In an alarming trend for privacy-centric cryptocurrencies, a new report by Kaiko outlines that nearly 60 delistings of privacy tokens from centralized exchanges have taken place this year—a notable record since 2021. This surge in delistings prominently affected major privacy tokens such as Monero (XMR), Dash (DASH), Decred (DCR), Mask (MASK), Rose (ROSE), and Zcash
Shiba Inu (SHIB), one of the most prominent figures in the meme coin category, has recently exhibited noteworthy price fluctuations. After a challenging start to October, when SHIB saw a dip in value, the token managed to gain traction, experiencing a 4% increase. This recovery has sparked a wave of optimism among enthusiasts, with some
Metaplanet, a Tokyo-listed company often dubbed as Japan’s equivalent of MicroStrategy, is making waves in the cryptocurrency market with its increasing Bitcoin acquisitions. Recently, the firm showcased its unwavering confidence in Bitcoin by acquiring an additional 108.786 Bitcoins for approximately 1 billion yen, highlighting its aggressive investment strategy. This bold move aligns with the broader
On the morning of October 7, the cryptocurrency market witnessed an unforeseen event: Bitget’s BGB token experienced a staggering 50% drop, plunging from $1.14 to $0.64 within a matter of moments. Such dramatic fluctuations in the value of crypto assets aren’t new, yet the speed and intensity of this particular crash caught many investors off-guard.
Recent announcements by the Hong Kong Securities and Futures Commission (SFC) suggest a pivotal transition in the region’s approach to cryptocurrency regulation. According to a report from Hong Kong 01 on October 7, the SFC aims to issue additional licenses to cryptocurrency businesses by the end of the year. This initiative follows the recent approval
In a significant legal development for the cryptocurrency industry, TrustToken and TrueCoin, the entities responsible for the TrueUSD (TUSD) stablecoin, have recently finalized a settlement with the U.S. Securities and Exchange Commission (SEC). This settlement arises from serious allegations of fraudulent practices and the unregistered sale of investment contracts related to TUSD. By agreeing to
Opeyemi’s journey into the cryptocurrency world is a testament to how life can sometimes lead us to opportunities we never anticipated. Two years ago, he took a leap into the complex ecosystem of digital assets not out of an initial passion, but rather due to curiosity. This curiosity evolved into a profound commitment, transforming Opeyemi
As reported in the latest cybersecurity analysis, the third quarter of 2024 marks a significant drop in the number of hacking incidents, with only 28 breaches recorded—the lowest number in three years. While this reduction is a positive sign, amounting to a decrease in the frequency of cybercrime, the overall financial implications are dire. Approximately
Semilore Faleti has carved out a remarkable niche as a cryptocurrency writer, focusing on the complex realms of blockchain technology and digital assets. Like many in the field, Semilore’s journey did not begin in the world of cryptocurrency. He ventured into writing across various topics before he realized that his true calling lay in addressing
In a groundbreaking move that acknowledges the growing intersection of faith and finance, Bybit has officially launched an Islamic crypto account aimed squarely at its Muslim clientele. Announced on September 24, CEO Ben Zhou heralded this initiative as the world’s first Shariah-compliant crypto account. As cryptocurrency increasingly finds its way into various aspects of daily
The past week has marked a significant shift in the market dynamics surrounding U.S. spot Bitcoin exchange-traded funds (ETFs). What was once a promising trajectory of inflows, with over $1.1 billion being attracted in just five trading days, came to a crashing halt. The immediate cause of this downturn appears intertwined with rising geopolitical tensions
The gaming landscape continues to innovate and expand, particularly within the cryptocurrency realm, where games like Rocky Rabbit are taking center stage. The recent introduction of RabBitcoin (RBTC) tokens on The Open Network (TON) has sparked significant interest among players, especially following the much-anticipated airdrop. With the initial airdrop concluded, the developers of Rocky Rabbit
On October 2nd, Taiwan’s Financial Supervisory Commission (FSC) took a significant step in its regulatory journey by unveiling updated Anti-Money Laundering (AML) regulations aimed at enhancing the oversight of Virtual Asset Service Providers (VASPs). This move signals a robust response to the increasing complexity and risks associated with digital assets, particularly as they have become
Wrapped Bitcoin (WBTC) emerges as a pivotal player in the world of tokenized assets, particularly in decentralized finance (DeFi). Developed collaboratively by industry leaders such as BitGo, Kyber Network, and Ren, WBTC serves as a 1:1 representation of Bitcoin on blockchains like Ethereum and Solana. This innovation allows Bitcoin holders to leverage their assets in
