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Cryptocurrency News Articles
Can crypto platforms survive the SEC’s strict regulations?
Feb 27, 2025 at 11:10 pm
The SEC has dropped its lawsuits against Justin Sun and his companies, Tron Foundation, BitTorrent Foundation, and Rainberry.
Can crypto platforms survive the SEC’s strict regulations? Recently, the SEC has dropped its lawsuits against Justin Sun and his companies, Tron Foundation, BitTorrent Foundation, and Rainberry. The SEC and Justin’s legal team agreed to halt the case while they sort out the details, with a 60-day delay being proposed before submitting a status report.
Furthermore, the SEC has officially terminated its case against crypto exchange Gemini after nearly two years of investigation. This declaration marks a significant achievement for the platforms and the crypto marketplace.
This news comes as investors are showing renewed interest in the crypto market, especially with rumors of a bull market in 2024. As investors search for promising coins to add to their portfolios, there are several coins that show great potential for long-term gains. Some of these coins have already raised millions in their early presale rounds, while others have low market caps and the potential to explode in value.
Here are 10 of the most promising crypto coins for 2024:
1. Aureal One (DLUME)
Aureal One is creating the next generation of blockchain network for the gaming and metaverse sectors. The network will be capable of handling millions of transactions per second with zero fees, making it ideal for large-scale gaming applications. It will also be powered by a new type of consensus algorithm that is more energy-efficient than traditional algorithms.
The native token of Aureal One is called DLUDE, which will be used by gamers to purchase goods and services within the network. It will also be used to reward users for their contributions to the ecosystem.
Aureal One is currently in the early stages of development, but it has already secured funding from several prominent venture capital firms. The company is also working with several major gaming studios to integrate its technology into their games.
2. DexBoss (DEBO)
One of the best new altcoins on the market is DexBoss. DexBoss is a next-generation decentralized exchange (DEX) aggregator and yield aggregator that is aiming to bring together the best of both worlds: traditional financial institutions and the decentralized finance (DeFi) ecosystem.
At the heart of DexBoss lies its commitment to accessibility. The platform will be open to both newbie and experienced users, with a simple interface and a streamlined user experience. This inclusivity is further highlighted by the project's goal of merging the strengths of centralized exchanges, such as user interfaces and legal compliance, with the transparency and interoperability of DEXs.
The $DEBO token will be the primary driver of transactions and activity within the DexBoss ecosystem. It will be used for trading on the exchange, accessing yield-generating products, and participating in the governance of the platform.
DexBoss has a total supply of 1 billion tokens, and 17 rounds of organized presale will contribute towards a $50 million goal. It is also being developed by a team of experienced professionals with a proven track record in both finance and technology. With its innovative features, broad appeal, and strong team, DexBoss has the potential to become one of the most successful projects in the DeFi space.
3. The Sandbox (SAND)
The Sandbox is a decentralized gaming and metaverse platform that allows users to create, own, and monetize their own gaming experiences. It is powered by the Sandbox blockchain, which is a sidechain of the Ethereum blockchain.
The Sandbox is best known for its voxel-based graphics, which give the games a distinctive, retro look. The games are also highly modular, allowing users to easily combine different game elements to create their own unique experiences.
The Sandbox has also attracted interest for its support of non-fungible tokens (NFTs). Users can create and trade NFTs of their own game assets, such as characters, items, and worlds. This has led to a vibrant ecosystem of creators and collectors who are building and sharing their own Sandbox experiences.
4. Decentraland (MANA)
Another promising metaverse project is Decentraland, a blockchain-powered virtual world where users can buy, own, and monetize virtual real estate, build applications, and interact with each other in a fully decentralized manner.
Decentraland is governed by a decentralized autonomous organization (DAO), which is composed of token holders who vote on proposals for the development and maintenance of the platform. The native token of Decentraland is MANA, which is used for a variety of purposes, such as purchasing land, goods, and services within the virtual world.
As the demand for virtual spaces in gaming and business applications continues to grow, Decentraland is well-positioned to capitalize on this trend.
5. Axie Infinity (AXS)
Axie Infinity is a blockchain-based game that allows players to collect, breed, and battle cute monster-like creatures called Axies. The game is powered by the Axie Infinity blockchain, which is a sidechain of the Ethereum blockchain.
The game is set in a fantasy world where players
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The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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- American blockchain payments firm Ripple Labs Inc. has placed its dollar-pegged stablecoin RLUSD in the spotlight
- Feb 28, 2025 at 03:30 am
- According to data from the Ripple Stablecoin Tracker on X, 3100000 RLUSD were added into circulation. When properly profiled, this newly minted token is poised to increase the supply to 56 million.
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