TL;DR Strategic Partnership: Tether Operations Limited has partnered with Oobit and the TON Foundation, aiming to redefine cryptocurrency payments as a mainstream means of transaction. This collaboration represents a significant step forward in the adoption of digital currencies. Seamless Transactions: The partnership seeks to offer users a seamless and convenient transaction experience. By leveraging decentralized technology […]

The 2024 US National Strategy report addresses the threat of illicit finance to national security, focusing on crypto’s role. It proposes modernising anti-money laundering and counter-terrorism financing, highlighting digital assets and DeFi risks. The report underscores the importance of global cooperation and regulatory compliance, especially for cryptocurrency exchanges. The United States Treasury has just released […]

HodlX Guest Post  Submit Your Post   In the high-stakes world of cryptocurrency, market sentiment often swings wildly, driven by speculation and the whims of influential voices. Unlike traditional financial markets, crypto values can skyrocket or plummet based on the collective mood of traders, making it essential to stay attuned to these emotional undercurrents. Consider the […]

Real Vision analyst Jamie Coutts is saying that the performance of the US dollar against other major currencies will impact the price of Bitcoin (BTC). Coutts tells his 16,300 followers on the social media platform X that the US Dollar Index (DXY), a measure of the US dollar’s value compared to a basket of six […]

Bitcoin was initially designed with a fully fleshed out scripting language, intended to encompass and support any potential safe use case that users could come up with in the future. As Satoshi himself put it before he disappeared: “The nature of Bitcoin is such that once version 0.1 was released, the core design was set […]

Leading on-chain analyst James Check, popularly known as Checkmatey, has recently delved into the intricacies of Bitcoin’s market dynamics, offering a detailed on-chain data analysis that sheds light on the forces driving Bitcoin prices. His latest insights highlight a period he describes as “Quiet and Trending,” suggesting a robust underpinning despite significant sell-side pressures and […]

As of May, AntPool and Foundry USA controlled more than 50% of Bitcoin’s hash rate. That could become a problem for Bitcoin users in the near future.

Following a quick bounce from a two-month low, ARB climbed above a key psychological level and later lost momentum due to a rejection. It quickly turned weak again and now trades back near its recent low.  Arbitrum went through a lot of reductions in the last two months, losing more than 60% of its value […]

More than 19 months after Ethereum’s historic Merge upgrade, the data is clear: the network’s native asset, Ether (ETH), is not keeping up with Bitcoin (BTC). The ETH/BTC price ratio tapped another three-year low on Thursday at 0.044, with Ether last experiencing less market dominance against Bitcoin in May of 2021. Why Does ETH Keep […]

Pump.fun, a Solana-based marketplace and deployment tool for meme coins, has acknowledged suffering an exploit dealing with the bonding curve contracts in its platform. While the protocol is still investigating the matter, it reported that “the TVL in the protocol right now is safe,” as it has upgraded the contracts to deal with the attack […]

Anton Peraire-Bueno, 24, and James Peraire-Bueno, 28, used a “novel” method of stealing cryptocurrency from the Ethereum blockchain, according to U.S. …

Novogratz hints that next few months might be critical to watch for crypto

Coinbase has added a new Solana (SOL)-based decentralized exchange (DEX) altcoin to its listing roadmap. On Tuesday, the top US crypto exchange put Drift Protocol (DRIFT) on the path towards being tradeable on its platform in the future. Drift is an open-source DEX that enables transparent and non-custodial trading. Explains the project, “Drift was designed […]

Funding for crypto startups rose to over $1 billion in April, with investors focusing on tokenization, Web3 infrastructure, and institutional demand amid the bull market.

TL;DR Fee Reimbursement Campaign: PancakeSwap is offering to refund $8 million in interface fees to Uniswap users who match their trading volume on PancakeSwap v3, from May 16 to August 15, as a strategic move to attract traders after Uniswap increased its fees. Incentives and Efficiency: To draw users, PancakeSwap has proposed various incentives, including enhancing the veCAKE […]

TL;DR The DFINITY Foundation presents a detailed work plan for Internet Computer (ICP), a rapidly growing blockchain backed by significant investors. The new plan focuses on nine key areas, such as decentralized artificial intelligence, on-chain privacy, and interoperability with other blockchains like Ethereum and Bitcoin. ICP’s development is expected to address the challenges of on-chain […]

