Google Cloud’s BigQuery service has recently announced the addition of 11 new blockchain networks to its data warehouse. This move signifies Google’s continued interest in blockchain technology and its commitment to expanding its blockchain coverage. This article will delve into the details of BigQuery’s latest expansion and the implications it has for enterprise firms and
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The world of cryptocurrency continues to witness a surge in on-chain trading activity, with Telegram sniper bots playing a significant role in the process. Amidst this trend, GOLD token has emerged as the latest breakout, soaring an astonishing +20,000%. In recent weeks, the market has witnessed numerous pump-and-dump moon-shots like PogeX, Trump2024, Thing, Jinbe, and
Chainlink’s LINK price has made a recovery above the $6.50 resistance level. However, the price is currently undergoing a correction, with potential support near $6.40. This could potentially lead to a fresh increase in the price. LINK price is displaying positive signs as it trades above the $6.50 level and the 100 simple moving average
The Australian Securities and Investments Commission (ASIC) has recently filed civil proceedings against Bit Trade Pty Ltd, accusing the company of failing to adhere to design and distribution obligations (DDO) associated with its margin trading product. The alleged violations have resulted in substantial financial losses for customers, prompting ASIC to take legal action. Established to
The cryptocurrency market has seen a surge of activity surrounding Immutable X (IMX) tokens, with notable whale transactions capturing attention. In this article, we will explore the implications of these transactions and how they highlight the potential for wealth creation in the cryptocurrency market. A deep analysis of recent transactions involving IMX tokens has revealed
The cryptocurrency market continues to capture the attention and imagination of investors and analysts worldwide. Ripple’s native token, XRP, has been a subject of discussion among experts, with various price predictions emerging. This article explores the outlook for XRP and delves into the analysis provided by different analysts. One prominent cryptocurrency analyst, known by the
Regulators in Poland have recently initiated a case against OpenAI, a leading artificial intelligence company, over claims of mishandling user data. The Personal Data Protection Office in Poland confirmed that it is considering a complaint filed by an individual regarding OpenAI’s widely-used ChatGPT app. The complainant alleges that OpenAI has been handling data in an
Decentralized exchange Pancakeswap has recently introduced Transak as a new provider on its “buy crypto” tab. This addition offers users of Pancakeswap an alternative option when purchasing cryptocurrencies. The announcement was made on September 21, bringing Transak onboard as the third provider for this feature. Pancakeswap operates as a multichain decentralized crypto exchange (DEX). It
The price of Bitcoin faced a significant rejection as it reached crucial resistance above $27,000, resulting in ongoing selling pressure. Today’s trading session continues to reflect this bearish sentiment. Should buyers fail to defend the current levels, Bitcoin’s price is likely to test critical support. However, data suggests that this action could trigger a potential
Marieke Flament, the CEO of Near Foundation, has announced her resignation, signaling the beginning of a new era for the layer-1 protocol. Flament’s departure comes as a surprise, and while no specific reasons were given, the Near Foundation’s general counsel, Chris Donovan, will step in as the new CEO. With this change in leadership, Near
Toncoin (TON) has recently experienced a significant retracement after a remarkable 44% increase from its 200-day moving average (DMA) support. As the price of Toncoin drops, many investors are left wondering if it is still a favorable investment opportunity. This article will delve into a comprehensive analysis of Toncoin’s current price movement and provide insights
The gaming industry has been revolutionized by the rise of web3 games, which offer players more control over their in-game assets and experiences. Elixir Games, a leading distributor of both traditional (web2) and blockchain-based (web3) desktop games, has recently unveiled its Elixir Games Launcher. This platform aims to provide players with the same accessibility as
The Australian Securities and Investments Commission (ASIC) has recently taken legal action against Bit Trade Pty Ltd, a provider for Kraken Crypto Exchange. ASIC alleges that Bit Trade’s margin trading product has caused losses of approximately $12.95 million to Australian customers due to non-compliance with local laws. According to ASIC, the central issue lies in
