US, Canadian investors to get full compensation in GSB Group settlement

The German group is accused of running a multilevel marketing scheme that took in hundreds of millions of dollars in supposed crypto and metaverse investments.

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VanEck to Close Ethereum Futures ETF, Shifts Focus to Spot ETP

In a significant shift of focus for its crypto-related products, VanEck has announced it will soon shut down and liquidate its Ethereum futures ETF, known as the VanEck Ethereum Strategy ETF (EFUT). This decision, unveiled on September 5, comes on the heels of the approval of VanEcks spot Ethereum exchange-traded product (ETP), reflecting a strategic […]

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Ripple Labs Seeks Temporary Hold on Monetary Penalty Amid Ongoing SEC Battle

Ripple Labs is seeking a temporary hold on the monetary court decision that was issued on August 7 as part of the ongoing legal battle with the Securities and Exchange Commission (SEC). The request, which has the SEC’s permission, seeks to postpone the payment of the monetary penalty, initially due on September 6, 2024. Ripple […]

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Ripple Faces 2026 Appeal Delay, Legal Expert Reassures Investors

Attorney Fred Rispoli has offered insight into the ongoing Ripple case, easing concerns about a potential SEC appeal. According to Rispoli, even if the regulatory body does appeal, a ruling likely wont be reached before 2026. This long delay offers breathing room for Ripple and XRP to continue thriving. Rispoli also pointed out that the […]

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Cardanos Surge with Chang Hard Fork: What it Means for ADA Holders in 2024

Cardano’s blockchain took a major step forward with the Chang hard fork on September 1, 2024. This marks the networks entry into the Voltaire era, ushering in new governance systems. Users can now participate in decision-making, delegate votes to representatives (DReps), or opt out entirely. But this shift has also sparked concerns among ADA holders. […]

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Telegram Reaches 10M Paid Users, Unveils New Business Feature

Telegram is on the way to great success with 10 million paying users. In his post on Telegram, founder Du Rove scored this accomplishment, cheering on the subscribers of Telegram Premium. The service gives users unique features, and with 10 million subscribers, it is a huge success for Telegram in its way of monetizing the […]

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Ripples CTO Clarifies XRPL Programmability Plans Amid Community Confusion

Ripple’s Chief Technology Officer, David Schwartz, recently addressed growing confusion surrounding the company’s latest blog post on the programmability of the XRP Ledger. In a tweet, Schwartz clarified that Ripple has no intention, and does not desire, to unilaterally alter the XRP Ledger. Instead, the blog post was meant to signal Ripple’s commitment to enhancing […]

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Crypto News Digest: Floki Partners with OG Esports, Bitcoin Holding Trends, FBI Alert

Floki partners with OG Esports for Valhalla, Bitcoin holders remain cautious, FBI warns of crypto threats, and Qatar launches a digital assets framework for innovation.

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Hayes Predicts Bitcoins Fall to $50k Before Massive Rebound

Arthur Hayes, the founder of BitMEX, has issued a bold prediction about Bitcoins (BTC) future. He believes the cryptocurrency may dip towards $50,000 in the coming weeks but will rebound strongly by late September. This outlook is shaped by a key economic factor, the rising reverse repurchase agreement (RRP), which is linked to the Federal […]

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Exciting Polygon Shift: 10B MATIC Becomes POL

Polygon developers have officially launched the migration of the MATIC token to its successor, POL. After a year of intense discussions within the community, this transition marks a pivotal moment in the network’s journey toward becoming a ZK (Zero-Knowledge) chain and further integrating with AggLayer. The POL token, now the native gas and staking currency […]

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Ripples Massive Vision: Bringing Smart Contracts to XRPL in 2024

Ripple’s recent announcement to introduce smart contract functionality to the XRP Ledger (XRPL) has sparked conversations across the community. The plan, spearheaded by Ripple’s CTO David Schwartz, reveals a strategic approach aimed at enhancing XRPL’s utility while navigating concerns raised by stakeholders. The firm outlined a two-pronged strategy to bring smart contracts to XRPL. The […]

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Solana Battles to Reclaim $125 Support After 20% Plunge

Solana (SOL) has slipped below the $130 mark, marking a 20% decline over the past 11 days. With the current price at $127, the $125 support zone is under significant pressure. This crucial level has acted as a stronghold for bulls in the past. The recent price action hints at deeper troubles. A death cross […]

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Kusho World Launches Web3 Shop with Crypto Payments

Kusho World has launched its Kusho Shop, allowing customers to purchase apparel using both cryptocurrency and fiat.

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Ethereum Staking Outshines U.S. Bonds with 15% Growth

Ethereum (ETH) staking returns are poised to surpass U.S. interest rates in the coming year. This change could attract investors seeking higher yields, driving Ethereums price upwards. Falling U.S. rates and rising ETH transaction fees are expected to close the gap between staking returns and traditional risk-free rates. Since mid-2023, the spread between Ethereums Composite […]

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Crypto News: Bybit Islamic Account, Visas Crypto Push & FTX

Stay updated with the latest crypto news, including Visa's new digital assets platform, Bybit Islamic Account, and Caroline Ellison's sentencing for FTX fraud.

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Litecoin Miners Earn 3X Rewards with New Binance Pool Feature

Binance Pool has launched a new feature for Litecoin (LTC) miners. Merged mining with Bellscoin (BEL). By joining, miners can earn rewards in Litecoin, Dogecoin (DOGE), and BEL. While BEL is not listed on Binance, this marks a key moment for the asset, created by Billy Markus, the same person behind Dogecoin. Bellscoin was created […]

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October set for $3.46 billion crypto token flood, first week to unlock $735 million

Over $735 million worth of crypto will be unlocked and released into circulation in the first week of October, according to data from Token Unlocks. The $735 million unlock is part of a larger $3.46 billion expected to be released throughout October. According to Token Unlocks, most releases involve assets like Celestia, Worldcoin, and Solana. […]

The post October set for $3.46 billion crypto token flood, first week to unlock $735 million appeared first on CryptoSlate.

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$230M for Shareholders? FTX Bankruptcy Developments Raise Eyebrows

The recent filing in the FTX bankruptcy saga indicated that a critical hearing would be held on October 7, 2024, during which the proposed reorganization plan will be put to the test. If the court gives its approval, creditors whose claims are less than $50,000 might see some relief at the end of 2024. Those […]

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XRP Ledgers 2024 Smart Contracts Plan Sparks Excitement

The XRP Ledger (XRPL) stands on the brink of a transformative shift. Ripple, the company behind XRP, is gearing up to introduce smart contracts, with plans to roll out this functionality as soon as next year. Currently, smart contracts are in the research phase, but the groundwork is being laid with the development of XRPL […]

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Solana Whale Dumps Massive 695K SOL, Retains $255M Stake

A major Solana (SOL) whale has been making waves throughout 2024. This whale, possibly an institutional player, has been consistently selling off its holdings, according to Lookonchain. Since the start of the year, the whale offloaded 695,000 SOL, translating to a staggering $99.5 million. On average, this breaks down to 19,306 SOL, or $2.76 million, […]

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