SEC charges 11 people for $300 million cryptocurrency “pyramid scheme”
The Forsage founders and promoters are being sued by the SEC for allegedly supporting a $300 million “textbook pyramid and Ponzi scheme.” 11 people have been prosecuted by the Securities and Exchange Commission (SEC) for allegedly helping to establish the “fraudulent crypto pyramid scheme” platform Forsage. The SEC accused the platform’s creators and promoters of […]
Tether supply begins to rise after three-month drop
The Tether printers have been restarted in response to an increase in the amount of USDT that is currently in circulation. Tether (USDT), the biggest stablecoin in the world, has increased its supply in circulation after almost three months of decreases, which could be a hint that the cryptocurrency markets are beginning to slowly rebound. […]
Bitcoin network activity drop indicates prolonged bear market: Glassnode
Despite the recent significant 15% rebound in Bitcoin prices, measurements indicate that additional network demand would be required to support future price gains. According to Glassnode, for Bitcoin (BTC) to continue its current price rebound, there must be more demand and network fees invested, as numerous on-chain measures are still in a hostile area. In […]
Impact of play-to-earn games on blockchain adoption
Play-to-earn games offers players the opportunity to earn NFTs and cryptocurrency while having fun by playing the games. Given how popular the blockchain has become in the cryptocurrency world, It was only a matter of time until games jumped on the blockchain bandwagon and certainly, the number of blockchain or play-to-earn games is starting to […]
List of best web3 crypto projects to invest in
The rise of Web3 crypto is inevitable given the growing number of people who support these ideas and they have become profitable investments as a result of the increased support. To have a deeper understanding of what web3 crypt o is, let’s take a quick look at where the Web started and how it has […]