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The co-founder of Blum, a prominent blockchain company, was detained in Moscow on charges of fraud, leading to his resignation from the company. The arrest of the co-founder has caused shockwaves in the cryptocurrency community, with many expressing concerns about the future of Blum and its projects. The incident has raised questions about the integrity [...]
The co-founder of Solana believes that meta-blockchain is the key to unifying blockchain data. Anatoly Yakovenko, also known as Nanit, asserts that meta-blockchain could bridge the gap between various blockchain networks, enabling seamless data sharing and interoperability. Yakovenko highlights the importance of creating a universal standard for blockchain data to ensure compatibility and efficiency across [...]
Binance CEO Changpeng Zhao Offers Guidance on Crypto to Kyrgyzstan Changpeng Zhao, founder of the renowned cryptocurrency exchange Binance, recently shared his insights on the potential benefits of embracing digital assets with officials from Kyrgyzstan. Zhao discussed the positive impact that cryptocurrencies can have on economic development and financial inclusion during a meeting with representatives [...]
The post Binance Co-Founder Changpeng Zhao to Provide Expertise on Blockchain Technology to Kyrgyzstan appeared first on Crypto Breaking News.
The cryptocurrency industry is undergoing a significant transformation when it comes to regulatory compliance, with many firms now prioritizing compliance measures more than ever before. Elliptic, a leading provider of crypto compliance solutions, has observed this shifting mindset among industry players. There is a growing recognition within the crypto space that compliance is essential for [...]
The post Elliptic Co-Founder Reveals Major Change in Crypto Firms’ Compliance Approach appeared first on Crypto Breaking News.
The article highlights Tether’s collaboration with Reeve Collins to introduce a stablecoin backed by gold and tokenized assets. Tether, a prominent player in the cryptocurrency space, aims to enhance the stability and reliability of its digital assets by pegging them to tangible assets like gold. This partnership with Collins, a seasoned entrepreneur and blockchain expert, [...]
The post Tether Co-Founder predicts US Dollar will face increasing competition for stablecoin supremacy appeared first on Crypto Breaking News.
It has been reported that Ripple co-founder, Chris Larsen, fell victim to a theft of 150 million XRP tokens due to a breach in his password manager. This incident highlights the importance of maintaining strong cybersecurity measures, especially in the world of cryptocurrency where assets are vulnerable to such attacks. The breach in Larsen’s password [...]
The post LastPass Breach Linked to $150M XRP Theft by Ripple Co-founder Larsen appeared first on Crypto Breaking News.
As per reports, Reddit founder Alexis Ohanian has expressed interest in acquiring TikTok and integrating it onto the blockchain. Ohanian sees the potential for TikTok to thrive in a decentralized environment, offering users more control and privacy over their data. By bringing TikTok onto the blockchain, Ohanian believes that the popular social media platform can [...]
The post Reddit Co-Founder in Talks to Acquire TikTok and Integrate with Blockchain Technology appeared first on Crypto Breaking News.
After the recent presidential pardon frenzy, speculation is swirling around whether former President Donald Trump will grant clemency to the founders of BitMEX. This popular cryptocurrency exchange made headlines for alleged violations of anti-money laundering regulations. With a cloud of legal troubles hanging over their heads, the BitMEX founders are hopeful for a last-minute reprieve [...]
The post Report: Donald Trump Grants Pardons to Three BitMEX Co-Founders appeared first on Crypto Breaking News.
Joe Lubin Shares His Vision for the Ethereum Network and the Decentralized Ecosystem In a recent interview, Joe Lubin, co-founder of Ethereum and founder of ConsenSys, discussed the future of the Ethereum network and the potential impact of decentralized applications (dApps). Lubin expressed his optimism for Ethereum’s continued growth and evolution, highlighting its ability to [...]
The post The Future of Ethereum: Insights from Co-Founder Joe Lubin appeared first on Crypto Breaking News.
Danny Ryan, an accomplished Ethereum developer, has officially joined Etheralize as a co-founder. This strategic move aims to leverage Ryan’s expertise and experience in the Ethereum ecosystem to drive innovation and growth within the Etheralize platform. Ryan is well-known in the blockchain space for his contributions to Ethereum 2.0, particularly in the areas of research [...]
The post Danny Ryan, Ethereum Developer, Joins Etherealize as Co-Founder: A Exciting Boost for the Team appeared first on Crypto Breaking News.
While it’s evident that NFTs lost the glory they once had, Animoca Brands co-founder Yat Siu defended the non-fungible token market during a Bloomberg interview with host Caroline Hyde. According to Siu, the NFT world remains strong despite the faded activity. He highlighted that the industry continued to rake up massive sales. He revealed that …
<p>The post Animoca Brands co-founder explains why NFTs aren’t dead first appeared on CCNC | Cryptocurrency Newscast.</p>
The crypto space has largely been accused of a lack of clear governing rules which have made it difficult even for countries to regulate it. However, Europe seems to be on track to becoming the first region to craft harmonized crypto regulations after the European Parliament passed the Markets in Crypto-Assets Act (MiCA). According to …
<p>The post Swarm co-founder says MiCA anchors Europe as the leader of a new global crypto era first appeared on CCNC | Cryptocurrency Newscast.</p>
The co-founder of Pump.Fun, a platform dedicated to cryptocurrency memes, believes that most altcoins have a similar purpose of serving as memes. This perspective sheds light on the vast array of alternative cryptocurrencies in the market, many of which may not have unique value propositions beyond being part of a shared culture of digital assets. [...]
