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Cryptoninjas

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Binance Cracks Down on Market Manipulation, Bans “Movement” (MOVE) Project Market Maker

  • Binance penalizes a MOVE market maker linked to previous misconduct.
  • The market maker allegedly profited by manipulating MOVE token trades.
  • Movement Labs plans to buy back $38 million worth of tokens to compensate affected users.
  • Binance freezes the market maker's funds and redistributes them to affected users.

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TheNewsCrypto

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Bitcoin Tests $88K After Prolonged Price Consolidation, Will $90K Reappear?

  • Bitcoin shows a modest price increase of 1.27% in the last 24 hours.
  • BTC briefly tested the $88,000 range after weeks of the $85K consolidation.
  • Bitcoin's price consolidation is evident with a 5.51% increase in the weekly chart.
  • Positive technical indicators and investor sentiment suggest a possibility of reaching $90K.

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TheNewsCrypto

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SEC Chair Nominee Paul Atkins Reports $327M Net Worth Ahead Senate Hearing

  • Paul Atkins and his spouse reported $327 million net worth 2 days before Senate hearing.
  • If confirmed as the SEC chair, he will be the wealthiest SEC chair in history.
  • Atkins filed paperwork with the Office of Government Ethics, detailing his investments and net worth.
  • Atkins holds crypto investments, including equities in companies like Anchorage Digital and Securitize.

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Guardian

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Going for gold: coin marks hope of bringing Welsh mine back from the dead

  • Dai Jones and his colleagues hunt for gold in the hills of north-west Wales, finding joy in discovering specks of gold.
  • Clogau St David’s mine in Gwynedd, the UK's once richest goldmine, is being revived by Alba Mineral Resources, with modern technology aiding in the extraction of gold.
  • Gold has been extracted once again from Clogau, with an auction for a 1oz coin made from its gold to celebrate the site's revival.
  • The team at Clogau has meticulously drained flooded tunnels, removed spoil heaps, and ensured modern safety standards.
  • Quartz veins with a 'stripey and dirty' texture in a zone named Llecfraith payshoot are being targeted for gold extraction.
  • The operation involves blasting and digging at 'level five', where workers laboriously extract ore containing gold from the rock face.
  • The extracted ore is crushed, hammered, separated for gold flakes, and refined, marking the economics of the pilot plant mining operation.
  • The coin minted from the mine's gold, featuring a dragon and miners, is auctioned with a guide price of £20,000 to £25,000.
  • The potential of finding a significant amount of gold in the hillside could create more jobs and boost the local economy in an area reliant on tourism and agriculture.
  • Alba's chair, George Frangeskides, remains hopeful about the success of the mining industry, with a focus on proving the gold reserves at Clogau for potential future growth.

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Crypto-News-Flash

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Ethena Now Holds $1.29B of BlackRock’s BUIDL Tokens

  • Ethena Labs minted $225M in BUIDL tokens, pushing its total holdings to $1.29 billion.
  • Over 90% of USDe’s backing now comes from BlackRock’s tokenized BUIDL fund.
  • Ethena is leveraging the tokenization trend in the market, aiming to bridge traditional finance and DeFi.
  • Emirates NBD Bank has also partnered with BlackRock to provide access to alternative asset classes.

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TronWeekly

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Instant Withdrawals Crypto Casinos in Canada

  • Crypto casinos in Canada offer instant withdrawals, providing a quick and convenient way to access winnings compared to traditional payment systems.
  • Players are increasingly opting for crypto casinos due to the immediate withdrawal feature, avoiding the delays associated with traditional methods.
  • The use of cryptocurrency adds a layer of security and anonymity, with transactions being decentralized and faster without the need for verification.
  • Instant withdrawals in crypto casinos involve simple steps like making a request, automatic approval, blockchain verification, and receiving funds.
  • Top crypto casinos in Canada include Wonaco, Dolly Casino, and BC.Game, known for offering fast withdrawals, a wide range of games, and strong security measures.
  • Players can choose from various cryptocurrencies for withdrawals, including Bitcoin, Ethereum, and more, ensuring flexibility and convenience.
  • Key factors to consider when selecting a crypto casino in Canada include licensing, supported cryptocurrencies, security measures, and reputation among players.
  • By choosing a reputable crypto casino, players in Canada can enjoy immediate withdrawals, enhancing their online gambling experience.
  • Cryptocurrency withdrawals are predicted to become even more popular as the online casino industry continues to grow in revenue globally.
  • Instant withdrawals in crypto casinos provide a seamless and efficient way for Canadian players to access their winnings without delays.

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Cryptopotato

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Shiba Inu (SHIB) Soars by 16% Daily: What Drives the Surge?

