Gekocrypto Crypto News

DraftKings NFT Lawsuit Dismissal Fails Robert Kiyosaki Discloses Bitcoin Holdings — Plans to Buy More BTC at Any Price Bitnance (BTN) Breaking Ice, New BEP-20 Token Presale Tops $17.5K Crypto Needs to Radically Rethink Token Distribution LITECOIN PRICE ANALYSIS & PREDICTION (August 9) – LTC Pauses Buying at $62, Can It Sustain Pressure Above This Level? BasedVC raises $2M in a seed funding round as official investment partners to Neo Tokyo, Kongz Capital, and more Trader Says Top-10 Altcoin To Have a Strong Run in the Fourth Quarter, Updates Outlook on Celestia and Render Top Microsoft Engineer Predicts Blockchain Vertical Upscale: Which Industries Might Lead the Charge? This Week in Crypto Games: ‘Hamster Kombat’ Players Get Crafty as Pre-Market Trading Expands South Korean exchanges to step up monitoring as global fraud, exploits surge

GG

DraftKings NFT Lawsuit Dismissal Fails

By Mark Hunter 1 month agoThu Jul 04 2024 07:45:56 Reading Time: 2 minutes A US judge has denied DraftKings’ motion to dismiss a class action lawsuit involving its NFTs The lawsuit claims DraftKings’ NFTs are investment contracts and could be securities Judge Denise Casper ruled that the NFTs could constitute a security A US federal judge in Massachusetts has ruled against DraftKings’ attempt to dismiss a class action lawsuit initiated by purchasers of its non-fungible tokens ( NFTs ). The lawsuit contends that these NFTs are investment contracts, potentially classifying them as securities under US law. The case was...

04.07.2024

Robert Kiyosaki Discloses Bitcoin Holdings — Plans to Buy More BTC at Any Price

Robert Kiyosaki has revealed his bitcoin holdings and plans to buy more BTC over the next year, along with his investments in gold, silver, and real estate — assets he views as “real money” for building lasting wealth. Robert Kiyosaki Unveils Bitcoin Holdings, Shares His Approach to Gold, Silver, and BTC Robert Kiyosaki, the renowned author of Rich Dad Poor Dad, shared his perspective on building wealth through assets like bitcoin, gold, and silver on social media platform X Friday. Rich Dad Poor Dad, a 1997 book co-authored by Kiyosaki and Sharon Lechter, has earned global acclaim, spending over six...

10.11.2024

Bitnance (BTN) Breaking Ice, New BEP-20 Token Presale Tops $17.5K

A new store of value token coming to the Binance Chain is making waves due to its potential for becoming a hedge against inflation on the network. Bitnance (BTN) is a fresh store of value (SOV) token for crypto investors that enjoy the BEP-20 network, driven by scarcity and demand like Bitcoin (BTC). As traditional finance faces growing volatility and inflationary pressures, the cryptocurrency market is beginning to make a turn to its own decentralized features, and the creation of new stores of values like BTN are beginning to claim their spot in DeFi. Presale Success Bitnance (BTN) has garnered...

07.07.2024

All News

DraftKings NFT Lawsuit Dismissal Fails

Robert Kiyosaki Discloses Bitcoin Holdings — Plans to Buy More BTC at Any Price

Bitnance (BTN) Breaking Ice, New BEP-20 Token Presale Tops $17.5K

Crypto Needs to Radically Rethink Token Distribution

A major blocker for mainstream blockchain adoption remains the prevailing sense that the space is still too focused on speculation. To build a sustainable ecosystem and onboard more users, protocols must radically rethink how tokens are distributed. The focus must shift from inflated valuations and speculative price action to long-term utility and transparency. This year, the cryptocurrency market has witnessed a resurgence in token launches, many of which have adopted a "low float, high fully-diluted value (FDV)" strategy. The plan is simple: launch at a high price, lead with a multi-billion dollar valuation and create hype around the project’s potential....

