81 / 238 Relevant items tagged with #Cryptocurrency
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Crypto Exchange Gate.HK Ceases Operations — Urges Users to Withdraw Assets
[May 24, 2024 7:10 AM] Gate.HK, the Hong Kong arm of cryptocurrency exchange Gate.io, is undergoing a significant platform overhaul to enhance security and compliance, withdrawing its applications for licensing under Hong Kong’s Securities and Futures Ordinance…
UAE agriculture authority prohibits crypto mining on farms: Report
[May 24, 2024 7:07 AM] Those caught mining crypto on farms face fines of up to 10,000 dirhams, or about $2,722.
Ethereum Eyes $4,000 Comeback Fueled By Bullish Buying Spree
[May 24, 2024 6:30 AM] Ethereum (ETH), the world’s second-largest cryptocurrency, has been on a tear lately. After months of hovering, the coin has seen a surge in price, and analysts are now pointing to signs within the derivatives market suggesting this rally…
Bitcoin Technical Analysis: BTC Consolidation Signals Range-Bound Activity
[May 24, 2024 6:01 AM] Bitcoin is currently priced at $67,350, with a market capitalization of $1.32 trillion and a trading volume of $42.36 billion. The cryptocurrency’s price has fluctuated within the range of $66,665 to $70,028 over the last 24 hours. Bitcoin…
Can stablecoins save US freelancers from Venmo fee hike? Industry weighs in
[May 24, 2024 5:22 AM] According to Dan Romero, as Venmo introduces higher fees, stablecoins could emerge as a potential lifeline for 1099 workers.
Paraguay Cracks Down on Illegal Bitcoin Mining: Over 550 Miners Seized
[May 24, 2024 5:20 AM] Paraguayan authorities have intensified their efforts to fight illegal bitcoin mining, using innovative techniques including artificial intelligence (AI) and its distribution systems to detect these activities. In less than a week, two new illegal…
US courts to handle Coinbase Dogecoin sweepstakes disputes
[May 24, 2024 2:07 AM] Justice Neil Gorsuch emphasized that arbitration is a matter of contract and parties can agree to have an arbitrator resolve threshold arbitrability questions.
Federal Reserve Poll Reveals Only 7% Used Cryptocurrency in 2023; Contradicts Coinbase Data
Former Bank CEO Pleads Guilty to Embezzling $47M to Buy Crypto, Leading to Bank Collapse
[May 23, 2024 8:05 PM] Former Heartland Tri-State Bank CEO Shan Hanes pleaded guilty on Thursday to embezzling $47.1 million for personal cryptocurrency purchases, leading to the bank’s collapse. From May to July 2023, Hanes executed at least 10 wire transfers from…
Kelp DAO Secures $9 Million in Private Sale to Boost Defi Expansion
[May 23, 2024 7:35 PM] Kelp DAO, a liquid restaking platform, has completed a private funding round, amassing $9 million to propel its growth in the decentralized finance (defi) sector. The funding aims to enhance the platform’s capabilities and expand into new…
Indian Central Bank RBI Warns Retail Investors of Crypto’s Lack of Accountability and Stability
Ebury Botnet Expanding: Malware Continues to Steal Cryptocurrency
[May 23, 2024 4:33 PM] ESET Research has disclosed that the Ebury botnet, a formidable malware campaign targeting servers, is still active and expanding. Initially recognized for its capability as a server-side backdoor, Ebury has compromised roughly 400,000 Linux…
US Congress Building Pro-Crypto Army, Lawmaker Says
[May 23, 2024 3:50 PM] Crypto is gaining momentum among U.S. lawmakers. Senator Cynthia Lummis stated: “We are building a pro-crypto army in Congress.” This declaration came shortly after the House of Representatives passed the landmark Financial Innovation and…
Former Bitmex CEO Arthur Hayes: A Weak Yen Solution Might Propel Bitcoin to $1 Million
[May 23, 2024 1:34 PM] Arthur Hayes, former CEO of Bitmex and current CIO of Maelstrom, has predicted the geopolitical and economic dynamics that will be taken to equilibrate the exchange rate between the U.S. dollar and the Japanese yen might propel bitcoin prices to $1…
Bybit CEO Dismisses Hacking, Insolvency Claims; Says Rumors Lack Factual Basis
[May 23, 2024 11:43 AM] Ben Zhou, co-founder and CEO of Bybit, has dismissed rumors circulating on social media that the cryptocurrency exchange has been hacked or is insolvent. Zhou stated that these rumors are not supported by facts, and users should be cognizant of…