  • Shiba Inu (SHIB) has experienced a 16% surge in its price in the past 24 hours.
  • The price rise is potentially driven by the upcoming launch of Shiba Inu's DeFi platform, Shib Finance.
  • A decrease in the amount of Shiba Inu stored at exchanges indicates a shift towards self-custody methods.
  • However, the Relative Strength Index (RSI) suggests a potential correction may be on the horizon.

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TheNewsCrypto

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Polymarket Faces Controversy as Whale Allegedly Manipulated Market Outcomes

  • A whale allegedly influenced a Polymarket market resolution using 5 million tokens.
  • The decision cost traders thousands, sparking concerns over decentralized governance integrity.
  • Polymarket, a leading decentralized prediction platform, is under fire after an alleged governance attack led to a controversial market resolution.
  • Reports indicate that the whale strategically used 5 million UMA tokens spread across three accounts to influence the final vote.

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Crypto-News-Flash

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Celo Is Now an Ethereum Layer 2 With Faster Blocks

  • Celo has completed its migration to Ethereum Layer 2, bringing faster block times and native cross-chain bridging support.
  • Celo teams up with Alchemy to give developers stronger tools and smoother infrastructure after migrating to Ethereum Layer 2.
  • Celo now operates as an Ethereum Layer 2 with block times cut from five seconds to just one second.
  • Celo also partnered with Alchemy to help developers build more reliable and connected applications.

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99Bitcoins

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Crypto Influencer BitBoy Arrested In Florida After Being Listed As Fugitive

  • Crypto influencer BitBoy, also known as Ben Armstrong, has been arrested in Florida after being listed as a fugitive.
  • Armstrong's arrest comes after warrants were issued due to emails he sent to a Georgia Superior Court Judge while acting as his own attorney.
  • This is not Armstrong's first encounter with the law, as he was previously arrested for livestreaming a dispute over his stolen Lamborghini.
  • Armstrong has also faced a class-action lawsuit over fraudulent promotions of the $BEN coin.

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Cryptopotato

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Meme Coins Return With Double-Digit Gains as Bitcoin (BTC) Taps $88K (Market Watch)

  • BTC has spiked above $88,000 and is eyeing $90,000 after a recent drop.
  • Meme coins, including DOGE, SHIB, and PEPE, have gained double-digit percentages.
  • BTC's dominance over altcoins is at 58.3%.
  • The total crypto market cap has risen by over $30 billion to $3 trillion.

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TheNewsCrypto

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Dogecoin (DOGE) Jumps 10.58% as Foundation Launches 10M DOGE Reserve

  • DOGE price rises 10.58% to $0.2035, market cap reaches $30.24B.
  • Dogecoin Foundation creates a 10M DOGE reserve to boost adoption.
  • DOGE recently broke past the $0.1950 resistance and next resistance level is $0.2100.
  • Dogecoin's rally is fueled by strong technical indicators and increased adoption.

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99Bitcoins

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SEC Closes Investigation Into Australian Crypto Gaming Firm Immutable

  • The US Securities and Exchange Commission (SEC) has officially closed its investigation into Australian-based crypto gaming firm Immutable.
  • The SEC will not pursue any enforcement action against the company, its IMX Ecosystem Foundation, or its CEO.
  • Immutable's long-standing efforts to remain compliant with U.S. securities laws have been validated by the closure of the investigation.
  • The closure of the case reflects the SEC's shifting approach to crypto enforcement and its focus on regulatory clarity.

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Coinpedia

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Memecoins Breaking Out—SHIB, PEPE, & FARTCOIN Attract Massive Gains!

  • Memecoins like Shiba Inu (SHIB), Pepe (PEPE), and Fartcoin (FARTCOIN) are experiencing significant gains in the market.
  • Shiba Inu (SHIB) price broke out of a descending parallel channel and shows bullish technical indicators, aiming for a 25% upswing.
  • Pepe (PEPE) price has rebounded and is forming higher highs and lows, with the potential to surpass $0.000011.
  • Fartcoin (FARTCOIN) may soon form a new all-time high at $3, with an ascending trend and bullish market dynamics.

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Bitcoinist

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Sen. Warren Questions Trump’s SEC Chair Pick About Crypto Regulations Ahead Of Confirmation Hearing

  • US Senator Elizabeth Warren has sent a letter to SEC Chairman nominee Paul Atkins questioning his call for less strict crypto regulations and potential conflicts of interest.
  • Warren expressed her concern about Atkins' potential approach to crypto regulation, citing his previous roles during the 2008 financial crisis and as an advisor to the now-collapsed crypto platform FTX.
  • She also questioned Atkins about his views on the SEC's role in regulating the crypto spot market, the application of the Howey test to tokens, and the recent dismissal of several crypto litigations.
  • Warren further raised concerns about potential conflicts of interest related to Atkins' work on behalf of corporate interests and questioned him about the rumors of talks between the Trump family and Binance's US arm.

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