THORSwap, a decentralized finance exchange (DEX) built on the THORChain network, has announced that it is close to relaunching its token swap function after pausing it due to regulatory pressure. On October 6, the exchange suspended its swap service following a request from authorities who claimed that illicit funds were flowing into the platform. This […]
The global financial landscape is rapidly changing, owing in part to the rise of cryptocurrencies and blockchain technology. While several countries have taken a cautious yet progressive approach to digital assets, Hong Kong’s position on retail stablecoins remains unusually restrictive. Recognizing Retail Stablecoins Before we get into Hong Kong’s strategy, it’s important to understand what […]
OpenAI CEO Sam Altman's talks about U.S. crypto regulation and privacy issues with Worldcoin. Explore the evolving cryptocurrency landscape.
Everyone has heard about the 4-year cycle that Bitcoin is going through, but have you ever thought of the idea that Bitcoin might be going through a bigger cycle? And could this bigger cycle reflect the way humans adopt new technologies? And is it possible we have seen something similar before with another technology like […]
Tether (USDT) has continued to move into exchanges recently. Here’s why this can be a positive development for Bitcoin. Tether Supply On Exchanges Is Now Highest In 7 Months According to data from the on-chain analytics firm Santiment, $9.99 billion worth of USDT is now on exchanges. The indicator of relevance here is the “supply […]
Circle taps into Ethereum layer 2 Polygon to provide USDC liquidity directly on the proof-of-stake scaling protocol.
A previously dormant Bitcoin whale has sprung to action after six years, transferring an impressive 2,995 BTC
Retired NFL players will have an opportunity to tap into new revenue streams, including NFT collectibles for fans, through the NFL Alumni Association’s new partnership with Aventus. The firm, which operates a Polkadot parachain, will leverage the name, image, and likeness of retired players to create NFTs of those who opt into its new offering. […]
Cybersecurity firm Avast is calling out a long-lived tool that has haunted popular dating apps and that has been upgraded with artificial intelligence, gaining the ability to build fake profiles and manipulate unsuspecting users. Although Avast gave the application the nickname “LoveGPT,” that is not the name of the software in question. It is also […]
Israeli authorities have frozen several cryptocurrency accounts allegedly linked to the Palestinian militant group Hamas. The operation was carried out in collaboration with the crypto exchange Binance, highlighting an increasing global trend towards monitoring and regulating digital currencies to prevent their misuse for illicit activities. Binance Assists Israeli Police in Halting Crypto Financing for Hamas […]
Sam Bankman-Fried’s former love interest and CEO of Alameda Research Caroline Ellison is expected to testify against SBF in court with detailed information on the fraudulent use of customer funds.
Bloomberg crypto analyst Jamie Coutts says that Bitcoin (BTC) is flashing an unexpected bullish signal as US long bonds continue their collapse. Coutts says on the social media platform X that Bloomberg’s trend model has suddenly signaled bullishness despite a deterioration of the macro landscape. Last week, yields on 30-year Treasuries went above the 5% […]
Archax, the digital asset exchange, broker, and custodian regulated by the Financial Conduct Authority, enables investors to pair cryptocurrencies with tokenized money market fund (MMF) instruments. The company stated that this move aims to enhance the security and stability of crypto investments and create new opportunities for generating profits in the crypto space. Graham Rodford, […]
N.O.R.E. tweets about his disappointment with cryptocurrency and NFTs, and celebrities chime in on Twitter.
