Justin Sun Suggests Significant Ethereum Selloff Amid ETF Outflow
Tron DAO founder Justin Sun transferred a significant portion of his ETH reserve from Lido to Poloniex, sparking Ethereum selloff rumors. Justin Sun, the founder of Tron DAO, has hinted at a major Ethereum (ETH) selloff following a series of transactions that have garnered significant attention. Sun unstaked a sizable portion of his staked Ethereum reserve. Moreover, he transferred a portion […]
Former Fed Roger Ferguson Predicts First US Interest Rate Cut
Former Federal Reserve Vice Chair Roger Ferguson has pointed to the first US Fed rate cut in September, noting improved market positives as inflation numbers fall. Former Federal Reserve Vice Chair Roger W. Ferguson predicts US Fed rate cuts in September, as market expectations rise. Investors have hinted at a similar date in response to slowing […]
Biden Pushes SC Reform To Overturn Trump’s Immunity Ruling
After withdrawing from the presidential election, Joe Biden unveiled a Supreme Court reform that overturns the July 2 immunity ruling. On Monday, July 29, US President Joe Biden announced a detailed three-pronged proposal to change the Supreme Court. This action establishes a significant policy focus for the remaining months of his presidency. Moreover, the reform […]
BlackRock Faces Crypto Scams After Ethereum ETF Launch
Blackrock advises investors to be cautious when investing in crypto, citing the recent Spot Ethereum ETF approval and a rise in crypto investment schemes. The world’s largest asset manager has issued a stern warning regarding an increase in crypto investment-related schemes in the wake of BlackRock’s recent Spot Ethereum ETF launch on July 23. The company, […]
Hacker Sentenced to 3.5 Years for $900K Coinbase Scam: Report
UK hacker faces prison for his Coinbase dummy website scam, an El Paso man’s crypto “Ponzi” fueled his lavish lifestyle, and Washington DFI flags the latest crypto fraud. A computer hacker from the United Kingdom has been sentenced to three and a half years in prison for his involvement in the scheme, which involved the compromise […]