Five people have reportedly been arrested in Thailand for allegedly fleecing millions of dollars from victims in a crypto and gold investment scheme. According to a new report from the Bangkok Post, Thailand’s Cyber Crime Investigation Bureau (CCIB) says that four Chinese nationals and a Lao citizen have been arrested in connection with perpetrating a […]
Central Bank Digital Currencies (CBDCs) have sparked considerable attention in the financial sector. These digital versions of traditional fiat currencies, backed by central banks, are altering the financial landscape. As we approach a significant financial transformation, it is critical to understand the growing environment of CBDCs and forecast what the future holds. We look at […]
This is an extension to my previous article series discussing the different sidechain proposals that exist. Those articles can be found here: Spacechains, Spacechain Use Cases, Softchains, Drivechains, Federated Chains, and Trade Offs Of Sidechains. Botanix Labs has proposed a completely new sidechain design recently, called spiderchains, for the purposes of porting the Ethereum Virtual […]
A lawyer who laundered $400 million from the OneCoin scam has been denied a new trial despite arguing there were legal mistakes and false testimony in the original trial in 2019.
Solana (SOL) has been making positive noise recently with a surge in its price. However, one crypto strategist known as Altcoin Sherpa on the social media platform X, believes that the euphoria may be short-lived. Despite last week’s notable rally, Altcoin Sherpa argues that Solana is still trapped in a downtrend, casting doubts on the […]
In a significant move in the world of cryptocurrency, an Ethereum whale recently deposited a substantial amount of 6,000 ETH (Ethereum) into the Kraken exchange, with a current valuation of approximately $9.96 million. This transaction, occurring just 50 minutes ago, has piqued the interest of the crypto community due to the whale’s unique history as […]
Ethereum’s layer-2 solutions are outperforming the blockchain they were designed to bolster. Both Base and zkSync Era have shown remarkable performance so far despite the incessant bear market. For the first time in history, Base and zkSync Era surpassed Ethereum’s Transactions Per Second (TPS) rate of 10.18 on September 17th. According to data compiled by […]
How long is bounce back of DOGE and SHIB going to last?
Toncoin (TON) prices have nearly doubled in less than two months, soaring from around $1.16 in August to spot rates. The path of least resistance remains defined and is northwards. Notably, the spike is with rising trading volumes, indicating high participation. With Toncoin rising at this pace, the coin will further cement its position in […]
As per reports, the JPEX exchange is ready to halt all its trading features this week. Regulators and the Securities and Futures Commission (SFC) from Hong Kong warned the exchange several times over unregulated operations and false statements. Moreover, regulators are now inquiring the exchange for potential fraud charges. The Dubai-based cryptocurrency exchange has called […]
This cryptocurrency is helping fuel Binance's growth, as it provides a medium of exchange on which traders can make trades or invest in trading …
Malta has joined France and other EU nations in revising its existing crypto regulatory policies to align with MiCA, which comes into effect in December 2024.
