[PRESS RELEASE – Jakarta, Indonesia, September 21st, 2023] Pintu, the pioneering mobile-first crypto wallet and trading platform, is celebrating after hitting a milestone of six million downloads. The popular crypto trading app is transforming how Indonesians engage with Bitcoin and other digital assets with its innovative features. Designed with the goal of being the simplest […]
You are scrolling through social media, Facebook, Instagram, TikTok, when you see a video showing a pile of cash. Hawaii News, Hawaii Weather, …
A Binance executive said the cryptocurrency exchange plans to delist stablecoin in the European market by June 2024 in order to comply with standards laid out by MiCA.
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The cryptocurrency industry was buzzing with expectation and excitement as Ethereum, the second-largest blockchain by market capitalization, prepared for the Ethereum Merge. In this detailed article, we will look at the Ethereum Merge concept, its relevance in the crypto industry, the mechanics of this transfer, and the impact it had on cryptocurrency investors. Introduction Since […]
Retirement savings have always been a priority for hardworking individuals, especially those who belong to unions or serve as firefighters. These individuals dedicate their lives to protect and serve their communities, often putting their own safety on the line. Ensuring that they have a secure financial future is just one way to show appreciation for […]
Bitcoin price is struggling to clear the $27,500 resistance. BTC is slowly moving lower and might revisit the $26,200 support zone in the coming sessions. Bitcoin is still struggling to clear the $27,500 resistance. The price is trading above $26,800 and the 100 hourly Simple moving average. There is a key bullish trend line forming […]
Former United States Secretary of the Treasury Larry Summers is expressing apprehension about the inflation outlook in the world’s largest economy. In an appearance at the All-In Summit 2023, Summers says that the Federal Reserve might be wrong in its views regarding the effectiveness of the measures it has taken to address inflation. “I think […]
The crypto industry has been under heavy fire from US regulators for most of this year. However, it might be due a welcome period of respite if the federal government goes into a temporary shutdown. Securities and Exchange Commission chair Gary Gensler has expressed concern about his agency’s ability to police crypto should the US […]
South Korea’s crypto surge has seen an unprecedented $100B in virtual assets dominate overseas accounts, reflecting a significant shift in the country’s financial sector. According to the National Tax Service (NTS), virtual assets represented over two-thirds of the value in registered overseas accounts this year, with 5,419 residents and companies reporting ownership of assets through […]
Ethereum-based automated market maker (AMM) and decentralized finance (DeFi) protocol Balancer has recently suffered a front-end attack on its website, and blockchain sleuths are saying that more than $200K were stolen. In the early hours of Wednesday, September 20, the official X account of Balancer announced that the protocol website was under attack and asked […]
The Ethereum (ETH) prices are up seven percent when writing but trending below the $1,700 level. Even though there are hints of strength, there must be a conclusive breakout above $1,670 and, ideally, $1,750 for the buy trend definition. Despite the leg up, prices are back within the average of the past 30 trading days. Moreover, ETH […]
Thailand has set its sights on broadening the tax net by incorporating foreign earnings, including profits from cryptocurrency trading, …
Binance reportedly said that they were doing a wallet aggregation process to ensure the safety of user funds.
