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👩⚖️ Court Orders Ex-Beverly Hills Attorney to Pay $14M in Restitution to $9.5M Crypto Ponzi Links
A US judge on Monday ordered an 85-year-old, recently disbarred California attorney to pay $14 million in restitution for his role in a $9.5 million cryptocurrency Ponzi scheme. David Kagel, who practised law in Beverly Hills, pleaded guilty to one count of conspiracy toward the fraud in May. U.S. District Judge Gloria Navarro in Las Vegas sentenced Kagel to five years of probation in addition to fines. According to prosecutors, Kagel helped promote the crypto Ponzi scheme by drafting letters on his law firm’s letterhead. The letters were then sent to victims, creating a “false sense of security and trust.” […]
📈 Crypto Investors Prefer Dollar-Cost Averaging (DCA) Strategy, Kraken Survey Finds
A recent survey has revealed that most crypto investors favor the dollar-cost averaging (DCA) approach when purchasing digital assets.
Canary Capital Files for Spot XRP ETF, Days After Bitwise Bid With SEC
Crypto investment firm Canary Capital Group has officially filed its proposed XRP exchange-traded fund (ETF) with the US regulator. The submission comes a week after asset manager Bitwise first filed for an ETF tracking the token. Per a Bloomberg report, the Canary Spot XRP ETF will be the firm’s first ETF, offering exposure to the token. The Group submitted the paperwork with the US Securities and Exchange Commission (SEC) on Tuesday. Steven McClurg, former Valkyrie Funds co-founder and the founder of Canary, calls the filing a “more progressive regulatory environment coupled with growing demand from investors.” “The Trust’s investment objective […]
📰 The Digital Chamber Issues Statement After Crypto.com Files Lawsuit Against SEC: "Regulatory Overreach"
The Digital Chamber is supporting Kris Marszalek's Crypto.com in its lawsuit against the SEC after it was hit with a Wells Notice.
🇰🇷Korean News Outlet Chosun Ilbo Accused of Promoting KOK Crypto Scam
South Korea's Chosun Ilbo faces allegations of promoting the KOK cryptocurrency scam, with victims claiming $2.97B in losses. Ongoing investigations are underway.
📰What’s Happening In Crypto Today? Daily Crypto News Digest
Explore the latest crypto news impacting the Bitcoin price, altcoin market movements and DeFi ups and downs in this top crypto news digest!
🔗deBridge Launches Hooks For Instant DeFi Cross-Chain Data Transfers
deBridge Hooks automates cross-chain transfers in DeFi, simplifying asset distribution & user onboarding across blockchains.
🇵🇼 Palau Debuts Blockchain-Based Savings Bonds with Soramitsu and Japan
Palau has launched "Palau Invest," a blockchain-based savings bond system in partnership with Japan!
🚀 HarryPotterTrumpElon24MagaPACM (PAC/WETH) Daily Analysis - October 8th, 2024:
👉 Key Points:
🔹 Massive Price Increase: A +16,878% price surge is highly substantial, pointing to a speculative buying wave or sudden interest in the token.
🔹 Reasonable Liquidity: With $73.6K in liquidity, PAC can support decent trade volumes, though larger transactions might still impact the market.
🔹 High Volatility: The volatility rating of 12.20 indicates that PAC's price is subject to frequent and large price movements. This makes it highly speculative and potentially risky for conservative traders.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
⚠️ UN Calls on Southeast Asia to Crack Down on Unlicensed Crypto Exchanges
The UNODC has urged Southeast Asian nations to criminalize the operation of money service businesses or VASPs without a proper license.
🕶️ HBO Satoshi Identity Reveal: 6 People Who Might Be the Bitcoin Founder
A new HBO documentary promises to reveal Satoshi Nakamoto's real identity, potentially ending a 15-year search for the enigmatic Bitcoin creator. We look at six people who could be Satoshi.
2. Asteroid 2024 PT5 (MOON2.0/WETH) 🚀
🔹 24h Price Change: +97,291%
🔹 Current Price: $0.004867
🔹 Analysis: Asteroid 2024 PT5 is rocketing into new territory with a nearly 97,000% increase, making it one of the top performers.
🔹 Strategic Insight: This meteoric rise suggests heavy speculative action, likely linked to hype or potential new developments.
🔹 Trade Wisely: Expect wild price swings, so it may be a high-risk, high-reward play.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
🚀 Bitcoin Rewards App Fold Submits S-4 SEC Filing for IPO as it Adopts FLD Ticker
Fold has submitted its S-4 SEC filing for an IPO, aiming to go public on Nasdaq under the ticker "FLD"!
🔮Arrington Capital-Backed RedStone Launches Bitcoin Staking Oracles
Unlock real-time data on staked BTC with Redstone’s bitcoin staking oracles, now live across Ethereum, Avalanche, and Polygon DeFi platforms.