The emergence of Central Bank Digital Currencies (CBDCs) has ignited widespread interest, sparking enthusiasm among central bankers, generating curiosity within financial media, and fueling spirited debates in the Bitcoin community. Among cryptocurrency enthusiasts, opinions on CBDCs vary widely, ranging from viewing them as powerful tools for government surveillance and control to seeing them as desperate […]
The Ethereum price saw a notable price plunge on Monday when the Ethereum Foundation reportedly started selling coins. This plunge, in turn, triggered a series of liquidation events that have seen ETH traders suffer massive losses in the last day. Ethereum Liquidation Volumes Cross $30 Million. By Tuesday, October 10, the Ethereum liquidation numbers triggered […]
A post by Coinbase’s director, Conor Grogan, has unveiled a particular series of activities by Alameda Research, led by Sam Bankman-Fried, who is now also associated with massive minting of over $39 billion USDT. In the crypto world, the issuance and management of stablecoins, such as Tether (USDT), often go unnoticed among the millions and […]
Artist Nelson Saiers’ “Rug Pull” highlighted the victims of crypto rug pulls and perceived SEC inaction in safeguarding investors.
The trader who accurately called the 2018 bear market bottom for Bitcoin (BTC) warns that the flagship cryptocurrency may replicate its 2020 price action when it collapsed from $10,000 to $4,000 in a matter of weeks. Pseudonymous analyst Bluntz tells his 225,200 followers on the social media platform X that he believes that Bitcoin has […]
Billionaire investor Ray Dalio believes it’s only a matter of time before the Federal Reserve loosens its monetary policies. In a new Fox Business interview, Dalio says that central banks around the world are losing money due to the high-interest rate environment. According to Dalio, the rise in interest rates over the past year or […]
A seven-figure sale of a CrypToadz NFT on Ethereum wasn’t all that surprising during the market mayhem of late 2021. But such a sale today, amid significantly weakened demand for NFT assets, is sure to stand out. And today’s $1.6 million purchase of a CrypToadz NFT is raising some red flags, too, thanks to a […]
Digital Asset Investment products experienced a popularity surge in the past 14 days or so after about 10 weeks of severe drops. The reports indicate a rising trend in the digital asset fund inflows, with $78 million flowing in last week, a twofold surge from the preceding one, whose inflow was over $25 million. Europe […]
Nearly $900 million worth of cryptocurrency had been laundered by North Korea's Lazarus Group through cross-chain bridges from July 2022 to July …
By now, Bitcoin has grown to the point where crypto investors do not expect very large returns from it and are now looking toward altcoins that could provide the kind of returns they seek. However, with thousands of altcoins circulating in the crypto market, it can become quite hard to pick the coins that could […]
Binance (BNB), world’s largest cryptocurrency exchange, activates copy trading service
One altcoin project soared over a 24-hour period as a crypto whale accumulated a massive amount of its tokens, according to on-chain data. Blockchain tracking firm Lookonchain says that the native token of the automated market maker (AMM) Bancor Network (BNT) witnessed a big burst to the upside in a day as a single wallet acquired […]
Binance’s ambitious Industry Recovery Initiative (IRI), a project aimed at supporting the cryptocurrency industry following the collapse of the FTX exchange, has reportedly fallen short of its funding goals. The IRI, spearheaded by Changpeng Zhao the CEO of Binance, was launched in November 2022 with the intention of raising at least $1 billion from industry […]
An escalating Israel-Palestine conflict and millions of dollars worth of whale transfers are among the catalysts that have driven the XRP price lower today.
TL;DR Kristina Campbell, Ripple’s ex-CFO, joins Maven Clinic. Ripple wins two court cases against the SEC; trial set for April 23, 2024. A positive verdict for Ripple may boost XRP’s price in 2024. Replacing Ripple With a Health Company Kristina Campbell, who spent the last two and a half years serving as Ripple’s Chief Financial […]
Summary First cross-border transaction with eAUD and USD achieved. RBA works with Australian blockchain firms and major banks. Privacy issue remains key point and major obstacle to adoption David Lavecky, head of blockchain firm Canvas, recently spoke in an interview about the firm’s involvement in the Australian Reserve Bank’s (RBA) pilot to a central bank […]
Deribit is planning to introduce options contracts for three major altcoins. In January, the cryptocurrency exchange for options will offer options trading for Solana’s SOL, Ripple Labs’ XRP, and Polygon’s MATIC token. This expansion, as reported by Bloomberg, is part of Deribit’s strategy to diversify its product portfolio despite the uncertain market conditions. Additionally, the […]