Over $300 million in BTC reportedly stolen in largest crypto hack since 2022

The popularity of cryptocurrency spiked during the pandemic as people find themselves with time and energy to explore this new space.

A former bank manager has admitted to stealing from a customer’s accounts in a scheme that lasted even after the victim’s death. The U.S. Attorney’s Office for the District of New Jersey says 43-year-old James Gomes has pleaded guilty to one count of wire fraud affecting a financial institution. The DOJ says Gomes, who worked […]

Ricardo Salinas Pliego, one of the wealthiest billionaires in Mexico, has urged his followers to purchase Bitcoin as a hedge against the devaluation of fiat currencies. Salinas Pliego recommended purchasing bitcoin in response to a social media post reporting on the fall of the value of the Nigerian naira under a satoshi. Mexican Billionaire Ricardo […]

Only 10.6% of the total Ether supply is currently on centralized crypto exchanges, its lowest level in years.

Current President Joe Biden has cast aside a Bill that would repeal some tough legislation actionable by the Securities and Exchange Commission (SEC). Presently, financial institutions holding crypto for customers must present it on their balance sheets. According to several banks and digital asset companies, this creates difficulties for “regulated banking groups” holding crypto on […]

OKX, a global cryptocurrency exchange platform, has announced the launch of its services in the Netherlands. Dutch customers now have access to spot trading, including buying and selling cryptocurrencies, along with conversion services for over 150 digital assets, including more than 60 crypto-Euro pairs. Additionally, the OKX Wallet is available to Dutch customers, providing a […]

XRP price extended losses below the $0.5120 support zone. It tested the $0.5080 zone and now attempting another recovery wave toward $0.5350. XRP is struggling to start a fresh increase above the $0.5250 resistance zone. The price is now trading below $0.5150 and the 100-hourly Simple Moving Average. There is a key bearish trend line […]

A pro-crypto US senator is calling out the Biden Administration after the president vetoed a digital asset bill that passed the House and the Senate. In a new statement on the social media platform X, Republican Senator Cynthia Lummis of Wyoming says that the Biden Administration is attempting to skirt the law by vetoing a […]

While the global crypto market remains down today, Apecoin APE appeared weak on the day and lost a total of 3% weekly. It is yet to signal a surge, finding a breakout of structure as it continues to consolidate daily. Starting the second quarter of this year on a loss, Ape found support above the […]

More than 800,000 ether (ETH) worth approximately $3 billion has left crypto exchanges since the United States Securities and Exchange Commission (SEC) approved the launch of spot Ethereum exchange-traded funds (ETF). According to a Quicktake by CryptoQuant analyst Burakkesmeci, the identities of the crypto investors behind the ETH moves remain unknown; however, there are speculations […]

Recent analytics report shows that large investors becoming increasingly more confident in second largest cryptocurrency

While the US Securities and Exchange Commission made another move to embrace cryptocurrency by approving exchange-traded funds tied to the price …

TL;DR The GME cryptocurrency on the Solana blockchain has increased by more than 244% in 24 hours following a revelation by Keith Gill about his GameStop call options. GameStop shares also experienced a bullish rally, nearing a 100% increase in the market. A trader took advantage of the boom, selling 3.5 million tokens for $43,000. […]

Keith Gill, the trader linked to the 2021 GME short squeeze, has returned to Reddit claiming he’s made a big bet on GameStop, sending the stock’s price surging overnight markets.

China and the United Arab Emirates (UAE) have acknowledged the crucial role of central bank digital currency (CBDC) in facilitating cross-border trade and investment. In a joint statement, the two countries expressed their commitment to deepening bilateral and multilateral cooperation with respect to their CBDCs. China also expressed appreciation for the UAE’s recent direct cross-border […]

Ethereum (ETH) co-founder Vitalik Buterin just gave a substantial amount to support the legal battle of Tornado Cash developers Alexey Pertsev and Roman Storm. Data from Ethereum blockchain explorer Etherscan shows that Buterin transferred 30 ETH worth $113,678 to the “Free Alexey & Roman” legal fund on May 30th. Tornado Cash is an Ethereum-based coin […]