China’s tough outlook on crypto has claimed another victim, with an illegal bank facilitating USDT transfers taken out yesterday. Chinese police arrested 193 suspects in relation to the unlawful activity. The bank had been responsible for over AU$2b worth of crypto transactions since starting in 2021. The Chinese hardline stance on cryptocurrency transactions has yet […]

We are proud to announce that, for the second year running, Kraken has been recognized at the annual European Customer Centricity Awards (ECCAs). We won the Customer Insight & Feedback category and were shortlisted for Customer Centric Culture and Customer Centricity in B2B. Overcoming strong competition, this second award follows our 2023 ECCAs win in […]

The Commodity Futures Trading Commission (CFTC) has issued a stark warning, including cryptocurrencies, to students and young job seekers: beware of becoming an unwitting “money mule.” In a recent advisory, the CFTC’s Office of Customer Education and Outreach (OCEO) cautioned that criminal organizations target young people with seemingly easy, stay-at-home job offers that involve moving […]

“Ponzi scheme” has become a byword for all manner of financial frauds and monetary scams. When a rapid six month collapse erased $2T (trillion) from crypto market capitalization in 2022, mainstream media outlets were quick to again label cryptocurrencies, including Bitcoin, Ponzi schemes. Writing in the Chinese People’s Daily online edition, Shan Zhiguang and He […]

Bulls in Dogecoin (DOGE) seem to have stepped up their game as the daily price chart of the biggest meme coin in the world is trending positively, fueling speculations about an impending rally. Kevin Capital, a cryptocurrency market expert and enthusiast has offered insights on DOGE’s price action, confirming an effective break out for the […]

The first month after the Bitcoin halving last month has been uneventful. However, this might change soon as CryptoQuant observed a serious spike in the volume of stablecoins entering the market. Interestingly, there are significant jumps in stablecoin inflows at various points, often corresponding with movements in bitcoin’s price. Surge in Liquidity Signals Strong Bullish […]

Andrew Tate, a British-American social media personality and former professional kickboxer, has announced a plan to invest significantly in bitcoin, expressing frustration with banks and their scams. “I’m about to leave fiat completely,” he stressed. “I’m done with the banks. I’m done with their money. Done with the scams.” Andrew Tate Plans to Shift ‘100M’ […]

CoCo Coin Introduces a New Paradigm in Cryptocurrency … SAN FRANCISCO, CA / ACCESSWIRE / May 16, 2024 / Memecoins, like CoCo Coin, are offering unique …

Members of a United Nations expert panel monitoring North Korea sanctions reportedly found a link between the totalitarian state and the crypto mixer Tornado Cash. According to Reuters, a confidential document from the monitors told the U.N. Security Council sanctions committee that North Korea used Tornado Cash to launder $147.5 million worth of stolen crypto […]

BlockDAG’s Dashboard Innovation Drives Growth, Surpassing Solana And SHIB Market Forecasts Amidst the dynamic shifts in the cryptocurrency landscape, BlockDAG has emerged as a standout with its advanced dashboard, attracting both new and seasoned investors. While Solana exhibits signs of resurgence backed by notable institutional investment, and SHIB’s market prospects depend on surpassing key resistance […]

What happened in crypto industry over past day? Read U.Today’s news digest to find out!

Bitcoin price showed strength near its medium-term range high but multiple factors are preventing derivatives traders from opening new positions.

The authorities in Canada have arrested Aiden Pleterski, who called himself the “Crypto King,” and charged him with fraud and money laundering. He allegedly swindled investors out of CAD 40 million (about USD 30 million) with his crypto and foreign exchange Ponzi investment scheme. The Fall of “Crypto King” The announcement yesterday (Wednesday) by the […]

Bitcoin recently rose above $66,000 for the first time since April. This recent price rally from the flagship crypto is believed to be due to several factors, including the recently released inflation data.  Inflation Data Comes In Lower Than Expectations The Consumer Price Index (CPI) inflation data was announced on May 15 and came in […]

TL;DR Global investment firm Millennium Management reveals its participation in Bitcoin ETFs in the first quarter of 2024. The firm holds around $1.9 billion in BTC ETFs, distributed across various products from different issuers. More than 563 companies report a combined investment of $3.5 billion. Millennium Management, a global investment firm with over $60 billion […]

TL;DR Hedera (HBAR) is experiencing strong momentum due to the increase in new accounts created on its network, generating positive expectations about its growth potential. Its network shows steady growth driven by both the rise in DeFi application usage and the spike in new address creation. HBAR stands out for its ability to host a […]