The Thai Securities and Exchange Commission (SEC) is cracking down on crypto exchanges that use misleading advertisements to attract investors. Deputy Secretary-General Anek Yooyuen of the SEC issued a warning on April 29, reminding exchanges to stick to prescribed advertising standards. He’s concerned about special privileges being offered to new users and false or exaggerated … Read more
Millions of XRP pulled off exchanges. Ripple remained in a bear trend despite positive signs. Ripple (XRP) has seen more outflows than inflows from exchanges lately, according to data from Santiment. On April 27, for instance, about 3.4 million XRP were deposited while over $5 million worth were withdrawn. This could indicate bullish sentiment among … Read more
OpenAI, a leading artificial intelligence (AI) developer, is under investigation by Austrian data protection authorities following a privacy complaint filed by Noyb, a data rights advocacy group. The complaint alleges that OpenAI’s generative AI chatbot, ChatGPT, provided false information about a public figure when asked for details about them. OpenAI, a well-known artificial intelligence (AI) … Read more
Avraham Eisenberg, who was convicted of fraud and market manipulation in the $110 million heist from decentralized finance (DeFi) protocol Mango Markets last October, now faces new charges. He’s been accused of possessing child pornography. In October 2022, Avraham Eisenberg was convicted for committing fraud and manipulating markets in the $110 million theft from DeFi … Read more
BONK was up by more than 8% in the last 24 hours. WIF’s daily chart was also green, but a few metrics turned bearish. As the market situation improved, Solana (SOL) seized the opportunity to boost its price. While SOL’s 24-hour price action was encouraging, memecoins like BONK drew more attention due to their better … Read more
There’s a small chance that Bitcoin (BTC) may have reached its peak this cycle at around $70,000 based on the theory of veteran trader Peter Brandt. However, many other price models predict the cryptocurrency could still be far from its cycle peak and might even top out at $210,000 before the bull run ends. It’s … Read more