Mango Markets exploiter trial heads to jury

After hearing the evidence presented during the trial, the jury is now considering their verdict on accusations against Avraham “Avi” Eisenberg for market manipulation and fraud linked to an $110 million scheme involving the Mango Markets decentralized exchange. In the United States District Court for the Southern District of New York on April 17, Judge … Read more

Elizabeth Warren supports enhanced U.S. sanction options for stablecoins

Senator Elizabeth Warren of the United States wrote a letter to Treasury Secretary Janet Yellen, expressing her concerns based on Deputy Treasury Secretary Wally Adeyemo’s testimony before the Senate Banking Committee on April 9. The focus of her letter was consistent with the discussion during the hearing: the importance of implementing effective measures against Money … Read more

Bitcoin slips below $60K, but some traders aren’t turning bearish on BTC just yet

The price of Bitcoin dipped under $60,000 momentarily in the run-up to the anticipated halving event. However, despite this brief setback, many traders continue to hold a positive view for Bitcoin’s future value due to recurring bullish trends and increasing institutional investment. Bitcoin remains in pre-halving “danger zone” In spite of Bitcoin (BTC) undergoing a … Read more

The next ICO boom is coming — and it will be better than 2018

In 2018, the Initial Coin Offering (ICO) market experienced a frenzy reminiscent of the Wild West. Venture capitalists (VCs) indiscriminately invested over $7 billion in ICOs, with minimal concern for thorough evaluation or background checks. Many investments were made following impulsive conversations at cryptocurrency events, rather than through rigorous research and due diligence. The most … Read more

Whales buy into PEPE – Do they know something you don’t?

Holders, on average, had an unrealized profit of 4.5% on their initial investments. PEPE looked bearish upon examination of its key technical indicators. Pepe the frog meme coin, represented by the symbol PEPE, experienced impressive growth over the past day, registering a 4.34% price increase as reported by CoinMarketCap. The trading volume of the coin … Read more