August 2024 – Page 12

BitClout Founder Al-Naji Faces Charges Over $257 Million Fraud Scheme

Leave a Comment / BitClout, Founder / Admin

The US Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) charged Nader Al-Naji with orchestrating a multi-million-dollar fraudulent crypto asset scheme involving the social media platform BitClout and its native token BTCLT. The securities regulator’s complaint revealed that Al-Naji raised over $257 million through unregistered offers and sales of BTCLT in November […]

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$530K Stolen: ZachXBT Links Convicted Hacker’s Role in Sydney Sweeney, Bob Odenkirk X Hacks

Leave a Comment / Stolen, ZachXBT / Admin

Prominent on-chain sleuth ZachXBT has recently uncovered compelling evidence linking convicted UK hacker Gurv – whose real name is Gurvinder Bhangu – to the recent compromises of American actress Sydney Sweeney’s and ‘Breaking Bad’ actor Bob Odenkirk’s X accounts. This resulted in over $530,000 stolen through Solana meme coin scams. SWEENEY Pump and Dump On

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Bitcoin Price Analysis: Following a 10% Weekly Crash, What’s Next for BTC?

Leave a Comment / Bitcoin, Price / Admin

Bitcoin’s price experienced a significant drop yesterday following the breakdown of the $64K support level. The price is now in a key area that could determine the crypto market’s mid-term fate. Technical Analysis By TradingRage The Daily Chart On the daily chart, the price has been dropping since creating a double top pattern at the

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WienerAI Meme Coin Hits $9M in Presale with Just 3 Days Left Before Exchange Launch

Leave a Comment / Presale, WienerAI / Admin

Crypto investors are going crazy for WienerAI, the AI-powered meme coin taking the market by storm. This token has raised over $9 million in its presale, and with just three days left before it hits exchanges, everyone’s rushing to get their hands on WienerAI (WAI) before it potentially explodes. Last Call for WienerAI as Countdown

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MicroStrategy to Raise $2 Billion via Class A Shares for Additional Bitcoin Purchases

Leave a Comment / MicroStrategy, Raise / Avery Clarkson

MicroStrategy, the world’s largest public Bitcoin holder, has announced plans to raise up to $2 billion through the sale of its class A shares. The company made this revelation in a regulatory filing with the U.S. Securities and Exchange Commission on August 1. Details From the Filing MicroStrategy has not disclosed the specific timeline for

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Important Cardano Update Related to the Network’s Security: Details

Leave a Comment / Cardano, Important / Avery Clarkson

TL;DR Input Output launched the alpha v1 release of the partner chains toolkit for Cardano to enhance network security by leveraging stake pool operators (SPOs). Despite the disclosure, Cardano’s native token ADA remained around $0.38, with no significant price change. The Alpha V1 Release Input Output – a technology company responsible for the research and

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Coinbase Q2 Revenue Hits $1.45B, Net Income Drops Sharply

Leave a Comment / Coinbase, Revenue / Avery Clarkson

Coinbase reported a total revenue of $1.449 billion for the second quarter, surpassing the market consensus estimate of $1.396 billion. However, this figure represents an 11% decrease from the first quarter, partly attributed to falling consumer transaction revenues. Coinbase’s Q2 consumer transaction revenues fell 29% to $665 million, down from $1.07 billion in Q1. However,

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Bitcoin Follows Wall Street Crash by Tumbling Toward $62K Amid Weak US Jobs Data

Leave a Comment / Bitcoin, Follows / Avery Clarkson

The volatility in the cryptocurrency industry continues, with the leading digital asset plummeting from $65,600 to $62,300 for the second time in the past day or so. The main driver behind the latest price plunge could be attributed to the developments on US soil, as the jobs data was weaker than expected, and the stock

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Hong Kong’s Largest Online Broker Now Offers Bitcoin and Ether Trading

Leave a Comment / Kong’s, Largest / Avery Clarkson

Futu Securities International – the largest online broker in Hong Kong – has started offering retail cryptocurrency trading in the city-state. The latest move involves attracting investors with shares of Alibaba Group Holding and Nvidia. Residents of Hong Kong can now trade bitcoin and ether on the brokerage platform with Hong Kong or US Dollars.

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Bitcoin Price Analysis: BTC Dips Below $64K But Still Within Consolidation Range

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Bitcoin’s price has been consolidating over the past couple of weeks following a recovery from the $56K support level. This behavior has left investors wondering whether a new record high will be witnessed in the short term. Technical Analysis By TradingRage The Daily Chart On the daily timeframe, the price has been moving rangebound between

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