In a significant development for the Bitcoin Ordinals ecosystem, OrdinalsBot has successfully procured more than $1 million in seed funding. Founded only earlier this year, on February 7, 2023, the platform quickly set itself apart by becoming the premier automated inscription service in this niche sector. Through its groundbreaking features, OrdinalsBot is democratizing access to […]
In the past, many have argued whether or not the XRP token was deflationary or not. In support of the former, pro-XRP crypto analyst Panos Mekras has provided data that suggests that the token has deflationary characteristics. Number Of Tokens Burned So Far In a tweet shared on his X (formerly Twitter) platform, Mekras referenced […]
As the final quarter of 2023 finally arrives, strategic investors are keeping an eye out for potential winners. In this article, we will delve into three prominent players: Dogecoin (DOGE), Cardano (ADA), and the up-and-coming Tradecurve Markets (TCRV). Summary Dogecoin’s leading status in the meme ecosystem and the broader market position it as a compelling […]
Crypto firms such as Binance, OKX and MoonPay have announced they’ve been working to comply with the United Kingdom’s new financial promotion rules.
Summary Lawyer and founder of Cryptolaw US John Deaton tweeted out against media and community members sympathising with SBF. Deaton believes that SBF’s parents should be held accountable. The SBF trial’s first week was full of intrigue, with testimonies revealing a US $65 billion backdoor between crypto exchange FTX and partner company Alameda Research. SBF’s […]
The British financial market regulator was not idle over the weekend, adding 143 new entities to its warning list, primarily from the cryptocurrency sector. Notably, the updated Financial Conduct Authority (FCA) list includes well-known brands such as the cryptocurrency exchanges KuCoin and Huobi. The move is deliberate, as new cryptocurrency regulations came into effect in […]
Cryptocurrency: Bitcoin Case: Sit Raids Premises Of 4 Cops, 2 Cyber Experts | Bengaluru News – Times of India. About usPrivacy policyTerms of Use …
Winter is coming, and with that means a shifting of demands for power and a reshuffling of power generation capacity. During the coldest months of the year the northern hemisphere receives less direct sunlight and shorter daylight hours, making winter a literal cold season for solar generation. With marked difficulty on infrastructure that is not […]
Shiba Inu (SHIB) investors have been caught in a whirlwind of uncertainty for the past month as the cryptocurrency’s price has stubbornly clung to a narrow range between $0.0000075 and $0.000007. This protracted period of stagnation has left traders and enthusiasts alike scratching their heads, wondering when the next significant move might occur. The current […]
On-chain data shows that Tron (TRX) founder Justin Sun is suddenly relocating hundreds of millions of dollars worth of Ethereum (ETH). Crypto tracker Lookonchain initially spotted Sun’s series of ETH transactions to the tune of $132 million. According to Lookonchain, Sun is withdrawing the massive Ethereum trove to the tune of 80,251 ETH from the […]
Three of America’s biggest banks are getting hit by the Commodity Futures Trading Commission (CFTC) for failing to properly report millions of transactions in the swaps market. JPMorgan Chase, Bank of America, and Goldman Sachs have been ordered to pay $15 million, $8 million and $30 million in fines, respectively. According to the CFTC, Goldman […]
The roadmap is based on a bottom-up approach that suggests providing businesses with tools to prepare for future requirements before adopting any laws.
