Crypto News

Bitcoin Fraudsters Ordered to Repay $30 Million in Three Months

The trader who discovered the bug died before he could be prosecuted, but his friends used it to make millions of dollars.Source link

Flockerz ICO Enters Raises $11.5M, Enters Final 24 Hours – Next Meme Coin to Explode?

The clock is ticking for investors looking to gain exposure to Flockerz (FLOCK) before its official launch. Flockerz’s ICO ends in less than 24 hours – presenting one last opportunity to buy in at a fixed price. How Flockerz Turns Community Votes Into Real Crypto Rewards Flockerz isn’t like other meme coins. It’s shaking thingsSource link

Investment Management Firms Want to Bring Trump Coin to Institutions With a New ETF

Crypto issuers surely seem to think anything is possible now that Donald Trump is in office.Exchange-traded fund issuer Rex Shares and crypto asset manager Osprey Funds on Tuesday filed for numerous crypto-focused exchange-traded funds (ETF), including a Trump ETF, according to a filing with the Securities and Exchange Commission (SEC) on Tuesday.The ETF would track the price of TRUMP, the memecoin launched by the President himself on Friday, a few days before his inauguration. The coin amassed nearly $17 billion in trading volume over the past 24 hours while dropping nearly 25% over the same period.First Lady Melania Trump also launched her own token called MELANIA, which currently trades at roughly $4. Both tokens are memecoins and therefore have no...

Smart Valor Is Conducting a Strategic Review That May Lead to Sale of the Company

Smart Valor, a crypto exchange and AI-led investment company, is exploring a possible sale of all or part of its business.The Zug, Switzerland-based company is conducting a strategic review after receiving a number of inquiries from large global exchanges, crypto platforms and traditional finance (TradFi) institutions including banks and trading platforms, CEO and co-founder Olga Feldmeier told CoinDesk in an interview.The European Union's Markets in Crypto Asset (MiCA) rules came into force on Dec. 30, and Smart Valor could be a target for companies that don't have regulatory approval in Europe. While neither Switzerland nor Lichtenstein, where Smart Valor's retail crypto exchange is regulated, are members of the bloc, they belong to the European Economic Area (EEA) and can adopt...

REX Submits Trump, BONK, Dogecoin and Bitcoin Crypto ETF Filings to SEC

Just a day after Gary Gensler’s formal exit from the SEC, a slew of meme coin ETFs have been filed.Source link