Crypto

In a striking case of corporate embezzlement that shook the foundations of WeChain Fintech Singapore, former payroll staff member Ho Kai Xin was sentenced to an astonishing nine years and 11 months in prison. With her actions resulting in the theft of over $5.7 million, this case highlights the vulnerabilities in corporate financial systems, the

In an alarming development for the cryptocurrency sector, Bybit—the exchange known for its significant trading volumes—has fallen victim to what is being called one of the largest hacks in the industry. Initial reports highlighted suspicious transfers from Bybit’s hot wallets, which rapidly escalated into a crisis when it was confirmed that approximately $1.4 billion worth

In a noteworthy development for the African financial landscape, Altvest Capital Limited has taken a groundbreaking step by becoming the continent’s first publicly traded company to embrace Bitcoin (BTC) as a strategic asset within its treasury. This decision signifies a major shift not only in Altvest’s investment strategy but also reflects a broader acceptance of

In recent months, the ripple has grown louder around the potential launch of a spot XRP exchange-traded fund (ETF) in the United States, drawing significant attention from financial institutions and investors alike. With leading companies such as Grayscale, Bitwise, and 21Shares putting forth their applications, the case for an XRP ETF has gained momentum. This

The cryptocurrency realm is no stranger to controversies, but the ongoing conflict between Bybit CEO Ben Zhou and Pi Network has garnered significant attention. Zhou has overtly denounced Pi Network as a scam, asserting that his exchange will never entertain the prospect of listing its token. This strong stance is reflective of the broader skepticism

Metaplanet, a Japan-based investment firm, has made significant headlines recently with its aggressive expansion of Bitcoin (BTC) holdings. As of now, the company boasts a portfolio of 2,100 BTC, valued at approximately $196 million. The latest acquisition of 68.59 BTC for a whopping $6.6 million has propelled the firm into the spotlight, with its holdings

In a remarkable shift within the global cryptocurrency landscape, Brazil has become the pioneering nation to endorse a spot XRP exchange-traded fund (ETF). The approval, granted by the Brazilian Securities and Exchange Commission (CVM), underscores Brazil’s ascendancy as a significant hub for digital assets, signifying a potential transformation in the financial framework that could reverberate

Bitcoin’s price movement has been characterized by a standstill, manifesting as a fine balance between buyers and sellers in the market. This stagnant phase presents a challenge for traders and investors who seek direction in their decision-making processes. With only minor fluctuations observed recently, the cryptocurrency’s future price trajectory remains ambiguous and uncertain. The market

In the ever-evolving world of cryptocurrencies, investors are often on the lookout for signals that may indicate future price movements. Recent insights from crypto analyst Ali Martinez have shed light on the potential trajectories for two popular digital assets: Dogecoin (DOGE) and Ripple’s XRP. While there are optimistic scenarios suggesting gains for both coins, underlying

As of the end of 2024, the institutional embrace of Bitcoin has reached noteworthy strides, with a reported 1,573 institutions showing long exposure to the cryptocurrency. This data presents a fascinating glimpse into a transforming financial ecosystem, revealing that major financial entities such as banks, hedge funds, and asset managers are increasingly acknowledging the potential

The Solana blockchain has undoubtedly become a hotbed of controversy within the cryptocurrency community. Critics have branded it as a “breeding ground” for speculative assets, primarily attributing this label to the recent surge of meme coins dominating the network. However, in a landscape where speculative behavior permeates many blockchain ecosystems, it is important to take

The cryptocurrency landscape is rife with complexities and peculiarities, often spotlighting the fine line between speculative opportunities and risk-laden ventures. The recent launch of the meme coin $GREED by Barstool Sports founder Dave Portnoy serves as a vivid example of the tumultuous nature of this digital market. Within a mere hour of launching, Portnoy sold

Ripple (XRP) has recently faced some selling pressure, encountering resistance at the $2.8 level. This has led to a small decline in price, but it also indicates an important juncture for traders and investors alike. As market participants observe the ongoing fluctuations, it is essential to recognize that Ripple is nearing a substantial support range.

