The Australian Securities and Investments Commission (ASIC) has filed a lawsuit against Binance’s local subsidiary, accusing it of misclassifying 505 retail investors as wholesale clients. This alleged action denied these investors the necessary consumer protections they were entitled to. According to the complaint filed in federal court, ASIC claims that Binance incorrectly categorized these individuals as professional or sophisticated traders when they were actually ordinary retail customers.

Crypto traders’ initial concerns about a hawkish Fed became reality on Wednesday as Jerome Powell cut interest rates but expressed uncertainty about the speed and extent of future easing. Now, sentiment has deteriorated. Bitcoin’s seven-day call-put skew shows Deribit-listed put options offering downside protection and expiring in one week are trading at the highest implied volatility premium to call options since September, according to data source Amberdata.

This means put options are the mos

Online reports indicate that Craig Wright, an Australian computer scientist and self-proclaimed Bitcoin inventor, did not attend his UK court hearing today due to a lack of resources to travel. He is currently facing a contempt of court case related to his lawsuit against Bitcoin Core developers. If proven, Wright could receive a prison sentence.

The hearing was expected to address the contempt of court case against Wright, who was ordered to appear at the London Royal Court of Justice. However

Binance’s recent user base survey found that memecoins are the most-held cryptocurrency among surveyed users, with 16% of respondents reporting holding them. Bitcoin came in second place, with 14.44% of participants stating they had some in their wallets. The survey sampled more than 27,000 users from Asia, Australia, Europe, Africa, and Latin America.

The exchange did not disclose the value of respondents’ holdings, but data from CoinGecko shows the total market cap for the memecoin market is

A bitcoin (BTC) slump resulted in over $700 million worth of liquidations across futures tracking major tokens, with XRP and dogecoin (DOGE) products experiencing unusually high losses. BTC dropped under $100,000 in late U.S. hours before slightly recovering during early Asian hours Thursday, as the Federal Reserve hinted at a few rate cuts in 2025.

Fed chair Jerome Powell then stated that the central bank wasn’t allowed to own bitcoin under current regulations, leading to a 3% fall in BTC and

Despite the US Fed’s anticipated reduction of the key interest rates by 25 basis points, remarks made by Jerome Powell, the central bank’s Chair, have had a significant negative impact on the entire crypto market. Powell warned that the rate cuts for 2025 may be fewer than previously expected, after the three consecutive cuts in 2024, and also stated that the US is not allowed to own bitcoin, contradicting Donald Trump’s promise to explore adding BTC to the country’s balance sheet.

These commen

The 34-year-old mechanical engineer turned pornstar, Mark Longo, is allegedly involved in multiple memecoin scandals. He portrays himself as a kind-hearted animal lover, who is unfairly targeted by the government. When Longo’s home was raided by the New York State Department of Environmental Conservation (NYSDEC) agents in October, accusations of memecoin scandals arose.

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Binance.US aims to restore its USD services in early 2025, according to a statement shared with Decrypt. This marks the exchange’s first major operational shift as regulatory pressure forced the exchange to suspend fiat trading last year. The platform has operated under restricted banking access since June 2023, when SEC civil claims triggered a suspension of dollar deposits and withdrawals.

Interim CEO Norman Reed said in the statement, “It is not a matter of if, but when.” Binance.US function

Bitcoin has regained the key $100,000 psychological level shortly after it briefly dipped below six figures, giving one crypto analyst a reason for a short-term bearish view while others have dismissed the dip as routine. “Bitcoin is developing a bearish engulfing weekly candlestick formation,” said pseudonymous crypto trader Rekt Capital in a Dec.

19 post. Rekt said that there are still a few days until the end of the week to “fully confirm” the downtrend, and “lots can change” in the meantime

Former Delphi Digital finance VP Dylan Meissner has been sentenced to 48 months in prison after admitting to embezzling around $4.5m from the crypto research company. The Connecticut District Court judge also ordered Meissner to pay back the funds he stole, and an unpaid loan of over $4.6m. Meissner’s lawyer repeatedly named “Delphi” in sentencing documents, with court documents also revealing “Delphi” as the harmed company.