Unrealized losses in the US banking system are once again on the rise, according to new numbers from the Federal Deposit Insurance Corporation (FDIC). In its Quarterly Banking Profile report, the FDIC says banks are now saddled with more than half a trillion dollars in paper losses on their balance sheets, due largely to exposure to […]

GameFi token Notcoin has exploded by 330%+ in less than a week of trading, closing in upon top 50 coins by market cap. Trading volume, community hype and Notcoin’s active player base have all grown since the NOT token launch two weeks ago. The game is an idle clicker constantly under development, just recently adding […]

Michaël van de Poppe sees Bitcoin’s sideways trend as a precursor to an imminent altcoin season with potential for significant price increases. Spot Ethereum ETF approvals in the US signal the start of a strong altcoin season, with expected market lift-off post S-1 filing approvals. Van de Poppe highlights altcoins like Optimism, Arbitrum, and Woo […]

Solana declined again and tested the $160 support zone. SOL price is consolidating and might recover if it clears the $166 resistance zone. SOL price corrected lower and tested the $160 support zone against the US Dollar. The price is now trading below $168 and the 100-hourly simple moving average. There is a connecting bearish […]

Geopolitical tensions and inflation have prompted an increasing number of American voters to turn to Bitcoin, according to a recent Harris Poll survey of likely U.S. voters. Funded by Bitcoin ETF issuer Grayscale, the survey reveals that one in three U.S. voters will consider a political candidate’s stance on cryptocurrencies before deciding how to vote. […]

Dogecoin creator Billy Markus slams crypto market, calling it rigged casino full of dumb people

Bitcoin (BTC) has undeniable appeal for investors in crypto assets. However, restricting one's investment solely to this cryptocurrency may result …

Cardano founder Charles Hoskinson praised Bitcoin (BTC) for its impressive innovation, which has driven the blockchain landscape forward. However, the spotlight has shifted to Ethereum amid the recent approval of Spot Ethereum ETFs, which begs the question, “Can Ethereum (ETH) still flip Bitcoin (BTC)? Amid the exciting price action on these two cryptocurrencies, ETFSwap (ETFS) […]

Linea said it halted the sequencer as a “last resort” action to prevent additional funds from bridging out but intends to decentralize in the near future.

A veteran trader with a history of several accurate macro crypto calls is revealing what he thinks could be the maximum upside price target for Bitcoin (BTC) this market cycle. Pseudonymous trader Dave the Wave shares with his 146,000 followers on the social media platform X a chart using his version of the logarithmic growth […]

A crypto analyst says whales have abruptly accumulated tens of millions of dollars worth of Dogecoin (DOGE) in just a matter of days. Crypto strategist Ali Martinez tells his 63,100 followers on the social media platform X that deep-pocketed investors have snapped up 700 million DOGE worth $112 million in just 72 hours. Source: Ali […]

The decentralized exchange Velocore confirmed a breach on its platform on June 2, during which attackers stole ethereum tokens worth an estimated $6.8 to $10 million. The Velocore team is actively pursuing the hackers and is open to negotiating a settlement. Hackers Exploited Vulnerabilities Within the CPMM Pool Contract The decentralized exchange Velocore on Zksync […]

The winds of change are blowing through the Ethereum ecosystem. Since the long-awaited approval of spot Ether ETFs in the US on May 23rd, a quiet exodus of Ether has been underway. A massive amount of the world’s second-largest cryptocurrency, or around $3 billion, has vanished from centralized exchanges, marking the lowest level of Ether […]

85-year-old former attorney David Kagel has admitted guilt in a conspiracy to operate a cryptocurrency Ponzi scheme, defrauding victims of over $9.5 million. Once a legal authority figure in Beverly Hills, California, Kagel now faces a maximum penalty of five years in prison for his involvement in the Ponzi scheme. Crypto Ponzi Scheme Kagel stood […]

Pepe (PEPE) is set to end this month on a high note after reaching a new record hgh just a few days ago