Global

The U.S. Securities and Exchange Commission (SEC) has intensified its crackdown on the cryptocurrency industry by filing settled charges against the decentralized application (dApp) Mango DAO and the Blockworks Foundation.

Despite a recent upswing in altcoin momentum, Ethereum (ETH) is facing significant selling pressure from major institutional players. In the past 24 hours, notable transactions have raised concerns about the future of ETH, as key wallets have offloaded substantial amounts of the cryptocurrency.

San Francisco is rapidly becoming a beacon of cryptocurrency adoption, with numerous businesses embracing digital currencies and an impressive network of over 400 crypto ATMs catering to both residents and visitors.

Litecoin (LTC) has shown impressive performance recently, with a 12% increase over the last 30 days and a 5% rise in the past week, currently trading at $69. This bullish trend follows a breakout from an ascending triangle pattern on the one-day chart, successfully overcoming significant resistance at $67.

For four months, a malicious wallet app masqueraded as WalletConnect, one of the leading Web3 protocols designed to ensure secure communication between cryptocurrency wallets and decentralized applications (dApps).

The market sentiment surrounding Ethereum (ETH) has taken a bearish turn, primarily driven by recent price volatility and a notable decline in network activity.