Taiwan’s Financial Supervisory Commission (FSC) has issued a directive, instructing banks to deny virtual asset providers (VASPs) the status of merchants for credit card transactions. This move signals Taiwan’s cautious approach to cryptocurrencies, creating a significant ripple in the global financial landscape. As a result, credit card usage for cryptocurrency purchases is effectively blocked in […]

An Ethereum (ETH)-based altcoin is exploding in value after ETH founder Vitalik Buterin said the project is vital to the crypto ecosystem. Buterin tells his five million followers on the social media platform X that all layer-2 (L2) projects should integrate with Ethereum Name Service (ENS), a platform that lets users buy a “domain name” […]

A Chinese state-owned newspaper has warned that corrupt officials could be funneling crypto into cold storage to avoid investigations. Legal Daily, a media outlet directly under the control of the Chinese Communist Party (CCP), notes in a new report that experts at the China Integrity and Legal Research Association’s 2023 annual meeting drew attention to […]

Following latest breakout in Bitcoin’s price, some altcoins recovered well from their recent lows, with Solana rising by 5% today. It encountered resistance and quickly washed gain within a blink. Solana took a small break in bullish last week after witnessing a massive price explosion in the preceding weeks. This culminated into small weakness in […]

[PRESS RELEASE – Singapore, Singapore, January 3rd, 2024] Bunzz pte ltd (Singapore), the operator of the Web3 development infrastructure “Bunzz”, has announced the release of the open beta version of its AI-powered smart contract audit tool “Bunzz Audit”. The company is starting to provide Free Audit Reports for the first 20 projects. Overcoming Challenges in […]

Astounding amount of XRP transferred to major trading platform Bitstamp

Anime and filmmaking legend Hayao Miyazaki has become the unfortunate face of a recent cryptocurrency phishing scam in Japan.

Now that we have seen how instant settlement can affect the construction industry let’s see the next industry that can have a huge impact – logistics. To begin, let’s examine the logistics industry through the lens of an online order example. What unfolds when we select a product on a website that requires delivery to […]

Arbitrum (ARB), a layer 2 (L2) protocol has achieved yet another major milestone in its Total Value Locked (TVL) reaching new heights, following a surge in the crypto asset’s price. Arbitrum Sees Surge In Total Value Locked (TVL) According to the L2beat platform, Arbitrum’s TVL recently went past the $10 billion mark putting it in […]

The crypto exchange OKX will ask UK consumers a series of questions to test their crypto knowledge and risk management. If the users fail the test, they might come under the risk of being ineligible to hold their OKX account. The UK Financial Conduct Authority’s (FCA) new regulations on crypto-asset advertisements are now in full […]

Cross-chain lending protocol Radiant Capital (RDNT) lost 1,900 ETH to a decentralized finance (DeFi) exploit that attacked a new lending market for the USDC stablecoin. The attacker targeted the Ethereum layer-two solution Arbitrum protocol on January 2, 2024. The Radiant team received reports of an issue regarding a new USDC market on Arbitrum late on […]

The Bitcoin market left behind a very long crypto winter in 2023, allowing companies in the industry to continue their dynamic development. Among them was Bitget, the crypto exchange that celebrated its fifth anniversary and expanded significantly across several key metrics. Gracy Chen, the Managing Director of Bitget, published an open letter in which she […]

The co-founder of a crypto wallet says he has been “devastated” by accidentally clicking on a fake airdrop scam. Nest Wallet co-founder Bill Lou says he recently lost over $123,000 in staked Ethereum (stETH) while trying to participate in an airdrop. On the social media platform X, Lou shares his story, noting that fell victim to […]

The decentralized cross-chain protocol Orbit Bridge is in talks with law enforcement agencies after a hacker looted the project for more than $81 million worth of crypto. The hacked project serves as a bridging service for Orbit Chain (ORC), a cross-chain platform focused on scalability. Orbit Chain announced the hack on Sunday, then noted the […]

With the Bitcoin halving expected to happen today, crypto enthusiasts are already starting to take positions in various altcoins. Among these, there are a number of coins that have shown a lot of promise when it comes to reaching the $100 price mark and this report takes a look at three. MoonRiver (MOVR) Tops Lists […]

In the ever-evolving world of cryptocurrency, recent weeks have witnessed a notable event—the initial outflows from crypto funds in 11 consecutive weeks. This departure from the norm has sparked conversations and raised eyebrows among investors and enthusiasts alike. A digital asset investment firm, CoinShares, reported a substantial capital flight of $16 million, marking a potential […]

