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Alchemy Pay Reveals Plans for Launching a Layer 1 Blockchain to Meet Business Demand

Alchemy Pay Reveals Plans for Launching a Layer 1 Blockchain to Meet Business Demand

Alchemy Pay, a renowned provider of cryptocurrency payment solutions, has announced its ambitious plan to launch a Layer 1 blockchain called Alchemy Chain. This groundbreaking move aims to support the “growing needs” of its business operations and provide an efficient, scalable infrastructure for large-scale applications. The announcement sheds light on

"SEC Charges a Private Individual for Launching a Memecoin: A Historic First"

"SEC Charges a Private Individual for Launching a Memecoin: A Historic First"

In an unprecedented move, the U.S. Securities and Exchange Commission (SEC) has brought charges against an individual for launching a memecoin. This groundbreaking case involves a cryptocurrency known as Saitama Inu, which was created in 2021 by Vietnamese national Vai Pham, who is better known in crypto circles by

Project by Trump’s Sons Launches User Verification: An Insight into World Liberty Financial's KYC Procedure and Community Reactions

Project by Trump’s Sons Launches User Verification: An Insight into World Liberty Financial's KYC Procedure and Community Reactions

In mid-September 2024, former President Donald Trump unveiled a new venture called World Liberty Financial, a project that has garnered attention not only for its political ties but also for its ambitious goals in the blockchain space. Developed in collaboration with his sons, this project aims to create a landing

British Scammer Steals Over $650,000 from Nearly 250 Crypto Investors with Deceptive Schemes

British Scammer Steals Over $650,000 from Nearly 250 Crypto Investors with Deceptive Schemes

In a startling revelation from crypto analyst ZachXBT, a British scammer operating under the alias "Ape 31" has defrauded approximately 250 cryptocurrency investors out of more than $650,000 over the past year. The fraudulent activities took place primarily on the social media platform X (formerly known as Twitter), where

Solana-Meme Coin Bonk Plans to Launch Asset-Based ETP: Insights from Solana Breakpoint 2024 in Singapore

Solana-Meme Coin Bonk Plans to Launch Asset-Based ETP: Insights from Solana Breakpoint 2024 in Singapore

The Solana Breakpoint 2024 event held in Singapore from September 20 to 21 brought exciting news from the team behind the popular meme coin Bonk (BONK). Developers announced their intention to launch an Exchange-Traded Product (ETP) based on the Bonk token, marking a significant milestone for the project and the

Tether, TRON DAO, and TRM Labs Join Forces to Combat Illegal Activities with USDT on the TRON Blockchain

Tether, TRON DAO, and TRM Labs Join Forces to Combat Illegal Activities with USDT on the TRON Blockchain

In a significant move aimed at promoting security and transparency in the cryptocurrency space, Tether, TRON DAO, and TRM Labs have announced the launch of a new initiative—the T3 Financial Crime Unit. This partnership seeks to combat illegal activities involving the USDT stablecoin on the TRON blockchain, where half

"Ethereum Reserves on Exchanges Hit 2016 Lows: A Reflection of DeFi’s Rise and the Great Crypto Exodus"

"Ethereum Reserves on Exchanges Hit 2016 Lows: A Reflection of DeFi’s Rise and the Great Crypto Exodus"

In the intricate world of cryptocurrency, just like in The Americans, the quiet movements often speak the loudest. In recent times, the reserves of Ethereum held on centralized cryptocurrency exchanges have dropped to levels not seen since 2016. This shift, which echoes both market volatility and strategic decentralization, suggests a

Major Cryptocurrency Exchanges Return 3,000 BTC Valued at $172 Million to German Government

Major Cryptocurrency Exchanges Return 3,000 BTC Valued at $172 Million to German Government

In a significant financial move, the German government recently received 3,000 bitcoins (BTC) from major cryptocurrency exchanges. This transaction was facilitated by well-known platforms such as Kraken, Coinbase, and Bitstamp, according to a report by Arkham Intelligence. At the time of the transaction, these assets were valued at approximately

SEC Files Lawsuit Against Silvergate Bank for Alleged Reporting Violations and Mismanagement

SEC Files Lawsuit Against Silvergate Bank for Alleged Reporting Violations and Mismanagement

The United States Securities and Exchange Commission (SEC) has initiated legal action against Silvergate Bank and several of its top executives. This move stems from accusations that the bank failed to comply with certain regulatory requirements, including reporting obligations, internal accounting controls, and the proper maintenance of financial records. The

Uzbekistan Regulator Refutes Rumors of Hamster Kombat Game Ban

Uzbekistan Regulator Refutes Rumors of Hamster Kombat Game Ban

The National Agency for Perspective Projects of Uzbekistan (NAPP) has issued a statement to clarify and refute rumors about the alleged ban of the Hamster Kombat game in the country. The regulator explained the legal status of the game and warned of potential risks associated with the future withdrawal of