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Switzerland’s Gambling Supervisory Authority (GESPA), the country’s gambling regulator, has filed a complaint against FIFA’s non-fungible token (NFT) platform FIFA Collect, alleging that it is an unlicensed gambling provider.On Friday, GESPA announced the complaint, alleging the platform’s “competitions,” which feature user rewards like airdrop campaigns and challenges, constitute gambling under current Swiss regulations due to the element of chance in claiming rewards. GESPA wrote:“Participation in the competitions is only possible in exchange for a monetary stake, with monetary benefits to be won. Whether participants win a prize depends on random draws or similar procedures. Source: GESPAFrom a gambling law perspective, the…
Key takeawaysUnlike Bitcoin, many altcoins have low liquidity and limited oversight, making them prone to price manipulation and insider exploitation.Sudden spikes in trading volume, large whale transfers to exchanges, token unlocks or social media hype often precede sharp declines.Platforms such as Nansen, DEXTools and LunarCrush help detect abnormal wallet activity, fake liquidity and sentiment manipulation.Researching fundamentals, diversifying portfolios, setting stop-losses and avoiding hype-driven channels are key to protecting your funds.The altcoin market offers immense opportunities for those looking to invest in cryptocurrencies beyond Bitcoin (BTC). However, it’s also a hunting ground for manipulators who leave unsuspecting retail investors waiting for…
Li Lin, the founder of Huobi and chairman of Hong Kong-based Avenir Capital, is spearheading a new $1 billion ether ETH$3,796.76 trust alongside several of Asia’s most influential early Ethereum investors, according to Bloomberg.The report, which cites people familiar with the matter, claims Li has teamed up with Fenbushi Capital co-founder Shen Bo, HashKey Group CEO Xiao Feng, and Meitu founder Cai Wensheng to form a digital asset trust designed to accumulate and hold Ether. The venture reportedly includes discussions to acquire a Nasdaq-listed company to structure the vehicle and has already secured roughly $1 billion in commitments.That includes about…
Ethereum’s stablecoin supply has hit a new record high, indicating growing network strength as analysts like BitMine’s Tom Lee predict it could one day surpass Bitcoin’s market value. Summary Ethereum stablecoin supply reaches record $162.3B, per DeFiLlama. DeFi TVL grows to $81B as DEX volumes stay above $80B. Analysts debate Ethereum’s potential to surpass Bitcoin’s market value. Ethereum’s stablecoin supply has reached a new peak of $162.3 billion, showing steady growth in network activity and investor confidence across decentralized finance markets. The total value of stablecoins issued on Ethereum (ETH) has increased from approximately $130 billion in July to an…
Three of Japan’s largest banks reportedly plan to jointly issue a yen-pegged stablecoin, contributing to the region’s growing adoption of crypto technology within its financial infrastructure. Nikkei reported on Friday that Mitsubishi UFJ Financial Group (MUFG), Bank Sumitomo Mitsui Banking Corp. (SMBC) and Mizuho Bank plan to modernize corporate settlements and reduce transaction costs through a yen-based stablecoin project built on MUFG’s stablecoin issuance platform Progmat.The banks, which collectively serve more than 300,000 corporate clients, aim to standardize the token to make it interoperable for payments within and between companies. The consortium expects to roll out the stablecoin by the end…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Despite the Ethereum price crashing back down toward $4,000, bullish sentiments around the cryptocurrency have not waned. If anything, many believe that the recent price crash is all part of the process that will lead the altcoin back to new all-time highs. One crypto analyst has also highlighted the fact that the Ethereum price could embark on a bullish wave soon, and the result could be an over 50% increase in price that could cement new all-time highs. Betting On Ethereum Price To Cross $6,000 Crypto analyst…
Opinion by: Gaurav Sharma, CEO of io.net Artificial intelligence may be in its early days, but it has already delivered significant scientific and technological breakthroughs across the developed world. Unfortunately, these developments have come at a cost: the dangerous centralization of AI.On Forbes’ 2025 list of the top 50 private AI companies, all are based in the developed world, with 80% in the US. AI remains skewed toward well-capitalized tech giants in the developed world. For many in emerging economies, the price of entry to the AI revolution is unreachable. We need to ensure innovation and AI development are accessible to the broadest…
After a volatile week of failed recoveries and fading momentum, Ethereum price is showing renewed signs of strain as it slips deeper into correction territory. Summary Ethereum price has fallen nearly 7% in 24 hours and 12% over the past week, erasing recent gains. The token is now trading near $3,773, about 15% lower than last month’s levels, signaling mounting weakness. The $3,800 support level is critical, with a weekly close below it risking a slide toward $3,450–$3,500, where heavy liquidity and prior buying interest sit. A recovery above $3,800 and $4,250 would require renewed institutional demand and strong ETF…
The current Bitcoin price structure signals a critical shift into a mature speculative phase, according to on-chain analytics on CryptoQuant. Key metrics, traditionally associated with late-stage bull markets, are suggesting Bitcoin is entering its final expansion phase.However, newer investors are currently experiencing immediate profitability hurdles. This convergence of technical indicators highlights both the strong underlying market confidence and the inherent volatility within a cycle propelled by aggressive new capital inflows.Shifting from Optimism to EuphoriaThe Net Unrealized Profit/Loss (NUPL) metric measures the aggregate profitability of the circulating Bitcoin supply. It has definitively crossed into a historically significant zone.Meanwhile, the current NUPL…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure One of the largest publicly-traded Ethereum (ETH) treasury firms, SharpLink Gaming, today announced that it had raised $76.5 million in a direct stock offering at a price above market rate. A portion of the proceeds is likely to be used to buy more ETH. SharpLink Raises $76.5 Million To Buy More Ethereum According to an announcement made earlier today, SharpLink Gaming has entered into a securities purchase agreement with an unknown institutional investor for the purchase and sale of 4.5 million shares of its common stock. Notably,…
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