Insider trading allegations surface as TRUMP memecoin flood Solana DEXs
Suspicious trading activity emerge around Trump’s memecoin as its market cap soars to $42 billion.
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Cosmos Interchain Foundation budgets $26M for ecosystem development in 2024
The amount allocated is down from a budget of $40 million in 2023. Swiss-based Interchain Foundation (ICF), the core developer behind cross-chain communications protocol Cosmos, will allocate $26.4 million for maintaining the said ecosystem next year.According to a December 13 announcement seen by Cointelegraph, the ICF 2024 roadmap "prioritizes funding for the Interchain Stack's optimal

Record Ethereum Network Use and Gas Fees Pose Risk to DeFi Expansion
The number of Ethereum network transactions more than doubled in 2020 and is now virtually identical to the January 2018 all-time high. As shown on the chart below, the number of transactions doubled in the past six months to stand at 1.23 million per day. Ethereum 7-day average daily transactions. Source: CoinMetricsThis situation might seem very bullish…

Nexo back in the United States as Trump Jr. attends exclusive event
Nexo returns to the US as Donald Trump Jr. backs the crypto services platform and new SEC leadership signals a friendlier regulatory stance. Cryptocurrency services platform Nexo announced that it is reentering the US market after facing previous regulatory challenges. According to an April 28 announcement, Nexo’s reentry event featured Donald Trump Jr., who said

Japan’s 2nd-Largest Utility Trials Blockchain for Renewable Energy Credits
The second-largest power utility in Japan is extending its trial of a blockchain-powered system for transacting renewable energy credits.According to a press release shared with Cointelegraph on Dec. 9, the Kansai Electric Power Co Inc (KEPCO) is extending its trial of a blockchain-enabled renewable energy trading platform developed by Australian tech firm Power Ledger.Decentralizing, decarbonizingIn…

Russia to decide between blanket crypto ban and legalizing exchanges in 2022
The world's biggest country will reach a crossroads on crypto regulation as it enters 2022. 571 Total views 36 Total shares On Thursday, conflicting reports emerged in Russia on the state of crypto regulatory affairs. First, a report by Reuters indicated that the Central Bank of Russia is seeking a ban on cryptocurrencies, citing risks…

Judge rules LBRY video platform’s token is a security in case brought by the US SEC
The court was unmoved by LBRY’s objections that the regulator’s claims were unfounded and it was not given the chance to operate in compliance with SEC requirements. 701 Total views 60 Total shares A United States District Court ruled in favor of the Securities and Exchange Commission (SEC) Nov. 7 in its case against blockchain-based…

Evidence in SEC suit includes 2022 testimony of Binance.US’ long silent ex-CEO
Catherine Coley left social media and the CEO job, but the SEC brought her in to testify the following year. Former Binance.US CEO Catherine Coley, who is transparently known as “BAM CEO A” in the suit against Binance filed by the United States Securities and Exchange Commission (SEC) on June 5, has kept a low…

How Peter McCormack is turning an unknown town into a Bitcoin hub
Can a football team backed by Bitcoin (BTC) really raise up a town? In the latest Cointelegraph documentary, reporter Joe Hall investigates the impact of a Bitcoin football club, Real Bedford, on the small commuter town of Bedford in the United Kingdom.Peter McCormack, the renowned host of the What Bitcoin Did podcast, bought Real Bedford Football…