The Colombian bank behind the crypto exchange claimed the platform was created after nearly a decade of study and research.

Bitfinex chief technology officer Paolo Ardoino is rejecting rumors that the crypto exchange was a victim of a database exploit last month. Ardoino, who also serves as Tether’s chief executive, says on the social media platform X that the database breach appears fake and that users’ funds are safe. According to Ardoino, the details of the […]

BitMEX co-founder Arthur Hayes just added about $500,000 to his seven-figure position in one decentralized finance (DeFi) altcoin project, according to on-chain data. According to the Ethereum (ETH) block explorer Etherscan, Hayes has purchased more than 98,560 Pendle (PENDLE) tokens, a project that allows users to tokenize and sell future yields. He made the transaction […]

Bitcoin’s price was on a roll for a few days and tapped a local peak of over $65,500 yesterday but was pushed down immediately by over two grand. The altcoins are also deep in the red today, with DOGE, SHIB, and AVAX among the poorest performers from the larger caps. BTC Stopped at $65.5K The […]

TL;DR Bitcoin Runes Launch: A new protocol called Bitcoin Runes, introduced by Casey Rodarmor, has surpassed Bitcoin (BTC), Ordinals, and BRC-20 in daily transactions. Launched on April 20, 2024, it’s considered the most significant update since Ordinals. Transaction Dominance and Recovery: Runes quickly dominated Bitcoin network transactions, peaking at 81.3% on April 23. Despite a […]

Payment giant Visa has teamed up with Allium Labs to analyse the origins of stablecoin transactions across the crypto industry. The report found that less than 10% of trades were “organic”, meaning that bots still dominate the DeFi sector. Experts believe that true mainstream adoption of stablecoins may still be the path forward, however the […]

Bitcoin recovered to above US$63K after a significant drop, with current market conditions described as the most volatile since November 2022. The Exchange Whale Ratio has spiked, indicating that whales may be preparing to sell, contributing to the market’s bearish trends. The STH-MVRV ratio is below one, suggesting reduced selling pressure and potential market recovery, […]

Gala (GALA), the token powering the Gala Games ecosystem, has been making some serious moves in the past week. GALA has soared 13% over the last seven days – and now one popular analyst is claiming that the token could realistically double from here. Analyst Predicts GALA Could Double as Technicals Strengthen It’s been a […]

Shiba Inu (SHIB) burn rate tops 4,085% amid mild price rebound

In the captivating world of cryptocurrency, Solana (SOL), a prominent digital currency, is making headlines. In a robust upward trajectory, …

You know how the dodo bird became extinct? It became too fat to fly. In fact, the name ‘dodo’ likely originated from the Portuguese word, ‘simpleton’. The dodo bird lived very comfortably for much of its existence on an isolated island that lacked any natural predators. Over time the dodo bird grew bigger, and its […]

The U.S. Securities and Exchange Commission (SEC) has alerted Robinhood Crypto that the regulatory agency will soon be pursuing legal action against the trading platform. According to an 8-K Filing submitted over the weekend, Robinhood’s crypto trading arm, Robinhood Crypto, has received a Wells Notice from the SEC. A Wells Notice is a warning issued by the SEC that […]

Kraken has unveiled its latest strategic move aimed at bolstering its presence in the European market. The company has announced a new partnership designed to facilitate the expansion of its product offerings in Germany, a pivotal market in the region for crypto adoption. Forging Partnership to Enhance Crypto Services in Germany Scheduled to commence around […]

An analyst has explained how Bitcoin seems to be showing a good setup to reach escape velocity based on the trend in this indicator. Bitcoin VWAP Oscillator Has Been Showing A Bullish Divergence As explained by analyst Willy Woo in a new post on X, a bullish divergence has appeared to be forming in the […]

The attacker was able to view team members’ private Discord messages, allowing them to gain access to the team’s wallet address and mint 100 million fake tokens.