Nigerian Prison Agency Held Responsible for Court Absence of Jailed Binance Executive
[May 23, 2024 11:20 AM] The Nigerian Correctional Service recently faced accusations of failing to bring Tigran Gambaryan, a jailed Binance executive, to a court hearing on May 22. A lawyer representing the Nigerian revenue collection agency subsequently requested the…
Spokesperson Hints at Sam Bankman-Fried’s Possible Move to California Prison
[May 23, 2024 10:16 AM] According to the Wall Street Journal, the convicted FTX co-founder Sam Bankman-Fried (SBF) is being transferred from the Metropolitan Detention Center in Brooklyn to an undisclosed location. Sources speculate that SBF might be headed to the Federal…
Analyst: Gold Demand From China Continues Supporting the Bull Market
[May 23, 2024 9:37 AM] Jan Nieuwenhuijs, a gold market analyst, has assessed the state of the gold market, reporting that growing demand from both the private market and the People’s Bank of China (PBOC) has been instrumental in the rise of gold prices. Chinese…
US Lawmakers Pressure SEC to Apply Same Principles for Ethereum as Bitcoin ETFs
[May 23, 2024 8:25 AM] Five U.S. representatives have called on the U.S. Securities and Exchange Commission (SEC) and Chair Gary Gensler to ensure a uniform and fair treatment in their review of upcoming ethereum exchange-traded funds (ETFs), similar to their method used…
Bitcoin Difficulty Rises 1.48% Reaching 84.38 Trillion at Block 844,704
Déjà Vu? Bitcoin Price Eyes Repeat Performance, Could Hit $140,000 By August – Analyst
[May 23, 2024 7:00 AM] Recent bitcoin analysis and predictions from leading experts shed light on the potential trajectory of the top crypto asset’s price in the coming months, with a focus on 2024 and beyond. Market Insights And Price Forecasts For Bitcoin As the…
QCP Capital Predicts 60% Rally With Imminent US Approval of Spot Ethereum ETFs
[May 23, 2024 6:45 AM] Crypto asset trading firm QCP Capital has forecasted a potential 60% increase in the price of ether, projecting it could surge to around $6,000 if the U.S. approves spot ethereum exchange-traded funds (ETFs). The prediction coincides with a…
Elusive 2010 Bitcoin Mega Whale Moves 2,000 BTC Worth $138M in Fourth Transfer of 2024
[May 23, 2024 6:16 AM] Blockchain data indicates the reappearance of the elusive mega whale from 2010, who expended 2,000 BTC valued at $138 million on May 22, 2024. The large transfer marks the fourth occurrence of this whale this year, with a cumulative expenditure of…
Non-Empty USDC And USDT Wallets See 13.9% And 15.7% Spike, Why This Is Good For Crypto
[May 23, 2024 6:00 AM] Non-empty wallets for stablecoins such as Circle’s USDC and Tether’s USDT have been on the rise for a while now as crypto prices have recovered since the start of the year. This has come to a head as the non-empty wallets have grown double-digits…
Nigerian prison fails to bring Binance exec to court
[May 23, 2024 4:50 AM] Prosecution counsel Moses Idehu requested a brief stand-down of the case, seeking to temporarily adjourn the matter later to resolve the issue.
South African Prosecutors Set to Pursue Collapsed Pyramid Scheme Co-Conspirators
[May 22, 2024 7:41 PM] South African prosecutors are reportedly investigating co-conspirators of Mirror Trading International and may charge them with fraud or forgery. The declaration of the scheme as unlawful may have strengthened the National Prosecuting Authority’s…
Standard Chartered Predicts Bitcoin Could Hit All-Time High This Weekend
Coinbase, Ripple, Meta Join Forces to Fight Crypto Scams, Including Pig Butchering
[May 22, 2024 5:16 PM] Leading crypto and tech companies, including Coinbase, Ripple, Meta, Kraken, and Gemini, have formed a coalition to combat online fraud, including crypto scams like the pig butchering scheme. “We are dedicated to disrupting emerging online…
House Passes Landmark Crypto Bill Marking ‘Historic Day’ for Americans
[May 22, 2024 4:38 PM] The U.S. House of Representatives has approved the Financial Innovation and Technology for the 21st Century (FIT21) Act for the regulation of crypto assets despite opposition from President Joe Biden and SEC Chair Gary Gensler. This landmark…