The post Pump.Fun co-founder reveals why most altcoins are just like memes appeared first on Crypto Breaking News.
Tether’s co-founder recently introduced a new stablecoin to the market, presenting a rival to the existing options available. The launch brings more diversity and competition to the stablecoin sector, providing users with alternative choices for their digital asset needs. This move signifies a shift in the stablecoin landscape, as more players enter the market to [...]
The post Exciting Launch: Tether Co-founder Introduces New Stablecoin with Yield Opportunities appeared first on Crypto Breaking News.
The sentiment surrounding Ether is at its lowest point, potentially signaling a turning point for its price trajectory. The bearishness surrounding the cryptocurrency has peaked, leading some analysts to predict a reversal in its value. This shift in sentiment could indicate a bullish trend on the horizon for Ether. Despite recent downturns in price, some [...]
The post Ether Reaches Peak Bearish Sentiment and Approaches Critical Tipping Point, Says Tyr Capital Co-Founder appeared first on Crypto Breaking News.
HashFlare Founders Negotiate Plea Deal for Wire Fraud The co-founders of the popular cloud mining service HashFlare have reportedly entered into a plea deal in a wire fraud case. The deal comes after they were accused of defrauding investors by misrepresenting the company’s performance and withholding important financial information. This development has sent shockwaves through [...]
The post HashFlare co-founders confess to wire fraud charges in the United States appeared first on Crypto Breaking News.
During this cycle, Memecoins, especially Solana-based ones, became the leading narrative of the crypto market. These tokens have eclipsed investors attention and overshadowed the performance of many large-cap altcoins. Some experts weighed in on the markets performance over the last year, discussing what made meme-based tokens the cycles top-leading narrative, and what could be next for the industry. Related Reading: FET Gears Up for Gains: Bullish Momentum Eyes $1.8 Breakout The Value Of Solana Interjective Culture Coins Qiao Wang, co-founder of Alliance DAO, shared his thoughts on the market dynamics that led to each cycles top narrative. In the X post, he noted how theres an opportunity for retail to outperform professionals every cycle. The alpha is for retail to get involved at a time when there’s too much career risk for professionals to get involved. Retail investors outperformed professionals during the first cycle with simply Bitcoin, Wang explained. In the second cycle, investors took advantage of Ethereum’s narrative, while Decentralized Finance (DeFi) and Non-Fungible Tokens (NFTs) became the leading retail opportunities during the third one. Solana and the intersubjective culture coins, as Wang called memecoins, have dominated the ongoing cycle. The meme-based tokens popularity has often been criticized for a lack of utility and substance, frequently resulting in a quick buck for their creators and a few early buyers. Nonetheless, Wang seemingly suggests that these tokens value relies on the shared culture behind them, an argument that experts and industry figures have discussed before. As reported by NewsBTC, crypto traders Ansem and Kel debated the value of memecoins in the Unchained podcast. In the interview, the traders explained theres value in memes and culture on the internet, which makes a comparison with other altcoins pointless. They added that the crypto community is very internet-centered as its members understand the financial aspect and are very knowledgeable about online culture. As such, crypto investors realized theres an opportunity to financialize meme virality in the industry. Additionally, they pointed out that the shared experience of relating is another crucial factor driving the craze of meme-based tokens, as seen with the communities of Solana-based memecoins like dogwifhat (WIF) and Popcat (POPCAT). Memecoins ‘Absorbed’ The Markets Energy On Sunday, Chris Burniske, the co-founder of Placeholder, also took X to weigh in on the memecoins frenzy. To him, Memecoins tendency to trigger is all you need to observe to know theyll be bigger than we expect in the expansion ahead. In the post, Burniske revealed that he considers the trend is clear as the cultural relevance NFT collections had in 2021 will be surpassed by some of the memecoin sensations of this cycle. It is worth noting that, on October 7, the total market capitalization of Solana memecoins surpassed $10 billion, as SolanaFloor reported. Solana co-founder Anatoly Yakovenko replied to Burniske, sharing his theory for why memecoins became the leading narrative. Yakovenko considers that the previous cycles were also 90% memes and 10% products. Related Reading: XRP Takes A 16% Hit In SEC Lawsuit Drama, But Analysts See Hope However, he suggests that today, the sector has monopolized the energy that propelled different narratives during other cycles: My theory is that memecoins today have completely absorbed the meme energy that drove other cycles, like DeFi summer, Solanas co-founder noted. Based on it, Yakovenko believes that products must make it purely on value now, which could be a positive thing for the broader industry. As of this writing, Solana (SOL) is trading at $151, a 4% surge in the last 24 hours. Featured Image from Unsplash.com, Chart from TradingView.com
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