Limited Coin(LTD)

An Australian Federal Court mostly ruled in favor of Australia's markets regulator in its case against BPS Financial Pty Ltd (BPS) over its Qoin scheme, on Friday.

Amid latest bloodbath in the overall market, XRP registered some losses as it dipped below $0.5 yesterday. Hence, it has seen a slight increase over the past hours and is now attempting to climb back on the daily graph. XRP has been subjected to a consolidation mode for the past […]

Following this month’s global market meltdown, Litecoin LTC found support some weeks back and slowly climbed back as it experienced low volume inflow. While struggling to push higher, it encountered resistance and lost 5% today. Despite facing a lot of hurdles in the past two weeks, LTC appeared to be […]

Amid the recent meltdown, Apecoin lost almost half of its market cap and rolled back to the bottom. Following a sudden rejection last week, the price retraced slightly and remained calm since the start of the week. During last week’s meltdown, Ape recorded a lot of loss and completely dropped […]

The company aims to bring corporate bonds to blockchain rails, which could have averted a similar credit meltdown to what happened in crypto in 2022, CEO and co-founder Max Boonen said in an interview.

While many larger cap altcoins increased notably in the past week, Solana SOL remained weak on the daily chart as it struggled to recover. It has formed a double-top pattern with an additional 2% loss overnight. Amid last week’s meltdown, Sol witnessed a lot of loss and rolled to its […]

Cardano ADA resumed bearish actions this week following a fresh meltdown across the crypto space. The price appears weak as it heads towards a support line, where a major break or bounce is likely to play. In mid-March, Cardano went through a serious drop after testing the $0.8 level. It […]

Despite the latest increase in the global market cap, Avalanche’s price remained down and continued to consolidate on the daily timeframe. A drop below its weekly low could trigger a short-term retracement. Avax did not see much drop during the recent meltdown that hit the crypto space, which led most […]

In the latest pre-halving meltdown, Floki’s volume decreased significantly and continued to correct lower. As a result, it lost almost 40% of its value in the last seven days, making it the current top loser in the market. When Floki started to increase in late February, the price went through […]

Apecoin APE lost momentum due to the ongoing drawdown in the entire crypto market. While the trend remains bullish on the macro level, it is currently retracing and similarly looking for key support to restart bullish. The past six months have led Apecoin into a bullish formation after establishing base […]

Matic has seen a nice recovery after witnessing a serious meltdown in the last couple of weeks. It resurged this month to a three-week high after registering a 5% increase in a week. The bulls appeared back! Last month saw Matic through several drops in the first month of the […]

After witnessing a nice recovery all through last week, Avax tumbles and turns weak again due to the latest drops. It has registered a 7% loss in the last 48 hours and will likely shed more in the coming days. Last week, Avax took a little break from the dip […]

After the 2008 global financial meltdown, Congress set up a round table of regulators who could wield a unique tool against the next emerging threats. The Financial Stability Oversight Council (FSOC) can tag companies with systemic-risk labels that saddle them with tremendous new restrictions, and the crypto sector has the council's attention.

[PRESS RELEASE – Singapore, Singapore, January 3rd, 2024] Bunzz pte ltd (Singapore), the operator of the Web3 development infrastructure “Bunzz”, has announced the release of the open beta version of its AI-powered smart contract audit tool “Bunzz Audit”. The company is starting to provide Free Audit Reports for the first 20 projects. Overcoming Challenges in […]

CatalX CTX Ltd., the company behind crypto exchange Catalyx, suspended all customer trading, deposits, and withdrawals after a “security breach.” The exchange suspects the breach may have involved one of its employees.

[PRESS RELEASE – London, United Kingdom, December 28th, 2023] Minutes Network Ltd, the world’s first blockchain-based wholesale voice termination service provider, is set to reinvigorate telecommunications operator profitability with its innovative approach to voice call services. In a departure from recent industry trends, the company introduces the Mintech innovations hub and its proprietary suite of […]

Gold Rush Global Group Pty Ltd Showcases Leadership in Financial Services with Emphasis on Cryptocurrency Trading

The United States Justice Department is seeking more than $4 billion from Binance Holdings Ltd. as part of a deal to resolve investigations into alleged multiple criminal violations by the world’s biggest cryptocurrency exchange and its co-founder.

[PRESS RELEASE – Amsterdam, Netherlands, November 16th, 2023] Today, Australian company Blue Biometrics Pty Ltd (Blue) and Dutch Layer-1 Blockchain Network, LTO Network (LTO) announced their collaboration to deliver a cross-chain proof-of-humanity solution. Together, they aim to weed out bad bots and meet the growing need for identity and fraud prevention for crypto assets. Customers […]

U.S. regulators don't have any more authority now to head off another major crypto collapse than they did when FTX imploded and took much of the industry with it, said Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam.

I am not buying yet, just closing loss-making short positions in AAVE, SOL, CRO and TRX, Capo said, having predicted last year's market meltdown.

ASIC takes legal action against Bit Trade Pty Ltd for breaching design and distribution obligations (DDO) in margin trading, causing customer losses.

The Australian Securities and Investment Commission (ASIC) sued Bit Trade Pty Ltd, the provider of Kraken to the Australian market. The regulator alleged the company failed to comply with design and distribution obligations for its margin trading product.

In light of several U.S.-based banks severing their crypto ties, stablecoin issuer Tether has partnered up with Bahamas-based private bank Britannia for dollar transfer processing. Tether Turns To Bahamas For Banking Needs According to the latest reports, Tether has integrated the Britannia Bank & Trust Ltd. to process dollar transfers on its platforms. Although the stablecoin issuer has not directly addressed these reports and it is not clear when the banking relationship between the two started, people familiar with the matter have claimed that Tether had instructed clients to send money to Britannia’s bank account in the last few months. The firm has also integrated other banks like Deltec and Capital Union into its platform. Banking Exodus Among Crypto Firms There has been a recent spike in regulatory scrutiny in the United States. Regulators are coming down harder on crypto firms and on banks that associate with them. They clearly do not want a repeat of last year’s FTX massacre, which spread like a contagion, taking down financial institutions like Silvergate Capital, Signature Bank, and Silicon Valley Bank. Due to the increasing oversight into banks associated with crypto firms, many US-based crypto firms have had to turn offshore to look for banking partners. The integration of the Bahamas-based Britannia Bank indicates that Tether, too, has had to join the ranks of the firms driven out of the U.S for their banking needs. The integration will allow the firm to process its dollar transfers. Tether’s Growth In 2023 Since stablecoins are pegged on a 1:1 ratio to the US dollar, it is highly useful, especially to crypto traders who use them to move their digital assets from one exchange to the other. A significant chunk of these traders particularly use Tether’s USDT stablecoin due to its popularity and extensive market cap. The USDT has had a solid run, despite the market instability during the first quarter of 2023. It rallied over 20% during those four months and reached a market cap of $80 billion despite the market crisis. Currently, it has stabilized at a market cap of $82.9 billion, occupying 66.5% of the total crypto market. Concerns Over Asset Reserves However, the firm has remained vague about how it accesses and stores its billions of dollars of assets that are used to back the dollar, leading to some concern in the market. The company was almost in some legal trouble with a class-action lawsuit that was filed on charges that Tether had falsely advertised its USDT stablecoin. However, the lawsuit was dismissed, citing a lack of merit by the court judge. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.