Analysts bullish on Polkadot (DOT) despite recent price decline
Full story: https://grafa.com/news/analysts-bullish-on-polkadot--dot--despite-recent-price-decline-222512 Despite recent price declines, analysts foresee a potential rally for Polkadot (CRYPTO:DOT), with some suggesting significant highs in the near future. Key figures in the crypto community remain optimistic about DOT's long-term growth, advocating for accumulating during dips for substantial future gains. While DOT has experienced a downward trend, analysts like FLASH and Crypto Thanos anticipate a resurgence, with price targets potentially reaching $20 and beyond. Other
Full story: https://grafa.com/news/near-protocol-signals-potential-30--rally-ahead-222520 The price of NEAR Protocol (CRYPTO:NEAR) is poised for a bullish breakout, with indicators suggesting a potential 30% rally towards $10. Traders and investors are anticipating a surge in NEAR's price, reflected in the rising open interest and positive sentiment in the market. The Relative Strength Index (RSI) is currently in the bullish zone above the neutral mark, further supporting the potential for an upward movement. NEAR's price is trading within an ascending triangle pattern, indicating increasi
Former FTX executive Ryan Salame seeks 18-month prison term
Full story: https://grafa.com/news/former-ftx-executive-ryan-salame-seeks-18-month-prison-term-222593 Attorneys representing Ryan Salame, previously an executive at FTX (CRYPTO:FTT), are advocating for an 18-month prison sentence, emphasising his cooperation with authorities and expressions of regret. Despite his role at FTX and Alameda, where he managed various operational tasks, Salame's attorneys argue that he was not directly involved in the core fraudulent activities. They highlight his proactive cooperation with authorities, genuine remorse, and personal struggles, along
UK cannabis millionaire Maximillian White ventures into crypto
Full story: https://grafa.com/news/uk-cannabis-millionaire-maximillian-white-ventures-into-crypto-222523 Maximillian White, Europe's wealthiest legal cannabis tycoon, has weathered financial setbacks, including a $29 million loss during the Cypriot banking collapse in 2012. Instead of retreating, he made an unconventional move by splurging on a Rolls Royce, displaying resilience and confidence. White, known for his eclectic career spanning music production and cannabis entrepreneurship, now embraces blockchain technology and NFTs as part of his business strategy. His diverse
TRON DAO's impact at Cornell Blockchain Conference
Full story: https://grafa.com/news/tron-dao-s-impact-at-cornell-blockchain-conference-222553 TRON DAO, a platinum sponsor at the Cornell Blockchain Conference, showcased its leadership and commitment to blockchain education. Dave Uhryniak, Ecosystem Development Lead at TRON DAO, participated in a panel discussion on decentralised finance (DeFi), emphasising TRON's (CRYPTO:TRX) role in advancing DeFi applications. TRON DAO co-hosted an exclusive side event with ChainGPT, fostering discussions on the convergence of AI and blockchain and promoting practical implementations. The active invo
North Korea launders $147.5 million in crypto through Tornado Cash
Full story: https://grafa.com/news/north-korea-launders--147-5-million-in-crypto-through-tornado-cash-222575 The United Nations uncovered a breach of international finance laws, revealing that North Korea laundered $147.5 million in stolen cryptocurrency using Tornado Cash (CRYPTO:TORN). North Korea's illicit crypto activities, including cyberattacks on cryptocurrency firms totaling $3.6 billion, fund its prohibited nuclear and missile programs. Elliptic disclosed that North Korea's Lazarus group stole $112.5 million from the HTX crypto exchange in 2023, laundering over
Full story: https://grafa.com/news/oklahoma-enacts-legislation-safeguarding-bitcoin-self-holding-222576 Oklahoma Governor J. Kevin Stitt signed HB3594 into law, allowing citizens to self-custody Bitcoin (CRYPTO:BTC), fostering financial inclusivity and positioning the state at the forefront of US cryptocurrency regulation. The law ensures no bans or additional fees on crypto transactions, while authorising certain digital asset mining activities, boosting local Bitcoin mining and usage. HB3594 permits crypto users to self-custody via wallets, use cryptocurrencies for goods an
Crypto regulation deadline extended by World Bank authorities
Full story: https://grafa.com/news/crypto-regulation-deadline-extended-by-world-bank-authorities-222581 The Group of Central Bank Governors and Heads of Supervision (GHOS) recently announced a delay in the enforcement of the crypto asset standard, initially part of the Basel III reforms, to January 1, 2026. The Basel III framework, completed in 2017, aims to strengthen the regulation, supervision, and risk management within the banking sector. Despite the postponement, Basel III reforms continue to gain traction globally, with a significant number of member jurisdictions alre
Full story: https://grafa.com/news/shiba-inu-burn-rate-plummets-by-91-94--222583 The burn rate of Shiba Inu (CRYPTO:SHIB) has seen a dramatic decline of 91.94%, signaling reduced interest and conservative investor behavior amid bearish crypto market conditions. Shibburn, a Shiba Inu burn tracking website, reported only 2.367 million SHIB tokens burned in the last 24 hours, a stark contrast to the previous day's 29.5 million burned tokens. The decline in burn rate coincides with Bitcoin's price dropping below $62,000, suggesting a correlation between market sentiment and Shiba Inu's burn activity. T
Stellantis (NYSE:STLA) & Leapmotor unveil global EV push
Full story: https://grafa.com/news/stellantis--nyse-stla----leapmotor-unveil-global-ev-push-222545 Stellantis (NYSE:STLA) and Leapmotor have finalized the establishment of Leapmotor International, a 51/49 joint venture aimed at expanding the global sales of electric vehicles (EVs). Announced in a recent press release, the joint venture has gained all required authorizations, setting the stage for a significant push into the European market by September 2024, with further expansions planned into India, Asia Pacific, the Middle East, Africa, and South America beginning in the fourth