Recently, the Chinese Ministry of Industry and Information Technology (MIIT) issued a warning regarding fraudulent schemes involving counterfeit digital yuan applications. According to the MIIT, these fake apps are designed to mimic the official digital yuan platform, tricking users into downloading and engaging with them through false promises of promotions. One of the fake apps
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As the cryptocurrency market continues to fluctuate, Ethereum has been making significant strides with its recent move above the $3,000 mark. This surge in price has caught the attention of many investors, especially with Bitcoin trailing behind. ETH is currently displaying bullish signs and analysts are speculating that it may soon surpass the $3,200 resistance
The BNB price has been gaining bullish momentum above the $350 resistance, indicating a potential for further gains above the $400 resistance in the near term. With bullish signs appearing above the $365 resistance level, the price is now trading above $375 and the 100 simple moving average (4 hours). A key bullish trend line
The ongoing debate in South Korean courts over whether cryptocurrencies should be considered securities has resulted in a legal backlog. Judges at the Seoul Southern District Court are grappling with the question of whether certain coins exhibit “security properties.” This uncertainty is particularly pronounced in cases involving high-profile altcoin price manipulation. The Seoul Southern District
The cryptocurrency market experienced a notable shift on February 23rd, with the native token of Uniswap, UNI, witnessing a staggering 71% surge. This surge, marking UNI’s highest price point since March 2022, has sparked renewed interest in the decentralized finance (DeFi) sector. The primary catalyst behind UNI’s astronomical rise seems to be a pivotal proposal
The rise of Mollars (MOLLARS) in the crypto space has captured the attention of many enthusiasts due to its unique value proposition and potential for growth post-ICO. This token, currently on presale on the Ethereum Blockchain, is set to debut on May 1st as a secure and stable Store of Value (SoV) on the ERC-20
Matrixport, a crypto financial services platform, has once again made a bullish prediction for the price of Bitcoin. This time, they are forecasting that Bitcoin will surge to $63,000. This ambitious target comes after an earlier prediction of $50,000 by the end of January, which did not materialize. Despite the optimism, Matrixport believes that reaching
The Energy Information Administration (EIA) recently halted its survey of crypto mining firms following a lawsuit from industry members. Riot Platforms and the Texas Blockchain Council filed the lawsuit on Feb. 22 against the EIA, the Department of Energy, the Office of Management and Budget (OMB), and their respective heads. The EIA announced that it
Wall Street Memes ecosystem is currently experiencing a growth milestone with the fast-growing GambleFi project. The WSM Casino has seen a significant increase in crypto assets deposited onto the platform, indicating growing excitement in the GambleFi community. The upcoming February burn event is set to remove 5% of the $WSM token supply, introducing a deflationary
The landscape for funding crypto and blockchain projects is changing, with venture capitalists showing a renewed interest in supporting innovative ideas in the industry. Despite past challenges and setbacks, there is a potential shift in fortunes for crypto entrepreneurs as VC investments in the sector are on the rise. This article delves into the strategies