Michael Saylor, the founder and former CEO of enterprise software firm MicroStrategy, is selling $216 million worth of MSTR stock from his personal holdings. In contrast, the Bitcoin supporter has not informed that he will be disposing of any of his BTC stash. Stock Value Nearly Quadrupled YoY Microstrategy has famously bought Bitcoin whenever possible, […]

Shiba Inu kicked off 2024 on positive footing

In the world of cryptocurrency, phishing attacks are a growing concern that demands constant attention. A recent report by Check Point Research …

Originally posted on Unlimited Hangout. One of the oddest and most mysterious relationships that emerged out of the collapse of FTX last year was Alameda Research’s unusual relationship with Farmington State Bank, one of the smallest, rural banks in the United States that came under the control of Jean Chalopin in 2020. Chalopin is best […]

CNBC personality Jim Cramer is suddenly flipping bullish on Bitcoin (BTC) after dismissing the digital asset last year. In a new episode of CNBC’s Squawk on the Street, Cramer says that Bitcoin has a bright future in the finance world, having survived sharp criticism and other challenges. “This thing is, you can’t kill [Bitcoin]. And […]

Jack Mallers, CEO of the payment platform Strike, surprised many by publicly announcing his decision to completely divest from US dollars, choosing instead to invest entirely in Bitcoin (BTC). This announcement was made through an extensive post on his X account on January 3rd. Mallers’ decision is grounded in his critical perspective toward the American […]

The imminent potential of a Bitcoin ETF backed by real assets has raised high expectations in the financial sphere, especially among institutional investors. According to John Palmer, president of CBOE Digital, the approval of this exchange-traded fund could mark a crucial milestone by opening the doors for the participation of pension funds and other funds […]

The Polygon (MATIC) price finally reached a close above a long-term descending resistance trend line that had been in place since the all-time high. Despite the breakout, MATIC failed to accelerate its rate of increase. Will it do so soon? Polygon Closes Above Long-Term Resistance The MATIC price had decreased below a long-term descending resistance […]

The anticipation and rivalry surrounding the United States Securities and Exchange Commission (SEC) decision on approving or denying the Bitcoin exchange-traded fund (ETF) has heightened as the deadline approaches. Recent reports highlight intentional fee adjustments to strengthen the position of applicants in their Bitcoin ETF product offerings. Bitcoin ETF Applicants Rivalry for Approval In the […]

All attention of crypto investors has turned toward January 10 when the first Spot Bitcoin ETF is expected to be approved. As usual, the excitement triggered by this has seen prices recover across the space, with no doubt about the bull sentiment leading up to the event. However, arguments have arisen about whether this bullish […]

Despite retracing slightly since yesterday’s peak at almost $46,000, the primary cryptocurrency has managed to defend the $45,000 level. Most altcoins have slipped hard today, including yesterday’s top gainers – Solana, Avalanche, and MATIC. BTC Slides Back Down to $45K Bitcoin had a quiet last week of 2023, in which it stood mainly in a […]

A remarkable move in the cryptocurrency market has been observed as an anonymous sender transferred approximately 59.9 million Dogecoins, worth about $5 million, to Coinbase

Investors added $347.7 million to crypto-focused exchange-traded products during the past month and $2.09 billion in the past year, according to …

On-chain analytics platform CryptoQuant believes that a deep corrective move is brewing for Bitcoin as the market eagerly anticipates the possible approval of spot-based BTC exchange-traded funds (ETFs). In a research report, CryptoQuant says that the approval of Bitcoin ETFs sometime this month could be a sell-the-news event as BTC investors are now sitting on […]

A crypto gambling website foresees a high probability that a spot Bitcoin (BTC) exchange-traded fund (ETF) will be approved by mid-January. According to the crypto betting site Polymarket, there are 88% odds that the U.S. Securities and Exchange Commission (SEC) will approve a BTC spot ETF by January 15, 2024. According to a recent report by Reuters, […]

Ethereum advanced bullish this week and broke out to a new yearly high. But it saw a rejection and failed to sustain bullish momentum. The price slipped and now looks weak on the daily timeframe.  Following a quick recovery above the $2100 level in the mid-month, Ethereum’s price increased and flipped the peak of $2403 […]