Both Ondo (ONDO) and Polygon (MATIC) recently established far more strategic partnerships and collaborations in order to expand their ecosystem and contribute towards further developments and updates to it. This could lead to an upswing in their value in the long-term. Similarly, KangaMoon (KANG) is surging upwards on the charts and could reach new levels […]

Stablecoin issuer Tether is working with blockchain analysis firm Chainalysis to develop a solution for monitoring transactions involving entities beyond those that directly buy and sell USDT. In a statement, Tether says the customizable solution for monitoring secondary market activities will offer an enhanced understanding and oversight of the USDT market.  The company says compliance […]

A widely followed crypto analyst believes one Ethereum (ETH)-based decentralized finance (DeFi) token is being set up for a large rally. According to pseudonymous trader The Flow Horse, the governance token of Ethena (ENA) is one of many new altcoins presenting opportunities, but requires patience for payoff. “There are a couple pairs that I am eyeing that are […]

Robinhood Markets Inc. has become the next crypto trading platform to receive a threat of legal action from the Securities and Exchange Commission (SEC), adding to the sizable list of industry giants on the agency’s hit list. In a Form 8-K filed on Saturday, the company said it received a Wells Notice from the SEC […]

Casa helps people store bitcoin and other digital assets by empowering them to own, secure, and manage their private keys safely and easily. Founded in 2016, the company helps its members take self-custody of their assets with multi-key vaults for greater protection against single points of failure, such as hacks, theft, and accidents. Nick Neuman […]

Binance, top crypto exchange, is delisting six major trading pairs

Analyzing Emotional Trends from X platform using SenticNet: A Comparative Analysis with Cryptocurrency Price. Authors:Moein Shahiki Tash, Zahra Ahani, …

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TL;DR The SEC issued a Wells Notice to Robinhood Crypto, indicating possible enforcement action. The investigation focuses on Robinhood’s crypto operations, including listings, custody, and platform operations. Potential action could involve measures such as injunctions, fines and activity limitations. The recent action by the United States Securities and Exchange Commission (SEC) against Robinhood Crypto, LLC, […]

Australia’s key financial regulator, ASIC, has won a landmark case against BPS Financial, a crypto service provider operating since the early 2020s. The court found that BPS ran its product, Qoin Wallet, without a financial services license. Additionally, the judge accused BPS of intentionally misleading customers by implying the company was registered and that there […]

A whale withdrew 915.85 billion PEPE tokens from Binance, totalling US$7.94 million, and moved 1.238 trillion PEPE in two transactions worth US$10.4 million. The investor previously profited from an INJ trade but incurred losses on RNDR. Notable whale activities also included purchases in UNI, LINK, MKR, and ENS, with three whales primarily driving these altcoin […]

The Securities and Exchange Commission (SEC) could potentially bring an enforcement action against Robinhood, according to a Wells notice recently issued to the company’s cryptocurrency trading arm on May 4. This development comes despite Robinhood asserting that the assets listed on the platform are not securities. Navigating Regulatory Challenges “On May 4, 2024, Robinhood Crypto […]

Bitcoin price extended its increase above the $64,000 resistance. BTC is now holding gains above $62,800 and might aim for more upsides. Bitcoin traded to a new weekly high at $65,500 before there was a downside correction. The price is trading above $63,500 and the 100 hourly Simple moving average. There is a key bullish […]

While Changpeng “CZ” Zhao received a surprisingly moderate jail term, Oregon has become the sixth state to revoke, suspend or decline to renew Binance.US’ license.

Whales reportedly had a field day over the weekend, gobbling up millions of dollars worth of digital assets from crypto exchange Binance. Blockchain tracking firm Lookonchain says that on Saturday, crypto whales withdrew stacks of the decentralized oracle project Chainlink (LINK), meme token Pepe (PEPE), decentralized exchange Uniswap (UNI), stablecoin governance token Maker (MKR) and domain […]

A widely followed crypto strategist says one Dogecoin (DOGE) challenger is way ahead of its fellow altcoins. Pseudonymous analyst Cred tells his 624,100 followers on the social media platform X that he’s bullish on the frog-themed memecoin Pepe (PEPE). According to the crypto strategist, PEPE is leading the altcoin pack in terms of market structure […]

Meme coins have surged and are predicted to rival established coins like Polkadot and Tron.  In the aftermath of Bitcoin’s halving sell-off, analysts were vindicated in their predictions that TRON’s price would maintain support above $0.11. Now, market experts are forecasting a bullish resurgence for Polkadot and Raboo. Raboo’s fusion of social-fi and artificial intelligence […]