Crypto

In the world of cryptocurrency, meme coins have been making headlines, attracting the attention of investors and traders alike. One particular whale recently made waves by massively accumulating Shiba Inu (SHIB) tokens. This whale went on a buying spree, spending a staggering 4,849 ETH, equivalent to around $18.44 million, to acquire a jaw-dropping 715.9 billion

In recent months, there has been a significant trend in the cryptocurrency market where large bitcoin holders, also known as “whales,” have been accumulating more tokens. The latest data indicates that a specific group of whale addresses now collectively possess over 40% of the total bitcoin supply. This accumulation by large holders, particularly those with

Traders’ positions in the market signal a certain level of excitement surrounding the potential arrival of spot Ethereum ETFs in the United States. While the past week may have been relatively uneventful, projections from K33 research indicate that these investment vehicles could attract an estimated $4 billion within the first five months post-launch. The upcoming

In the tumultuous world of cryptocurrency, Binance Coin has faced its fair share of challenges in 2024. The exchange has been embroiled in legal battles in various jurisdictions, with a recent high-profile case unfolding in Nigeria. This confrontation led to the detention of local company executives, casting a shadow of uncertainty over the future of

The world of cryptocurrency has seen a surge in the popularity of meme coins, with new tokens constantly emerging and capturing the attention of investors. One such example is the frog-themed Brett (BRETT) coin, which has experienced a significant spike in value recently. Introduced just three months ago, BRETT started gaining traction towards the end

Watford Football Club, a professional English football team, has announced its plan to sell 10% of its equity to investors, including its own fans. This groundbreaking move marks a shift in traditional ownership structures within the football industry. Through a partnership with the crypto and startup investment platform Republic and its European crowdfunding arm Seedrs,

Polkadot Blockchain Academy recently launched its fifth cohort in Singapore, aiming to educate and nurture developer talent in the region. The program offers 184 lecture hours and is led by 18 experienced instructors to provide top-tier guidance to the participants. Despite these efforts, the price of DOT, Polkadot’s native cryptocurrency, remains steady at around $7,

Binance, one of the largest cryptocurrency exchanges in the world, recently made an announcement that it will halt trading services for certain cryptocurrencies. This decision has had a significant impact on the price of these assets, causing some of them to experience sharp declines. In addition to discontinuing some trading pairs, Binance has been actively

In a move to advocate for pro-crypto policies and politicians, Ripple has made a significant contribution of $25 million to the Fairshake super PAC. This decision aligns with an industry-wide effort to promote fair and balanced regulation within the cryptocurrency sector. Ripple’s choice to support Fairshake comes in the midst of an ongoing legal battle

Recent geopolitical tensions and rising inflation rates have led to a surge in interest in Bitcoin among American voters. A survey funded by Grayscale, a Bitcoin ETF issuer, has revealed that one in three U.S. voters are now considering a political candidate’s stance on cryptocurrencies before deciding how to cast their vote. This marks a

The cryptocurrency sector faced significant challenges in May, with exploits, flash loans, and exit scams costing the industry a total of $42.6 million. Flash loan attacks emerged as a major contributor to losses, with a staggering $20.7 million lost due to such attacks. Sonne Finance was the hardest hit, losing $20 million, followed by TLN

A recent incident involving two cybersecurity researchers has shed light on the immense challenges of recovering lost cryptocurrency assets. The case in question revolves around an anonymous crypto user who lost access to a wallet containing 43.6 bitcoins 11 years ago. Through a combination of skill, determination, and a bit of luck, researcher Joe Grand

Mastercard has introduced a new feature called Mastercard Crypto Credential, which aims to simplify and secure blockchain transactions. This new capability allows users on Bit2Me, Lirium, and Mercado Bitcoin exchanges to send and receive cryptocurrency using easy-to-remember aliases instead of complex blockchain addresses. By facilitating peer-to-peer transactions, Mastercard is looking to promote broader adoption of

The recent market recovery has not only impacted traditional assets but has also had a significant effect on the XRP Ledger (XRPL). According to a report by Messari, there has been a substantial increase in network activity across various metrics. Active addresses have surged by 37% quarter-over-quarter (QoQ), while transactions have seen a remarkable increase

