In an impressive 24-hour performance, Solv Protocol achieved $1.48 million in protocol fees, securing the 6th position in DeFiLlama’s rankings. This achievement places Solv ahead of notable competitors such as Solana, which garnered $1.24 million, and Uniswap, with fees of around $1.15 million. With a total value locked (TVL) now standing at $1.4 billion, Solv […]
The BRICS alliance is reportedly considering a new “petroyuan” in its latest move to compete with the world dollar hegemony. BRICS, which was originally launched as a coalition of Brazil, Russia, India, China and South Africa, has since welcomed several other countries into its union and is looking at taking its next steps at a […]
A closely followed analyst who correctly called Bitcoin’s pullback earlier this year is unveiling his most bearish scenario for BTC. In a video update, pseudonymous analyst Rekt Capital tells his 90,500 YouTube subscribers that he’s keeping a close eye on Bitcoin’s reaccumulation support at $60,000. According to the analyst, a move below this level will […]
In a recent trading activity on the crypto exchange Binance, 72% of ETHUSDT traders have taken long positions. This interesting sentiment is revealed through the trading analytics platform CoinGlass. This surge in long position is more notable as it comes after a week of Ethereum trending downwards. The strong tilt toward long positions suggests that […]
Crypto exchange Kraken has announced the delisting of Monero in the European Economic Area to maintain compliance with EU regulations.
This Bitcoin was mined only one month after initial cryptocurrency’s launch in March 2009
This rapid growth highlights the need for blockchain and cryptocurrency development services to tackle vulnerabilities posed by quantum computing.
Bitcoin mining firm TeraWulf has sold its 25% stake in the Nautilus Cryptomine joint venture to its partner, a subsidiary of Talen Energy, in a deal worth about $92 million. The company plans to use the funds to expand its operations at the Lake Mariner facility, including building the 20 MW CB-1 operation for hosting […]
The United Arab Emirates has introduced VAT amendments that impact crypto transactions, redefining tax obligations for companies in the digital asset space. Under the new rules, businesses dealing with cryptocurrencies and other digital assets must carefully evaluate their tax positions, especially as some provisions retroactively affect transactions since 2018. UAE’s VAT Amendments Introduce Retroactive Tax […]
The head macro strategist at Swissblock is predicting major moves for Bitcoin (BTC) in the final quarter of this year. Henrik Zeberg tells his 155,900 followers on the social media platform X that market conditions have reached a critical point that the macro strategist predicted two years ago. “We have now reached the bottom of […]
Comparing Giants: Here’s How Plus Wallet Can Deliver You More than Uniswap Wallet In the rapidly expanding universe of digital assets, the quest for a crypto wallet that offers both security and versatility is more pressing than ever for both traders and casual holders. On the one hand, Uniswap Wallet offers a sleek, user-friendly interface […]
The Lido (LDO) short-term position continues to be compromised in the face of a market-wide correction phase, dragging the altcoin market to the mud. As of writing, the token has lost over 20% in value, representing a massive flip in investor sentiment. The market has not been faring any better as it lost nearly 2% […]
Bitcoin’s recovery above $62,000 is having a positive impact on altcoins, boosting prospects of a rally in APT, WIF, FTM and BGB.
