Chain News Daily Official TheBitTimes.com

As we move into October, the crypto market is primed for potential parabolic movements, particularly for Bitcoin and various altcoins. The previous September showed an unexpected positive performance, diverging from its typical trend of being a down month, and there is optimism that the upcoming quarter may bring bullish activity. Altcoins, in particular, are drawing attention as they often outperform during bullish market phases. With market sentiment improving and key economic factors aligning in favor of crypto, now could be an ideal time to consider new investments. Pulsechain (PLS) Pulsechain has recently been performing well, with notable improvements in both market cap and price action. Currently trading at $0.0000579, the price of PulseChain’s native token, $PLS, has increased by 78% over the past 30 days, signaling potential for continued growth. Once known for its massive trading volume in mid-2023, which at times reached millions of dollars, Pulsechain is starting t...

The U.S. Securities and Exchange Commission (SEC) has sued Hex and its founder Richard Schueler aka Richard Heart . The SEC charged the Hex founder with misappropriating millions of dollars of investors’ funds from unregistered cryptocurrency assets. According to the filing, the SEC claims that Hex is a security and unlawfully raised more than $1 billion through offerings. Also Read: 74 Countries Ready To Attend BRICS Summit In August Heart is also the founder of PulseChain (PLS) and PulseX which was launched on May 15, 2023. The founder had asked investors to sacrifice their cryptocurrencies in exchange for PLS and PLSX tokens. Source: sec.gov/news/ The lawsuit alleges that Heart attempted to evade securities laws by calling on investors to “sacrifice” (instead of “invest”) their cryptocurrency assets to receive PLS and PLSX tokens. The SEC lawsuit alleges that Heart defrauded investors by spending their “sacrificed” cryptocurrencies on exorbitant lux...