Cryptocurrency
Celsius Bankruptcy: Creditors Seek Millions in Lost Crypto Value
Two corporate creditors of bankrupt crypto lender Celsius are seeking additional compensation, claiming unfair treatment compared to individual account holders in the firm’s repayment plan. Filed on June 3, with...
Binance’s KYC Crackdown Underscores Importance of KYC in Web3
Binance has taken action against fraudulent activities within its Megadrop campaign, banning 297 main accounts. One notable incident involved an account that attempted to accumulate over 9,000 KYC profiles. Consequently,...
U.S. Economic Data to Determine Short-Term Bitcoin Price Movement
Bitcoin may have found a local price floor, according to Gustavo Faria, co-founder of analytics firm Nosy. Faria’s analysis cites key on-chain and market indicators suggesting a potential turning point...
FTX Bankruptcy: $16 Billion Recovered, Cash Payments Planned for Customers
A U.S. bankruptcy court has approved FTX’s liquidation plan, paving the way for the beleaguered crypto exchange to repay customers in cash following its high-profile collapse. This decision comes after...
The Crypto Scam That Landed Two Executives in Prison
Philadelphia residents Shane Hampton and Florida-based Michael Kane have been sentenced for manipulating the price of Hydrogen Technology’s native cryptocurrency, HYDRO. The two were accused of orchestrating a scheme to...
Another Major USDC Burn: Circle Destroys Millions of Stablecoins Again
Circle, the issuer of USD Coin (USDC), has burned 150 million USDC tokens, equivalent to approximately $150 million. Whale Alert noticed the transaction occurred on the Ethereum blockchain, where Circle...
Paying Your Taxes with Bitcoin? It Could Soon Be a Reality in the U.S.
Florida Republican Congressman Matt Gaetz introduced a bill on Tuesday that would authorize federal income taxes to be paid using Bitcoin. This proposed legislation, if enacted, would require the U.S....
Cardano Network Thwarts DDoS Attack Targeting Staked ADA
Cardano successfully defended against a Distributed Denial of Service (DDoS) attack that targeted staked ADA tokens on Tuesday. Despite the attack, the network remained fully operational. The DDoS attack aimed...
Singapore’s Alchemy Pay Expands into South Korea with Danal Partnership
Alchemy Pay, a Singapore-based payment gateway bridging crypto and fiat currencies, has partnered with South Korean firms Danal and Danal Fintech to expand their global reach and enhance payment solutions....
Nomura Survey Reveals Surprising Crypto Adoption Trends in Japan
A new survey by Nomura Holdings and Laser Digital Holdings reveals that 54% of Japanese institutional investors plan to enter the crypto market within the next three years, signaling a...
Investor Anthony Pompliano Proposes Stablecoins as Solution to U.S. Debt Crisis
Anthony Pompliano, known for his outspoken views on Bitcoin, suggests stablecoins could address the escalating U.S. debt crisis by providing a reliable and expanding source of demand for U.S. treasuries....
Cardano Gets Major Boost with Dex Tools and Dex Screener Listing
Cardano (ADA) is now accessible on popular crypto analytics platforms Dex Tools and Dex Screener, potentially boosting visibility and attracting new investors to the blockchain platform. The integration update, made...
WikiLeaks’ Assange Leaves U.K. After Reaching Deal with U.S. Prosecutors
WikiLeaks co-founder Julian Assange has left the U.K. for a Saipan courtroom, ending his years-long legal battle with the U.S. government. After five years in a U.K. jail and nearly...
Top Analysts Predict Bitcoin’s Next Price Moves, Warning of Potential Market Downturn
Bitcoin’s key support levels are under scrutiny as analysts predict potential price declines that could ripple across the cryptocurrency market, according to the latest Forbes analysis. Forbes’ analysis emphasized Bitcoin’s...
Innovation Over Speculation: Justin Sun’s Roadmap for Crypto’s Future
TRON founder Justin Sun recently urged the crypto community on X (formerly Twitter) to prioritize innovation and long-term progress over short-term price fluctuations in the volatile cryptocurrency market. Sun asserts...
Did Jason Derulo Pump and Dump PUMP Token? A Closer Look at the Data
Jason Derulo’s recent tweet mentioning “pumpdotfun” has coincided with a surge in trading activity for the PUMP token, despite a slight price dip in the past 24 hours. PUMP’s price...
Fisker Bankruptcy Sends Farfarcana Stock Plunging, Investors Reeling
Shares of Farfarcana ($FSR) have plunged 53.6% following Fisker Inc.’s Chapter 11 bankruptcy filing, raising concerns about the electric vehicle maker’s future and the fate of its investors. Fisker Inc....
Phishing Attacks Escalate on TON Network, Toncoin Price Dips
Phishing attacks are surging within the TON ecosystem, targeting users’ wallets and accounts on the Telegram platform, according to security experts. These malicious activities target users through deceptive methods such...
Light Protocol and Helius Labs Just Gave Solana Superpowers: Here’s How
Solana is introducing zero-knowledge (ZK) compression directly on its Layer 1 blockchain, aiming to increase scalability by up to 10,000 times and reduce the cost of on-chain operations. This innovative...
Igloo Inc.: The New Crypto Company Betting Big on NFTs
Pudgy Penguins, the popular NFT brand, and OverpassIP, a leading NFT licensing platform, have united under a new parent company, Igloo Inc., aiming to revolutionize the crypto experience for newcomers....
Bitcoin Double Top Formation Raises Alarm Bells for Investors
Bitcoin (BTC) is exhibiting signs of a potential bearish trend change ahead of a key data release that could influence the Federal Reserve’s interest rate decisions. Bitcoin’s price has experienced...
Korean Financial Institute Raises Concerns Over Spot Crypto ETFs
South Korea’s financial watchdog has warned against the introduction of spot crypto Exchange-Traded Funds (ETFs), arguing they could harm the nation’s economy and financial stability. A section of the recently...
Mt. Gox Trustee Initiates Bitcoin, Bitcoin Cash Payouts to Creditors
Creditors of the defunct cryptocurrency exchange Mt. Gox are finally set to receive long-awaited repayments in Bitcoin (BTC) and Bitcoin Cash (BCH), starting in early July 2024, as announced by...
Bitcoin ETF Outflows and Fed Uncertainty Drive Cryptocurrency Market Decline
The cryptocurrency market has suffered significant setbacks, marking its second-worst weekly performance of 2024. Data from Bloomberg indicates that the top 100 digital assets fell a collective 5% last week,...
Asia’s Microstrategy? Metaplanet’s Bold $1B Bitcoin Bet
Metaplanet, dubbed Asia’s “Microstrategy,” plans to purchase 1 billion yen worth of Bitcoin using proceeds from its second series of ordinary bonds. This decision was reached during a recent Board...
