TL;DR The recent transfer of nearly $1 billion in Bitcoin confiscated by the United States government from the Bitfinex hacking case has caught the attention of the crypto world. Controversy over cryptocurrency mixers. The government is considering implementing stricter regulations. Ilya Lichtenstein, one of the hackers involved in the Bitfinex case, is cooperating as a […]
Gemini has reached a settlement with Genesis and other creditors within the Genesis bankruptcy proceedings, promising a full in-kind return of digital assets to Earn program users. This resolution, pending bankruptcy court approval, signifies a major victory for users, with over $1.8 billion in assets set to be returned. Potential Full Crypto Asset Recovery for […]
Investor Brian Kelly warns Bitcoin (BTC) may soon suffer a significant market correction after soaring into the $60,000 range. In a new interview on CNBC’s Fast Money, the founder and CEO of digital asset investment firm BKCM says Bitcoin could decline to around $43,000, a 30% drop from its current value. “This is an asset that […]
Sam Bankman-Fried’s legal team is seeking a lighter-than-recommended sentence for the convicted founder of the bankrupt crypto exchange platform FTX. In a new court filing, Bankman-Fried’s lawyers say they disagree with the Presentence Investigation Report (PSR) recommendation that the former executive should be sentenced to 100 years behind bars. The PSR – which is prepared […]
Marathon Digital Holdings has released its financial results for the fourth quarter and fiscal year 2023, highlighting impressive performance in revenue, net income, and BTC production. During the fourth quarter of 2023, Marathon Digital reported an increase of 452% in revenue compared to the same period in 2022. The company sold 56% of the Bitcoins […]
The price of Bonk has experienced a remarkable surge, increasing by 55% within a 24-hour period, reaching a notable value of $0.00002431 at press time. This surge in price coincides with a significant uptick in trade volume, which soared to $985 million over the same 24-hour period, marking an impressive 83% increase in trading activity. […]
Yesterday we were supposed to have a hearing on the preliminary injunction in the Texas Blockchain Council v. Department of Energy case. But, as often happens in litigation, things change quickly. Tuesday the judge entered an order canceling today’s hearing based on the parties reaching an “agreement-in-principle” on the overall dispute. This agreement must be […]
Vocal Bitcoin evangelist has made an important Bitcoin call on the global cryptocurrency community
Cardano (ADA) is gaining pace above the $0.635 resistance zone. ADA is consolidating gains and might aim for more upsides above the $0.70 resistance. ADA price is holding gains and facing resistance near the $0.70 zone. The price is trading above $0.640 and the 100 simple moving average (4 hours). There is a key bullish […]
When Mayor Eric Adams announced that he'd take his first three paychecks in cryptocurrency—around $30,000 split evenly between Bitcoin and Etherum— …
The Seneca Protocol hacker has given back $5.3 million worth of Ether tokens after draining $6.4 million on Ethereum and Arbitrum networks. Initial investigations suggested that an approval mechanism bug in the protocol’s smart contract was exploited. The stablecoin protocol had recently confirmed roping in with law enforcement but offered leniency, stating the team wouldn’t […]
Solana has quietly amassed nearly 8% growth in just 24 hours. Beyond the top ten cryptos, meme coins are making a surprising comeback. Solana-based Bonk and DogWifHat showing remarkable gains, highlighting the unpredictable yet lucrative nature of niche crypto assets. You would be forgiven if you didn’t pay much attention to Solana and meme coins […]
BTC to all time highs in Australia Ahh what a time to be alive! It feels like yesterday that Bitcoin was consolidating around the US$30k mark (to be fair, it wasn’t that long ago!). And further to that, we experienced a fairly average last month or so after the ETF approval, which we did predict […]
New data reveals that spot market Bitcoin (BTC) exchange-traded fund (ETF) inflows have reached a new all-time high as the crypto king pushes near the $64,000 price tag for the first time in years. According to the analytics arm of crypto exchange BitMEX, driven by asset management titan BlackRock, Bitcoin ETFs saw over $673 million […]
February 29, 2024 – Singapore, Singapore Taki Games, the leading social gaming network that allows users to earn real money rewards, is teaming up with the cross-chain Web 3.0 entertainment studio Two3 Labs to create and launch a highly-addictive mobile game that utilizes the popular Smoofs NFT collection. While the ‘Puzzle Smoofs’ game is currently […]
PRESS RELEASE. Singapore / February 29th, 2024 / – BitTorrent Chain (BTTC), a pioneering force in blockchain interoperability and scalability, has been featured in recent reports by CoinMarketCap (CMC) and Reflexivity Research, highlighting its growing influence in the blockchain sector. CoinMarketCap’s report offers a deep dive into the cross-chain interoperability sector, where BTTC stands out […]
