Author: CryptooTimes
South Korea’s Ministry of Justice has launched a special task force to combat the increasing prevalence of crypto crimes, signaling a major crackdown on fraud and market manipulation. South Korea is intensifying efforts to clamp down on market manipulation and fraud in the cryptocurrency industry by establishing a special task force in collaboration with local regulatory bodies. According to a regulatory document, the task force under the Ministry of Justice targets plans to target cases of price manipulation, unregistered crypto exchanges, and deposit fraud, which have increasingly affected citizens. The document reveals that illicit activity involving crypto in South Korea…
Ether could rally another 15% before the first ETFs start trading on the market, according to Arthur Cheong. Source link
“I suspect this simply a case of them re-using code they didn’t thoroughly review,” they added. Before the dump, NORMIE was among the top meme coins on Base with a market capitalization of over $40 million and nearly 90,000 on-chain token holders, as per DEXTools metrics. Normie is slang for a “normal person,” and the Base version was modeled after a blue coloured frog that resembled the popular Pepe the Frog character. Source link
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Chainge secures a $13 million investment from GEM Digital and Alpha Token Capital to enhance cross-chain trading efficiency and accessibility. Chainge, a trailblazer in the cross-chain trading space, has announced a significant milestone with a $13 million investment commitment from two prominent digital asset investment firms. GEM Digital Limited, based in The Bahamas, has pledged $10 million, while Alpha Token Capital (ATC) has invested $3 million in Chainge’s mission to change the long tail exchange market. The substantial investment…
Despite an eight-year headstart, xAI’s Grok could become a chatGPT competitor by the end of 2024, according to Musk. Source link
Ether surged more than bitcoin over the weekend on renewed optimism for the second-largest cryptocurrency. Source link
JasmyCoin (JASMY) has emerged as the top gainer among the leading 100 cryptocurrencies, capitalizing on the rally triggered by the approval of spot Ethereum (ETH) ETFs in the U.S. JASMY is up by 26% in the past 24 hours and is trading at $0.028 at the time of writing. This is the first time since April 2022 that JasmyCoin has reached this price point. However, the so-called Japan’s Bitcoin is still down by 99.44% from its all-time high of $4.99 on Feb. 16, 2021. JASMY price, whale activity, RSI and dormant circulation – May 27 | Source: Santiment Moreover, the…
Decentralized AI networks, enhancement of smart contracts and emerging DeFi protocols are some of the upcoming trends in blockchain, according to EUBOF. Source link
Crypto markets have remained relatively inactive over the weekend, maintaining gains made last week in the wake of spot Ethereum exchange-traded fund approvals in the United States. This week will see the release of more economic data such as consumer confidence and gross domestic product indicators. Economic Calendar May 27-31 Monday is Memorial Day in the U.S., so markets will be closed, and low volatility is expected for crypto assets. Tuesday will see the release of consumer confidence data which has improved slightly in May from the previous month with better-than-expected weekly jobless claims and manufacturing and services PMIs last…
TRON founder Justin Sun has made a public call to back a U.S. presidential candidate favorable to cryptocurrencies. Sun emphasizes the importance of recognizing the cryptocurrency community—including companies and protocols—as key stakeholders in the political arena. He urges that their voices be heard and their interests safeguarded, highlighting the growing influence of digital currencies in […] Source link
