Author: John Smith

Binance’s Australian arm comes under fire from Australian regulators that accuse the crypto exchange of falsely categorizing local clients as wholesale clients, exposing them to risky crypto assets. According to a press release published on Dec. 18, the Australian Securities and Investments Commission accused Binance Australia Derivatives of misclassifying more than 500 retail clients as “wholesale clients.” As a result, the exchange did not provide the necessary consumer protection for these clients who were exposed to high-risk crypto assets. According to the Australian financial services laws, firms are required to provide retail clients with a product disclosure statement and give…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Solana eyes new highs, Ripple climbs 130%, but DTX Exchange steals the spotlight with 440% ROI and 30x potential gains. While Solana (SOL) aims for a possible new all-time high before Christmas and Ripple (XRP) records a rapid 130% monthly climb, a new player — DTX Exchange (DTX) — is quietly creating waves with a booming presale and bullish predictions of 30x returns in the current bull run.  Already yielding 440% ROIs within a few months in the ongoing…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Crypto expert predicts Fantom and IntelMarkets could surpass AAVE, surging up to 150% this December. As AAVE has been performing impressively for quite some time now, its ability to achieve further gains was questioned. A top-rated crypto expert has predicted two altcoins that could replace it. He predicted that Fantom (FTM) and IntelMarkets (INTL) would surpass AAVE and surge up to 150% this December. Read on to find out how they compare and why IntelMarkets is the more promising…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Amid the crypto upswing, XYZVerse unites sports fans in a dynamic ecosystem, set to lead the next market wave. As the cryptocurrency market experiences a remarkable upswing, several digital assets are capturing widespread attention. Established tokens are breaking new ground, while unique newcomers are making their mark. Enthusiasts and analysts are abuzz with speculation about which cryptocurrencies will lead the charge in the rapidly evolving landscape.  Among these emerging tokens is XYZVerse (XYZ), a leading meme coin that unites…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Ethereum nears $5,000, the spotlight shifts to Catzilla, a meme coin with 12,000% growth potential and bold presale gains. As Ethereum approaches the $5,000 mark, all eyes are on its upward momentum, but the spotlight is quickly shifting to a surprising new player in the meme coin market. Catzilla, a fresh and ambitious contender, is generating excitement with its audacious 12,000% growth potential. In a market where innovation meets speculation, this feline-themed token might just redefine what investors…

Hong Kong presents a stablecoin bill to solidify its digital asset regulatory framework. At a legislative council meeting on Dec. 18, Christopher Hui, Hong Kong’s Secretary for Financial Services and the Treasury, presented a stablecoin bill in its second reading. In light of fiat stablecoin issuers’ increasing significance in the financial sector, the law aims to provide a legal framework for them. The suggested regulation requires stablecoin issuers to have reserves equivalent to the value of circulating stablecoins, made out of liquid, high-quality assets. The right to redeem stablecoins at face value without exorbitant fees or delays would also be…

Crypto.com has withdrawn its lawsuit against the U.S. Securities and Exchange Commission, which contested the agency’s jurisdiction over specific digital assets. This decision comes after a meeting between Crypto.com CEO Kris Marszalek and President-elect Donald Trump at Mar-a-Lago on Dec. 16. The two discussed crypto-friendly policies, including Trump’s proposed national Bitcoin reserve. The lawsuit, initiated in October 2024, sought to prevent the SEC from expanding its authority beyond statutory limits.  Wells Notice response Crypto.com filed the suit after receiving a Wells Notice from the SEC, indicating potential enforcement action for alleged securities violations. Marszalek responded by emphasizing the need for…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. After PNUT’s 1,800% surge and PENGU’s 500% rise, analysts predict CATZILLA’s 5,000% rally driven by viral hype and rewards. After PNUT’s astonishing 1,800% surge and PENGU’s impressive 500% explosion, the crypto world is abuzz with talk of the next big contender: CATZILLA. Analysts are now spotlighting this meme coin, forecasting a staggering 5,000% rally fueled by its unique blend of viral storytelling, strategic gameplay, and early investor rewards. Could CATZILLA emerge as the breakout star of the meme coin…

Pepe coin price dropped for three consecutive days, invalidating a previously bullish pattern and forming another bearish one. Pepe (PEPE), the third-largest meme coin globally, fell to a low of $0.00002117, marking its lowest level since December 6. This decline coincided with broader cryptocurrency market losses. Bitcoin (BTC) fell to $104,400, retreating from its record high of $108,000. The total market cap of all cryptocurrencies dropped by 5% to $3.82 trillion. Pepe plunged in a high-volume environment. According to CoinGecko, its 24-hour volume was $2.2 billion, much higher than Shiba Inu’s (SHIB) $725 million.  The ongoing crypto sell-off is happening…

The Hong Kong Securities and Futures Commission has granted conditional licenses to four virtual asset trading platforms.  The platforms — Accumulus GBA Technology, DFX Labs, Hong Kong Digital Asset EX, and Thousand Whales Technology — must meet specific regulatory conditions before fully operating, according to the SFC. The licenses follow the SFC’s risk-based inspections introduced in June. These inspections are designed to evaluate compliance with Hong Kong’s virtual asset regulations, aiming to protect investors while fostering growth in the crypto sector. To proceed, the licensed exchanges must complete third-party vulnerability assessments and penetration tests. These tests identify and address potential…