Apecoin Community Votes on Keeping APE Token in the Ethereum Ecosystem

Post Views: 215 The Apecoin community is in the midst of discussing whether or not the crypto asset should remain within the Ethereum ecosystem. While AIP-41 voting started today, the proposal’s voting process will end on June 8, 2022, at 9 p.m. (ET). Meanwhile, the project’s native token APE has lost 57% against the U.S….

El Salvador Treasury Minister States Ukraine-Russia Conflict Disrupted Bitcoin Prices, Volcano Bonds Still on Hold

Post Views: 217 Alejandro Zelaya, Treasury minister of El Salvador, explained that the conflict happening currently between Ukraine and Russia has influenced the price of bitcoin on international markets, disrupting it. Due to this disruption, Zelaya also stated that it was not feasible to issue the volcano bonds yet, which are to finance the construction…

LABEL Foundation Integrates With Binance Custody to Offer Cold Storage Support for $LBL Token

Post Views: 187 A budding relationship Also, in terms of insurance, Binance Custody obtained insurance from Arch Syndicate 2012 at Lloyd’s of London, which was mediated by Lockton’s Emerging Asset Protection (LEAP), the world’s largest independent insurance broker, to further enhance investor protection. Insurance is one of the most important factors when it comes to…

Bitcoin, Ethereum Technical Analysis: BTC Gains Prior to NFP Report, Following a Cross of Moving Averages

Post Views: 229 Bitcoin was once again trading above $30,000, as markets were anticipating the release of May’s non-farm payrolls report. Whilst BTC was back in the green, ETH continued to trade lower, and as of writing is below $1,800. Following a drop in price on Thursday, BTC was back in the green on…

Bulgarian Chief Prosecutor Accused of Willfully Failing to Act Against Onecoin Fraudsters

Post Views: 233 The legal representative of victims of the Onecoin bitcoin scam operation, Jonathan Levy, has accused the Bulgarian prosecutor of deliberately failing to take action against Onecoin. The lawyer said due to the prosecutor’s inaction, more victims are losing millions of dollars to the fraudsters. A lawyer representing victims of the Onecoin bitcoin…

South Africa Charges Former Monero Lead Developer With 378 Counts of Fraud and Forgery

Post Views: 239 Former Monero lead maintainer, Riccardo Spagni, faces over 370 counts of fraud, forgery, and uttering. The charges against the developer stem from fraudulent activities he allegedly committed when he was still employed by Cape Cookies. As per court documents filed in May 2022, the former developer is now…

NY Attorney General Warns About Investing in Crypto Market — Says It’s Extremely Unpredictable, Unstable

Post Views: 216 New York Attorney General Letitia James has issued a warning about investing in cryptocurrency. She said the crypto market is “extremely unpredictable” and “unstable,” noting that the market “reached record lows” last month. New York Attorney General Letitia James issued a warning about investing in cryptocurrencies Thursday. The official Twitter account…

Venezuelan Sunacrip Tightens Control on Transactions Made Using Unauthorized Exchanges

Post Views: 222 Sunacrip, the Venezuelan cryptocurrency watchdog, has issued a new internal providence that defines the guidelines it will follow in dealing with reports of suspicious activity related to fintech platforms. The document describes that the use of unauthorized platforms might constitute a suspicious activity, which could ostensibly lead to penalties of $15,000 for…

Venture Capitalist Tim Draper Explains Why Bitcoin Will Soar Past His $250K Estimate

Post Views: 285 Venture capitalist Tim Draper has doubled down on his bitcoin price prediction of $250,000 by the end of this year or early next year. However, he explained why he expects the price of the cryptocurrency to soar past his estimate. Yeah, by the end of this year or early next year. …

Central Bank of Armenia Urged to Regulate Cryptocurrencies

Post Views: 222 Calls have been issued in Armenia for the central bank to do its job and put the country’s crypto space in order. Both government regulators and representatives of the financial sector insist that the industry needs regulation to prevent the use of cryptocurrencies for illicit purposes. Without regulating this area, we allow…