During his criminal trial slated to start next week, FTX founder and former CEO Sam Bankman-Fried won’t be able to tell the jury about his charitable works or the time he spent behind bars since his bail was revoked, according to a judge’s order on Tuesday. Addressing a series of motions from federal prosecutors and […]
The United States Securities and Exchange Commission (SEC) has declared a delay of its decision to approve Ark 21 Shares spot Bitcoin exchange-traded fund (ETF) until the new year, extending to the maximum deadline. Ark Invest and 21 Shares joined forces to apply for the Ark 21Shares Bitcoin ETF, persistently advocating for its approval for […]
The Seychelles-registered cryptocurrency exchange OKX released its 11th consecutive monthly Proof of Reserves (PoR) report which encompasses 22 commonly used digital assets and shows balances of $11.2 billion in primary assets. OKX is the only crypto exchange that has made it a ritual to publish PoRs for almost a year with which the platform revealed witnessed […]
Shiba Inu, XRP, Bitcoin, Ethereum can now be used by HSBC customers to pay bills
In simple terms, cryptocurrency is a form of digital or virtual currency that uses blockchain technology for secure financial transactions. Unlike …
Maker DAO’s MKR has recorded a big push amid the slight uptick in the broader cryptocurrency market. Yesterday, September 25, the token rose from a low of $1,265 to a high of $1,343. Although most tokens struggle to recover, MKR consolidated on its upswing with an impressive 5% 24-hour increase. MKR trades at $1335, striding […]
In a recent analysis conducted by ChatGPT, three tokens have emerged as the top picks for 2023: Dogecoin (DOGE), Polygon (MATIC), and Shiba Budz (BUDZ). These tokens have gained significant attention from investors and are poised for success in the coming year. Let’s delve into the driving force behind these tokens and explore why they […]
As the world of cryptocurrency continues to expand, Bitcoin remains the most well-known and extensively used digital currency. It has established itself as a valuable store of value and a potential inflation hedge. However, many fans and investors are wondering whether Bitcoin can transition from being solely a store of wealth to a mainstream form […]
AnchorWatch, a leading insurer specializing in safeguarding Bitcoin holdings for commercial entities, announced a successful $3 million funding round today. The round was led by Ten31, with notable participation from Axiom BTC, Bitcoin Magazine Fund, Timechain, Bitcoin Opportunity Fund, and other investors. The infusion of capital will empower AnchorWatch to fulfill regulatory requirements and capital needs, […]
An intriguing chart shows a close relationship between U.S. 10-year Treasurys and Bitcoin halving price rallies.
The CEO of crypto exchange BitGo, Mike Belshe, is offering his opinion on why a spot Bitcoin (BTC) exchange-traded fund (ETF) has yet to be approved by the U.S. Securities and Exchange Commission (SEC). In a new interview on Kitco News, Belshe says politics are playing a major role as to why there’s no spot-based […]
Crypto asset management firm, Bitwise, has recently submitted an extensive report to the United States Securities and Exchange Commission (SEC) regarding the academic research surrounding the Bitcoin (BTC) futures market. This move comes as part of Bitwise’s efforts to amend its existing application for a Bitcoin Exchange-Traded Fund (ETF) through NYSE Arca. The Bitwise Position […]
In a recent move, HSBC has started accepting crypto payments for settling mortgage bills and loans. The bank will be accepting Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and some meme coins. Moreover, HSBC will join forces with a blockchain-based payments processor, FCF Pay to allow the feature through a recently launched system made by FCF […]
Cryptocurrency exchange Binance has resumed services in Belgium after a suspension of approximately three months due to regulatory action. “Various Binance products and services are accessible again to Belgian users who have accepted our new Terms of Use,” a recent statement noted. Binance Belgium Introduces Updated Terms and Conditions According to a recent statement, Binance […]
Ethereum liquid staking platforms are making waves in the decentralized finance (DeFi) ecosystem. Recent on-chain reports have revealed that liquid staking protocols have recorded a new milestone in the number of Ether (ETH) staked, reaching a staggering 12 million ETH mark in just a few days. Ethereum Liquid Staking Gains Momentum With Ethereum 2.0 thriving, […]
Elliptic, a leading blockchain analytics firm, has uncovered a network of 100 individual suppliers facilitating the illicit fentanyl trade by smuggling the precursor chemicals needed to synthesize fentanyl. The criminals have also been using cryptocurrency, specifically Bitcoin, Ethereum, Tron, and Monero, to make payments, facilitating the transfer of funds from buyers to suppliers, with the […]
Federal Reserve’s latest paper on tokenization could be game-changer
Cryptocurrency company Maxine said in a message on X yesterday that hackers hacked into its network and stole $200 million worth of cryptocurrency …
The report compares stablecoins to money market funds and ultimately concludes they have similar shortcomings.
