Days after suffering a security breach, crypto exchange CoinEx is attempting to reach out to the hackers responsible for the incident. In an open letter to the hackers, CoinEx says it is ready to reward the perpetrators of the theft with a “generous bug bounty” if the stolen assets are returned. “We hope you recognize the […]
Sergey Nazarov, creator of Chainlink (LINK), says recent experiments have proved that banks and traditional financial institutions can now connect to hundreds of different blockchains easily. In a new interview with Jill Malandrino, a reporter for Nasdaq, Nazarov touches on a recent Chainlink-based experiment conducted by SWIFT and a group of banking giants including Citi, […]
Binance US, the American arm of the global cryptocurrency exchange Binance, is grappling with a substantial drop in trading activity as its legal disputes with US regulatory authorities escalate. According to recent data from independent research firm CCData, the monthly trading volume on Binance US has plummeted by a staggering 98% from January to August […]
On Monday, September 18, the New York Department of Financial Services (NYDFS) proposed substantial changes to its virtual currency oversight regime. These changes have a direct impact on what cryptocurrencies licensed firms in New York can offer to their customers. Among the notable changes, the NYDFS has delisted Ripple (XRP) and Dogecoin (DOGE) from its […]
In a significant development for the world of cryptocurrency, Bitcoin experienced a substantial surge, reaching a price of $27.2K, following the announcement of Japan’s largest investment bank, Nomura, launching an Adoption Fund specifically tailored for institutional investors. This marks a pivotal moment in the ongoing efforts within the crypto industry to expand its reach and […]
The popular cryptocurrency analyst, going by the name “KALEO” on X (Twitter), is optimistic that the price of Ripple’s native token – XRP – will soar in the near future. The forecast is based on the outcome of the lawsuit between the crypto firm and the United States Securities and Exchange Commission (SEC). ‘I’m Long […]
Borroe.Finance ($ROE) is a unique cryptocurrency with innovative features, including an integrated AI system that enhances decision-making, aiming for …
The Bank of Latvia has been quietly stepping up its game in providing assistance to fintech projects while employing the latest emerging technologies internally.
Rupert Schaefer, an executive at Germany’s financial regulatory authority, emphasized the need for crypto regulations while cautioning that FTX won’t be the final crypto exchange to collapse. “The insolvency of the crypto exchange FTX has shown how significant deficiencies in the onboard system can have an impact,” the statement declared. Schaefer: Germany Needs Crypto Regulations […]
The invention of Bitcoin was a technological breakthrough that disrupted the status quo. When Bitcoin was first created, central banks thought they could safely ignore it. As Bitcoin adoption gained momentum, central banks were forced to pay attention and try to understand what Bitcoin means for the roles of central banks and the technology they […]
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Fiat withdrawals for some Binance users in the European Union have been blocked much ahead of the end of support by the crypto exchange’s local payment provider, Paysafe, Coindesk reported. Paysafe Ends Support to Some Binance Users in the EU Paysafe has already ended its partnership with Binance and will terminate its support on 25 […]
A new report has shown that the adoption of PayPal’s PYUSD stablecoin has seen less than favorable adoption rates since its inception. The crypto community remains skeptical about employing the new stablecoin for daily crypto payments and has opted for top competitor stablecoins like USDT and USDC. PYUSD Experiences Sluggish Adoption Rate Global payments giant […]
Crypto strategist Benjamin Cowen believes that Bitcoin (BTC) will continue on a downward trend for months after retesting a key price range. Cowen tells his 787,000 YouTube subscribers that Bitcoin will likely move upward in the short term to test its bull market support band only to decline afterward, confirming the larger bearish trend. The […]
The parental guardians of former FTX CEO Sam Bankman-Fried are reportedly being sued by the crypto exchange’s bankruptcy estate for allegedly misappropriating funds. According to a new article from the Financial Times, Joseph Bankman and Barbara Fried are being sued by the FTX estate over allegedly siphoning funds from the now-bankrupt exchange. Says prosecutors, “As early […]
When can rate of Binance Coin (BNB) get back to midterm rise?