US economy sees whopping 254,000 jobs increase, Bitcoin (BTC) barely noticed optimistic report
UAE exempts cryptocurrency transfers, conversions from value-added tax. uae-announces-vat-exemption-crypto-transfer-conversion. By Vignesh …
Taiwan’s Financial Supervisory Commission (FSC) unveiled updated Anti-Money Laundering (AML) regulations on October 2nd. The main objective is to boost the oversight of local virtual asset service providers (VASPs). Non-compliant entities, on the other hand, will be heavily penalized. The revised regulations will supersede the existing AML framework. Updated AML Regulations Aim to Strengthen Crypto […]
Vietnamese authorities have reportedly dismantled a cross-border fraud ring involved in romance scams and fraudulent cryptocurrency schemes. Led by foreign criminals, the group operated from Laos and defrauded victims of tens of billions of dong. Key Vietnamese suspects, trained in digital deception, have been arrested for their roles in the scheme, which included using fake […]
Billionaire and Shark Tank star Mark Cuban is blasting U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler for his approach toward regulating the crypto industry. In a new interview on the All-In Podcast, Cuban says that Gensler only relies on the 1946 case of SEC v. W. J. Howey Co. when classifying crypto assets […]
BlockDAG Presale Accelerates, Nets $4M in 24 Hours While AAVE and Ethereum Draw Speculation Recent market movements show AAVE grappling with a significant downturn, as the asset witnessed an 11.27% drop yesterday. This decline calls for a cautious approach from the trading community as signs point towards possible further decreases. In contrast, Ethereum is on […]
Bittensor (TAO) has been garnering attention for its exceptional performance, surpassing Bitcoin and the broader cryptocurrency market. TAO has experienced a 15% increase in the past 24 hours, and it has appreciated by over 130% in the past 30 days. This extraordinary expansion has established TAO as one of the most successful altcoins, attracting the […]
According to PeckShieldAlert, losses from crypto hacks and exploits accounted for over $120 million in losses during September 2024.
Saylor has repeatedly promoted the largest cryptocurrency as a piece of cyberspace
Kenya is cited in the report as among the top six countries on the continent with significant stablecoin adoption and use cases.
A Russian court just froze $372 million owned by banking giants JPMorgan Chase and BNY Mellon – cash that the banks were holding in their Russian branches. The move came from the Moscow Region Arbitration Court, reports Reuters, and follows the Ukrainian central bank’s decision to revoke the license of MR Bank, a subsidiary of […]
A crypto legal expert says the U.S. Securities and Exchange Commission’s (SEC) decision to appeal a ruling in the Ripple Labs lawsuit is a huge mistake. The SEC first sued Ripple Labs in December 2020, alleging that the firm was selling the crypto asset XRP as an unregistered security. In October 2023, a judge ruled […]
Analyst Benjamin Cowen is leaning bearish on Bitcoin (BTC) amid a single-digit correction by the flagship crypto asset over the past week. Cowen tells his 814,000 YouTube subscribers in a new video that if Bitcoin fails to overcome the upper trend line formed by the series of lower highs on the weekly time frame since […]
The number of hacks in Q3 2024 has dropped to its lowest point in three years, with only 28 incidents, across which a total of $463.6 million was stolen. However, the overall outlook remains concerning as there’s no chance of recovering over $440 million of the stolen funds. Worst Recovery Rates Ever According to the […]
Coinbase has announced plans to delist Tether’s USDT and other stablecoins that do not comply with the European Union’s Markets in Crypto-Assets (MiCA) regulations by December 30, 2024. This decision is part of Coinbase’s efforts to adhere to the new rules, which require stablecoin issuers to obtain an e-money license in an EU member state. […]
ETH holders are pondering the reason for the recent ETH price crash despite the significant inflows into Spot Ethereum ETFs in the past few days. While investors show high demand for Spot Ethereum ETFs, this interest has not been seen in the ETH price. On the flip side, ETFSwap (ETFS), an Ethereum-based crypto project, has […]
Following a major price decline in Bitcoin (BTC), market sentiment dropped back to strong levels of fear, indicating that investors are becoming increasingly cautious and risk-averse. Despite this trend, on-chain data analytics provider CryptoQuant has revealed a significant increase in BTC buying momentum, resulting in the Bitcoin balances on various exchanges dropping to six-year lows. […]
SUI gained 115% in a month after integrating USDC into its blockchain, which resulted in a parabolic surge in user and network activity.
Crypto exchange Binance says that the amount of digital assets lost in hacks this year is significantly lower than the figures seen in previous years. In its Monthly Market Insights report, the largest crypto exchange in the world by trading volume says that digital asset owners have lost about $1.3 billion in hacks so far […]