[Feb 2, 2024 7:00 PM] In recent developments, two California school district officials have admitted guilty to stealing up to $1.8 million and misappropriating electricity to finance and operate a clandestine crypto-mining operation. The United States Department of…
[Feb 2, 2024 6:10 PM] BNB, the native token of the Binance Smart Chain, experienced a drop on Friday, showing a huge red candlestick after opening at around $305 and moving downward toward $297.93. This downward move began with a rejection at $312.53 on Wednesday…
[Feb 2, 2024 5:30 PM] The first cross-border digital dirham payment was completed by Sheikh Mansour Bin Zayed Al Nahyan, Chairman of the Board of the Central Bank of the UAE, using the Mbridge platform, a central bank digital currency (CBDC) liquidity and…
[Feb 2, 2024 4:30 PM] Facing charges from the SEC over its crypto lending practices, Genesis has agreed to a $21 million settlement. This move aims to close a chapter of legal challenges following the company’s bankruptcy filing last year amid a wider crypto market…
[Feb 2, 2024 3:30 PM] The prospects of Australian creditors of the crypto exchange FTX getting all their money back recently received a boost after a judge ruled that only those who initiated Australian dollar withdrawal requests are entitled to a share of the $26…
[Feb 2, 2024 2:00 PM] Despite the XRP price’s recent decline, Crypto analyst Egrag Crypto has provided a reason to believe that this presents the perfect opportunity to accumulate more of the token rather than lose conviction in its potential. XRP On Its Way To…
[Feb 2, 2024 1:30 PM] OPNX has declared it will cease all activities next month. This decision comes as co-founders Su Zhu and Kyle Davies grapple with legal repercussions stemming from their previous venture’s failure, Three Arrows Capital. OPNX to Shut Down Amid…
[Feb 2, 2024 1:00 PM] Market analysts have recently observed a notable pattern in Bitcoin price chart, potentially signaling a shift in the market trend. Jake Wujastyk, a prominent market analyst, has particularly pointed out the emergence of an inverse head and…
[Feb 2, 2024 11:30 AM] The Office of Foreign Assets Control (OFAC) has revoked the license of Minerven, the Venezuela-owned gold company, for commercializing gold in international markets. The sanctions on Minerven, which were eased in October, will be applied again on…
[Feb 2, 2024 10:30 AM] On Friday, Feb. 2, 2024, the Bitcoin network witnessed a significant milestone as its mining complexity metric surged by 7.33% at block height 828,576. This marked the most substantial increase in difficulty for the year thus far. The current level…
[Feb 2, 2024 9:30 AM] On the final day of January 2024, a series of nine enigmatic transactions emerged from wallets established in 2016. Subsequently, another tranche of 15 transactions from wallets created on that same day in 2016 moved a total of 1,210.41 bitcoin…
[Feb 2, 2024 9:30 AM] Market intelligence platform Santiment recently revealed how XRP whales look to be going all in on XRP following significant purchases of the crypto token. Notably, these buys are said to be the most since Ripple’s partial victory over the…
[Feb 2, 2024 8:15 AM] According to the latest metrics, Grayscale’s Bitcoin Trust, commonly referred to as GBTC, saw a decline of approximately 9,520.27 bitcoins, valued at around $410 million, between Jan. 31 and Feb. 1, 2024. During a two-day period…
[Feb 2, 2024 7:11 AM] On Friday, the price of bitcoin fluctuated within a daily span from $41,937 to $43,347, with its market value reaching $846 billion. The trading activity for the day tallied up to $17.35 billion, showcasing a spike in investor involvement and…
[Feb 2, 2024 6:30 AM] Chainlink (LINK), the leading oracle network on the blockchain, has been on a tear, outperforming the broader market with a 30% gain in the past week. This surge has pushed LINK’s price to $17.82, solidifying its dominance among altcoins, as…
[Feb 2, 2024 6:30 AM] The collapsed cryptocurrency exchange FTX will not be proceeding with efforts to resume operations because none of the prospective suitors has pledged to invest the needed capital, the company’s attorney has said. A U.S. Bankruptcy Court…
[Feb 2, 2024 6:17 AM] The Financial Services and the Treasury Bureau will consult on over-the-counter venues like shops and online platforms following the outlets' role in crypto fraud cases.
[Feb 2, 2024 4:30 AM] The High Court of Singapore has denied Three Arrows Capital’s (3AC) attempt to dismiss a lawsuit by Defiance Capital founder Cheong Jun Yoong, affirming the legal standing of digital assets in trust disputes. Singapore Court Upholds Defiance…
[Feb 2, 2024 3:50 AM] In the dynamic world of cryptocurrency, Arthur Hayes, the former CEO of BitMEX, is painting an optimistic picture for the potential recovery and growth of Solana in the crypto market. Known for his adept navigation through market fluctuations…
[Feb 2, 2024 2:30 AM] European payment platform Monei has announced the start of the testing phase of EURM, a euro-pegged stablecoin, as part of the Bank of Spain’s national financial sandbox. The token will leverage Ethereum’s and Polygon’s…
[Feb 2, 2024 12:30 AM] Leading members of the U.S. House Financial Services Committee, Chairman Patrick McHenry, Subcommittee Chairman French Hill, and Representative Mike Flood, have requested an extension of the public comment period for the CFPB’s proposed rule…
[Feb 1, 2024 10:30 PM] The number of banks participating in Russia’s central bank digital currency pilot has increased to 30. Seventeen banks have signed an agreement with the Bank of Russia to participate in the digital ruble program. They will join 13 other…
[Feb 1, 2024 9:00 PM] A recent survey conducted by Bitget has shed light on investors’ optimistic outlook towards the upcoming Bitcoin (BTC) halving event scheduled for April 2024. Notably, the survey indicates that most respondents anticipate Bitcoin surpassing…
[Feb 1, 2024 8:00 PM] According to data shared by renowned crypto analyst Ali, Bitcoin has recently witnessed a significant development in its investment dynamics, marking a notable shift in the crypto market. In a post on X published earlier today, Ali disclosed that…
[Feb 1, 2024 6:30 PM] The U.K. Metropolitan Police have reportedly seized more than 61,000 bitcoins from a massive Chinese investment fraud. A British citizen is accused of laundering bitcoin for a Chinese fugitive who allegedly stole roughly $6.4 billion from more than…
[Feb 1, 2024 6:30 PM] India’s central bank is taking a very cautious approach in developing its digital rupee, a senior official familiar with India’s central bank digital currency (CBDC) pilot programs told CoinDesk, though it's making some progress.
[Feb 1, 2024 6:00 PM] Polkadot, the computing platform known for its interoperability and scalability, has shown remarkable growth in key metrics during the latter part of 2023, as outlined in a recent report by Messari. Outpacing Crypto Market Growth According to…
[Feb 1, 2024 5:30 PM] On Feb. 1, 2024, Valkyrie Digital Assets, a cryptocurrency asset manager, revealed in a Form 8-K submission to the U.S. Securities and Exchange Commission (SEC) that it has selected Bitgo to provide custodial services for its spot bitcoin…
[Feb 1, 2024 4:30 PM] A recent international survey by Bitget has illuminated the crypto market’s hopeful perspective, drawing insights from close to 10,000 individuals across areas such as West Europe, East Europe, Southeast Asia, East Asia, MENA, and Latin…
[Feb 1, 2024 3:30 PM] Celsius has concluded its Chapter 11 bankruptcy process and is embarking on a new journey with the launch of Ionic Digital, Inc., a bitcoin mining company managed by Hut 8 Corp. This development follows a complex legal and financial restructuring…
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