Crypto

The most resounding event in the industry this week was the sentencing of former FTX CEO and crypto golden child Sam Bankman-Fried, who has received 25 years of imprisonment. Let’s find out more.  Ethereum   Asset management firm Fidelity has submitted a proposal for a spot Ethereum ETF with staking to the SEC following the success of the first spot Bitcoin ETF.  Consensys, the parent company of self-custody wallet MetaMask, has urged the SEC to approve a spot Ethereum ETF,…

The US and UK authorities have ramped up their crackdown on entities linked to terrorism financing via crypto after the October 7th attacks on Israel. As such, the US Treasury’s Office of Foreign Assets Control (OFAC) and the UK’s Office of Foreign Sanctions Implementation (OFSI) imposed fresh sanctions earlier this week on two individuals and three entities for their alleged involvement in fundraising for the Palestinian Sunni Islamist political entity, Hamas. Pro-Hamas Entities Face Sanctions The sanctioned entities include Gaza…

The post Top Crypto News Weekly: ETFs, Blockchain Developments, Altcoin Surges, and Bitcoin Trends appeared first on Coinpedia Fintech News This analysis report, backed by quality data, covers the major developments the Web3, Blockchain and Crypto sector has experienced this week.  1. Breaking News This Week  Warning Issued to Shiba Inu Community Amid Rising Phishing Scams  Shiba Inu’s marketing strategist alerts users about phishing links from hacked accounts, emphasising caution against connecting wallets to suspicious websites. Former FTX CEO Sam…

The post The Bset 3 Crypto Staking Platforms for 2024 appeared first on Coinpedia Fintech News In the world of digital currencies, staking has emerged as a significant trend. It’s a concept that allows cryptocurrency holders to earn passive income by participating in the network. The appeal of such a system is clear: earn additional income while helping maintain the integrity of the blockchain network. With the increasing popularity of cryptocurrencies and their potential for high returns, more and more…

Bitcoin has once again reclaimed the $70,000 level ahead of its upcoming halving event, speculative frenzies are erupting across the entire crypto market. Investors and media outlets are abuzz, gearing up for a potential new era of monumental gains as mass adoption accelerates. This surging optimism has kickstarted an alt season, with altcoins tacking on eye-popping double-digit price pumps in recent weeks. But one project, in particular, is rapidly outpacing the pack and cementing itself as crypto's hottest emerging coin…

Koala Coin (KLC), the new meme coin sensation, has made waves in the crypto community, particularly with its highly anticipated Stage 1 of the presale at $0.014. As we explore the forecast for 2024 - 2025, the enthusiasm surrounding the potential growth of Koala Coin (KLC) and its impact on the market during and after the presale is undeniable. Early Success and Market Entry The presale of Koala Coin (KLC) has set a strong foundation for its market entry, reflecting…

Warren Buffett, a stalwart critic of Bitcoin and crypto, is indirectly reaping the benefits of the asset class he has often dismissed. Despite his well-documented skepticism, Buffett’s investment conglomerate, Berkshire Hathaway, is witnessing substantial gains from a stake in a company that operates within the crypto market. How Warren Buffett Turns Crypto Into Profit Berkshire Hathaway, under Buffett’s guidance, has long championed the value of investing in companies with strong cash flows and solid business models. This approach has helped…

On March 29, the firm announced its Grayscale Dynamic Income Fund (GDIF) stating that it is its first actively managed investment product. Grayscale added that the new fund aims to optimize income in the form of staking rewards associated with proof-of-stake crypto assets. It is the latest effort from the world’s largest crypto asset manager to retain clients and capital following a huge exodus from its flagship product (GBTC) and its conversion to a spot Bitcoin ETF. Grayscale Dynamic Income…

The TRON network accounted for 45% of all illicit volume in 2023, according to data released by analysts at blockchain forensics firm TRM Labs. TRM Labs released a report titled “The Illicit Crypto Economy” on Wednesday shedding light on the key trends in 2023 related to illicit activities and funds in the crypto space. TRON Blockchain Dominates Illicit Activity TRON blockchain network, founded by Chinese entrepreneur Justin Sun, accounted for the highest illicit activity last year, 45%, a surge from…