Celsius Network has announced emerging from bankruptcy, concluding an eighteen-month process with the confirmation of its plan of reorganization. The agreement includes the distribution of a $3 billion payout to its creditors as well as the creation of Ionic Digital, which will be owned by Celsius’ creditors, who will own equity in the form of […]

For the first time since its decline started on January 22, Ethereum’s value has reached $2,345. The network is expanding and adding active addresses at a commendable rate. A growing $ETH market cap is mostly justified by increased utility. #Ethereum has returned to a $2,345 value for the first time since its fall began on […]

U.Today’s daily news digest keeps you informed of the most important updates in the crypto industry

Best-selling finance author Robert Kiyosaki says that he expects his Bitcoin (BTC) holdings to be a great source of wealth in the future. In a new interview with Kitco News, the Rich Dad Poor Dad author says that the 66 BTC he owns will make him a “fortune” as retirement funds start to flow into […]

Misleading comments that link to crypto phishing scams are plaguing the social media platform X, according to the blockchain security firm SlowMist. In a new analysis, SlowMist notes that phishing scams represent around 80% of comments on tweets from famous crypto projects. The scammers employ a high level of automation, according to the security firm. […]

Today, Volksbank Raiffeisenbank Bayern Mitte eG, a Bavarian cooperative bank with an ~130-year history, has entered into a long-term partnership with terahash.energy GmbH, according to a press release sent to Bitcoin Magazine. The Ingolstadt-based cooperative bank and the young startup, terahash, will collaborate on promoting topics related to Bitcoin and develop new offerings. “We are […]

Following plans to improve accessibility and profitability in cryptocurrency trading, VortexAI, an innovative trading bot, is set to.

Celsius Network, a crypto lender that went bankrupt in July 2022, will distribute over $3 billion of cryptocurrency and fiat to its creditors as the company emerges from bankruptcy. The plan also includes creating a Bitcoin mining company, Ionic Digital, and existing Celsius creditors will receive a stake in it. Restructuring of Celsius Announced yesterday […]

XRP experienced a significant price drop early Wednesday amidst rumors of a potential exploit. The XRP price dropped more than 4% to $0.4853 but later recovered to $0.500 following a clarification from one of Ripple’s co-founders. Personal XRP Accounts Impacted, Not Ripple’s Initial reports suggested that Ripple had suffered a significant security breach, which was […]

The top Solana-based decentralized exchange (DEX) aggregator Jupiter has launched its new JUP token, going live at just under a $1 billion market cap. Jupiter is one of Solana’s key decentralized finance (DeFI) hubs, and at time of writing, is doing more 24-hour volume than Uniswap, the biggest DEX on Ethereum and typically the entire […]

January 31, 2024 – Hong Kong, China Ithaca Finance (‘Ithaca’), a composable option protocol, announced today a $2.5 million pre-seed funding round co-led by Cumberland and Wintermute Ventures. Additional participants in the round include Room40 Ventures and Ghaf Capital Partners, as well as angel investors Andrew Keys, co-founder of DARMA Capital, Stan Miroshnik, managing partner […]

TL;DR The United States Securities and Exchange Commission dropped the case against DEBT Box to avoid sanctions, highlighting problems in its handling and drawing pro-XRP criticism against Gary Gensler. The community criticizes Gensler for questionable tactics in previous cases, such as Ripple and Grayscale, while the Commission faces legal problems and lack of evidence. The […]

In the past 24 hours, Bittensor (TAO) has gained an additional 11% following a 75% rally over the previous weeks. This surge in value comes after Ethereum Co-Founder Vitalik Buterin mentioned TAO in an article about AI and crypto. Bittensor is a decentralised network where miners contribute their unique Machine Learning models, aiming to blend […]

Analysts remain bullish on Solana amid large-scale transactions and recent price dip

[PRESS RELEASE – SAN FRANCISCO AND SEOUL, United States, South Korea, January 31st, 2024] Deal Marks a Broad Strategic Partnership for Netmarble’s Web3 Arm with a Layer-1 Protocol for technology and go-to-market collaboration in web3 gaming. Saga, a leading Layer-1 protocol and developer ecosystem in web3, and MARBLEX, a gaming-focused blockchain by Netmarble Corp., announced […]

Bitcoin’s price surged past the $42,000 barrier, reaching $43,838, breaking through resistance levels at $42,500 and $43,200. Currently, the price is consolidating gains above the $42,500 resistance zone, although bears emerged after it hit the $43,800 mark. In recent on-chain reports, Grayscale deposited 4,419 BTC ($191M) into Coinbase Prime, bringing their total to 124,081 BTC […]

