New York Attorney General Reaches $2 Billion Settlement with Genesis Global
CryptoPotato
by Wayne Jones
2h ago
On Monday, New York Attorney General Letitia James announced that her office has secured a $2 billion settlement with the bankrupt cryptocurrency firm Genesis Global. This agreement comes in response to allegations that Genesis defrauded investors, including tens of thousands of New Yorkers. $2 Billion Settlement In a post on social media platform X, AG James revealed that this is the largest settlement against a crypto company in New York history. It aims to compensate investors who were allegedly misled and defrauded by Genesis. My office secured $2 billion from crypto platform @GenesisTrad ..read more
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DeFi Retik Finance (RETIK) Now Listed on Uniswap and Multiple Centralized Exchanges
CryptoPotato
by Chainwire
3h ago
[PRESS RELEASE – Kingstown, Saint Vincent and the Grenadines, May 21st, 2024] Decentralized Finance (DeFi) has emerged as one of the most transformative and disruptive forces in the world of finance, offering a decentralized alternative to traditional financial systems. At the forefront of this revolution is Retik Finance (RETIK), a pioneering DeFi project recognized for its innovative solutions and commitment to democratizing access to financial services. Now, Retik Finance has reached a significant milestone in its journey, as it is officially listed on multiple centralized exchanges. R ..read more
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There Are Hidden Giants Investing In The Bitcoin ETFs: Bitwise
CryptoPotato
by Andrew Throuvalas
6h ago
Bitwise executives have secret information about massive financial players who are investing in BTC – but they won’t specify which ones. During an interview published on Tuesday, Bitwise CEO Hunter Horsley discussed how institutional and regulatory acceptance of Bitcoin as an investable asset is evolving faster behind the scenes than most realize. The Secret Bitcoin Buyers For one, Horsley confirmed what he’d hinted at in a previous tweet: that a certain nation’s sovereign wealth fund has already broken into Bitcoin mining. “A remarkable component of the moment is that there are so many import ..read more
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Multipool Partners with BSO Enabling Ultra-fast Low Latency Trading
CryptoPotato
by Chainwire
7h ago
[PRESS RELEASE – Majuro, Marshall Islands, May 21st, 2024] Multipool, a leading innovator in the blockchain and cryptocurrency industry, announces corporate partnership with industry-leading global connectivity provider BSO, enabling ultra-fast low latency trading on Multipool. The combined tech offers users a comprehensive suite of fully decentralized trading tools delivering the best DEX price execution in the industry. Fully utilizing BSO’s cutting-edge technology and direct access to financial market data centers, Multipool will offer the following features to users trading on the platform ..read more
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Axelar Adds Interoperability to Rollkit, Delivering Interconnectivity for Thousands of Blockchains Built With Celestia Underneath
CryptoPotato
by Chainwire
7h ago
[PRESS RELEASE – New York, USA, May 21st, 2024] Axelar Interchain Amplifier’s Integration With Rollkit Streamlines the Creation of Interoperable Rollups, Making it as Simple as Developing any Smart Contract The Axelar Foundation today announced an integration with Celestia Labs that will make multichain interoperability easy for sovereign blockchains built with Celestia’s Rollkit, the first sovereign rollup framework. This integration will advance the modular thesis, simplifying multichain development for thousands of new blockchains. Celestia is the first modular blockchain network, envisioni ..read more
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Bitcoin Price to Soar as Japan’s Economy Worsens: BitMEX’s Arthur Hayes
CryptoPotato
by Chayanika Deka
8h ago
The weakening Japanese yen could potentially lead to actions that drive up the price of bitcoin and other cryptocurrencies, according to former BitMEX CEO Arthur Hayes. His central argument revolves around the fact the Japanese yen has been rapidly weakening against the US dollar due to the large interest rate differential between the two currencies. This hurts Japan’s export competitiveness against China. China may threaten to devalue the yuan if Japan doesn’t strengthen the yen, as a weaker yen makes Japanese exports more competitive against Chinese exports. To avoid a yuan devaluation that ..read more
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Dogecoin Price Up 8% as Excitement Builds for Dogeverse IEO
CryptoPotato
by Felix Mollen
10h ago
Meme coin mania is back in full force after Dogecoin (DOGE) experienced an 8% price pump in the past 24 hours. Other leading coins, such as Shiba Inu (SHIB) and Pepe (PEPE), are also soaring as trading volumes pick up. However, one project that has traders particularly excited is Dogeverse (DOGEVERSE) – which is now preparing for its highly anticipated IEO. DOGE Surges 8% & Breaks Key Technical Levels What a day it has been for Dogecoin investors. DOGE is hovering around $0.163, representing an 8% pump in the past 24 hours. This rally has taken DOGE to its highest price since May 6. The c ..read more
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Peter Schiff Doing Peter Schiff Things: Explains How Ethereum ETFs Will Be Bad for Bitcoin
CryptoPotato
by Jordan Lyanchev
11h ago
The popular gold bug continues with his barrage against bitcoin, but his latest warning came amid times of price resurgence as the cryptocurrency skyrocketed above $70,000. Schiff actually thinks that a lot of bad news will hit BTC if the US Securities and Exchange Commission indeed greenlights spot Ethereum ETFs. Schiff Goes After Bitcoin Again Spot ETFs became the main news in the cryptocurrency industry this year after the US SEC approved almost a dozen such BTC products in mid-January after a decade of rejecting or delaying all applications. Other countries and special territories like Hon ..read more
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BNB Chain Launches Trading Volume Incentive Program, Offering Up To US $250K
CryptoPotato
by Chainwire
11h ago
[PRESS RELEASE – Dubai, UAE, May 21st, 2024] BNB Chain, the community-driven blockchain ecosystem that includes the world’s largest smart contract blockchain, today announced the launch of its Trading Volume Incentive Program for traders and projects building on opBNB and BNB Smart Chain (BSC). The program is divided into two parts, each with its own eligibility criteria and rewards. Part I is the Trading Volume Challenge, open to opBNB and BSC projects looking to boost their trading volumes and potentially earn lucrative rewards of up to $200,000. Interested users can apply here. Part II is t ..read more
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COTI V2 Developer Network Goes Live, Unveils Privacy-Centric Possibilities
CryptoPotato
by Mandy Williams
11h ago
Web3 infrastructure development firm COTI has unveiled a developer network ahead of its upcoming launch of the privacy-centric Ethereum-based layer-2 network COTI V2. According to a press release sent to CryptoPotato, the COTI V2 developer network has gone live, introducing a novel layer of confidentiality and advanced garbled protocols to the blockchain. COTI V2 Devnet Goes Live The developer network will enable market participants to explore several web3 use cases, including confidential decentralized finance (DeFi), on-chain sensitive data management, confidential machine learning and artif ..read more
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