📊 Cryptocurrency price check 📊
🔹 BTC: $62,283 - 1.96%
🔹 ETH: $2,428 - 2.16%
🔹 BNB: $563 - 2.27%
🔹 XRP: $0.52 - 2.46%
🔹 ADA: $0.35 - 2.90%
📊 Cryptocurrency price check 📊
🔹 BTC: $62,253 - 0.05%
🔹 ETH: $2,435 + 0.28%
🔹 BNB: $582 + 3.45%
🔹 XRP: $0.53 + 0.73%
🔹 ADA: $0.34 - 2.27%
🏆 Dubai, Switzerland, South Korea Crowned Top Crypto Business Locations in 2024
Dubai, Switzerland and South Korea were crowned the top crypto hubs for 2024, leading with legal clarity and pro-crypto policies.
HBO Film Suggests Peter Todd is Satoshi, Former Bitcoin Developer Denies Claim
🕵🏻♂️HBO's documentary Money Electric: The Bitcoin Mystery has stirred controversy by suggesting that early Bitcoin developer Peter Todd is Satoshi Nakamoto, a claim Todd swiftly denied on social media.
👛 Alchemy Pay Launches Samsung Pay Integration for Crypto Payments
Alchemy Pay, a crypto payment provider, now allows users to spend their crypto holdings at millions of locations using Samsung Pay.
🗳️Kamala Harris Narrowly Takes The Lead Over Donald Trump, New Poll Finds
Kamala Harris leads Donald Trump by 3% in a new New York Times/Siena Research poll for the 2024 election. Could this be a game-changer?
🚨 Crypto.com Sues SEC After Receiving Wells Notice, Seeks to Block Jurisdiction Over Token Sales
Crypto.com is fighting back after receiving a Wells notice from the SEC, arguing the agency is overstepping its authority by treating token sales as securities under federal law.
💵 Opinion: FTX Victims Should Be Grateful, Not Angry
FTX customers are getting 119% of their claim back — but some are still unhappy. A look at other crypto bankruptcies suggests this is misguided.
💰 Has Polymarket Gone Too Far?
Betting on who will win the US election is one thing, but gambling on escalation in the Middle East conflict is another. Is Polymarket treating the war as entertainment, and profiting off the misery of others?
🚀 HarryPotterTrumpElon24MagaPACM (PAC/WETH) Daily Analysis - October 8th, 2024:
👉 Key Metrics:
🔸 Market Capitalization: $604.49K, reflecting mid-range growth.
🔸 Liquidity: $73.6K, offering reasonable market depth.
🔸 Circulating Supply: 9.90B PAC tokens.
🔸 Total Market Cap: $604.49K, matching the circulating supply.
🔸 24-Hour Trading Volume: $915.05K, showcasing active trading interest.
🔸 Total Supply: 9.90B PAC tokens.
🔸 Volatility: 12.20, indicating significant price fluctuations.
🔸 Current Price: $0.00005912, with a +16,878% price change.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
🇩🇪 Boerse Stuttgart-Backed Trading App Bison Launches Insured Ethereum Staking
German trading platform Bison launches new staking feature allowing users to earn passive income on their ETH.
3. KOSPI6900 (KRX/WETH) 🚀
🔹 24h Price Change: +25,215%
🔹 Current Price: $0.051778
🔹 Analysis: KOSPI6900 has seen a solid surge with a 25,000% price jump, possibly reflecting increased interest in this token.
🔹 Strategic Insight: This could be riding on broader market trends or new adoption signals.
🔹 Trade Wisely: A steady rise suggests momentum but watch for potential market corrections.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
TOP TRENDING COINS! 📈
Here's the latest on today's market dynamics:
1. This Is Fine (FINE/WETH) 🚀
🔹 24h Price Change: +94,812%
🔹 Current Price: $0.076849
🔹 Analysis: "This Is Fine" token has exploded by nearly 95,000%, indicating a significant surge in demand or speculative interest.
🔹 Strategic Insight: Keep an eye out for announcements or events that may have catalyzed this growth.
🔹 Trade Wisely: Extreme gains can often be followed by sharp corrections, so consider your risk tolerance when trading.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
👨⚖️ Texas Locals Slam Marathon Digital with Lawsuit Over Noise Pollution
Residents of Granbury, Texas, have filed a lawsuit against Marathon Digital, accusing the company of generating noise at its local facility.
Assetera and Archax Team up to Distribute Tokenized Assets in Europe
🇬🇧Assetera, a regulated digital securities trading venue, and UK-based digital exchange Archax have entered a partnership to distribute tokenized real-world assets in Europe.
📈 U.S. Spot Bitcoin ETFs See $235M in Net Inflows, Extending Positive Streak to Two Days
U.S. spot Bitcoin ETFs attracted $235.19 million in net inflows on Monday, marking a two-day streak of positive capital movement.