Author: CryptooTimes
Standard Chartered believes Solana SOL or Ripple’s XRP could be the next contenders, but not until 2025. Source link
As the London Stock Exchange gears up to list its inaugural crypto exchange-traded products, about half of its exchange-traded fund team has reportedly left. Just as the London Stock Exchange (LSE) prepares to list its first crypto-linked products, two members of its four-person team overseeing exchange-traded funds (ETFs) departed, Bloomberg reports, citing a spokesperson for LSE. According to the report, Michael Stanley, the head of exchange-traded products, and Hetal Patel, head of business development, have left the organization, though the exact timing of their exits remains unclear. The departures come as the LSE readies itself to list its first-ever crypto-linked…
LINK’s double-digit rally is backed by increasing network activity and a bullish technical setup. Source link
British-Chinese Money Launder Sentenced to 6 Years in Prison for Role in $6B Fraud: FT
Jian Wen, 42, who was alleged to have carrying out the laundering on behalf of her former boss, was found guilty in March. Source link
South Korean authorities have arrested 19 members of a fraudulent social media chat group that scammed 308 investors out of nearly $19 million. Those arrested had operated an open chat room and scammed hundreds of investors out of $18.8 million by promising quick profits if victims invested in unlisted coins. The chat room pretended to offer legitimate cryptocurrency trading tips and even delivered some profits before encouraging members to invest in unlisted coins, according to Seungwon Lee. Unlisted coins The fraudulent unlisted coins never delivered any profits, and those arrested severed ties with investors when the investors started demanding their…
Learn the essential steps to create and train your own AI bot for day trading cryptocurrencies and potentially automate your trading decisions. Source link
DOGE surged as much as 5% to a session high of 17.3 cents within minutes after the post, while SHIB jumped nearly 3% during the same period. However, the advances proved to be short-lived as both cryptos pared gains. Still, DOGE was up 6% and SHIB gained 1% over the past 24 hours, outperforming the mostly flat broad-market CoinDesk 20 Index. Source link
Crypto has come a long way since the release of the Bitcoin whitepaper in 2008. From a niche community establishing a digital cash network to a major worldwide asset class coveted by banks and investment firms, the landscape has changed drastically. So what comes next for the crypto industry? Where will crypto be in 5 years? Crypto technology will become more advanced In some ways, it’s nothing short of a miracle that crypto became as big as it did from 2010 – 2020. The ICO craze of 2018 raised around $15.7 billion for crypto projects. Now seen as something of…
After being dismissed by the Delaware Court of Chancery in 2023, the state’s supreme court ruled the definition of the merger agreement between BitGo and Galaxy was “ambiguous.” Source link
The bill’s proposed bifurcated market for restricted and unrestricted digital assets ignores fungibility as a fundamental characteristic of crypto tokens. By creating categories of restricted and unrestricted assets, the bill disrupts this principle, leading to confusion and market fragmentation. This could impair liquidity, complicate transactions and risk management mechanisms such as derivatives, reduce the overall utility of the crypto tokens and ultimately stifle innovation in a nascent industry. Source link