At the time of the theft, Meissner acted as Delphi’s vice president of

A crypto advocacy group, the Digital Chamber’s Token Alliance, has urged the United States Securities and Exchange Commission (SEC) to review all existing crypto-related investigations, Wells notices, and ongoing lawsuits from the beginning of the new Trump administration. The group, which includes Trump’s nominee for SEC Chair Paul Atkins as an advisory board member, said the new administration presents an opportunity for the SEC to reset its “historically troubled relationship” with the digita

Nietzsche once said, “Everything goes, everything comes back; eternally rolls the wheel.” Things tend to return more often than not, and the crypto world is no exception. Here are three examples:

1. Bluechip NFTs

In recent times, it’s become popular to declare that NFTs are dead. If we examine trading volumes and floor prices, there seems to be some truth to this claim.

However, there are some exceptions: Pudgy Penguins and Milady. These two collections are polar opposites in terms of themes

Blockchain analytics firm Chainalysis has announced the acquisition of Web3 security provider Hexagate in response to the growing threat of crypto hacks and exploits. The acquisition supports Chainalysis’ efforts to bolster trust across various blockchains by expanding beyond investigations into prevention.

Chainalysis is set to integrate Hexagate’s machine learning-powered tools, which detect and mitigate on-chain risks such as hacks, cyber exploits, and governance vulnerabilities. High-profil

A recent study by NFT Evening has revealed that Bitcoin’s surge past $100,000 has led to the creation of 14,211 new millionaires and four new billionaires. The study shows that bitcoin investors have outperformed blue-chip stock investors. According to the findings, Bitcoin’s rise above the $100,000 mark has resulted in the creation of 14,211 new millionaires and four new billionaires.

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From meme coins to the resurrection of Ripple, things in the cryptocurrency world keep coming back. 1. Bluechip NFTs: Despite their poor trading volumes and declining floor prices, projects such as Pudgy Penguins and Milady have managed to revive their collections through the use of meme coins, attracting new users to the ecosystem.

2. Ripple: Once embroiled in a lawsuit, Ripple has made a significant comeback thanks to the launch of its stablecoin, RLUSD. Despite a word of caution from its CTO

“Whatever rises, falls; eternally rolls the wheel of [memes]” – Nietzsche, slightly adjusted. As the German philosopher knew, things come back more often than not. In this week’s update:

1. Bluechip NFTs While some may argue that NFTs are dead, Pudgy Penguins and Milady are defying the trend with soaring floor prices.

Both NFT collections have also launched meme coins, with Miladies trading around $22k and Pudgy Penguins having a floor price of 20 ETH. 2. Ripple Ripple has made a comeback, goi

“Everything goes, everything comes back; eternally rolls the wheel of time” – Nietzsche, slightly adjusted. As the German philosopher knew, things often come back more than not. Class consciousness, ATHs in Bitcoin price, and memes themselves are examples of this eternal recurrence. There are several recent examples demonstrating this phenomenon:

1.

Blue chip NFTs: Many people have claimed that NFTs are dead. This might be true looking at trading volumes and floor prices of previous cycle “dar

Title: Nietzsche’s wheel of [memes] keeps turning: Bluechip NFTs, Ripple, and quantum computing make a comeback

As Nietzsche once said, “everything goes, everything comes back; eternally rolls the wheel of [memes].” Things often come back more often than not, and this is true for the world of cryptocurrency and NFTs as well.

In this article, we will discuss three examples of comebacks in the world of crypto: Bluechip NFTs, Ripple, and quantum computing. Story One: Bluechip NFTs

Despite claims

Title: Blue Chip NFTs and Ripple: Memes and Comebacks

Everything comes back, and the wheel of memes continues to roll. In the world of NFTs and cryptocurrencies, some trends make a comeback more often than others. Story One: Blue Chip NFTs

In the world of NFTs, it’s become popular to say that NFTs are dead, with trading volumes and floor prices dropping for many projects.

However, some projects have bucked the trend. Pudgy Penguins and Milady are two such projects. While they have little in c

Russia criticized the US’s threat diplomacy as BRICS nations work to reduce their reliance on the dollar, citing flawed US policies and escalating global economic tensions. Russia Calls Out US ‘Threat Diplomacy’ Amid Dollar Power Struggle The conflict over the global role of the US dollar has intensified, with BRICS nations preparing to counter President-elect Donald Trump’s policies.

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