Recently, the Japanese cryptocurrency trading platform known as DMM Bitcoin fell victim to a devastating hack, resulting in the loss of approximately $305 million worth of Bitcoin. This incident serves as a stark reminder of the vulnerabilities present in the cryptocurrency space, highlighting the need for robust security measures to protect user funds. Following the

Recently, the U.S. District Court for the District of Utah made a significant decision to dismiss the Securities and Exchange Commission’s (SEC) case against Digital Licensing, known as Debt Box. Along with the dismissal, the judge has ordered the SEC to pay around $1.8 million in attorney and receivership fees. This comes after the SEC’s

The rise of meme coin launches in recent years has brought to light the dangers of trading these volatile assets, especially when endorsed by celebrities. The latest example of this is American celebrity Caitlyn Jenner’s JENNER token, which was launched on the Solana blockchain. Despite doubts surrounding the legitimacy of the token, some traders still

Blockchain analysis firm Nansen has recently identified DBS Bank, a leading banking institution in Singapore, as a cryptocurrency whale. The firm’s research revealed that a crypto wallet allegedly owned by DBS Bank contains a substantial amount of 173,753 Ether (ETH), equivalent to approximately $650 million in the current market environment. While DBS Bank has not

Gemini, the crypto exchange founded by billionaire entrepreneurs Cameron and Tyler Winklevoss, recently announced the successful recovery of virtually all its customers’ digital assets. This marks one of the most successful industry recoveries from insolvency to date. The customers of Gemini Earn program received $2.18 billion of their digital assets in kind, which is a

Ryan Salame, the former co-CEO of FTX Digital Markets, was recently sentenced to 90 months in prison for his involvement in illegal political contributions and defrauding the Federal Election Commission. This sentence was handed down by US District Judge Lewis A. Kaplan after Salame pled guilty to conspiring to run an unlicensed money-transmitting business. Salame’s

Grayscale’s Ether exchange-traded fund (ETF) has recently gained approval from the U.S. Securities and Exchange Commission, sparking speculation about the potential impact on market outflows. A recent report by Kaiko suggests that if the trend set by Grayscale’s Bitcoin Trust is any indication, the Ether ETF could see an average outflow of $110 million per

The cryptocurrency market is no stranger to volatility, and the recent case of the Normie (NORMIE) token is a stark reminder of the risks involved in investing in such assets. A smart contract exploit led to a drastic drop in the token’s value, causing significant losses for investors and highlighting the importance of security and

Floki Inu (FLOKI) has experienced a notable 20% increase in the last 24 hours, propelling its market capitalization to approximately $2.6 billion and granting it the fifth position in the meme coin realm. This surge in price may be attributed to heightened interest from traders, upcoming announcements, and a significant token burn enforced by the

Toncoin (TON), the native token of The Open Network blockchain, has been making waves in the cryptocurrency market. According to recent analysis by CryptoQuant, the price of TON has outperformed Bitcoin by an impressive 118% since the beginning of 2024. However, despite its overall success, there are noticeable discrepancies in investor sentiment across different regions.

The Worldcoin project, led by Sam Altman, has recently hit a roadblock in Hong Kong as the Office of the Privacy Commissioner for Personal Data (PCPD) ordered the Worldcoin Foundation to cease all operations in the region due to violations of local privacy regulations. The PCPD discovered that Worldcoin had collected facial and iris biometric

The cryptocurrency exchange giant, Coinbase, has taken a bold step in the fight against online scams by launching the ‘Tech Against Scams’ initiative. This collaborative effort includes industry leaders such as Meta, Ripple, Gemini, Kraken, Match Group, and GASO. The aim of this coalition is to combat online fraud and financial schemes, while also prioritizing

Back in the year 2010, the equivalent of 10,000 bitcoins was a meager two pizza boxes. Fast forward to today, and that same amount of BTC is worth an astounding $690 million, thanks to Bitcoin’s exponential growth. This significant increase in value highlights just how much the cryptocurrency landscape has evolved over the years. With