws VASP License Application in Hong Kong
Crypto exchange OKX announced on Friday that it has withdrawn its Virtual Asset Service Provider (VASP) license application in Hong Kong and will cease to provide trading services to residents. OKX joined Gate.io’s Hong Kong affiliate, HKVAEX, and Huobi HK in recently withdrawing their VASP applications from the Hong Kong…
Read More »Controversial Artist Damien Hirst Accused Of Backdating 1,000 Paintings In NFT Project
English artist Damien Hirst is under increased scrutiny this week following claims he backdated more than 1,000 pieces of art from his NFT project “The Currency,” The Guardian reported Wednesday. Damian Hirst Under Fire For NFT Project Following Exposé The controversial artist, perhaps best known for works depicting animals preserved…
Read More »U.S. Credit Unions Adopt Tokenization of Real World Assets
Traditional banks may still dominate the financial industry in terms of assets held, but credit unions are becoming an increasingly popular option for Americans who qualify. Recent data shows that there are roughly 4,600 credit unions in the United States. A September 2023 report from The National Credit Union Administration…
Read More »Bonk Price Prediction as Daily Volume Hits $900 Million – Are Whales Buying
A surge in BONK’s 24-hour trading volume to $900M hints at possible whale activity, even as the price sees a temporary pullback. The BONK price has fallen 5.64% in the past 24 hours, decreasing to $0.000033. This comes as the crypto market as a whole has retraced. BONK is now…
Read More »Pepe Price Prediction as PEPE Dips From Recent High – Next Leg Up Starting Soon?
The Pepe price has fallen by 4.5% in the past 24 hours, sinking to $0.00001365 after reaching a new all-time high of $0.00001526 yesterday. Given its recent performance, the meme coin remains up by a very healthy 37% in a week and by 74% in a month, making it the…
Read More »FTX Group Paid $25 Million In Settlement To Whistleblowers Before Collapse
Sam Bankman-Fried’s (SBF) FTX Group allegedly paid over $25 million in hush money to seven whistleblowers prior to the doomed crypto exchange collapse in November 2022, a bombshell independent examinator’s Thursday report found. FTX Whistleblowers Agreed To Settlement Deals Prior To Collapse Robert Cleary, the independent examiner tasked with conducting…
Read More »Shiba Inu Holders Shift Funds to This New Crypto Gambling ICO, Eyeing 100x Gains in 2024
As the Shiba Inu (SHIB) price struggles to escape the magnet pull of its 21 and 50DMAs and remains locked within recent ranges, Shiba Inu holders are shifting funds to a new crypto gambling ICO called Mega Dice (DICE) as they eye potential 100x gains in 2024. The SEC’s approval…
Read More »Is It Too Late to Buy Ondo? ONDO Price Turns Green as Attention Shifts to New AI Meme Coin – $2.5 Million Raised
As the Ondo Finance (ONDO) price surges to new record highs above $1.10 per token, investors are fretting and asking whether it is too late to buy Ondo. ONDO is up around 26% this week as traders pile in on bets for rapid Ethereum ecosystem growth. Spot Ethereum ETFs were…
Read More »Forex and Crypto Investment Fraud Busted in Malaysia, Ten Arrested and Millions Seized
Malaysian authorities have dismantled a forex investment fraud and cryptocurrency syndicate that had been operating in the country. The syndicate, which had been laundering funds obtained through overseas scams, was targeted in a series of raids conducted across the Klang Valley from May 13 to 21. As a result, eight…
Read More »
