Crypto News

‘Nifty Island’ Reveals Token Launch Date After Play-to-Airdrop Push

Metaverse gaming platform Nifty Island is set to launch its token this month—right as other crypto gaming tokens surge.Source link

Alex Mashinsky, Founder and Former CEO of Celsius, Pleads Guilty to Fraud

Alex Mashinsky, the founder and one-time CEO of bankrupt crypto lending platform Celsius Network, pleaded guilty to two counts of fraud on Tuesday afternoon, according to reports from Reuters and Inner City Press.He has reportedly agreed to a maximum sentencing guideline of 360 months, or 30 years, in prison.Last July, Mashinsky was arrested in New York and charged with seven criminal counts tied to the operation of and the 2022 collapse of his company, including securities fraud, commodities fraud, wire fraud and conspiracy to manipulate the price of Celsius’ native token, CEL.“I said that Celsius had approval from regulators. It was false. I falsely said I was not selling my CEL tokens, I accept full responsibility for my actions,” Inner...

Celsius Founder Alex Mashinsky Will Plead Guilty to Fraud Charges: Reuters

Alex Mashinsky will reportedly plead guilty to two of the federal fraud charges levied against him over the collapse of crypto lender Celsius.Source link

Growing World of XRP Meme Coins Could Shape the Next Crypto Trend

The XRP Ledger has become a hotbed for meme coin activity with thousands of tokens emerging, driven by XRP’s recent price surge. Meme Coins Are Flying on XRP The XRP ecosystem is currently witnessing a surge in meme coin activity, catalyzed by a significant rally in XRP’s price. XRP recently rose to become the third-largestSource link

Cash App Has Dropped Its Zero Fee Bitcoin $Cashtag Transfers

A Cash App spokesperson told Decrypt the company wants to focus on "products and services that Bitcoin holders on Cash App use and value most.”Source link