SEC hits Jump Trading with $123m fine over TerraUSD scandal and Luna misconduct

The SEC fined Tai Mo Shan Limited, a wholly owned subsidiary of Jump Crypto Holdings, $123 million for misleading investors about the stability of Terra USD, an alleged “algorithmic stablecoin” issued by Terraform Labs PTE Ltd. (Terraform). Tai Mo Shan is further charged with trading securities in unregistered transactions. The SEC established that the firm…

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10,900 Backers Trust Qubetics Wallet with 363M Tokens Sold as Avalanche Eyes $250M Rally and Terra Classic Teases Testnet

December 21, 2024 at 10:15 AM GST updated: December 20, 2024 at 10:16 PM 4 mins read Press Release The crypto market is buzzing with news as December heats up. Avalanche (AVAX) is grabbing attention with its massive $250 million token sale, potentially setting the stage for a price rally of over 1,000%. Meanwhile, Terra…

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Binance Alpha Prepares Fourth Token Batch for Pre-Listing

Binance Alpha announces a fourth batch of tokens, including BANANA, KOGE, and PSTAKE. New platform offers early exposure to high-potential tokens before Binance listings. Binance Alpha introduces ‘Quick Buy’ and improved Swap features for better user experience. Binance Alpha has announced its fourth batch of tokens. The pre-selected pool includes projects like BANANA, KOGE, BOB,…

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Best Cryptos to Watch Now

The cryptocurrency market continues to showcase a dynamic mix of innovation, momentum shifts, and recovery narratives. Qubetics spearheads blockchain interoperability with its Web3-aggregated chain, TRON is poised for a potential rebound after a recent pullback, and Render navigates a path forward following a significant price drop. These projects highlight why they are some of the…

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Will SHIB Price Crash to 0?

Shiba Inu (SHIB), one of the most popular meme coins in the crypto world, recently faced a big drop in its value. After reaching its range high, SHIB’s price tumbled by 40%, leaving investors surprised and worried. What caused this sudden crash? Is it just a temporary dip, or could it be a sign of…

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Cardano Enters ‘Opportunity Zone’ as MVRV Ratio Signals Potential Bottom

Cardano price drops 7% as MVRV ratio hits -15% Historical opportunity zone between -13% and -26% suggests reversal potential Critical $0.87 support level key for maintaining bullish outlook As Cardano experiences a 7% price decline, technical indicators suggest this pullback might present an opportune moment for investors. The convergence of several key metrics indicates the…

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