FIVE Financial News

18.09 / 05:49

Blockchain FIVE Action CoinMarketCap recovery Cardano: With the Vasil hardfork just days away, ADA shows no signs of recovery

Cardano [ADA], in its newly published weekly development updates, saw some ecosystem growth between 9 to 16 September. According to the report, 98 projects launched on the blockchain within the period under review. This represented a 4% uptick from the 94 projects launched on the network the week before.

17.09 / 01:39

FIVE BLOCK Tether ZEC Hark, ZEC bulls, here’s why a move toward $66 could soon materialize

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice.

16.09 / 19:11

FIVE Action LME LME faces legal action from AQR, Capstone over $4bn in wiped nickel trades

The London Metal Exchange is facing fresh legal action from five trading firms including AQR Capital and Capstone Investment over its handling of the March nickel crisis.

16.09 / 16:55

Ethereum ETH FIVE Should ETC traders tighten their fists after Merge >$20M liquidations

After a successful Ethereum [ETH] Merge, Ethereum Classic [ETC] traders continued in their quest to profit from the market. However, it seemed that the outcome had been disastrous after there was over $880 million liquidated in less than five hours.

15.09 / 12:41

Blockchain Provident FIVE Bitcoin This country is leading in ‘Global Cryptocurrency Adoption Index’

Emerging markets are leading the cryptocurrency adoption index globally, says a Chainalysisreport. It adds that lower-middle income countries hold a majority of the positions in the top 20 countries in terms of crypto adoption.

15.09 / 11:35

FIVE HANS Terra South Korean Authorities to Void Do Kwon’s Passport and Expedite Deportation

South Korean prosecutors have intensified their efforts to capture Do Kwon, the co-founder and CEO of Terraform Labs – with the Ministry of Foreign Affairs ready to step in to void his passport.

14.09 / 19:29

FIVE Terraform Labs Terra Co-Founder Do Kwon Faces Arrest Warrant in South Korea

As reported by Bloomberg, Do Kwon, Terra's co-founder, and five others have been served an arrest warrant following UST's crash in May of 2022. According to a text message from the prosecutor's office in Seoul, the arrest is based on allegations that include violations of the nation’s capital markets law. Neither Do Kwon nor South Korea’s Supreme Prosecutors’ Office has issued a statement at the time of writing. Following the news, LUNA's price has decreased by 45% to $2.40. Additionally, the market cap has fallen 42% to $413.2 million.

14.09 / 19:21

FIVE Cooper HANS Terraform Labs Is South Korea getting ready to arrest Do Kwon- Decoding details

Due to the South Korean government’s request for his arrest, Do Kwon, the founder of Terraform Labs, is in grave danger. The cryptocurrency market lost $40 billion as a result of Terra’s stablecoin USTC and Terra Classic LUNC collapsing.

14.09 / 17:43

ETH FIVE Juniper Doodles NFT holders would be happiest to know this latest development

NFT creator Doodles hasraised $54 in a funding round led by Seven Seven Six, with a valuation of $704. The fund will be used to fund product development and build a team.

14.09 / 14:16

FIVE Man Terra Luna Arrest warrant issued for Do Kwon, the man allegedly behind the $45 billion Terra Luna collapse

An arrest warrant for Do Kwon, the co-founder of the defunct stablecoin issuer Terraform Labs, which was responsible for many losing their life savings after investing in crypto, has been issued by a South Korean court.

14.09 / 13:11

Lowe's FIVE Platform Seoul Court Issues Arrest Warrant for Do Kwon and 5 Others

Do Kwon, the founder of the bankrupt Terraform Labs crypto ecosystem, has been issued an arrest warrant from a court in South Korea.

14.09 / 12:31

Lowe's FIVE South Korea issues arrest warrant for Terra Founder Do Kwon

While the LUNC community rejoices because of a potential comeback for the Terra Luna Classic (LUNC) token, the founder of the Terraform Labs, Do Kwon, is now facing a warrant of arrest from South Korean authorities.

13.09 / 15:19

FIVE Binance Digital Cooper Abu Dhabi regulator introduces its ‘guiding principles’ for crypto

The Financial Services Regulatory Authority (FSRA), the financial regulator of Abu Dhabi Global Market free economic zone (ADGM), published its “Guiding Principles” on its approach to digital asset regulation and supervision.

13.09 / 14:17

Blockchain FIVE Platform Pool Asset Tokenization Asset Tokenization to Expand into $16.1M Business Opportunity by 2030: BCG, ADDX Report

Asset tokenization will expand into a US$16.1 million business opportunity by 2030, according to a joint report published by BCG and ADDX.

13.09 / 06:45

FIVE CoinMarketCap Bitcoin What Bitcoin Cash [BCH] investors should be prepared for this month

Registering an 8% price uptick in the last seven days, Bitcoin Cash’s [BCH] significant positive correlation with Bitcoin [BTC] might have been the factor responsible for the asset’s failure to log double-digit gains in the last week.

13.09 / 02:09

Blockchain UPS FIVE committee Abu Dhabi establishes crypto committee

The Abu Dhabi Blockchain and Virtual Assets Committee (ADBVAC) held its inaugural meeting in late August, chaired by Mohamed Ali Al Shorafa, chairman of the Abu Dhabi Department of Economic Development and chairman of the Securities and Commodities Authority (SCA).

12.09 / 18:25

Blockchain FIVE BLOCK Bitcoin While the banks were closed, Bitcoin reached 5,000 days online

The world's largest cryptocurrency reached a milestone on Monday, Sept. 12 — Bitcoin (BTC) celebrated 5,000 days of uptime. The network has functioned almost without a hiccup for 13.69 years.

12.09 / 16:57

FIVE Man Maxim Platform Florida Crypto Scam Trader of EmpiresX Pleads Guilty of Defrauding Investors of $100m

A Florida man has pleaded guilty to conspiracy to commit securities fraud with a crypto Ponzi scheme that defrauded investors of about USD 100m.

12.09 / 16:47

FIVE A massive crypto event is coming — five things to know about ‘The Merge’

The crypto industry will be closely watching ethereum’s “Merge,” a highly anticipated upgrade that is expected to happen in September. If successful, the upgrade is anticipated to lower the blockchain’s carbon footprint, reduce ether supply and potentially have a profound impact on the whole crypto ecosystem.

12.09 / 14:27

FIVE Action MATIC holders at crossroads can refer to these metrics for clarity

Polygon’s native cryptocurrency MATIC has done a good job of retaining most of its gains since it pivoted in June. Its price latest action introduces a degree of uncertainty especially now that it has been trading along an ascending support line.

11.09 / 22:37

FIVE litecoin LTC Litecoin [LTC]: The when and how of traders capitalizing on this opportunity

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice

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