Author: John Smith
Cryptocurrency influencer and Token Metrics CEO Ian Balina is the latest figure to have an SEC unregistered securities sales case dropped. According to a May 1 joint stipulation filed in a Texas federal court, the U.S. Securities and Exchange Commission said it “believes the dismissal of this case is appropriate,” and asked the court to end the case without costs or fees to either side. Balina, who became a well-known figure during the 2017 ICO boom, had already hinted at the outcome last month. In a March 13 post on X, he told followers “it’s official” the SEC was dropping…
Being an up-to-date tool to work with design, Canva has found its place on the stage of graphic design. Indeed, it does not end here! If you are already an expert designer looking for more or if you are just an aspiring creative who is willing to fully utilize your creativity, here is our list of 10 sophisticated Canva alternatives for 2024 that will surely fit your needs and wants. This is reasonably versatile with a small learning curve and its extensive library of templates, and it has helped many inexperienced users dip their toes into the world of visual…
Key Takeaways Gooden argued that crypto has become a “core element” of modern finance and suggested that increasing its visibility in government buildings would support innovation and enhance accessibility for the public. The machines have become popular tools for scammers who exploit their anonymity and lack of oversight. A Texas lawmaker is calling on the federal government to install cryptocurrency ATMs in public buildings, framing the move as a step toward financial modernization amid the backdrop of increasing scrutiny for crypto kiosks. In a letter sent Thursday to the General Services Administration (GSA), Representative Lance Gooden proposed that the agency…
Sonic surged 15% and total value locked reached a new all-time high after Binance Wallet announced its integration with the Sonic blockchain. The update, which was announced on May 1, allows users to interact with Sonic’s (S) decentralized applications and send tokens straight from the Binance Wallet interface. As part of its ongoing Alpha Projects campaign, Binance also hinted at airdrop rewards for active traders who use the wallet on Sonic. #SonicChain is now supported on #Binance Wallet !Discover and Trade the latest Alpha tokens on this chain 🌐🔸Exclusive $S and Sonic Chain ecosystem asset airdrops are coming for active…
Since its launch in June 2018, TRON has achieved a significant milestone by surpassing 10 billion total transactions. As per a May 1 analysis by CryptoQuant contributor Maartun, the network currently handles approximately 8.4 million transactions every day. Although activity peaked during the 2021 and 2023 bull runs, TRON’s (TRX) daily usage has been increasing steadily. Maartun stressed that this level of on-chain traffic is often overlooked but remains a strong bullish signal. Milestone: TRON just crossed 10.0 B Total transactions!“Daily transaction count is around ~8.4 million. This is among the highest in the space. Activity has picked up during…
Sui is set to integrate sBTC and support the Stacks network, positioning Sui as a leading hub for institutional-grade Bitcoin decentralized finance. In a May 1 blog post, the Sui Foundation announced that it will integrate sBTC and support the Stacks (STX) network, expanding its Bitcoin (BTC) DeFi capabilities. sBTC is a Bitcoin-backed asset developed by Stacks, a Bitcoin layer-2, and allows users to use their BTC in DeFi without relying on centralized custodians. As part of the integration, Sui (SUI) will also operate a validator on the Stacks network. The goal is to unlock DeFi opportunities like lending, borrowing,…
Once one of the cheapest nations to mine Bitcoin in, Kuwait has cracked down on the practice, citing rising electricity demands amid an escalating energy crisis. Crypto miners are once again facing regulatory pressure due to their energy use. On Thursday, May 1, Kuwait initiated a crackdown on crypto mining sites, accusing them of being a major strain on the nation’s electric grid. According to the country’s interior ministry, the country started a widespread operation targeting homes that engaged in crypto mining. Local media reported that the sweep resulted in investigations of over 60 individuals suspected of engaging in crypto…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Amid market dips, investors turn to Lightchain AI, a resilient $0.007 presale token with $19.6m raised and real utility. The cryptocurrency market is currently experiencing a downturn, with significant price drops across major assets. While headlines focus on panic selling, experienced investors are shifting their focus to projects with solid fundamentals and practical use cases. One standout project is Lightchain AI (LCAI), now in its presale phase at $0.007, with an impressive $19.6 million already raised. In contrast to…
U.S. stocks climbed on Thursday, led by the Nasdaq, as upbeat earnings from Microsoft and Meta reassured investors who were wary of the economic impact of President Trump’s escalating trade war with China. The Nasdaq Composite index closed near session lows but was still up 1.52% on the day, bolstered by a 7.6% gain in Microsoft shares and a 4.2% rise in Meta. Both companies posted stronger-than-expected quarterly profits late Wednesday, alleviating concerns that tariffs and global uncertainty could drag down Big Tech’s AI, cloud, and ad revenues. The S&P 500 also gave up a lot of gains but still…
Bitcoin has surged on the back of a textbook short squeeze, but now finds itself at a decisive resistance zone. Will it break out or roll over? Bitcoin’s (BTC) recent price action has caught many off guard, with a powerful bounce emerging from heavily oversold conditions. This rebound appears largely driven by a short squeeze, a phenomenon where overly bearish sentiment leads to a rapid price increase as short positions get liquidated. But now, BTC is trading in a technically sensitive area that could determine whether this bounce has more legs or if a reversal is imminent. Key technical points…