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news-imageAugust 9, 2024

5 cryptocurrencies with higher VC funding to avoid amid SEC crackdown

Cryptocurrencies have mostly become a game of highly capitalized institutional investors known as venture capitalists (VC), often described as a “predatory” dynamic. As the Securities and Exchange Commission (SEC) continues with the cryptocurrency industry crackdown, VC-funded projects could offer increased risks.
Publisher: Finbold
Sentiment: Negative
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cover-imageCrypto Economy
September 13, 2024

Nillion and NEAR Launch New Tools for App Developers Focused on Privacy

TL;DR Nillion integrates with NEAR Protocol to enhance data privacy and storage within the blockchain ecosystem. It will allow NEAR developers to use advanced privacy tools that accelerate data processing. It will facilitate the creation of privacy-respecting applications and promote the development of private artificial intelligence and privacy solutions in the DeFi ecosystem.

Negative
cover-imageBenzinga
September 11, 2024

Terraform Labs' Historic $4.5B Settlement With SEC Makes 2024 The Most Penalized Year For Crypto Firms, Fines Surge More Than 3,000% Over Last Year

The U.S. Securities and Exchange Commission (SEC) hit cryptocurrency entities with record fines in 2024, highlighting the growing financial risk for companies that fail to comply with regulatory standards. What happened: According to a study released by cryptocurrency analytics firm Social Capital Markets, the regulator has issued over $7.42 billion in fines since 2013, with $4.68 billion, or around 63%, coming this year alone.

Negative
cover-imageCrypto news
September 4, 2024

Near Protocol's X page hacked, again

Near Protocol's X page was apparently breached by hackers who seemed uninterested in promoting sham airdrops or rug pulls. On Sept. 4, bizarre posts were seen published from the X account of layer-1 proof-of-stake blockchain, Near protocol (NEAR).

Negative
cover-imageCrypto Economy
September 4, 2024

AI Tokens Plummet After Nvidia Antitrust Investigations

TL;DR Nvidia Subpoenaed: The U.S. Department of Justice issued a subpoena to Nvidia on September 3, sparking market turmoil and significant losses in AI-related tokens. Market Impact: Nvidia's shares dropped by 8.3% this week, while AI tokens fell by an average of 7.1%, outpacing declines in major cryptocurrencies like Bitcoin and Ethereum.

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