Crypto

Crypto trading platform Robinhood has reached a $3.9 million settlement with the California Department of Justice (DOJ), following an investigation into its alleged failure to allow customers to withdraw their cryptocurrency from 2018 to 2022.  The investigation was prompted by numerous consumer complaints regarding Robinhood’s practices, particularly its handling of cryptocurrency withdrawals and trading.  Alleged Violations And Settlement Revealed According to the DOJ, Robinhood violated the California Commodities Law (CCL) by enabling customers to purchase cryptocurrencies without delivering these assets…

The post Avoid This Costly Mistake: $1M Lost in Crypto Scam Due to Contaminated Address appeared first on Coinpedia Fintech News A victim recently lost $1 million in a crypto scam after copying a contaminated wallet address from their transfer history, according to Web3 anti-scam security company Scam Sniffer. The scam happened when the individual copied the malicious address unknowingly during a transaction. Such incidences are a clear reminder of the need to always scrutinize the addresses rather than copying…

The post Crypto Analyst ZachXBT Criticizes Subpar Block Explorers on Layer-1 Chains appeared first on Coinpedia Fintech News Several blockchains have seen the criticism of crypto analyst, ZachXBT urging layer-1 block explorers to improve. On Sept 5, ZachXBT classified Bitcoin’s Blockchain and Mempool as “good” but categorized Ethereum’s and Solana explorers as “okay. ” Cosmos, Hedera, and Aptos fall into the ‘bottom tier’ due to subpar tracking performance. ZachXBT denied the plan of creating a multi-chain explorer level for the…

The post Bitcoin Hangs at $57K With 10% Weekly Drop, As Bears Grip the Crypto Market! appeared first on Coinpedia Fintech News The cryptocurrency market closed its trade for August on a bearish note, with a fall of 8.74%. The prolonged correction phase had led to the crypto market losing its $2 trillion valuation. Following this, Bitcoin price registered a drop of 10.82%. It is currently trading at a discount of 22.51% from its all-time high of $73,794. The altcoins…

In the dynamic world of cryptocurrencies, the movement of “sharks”—large-scale investors—often signals significant market trends. Recently, Aave (AAVE) sharks have turned their attention to a new and promising meme coin Mpeppe, that has already raised nearly $2 million in its ongoing presale. This shift has sparked interest and speculation across the crypto community, as investors and analysts alike try to understand the underlying reasons behind this migration. Aave (AAVE): Decentralized Finance at The Core Aave (AAVE) has long been a…

Summers have historically been very bearish for the Bitcoin price, and the year 2024 has been no different. Since summer began in June, the price of Bitcoin has been very weak, with multiple flash crashes rocking the pioneer cryptocurrency at various points. So far, the Bitcoin price has gone from over $70,000 to below $50,000 at one point. However, this could all be coming to an end as a crypto analyst has pointed out similarities with the summer of 2023 that suggest…

The volatile landscape of cryptocurrency has once again shown its unpredictable nature, this time impacting both Render (RNDR) and Mpeppe (MPEPE). As the market endured a wave of turbulence, the AI-driven Render token faced a sharp decline, suffering a staggering 19.82% loss. Meanwhile, Mpeppe, a rising star in the meme coin world, continues to attract significant investment, with its presale nearing completion at a rapid pace. Let’s dive into the details of how these two distinct cryptocurrencies are faring in…

Ripple (XRP) recently unlocked another massive tranche of 1 billion XRP tokens from its escrow accounts, a routine but significant move that has once again stirred discussions in the crypto community. As XRP’s price dipped slightly following the release, the event raises questions about the broader impact on the cryptocurrency market, particularly on emerging coins like Mpeppe (MPEPE). Here’s a closer look at how Ripple’s latest move might influence Mpeppe’s (MPEPE) trajectory. How Is Mpeppe Positioned in a Volatile Market?…

Data shows the crypto derivatives market has suffered a lot of liquidations in the past day as Bitcoin and others have plummeted. Bitcoin Has Declined More Than 3% In The Last 24 Hours Bitcoin has continued its recent bearish momentum in the past day as its price has observed a further plunge, coming down to the $56,600 level. The chart below shows what the asset’s latest performance has looked like. During this plunge, Bitcoin briefly went down to the $55,600…