Chainlink (LINK) has recently experienced a significant and concerning 40% drop in value over the course of just one month. This steep decline has not only raised eyebrows among investors but has also sparked debates surrounding the cryptocurrency’s future trajectory. With current trading hovering slightly above $18, the question on everyone’s mind is whether this

In the ever-evolving world of cryptocurrency, recent developments indicate a sharp downturn in market values. Over the past 24 hours, total market capitalization has dropped approximately 3%, settling at around $3.24 trillion. This decline has primarily affected altcoins, which have been on a downward trajectory for most of February. While this current situation appears grim,

The financial markets are inherently driven by cyclical patterns, and one such observation is the “sell in May” effect, primarily rooted in traditional stock market behavior. The premise is straightforward: investors typically experience higher returns from November through April, while the summer months from May to October are considered less favorable for asset appreciation. Although

In the dynamic world of cryptocurrency, meme coins have emerged as a double-edged sword. While they can offer tremendous excitement and profitability, they are also prone to volatility and manipulation. Recent controversies surrounding the LIBRA token, which is endorsed by Argentine President Javier Milei, have brought to light the potential for exploitation in this unregulated

Hyper Foundation has taken a bold step into the future of decentralized finance (DeFi) with the launch of HyperEVM, a pivotal advancement to the existing Hyperliquid protocol. This move is not just about enhancing functionality; it signifies an important shift towards integrating general-purpose programmability within its financial architecture. By adopting HyperEVM’s features, Hyperliquid aims to

The ongoing strife in the cryptocurrency market has left investors on edge as the bulls face a steep decline. Notably, Bitcoin (BTC) has seen a significant downturn, settling at approximately $96,000. This bearish trend isn’t isolated to Bitcoin; numerous altcoins, including Ripple (XRP), Solana (SOL), and Dogecoin (DOGE), have also taken sharp hits, reflecting a

On a seemingly ordinary Tuesday, the quiet community of Bandar Puncak Alam was shaken by a fire that revealed a hidden world of illegal bitcoin mining. An explosion and dense smoke emanating from a house on Lorong Cekara Purnama caught the attention of local residents and, subsequently, law enforcement. This incident not only highlights the

Bitcoin, the flagship cryptocurrency, has recently found itself in a state of price consolidation, teetering within a narrow range. The absence of clear directional cues raises critical concerns among traders and investors about potential future movements. The battle between accumulation—the process of buying assets at lower prices—and distribution—selling assets to take profits—takes center stage in

Over the past year, the Pudgy Penguins NFT collection has captured considerable attention in the evolving landscape of blockchain-based assets. As holders revel in the financial gains facilitated by a series of strategic airdrops, the overarching impact of this initiative on the NFT market cannot be overstated. Recent data indicate an impressive surge in valuation,

The Tron blockchain is currently witnessing an intriguing surge in activities related to meme coins, specifically with the platform titled SunPump. This phenomenon reflects a broader rejuvenation of interest within the cryptocurrency community, particularly concerning the niche category of meme coins, known for their speculative nature and community-driven movements. As traditional investors often shy away

Dogecoin (DOGE), the leading meme cryptocurrency, began the year with a significant surge, crossing the $0.40 mark. However, the optimism proved short-lived as bearish trends took hold, resulting in a noteworthy decline of approximately 30% over the past month, with current trading hovering around $0.27, according to CoinGecko data. This downturn has raised concerns among

In the last day, the cryptocurrency market has shown a notable degree of stability, particularly for Bitcoin (BTC) and other significant altcoins. Bitcoin, which has been trading around $97,500, reflects minimal volatility compared to the previous day’s market activity. Stable trading conditions have been observed for other leading cryptocurrencies as well, including Ethereum (ETH), Ripple

Bitcoin continues to face challenges in its quest for upward momentum, fluctuating around the pivotal 100-day moving average set at approximately $96,000. Already, this area has seen repeated attempts from sellers to undermine support, highlighting the critical nature of this threshold. If the price dips significantly below this level, the market could see a correction

In the ever-fluctuating world of cryptocurrency, recent trends have shown minor volatility as of February 14, 2023. While the overall market capitalization has stabilized around similar figures to the previous day, certain alternative coins have brilliantly defied the trend, demonstrating remarkable surges in their valuations. Bitcoin (BTC), the market leader, remains buoyant above the $97,000