5 things Ethereum ETFs could mean for altcoins
What will Ethereum ETFs mean for your favorite altcoin projects? Some will clearly benefit, but others — like Solana — may lose.
Posts published on May 28, 2024 go to media archive 2/5
Binance France changes ownership following regulator warning
Former CEO Changpeng Zhao cannot be Binance's beneficiary if it wants to keep its French license.
Bitcoin Inflow To Exchanges At 2016 Levels, Impact On Price Will Be Low Even If Mt. Gox Sells
Bitcoin briefly shot over $70,000 yesterday before plunging below $69,000 to spot rates. While there are hints of weakness, one analyst on X notes that inflow to exchanges like Binance and OKX is subdued, meaning that users are not keen to sell…
Leveraged Ether ETF to Start Trading June 4, Sponsor Volatility Shares Says
Volatility Shares' 2x Ether Strategy ETF (ETHU) will become the first leveraged crypto ETF available in the United States after the U.S. Securities and Exchange Commission (SEC) let it go effective, the company posted on their website, adding that…
Bitcoin Privacy On Trial: Samourai Developers' First Court Hearing Recap
Today, in the Southern District of New York, was the first hearing in the US Department of Justice's (DoJ) case against Samourai Wallet developers Keonne Rodriguez and William Lonergan Hill.I attended the first hearing for the #Samourai Wallet case…
Why was Ryan Salame given a sentence longer than prosecutors recommended?
U.S. authorities had requested a judge impose a sentence of five to seven years on the former FTX Digital Markets co-CEO, but one ordered Ryan Salame to spend 90 months in prison.
Chainlink’s Performance Crucial For Altcoin Market, Analyst Suggests Rally Ahead
Chainlink (LINK) has recently been identified as a significant influencer within the altcoin sector. Noted by crypto analyst Michaël van de Poppe, LINK’s market movements are increasingly seen as a barometer for the broader altcoin ecosystem…
‘Spraying’ Naira Notes Causes Depreciation, Warns Nigerian Anti-Graft Body
The Economic and Financial Crimes Commission (EFCC) has issued a warning against the practice of spraying naira notes at social events, emphasizing that it diminishes the dignity of the currency. In a recent post on its official X page, the…
Market Expert Says XRP Price Reaching $1,000 Is Inevitable, Here’s Why
Despite its unimpressive price action, crypto analysts have maintained faith in the XRP price, offering bullish price predictions for the crypto token. This time, crypto analyst BarriC has predicted that XRP’s price reaching four figures will…
UK Digital Bank Blocks Clients From Performing Crypto Transactions
The London-based digital bank Kroo has barred its clients from engaging in cryptocurrency transactions, joining other U.K.-based banks in this decision. The bank cites the increasing cases of online fraud incidents involving cryptocurrencies as the…
Binance Executive Jailed in Nigeria is Suspected of Having Malaria, Family Says
Tigran Gambaryan, Binance’s compliance head, who remains jailed in Nigeria, is suspected of having Malaria, a family spokesperson told CoinDesk.
Bullish Bitcoin options dominate May’s $6.5 billion expiry
Bitcoin bulls have strong incentives to push the BTC price above $70,000 on May 31, but the clock is ticking.
Riot Platforms proposes $950M buyout for Bitfarms amid CEO dispute
The hostile offer comes after a private offer to the board was rejected in April.
WBTC address poisoner was exposed through ‘digital evidence’ — Match Systems
Experts discovered personal information about the attacker by investigating IP addresses and device data connected to the attack.
Ethereum Deposits At 4-Month High: Whales Preparing For Selloff?
On-chain data shows that the Ethereum exchange netflow recently spiked significantly, a sign that could be bearish for the cryptocurrency’s price. Ethereum Exchange Netflow Registered A Large Positive Spike Recently In a new post on X, the…
Bitcoin investment inflows hit $1B as long-term holders accumulate
Inflows to crypto Bitcoin funds top $1 billion as BTC price remains stuck in a range below all-time highs.
South Korean Bitcoin Premium Rises to 2.23% Amid Market Volatility
This week, bitcoin’s price briefly exceeded $70,000 per coin before declining after the movement of Mt Gox bitcoins, yet the premium for bitcoin in South Korea has significantly increased. Having fallen below the 1% range, the premium on…
Based Doge hit with 'same as Normie’ exploit as 91.4M BOGE is drained
An attacker minted 91 million BOGE tokens and crashed its price, relying on a similar vulnerability as the Normie exploit one day earlier.
Artdollar (AD) Is Now Available for Trading on LBank Exchange
PRESS RELEASE. Road Town, BVI, May 28, 2024 – In a significant move for cryptocurrency and mobile technology enthusiasts, LBank Exchange, a premier global digital asset trading platform, has announced the listing of Artdollar (AD) on May 28…
ESMA labels MEV as 'market abuse’ in latest consultation paper
The European Union's Securities and Markets Authority has recommended treating miner-extracted value (MEV) as a form of market abuse under the MiCA regulatory framework.
Solana Passes Proposal to Assign 100% of Priority Fees to Validators
Solana validators have voted to pass Solana Improvement Document number 96 (SIMD-0096), which proposes that 100% of priority transaction fees will be awarded to validators. This breaks the current model that passes only 50% of these funds to…
Former FTX Executive Ryan Salame Sentenced to 7.5 Years for Criminal Charges
Former FTX executive Ryan Salame was sentenced to seven and a half years in prison by Judge Lewis Kaplan of the U.S. District Court for the Southern District of New York after pleading guilty to criminal charges, including engaging in an unlawful…
$2.7B worth of electricity spent on US Bitcoin mining in 2024 — analyst
Miners' profitability were slashed after the Bitcoin Halving event in April dropped rewards from 6.25 BTC to 3.125 BTC per block.
Former FTX Executive Ryan Salame Sentenced to 7.5 Years in Prison
Salame's lawyers initially asked for 18 months.
Consensus 2024: A Guide to Everything You Don't Want to Miss
600 speakers. 300 sessions. Pitchfest. Hackathon. Karate. Hundreds of side events. There's a lot going at this year's festival. Here are some highlights from across the stages and beyond.
Former FTX exec sentenced to 7.5 years in prison after guilty plea
After Sam Bankman-Fried, Ryan Salame is one of the first individuals connected to FTX and Alameda Research to receive prison time.
$2.9 Billion In Mt. Gox Bitcoin On The Move For The First Time In 5 Years, Where Is It Headed?
Mt. Gox, a bankrupt Bitcoin exchange based in Shibuya, Tokyo, Japan, has executed a large-scale Bitcoin transfer to several unknown wallets. This move has effectively spooked the broader cryptocurrency market, sparking concerns about potential…
Bitcoin Hashrate Hits Record High, Surpasses Pre-Halving Levels
‘Diamond hands’ SHIB holder nets $1.1M profit after 3-year hodl
The trader made an over 400-fold return on their initial investment, which was worth a little over $2,600.