The U.S. Securities and Exchange Commission (SEC) is looking to force billionaire Elon Musk to testify in its probe of his purchase of the social media platform X, formerly known as Twitter. In a new litigation release, the regulatory agency says that it has filed an application seeking an order that directs the business magnate […]
Stars Arena, a decentralized social media platform inspired by Friend.tech, has faced a recent exploit that resulted in the loss of $2,000 worth of Avalanche (AVAX) tokens. The platform, which runs on the Avalanche network, allows users to create and trade digital tickets that represent their social influence. The exploit involved a vulnerability in the […]
New data reveals that deep-pocketed crypto investors are suddenly shifting hundreds of millions of dollars worth of Bitcoin (BTC) and other digital assets. According to data from whale-surveying platform Whale Alert, just over $400 million worth of the top crypto asset by market cap has moved to top US-based crypto exchange platform Coinbase or unknown […]
This Friday, October 6, approximately 14000 Bitcoin options contracts, with a face value of $400 million, will come to an end.
Nexo is ending some of its crypto services for clients in the United Kingdom. This is in response to the upcoming regulatory changes imposed by the Financial Conduct Authority (FCA). According to a report by Coindesk, the crypto platform will phase out cashback payouts for transactions on Nexo Exchange and Nexo Card and terminate their […]
Binance, the largest crypto exchange in the world, just released its 11th report for its reserves, and the numbers are staggering as always. According to the report, Binance’s XRP holdings, in particular, have increased in the past month. This is evident, as there have been reports of investors depositing XRP into exchanges in the past […]
Finality ensures irreversible transactions — crucial for trust and security — prevents double-spending and fraud, and keeps blockchain records immutable.
CZ has made a start to the ‘global town square for crypto discussions’ in Binance’s new social media section
Galxe, a Web3 credential project, instructed users not to interact with the platform following a security breach on its website. Meanwhile, on-chain sleuth ZachXBT says the hackers are likely the same as the rogue actors that recently attacked Balancer’s front end. Galxe reported the security incident via its official X handle on October 6, asking […]
The below is a piece from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. Binance, one of the world’s largest cryptocurrency exchanges, has seen several difficult months of various legal […]
Ethereum (ETH), a forerunner in the decentralized finance (DeFi) ecosystem, has seen a notable surge in its staking activities. This staking boom has raised eyebrows among experts from JPMorgan concerned over ETH’s increase in centralization and the consequences that may arise. Ethereum, aiming to transition to a proof-of-stake consensus mechanism, opened the floodgates for staking. […]
A closely followed crypto strategist is predicting Avalanche (AVAX) will undergo a massive surge due to one main reason. Pseudonymous crypto analyst Altcoin Sherpa tells his 196,600 followers on the social media platform X that the Ethereum (ETH) rival could increase by more than 12% from its current value. The analyst says that Avalanche is […]
A top-100 crypto wallet altcoin has surged by more than 22% this week, outpacing the vast majority of the digital asset market. The utility and governance token for the mobile wallet app Trust Wallet (TWT) is trading at $0.946 at time of writing, up from $0.773 one week ago. The 89th-ranked crypto asset is also […]
Hundreds of billions of dollars in deposits has left America’s four biggest banks in the past year, according to new data from S&P Global. In a new market report, S&P analysts say the entire US banking industry has lost a total of $872 billion in a year that witnessed the collapse of three large American […]
Cryptocurrency transfers are nothing new to active traders as they happen quite frequently. What if you are a novice, though?
Bitcoin, the world’s first and most well-known cryptocurrency, has received a lot of attention due to its price volatility. While its price has fluctuated dramatically, many people worry whether Bitcoin’s adoption and acceptance in mainstream banking and everyday transactions are purely dependent on its price performance. The Price Volatility of Bitcoin Bitcoin’s path has been […]
The Web3 platform’s website has been restored, but the company still warns against using it. The hack may be linked to September’s attack on Balancer.
THORSwap announced its decision to shift into maintenance mode following the movement of illicit funds through the platform. It is speculated that the funds shifted through THORSwap were the ones exploited from the FTX exchange not too long ago. After halting the platform, the team at THORSwap made it clear that the platform actively stands […]
Shiba Inu team member has mentioned they plan to organize a Christmas crypto giveaway together with top Shiba Inu partners
Over the past week, Bitcoin price has displayed a notable bullish momentum. This comes after a prolonged consolidation phase during which the leading cryptocurrency remained stagnant below the $27,000 mark for an entire month. However, with the recent breakout and the resurgence of bullish sentiment in the market, experts are now predicting a potential surge that […]
Solana Compass has recently provided insights into the latest Solana (SOL) network activity, specifically during its 512 epoch. According to the website that tracks SOL staking activity, an estimated 19.637 million SOL tokens were unstaked during this period. In the recent Epoch 512, 19.637 million SOL were unstaked, with a net unstake of 16.516 million […]
A Tennessean woman says her bank has abruptly frozen tens of thousands of dollars in her account – even after she took additional steps to prove her identity and verify the source of her funds. Torrie Jackson says she and her husband received more than $68,000 in back taxes from the IRS earlier this year, […]
Earlier this week, I sat down with Matthew Black, the Chief Technology Officer of Atomic.Finance, to discuss Discreet Log Contracts (DLCs), a cutting-edge development in Bitcoin’s often misunderstood smart contract ecosystem. Black unveils how DLCs are structured and set to revolutionize the world of financial agreements and transactions using the Bitcoin blockchain. The discussion spotlights […]
Solana price has staged a double-digit recovery since September, and a portion of the move was due to by improving fundamentals.
A revolutionary technology poised to transform the landscape of cryptocurrency transactions. In the cryptocurrency ecosystem, Wirex remains at the …
The UK Financial Conduct Authority (FCA) has granted Komainu the approval to operate as a custodian wallet provider, granting it access to the UK’s crypto-custody market. This approval was obtained by the Nomura-backed crypto platform under the Money Laundering, Terrorist Financing, and Transfer of Funds Regulations 2017. With the FCA’s approval, Komainu can now provide […]
A former executive at global investment titan BlackRock says US regulators will likely give their nod to all spot Bitcoin (BTC) exchange-traded fund (ETF) applications at once. During a panel discussion at CCData’s Digital Asset Summit in London, ex-BlackRock managing director Martin Bednall, who is now the CEO of Jacobi Asset Management, says that the […]
Bitcoin, leading cryptocurrency, experienced sudden drop to $27,715 on Bitstamp exchange, swift 2% loss
Founding BRICS members China and Brazil along with newcomer Saudi Arabia are quietly unloading their US Treasury holdings. New numbers from the U.S. Treasury Department show China’s ownership of Treasury securities dropped from $835.4 billion at the start of July to $821.8 billion at the end of the month – a decline of $13.6 billion. […]
Cardano (ADA) is a decentralized proof-of-stake (PoS) blockchain that was designed to be a more efficient alternative to proof-of-work (PoW) networks. The native cryptocurrency of Cardano is named Ada. This name was chosen due to Augusta Ada King, Countess of Lovelace. She is regarded as the first computer programmer in the history of humanity. In […]
September was the biggest exploit month in DeFi, with over $300 million in losses, taking the crown from August.
A crypto analyst has presented a 39-month analysis that could determine when the XRP price will rally to a new all-time high. The analysis marks a return of this trend, which could see XRP rise as high as $1,000. The 39-Month Cycle Pseudonymous crypto analyst NeverWishing on TradingView has presented a rather convincing 39-month cycle […]