The world's largest asset manager has officially filed with the US Securities and Exchange Commission for a spot ETH ETF.

BlackRock Officially Files for Spot Ethereum ETF, ETH Price Eyes $2.1K

Ravi Menon suggests CBDCs, tokenized bank liabilities, and regulated stablecoins for a better monetary system.

Singapore’s Central Bank Predicts the Demise of Private Crypto

The post Genesis and DCG To End $620M Lawsuit with Repayment Deal appeared first on Coinpedia Fintech News
The crypto world continues to experience new daily developments – exciting ones! Genesis, a bankrupt crypto lender under Digital Currency Group (DCG), struck a significant deal aiming to settle a lawsuit seeking $620 million in repayments from DCG. According to a November 28 court filing, DCG agreed to repay $324.5 million by April 2024, resolving …

Genesis and DCG To End $620M Lawsuit with Repayment Deal

Source: AdobeStock / Timon The beleaguered crypto lender Genesis and its parent company, Digital Currency Group (DCG), have reached a settlement that could end the protracted lawsuit aimed at recovering $620 million in repayments from DCG. DCG Commits to Settling $324.5M in Loans by April According to a filing made on November 28 to a […]
The post Genesis Reaches Settlement With Parent Company DCG in $620M Lawsuit appeared first on Cryptonews.

Genesis Reaches Settlement With Parent Company DCG in $620M Lawsuit

Dogecoin is showing positive signs above the $0.0750 resistance against the US Dollar. DOGE could rally over 10% if it clears the $0.0812 resistance zone. DOGE started a decent increase above the $0.0750 resistance against the US dollar. The price is trading above the $0.0785 level and the 100 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.0792 on the 4-hour chart of the DOGE/USD pair (data source from Kraken). The price could start a strong rally like Solana if it clears the $0.0812 resistance. Dogecoin Price Eyes Fresh Rally After forming a base above the $0.070 level, Dogecoin price started a fresh increase. DOGE broke the $0.0725 resistance zone to move into a positive zone, like Bitcoin and Ethereum. The bulls were able to push the price further above the $0.0750 resistance. There was a clear move above the 50% Fib retracement level of the downward move from the $0.0875 swing high to the $0.0707 low. However, the price seems to be struggling near the $0.0812 resistance. DOGE is now trading above the $0.0785 level and the 100 simple moving average (4 hours). There is also a key bullish trend line forming with support near $0.0792 on the 4-hour chart of the DOGE/USD pair. On the upside, the price is facing resistance near the $0.0812 level. It is close to the 61.8% Fib retracement level of the downward move from the $0.0875 swing high to the $0.0707 low. The next major resistance is near the $0.0835 level. Source: DOGEUSD on TradingView.com A close above the $0.0835 resistance might send the price toward the $0.088 resistance. The next major resistance is near $0.0920. Any more gains might send the price toward the $0.095 level. Are Dips Supported in DOGE? If DOGE’s price fails to gain pace above the $0.0812 level, it could start a downside correction. Initial support on the downside is near the $0.0792 level and the trend line. The next major support is near the $0.0770 level. If there is a downside break below the $0.0770 support, the price could decline further. In the stated case, the price might decline toward the $0.0710 level. Technical Indicators 4 Hours MACD – The MACD for DOGE/USD is now gaining momentum in the bullish zone. 4 Hours RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level. Major Support Levels – $0.0792, $0.0770, and $0.0710. Major Resistance Levels – $0.0812, $0.0835, and $0.0880.

Dogecoin Price Prediction – DOGE Bulls Be Able to Hit $0.092 Barrier?


