Top stablecoin USDT is witnessing a surge in on-chain activity, according to the crypto analytics firm Santiment. Santiment notes that USDT, which is issued by Tether and aims to maintain to maintain a 1:1 peg with the US dollar, recently notched a three-month high in active addresses, in large part due to an increase in […]
Stars Arena negotiated with the attacker over the course of four days, eventually recovering 90% of funds in exchange for an agreement not to prosecute.
BENGALURU: A Bengalurean sued an online crypto trading app after he lost 12484 USDT worth of cryptocurrency.
Binance has rebranded Binance Feed to Binance Square, a move aimed at facilitating the free exchange of crypto-related content and ideas. To celebrate the launch, the cryptocurrency exchange is offering a reward of 10,000 USDT to its users, according to the announcement made today (Thursday). Binance explained that Binance Square is where crypto enthusiasts can […]
At Bitcoin Amsterdam, Trezor unveiled a trio of innovative products designed to simplify and secure the Bitcoin journey for newcomers and novices. The “Trezor Safe” line, featuring the Trezor Safe 3 hardware wallet and the limited edition Trezor Safe 3 Bitcoin only model, marks the company’s commitment to self-custody in style. In addition, Trezor introduces […]
A new report from Glassnode, an on-chain analytical firm, has buttressed recent data indicating Bitcoin holders are adding to their holdings. These long-term Bitcoin investors, often known as “HODLers,” don’t appear to be phased by the recent volatility in Bitcoin’s price. According to on-chain data, long-term holders have been rapidly amassing Bitcoin, adding more than […]
Recent analytics report shows that while Bitcoin whales are holding tight to their BTC, Ethereum whales are dumping ETH en masse
Trezor, a pioneer in the hardware wallet industry, has just launched a series of cutting-edge products designed to empower crypto newcomers on their journey towards self-custody. These offerings include the Trezor Safe 3, an easy-to-use hardware wallet available in four captivating colors; the Trezor Keep Metal, a fail-safe backup solution to protect your recovery seed; […]
Chainlink’s ability to connect the blockchain with real-world data is critical to the success of real-world asset tokenization. Despite the current volatility in the broader market, Chainlink remains a promising investment in this exciting new financial landscape. Tokenization of real-world assets (RWA) is a revolutionary trend in financial markets that promises to change the way […]
Crypto analytics firm Glassnode says that liquidity is drying up in the altcoin market as an appetite for risk-on assets declines. In a new analysis, the firm says key altcoin metrics are at cycle lows indicating market weakness. Says Glassnode, “Liquidity continues to dry up across the digital assets as network settlement, exchange interaction and […]
Former Alameda Research chief executive Caroline Ellison says former FTX CEO Sam Bankman-Fried directed her to commit fraud. Ellison said Alameda, the trading arm of FTX, took around $14 billion from the exchange’s customers and used it for investments between 2020 and 2022, according to lengthy court transcripts from Bankman-Fried’s trial released by Inner City Press […]
A former engineer at Alameda Research, the sister hedge fund of FTX, alleges that the firm incurred losses exceeding $190 million due to preventable scams. Aditya Baradwaj, the whistleblower, emphasized the frequent “significant security incidents” resulting from the firm’s fast-paced operations. These allegations were documented in a post titled “The Hacks” on the platform X. […]
Uniswap launched a beta version of its wallet app for Android, paving the way for a Google Play Store launch once testing is complete.
r/CryptoCurrency Moons receives a high risk rating from InvestorsObserver analysis. The proprietary scoring syst.
