Altcoins Correction Expected After Q4 Rally
Bitcoin’s dominance is steady, but get ready for a plot twist! Analysts warn of a 2020-like altcoin correction after Q4 rally. Is this a sequel or just a rerun? Stay agile, investors! ?? #Humor
Crypto News
General category for all types of news related to the cryptocurrency world.
Crypto ETFs Approved in Taiwan
Taiwan’s FSC approves crypto ETFs for institutional investors, boosting market competitiveness while ensuring strict risk management and investor competence. This strategic decision marks a progressive stance in the digital asset landscape. $FSC #Update
Cryptocurrency Regulations Revised in Japan
Japan’s FSA to revise crypto regulations: potential tax cuts, reclassification of digital assets as financial instruments, and lifting the ban on crypto ETFs. Big changes in 2024, including eliminating corporate tax on unrealized crypto profits. $FSA #Update
Crypto Acquisition: Matrixport Buys Crypto Finance
Matrixport acquires Crypto Finance, rebranding it as Matrixport Asset Management, marking a strategic move into the European market. This acquisition enhances their regulatory compliance and growth opportunities in the crypto industry. $MPT #Update
Shiba Inu Reveals Shib Metaverse Launch
Shiba Inu’s ‘Shib The Metaverse’ is launching on Sept 29! ? Aiming to unite the SHIB community, it explores zkKYC and fiat top-ups. Despite a 6% price dip, long-term optimism remains. $SHIB #CryptoNews #Update
Fake WalletConnect App Hits 10K Downloads
? Fake WalletConnect app on @GooglePlay tricks 10k users, causing $70k in losses! Despite a 4.8 rating, 150 victims fell for the scam. Crypto scams are getting trickier—stay alert! ?? #Crypto #Security #Humor
US Seizes $7M in Crypto Crackdown
Two Russians indicted for laundering over $1 billion in crypto! ??️♂️ Their platforms, Cryptex and Joker’s Stash, were like the Amazon of cybercrime. ? Law enforcement seized $7M in assets. Guess crime doesn’t always pay… in Bitcoin. ?? #CryptoCrime #DOJ #CyberSecurity
LUNC Price Surges Amid Tax2Gas Progress
Terra Luna Classic community votes on v3.1.6 upgrade, featuring a wasmvm security patch and improved gas simulation. LUNC price rises 6% in 24 hours, trading at $0.00009369. Trading volumes for LUNC and USTC surge over 50%.
Court Rejects Tornado Cash Co-Founder’s Plea
Judge denies motion to dismiss charges against Tornado Cash co-founder Roman Storm, who faces up to 45 years in prison. Court finds allegations credible, dismisses defense of targeting for writing code. Trial set for December 2, 2024.
US Sanctions Russian Crypto Firms
The U.S. sanctions Russian crypto firms PM2BTC and Cryptex for laundering over $720M and aiding cybercriminals. Authorities offer $10M for information on Sergei Ivanov and Timur Shakhmametov. International cooperation traced transactions linked to dark web markets.
Memecoins: Traders Multiply Deposits 2554x
Two traders saw massive gains with meme coins: $95 into $96,900 in 12 hours with $INCEPT and $1,331 into $3.4M in 15 days with $MOODENG. Patterns suggest possible insider trading. Exercise caution in volatile markets.
South Korea Fines Worldcoin Data Breach
South Korea fines @Worldcoin $830,000 for privacy violations, including improper data collection and international transfer. Investigations revealed failure to inform users of data storage purposes. $WLD token surged 17% following the news.
DOGE Price Soars After Musk Post
Elon Musk’s “Dogefather” post on X sparks a Dogecoin ($DOGE) rally, breaking $0.111. Whale accumulation of 1.40B tokens worth $140M boosts confidence. DOGE price hits $0.1147, up 5% in 24 hours, with futures and derivatives surging.
Crypto News: Dubai Tightens Investment Marketing
Dubai’s Virtual Asset Regulatory Authority updates crypto marketing rules, requiring risk disclaimers and accurate info. All firms, licensed or not, must comply, aiming to protect investors and foster innovation in Dubai’s growing crypto sector.