The world’s largest crypto exchange, Binance, is facing a class action lawsuit for alleged market manipulation and dishonest practices. The largest cryptocurrency exchange continues to face problems, this time Binance faces a class action lawsuit. The reasons, according to the plaintiffs, allude to alleged market manipulation. Both Binance and its CEO, Changpeng Zhao, received lawsuits […]
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Historically, large token unlocks have often led to increased volatility in the cryptocurrency market. The impending token unlocks raise important questions about how the prices of these projects will be affected. This notable token unlocks promise excitement and potential profits for cryptocurrency enthusiasts. However, they also carry risks of increased market volatility. This cryptocurrency market […]
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NYSE Arca filed an application to convert the Grayscale Ethereum Trust (ETHE) into an Ethereum ETF with the SEC. Grayscale CEO Michael Sonnenshein highlighted the importance of this step in bringing Ethereum within the US regulatory sphere. ETHE shares saw a 6.15% increase following the announcement of the conversion into an Ethereum ETF. Grayscale Investments, […]
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UBS Asset Management announced that it is turning to Ethereum to launch a pilot program for a new tokenized money market fund. One of the most important financial fund firms in the world, UBS Asset Management, will base a new experiment on Ethereum. This is a tokenized money market fund that will be in testing […]
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The creator of Chainlink foresees a possible collapse of the banking system that could accelerate the mass adoption of cryptocurrencies. Sergey Nazarov predicted two possible futures for cryptocurrencies and blockchain technology in the next decade. Cryptocurrencies, such as Bitcoin and Ethereum, as well as DeFi, have gained traction because they offer a decentralized alternative, according […]
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