Solana (SOL) co-creator Anatoly Yakovenko is urging lawmakers in the United States to bring regulatory clarity to the digital asset industry to keep the country’s innovative spirit flourishing. In a new op-ed published by Fortune, Yakovenko warns that the anti-crypto policies in the US are causing blockchain technology entrepreneurs to locate in other countries with […]
Former Goldman Sachs executive Raoul Pal says that Solana (SOL) is one of his top altcoin picks and is potentially the most promising project outside of Ethereum (ETH). In a new interview with Altcoin Daily, the Real Vision founder says Solana co-founder Anatoly Yakovenko, commonly referred to as Toly, is becoming an important thought leader […]
The Hong Kong Police have arrested six people linked to the halted cryptocurrency exchange JPEX, after receiving a significant amount of fraud complaints. Yesterday, JPEX suspended transactions on its Hong Kong platform, attributing the action to what it perceives as “unfair treatment by relevant institutions,” placing responsibility on its third-party market makers. JPEX Receives A […]
On September 17, 2015, the U.S. Commodity Futures Trading Commission (CFTC) officially declared Bitcoin a commodity, a distinction that eight years later continues to set it apart from other cryptocurrencies that have yet to earn this status. While regulatory uncertainty still looms over other more centralized, digital assets, the CFTC’s classification of Bitcoin as a commodity […]
The European Union Agency for Law Enforcement Cooperation (Europol), has cautioned against escalating criminal activities in the Decentralized Finance (DeFi) sector. In a report dubbed the “European Financial and Economic Crime Threat Assessment 2023,” Europol acknowledged the remarkable independence and security offered by blockchain technology but sternly criticized the DeFi sector. Blockchain technology, as the […]
The Bitcoin price is sustaining its bullish momentum from the previous day. Today, it surpassed the $27,000 threshold, a level not seen since August 31. Notably, BTC recorded its first green weekly closing candle in five weeks yesterday. As of press time, the Bitcoin price has reached an intra-day high of $27,267. Why Is Bitcoin […]
A closely followed crypto analyst says that Bitcoin (BTC) could witness another parabolic rally en route to a new all-time high after its 2024 halving. Pseudonymous analyst Rekt Capital tells his 352,200 followers on the social media platform X that Bitcoin could rally above $80,000 in the months following its next halving event. The halving, […]
Financial services and banking giant Citigroup is reportedly launching a unique private blockchain for its clients. According to a new Bloomberg report, Citigroup has unveiled Citi Token Services, a product aimed at tokenizing client deposits. The service is reportedly focused on improving cash management and trade-finance capabilities, such as increasing the speed of transactions. Says Citigroup’s […]
The presale for Wall Street Memes ($WSM) has now just seven days left, leaving potential investors limited time to purchase tokens ahead of a potentially explosive IEO. Wall Street Memes ($WSM), which launched at the end of May, has now raised more than $25 million in what has turned out to be one of the […]
Renowned trader John Bollinger, famous for developing the Bollinger Bands trading indicator, has turned his focus back to Bitcoin, hinting at a possible ‘Upper Band’ breakout
While the leading cryptocurrency Bitcoin continues to gain bullish momentum, the altcoins are riding the same wave of recovery.
Crypto exchanges HTX (formerly Huobi) and OKX have seen their traffic surging 200% and 185% YTD, respectively.
Chainlink (LINK), the blockchain-based oracle service provider, has made headlines with its impressive 6% price surge over the past 24 hours, bringing its value to $6.58. This significant price increase has piqued the interest of community members and analysts alike, sparking a discussion about the driving forces behind this surgeAin Wallet Movements In the last […]
Major token prices were little changed over the weekend as bitcoin (BTC) and ether (ETH) held above support levels in the absence of a catalyst that could help sway prices, though interest-rate decisions due later this week may introduce downward pressure. Markets remained generally tepid, with overall capitalization growing just 0.4% in the past 24 […]
Casey Rodarmor, the creator of the Ordinals protocol, made a surprising return to the public eye during the Ordinals Summit held in Singapore this week. The appearance marks Rodarmor’s first public engagement in months, following a period of isolation after the protocol’s launch in January of this year. He previously broke his silence most […]
Ethereum-based Layer 2 network “Base” has put on an impressive performance yet again, with its Total Value Locked (TVL) coming close to one of the most notable blockchains. Coinbase’s BASE Has Outperformed Solana Coinbase’s layer 2 blockchain network, Base, has seen an upward trajectory movement since it was introduced to the public, outperforming some of […]
Binance P2P, a peer-to-peer trading platform, has introduced five new automated payment methods, for cryptocurrency buyers and sellers across 15 fiat markets. With these automated payment options, users can instantly receive their purchased assets, streamlining the trading process. Automated Methods Streamline Cryptocurrency Trading These automated methods eliminate the need for sellers to manually verify payments […]
Analytics firm IntoTheBlock says that major Ethereum (ETH) layer-2 (L2) protocols are evolving and finding their respective niche. IntoTheBlock says that Ethereum-scaling solutions Base, Arbitrum (ARB) and Optimism (OP) are carving out their own paths and creating a “robust and diverse ecosystem.” Looking at Base first, the analytics firm says that Coinbase’s new layer-2 protocol […]
Critics often overlook the inconvenient fact that “decentralized” blockchains in fact depend on centralized points of failure that have the potential to corrupt entire ecosystems.