A former executive of German financial giant Deutsche Bank has been handed a 30-year prison sentence for his role in a crypto fraud scheme. In a new press release, the U.S. Department of Justice (DOJ) says that ex-investment banker and registered broker Rashawn Russell has pleaded guilty to charges of perpetrating a crypto fraud scheme […]
In recent weeks, the Bitcoin market has witnessed a surge in aggressive shorting on major exchanges, most notably on Binance. This development has sent ripples through the cryptocurrency community, with traders and analysts closely monitoring the situation. As a result of this increased shorting activity, Bitcoin’s price has experienced a notable 4% uptick since the […]
In a somewhat surprising turnaround, Tether Holdings has resumed its stablecoin lending activities from its earlier intention to scale down such operations. The company has reinitiated the lending of its own stablecoin – USDT – to clients after a temporary hiatus lasting less than a year. This decision was prompted by a surge in short-term […]
Hungary’s National Tax and Customs Authority (NAV) seized $1 million worth of cryptocurrency from criminal group involved in consumer electronics trade
As the 8 October 2023 deadline approaches for activating the new financial promotions regime for digital assets, the UK’s Financial Conduct Authority (FCA) issued its last advisory warning today (Thursday), urging crypto companies targeting UK consumers to brace for the forthcoming regulatory adjustments. UK Government Tightens Regulations on Cryptoasset Promotions The UK Government has recently […]
A previously little-seen video of the late Hal Finney, a pioneering figure in the world of Bitcoin, has surfaced, shedding light on his groundbreaking work on cryptographic protocols, and giving a rare glimpse of his humanity. In the video, recorded at the Crypto 98 conference, Finney is seen discussing zero-knowledge proofs, offering a glimpse of […]
Bitcoin (BTC) held by leading crypto exchanges like Coinbase, Binance, and Kraken are near a six-year low, CryptoQuant data on September 20 reveals. The contraction was recorded when the broader market steadied after posting sharp losses in the better part of August and the first half of September. As of September 20, BTC prices are […]
Initial plans called for a 2022 rollout, but economic conditions caused the project to be reportedly shelved last year.
A US federal magistrate judge is reportedly choosing not to grant the U.S. Securities and Exchange Commission (SEC) permission to inspect the technological infrastructure of Binance’s American affiliate, a setback for the regulator. A new report from Bloomberg indicates the SEC asked Magistrate Judge Zia M. Faruqui on Monday for permission to search through Binance.US’s […]
Bloomberg Intelligence’s crypto market analyst Jamie Coutts says that Bitcoin (BTC) is pulling off one major achievement that is flying under the radar. Coutts says on the social media platform X that at the same rate that Bitcoin adoption is increasing, its network’s carbon emissions are declining, a rare phenomenon. “And this is where the […]
A widely followed crypto analyst is putting traders on notice regarding one Ethereum (ETH)-based Chainlink (LINK) rival. The analyst and trader pseudonymously known as Altcoin Sherpa tells his 196,400 followers on the social media platform X that the decentralized oracle protocol Tellor Tributes (TRB) is setting up for a correction after rallying by slightly over […]
Cryptocurrencies are an alternative to traditional cash and banks, where your transactions are recorded into ledgers known as blockchains that get …
Digital asset management giant Grayscale Investments has officially filed for a new Ethereum (ETH) Futures Exchange Traded Fund (ETF) on September 19, 2023, as reported by the Wall Street Journal (WSJ). This new filing was named the Grayscale Ethereum Futures ETF (ETHG) and was filed under the Securities Act of 1933, unlike the former one […]
The U.S. Federal Reserve’s Federal Open Market Committee (FOMC) is set to announce its decision on the rate hike this Wednesday. The FOMC is expected to maintain the target range for the federal funds rate at 5.25%-5.5%, a 22-year high. This comes after Fed Chair Jerome Powell signaled that the committee would assess the impact […]
Incoming reports indicate that Sam Bankman-Fried’s legal team is readying their arguments for a pretrial release hearing before the U.S. appeals court on Tuesday as the billionaire founder of the defunct exchange FTX prepares for his trial on Oct. 3. Bankman-Fried’s initial plea was overruled last month as the prosecutors argued that the defendant had […]
How long is sideways movement of SHIB going to last?
The U.S. Securities and Exchange Commission (SEC) is showing no signs of slowing down in its efforts to enforce securities laws within the cryptocurrency space, according to David Hirsch, the head of the agency’s Crypto Assets and Cyber Unit. Compliance Issues in the Cryptocurrency Industry Speaking at the Securities Enforcement Forum Central in Chicago, Hirsch […]
Bitcoin and Ethereum, despite acting as twin forces for accelerating and adopting cryptocurrencies and blockchain technologies, have historically been at odds with each other due to the “L1 wars” and their vocal online proponents. To some, the rivalry may seem like a mere culture war within the crypto community. However at its’ root, it’s a […]