Opeyemi’s entry into the cryptocurrency universe might not have been a deliberate plan, yet it unfolded into a profound passion that has shaped his endeavors over the past two years. Initially, attracted by the allure of digital currencies without a clear sense of direction, he has evolved into a knowledgeable enthusiast who finds joy in
In an era where cryptocurrencies are rapidly gaining traction, the state of Ohio is taking significant steps towards integrating Bitcoin and other digital assets into its tax payment system. Recently, Ohio State Senator Niraj Antani introduced a legislative bill designed to allow residents to settle their state and local taxes using cryptocurrencies. This initiative not
In recent days, Ethereum (ETH) has experienced a notable downturn, retracting approximately 10.3% from its recent peak values. This decline has sparked concern among both analysts and investors, who are increasingly worried that Ethereum may be on the verge of another major correction. The cryptocurrency, after facing a setback on October 1, has struggled to
In the ever-evolving landscape of cryptocurrency, the last 24 hours have evidenced significant fluctuations, particularly surrounding Bitcoin. The leading digital currency experienced a notable surge, breaking through the $62,000 mark and showcasing the inherent volatility that characterizes this burgeoning market. As Bitcoin rallied, it created space for smaller altcoins to recover, fostering a brief renaissance
OpenSea, once hailed as the leading platform for non-fungible tokens (NFTs), has found itself in troubled waters. This downturn is not just a fleeting moment; it appears symptomatic of broader issues within the NFT ecosystem. As engagement plummets and competition intensifies, the once-dominant marketplace is struggling to maintain its foothold. A concerning trend for OpenSea
The month of October 2024 promises to be a transformative period for enthusiasts of Telegram-based platforms, particularly within the gaming sector. As the blockchain gaming ecosystem evolves, several high-profile projects are leveraging airdrop events and token listings to foster community engagement and boost participation. This article explores the upcoming airdrops, the significance behind these initiatives,
Opeyemi’s journey within the world of cryptocurrency is emblematic of an evolving narrative, one that is as captivating as the digital currency itself. Initially stumbling into this unique financial landscape, he has crafted his niche over the last two years by becoming a proficient writer. His enthusiasm shines through in every piece he produces, showcasing
The world of cryptocurrency is often seen as a paradise for innovation, decentralization, and the promise of financial freedom. However, this digital realm was overshadowed in September 2024 by a wave of cybercrime that exposed the vulnerabilities of blockchain technology. A report from PeckShield, a notable blockchain security firm, highlighted over 20 significant hacking incidents,
Recently, the sale of a CryptoPunk NFT for an astonishing $56.3 million has stirred significant debate within the cryptocurrency community, raising eyebrows and skepticism in equal measure. This particular digital asset, known as Punk 1563, features a pixelated depiction of a woman with dark hair and blue eyes. However, the surrounding circumstances of this transaction
A recent survey conducted by ConsenSys in partnership with HarrisX reveals an interesting trend among U.S. voters: nearly half of them (49%) now consider a candidate’s pro-crypto stance as an important factor in their voting decisions. This statistic is significant, highlighting an evolution in political sentiments as cryptocurrency continues to infiltrate mainstream discussions. Perhaps more
In an ever-evolving digital landscape, Semilore Faleti has emerged as a significant figure in cryptocurrency journalism. His journey began with a broad focus on various subjects, but it quickly transformed into a specialization in the intricate world of cryptocurrencies and blockchains. By delving into these complexities, Semilore has developed a unique perspective on digital assets,
Semilore Faleti’s entrance into the domain of cryptocurrency journalism showcases an intriguing blend of passion and expertise that is reshaping the narrative surrounding digital assets. Initially, Semilore explored a myriad of topics in his writing career. However, it wasn’t long before he discovered a profound affinity for the complexities of blockchain technology and cryptocurrency. His
In the rapidly evolving landscape of cryptocurrency, Cardano (ADA) has recently captured attention following its Chang hard fork upgrade that occurred in September. Charles Hoskinson, the platform’s founder and a notable figure in the blockchain community for co-founding Ethereum (ETH), has lauded Cardano’s advancements, asserting its position as a leading contender among cryptocurrencies. He firmly