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CoinCodeCap WeekInFocus: May 19, 2024
WeekInFocus is your ally in plugging in the gaps in the news you might have missed during the course of the previous week. Beyond that, it serves as a catalyst for your professional and personal development by introducing you to new ideas and exciting job opportunities. Join us in accepting both what is occurring and what is conceivable.
RDNT Crypto Next Target: Breakout Candidate!
Nigerian Court Denies Bail to Binance Exec in Money Laundering Case
Crypto Influencer Thomas John Sfraga Pleads Guilty to Wire Fraud in $1.3 Million Scam
Alt Crypto Price Analysis: Next Target 3X !
Some days ago, we discussed a high potential crypto coin named Altlayer with huge potential to multiply your wealth. In this article, we will discuss
‘Crypto King’ Aiden Pleterski charged with Fraud, Money Laundering
Key Takeaways Self-proclaimed Crypto King Aiden Pleterski is charged with money laundering and one count of fraud over 5,000 Canadian dollars ($3,666) by the Canadian authorities Apart from
Indian SEBI Urges Local Regulators to Oversee Crypto Trading
The SEBI of India has recommended that multiple regulators oversee crypto trading in the nation, according to documents obtained by Reuters.
French Regulator Warns Investors: Bybit Operated ‘Illegally’
The French securities regulator, the AMF, has again cautioned crypto investors that Bybit is blocked nationwide.
US DOJ Arrested Brothers in $25M Ethereum Exploit Case
Due to their manipulation of Ethereum blockchain transactions for their personal gain, two brothers are facing wire fraud charges.
Market Analysis
RDNT Crypto Next Target: Breakout Candidate!
Radiant capital could be in line for a bullish turn after having a significant price correction in the recent months. The coin looks poised for a good breakout on the
Alt Crypto Price Analysis: Next Target 3X !
Some days ago, we discussed a high potential crypto coin named Altlayer with huge potential to multiply your wealth. In this article, we will discuss the update on Altlayer token
Top 3 DeFi Cryptos to Buy Now
Today, we have bought you 3 good picks from Decentralized Finance space which can deliver good returns in the short term. These coins are on the support level ready to
PRESS RELEASES
Tangem Successfully Closes Investment Round, Fueled by Shima Capital
RevoFi Leads the Charge for Decentralized Cloud Infrastructure with Revolutionary A.I. Capabilities and Far-Edge Computing
Gridex Protocol’s Native Token, GDX, Surges by Over 422% in 24 Hours After Listing on D5 Exchange
Gridex Protocol set to Launch GDX Token on D5 Exchange this March 15th
Mobile Game Prize Kingdoms Advances New Free-To-Earn Gaming Model
Swiss Authority to Implement Global Crypto Reporting Framework
Oklahoma Passes Crypto Bill that Protects Right to self-custody Digital Assets
UK Agency Shuts Down Crypto ‘Advisory’ Firm Over Misleading Claims
Tornado Cash Developer Alexey Pertsev Convicted of Money Laundering
UK Shuts Down Crypto Firm for Providing Poor Advice to Clients
Uniswap CEO Urges US President to Reconsider Crypto Policies
The creator and CEO of Uniswap urged the US President to consider voters’ opinions regarding cryptocurrency when they cast their ballots in November.
Falcon Labs Settles with CFTC Over Unregistered Futures Trading Charges
Key takeaways: In a recent development, the United States Commodity Futures Trading Commission (CFTC) has reached a settlement with Falcon Labs, a cryptocurrency brokerage firm
Rain Cryptocurrency Exchange Faces $14.1 Million Security Breach
Key Takeaways: Rain, a cryptocurrency exchange based in Bahrain, recently encountered a significant security breach, resulting in the loss of approximately $14.1 million worth of
Tether CEO vs Ripple CEO Over USDT Scrutiny
Key takeaways: The stablecoin landscape is witnessing heightened tension as Tether‘s Paolo Ardoino responds to Ripple CEO Brad Garlinghouse’s claims of US government scrutiny. Garlinghouse’s
$71 Million WBTC Hacker Returns the Entirety of Funds Back to Victim
Key Takeaways In a surprising turn of events, a hacker who stole $71 million worth of wrapped bitcoins (WBTC) via a dusting attack has returned
ENJ Crypto Current Price Analysis on 14 May 2024
ENJ coin is a prominent member of Gaming crypto coins community and the recent news could propel the coin to new highs. In this article,
El Salvador Unveils Real-Time Bitcoin Treasury Tracking Platform Online
Key takeaways: El Salvador has unveiled a new online platform dedicated to tracking its Bitcoin treasury holdings, offering real-time insights into the country’s cryptocurrency transactions
Philippines Launches Sandbox Testing for Peso-Backed Stablecoin
The national stablecoin of the Philippines is pegged 1:1 to the local peso and will undergo supervised trials by the central bank.
Chinese Police Bust $310M Crypto Trading Scheme, Six Arrested
The Panshi City Public Security Bureau in Jilin Province, China, effectively shut down an illicit underground virtual currency money exchange organization.
