Darknet bad actors work together to steal your crypto, here’s how — Binance CSO
Crypto hackers have turned their attention towards the crypto user and “security hygiene” is more important than ever, according to Binance’s Jimmy Su.
XRP Price Could Regain Strength Above This Key Resistance
Ripple’s token price is moving higher from $0.4560 against the US Dollar. XRP price might gain bullish momentum if it clears the $0.4960 resistance zone. Ripple’s token price is moving higher toward the $0.4960 resistance against the US dollar. The…
US Representative Warren Davidson: ‘CBDC Corrupts Money Into a Tool for Coercion’
Warren Davidson, U.S. representative and part of the House Committee on Financial Services, has disregarded issuing a central bank digital currency (CBDC) in the country. Davidson explained that CBDCs corrupt money into a “tool for…
Ethereum Price Lacks Momentum Above $1,950 But Dips Could Be Limited
Ethereum price failed to test $2,000 and corrected lower against the US Dollar. ETH is testing the $1,930 support and might start a fresh increase. Ethereum is correcting gains from the $1,975 zone. The price is trading above $1,930 and the…
Mark Cuban Says SEC Makes Mistakes in Crypto Regulation, Calls Regulator ‘Arrogant’
Mark Cuban, a Shark Tank star and owner of the NBA team Dallas Mavericks, has slammed the U.S. Securities and Exchange Commission (SEC) for taking a wrong approach to regulating the crypto industry. “The SEC is not infallible. It makes mistakes,”…
Mark Cuban, John Reed Stark clash over the cause of FTX’s collapse
Mark Cuban thinks the SEC could have saved U.S. customers from FTX had it adopted Japan’s approach to crypto regulation, but John Reed Stark disagrees.
Bitcoin Price Could See Fresh “Liftoff” if It’s Able to Hold One Key Level
Bitcoin price corrected gains and retested the $30,650 support. BTC could start a fresh increase if it stays above the $30,000 support zone. Bitcoin is holding gains above the $30,650 support zone. The price is trading above $30,700 and the 100…
Bitcoin Ordinals: This New BRC Standard Could Reduce Inscription Fees By 90%
Luminex, a Bitcoin Ordinals launchpad, has proposed a new standard called BRC-69, which will allegedly optimize the costs of inscribing on this network. This proposal comes barely a month after Bitcoin Ordinals’ developers introduced recursive…
Xi Jinping, Vladimir Putin Push for Increased Settlements in National Currencies
Chinese President Xi Jinping and Russian President Vladimir Putin have pushed for the increased use of national currencies in mutual settlements as more countries shift away from the U.S. dollar. “I consider it essential to increase the share…
Trader Bets Against Ethereum, Losses A Big Chunk Of The $2 Million Margin On GMX
A trader’s big bet against Ethereum caused him to lose a big chunk of his $2 million margin. Considering the firm and steady increment of ETH prices over the last few weeks, more could be at stake. In a series of screenshots shared on July 3 on…
New BRC69 Token Standard Promises 90% Savings for Bitcoin’s Ordinal Inscriptions
While Ordinal inscriptions continue to rise, nearing the 15 million range, a new token standard was revealed on July 3 called BRC69. According to the creators of the concept, it can reduce the costs of inscriptions for Ordinal collections by over…
SSV Network Unveils Plan For Decentralized ETH Staking Infrastructure
The ssv.network has finally announced the launch of its mainnet, bringing a decentralized Ethereum (ETH) staking infrastructure to the Ethereum network. The launch follows more than two years of testing and refining, and the network is poised to…
Former SEC Official Calls CBDC ‘the Most Absurd Financial Idea’ Citing Unnecessary Risks, Privacy, Cybersecurity Concerns
The U.S. Securities and Exchange Commission’s (SEC) former head of internet enforcement has called the creation of a central bank digital currency (CBDC) “the most absurd financial idea in the history of monetary policy.” He warned that a…
Shiba Inu Records Accelerated Burn Rate, But Price Fails To Respond
Shiba Inu is one of the meme coins that has managed to maintain its popularity in the crypto market as its community remains committed to reducing the circulating supply of the asset. To this end, there has been a significant increase in the SHIB…
Litecoin Primed For 13% Rally Soon Upon Breaking Past This Level
Litecoin has demonstrated a consistently positive trend in recent weeks, reflecting a strong market sentiment. As the broader market has gained strength in recent trading sessions, Litecoin has managed to sustain its gains. The price of Bitcoin has…
Voyager Digital’s Bankruptcy Battle Racks Up Millions in Legal Expenses
A recent court filing from the now-insolvent Voyager Digital Holdings and its creditor committee revealed that legal expenses amounting to $16.5 million have accumulated from July 22, 2022, through May 18, 2023. The records indicate that between…
Advocates call for Hong Kong govt stablecoin to compete with Tether and USD Coin
“Issuing a stablecoin pegged to the Hong Kong dollar not only helps to solidify Hong Kong’s leadership in the blockchain sector but also propels the progress of the digital Hong Kong dollar," said the report.
LBank Labs Launches $10 Million MEME Special Fund, Aiming to Nurture High-Quality Early-Stage Innovation Projects
PRESS RELEASE. LBank Labs, the venture capital arm of the global exchange LBank, has today announced the establishment of a $10 Million MEME Special Fund. The move is intended to encourage high-quality early-stage innovative MEME projects, foster…
Bitcoin Bulls Stampede: Bitfinex Report Points To Early Signs Of Bull Market
Bitfinex, one of the world’s leading cryptocurrency exchanges, has released a report indicating that Bitcoin (BTC) has been sold in profit since its initial break above $30,000, suggesting early signs of a bull market. The report highlights…
Ethereum Whale Transactions Jump Over 50% As ETH Eyes $2,000
Ethereum whales have been ramping up their activities on the blockchain as it eyes an important level. This time around, their recent spike in activity has been in the form of transactions. These whale transactions which are carrying at least…
UK government moves forward on bill aimed at empowering authorities to seize crypto
Following a third reading in the House of Lords, the Economic Crime and Corporate Transparency Bill will return to lawmakers to consider changes before being signed into law.
The High Rate Environment — Bank of America Faces Paper Losses Exceeding $100 Billion
Following the aftermath of the United States’ three major bank collapses, several market observers argue that the banking crisis in the country persists. Bank of America has recently garnered significant attention, with the Federal Deposit…
Lido, Rocket Pool team members argue over decentralization
A Lido team member claimed Rocket Pool is not really governed by its DAO, but Rocket Pool community members pushed back, claiming the protocol is becoming more decentralized.
Federal Reserve Certifies 57 Organizations For Instant Payments System ‘FedNow’
The United States Federal Reserve has made a significant announcement regarding the certification of 57 organizations, including financial institutions and service providers, for the highly anticipated launch of the FedNow Service. With major…
TRX Bulls Charge Ahead As Tron Network Prepares For Major Upgrade
The Tron (TRX) Network is set to undergo a major upgrade on July 11th, and TRX and other key metrics have seen a steady uptrend as the upgrade approaches. The upcoming Periander upgrade brings significant enhancements to the Tron Network, while TRX…
‘Bidenomics’ Agenda Struggles to Gain Support as Joe Biden’s Approval Ratings Plummet
Over the past week, U.S. president Joe Biden has been engaged in discussions regarding his economic agenda, commonly referred to as “Bidenomics,” with the aim of establishing a strong groundwork for his 2024 reelection campaign…
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