                    
                    The exploiter behind the $46 million KyberSwap hack says they plan to outline a treaty for the potential return of funds on Nov. 30, but not if threats and hostilities from execs keep up.
                    The exploiter behind the $46 million crypto theft against KyberSwap has demanded its execs and tokenholders ease up on the hostilities, threatening to push out negotiations until everyone is “more civil.”In an on-chain message addressed to KyberSwap executives, tokenholders and liquidity providers on Nov. 28, the exploiter said they plan to release a statement around a potential treaty with KyberSwap on Nov. 30 — but won’t do it if hostilities continue. “I said I was willing to negotiate. In return, I have received (mostly) threats, deadlines, and general unfriendliness from the executive team,” they said.“Under the assumption that I am treated with further hostility, we can reschedule for a later date, when we all feel more civil,” they warned.The @KyberNetwork exploiter sent the team another message! pic.twitter.com/DnuKUWjFMn— Officer's Notes (@officer_cia) November 28, 2023


The team behind KyberSwap — a cross-chain decentralized exchange — initially suggested a bounty deal where the hacker returns 90% of the funds across all exploits, allowing the hacker to keep the remaining 10%. But they followed up with a threat to pursue legal action after the hacker didn’t comply straight away.“We have reached out to law enforcement and cybersecurity on this case. We have your footprints to track you,” the KyberSwap team said in a Nov. 25 on-chain message, adding:“So it's better for you if you take the first offer from our previous message before law enforcement and cybersecurity track you down.”KyberSwap also told the hacker they would initiate a public bounty program to incentivize anyone providing information to support law enforcement that may lead to their arrest and the recovery of user funds.The team behind KyberSwap has already managed to recover $4.67 million from the $46 million exploit on Nov. 26 from operators of front-running bots, which managed to extract around $5.7 million in crypto from KyberSwap pools on the Polygon and Avalanche networks.The team hasn’t yet responded to the exploiter’s latest message on X (formerly Twitter) and is presumably waiting to see the new treaty proposed by the hacker.Related: KyberSwap announces potential vulnerability, tells LPs to withdraw ASAPA day after the Nov. 22 hack, decentralized finance pundit Doug Colkitt said the attacker used an “infinite money glitch” to carry out a “complex and carefully engineered smart contract exploit” across several networks implementing KyberSwap pools.Funds were exploited from Avalanche, Polygon and Ethereum and layer-2 networks Arbitrum, Optimism and Base.KyberSwap runs on Kyber Network, a blockchain-based liquidity hub that aggregates liquidity across different blockchains and enables the exchange of tokens without an intermediary.Magazine: This is your brain on crypto: Substance abuse grows among crypto traders

KyberSwap DEX hacker sends an on-chain message: Be nice, or else

The deal would see DCG repay $275 million it owes to Genesis by April.

Genesis-DCG Propose to Settle Lawsuit: Bankruptcy Filing

Today let's talk about Bitcoin pump above $38000 and a few hot altcoins, Chainlink, Pyth Network, and Bonk memecoin. 

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Ethereum going to $28,000 AFTER BlackRock ETF Approval? | Expert Explains

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China just shocked the world and the WEF's climate lie is about to be exposed. China says that carbon emissions have peaked and are expected to decline within the next year or two. It is worth noting that developed countries emissions typically peak and then decline as technology in industry advances. According to the International Energy Agency, China accounts for 60% of all new solar and wind power installations. China is also working on at least 21 nuclear reactors to build out nuclear energy. China has a goal of reaching net zero by 2060. It is worth noting that all of this was done quite naturally. No environmental group, activist or lobby can take credit with what research has shown would happen anyway.

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About Clayton and Natali Morris:
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Will cognitively impaired Joe Biden turn the presidency over to Kamala Harris? Democrats are in a panic over new polls showing a massive loss in key demographic areas. With only only 49 days until the first votes are cast in the U.S. election Dems are circling the wagons and looking for an exit ramp for Biden.

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https://www.youtube.com/watch?v=LAPH8BB2eoo&list=PLzaAzw5kr19jXML35T1FaxwGAgbLJdhg0

Disclaimer
Everything expressed here is my opinion and not official investment advice - please do your own research before risking your own money. Lark Davis (The Crypto Lark and affiliated brand Wealth Mastery) is not providing you individually tailored investment advice. Nor is Lark Davis registered to provide investment advice, is not a financial adviser, and is not a broker-dealer. The material provided is for educational purposes only. Lark Davis is not responsible for any gains or losses that result from your cryptocurrency investments. Investing in cryptocurrency involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire investment. Investors should consult their financial adviser before investing in cryptocurrency.