Despite historically low returns in September, Bitcoin (BTC) ended the past month exceptionally well. Unfortunately, the same cannot be said for major centralized cryptocurrency exchanges whose spot trading volumes have declined for another consecutive month. According to data gathered by Finance Magnates Intelligence, the total turnover for the TOP 10 exchanges shrank by nearly $90 […]
Today, THNDR has unveiled its latest innovation, Clinch — an API designed to enable instantaneous, borderless, low-fee, peer-to-peer wagering using the Bitcoin Lightning Network, according to a press release sent to Bitcoin Magazine. Recognizing the pain points of traditional competitive gaming platforms, such as high buy-ins, slow payouts, and regional restrictions, Clinch aims to redefine the […]
Bitcoin price lost support yesterday at around $27,000 and is now below a critical level that the last two times it was lost, resulted in a 50% or more decline. Will this signal returning once again forecast sudden doom and cause crypto prices to rain down another 50% lower? Bitcoin Forecast Is Suddenly Cloudy The […]
Ark Invest just disclosed more in its Spot Bitcoin ETF filing
One of the largest banks in the world reportedly believes that the smart contract platform Ethereum (ETH) could soar by more than 2,100%. According to a new CNBC article, the UK-based bank Standard Chartered is predicting that Ethereum will eventually increase to as high as $35,000 after hitting $8,000 in about three years. Geoff Kendrick, […]
Summary UK financial regulator introduced sweeping new laws and announced strict enforcement. The regulations require companies advertising crypto assets to be FCA authorised or have their promotions approved. Many in the industry have stated the notice period was too short, some have left the UK. The Financial Conduct Authority (FCA), the United Kingdom’s financial market […]
Ark Invest, a prominent investment management firm led by Cathie Wood, has made notable adjustments to its proposal for a spot Bitcoin ETF in response to comments and queries from the U.S. Securities and Exchange Commission (SEC). These changes come after the SEC had previously raised concerns, and they mark a significant step towards the […]
The crypto landscape has evolved significantly since the inception of Bitcoin (BTC). And market observers suggest Bitcoin Spark (BTCS), Avalanche (AVAX), Stellar (XLM), and Monero (XMR) are redefining crypto standards. Avalanche Avalanche is a blockchain platform that seeks to tackle the blockchain trilemma of scalability, security, and decentralization with its unique Proof of Stake (PoS) […]
The former Alameda Research CEO placed part of the blame for FTX’s failure on CZ, while the Binance CEO claimed Ellison’s offer to buy the firm’s FTT holdings was the cause.
Smart contracts have emerged as a game-changing concept with the potential to transform a variety of sectors. When certain criteria are satisfied, these self-executing contracts automatically enforce established rules, removing the need for middlemen and manual involvement. Banking and finance The finance and banking industries have been at the forefront of using smart contracts to […]
Fourteen years ago today, on October 12, 2009, a historic moment unfolded in the world of Bitcoin as Bitcoin saw its first-ever trade for U.S. dollars. This pivotal event, orchestrated by Martti “Sirius” Malmi, a developer who worked with Bitcoin’s pseudonymous creator Satoshi Nakamoto on some of its earliest software versions, marked the birth of […]
As the cryptocurrency landscape has seen remarkable growth and innovation over the past decade, Crypto VIP recognizes the need for accessible and …
The XRP price continues to trade sideways on low timeframes as the crypto market faces a spike in selling pressure. While major cryptocurrencies will likely bleed into critical support, one analyst believes there is hope for the XRP Ledger native token. As of this writing, the XRP price trades below the critical psychological level of […]
Philippine-based crypto exchange Coins.ph says it is teaming up with fintech firm Circle to enable its 18 million Filipino users to enjoy better remittance services. In a statement, Coins.ph says stablecoin-denominated remittances enable fast, cheap and secure international money transfers. Circle is the company behind USDC, the second-largest stablecoin by market that aims to keep […]
One of the co-creators of popular meme asset Dogecoin (DOGE) is calling out the DOGE community for its lack of productivity. In a new thread on the social media platform X, Billy Markus, also known as Shibetoshi Nakamoto, says that the DOGE community doesn’t “do anything productive at all” but also adds that developing for […]
In a recent CNBC interview, Stuart Alderoty, Ripple’s top lawyer, stressed the cryptocurrency’s distinct status in the U.S., emphasizing its unique classification as a non-security following a court ruling
Summary Jim Cramer has once again voiced his dislike for digital assets. His comments come after Paul Tudor Jones said he would increase his holdings in gold and Bitcoin. Inverse Cramer” has become a popular meme, but its accuracy is inconsistent. Jim Cramer has taken another swipe at Bitcoin (BTC). Speaking on CNBC’s ‘Squawk on […]
Summary Caroline Ellison, SBF’s former lover, prepared seven balance sheets to mislead investors. SBF, Ellison and Wang allegedly plotted to manipulate the price of Bitcoin to keep it under $20k. SBF reportedly offered Chinese officials over $100m in bribes to unfreeze FTX assets. The Sam Bankman-Fried trial is the hottest news in crypto, and the […]