Runes Protocol Activity Declines After Initial Surge
Key Takeaways The buzz around Runes, a new protocol allowing token creation on Bitcoin, appears to be fading. Launched on April 20th, the same day
IMF Urges Nigeria to Tighten Regulations on Crypto Platforms
BlockFi Shuts Down Web Platform, Teams Up with Coinbase for Fund Distribution
SEC Pushes Against Coinbase’s Appeal Bid in Legal Showdown
EDITORIAL TEAM
BigONE Exchange Review: Trade Crypto like Never Before
Crypto exchanges are the gateways for traders and investors to enter the crypto world. BigONE is a crypto-to-crypto exchange platform launched in 2017. Today, we will review BigONE exchange and its
Paratica vs Trality
Crypto trading bots are turning out to be a necessity as the crypto market never sleeps. Hence, this article compares Paratica vs Trality ; the two most popular crypto trading
Mudrex vs TokenSets vs 3Commas
This article will compare three popular crypto trading bots providers, Mudrex vsTokenSets, vs 3Commas, and highlight unique characteristics that make them suitable for automated crypto trading. Summary (TL;DR) Why Crypto
Bitcoin and Ethereum Are Not Securities : Belgium’s FSMA
Two Estonian Citizens Arrested in $575 Million Crypto Fraud
Crypto firm Eqonex submits voluntary debt restructuring proposal
Binance Briefly Suspends USDC and USDT Solana Deposits
Starling Bank Has Implemented A Crypto Transaction Ban
Japan intends to introduce an experimental digital yen CBDC in 2023
Binance Hit with $4.4M Fine by Canadian Regulator
Binance will pay FINTRAC an administrative monetary penalty of $4.4M for neglecting to register and report significant transactions involving digital assets.
Binance to Face FRA Surveillance for the Next 3 Years
FRA has been hired by the US DOJ to ensure that cryptocurrency exchange Binance complies with regulations over the next three years.
JPMorgan, Wells Fargo Among Latest Banks to Disclose BTC ETF Holdings
JP Morgan, in its filing, has disclosed $731,246 in investments in spot Bitcoin ETFs. Wells Fargo also invested over $140,000 in Grayscale’s BTC.
Dogecoin Latest News: Dogecoin at support level!
Dogecoin has slowed down now after seeing an upward streak in recent week. The memecoin is yet to achieve it’s lifetime high and there is
Top 3 Best Large-Cap Cryptos to Buy Now
With an anticipated bull run in the crypto space coming, we look for some reliable and proven crypto coins to buy for secure returns. In
Tether Hits Slams Deutsche Bank Study on Stablecoins, Dubs it Vague
Key Takeaways Tether has hit out at Deutsche Bank over its report claiming that most stablecoins, including Tether’s USDT, are likely to face ‘significant turbulence’
DWF Labs Refutes WSJ’s Market Manipulation Allegations, Binance Emphasizes Stringent Surveillance
The most prominent cryptocurrency exchange in the world, Binance, is under fire for allegedly firing a worker who exposed possible market manipulation.
National Bank of Rwanda Explores Potential of Tokenised Retail CBDC
Key Takeaways Countries around the world are becoming increasingly receptive towards central bank digital currency (CBDC). The latest country to join in on the CBDC bandwagon is Rwanda.
Core Scientific Q1 Revenue Surges to $179.3 Million, Records $211 Million Net Income
Former Digitex CEO Pleads Guilty to Bank Secrecy Act Violation
LocalMonero Exchange Shuts Down Amid Declining Crypto Privacy Services
Binance CEO Urges Nigeria to Release Detained Executive
Nigeria Considers Ban on Naira-Based Peer-to-Peer Crypto Trading
Gnus AI Discord Server Hack Results in $1.27M Losses
On May 5, a token-minting exploit caused the artificial intelligence network Gnus AI to lose over $1.27 million in value.
2023 Kronos Research Hacker Transfers Funds to Tornado Cash
Key Takeaways A hacker responsible for the $25 million exploit of quantitative trading firm Kronos Research in November 2023 has begun moving the stolen funds,
SEC Delays Decision on Invesco Galaxy Ethereum ETF
Key Takeaways: The United States Securities and Exchange Commission (SEC) has pushed back its ruling on the Invesco Galaxy Ethereum ETF to July 5, 2024.
FET Crypto Breaking out! Fetch AI Price Prediction
Fetch AI crypto has been trying to move of a triangle breakout pattern. It has given a slight breakout but can it sustain? In this
US SEC to Sue Robinhood’s Crypto Business: Wells Notice Issued
Robinhood’s cryptocurrency business is about to face legal action from the US Securities and Exchange Commission (SEC).
10-Year Dormant Bitcoin Whale Comes Alive, Transfers $43.9 Million
A sleeping Bitcoin whale that had been asleep for over a has suddenly come back into existence, marking a momentous breakthrough in the crypto space.
South Korea Excludes Crypto from Donations in Updated New Law
Key Takeaways On May 5, South Korea’s Ministry of Public Administration announced amendments to the country’s “Donations Act,” revealing that crypto, including Bitcoin, will not
Vodafone Eyes Crypto Wallet Integration with SIM Cards
Vodafone plans to combine crypto wallets with SIM cards to introduce blockchain technology to smartphone consumers.
