The trading app's cryptocurrency arm received a notice regarding impending action from the SEC on May 4.
Bitcoin is not out of the woods yet despite massive gains
The stablecoin sector is not a stranger to controversies, but a recent study questions whether these assets are being widely used as claimed. According to the report, a new metric developed by American multinational payment giant Visa indicates that over 90% of stablecoin transactions aren’t made by genuine users, suggesting that these cryptocurrencies are far […]
Over 90% of stablecoin transactions do not originate from real users, a recent study by Visa and Allium Labs revealed. These findings raise questions about the potential of stablecoins revolutionizing the payment sector despite the optimism from industry leaders and the overall positive market sentiment. Stablecoin Potential in Payments Out of a staggering $2.65 trillion […]
Telegram, the messaging giant, has reached a staggering 900 million users. This surge directly impacts Telegram Open Network (TON), the blockchain designed to work seamlessly within Telegram. TON has seen a remarkable 15% growth in the last week, highlighting its potential to become a mainstream crypto player. TON price action. Source: Coingecko TON: Cheap Transactions […]
Issues such as community discontent, farm accounts and restrictive criteria have plagued recent airdrops.
TL;DR MetaMask’s New Feature: MetaMask, a leading crypto wallet for Ethereum, has launched a new feature called ‘Smart Transactions’ to help users avoid the negative impacts of maximal extractable value (MEV), a significant issue in the Ethereum network. Virtual Mempool: The ‘Smart Transactions’ functionality enables users to preliminarily place transactions in a “virtual mempool” before their definitive registration on the blockchain. This digital mempool is designed to […]
Chainlink teams up with Rapid Addition to develop a FIX-native blockchain adapter, enhancing institutional digital asset trading. The collaboration allows banks and financial institutions to smoothly connect with a range of tokenised assets through their current infrastructure. This joint effort represents a major advancement in merging conventional financial systems with blockchain technology. Chainlink continues to […]
Cryptocurrency can be a threat to the environment. Let us explore the Green Bitcoin which can be an Eco Friendly Cryptocurrency.
As the crypto market exhibits signs of a burgeoning altseason, crypto analyst Alex Wacy has shared a strategic forecast with his 175,000 followers on X. Wacy predicts a selective yet explosive growth phase for altcoins, emphasizing the critical nature of asset selection and market timing. Crypto Market Outlook And Asset Selection Strategy Wacy’s recent thread […]
PRESS RELEASE. Abu Dhabi, AE, May 6, 2024 – Amidst the 2024 resurgence of the bull market, with Bitcoin breaking the $72,000 mark, the demand for sophisticated market making has skyrocketed. Coinrate.pro has emerged as a trailblazer with its innovative market making strategies and forward-looking vision. Sergey Smotrov, the CEO of Coinrate.pro, unveils the company’s […]
Investors are keenly looking for the next ample opportunity as the cryptocurrency market witnesses a surge in 2024. Amongst the frontrunners, BlockDAG steals the spotlight with its innovative mining technology, outpacing other popular options like Ondo, Optimism (OP), and Aptos. BlockDAG’s user-oriented mining solutions have positioned it as a top choice in May 2024’s cryptocurrency […]
Today, we double down on our European expansion strategy by announcing a new strategic partnership that enables us to actively enhance our product offering in Germany, a key market for European crypto adoption. Starting around July 10, 2024, we expect to offer German clients access to a range of innovative crypto products via a dedicated […]
Pseudonymous BTC creator Satoshi Nakamoto envisioned privacy in Bitcoin’s whitepaper
An average of 178,475 daily transactions have been made on Bitcoin in its 5,603 day existence.
The leading blockchain security firm, CertiK, released its latest report revealing a significant downturn in losses from crypto-related hacks and scams as April concludes. Noting a notable decrease, CertiK stated April saw approximately $25.7 million lost to exploits, hacks, and scams. This figure marks a decline of 141% from the previous month’s losses, demonstrating a […]
Bitcoin Ordinals and Runes platform OrdinalsBot has created the largest Ordinals inscription to date, weighing in at a hefty 3.969 megabytes. Inscription number 70,614,708, the OrdinalsBot team announced Friday, contains a copy of “A Declaration of Independence in Cyberspace” by Logos Network. OrdinalsBot co-founder Brian Laughlan told Decrypt that the size of the inscription had […]
Lately dogecoin (DOGE) has been behaving more like a greyhound and less like the Shiba Inu dog that represents the meme-based cryptocurrency.
The crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to […]
The Bitcoin network has reached a major milestone, processing its one billionth transaction yesterday, an achievement comes 15 years and 4 months after Bitcoin’s genesis block was mined on January 3, 2009. JUST IN: #Bitcoin has officially processed over 1 billion transactions. pic.twitter.com/bFbSW5NEAW — Bitcoin Magazine (@BitcoinMagazine) May 5, 2024 At an average rate of […]
Smart contracts platform Avalanche (AVAX) is generating excitement in the crypto community with a potential breakout signal. Prominent analyst World of Chart has identified a bullish technical pattern that could propel AVAX prices significantly higher in the coming days. Falling Wedge Pattern Hints At Upside World of Chart points to the presence of a “falling […]
Bitcoin’s testnet needs to be reset so it can remain free for developers to use, says software engineer Jameson Lopp.
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: South African Ponzi scheme mastermind dies of a heart attack in Brazil, the Argentine House advances crypto tax regularization bill, and Buenos Aires targets Worldcoin with a new bill. South African Ponzi Scheme […]
GBTC finally delivered value as Bitcoin ETFs saw net inflow of $378 million on Friday
Economist Henrik Zeberg says that a loss of strength for the dollar could be the catalyst that breathes new life into crypto assets. Zeberg tells his 136,000 followers on the social media platform X that lower bond yields and a weakening dollar index (DXY), which pits the dollar against a basket of other major foreign […]
A crypto analyst who caught the 2022 Bitcoin bottom thinks BTC is close to witnessing a best-case scenario following mostly bearish price action last month. In a new strategy session, pseudonymous analyst DonAlt tells his 59,200 YouTube subscribers that Bitcoin looks strong after losing $60,000 earlier this month only to recover the key level a […]
As the cryptocurrency sector faces fluctuations, Mantle has seen a notable decline, dropping 26.47% over the past month. Meanwhile, significant Ethereum transactions by whales have been spotted. In contrast, BlockDAG (BDAG) continues to excel, raising an impressive $22.9 million in its ongoing presale and integrating 10 new payment methods to purchase BDAG coins, enhancing accessibility […]
Blockchain analytics company Elliptic said that its researchers have made progress in leveraging artificial intelligence (AI) to detect money laundering in Bitcoin. A recent paper detailing this research was co-authored with researchers from the MIT-IBM Watson AI Lab. Elliptic revealed a successful identification of illicit proceeds deposited at a cryptocurrency exchange, new patterns of money […]
A new report from the Better Business Bureau (BBB) indicates that investment schemes, including those involving cryptocurrency, are now the most …
Cardano (ADA) might be going through a lackluster price action at the moment, but analyst Ali Martinez believes the crypto might be gearing up for a parabolic run. While taking to social media platform X, Martinez talked about an intricate price analysis that ADA investors might find appealing. Particularly, the analyst noted that the cryptocurrency’s […]
It is the first time since late 2022 where the industry has recorded two consecutive funding months above $1 billion.
JPMorgan Chase will pay a total of $448 billion to US regulators for failing to monitor potential market misconduct on billions of transactions in its global trading operation. In a filing with the U.S. Securities and Exchange Commission (SEC), the banking giant says it has made a deal with an unnamed US regulator that will […]