TL;DR DTCC, Chainlink, and several financial institutions successfully complete a pilot to tokenize funds. Key financial players like JPMorgan, Templeton, and BNY Mellon participated alongside Chainlink. The pilot demonstrates the possibility of embedding fundamental data in multiple on-chain use cases, increasing operational efficiency. The Depository Trust and Clearing Corporation (DTCC), in collaboration with Chainlink and […]

The post ‘It’s Over for Memecoins’: Trader Who Nailed 2022 Crypto Bottom Turns Bearish on dogwifhat and Pepe – Here’s Why appeared first on Crypto News Australia.

BitConnect’s national promoter in Australia, John Bigatton, pled guilty to his role in promoting the scam after three and a half years of his indictment. He promoted the fraudulent cryptocurrency scheme on social media, hosted seminars across the country, and had face-to-face meetings with victims, persuading them to invest in the scheme. Bigatton pled guilty […]

Recent 13F SEC filings have revealed several major US financial institutions are allocating serious money to Bitcoin via spot ETFs, with these filings disclosing the holdings of institutional investors with over $100 million allocated. After the SEC approved several spot Bitcoin ETFs earlier this year, investors have eagerly awaited these disclosures. The filings reveal names […]

A Nigerian court is reportedly ruling that a detained Binance executive can face trial as a representative of the crypto exchange platform. According to a new report by Reuters, a Nigerian court ruled that U.S. citizen Tigran Gambaryan – Binance’s chief financial compliance officer – can stand trial on behalf of the world’s largest crypto […]

Former CFTC Chairman Chris Giancarlo discusses former President Trump saying he would embrace cryptocurrency if elected on 'The Claman Countdown.'

The race to achieve the fastest blockchain transaction processing speeds is heating up, Solana (SOL) is in the spotlight as a new report from crypto data aggregator CoinGecko reveals some surprising findings.  The study analyzes the real-world transaction per second (TPS) performance of a range of large blockchain networks, both Ethereum-based and non-Ethereum (ETH) Virtual […]

Pink Drainer, infamous for aiding in crypto thefts, decided to shut down operations after amassing over $85 million in stolen assets.

ICP is slowly picking up again after witnessing a huge reduction in the past weeks. Showing signs of strength in the past hours, the price is now up 15% following a sharp bounce off a key level this week. More gains lie ahead! The past month’s recovery appeared to have brought a temporal halt to […]

Old Ethereum wallets move big money as ETH price spikes

[PRESS RELEASE – Singapore, Singapore, May 17th, 2024] Mining Now, a trusted and reputable real-time crypto-mining insights provider company, is thrilled to announce the launch of its versatile platform that attempts to give unbiased insights associated with crypto mining as well as real-time Asic profitability tracking where people can analyze and compare the crypto mining […]

Base, the Ethereum Layer 2 solution incubated by Coinbase, has announced the Onchain Summer Buildathon. The event, which runs from May 31st to June 30th, invites builders worldwide to showcase their skills in various onchain use cases, including payments, commerce, gaming, and social. The Buildathon offers 200 ETH in total prizes across eight sponsored tracks, […]

A major crypto investment firm is reportedly the latest victim of a security breach in the digital asset industry. Bloomberg reports that hackers have compromised and partially drained the main hedge fund of BlockTower Capital. The institutional investment firm with $1.7 billion in assets under management (AUM) has made investments in several Web3 firms, including […]

The Financial Crimes Compliance department of Binance has partnered with Taiwan’s Ministry of Justice Investigation Bureau and the Taipei District Prosecutors Office to address a money laundering case involving 200 million New Taiwan dollars ($6.2 million) in digital asset fraud. Gathering Evidence in Crypto Fraud Case An official statement revealed that the operation targeted criminals […]

Today, the Proof of Workforce Foundation, a 501(c)(4) tax-exempt nonprofit organization, has announced the addition of two distinguished members to its Board of Directors: Ajit Singh and Raphael Zagury, according to a press release sent to Bitcoin Magazine. This duo is being brought on to further strengthen the Foundation’s mission to promote meaningful, education-based Bitcoin adoption among […]

TL;DR Fantom’s Sonic upgrade drives a notable increase in the performance of the FTM token, reflecting the success of the platform’s strategic initiatives. FTM rose by 10.20% over the last seven days, reaching $0.8082, an appreciation of 20 cents compared to the previous week. The protocol’s TVL has experienced an 83% growth, from $111 million […]

