Author: CryptoHoppers

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Eddie Seal memecoin team stirs X with $350 for Eddie Seal tattoo; $500 if on the head. On Sunday, June 16, X, formerly known as Twitter, buzzed with news from the Eddie Seal memecoin team. They announced a contest inviting people to get an Eddie Seal tattoo. Known for their quirky and often controversial ideas, the team is offering $350 to anyone who gets an Eddie tattoo. If someone gets the tattoo on their head, they’ll receive $500. The…

MetalCore’s Barony Guild System is a new way for players to form factions, share resources, and conquer in large-scale PvP battles. The post MetalCore launches Barony guild system to enhance PvP experience appeared first on Crypto Briefing. Source link

Adam Ficsor, the lead developer of Wasabi Wallet, a privacy-centric Bitcoin wallet, has revealed his position regarding the slow adoption of Bitcoin in El Salvador. In a recent interview, Ficsor stated that Bitcoin developers have failed El Salvador, having been unable to improve the situation of Bitcoin as a means of exchange, even with the […] Source link

This week marked a significant downturn for the non-fungible token (NFT) market, which saw sales drop by almost 16% off the back of a 17% surge in the previous week.  Per CryptoSlam, total sales hit $121.7 million, with more than 519,000 buyers and sellers actively trading. Blockchain NFT sales breakdown Blockchains by NFT sales volume | Source: CryptoSlam The Ethereum (ETH) network led the charge with $39.28 million in sales, a notable 14.48% increase from the previous week.  This surge was accompanied by a marked increase in the number of active buyers on Ethereum’s NFT space, with the number going…

Binance Labs-supported blockchain project BNB Chain announced the BNB Incubation Alliance (BIA) launch, pledging to assist early-stage blockchain projects. The alliance is a global movement that unites the top VCs, incubators, and developer groups worldwide for a 48-hour virtual event. The collaboration is focused on driving innovation and has made various resources, grants, and potential for investment available to startups.  Application Process: The BNB Incubation Alliance has partnered with various partners to organize international offline gatherings focusing on early-stage initiatives. These events are predominantly hosted by BNB Chain, Binance Labs, leading venture capitalists, and startup accelerators. Projects should be in…

Share this article The US Securities and Exchange Commission (SEC) has reduced its proposed settlement amount for Ripple from $2 billion to $102.6 million, according to a legal document dated June 14, 2024, shared by defense lawyer James Filan. #XRPCommunity #SECGov v. #Ripple #XRP @SECGov has responded to @Ripple’s letter regarding the TerraForm Labs Consent Judgment. pic.twitter.com/VvGSJffwa8 — James K. Filan 🇺🇸🇮🇪 (@FilanLaw) June 14, 2024The latest development came one day after Ripple filed a notice of supplemental authority, arguing that the SEC’s requested $2 billion penalty is unreasonable.In its filing, Ripple cited the Terraform Labs case and previous SEC…

Ripple’s chief legal officer has countered the U.S. Securities and Exchange Commission (SEC)’s allegations following the crypto firm’s proposal to limit its penalty to no more than $10 million. The legal chief highlighted that the SEC is “raging” and emphasized that, unlike the Terraform Labs case, there are no victims to compensate in Ripple’s case. […] Source link

India’s Enforcement Directorate (ED) has conducted searches that uncovered a Ponzi scheme involving cryptocurrency operations and HR Crypto Coin, leading to significant asset seizures and freezing. The coins were part of the scheme, luring people to invest with promises of a 15% annual interest rate and offering 30% direct referral income for introducing new customers. […] Source link

OkayCoin, a cryptocurrency exchange, has officially launched in South Korea. According to a June 15 press release, the move aims to cater to the growing demand for crypto staking services across the region.  The team also claims the move is in response to the increasing adoption of blockchain-based digital assets and investors’ desire for passive income. The global interest in crypto is on the rise. For the uninitiated, staking allows investors to earn rewards by participating in the network operations of certain cryptocurrencies, providing a source of passive income. This trend has seen a surge in demand for efficient staking…

Share this article The government of El Salvador has submitted a reform proposal to create a private investment bank. Notably, the proposed reform targets enabling the bank to conduct operations in Bitcoin and the US dollar, said El Salvador’s Ambassador to the US, Milena Mayorga, in a recent post. As part of our economic plan for El Salvador, we propose a BPI, Bank for Private Investment, where we can diversify the financing options offered to potential investors in Dollars and #Bitcoin. 🚀#BitcoinBank#EconomicFreedom https://t.co/3hfwVvTSeX — Milena Mayorga (@MilenaMayorga) June 14, 2024In other words, under the new law proposal, the bank can…