TL;DR Bitcoin ETFs in the US reach record: $680 million in inflows. Intense competition: iShares leads, while Grayscale posts notable exits. Global Impact: ETF Approval in US Drives Interest in BTC in Australia. The Bitcoin ETF market in the United States has reached a new milestone with record inflows, highlighting a significant increase in BTC […]
KuCoin has teamed up with Revolut to introduce a new method for purchasing digital assets using euros. This collaboration enables users to directly acquire various cryptocurrencies listed on the cryptocurrency exchange through Revolut Pay. According to the press release, KuCoin’s collaboration with Revolut aims to simplify the process of acquiring cryptocurrencies for European users. Revolut […]
TL;DR An exploit triggered a 94% collapse in the Shido token. According to PeckShield, the attacker was able to withdraw over 4.3 billion tokens, nearly half of the total circulating token supply. The vulnerability of Shido’s Ethereum staking contract raises serious concerns about security. The recent collapse of the Shido token has shaken the industry, […]
Bitcoin’s recent rally took it to a peak of $64.1K, marking a significant milestone in its upward trajectory. However, shortly after reaching this high, the cryptocurrency experienced a moderate retracement to around $59.8K. #Bitcoin has now climbed as high as $64.1K before a mid-sized retracement down to $59.8K approximately 4 hours later. Today's high has […]
NASHVILLE, February 29, 2024 – Ledger and Bitcoin Magazine are pleased to announce “10 Steps to Self-Sovereignty”, a new content partnership to help the public understand Bitcoin security tips and best practices and reduce their reliance on trusted third-parties. The content partnership will leverage Ledger’s global security expertise with Bitcoin Magazine’s editorial production and distribution […]
Latest Dogecoin transfer signals potential market shifts and strategic plays by investors
The Internal Revenue Service (IRS) is onboarding two former crypto executives to bolster the tax agency’s enforcement efforts in the digital asset space. In a new press release, the IRS says it recruited Sulolit “Raj” Mukherjee and Seth Wilks to serve as executive advisers for the agency. Mukherjee previously worked as global head of tax […]
Leading U.S. investment platforms Meryll Lynch and Wells Fargo are now offering clients access to Bitcoin spot ETFs despite initially hesitating on the move. As reported by Bloomberg, the firms are offering the ETFs to certain wealth management clients who specifically request the product, which allows clients to directly invest in BTC through an ETF […]
Amid the recent bullish sentiment around the crypto market, investors and traders anticipate that altcoins will attract notable gains post-Bitcoin rally. Altcoins Poised For A 2X Surge After Bitcoin Rally Michael Van De Poppe, a well-known cryptocurrency analyst, has shared his insights regarding altcoins with the community on the social media platform X (formerly Twitter). […]
A legislative committee will be doing a study on controversial cryptocurrency mines. Also called crypto mines, these are large groups of computers …
As of Feb. 29, 2024, at 11:30 a.m. ET, bitcoin’s price stands a mere 9.5% shy of its record high of $69,044 per unit, achieved on Nov. 10, 2021. Below is an examination of several leading cryptocurrencies and their proximity to their historical peaks. The Herculean Task for Some of the Top Cryptos to Return […]
Decentralised storage network Arweave has experienced an overnight explosion, jumping 50%+ in a manner of hours. The move comes as Arweave releases a testnet for its highly scalable L2, Arweave AO. According to current metrics, Arweave AO boasts the greatest throughput of any permissionless network. If you thought Bitcoin was having a good 24 hours, […]
How can I start staking? Add crypto assets to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit. Canadian clients can now stake crypto assets and earn up to 18% APR* from the Earn section of your Kraken Pro account or from the Kraken Pro mobile app. Start staking your assets […]
A former Bloomberg analyst says that fundamental blockchain analysis points toward the notion that crypto is headed towards mainstream adoption. In a new thread, Jamie Coutts tells his 10,600 followers on the social media platform X that Metcalfe’s Law – which states that the value of a communications network is proportional to the square of […]
A widely followed crypto analyst is keeping an eye on Bitcoin (BTC) and altcoins as the crypto markets rage. Crypto trader Michaël van de Poppe tells his 697,000 followers on the social media platform X that the altcoin markets are about to explode. The analyst uses the blockchain data provider Covalent (CQT) as an example. “The rotation […]
TL;DR Ethereum Dencun Update: Introducing proto-danksharding on March 13, revolutionizing data storage in Ethereum blocks. Mass Arbitrum Token Unlock: On March 16, $2.2 billion in ARB tokens will be released, potentially disrupting the crypto market. Key Project Announcements: Fantom (FTM) and Zilliqa (ZIL) will present major launches and whitepapers in the next month, generating interest […]