TL;DR Velar and Bitlayer launch the first perpetual Bitcoin DEX on the layer 2 of the network, driving decentralized financial solutions based on BTC. The DEX will allow leveraged trading of assets, including BTC, without risks associated with centralized custody, expanding investment opportunities. Bitlayer brings advanced infrastructure on Bitcoin’s layer 2, ensuring secure execution of […]

We do the research, you get the alpha! Go to Alpha Reports A purported former Pump.fun employee drained an estimated $2 million worth of Solana from the protocol yesterday. This resulted in wallet provider Phantom blocking the site, a number of tokens getting stuck in bonding curve contracts, and trading being paused. Less than 24 […]

Michaël van de Poppe sold his Bitcoin holdings mid-bull run for altcoins, a move driven by a strategic belief in the broader crypto ecosystem’s potential. He plans to buy back more Bitcoin with the profits from his altcoin investments, viewing current market shifts as temporary. Van de Poppe’s decision reflects his readiness to embrace high […]

The bounce we have witnessed this week on the cryptocurrency market has been validated by the growth of stablecoins' market capitalization.

XRP price shows positive signs above the $0.5100 resistance. The price could gain bullish momentum if it clears the $0.520 and $0.5220 resistance levels. XRP is eyeing a fresh increase above the $0.520 level. The price is now trading above $0.510 and the 100-hourly Simple Moving Average. There is another short-term declining channel forming with […]

Working with Binance, Taiwan prosecutors pieced together the evidence, resulting in the indictment of nine individuals for financial crimes, including money laundering and fraud.

Take a look at what U.Today has prepared for you in its latest crypto news digest!

One widely followed crypto analyst says Bitcoin’s latest rally is turning an old BTC resistance into new support. Pseudonymous crypto trader Rekt Capital tells his 468,200 followers on the social media platform X that BTC’s 2% leap in the last 24 hours could be the end of a downtrend. “BTC is breaking its Daily Downtrend” Source: Rekt Capital/X According to […]

Former Goldman Sachs executive Raoul Pal thinks the global liquidity cycle will drive crypto prices higher. In a new YouTube video, Pal tells his 703,000 subscribers that there are currently macroeconomic sources of liquidity “everywhere,” including upcoming monetary policy choices from the U.S. Federal Reserve. The Real Vision chief executive also notes that global liquidity […]

Option2Trade (O2T) is on a promising journey to reach the $10 milestone, fueled by strategic planning and strong market fundamentals. Experts and investors alike are optimistic about its potential, drawing comparisons to Dogecoin (DOGE) while highlighting Option2Trade’s (O2T) unique advantages. With its innovative features, upcoming CEX listing, and strategic partnerships, Option2Trade (O2T) is well-positioned to […]

Bitcoin’s price has been struggling to gain momentum post-halving. However, the world’s leading cryptocurrency underwent a significant recovery above $66,000 this week, bringing much-needed optimism after several uneventful weeks. The current data indicates that the $60,000 price point has become a crucial on-chain support level, backed by new whale accumulation and the stability of long-term […]

The Hashgraph Association, a Swiss non-profit organization, has partnered with the Qatar Financial Centre (QFC) to launch a $50 million digital assets venture studio. The venture studio aims to support companies in developing regulatory-compliant decentralized finance (defi) solutions. Supporting Web3 Startups With Bankable Defi Solutions The Hashgraph Association, a non-profit organization based in Switzerland, has […]

A Nigerian court’s ruling today (Friday) has paved the way for Binance executive Tigran Gambaryan to stand trial on behalf of the cryptocurrency exchange in an ongoing tax evasion case. Alongside Gambaryan, a US citizen and Head of Financial Crimes Compliance, British-Kenyan national Nadeem Anjarwalla, a Regional Manager for Africa, also faces four counts of […]

This article is featured in Bitcoin Magazine’s “The Inscription Issue”. Click here to get your Annual Bitcoin Magazine Subscription. Bitcoin has for most of its lifetime been seen as a monetary network, whereby users can send and receive the native token BTC. Given the tremendous price appreciation since its inception in 2009, the monetary good […]

An analyst has explained how the data of an oscillator for Bitcoin could suggest the cryptocurrency still has plenty of room to run in this rally. Bitcoin VWAP Oscillator Could Imply Potential For Further Upside In a new post on X, analyst Willy Woo discussed what the latest trend in the Volume-Weighted Average Price (VWAP) […]

Most of the newly launched tokens function as “exit liquidity” for insiders capitalizing on the lack of retail access, due to their high initial FDV.