A recent bankruptcy report from the now-defunct cryptocurrency exchange FTX reveals that the exchange loaned slightly more than $13 million to Australian influencer Alex Saunders. This loan was intended to help Saunders…
Before its sharp decline on June 7, Bitcoin’s volatility had been approaching historic lows, with the 15 days leading up to the drop marking one of the calmest periods in its history.…
The unpredictable nature of the cryptocurrency market has led to significant financial losses for yet another prominent figure. A well-known crypto influencer and ardent Ethereum supporter, Machi Big Brother, has incurred losses…
Amid the rapid decline of the naira and soaring inflation rates, the Nigerian government has focused on platforms providing cryptocurrency services. However, many Nigerian crypto enthusiasts believe that banning naira trading on…
A quick rebound in Bitcoin’s price to $71,000 could lead to the liquidation of over a billion dollars worth of short positions, significantly impacting the market. Market Dynamics and Recent Price Movements…
The legal saga between the Crypto Open Patent Alliance (COPA) and Craig Wright resumed on Friday, focusing on the penalties and costs Wright might incur after being found posing as Bitcoin’s creator,…
Former President and 2024 Republican nominee Donald Trump has declared himself a “crypto president” at a tech fundraiser in San Francisco, raising $12 million from tech venture capitalists David Sacks and Chamath…
Cryptocurrency traders are optimistic that the recent market downturn is merely a “shakeout” and foresee a “bullish continuation” soon. Market Reaction to U.S. Employment Data Bitcoin, Ethereum, and the broader altcoin market…
The Bitcoin network is currently facing a surge in transaction fees, reaching as high as $52 per transaction due to significant congestion and a backlog of unconfirmed transactions. Fee Spike and Network…
In 2024, cryptocurrency hackers are on track to outdo their exploits from 2023, with a significant shift in their attack strategies. Rather than focusing on smart contract vulnerabilities, hackers are increasingly targeting…
Cryptocurrency data aggregator CoinGecko has announced a data breach involving its third-party email management platform, GetResponse, which compromised the information of over 1.9 million users. Details of the Breach On June 5,…
Sky Mavis, the creator of Axie Infinity, has announced the recovery of $5.7 million from the infamous Ronin Bridge hack of 2022, thanks to the efforts of Norwegian authorities. Coordinated Efforts Lead…
The approval of spot Ether ETFs has set the stage for other altcoin ETFs, with Solana, XRP, Chainlink, and Dogecoin being potential candidates. However, the approval of these ETFs might hinge on…
Binance has announced the resumption of its payment services through Mastercard and Visa, signaling a potential easing of the crypto exchange’s recent legal challenges. This move comes after a period of restrictions…
A recent ruling by the United States Fifth Circuit Court of Appeals has struck down a Securities and Exchange Commission (SEC) rule that mandated greater transparency from hedge funds and private equity…
Turkey has dismissed the idea of taxing profits from stocks and cryptocurrencies, although the government is considering a “very limited” transaction tax to ensure all financial transactions are properly taxed. Potential Transaction…
The FBI is warning job seekers about a new wave of work-from-home scams designed to steal cryptocurrency. These scams target individuals with enticing job offers, only to defraud them of their digital…
Nigeria’s Minister of Information, Mohammed Idris, has defended the prosecution of Binance executive Tigran Gambaryan, asserting that the legal proceedings adhere to the country’s legal protocols. This defense comes in response to…
A recently enacted U.S. law has granted the president unprecedented authority to block access to digital assets, sparking widespread concern about its broad implications and potential impact on users. Effective June 6,…
OKX, a leading Web3 technology company and centralized exchange (CEX), has unveiled exciting updates, including the launch of the OKX Wallet Blast Super Season and the introduction of its platform and web3…
Stand With Crypto, a digital assets advocacy group supported by Coinbase, has surpassed one million members, amassed millions in donations, and launched a U.S. campaign fund within ten months. The organization aims…
Bankrupt crypto exchange FTX has reached a tentative agreement with its largest creditor, the United States Internal Revenue Service (IRS), to settle a $24 billion tax dispute. This agreement, which hinges on…
Tether, the company behind the USDT stablecoin, has announced a strategic investment of $18.75 million in XREX Group and the launch of a new stablecoin, XAU1. This initiative aims to enhance cross-border…
The head of investments at Bitwise, Matt Hougan, believes that regulatory clarity in the United States could unlock the $20 trillion financial advisory industry for the crypto market. Current Regulatory Barriers According…
You are all caught up.
