In a new twist to the ongoing saga between crypto lenders and exchanges, Genesis Global Capital, which filed for bankruptcy in January, has launched a lawsuit against the cryptocurrency exchange Gemini. The legal action seeks to recover a substantial sum of $689 million in preferential transfers, according to court documents filed on November 21. Legal […]
The firm behind the second-largest dollar-pegged crypto asset by market cap is launching a new token standard for their stablecoin. According to a new announcement, Circle is introducing the Bridged USDC Standard, a new standard and process for deploying a bridged form of USDC on Ethereum Virtual Machine (EVM) blockchains. Circle says that the bridged USDC […]
Binance CEO and founder, Changpeng Zhao set to plead guilty to violating U.S. anti-money laundering laws; Zhao is expected to step down and pay …
The crypto rumor mills have been abuzz lately with talk of JPMorgan, a US megabank, secretly buying XRP tokens. This rumor has gained ground and in the course of its spread, has garnered the attention of the crypto community as they dissect it. JPMorgan Reportedly Buys 7.5 Million XRP The first reports of this rumor […]
Many on Twitter compared the Binance settlement with the U.S. Department of Justice to the deal with BitMEX crypto exchange, whose then-CEO was also forced to step down.
Libra creator David Marcus has put forth a compelling argument asserting that the Lightning Network is the singular solution to scale Bitcoin effectively. Marcus, a prominent figure in the cryptocurrency space, contends that alternative blockchain products either exhibit excessive centralization or lack the necessary security measures. Marcus Advocates for Lightning Network In a post on […]
As the November 24 date approaches, Avalanche (AVAX) investors are cautiously anticipating an upcoming unlock of nearly 10 million tokens that could have a significant impact on the market. The scheduled event will release 9.54 million AVAX, representing approximately 2.68% of the circulating supply. This move will be of great importance as these tokens will […]
Another cryptocurrency exchange has just announced that it is disappearing from the market. Bittrex Global, originating from Liechtenstein, will suspend trading and operations in US dollars from the beginning of next month. This occurred after the US Securities and Exchange Commission’s (SEC) actions that began in April led to the closure of the platform’s distinct branch […]
A widely followed analyst and trader is turning bullish on OpenAI founder Sam Altman’s Worldcoin (WLD) project. The analyst pseudonymously known as The Flow Horse tells his 186,800 followers on the X social media platform that Worldcoin is showing strength despite the unfolding Altman drama. On Friday, Altman was reportedly ousted from OpenAI and later […]
The total value locked (TVL) on the decentralized social finance (SocialFi) application Friend.tech fell 19% in a few days as user adoption slows down. Friend.tech, which launched in August, is built on Base, an Ethereum (ETH) scaling solution supported by the Coinbase crypto exchange. The application allows users to tokenize themselves by selling shares or […]
The U.S. Justice Department, Treasury and CFTC reportedly plan to announce settlements for many of the criminal and civil cases against Binance and CZ on Nov. 21.
1.12 million in cryptocurrency has been seized as part of a national and international investigation into money laundering and fraudulent text …
Decentralized finance (DeFi) activity on Ethereum is picking up momentum based mainly on how gas fees have been trending in the first three weeks of November, data from Kaiko shows. Even so, despite Uniswap (UNI) spearheading the revival, looking at the gas attributed to its activities over this period, UNI prices remain stagnant below $5.6, with […]
The global division of Spanish financial institution Banco Santander – Santander Private Banking International – has reportedly introduced a new feature that enables customers with Swiss accounts to engage in the investment and trading of Bitcoin (BTC) and Ethereum (ETH). Given Banco Santander’s extensive history of more than 160 years and its broad customer base […]
Real Vision CEO Raoul Pal thinks Bitcoin’s (BTC) rally is all about the global liquidity cycle. In a new analysis, the former Goldman Sachs executive lays out how he believes crypto is tied into the traditional macroeconomic framework. “Below you will find a chart of ISM (our preferred barometer for the business cycle) versus what […]
Investing legend Ray Dalio is warning that the United States is at a point where its enormous debt could become out of control. In a new CNBC interview, the billionaire says that the country is not generating enough revenue to meet financial obligations. “The longer term is that we are at a point in which […]
Phoenix Group’s IPO concluded with 33-fold oversubscription in UAE
The financial underpinnings of Hamas reveal a nuanced strategy involving global transactions and the exploitation of cryptocurrency. With an estimated annual income exceeding $1 billion, Hamas relies on physical force, ideological influence, and a diverse income stream located overseas. A significant portion of this income, around $750 million annually, comes from foreign sources. Cryptocurrency, particularly […]
On November 19, 2023, Argentine voters elected Javier Gerardo Milei, an Austrian economist known for his candid and unconventional style, as their new president. He ran on a platform promising substantial reforms: cutting spending, reducing government intervention, addressing inflation, and eliminating the central bank. Milei’s path to victory was unexpected. In the general elections, he […]
The house that CZ built will now be helmed by its head of regional markets, as the U.S. Department of Justice has barred the former CEO from his position.