The native token of Curve Finance (CRV) shot up in value on Sunday as the asset witnessed a spike in whale accumulation. Curve is a decentralized finance (DeFi) platform that offers stablecoin trading with a native token, CRV, that jumped from trading around $0.475 earlier on Sunday to a high of nearly $0.539 later in […]
Top US crypto exchange Coinbase holds almost $25 billion worth of Bitcoin (BTC) in reserves, according to blockchain intelligence firm Arkham. Arkham says those holdings make the exchange the largest Bitcoin entity it has tabulated. According to Arkham, Coinbase holds nearly 5% of the BTC in existence, roughly the same amount as Satoshi Nakamoto, the […]
Binance has reopened its services in Belgium by resuming its registration for the residents after a suspension for about three months, the crypto exchange giant announced yesterday (Monday). “We are delighted to announce that as of today, new registrations of Belgian residents are welcome on our platform once again,” Binance’s Belgian official X (previously Twitter) […]
This piece continues from A Most Ridiculous World: The Politicization of Energy from yesterday. Feeding the Grown and the Growing Stern, Burke and Bruns (2016)7 concluded in their analysis that access to electricity is not sufficient for economic growth but that electricity use and GDP have a positive relationship. Simply providing the availability of a […]
New tokens and ecosystems are continually developing in the cryptocurrency market to fulfill the expectations of consumers and investors. Shiba Budz (BUDZ) and Bone ShibaSwap (BONE), two of the new emerging tokens, have grown in popularity. These tokens have been creating a stir in the market, luring both investors and enthusiasts. This article will examine […]
On-chain data shows the largest of the Bitcoin whales have returned to distribution, a sign that could be bearish for the asset’s price. Bitcoin Investors With More Than 10,000 BTC Are Selling Again As explained by analyst James V. Straten in a new post on X, the BTC whales, who had earlier been in a […]
In June, Binance was ordered to halt its services in Belgium “with immediate effect,” leading to the exchange redirecting Belgian users to its Binance Poland entity.
Digital assets-focused investment firm Pantera Capital has the conviction three big catalysts could spark the next crypto bull run. In a new blog post, Pantera Capital portfolio manager Cosmo Jiang names the likelihood of an eventual approval of a spot Bitcoin (BTC) exchange-traded fund (ETF) as one of the more notable catalysts for another bull […]
Ben Armstrong, the former face of BitBoy, has allegedly been arrested following an unusual YouTube livestream and an altercation with a police officer. In a livestream that has since been deleted, Armstrong intentionally left the video on while interacting with a police officer and acknowledged having a weapon in his car. Significant Audience Witnesses Armstrong’s […]
A prominent crypto venture capitalist is naming the blockchain projects that he believes are the core networks in the digital asset space. Chris Burniske, the founder of Placeholder Capital, tells his 263,400 followers on the social media platform X that he believes five crypto projects have distinguished themselves. Burniske lists the networks and includes each […]
More than $115 million was raised last week alone across a number of crypto startups. The largest raise of the week was blockchain game studio Proof of Play which netted $33 million in a round led by Andreessen Horowitz. The firm will use the funding to fuel the growth of its invite-only, on-chain pirate role-playing […]
Worldcoin (WLD) adoption in Latin America soars, with price tagging along
We are excited to announce we have received authorization from the Central Bank of Ireland as an E-Money Institution (EMI). In addition, we have also successfully registered with the Bank of Spain as a Virtual Asset Service Provider (VASP). These authorizations highlight our ongoing commitment to growing our European business. The EMI license, granted to […]