#cryptocurrency
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The founders of Hydrogen Technology, the company behind the HYDRO token, have been imprisoned for manipulating the cryptocurrency's price and conspiring to defraud investors. Shane Hampton, the Head of Financial Engineering, was sentenced to 2 years and 11 months, while CEO Michael Kane received a sentence of 3 years and 9 months. 
Crypto ETNs vs Crypto ETFs: Understanding the Differences
Cryptocurrency ETNs (Exchange Traded Notes) and ETFs (Exchange Traded Funds) are investment tools that allow you to capitalize on the price fluctuation of virtual assets. However, there are several important distinctions between them that investors should understand. 
As the UK heads toward an election, the cryptocurrency industry is expressing support for the Labour Party, which leads in all the polls. However, there is uncertainty about what policies to expect, as Labour has not been in power since 2010, a time when Bitcoin was just emerging. 
Robinhood has entered into an official agreement to acquire the global cryptocurrency exchange Bitstamp. This deal will enable the platform to offer cryptocurrency trading services outside the U.S., as Bitstamp holds over 50 active licenses and registrations worldwide. 
The defunct cryptocurrency exchange FTX has reached a settlement with the U.S. Internal Revenue Service (IRS), agreeing to pay a $200 million higher priority claim and a $685 million lower priority claim. This agreement stands in stark contrast to the initial claims totaling $24 billion. The payment is scheduled within 60 days after the restructuring plan goes into effect. 
In the first half of 2024, memecoins demonstrated the highest profitability (1834%) among all cryptocurrency sectors. Following far behind were Real World Assets (RWA) - tokenized real assets, including BlackRock products, with a growth of 213%. 
Elon Musk Launches Payment Service Without Crypto Integration
DOGE enthusiasts might face disappointment as Elon Musk has no plans to integrate the popular meme coin into the forthcoming X payment system. Additionally, the social media platform will not initially support any cryptocurrency transactions. 
American rapper Waka Flocka Flame (born Juaquin Malphurs) has launched his own cryptocurrency token, FLOCKA, on the Solana blockchain. He announced the coin on X with a video declaring "We live right now," which has already garnered over 280,000 views from his 1.8 million followers. 
Chinese law enforcement has initiated its first criminal case related to the launch of cryptocurrency tokens, accusing student Yang Qichao of creating fake digital assets. Although the case resembles a common Rug Pull scam, he was charged under a different count due to legal ambiguities. DAICOs: An Alternative to Traditional ICOs
The world of cryptocurrency continuously evolves with new technologies aimed at enhancing decentralization. Let's explore the DAICO fundraising model, a concept proposed by Vitalik Buterin. What sets it apart from traditional ICOs, and what advantages does it offer? 