… cryptocurrency resulted in the arrest Tuesday of an Oregon man. The investigation reached across the country, and included agencies from multiple …

So, 2023 has been pretty epic for Bitcoin. It’s like Bitcoin woke up and decided to flex its muscles big time. We’re talking a massive leap, over 140% in value – that’s huge! It’s not just about topping traditional rivals like gold; it’s also about leaving other cryptocurrencies in the rearview mirror. Let’s dive into […]

Collapsed crypto exchange FTX expects to repay its creditors fully, its bankruptcy lawyers revealed in court yesterday (Wednesday). However, the customers’ assets will be evaluated based on the fiat value of held crypto assets when the markets were in turmoil at the time of the exchange’s bankruptcy. Full Repayment in the Plans In the court […]

Over the last few years, El Salvador has been making considerable efforts to become Latin America’s crypto hub. Today, two and a half years after adopting Bitcoin as a legal currency in the country, Bitfinex Securities announced the launch of Bitfinex Securities El Salvador S.A., the first platform to offer tokenized securities. Launching The First […]

The U.S. Department of Justice (DOJ) has slapped three individuals with criminal charges related to their alleged involvement in a crypto pyramid scheme that looted $1.89 billion from victims. Australian native Sam Lee allegedly co-founded “HyperFund,” an online investment platform that falsely claimed investors who purchased “memberships” would receive between 0.5% to 1% daily in […]

Chris Larsen, co-founder of Ripple (XRP) has seen his personal wallet hacked for 213M (worth over $100M USD at the time of writing). The XRPL blockchain itself was not compromised, as the incident was isolated to Larsen’s wallets despite misinformation circling on X (Twitter). However, the price of XRP is down ~3% over the past […]

TL;DR DeFi sector suffers multiple hacks and exploits in January, losing nearly $40 million in crypto assets. Gamma Strategies, Radiant Capital, Socket Protocol, Wise Lending, and Goledo Finance are the affected protocols. Hackers use flash loans, rogue contracts, rounding errors, and input validation flaws to drain funds from the protocols and use Tornado Cash to launder them. The […]

Recent data from MarketVector reveals a significant downturn in Bitcoin market volatility

Announced today, Tether, the leading stablecoin issuer, has emerged with a robust balance sheet showcasing ownership of over $2.8 billion in Bitcoin. The information comes to light following an audit conducted by BDO, a renowned auditing firm, as detailed in the official auditor’s report. The audited report provides a comprehensive analysis of Tether’s financial standing, […]

Solana continues to gain market share from Ethereum in several key blockchain segments. The cryptocurrency's mobile apps strategy could be the key to …

We’re thrilled to announce that Jupiter (JUP) is now available on Kraken! Deposits and withdrawals are live and JUP will start trading on Kraken on January 31. Funding and trading JUP funding is live. Add JUP to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit.  Only deposit JUP on Solana. […]

Pendle, known for tokenizing and trading future yield, has reached a new milestone as its native asset surges to an annual high of $2.791.  The protocol’s developers facilitated this surge by depositing millions of PENDLE tokens to the Binance exchange. Two wallets, likely owned by investors in Pendle, deposited 477,211 PENDLE ($1.27M) at an average […]

Former Goldman Sachs executive Raoul Pal says the strength of the crypto market’s bull run could depend on one key factor. In a new interview with Pomp Investments founder Anthony Pompliano, Pal says the crypto market could soar this cycle with an increase in real-world blockchain use cases. He also says that re-engagement by past […]

Top US crypto exchange Coinbase is listing another Solana-based (SOL) altcoin as the Ethereum (ETH) rival’s ecosystem heats up. In a new announcement, Coinbase says it is adding Render (RNDR) to its “listing roadmap,” which alerts customers that the exchange could soon add support for certain assets. Render is an image-synthesizing ecosystem consisting of distributed […]

After encountering a significant rejection at the $48K resistance level, Bitcoin has recently discovered support near the crucial 100-day moving average, prompting a slight retracement. However, if a pullback materializes, the most likely scenario would involve a renewed bearish leg, targeting significant support at $38K. Technical Analysis By Shayan The Daily Chart Upon analyzing the […]

According to a recent CoinGecko report, Binance, the world’s largest centralized exchange (CEX) by trading volume, has retained its market leadership position in 2023.  Despite facing increased regulatory scrutiny and undergoing significant leadership changes, Binance maintained a market share of 43.7% and saw its spot trading volume rise to $427.1 billion in December 2023, representing […]