Friend.tech’s Total Value Locked (TVL) has undergone a substantial decline recently, registering its most significant single-day drop of 7.8% in early October, indicating a noteworthy downturn in performance. Additionally, there has been a significant redemption of keys on Friend.tech, with reports of ongoing sim swap attacks casting a shadow over the network. Massive Drop in […]
OpenSea ‘unaware’ of any involvement of former exec in $60M rug pull Nonfungible token (NFT) platform OpenSea says it is unaware of any evidence pointing to a former employee being involved in the infamous AnubisDAO rug pull in 2021 following new accusations on social media. In an Oct. 6 thread on X, the anonymous account […]
Summary Elon Musk has become the most followed person on X. Everything App is still about payments, but what about crypto? Billionaire Bill Ackman ready to work with Musk on IPO. Most followed Person Elon Musk’s follower count has surpassed 159 million, making him the most followed person on X. For context, his favorite crypto […]
Let’s take a look at BNB price chart dynamics as early Binance coin investor moves large amounts to exchange
The rapidly evolving crypto market is set to witness yet another milestone as Deribit, the world’s preeminent crypto options exchange, prepares to launch options contracts for XRP, Solana (SOL), and Polygon (MATIC). Given the dominating position of Deribit in the options sphere, this inclusion could have noteworthy ramifications on the pricing dynamics of XRP. Deribit […]
Cryptocurrency exchanges, including Binance and OKX, have embarked on measures to adhere to the United Kingdom’s new Financial Promotions (FinProm) Regime, implemented by the Financial Conduct Authority (FCA) on October 8. The regulations aim to ensure fairness, transparency, and cleanliness in cryptocurrency promotions. UK Cryptocurrency Regulations: Challenges and Compliance Efforts for Global Firms On October […]
Following a significant security breach in September, Huobi Globals HTX has successfully reclaimed stolen cryptocurrency funds.
Billionaire investor Ray Dalio says that the “cash is trash” mantra is no longer true amid significant shifts in the macroeconomic landscape. In a new discussion at the Greenwich Economic Forum, Dalio says financial conditions have changed enough in the last several years that cash is now a “relatively attractive asset class,” at least for […]
Negotiators in the EU are reportedly considering additional restrictions for large AI models – like OpenAI’s GPT-4- as a component of the forthcoming AI Act.
Elliptic analysts had predicted that the amount laundered through DEXs, bridges, and coin swaps would rise to $6.5 billion by the end of 2023 and $10.5 billion by 2025. Blockchain analytics platform Elliptic has found through recent on-chain analysis that criminals, including the notorious North Korean hacking group Lazarus, have laundered approximately $7 billion of […]
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HTX, Huobi Global’s crypto exchange, has recently announced the return of the funds that were stolen back in late September and issued a bounty after resolving the issue. Back then, one of the exchange’s hot wallets was drained of almost 5,000 ETH tokens which accounted for almost $8 million at that time. HTX tried contacting […]
Galxe’s website went offline for almost an hour just 40 minutes after suffering a security breach that affected its DNS record. According to the announcement, Galxe warned users from visiting the website until the situation was thoroughly resolved. Later on, many users wondered if the website was safe to use again, and Galxe clarified that […]
Bitcoin’s (BTC) market structure is currently suggesting that an uptrend is now underway, according to crypto analyst Jason Pizzino. In a new strategy session, Pizzino tells his 290,000 YouTube subscribers that if BTC can convincingly settle above the $28,400 mark, a strong upward surge will likely form afterward. $28,400 is that key level, but it […]
Kozhikode police investigate ₹2.85 crore cryptocurrency fraud. Businessman cheated after responding to Instagram promotional campaigns.
Yuga Labs CEO Daniel Alegre said the firm was stretching itself thin by taking on too many projects and will now focus on its core aims with a smaller team.
Recent research conducted by the crypto market intelligence firm Messari has revealed that crypto fundraising in the third quarter of 2023 declined to levels last seen in the final quarter of 2020. According to the State of Crypto Fundraising report, the last quarter recorded new lows in both funding amounts and deal counts. The overall […]
Dogecoin, which began as a meme cryptocurrency, has demonstrated that it can compete successfully in the crypto market. Although Dogecoin is still the biggest meme crypto, on-chain data points to the crypto losing steam among whale investors. According to data from IntoTheBlock, the number of Dogecoin transactions valued at $100,000 or more has declined sharply […]
Billionaire investor Bill Ackman is issuing a warning, saying that there’s an imbalance between buyers and sellers of US government bonds. In a new CNBC Television interview, Ackman says there are plenty of reasons why the Federal Reserve could make abrupt changes to its benchmark interest rates. According to the billionaire, the US bond market […]