… cryptocurrency stolen by North Korean hackers from a cryptocurrency exchange. Ransomware attacks: This is a type of cyberattack that encrypts the …
A new era for the crypto industry approaches as the world’s largest exchange, Binance, changes leadership. Yesterday, the company’s founder and CEO, Changpeng “CZ” Zhao, stepped down as part of an agreement with the US government. The deal might have sparked a new era of adoption and legitimacy for the nascent industry at the cost […]
Crypto veteran Dan Morehead says Bitcoin (BTC) is in a bull market and is laying out a timeline for how long it could last. In a new open letter to investors, Morehead, who oversees $4.2 billion worth of assets at Pantera Capital, says that Bitcoin’s market cycles are nearly “alien” in their similarity. Morehead says […]
An analyst who continues to build a following for his timely Bitcoin (BTC) predictions believes that the crypto king is gearing up for an imminent burst to the upside. Pseudonymous analyst Credible Crypto tells his 353,400 followers on the social media platform X that Bitcoin is currently in a large re-accumulation zone which covers price […]
US senator Cynthia Lummis bashed SEC for interfering with crypto companies, promises to take measures against regulator
The US Justice Department is seeking over $4 billion from Binance Holdings as a part of a proposed resolution of an ongoing investigation against the crypto exchange for over a year, Bloomberg News reported. However, there is no official confirmation yet. According to the media report, the Justice Department and Binance are already negotiating, including […]
Data aggregator DefiLlama showed that Binance’s crypto asset inflows have fallen by over $1 billion in the last 24 hours.
The recent initiative by Pyth, involving an airdrop of approximately 250 million PYTH tokens, had a significant impact on the Solana blockchain, leading to a substantial increase in trading volume. The airdrop, conducted on November 20th, caught the attention of the crypto community. The total circulating supply of PYTH tokens, according to CoinMarketCap, is around […]
Financial giant BlackRock has taken a significant step toward creating its highly anticipated Bitcoin exchange-traded fund (ETF) by revealing its preference for an in-kind creation structure during its recent meeting with the US Securities and Exchange Commission (SEC). The meeting with the SEC has shed light on BlackRock’s strategy for its proposed Bitcoin ETF, highlighting […]
TL;DR BitTrade’s New Offerings: BitTrade added Ripple (XRP) and Shiba Inu (SHIB) to its lending program, with a 90-day loan period and a 2% annual rate. Support for Memecoins Expanded: The Japanese exchange recently began supporting Dogecoin and Shiba Inu, increasing its total number of supported cryptocurrencies to 34. Price Drop for XRP and SHIB: […]
The U.S. government has dealt a massive blow to Binance, the world's largest cryptocurrency exchange.
The Stellar (XLM) price has fallen since November 13 and trades close to a critical horizontal support area at $0.11. The reaction to it will be paramount in determining the future trend. Will XLM bounce or break down? Stellar Fails to Sustain Increase The technical analysis from the weekly timeframe shows that XLM has increased […]
Crypto investor Brian Kelly says that Bitcoin’s (BTC) market cap could soar 10x if investors start preferring the king crypto over gold. In a new interview on CNBC’s Fast Money, the founder and CEO of digital asset investment firm BKCM says that he is bullish on Bitcoin for several reasons, including a possible approval of […]
Blast, a brand new Ethereum Layer 2 network, has drawn a startling amount of interest and security concerns due to a surge of investors using the network to bridge their assets. Blast Hits $123 Million In TVL Blast recently announced its mainnet access on X (formerly Twitter). The L2 network built by Pacman Blur has […]
The Federal Trade Commission unanimously approved a measure to streamline its staff’s ability to issue civil investigative demands in AI investigations while retaining its authority to determine when CIDs are issued.
Bittrex crypto to shut down months after winding down operations in US
Binance has agreed to enter into a historic corporate settlement by paying over $4.3 billion to settle charges brought by the US Department of Justice (DoJ). The crypto exchange will also remit an additional $2.85 billion to settle with the US commodities regulator. A Historic Corporate Settlement in the US Officially confirmed yesterday (Tuesday), $3.8 […]
The world's largest cryptocurrency exchange has agreed to pay more than $4 billion as part of an agreement with the U.S. government, …
PeckShield revealed that over $86.6 million in digital assets were moved from the HECO Chain bridge to addresses raising suspicion. The blockchain security firm said the bridge was compromised, and the transaction was initiated by the operator, indicating a potentially compromised operator. The latest breach is the second recent incident tied to Justin Sun’s projects. […]
An analyst has pointed out how Chainlink might be breaking out of a bull flag right now, which could suggest a rally toward $20. Chainlink Is Escaping Out Of A Bull Flag Pattern Currently In a new post on X, analyst Ali pointed out a breakout that may be forming in the LINK price chart. […]
The country’s government plans to accelerate the development of a European blockchain infrastructure during its presidency of the Council of the European Union.
The SEC recently met with Grayscale Investments to discuss its bid to convert the Grayscale Bitcoin Trust (GBTC) into a spot Bitcoin ETF. According to a memo published by the SEC, the meeting took place between Grayscale principals including CEO Michael Sonnenshein and CFO Ed McGee, and officials from the SEC’s Division of Trading and […]
Exciting announcement made for XRP and Shiba Inu holders by Japanese crypto exchange
In a new twist to the ongoing saga between crypto lenders and exchanges, Genesis Global Capital, which filed for bankruptcy in January, has launched a lawsuit against the cryptocurrency exchange Gemini. The legal action seeks to recover a substantial sum of $689 million in preferential transfers, according to court documents filed on November 21. Legal […]
The firm behind the second-largest dollar-pegged crypto asset by market cap is launching a new token standard for their stablecoin. According to a new announcement, Circle is introducing the Bridged USDC Standard, a new standard and process for deploying a bridged form of USDC on Ethereum Virtual Machine (EVM) blockchains. Circle says that the bridged USDC […]
Binance CEO and founder, Changpeng Zhao set to plead guilty to violating U.S. anti-money laundering laws; Zhao is expected to step down and pay …
The crypto rumor mills have been abuzz lately with talk of JPMorgan, a US megabank, secretly buying XRP tokens. This rumor has gained ground and in the course of its spread, has garnered the attention of the crypto community as they dissect it. JPMorgan Reportedly Buys 7.5 Million XRP The first reports of this rumor […]
Many on Twitter compared the Binance settlement with the U.S. Department of Justice to the deal with BitMEX crypto exchange, whose then-CEO was also forced to step down.
Libra creator David Marcus has put forth a compelling argument asserting that the Lightning Network is the singular solution to scale Bitcoin effectively. Marcus, a prominent figure in the cryptocurrency space, contends that alternative blockchain products either exhibit excessive centralization or lack the necessary security measures. Marcus Advocates for Lightning Network In a post on […]
As the November 24 date approaches, Avalanche (AVAX) investors are cautiously anticipating an upcoming unlock of nearly 10 million tokens that could have a significant impact on the market. The scheduled event will release 9.54 million AVAX, representing approximately 2.68% of the circulating supply. This move will be of great importance as these tokens will […]
Another cryptocurrency exchange has just announced that it is disappearing from the market. Bittrex Global, originating from Liechtenstein, will suspend trading and operations in US dollars from the beginning of next month. This occurred after the US Securities and Exchange Commission’s (SEC) actions that began in April led to the closure of the platform’s distinct branch […]