In a recent post on X (formerly Twitter), Binance CEO Changpeng ‘CZ’ Zhao addressed the reports circulating about him taking a $250 million loan from BAM Management. These reports were labeled as “wrong information” by CZ, setting the stage for a debate surrounding the controversial loan. This article aims to delve into the details and
Cryptocurrency and nonfungible token trading tool, None Trading, has recently announced its closure due to a “critical exploit” within its infrastructure. The developers released a statement on September 20th, revealing that they had suffered a substantial loss of funding and team tokens, resulting in the inability to sustain the project. This unfortunate incident has forced
Leading Chinese layer-1 solution Neo Network (NEO) is currently experiencing a surge, with price action battling upper trendline resistance and a +7% pump. This article will analyze the current state of NEO and determine whether it is too late to buy. Neo Co-Founder Da Hongfei recently conducted an onboarding campaign at Token2049, highlighting the need
Ripple CEO, Brad Garlinghouse, along with other top executives of the company, recently visited Washington, D.C. to meet with members of Congress. The purpose of their visit was to discuss the regulatory clarity of the cryptocurrency industry, which continues to face uncertainty. In a social media post, Garlinghouse highlighted the significance of engaging with elected
Grayscale, a prominent digital currency investment company, has recently submitted a proposal to the Securities and Exchange Commission (SEC) for a new Ethereum futures exchange-traded fund (ETF). This move aims to list and trade shares of the Grayscale Ethereum Futures Trust (ETH) ETF under the New York Stock Exchange (NYSE) Arca Rule 8.200-E. With this
Recent events have sparked intense debates and scrutiny within the XRP community, shedding light on a series of high-volume XRP transactions conducted by Ripple Labs. Over a span of 19 days, a total of 506 million tokens, valued at approximately $260 million, were transferred in 15 significant transactions. What sets these transactions apart is not
Ripple’s native cryptocurrency, XRP, has reached a significant milestone in terms of adoption. Currently, there are close to 5 million accounts on Ripple’s XRPL, with a total of 58.6 million XRP balances held in these wallets. Notably, the integration of an automated market maker (AMM) and a clawback feature to XRPL has been announced. This
In the fast-paced digital age, businesses must adapt to new ways of connecting with their consumers. Walmart, a retail giant known for its physical presence, recognizes the importance of tapping into virtual spaces to engage with customers. The metaverse, a virtual environment with 3D elements and interactive experiences, presents an exciting opportunity for businesses to
The media circus surrounding Donald Trump’s indictment hasn’t deterred on-chain markets, as meme coins related to Trump and MAGA (Make America Great Again) have experienced significant growth. During the “on-chain summer,” the TRUMP2024 token surged by 10,000%, while the MAGA token skyrocketed by 20,000%. This remarkable growth can be attributed to the increasing interest in
Hong Kong-based cryptocurrency exchange CoinEx has recently disclosed that hackers managed to steal more than $70 million worth of tokens. The exchange’s team is currently conducting an in-depth investigation into the incident while working on developing and implementing a new wallet architecture to restore functionality and compensate affected users. Despite the significant amount stolen, CoinEx
Bitcoin has been capturing the attention of investors and the mainstream media due to its recent price movements. After reaching a local low below $25,000 in September, Bitcoin has been trending upwards. In this article, we will dive into a comprehensive analysis of the Bitcoin market using data from Glassnode, a leading on-chain analytics firm.
The ongoing clash between the Securities and Exchange Commission (SEC) and Binance, the world’s leading cryptocurrency exchange, has led to a flood of requests for additional documentation. In a recent development, the SEC criticized the quality of information provided by Binance and its US arm, expressing dissatisfaction with the mere 250 pages of evidence submitted.
The Securities and Exchange Commission (SEC) has been closely monitoring the cryptocurrency industry, expressing concerns about the lack of regulation. With its view that many cryptocurrencies are securities, subject to federal securities laws, the SEC has taken a tough stance, resulting in increased scrutiny and enforcement actions. However, this has sparked debates about whether the
In a recent turn of events, Mark Scott, the lawyer responsible for laundering $400 million from the infamous OneCoin fraud, has been denied his motion seeking a new trial. This comes despite the acknowledgment that a government witness had perjured themselves during the original trial in 2019. According to Bloomberg’s report on September 18, Scott