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Showing posts from September 29, 2024

Dutch Regulator Warns of Crypto Pump-and-Dump, New Regulation to Ban These Schemes

The Dutch Authority for the Financial Markets (AFM) has issued a warning about the dangers of pump-and-dump schemes in the cryptocurrency space, as new regulations prepare to target this market manipulation tactic. The upcoming Markets in Crypto-Assets Regulation (MiCAR), effective from Dec. 30 will ban these practices. AFM Sounds Alarm on Crypto Pump-and-Dump Schemes The […]

Coinbase Sees Strong Q4 for Bitcoin, Fueled by US Rate Cuts, China Stimulus

Coinbase Institutional’s report highlights optimism for the crypto market, driven by expectations of U.S. rate cuts and China’s monetary stimulus, which could boost bitcoin’s performance in Q4 2024. While bitcoin remains strong, ethereum faces challenges with rising transaction fees and limited impact from U.S. spot exchange-traded funds (ETFs). Coinbase: ‘We Anticipate a Constructive Q4 2024’ […]

Lawyer Expects SEC to Challenge XRP Ruling as Appeal Deadline Approaches

A former lawyer with the U.S. Securities and Exchange Commission (SEC) anticipates the agency will challenge Judge Analisa Torres’ decision regarding XRP in the Ripple lawsuit. The SEC views the ruling as flawed and is likely to submit an appeal before the approaching Oct. 7 deadline. Ripple XRP Case: SEC Expected to Appeal Judge’s Ruling […]

Bedrock Bolsters Security Post-$2 Million Hack, Partners With Chainlink

On Sept. 27, Bedrock, a liquidity staking platform, experienced a security breach affecting $2 million in liquidity. Bedrock said it has taken steps to address the incident, including integrating with Chainlink for proof of reserves and implementing additional security measures. Exploiter Addresses Identified Bedrock, a liquidity staking platform, confirmed a security incident on Sept. 27 […]
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