Author: Ethan Carter
Ethan is a seasoned cryptocurrency writer with extensive experience contributing to leading U.S.-based blockchain and fintech publications. His work blends in-depth market analysis with accessible explanations, making complex crypto topics understandable for a broad audience. Over the years, he has covered Bitcoin, Ethereum, DeFi, NFTs, and emerging blockchain trends, always with a focus on accuracy and insight. Ethan's articles have appeared on major crypto portals, where his expertise in market trends and investment strategies has earned him a loyal readership.
A federal judge in New York has instructed Eddy Alexandre, the founder of the defunct crypto platform EminiFX, to pay restitution exceeding $228 million after determining that the company operated as a Ponzi scheme that deceived tens of thousands of investors.The US Commodity Futures Trading Commission (CFTC) attained summary judgment against Alexandre and EminiFX, with US District Judge Valerie Caproni declaring them jointly responsible for over $228 million in restitution and an extra $15 million in disgorgement, as stated in a court filing on Tuesday.“Defendants Alexandre and EminiFX are jointly and severally responsible for paying restitution totaling $228,576,962,” the court…
The Ignition milestone has been successfully achieved. This enables large language models (LLMs) to be utilized within the Internet Computer, allowing integration into canister smart contracts with just a few lines of code. What Is the Ignition Milestone? The Ignition milestone is a key component of the Decentralized AI segment of the ICP Roadmap, dedicated to linking canisters with off-chain LLMs. This advancement allows developers to incorporate AI capabilities into their dapps without complex configurations, facilitated by AI workers. What’s New in Ignition LLM Libraries for Streamlined Integration To enhance the connection of canisters to LLMs, we have introduced libraries…
After four years in the wilderness, bitcoin exchange traded notes (ETN) are set to return to London and the change could prove more significant than many expect.Starting Oct. 8, crypto ETN products, which allow retail investors to gain exposure to cryptocurrencies without buying the tokens themselves, will become available after being banned by the Financial Conduct Authority (FCA) in January 2021. The regulators argued at the time that extreme volatility, susceptibility to fraud and the difficulty of valuation made them too risky for retail investors.But the ban also left the U.K. lagging behind developments elsewhere. The U.S. spot exchange-traded funds…
Sofi (NASDAQ: SOFI) has announced the launch of its international money transfer service, allowing members to send funds abroad directly from the Sofi app with lower fees and faster delivery than traditional remittance providers. The service will utilize technology from Lightspark, which leverages the Bitcoin Lightning Network and Universal Money Address (UMA) to facilitate seamless […]
In brief Sen. Tim Scott (R-SC) said Tuesday that fewer Senate Democrats might support the upcoming crypto market structure legislation than voted for the GENIUS Act earlier this year. The Senate Banking chair said Sen. Elizabeth Warren (D-MA) has been a key obstacle to getting more Democrats onboard for the far-reaching bill. Warren warned last week that the bill would not just impact crypto, but also upend the entire system of American financial regulation. Sen. Tim Scott (R-SC), chair of the powerful Senate Banking Committee, said Tuesday that by his current count, a vote on pivotal crypto market structure legislation…
Thumzup Media Corp. (TZUP), which counts Donald Trump Jr. as a large shareholder, said it will acquire Dogehash Technologies, Inc. in an all-stock deal, pivoting from digital marketing into industrial-scale crypto miningUnder the agreement, Dogehash shareholders will receive 30.7 million Thumzup shares, according to a Tuesday release, valuing the transaction at $153.8 million, based on the shares’ closing price. The combined company will rebrand as Dogehash Technologies Holdings, Inc. and list on Nasdaq under the ticker XDOG, pending shareholder approval later this year.Dogehash operates about 2,500 Scrypt ASIC miners across renewable-powered data centers in North America, with plans to scale…
A cryptocurrency trader who recently increased their account from $125,000 to more than $43 million was almost liquidated on Wednesday for $6.2 million after Ether briefly fell near the $4,000 level.The liquidation took place on the decentralized exchange Hyperliquid as Ether (ETH) dipped close to $4,000 amid a broader market correction, highlighting the volatility that can catch even seasoned traders off guard.It came two days after the trader had turned an initial investment of $125,000 into more than $43 million at its peak, before locking in nearly $7 million worth of profit on Monday, Cointelegraph reported.“This legendary trader went long…
After hitting a new all-time high above $24,000, Bitcoin has been unable to hold up the momentum and has spiraled back down again. In light of this, crypto analyst Doctor Profit has predicted that the Bitcoin price is actually going to fall below $100,000. If this prediction is accurate, then it means that this is only the beginning of the BTC decline, with more crashes expected to happen in the near future. September Will Be Bearish For Bitcoin In an X (formerly Twitter) post, the crypto analyst points out that the Bitcoin price crash is far from done. This is…
TOM LEE BUYS $1.7B ETH IN PAST WEEK, $LIGHT JUMPS 50% TO NEW ATH, CRYPTO MAJORS IN THE GREENCrypto weak, ETH ETF sees 2nd largest outflow ever. DAT stocks continue to fall on dilution fears. Strategy buys $51m BTC, relaxes financing rule. Chamath announces crypto SPAC. BMNR flips MARA to claim 2nd largest DAT spot. $3.9b ETH stuck in staking exit queue. KindlyMD raises $200m debt to buy BTC. Dutch firm Amdax to launch BTC treasury. BTCS issues a one-time ‘Bividend’ in ETH. US Treasury asks for public comments on GENIUS. SEC delays decision Truth Social’s crypto ETFs. Gemini taps…
Ethereum-Based Project Pepeto Surpasses $6.3M in Presale as Ecosystem Development Advances – Chainwire HomeNewsroomEthereum-Based Project Pepeto Surpasses $6.3M in Presale as Ecosystem Development Advances We use cookies to make Chainwire’s website a better experience. Cookies help us provide a more personalized experience and relevant advertising for you, and web analytics for us. The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole…