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California Attorney General Rob Bonta has announced a $3.9 million settlement with Robinhood Crypto for restricting cryptocurrency withdrawals and not fully disclosing trading practices. The settlement marks the first public action by California’s Department of Justice against a cryptocurrency firm. As part of the settlement, Robinhood must allow customers to withdraw cryptocurrencies to their own […]
TL;DR Large Bitcoin investors are accumulating more assets despite recent volatility, which could reduce supply and positively impact the price. Analysts predict a strong future rally for BTC, with potential targets between $85,000 and $120,000. Investing Instead of Panicking Bitcoin has shown quite a wobbly performance over the past three months, with its price ranging […]
A former Binance executive sees Telegram as a crucial platform for introducing a broader audience to cryptocurrency through tap-to-earn games. This comes after Kostarev’s newly launched Telegram mini app, Blum, hit 50 million registered users, half of whom are new to the crypto world. This demonstrates Telegram’s potential as the next driver of Web3 adoption, […]
Coinbase’s CFO has revealed that Kamala Harris is using Coinbase’s Commerce platform for crypto donations through a supporting super PAC, Future Forward. However, Harris’s official fundraising site does not show crypto integration, and some groups are unaware of her accepting crypto donations. Similarly, Coinbase’s CLO, Paul Grewal, sees potential for pro-crypto policies from both Harris […]
Derulo’s meme coin is down more than 97%
A widely followed cryptocurrency analyst and trader is offering his take on a real-world asset (RWA) project that’s skyrocketed by over 40x since December of 2023. The trader pseudonymously known as Sherpa tells his 222,500 followers on the social media platform X that the RWA blockchain MANTRA (OM) is a “strong project.” “OM still is […]
Dogecoin (DOGE) finds itself in a challenging position as bearish forces continue to dominate the market. Currently trading below a key descending trendline, DOGE faces mounting pressure that could push the price toward the critical $0.09149 support level. With the bearish trendline acting as a formidable resistance, any failure to hold this support could signal […]
Mastercard has expanded its support for non-custodial wallets through a new partnership with Mercuryo, a European crypto payments provider. This collaboration introduces a euro-denominated crypto debit card that allows users to spend digital assets directly from their wallets at over 100 million merchants globally. Mastercard Embraces Self-Custody According to a statement by Mercuryo, this initiative […]
Crypto salaries are becoming more common, especially in countries with prevalent economic incentives like inflation.
In response to Western sanctions, Russia has paved a legal pathway for cryptocurrency mining and international crypto payments — a major reversal.
In August, the TRON network demonstrated significant growth, processing nearly 230 million transactions, marking a 7.8% increase from July. This surge underscores the ongoing momentum in TRON’s network activity as it continues to expand its footprint in the blockchain space. The @trondao network processed nearly 230 million transactions in August, marking a 7.8% increase from […]
This article is featured in Bitcoin Magazine’s “The Privacy Issue”. Subscribe to receive your copy. Privacy is a fundamental issue in using a public blockchain system like Bitcoin. Numerous projects and proposals have been made over the years to either build privacy preserving tools on top of Bitcoin, or fundamentally add privacy at the protocol […]
Mark Karpeles, the former CEO of the infamous Mt. Gox exchange, is set to launch a new cryptocurrency exchange named Ellipx later this month. Based in Poland, Ellipx aims to prioritize transparency and compliance with the European Union’s Markets in Crypto-Assets (MiCA) regulation. The platform will initially operate as a crypto-only exchange, with plans to […]
Crypto All-Stars’ presale is becoming a must-watch crypto event. This new meme coin offers tasty staking rewards on meme coins that can’t be staked in the traditional way. With nearly $1 million raised already, could Crypto All-Stars’ (STARS) be the token that brings the meme coin space back to life? MemeVault – Disrupting Meme Coin […]
Bybit launches bbSOL, a liquid staking token on Solana, enabling users to earn staking rewards while maintaining liquidity and maximizing returns.
TL;DR Penpie Protocol Hacked: The DeFi protocol Penpie was exploited on September 3, 2024, resulting in a loss of $27 million in crypto assets, including Ethereum and stablecoins. PNP Token Plummets: Following the hack, Penpie’s native token, PNP, dropped by 30%, falling from $1.50 to approximately $0.98, reflecting a significant loss of investor confidence. Community […]
North Korea has been running highly sophisticated social engineering schemes designed to crack the security measures of crypto and decentralized finance (DeFi) firms, according to the U.S. Federal Bureau of Investigation (FBI). A new FBI public service announcement indicates North Korean cyber criminals target specific employees at firms connected to crypto exchange-traded funds (ETFs). “Before […]
Crypto market rebounds overnight after a sell-off at the start of this week, occurring around major US economic data releases. More critical US growth data to land tonight that could continue volatility surges. Altcoins analysis: WIF and HNT A mixed week of emotions as we witness Bitcoin move 3% to the upside on Monday, and […]
TL;DR Bitcoin is facing downward pressure, and short-term holders are the most vulnerable, with increasing unrealized losses. Short-term holders’ losses do not reach the levels characteristic of a full bear market but increase the risk of volatility. Profit and loss-taking activities remain low, indicating price saturation and potential future volatility. The Bitcoin market has been […]
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Ethereum price is attempting a recovery wave above $2,420. ETH must clear the $2,500 resistance to continue higher in the near term. Ethereum is attempting a recovery wave from the $2,320 zone. The price is trading below $2,480 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with […]
… cryptocurrency industry using "well-disguised" social engineering attacks to facilitate cryptocurrency theft. "North Korean social engineering …
According to Fortune, Coinbase’s Chief Financial Officer, Alesia Haas, said that U.S. Vice President and Democratic presidential nominee Kamala Harris is using the company’s Commerce platform to accept cryptocurrency donations for her campaign. The statement was made during a conversation with Citigroup’s Director of Payments, Peter Christiansen, at the Citi 2024 Global TMT Conference in […]
Shiba Shootout is a hot topic right now – and not just because of its Wild-West theme. This new meme coin has raised over $1 million in presale funds. But what’s really got investors talking is a crypto expert’s claim that Shiba Shootout (SHIBASHOOT) could make millionaires once it goes live on exchanges. Discover the Wild […]
The term “blue-chip,” borrowed from traditional finance, has found its place in the DeFi world, referring to governance tokens of top decentralized finance protocols. These tokens, including UNI, AAVE, COMP, MKR, CRV, SNX, LDO, and DYDX, have established themselves as leaders since their launch during DeFi Summer 2020. Uniswap (UNI) tops the list with a […]
On Sept. 4, 2024, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) saw $37.29 million in outflows, while their ethereum counterparts, the nine spot ether ETFs, experienced roughly $37.51 million in reductions. Grayscale’s GBTC and ETHE Lead Withdrawals Both bitcoin and ethereum ETFs saw money flowing out on Wednesday, with nearly identical divestments. According to […]
The Bitcoin halving has catalyzed a wave of interest in creating DeFi capabilities for Bitcoin, the world’s first blockchain network.
The ridiculous social media post had terrible timing
The founders of analytics firm Glassnode say that a bearish monthly candle for Bitcoin in September is less likely than most market participants believe. Jan Happel and Yann Allemann, who go by the handle Negentropic, tell their 63,000 followers on the social media platform X that they doubt 2024 will print another red September. “September […]
A strong outlier in the current market situation, Monero (XMR) moves against the broader downturn that plagues the market. According to CoinGecko, Monero gained nearly 13% since last week, putting the coin under the spotlight as one of the strongest gainers within the bear market. Monero’s simplicity lends itself to its focus on privacy and […]
TL;DR Hoskinson about Decentralized Governance: The Chang Hard Fork introduces a new governance structure, empowering ADA holders to elect representatives and vote on key proposals, shifting control from Cardano’s founding entities to the community. Staking Rewards: ADA holders will not lose staking rewards; they can participate in governance by voting, abstaining, or delegating their voting […]