Category: Crypto
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Increased Scrutiny Needed as Venezuela Turns to Cryptocurrencies Amid Sanctions
As Venezuela plans to ramp up its use of cryptocurrencies for oil transactions, experts emphasize the need for enhanced regulatory scrutiny. This shift comes in response to the United States…
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A Doge and His Shiba: Can Meme Coins Like DOGE and SHIB Find Lasting Value?
Memecoins such as Dogecoin (DOGE) and Shiba Inu (SHIB) have captured public attention due to their viral nature and massive price fluctuations. Originally started as jokes or to parody the…
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Trump’s ‘Mugshot Edition’ NFTs Grant Buyers Exclusive Bitcoin Ordinals
NFT INT LLC, the company capitalizing on the likeness of former President Donald Trump for its non-fungible token (NFT) collections, has announced the inscription of bonus Bitcoin Ordinals for buyers…
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Tornado Cash Co-Founder Seeks Dismissal of Charges, Argues Writing Code is Free Speech
Roman Storm, the co-founder of Tornado Cash, is facing legal challenges after being indicted by federal prosecutors in the Southern District of New York last August. Storm, along with another…
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B2Broker Launches B2Trader Brokerage Platform to Tap into Booming Crypto Market
The cryptocurrency market is experiencing rapid growth, with Bitcoin reaching all-time highs and the total market cap exceeding $2.37 trillion. This growth coincides with the introduction of the Markets in…
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Hashnote and Paxos Collaborate to Enhance Collateral Efficiency for PayPal USD
Hashnote, a digital asset manager supported by Cumberland and DRW, has announced a strategic collaboration with Paxos, a leading regulated blockchain infrastructure provider. The collaboration aims to integrate PayPal USD…
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Jim Rogers Expects Cryptocurrencies, Including Bitcoin, to Disappear
Veteran investor Jim Rogers, renowned for co-founding the Quantum Fund with billionaire George Soros, has reiterated his skepticism towards cryptocurrencies, predicting their eventual disappearance. Despite the recent surge in bitcoin’s…
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Polygon zkEVM Faces Extended Network Outage, Team Addresses Issue
Polygon zkEVM, the Ethereum Layer 2 network launched a year ago, is experiencing an extended network outage, with multiple block explorers showing no new blocks added for over twelve hours….
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Wall Street Bitcoin ETFs See Record Outflows Amid Market Volatility
Wall Street’s spot bitcoin exchange-traded funds (ETFs) have set a new record with five consecutive days of net outflows, totaling $888 million over the past week. This trend marks the…
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Founder of Remilia and Milady, Charlotte Fang, Claims Hack After Ether and NFTs Transferred
Krishna Okhandiar, the founder of Remilia and Milady, known by the pseudonym Charlotte Fang, is reportedly alleging that his accounts were hacked following the transfer of significant amounts of ether…
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Bitcoin Falls to One-Week Low as U.S. Inflation Data Dims Rate Cut Hopes
Bitcoin eased to a one-week low in volatile trade on Friday, as investors took profit from its run to a record high and as another upside surprise on U.S. inflation…
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Former FTX CEO Sam Bankman-Fried Faces 40-50 Year Sentence Following Fraud Conviction
U.S. prosecutors are seeking a severe 40-50 year prison sentence for Sam Bankman-Fried, the founder and former CEO of FTX, after his conviction on fraud and conspiracy charges linked to…
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BlockFi Nears $1 Billion Settlement with FTX and Alameda Research
BlockFi, a bankrupt crypto lender, has reportedly reached a preliminary agreement with the estates of FTX and Alameda Research, potentially securing nearly $1 billion. The agreement, outlined in a recent…
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Bitcoin and Ether Surge in Volatile Trade, Crypto Mania Continues
On Wednesday, Bitcoin rallied in volatile trade, reaching a session high of $67,645, up 6.8%, after dropping 6% the previous day from a record high above $69,000. Ether also jumped…
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Coinbase Experiences Zero-Balance Glitches Amid Crypto Trading Surge
Coinbase, the leading U.S. cryptocurrency exchange, is facing technical issues for the second time in less than a week, amid a surge in crypto trading volumes. Some users reported seeing…
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Bitcoins hits $70,000, rises above 2021 record highs
Bitcoin has experienced a significant rally, reaching a new record high by breaking above $70,000, placing it above its previous all-time record.
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SEC Delays Decision on BlackRock and Fidelity’s Spot Ethereum ETF Proposals
The Securities and Exchange Commission (SEC) has once again postponed its decision regarding the approval of a spot Ethereum exchange-traded fund (ETF) proposed by BlackRock, as detailed in a recent filing.
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The Wall Street Journal Accused of Defamation Over Crypto Article
Christopher Harborne, the owner of Thailand-based aviation fuel broker AML Global Ltd., has initiated a defamation lawsuit against The Wall Street Journal (WSJ) in Delaware state court.
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Nigeria Demands $10 Billion from Binance in Crypto Crackdown
The Nigerian government has set its sights on Binance, the world’s largest cryptocurrency exchanges, demanding a staggering $10 billion. This demand comes amid allegations of “illegal transactions” that purportedly benefited Binance at the expense of Nigeria’s economy.
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Bitcoin Hits Two-Year High Above $57,000, Ether Tops $3,200
Bitcoin surged to a two-year high on Tuesday, marking its most significant two-day rally of the year, as large investors showed increasing interest in the cryptocurrency. Meanwhile, its counterpart, ether, surpassed $3,200 for the first time since 2022.
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FTX Estate Sues Binance for $1.8 Billion, Alleging Fraudulent Transfers and Market Manipulation
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