One of the latest developments in the Bitcoin market is the potential approval of a Bitcoin Exchange-Traded Fund (ETF). An ETF is a financial product that allows investors to gain exposure to an asset without having to directly own it. In the case of a Bitcoin ETF, it would provide investors with a convenient way […]
According to recent data analysis from dedicated sites, Bitcoin Cash (BCH) has been experiencing a resurgence in the market, with its price rallying towards $300. The data suggests that the uptrend in BCH’s price is due to bullish whales who invested $15.4 million in September 2023 to keep BCH afloat amid bearish headwinds. Bitcoin Cash […]
Blockchain Capital has recently announced the closing of two new funds which account for almost $580 million. These funds were generated for investment in infrastructure, gaming, and decentralized finances (DeFi), along with both consumer and social technologies. These funds would operate as Blockchain Capital’s sixth early-stage fund and its first opportunity fund, which would serve […]
“It is more than likely that BAM still doesn’t understand what Ceffu is,” the SEC stated after trying to untangle the web of relationships between entities.
Cosmos-based layer-1 blockchain – Canto – is migrating to a zero-knowledge layer 2 on Ethereum powered by Polygon Chain Development Kit (CDK). The move aligns with Canto’s plans to build a blockchain dedicated to real-world assets. The development comes amidst a significant shift in the Ethereum layer-2 space. Migration to Ethereum ZK-powered L2 Canto is […]
Singapore, Singapore , Sept. 19, 2023 (GLOBE NEWSWIRE) — Tapbit, a digital cryptocurrency derivatives trading platform, has released a major …
The cryptocurrency market, notably dominated by Bitcoin, has always been a terrain of speculation and market sentiment. Rumors and speculations have surfaced with Bitcoin’s recent slight uptick in value. Market insiders point towards the potential delay of the Mt. Gox repayments as a key driver. However, QCP Capital, a crypto trading firm, remains skeptical about […]
Widely followed crypto analyst Rekt Capital thinks the decentralized oracle network Chainlink (LINK) is primed to continue its recovery. Rekt Capital tells his 352,300 followers on the social media platform X that LINK respected its range-high resistance after it surged in price in July. LINK dropped to a recent low of $5.76 on September 11th, […]
After just three months of easing cryptocurrency regulations in Hong Kong, authorities are already discussing tightening them again. In the wake of alleged fraud at JPEX, an unlicensed cryptocurrency exchange in the Chinese special administrative region, authorities are taking stringent measures to regulate digital assets. Six individuals have been arrested, and the Securities and Futures […]
In September 1943, a character whose name nowadays covers the newscasts of half the world was put in charge of what would become a bastion against the offensive tactics from the rest of the European countries. The Second World War counted tens of millions of dead at that time in Europe and other war scenarios […]
For the record. Binance US does not use, and have NEVER used Ceffu or Binance Custody. You can’t just make this stuff up. https://t.co/JIkIVTf8tc — CZ Binance (@cz_binance) September 19, 2023 That stands in stark contrast to previous statements made by lawyers for the U.S. exchange – identified as BAM in court filings –which said […]
Laser Digital, the digital assets subsidiary of Japan’s largest investment bank, Nomura, has launched a Bitcoin Adoption Fund for institutional investments. The product will use Komainu, a custom custody solution built by Nomura, Ledger, and CoinShares, to offer investors long exposure to Bitcoin. The Laser Digital Bitcoin Adoption Fund will afford investors access to Bitcoin […]
Ripple, a leading player in the cryptocurrency space, has been acknowledged as one of the “Best Workplaces in Technology for 2023” by Fortune Magazine
A complaint filed in bankruptcy court claimed Joseph Bankman involved Barbara Fried when answers from neither his son or FTX US satisfied concerns around his $200,000 annual salary.
Optimism, a layer-2 scaling solution for Ethereum, has announced its third round of token airdrop to reward its early adopters and supporters. The airdrop will distribute 19.4 million OPT tokens, worth about $26 million at the current market price. Today Optimism is announcing OP Airdrop #3. 19M OP allocated to over 31k unique addresses to […]
More than 3 million people invested in the pair's fraudulent cryptocurrency, OneCoin, making it one of the largest global fraud schemes ever …