LITECOIN PRICE ANALYSIS & PREDICTION (August 9) – LTC Pauses Buying at $62, Can It Sustain Pressure Above This Level?

Litecoin joined other top coins in the recent increase but it has slowed down buying today after facing a key level. While it appears weak, the asset may resume bearish momentum if the supply level increases. Last month’s trading was a bit relieving due to a slight break in selling but things later became ugly after initiating a fresh drop at the $77 level due to a rejection. LTC resumed drop and closed July’s trading at $70. Crossing over into this month bearishly, Litecoin advanced selling and dipped to $49.8 with a long wick. The price increased nicely from there...

BasedVC raises $2M in a seed funding round as official investment partners to Neo Tokyo, Kongz Capital, and more

In the past year, BasedVC saw over $65M in platform revenue as it deployed investments into 50+ cryptocurrency projects. The firm successfully raised $2M at a $15M post-money valuation in a seed funding round earlier this year with participation from multiple angel investors as well as leading web3 communities. BasedVC is currently closing their strategic round at a post-money valuation of 25M USD with participation from major brands, influencers, and web3 angel investors such as Mario Nawfal (IBC Group), Crypto Banter, Ashcrypto, and Kmanu among others. BasedVC’s unique value proposition lies in structuring itself as a decentralized venture capital investment...

Trader Says Top-10 Altcoin To Have a Strong Run in the Fourth Quarter, Updates Outlook on Celestia and Render

A popular crypto trader and analyst thinks one Ethereum (ETH) rival is gearing up for a strong finish in 2024. The pseudonymous analyst known as Altcoin Sherpa tells his 217,900 followers on the social media platform X that Solana (SOL) has a healthy market structure and predicts a breakout for the top-10 altcoin before the year’s end. “SOL looks more like the green box versus the red box to me. The reason is mostly due to: Previous price action (run from $20-$200 was way different in 2021 versus 2024). More defense of key levels this time around i.e. $130. Overall...

Top Microsoft Engineer Predicts Blockchain Vertical Upscale: Which Industries Might Lead the Charge?

Experience the new economy with TONX ID at The Open Summit – Unlock Rewards from Over Thirty TON Projects Both Online and Offline. Taipei, Taiwan —The Open Summit, the largest TON summit this summer, is set to be a landmark event for the global TON community. Powered by TONX and supported by the global TON community, the summit will take place from August 6-8, 2024, at the Taipei Nangang Exhibition Center TaiNEX2, as a part of ABS2024 . As the pioneering partner of TON, TONX is the cornerstone enabling builders to scale applications for the future with Telegram and TON....

This Week in Crypto Games: ‘Hamster Kombat’ Players Get Crafty as Pre-Market Trading Expands

Disclaimer: By using this website, you agree to our Terms and Conditions and Privacy Policy. Crypto News Australia is a news service that adheres to its Editorial Policy. Crypto News Australia are a subsidiary of Swyftx Pty Ltd, which operates a cryptocurrency exchange in Australia and New Zealand. Our website is purely informational and provides news about cryptocurrency & blockchain. The information on Crypto News Australia should not be taken as financial advice, investment advice or a personal recommendation. Buying and trading cryptocurrencies is a high-risk activity. Please do your own due diligence before making any investment decisions. We are...

South Korean exchanges to step up monitoring as global fraud, exploits surge

South Korea will try to stamp out ‘crypto’ fraud on domestic digital asset exchanges, as the pace and scale of blockchain-based scams, hacks and exploits reaches epic proportions. Last week, South Korea’s Financial Supervisory Service (FSS) announced that its Virtual Asset Unfair Trade Monitoring System will be fully operational on July 19. The system is part of the country’s Virtual Asset User Protection Act, an effort to stamp out corruption that threatens consumers participating in the country’s digital asset ecosystem. Local exchanges previously relied on a hodgepodge of data monitoring tools that were deemed incapable of adequately ensuring operations were...