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Crypto Industry Sees Surge in Lawsuits as Investor Losses Pile Up

Lawsuits over cryptocurrency losses are mounting across the country, as investing in digital tokens and coins has become mainstream and the money at stake has increased significantly.Even before the recent plunge in crypto prices, the industry already was seeing an uptick in lawsuits, which have come in several forms. Many of the cases have been fueled by investors who allege some digital coins were hyped and sold under false pretenses. Some proposed class-action suits allege pump-and-dump schemes involving celebrity…

3 Best Value Cryptocurrencies to Buy in 2022: BNB Coin (BNB), Bitcoin (BTC), and Parody Coin (PARO)

Parody Coin (PARO) is one of the best upcoming meme coins to watch in 2022 and beyond. The cryptocurrency market has been experiencing a slump in prices. It’s been a rough ride as the global economy takes a downturn. Digital assets are in the red but this is also a good opportunity to buy the best value cryptocurrencies at a low cost. These are the cryptocurrencies that will provide great returns in the next bullish crypto cycle. However, the continued selling pressure is also a good buying opportunity for…

TechPay Coin (TPC) To Be Listed on Leading Exchange MEXC Global, Price Rally Incoming?

TechPay Coin on MEXC Global will attract multiple crypto investors for smart investment in 2022 TechPay Coin, The Blockchain Network Deemed “Fastest” Following Accomplishment of 300,000+ Transactions each Second, Looks Forward To Its 2nd Listing on Leading Crypto Exchange – MEXC Global TechPay Coin Kicked off an excellent bull run post Announcement of the Bi-Directional Cross-chain Bridge Launch with Binance Smart Chain, Resulting in Wrapped TPC (WTPC) Going Live on Pancakeswap on May 17th,…

Crypto News: Terra Luna Pumps 780%, Crypto Market Up $50 Billion and EverGrow Coin $37 million BUSD Rewards

Crypto is becoming one of the most valuable investment assets in the world The crypto market is in an upswing today having put on $50 billion over the weekend into Monday, May 31. The renewed faith was largely caused by the successful launching of the new Terra Luna crypto token. Its listing on major exchanges like KuCoin over the weekend followed by Binance on Monday has boosted cryptocurrencies across the board. Some top cryptocurrencies like Cardano (ADA) are up over 25% within a day. In other news the…

Can Gnox Token (GNOX) reach the same levels of success as Binance Coin (BNB)?

Learn more about how Gnox token is competing with Binance Coin. Binance, the largest cryptocurrency exchange in the world by volume, is no stranger to the global crypto community. Within 5 years of its inception, it has grown into a huge ecosystem that is not only limited to trading. The introduction of smart contract functionality and the NFT marketplace is a testament to what the team is capable of achieving. The Binance Coin (BNB) was initially created as an exchange token to pay for trading fees at a…

How Solana-Based Meme Coin Mehracki (MKI) Differs from Solana (SOL) Itself in Terms of Utility

Mehracki is actually quite different from Solana but not everybody knows this Since the crypto community began taking meme coins more seriously, some whales and crypto projects have bought into Dogecoin (DOGE) and Shiba Inu (SHIB) as a store of value for the future. Investors have started to recognise its intrinsic value as a source of community strength, utility, and purpose. This has led the cryptocurrency market to rise to $3 trillion by 2021, making meme coins a major contributor. A meme coin is a…

Presale Token Chronoly (CRNO) Up 100% Last Week Flow (FLOW) And Enjin Coin (ENJ) Tumble

Chronoly offers cryptocurrency investors a new era of watch ownership. The cryptocurrency industry gave investors a bitter-sweet experience last week. While some digital currencies performed beyond expectations, to their investors’ delight, some tumbled. In the former group is the presale token called Chronoly (CRNO) which recorded an appreciation of 100% during the timeframe, while Enjin Coin (ENJ) and Flow (FLOW) are in the latter group of crypto tokens that have struggled. Let’s consider how these coins…

Coinbase (COIN) to slow hiring amid plunge in crypto and tech stocks

Coinbase reported a 27% decline in revenues in the first quarter as usage of the platform dipped.Chesnot | Getty ImagesCoinbase has become the latest tech company to warn of a slowdown in hiring.The crypto exchange told staff Tuesday it would slow hiring and reevaluate its headcount, reversing earlier plans to triple its workforce in 2022."Given current market conditions, we feel it's prudent to slow hiring and reassess our headcount needs against our highest-priority business goals," Emilie Choi, Coinbase's chief…

How More Than $1 Trillion of Crypto Vanished in Just Six Months

Traders’ flight from risky investments has halved the price of bitcoin and other cryptocurrencies, wiping out more than $1 trillion worth of digital money since November. Wild swings are fairly common with cryptocurrencies, but even seasoned investors were left reeling as bitcoin dropped 29% over a seven-day losing streak that just ended as a stablecoin—one part of the crypto world that touted its stability—unexpectedly crashed. Investors are staring at an…

Crash of TerraUSD Shakes Crypto. ‘There Was a Run on the Bank.’

The cryptocurrency TerraUSD had one job: Maintain its value at $1 per coin.Since it launched in 2020, it had mostly done that, rarely straying more than a fraction of a penny from its intended price. That made it an island of stability, a place where traders and investors could stash their funds in between forays into the otherwise frenzied crypto market. This week TerraUSD became part of the frenzy too, slumping by more than a third on Monday and then tumbling as low as 23 cents on Wednesday.…