Blast, a new Ethereum Layer-2 solution, has made a remarkable debut, attracting over $42.0 million within 24 hours of its launch. This rapid influx of funds underscores the growing interest in Layer-2 solutions, which aim to enhance the scalability of the Ethereum network while maintaining its robust security. Over $42.0M has already been blasted over […]
BNB is rallying on the news that the U.S. Department of Justice (DOJ) is seeking to close a criminal case against Binance. According to a new Bloomberg report, the DOJ is seeking over $4 billion from the largest crypto exchange by trading volume to settle a multi-year investigation. A separate report from the Wall Street […]
Coin Prices Bitcoin $37,086.00 -1.04% Ethereum $2,000.28 -1.67% BNB $243.85 -5.21% XRP $0.599765 -2.99% Solana $54.85 -3.99% Cardano $0.372739 -3.37% Dogecoin $0.075391 -4.94% TRON $0.097663 -4.08% Chainlink $14.09 -4.40% Avalanche $20.71 -2.89% Polygon $0.759787 -7.50% Polkadot $5.04 -5.84% Wrapped Bitcoin $36,983.00 -1.34% Litecoin $68.33 -2.35% Shiba Inu $0.00000811 -5.12% Bitcoin Cash $227.18 -0.31% Uniswap $5.00 […]
WASHINGTON — The world's largest cryptocurrency exchange has agreed to pay more than $4 billion as part of an agreement with the U.S. government, …
Binance Coin (BNB), the native token of the Binance cryptocurrency exchange, has experienced a sharp decline of 10% following reports that Binance is preparing to settle criminal charges with the US Department of Justice (DOJ) through a $4.3 billion fine. Binance CEO To Plead Guilty The Wall Street Journal has disclosed that Binance CEO Changpeng […]
A closely followed crypto strategist warns that Ethereum (ETH) will continue to lag behind the flagship digital asset Bitcoin (BTC). Trader Credible Crypto tells his 353,200 followers on the social media platform X that the Ethereum versus Bitcoin pair (ETH/BTC) is still in a macro downtrend. According to the analyst, the ETH/BTC rally spurred by […]
Payments giant Mastercard is partnering with an artificial intelligence (AI) firm to combat crypto fraud. Mastercard plans to integrate its crypto intelligence solution, CipherTrace Armada, with a platform developed by financial risk management solution Feedzai, according to a recent press release. Feedzai estimates that 40% of scam transactions exit directly from a bank account to […]
TL;DR Dark Defender’s XRP Prediction: Analyst Dark Defender predicts XRP’s short-term target could be between $1.05 and $1.88, based on a “cup & handle pattern” in the daily timeframe, but warns of the need for the token to maintain a primary support level. XRP’s Current Market Position: XRP is currently trading at around $0.61, experiencing […]
Litecoin (LTC) whale-price correlation might unleash next rally
In a significant development, the Securities and Exchange Commission (SEC) has charged Payward Inc. and Payward Ventures Inc., collectively known as Kraken, for operating its crypto trading platform as an unregistered securities exchange, broker, dealer, and clearing agency. The SEC alleges that Kraken has unlawfully facilitated the buying and selling of crypto asset securities, amassing […]
The CEO of Binance, Changpeng Zhao, commonly known as CZ, is set to step down from his role from the company as he plead guilty to money laundering violations, according to the Wall Street Journal. Binance, as a company, will also plead guilty and pay $4.3 billion fine. This news arrives in the wake of the conclusion of a […]