173 / 238 Relevant items tagged with #Cryptocurrency
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Convicted Sam Bankman-Fried’s Legal Battles Rage On Amidst SEC, CFTC Charges, and Class Action Fury
[Nov 7, 2023 5:30 PM] Sam Bankman-Fried was convicted on all charges in the Department of Justice’s fraud case against the ex-FTX chief, but his legal woes are far from over. He is also under pressure from the U.S. Securities and Exchange Commission (SEC) and the…
SOL Price Reaches $41, But What’s Happening In Solana Ecosystem?
[Nov 7, 2023 4:00 PM] Solana (SOL) has garnered significant attention in the cryptocurrency market, surpassing its peers with an impressive 79% upward trend over the past 30 days. As its price continues to soar, inquiries have arisen regarding the reaction of the Solana…
Binance Launches High-Yield USDT Earning Program Amid Fierce Market Competition
Coinbase Website Blocked in Kazakhstan Amidst Crypto Securities Law Enforcement
[Nov 7, 2023 1:30 PM] Regional reports from Kazakhstan indicate that Coinbase, one of the largest crypto exchanges globally, has been blocked as it reportedly “violates paragraph 5 of Article 11 of the Digital Assets Law of the Republic of Kazakhstan.”…
November Marks Rare Awakening of 2 Vintage 2010 Bitcoin Wallets Valued at $3.4 Million
[Nov 7, 2023 11:30 AM] Bitcoin has surged over 24% against the U.S. dollar this month, and on November 7, 2023, an intriguing event took place: two dormant bitcoin addresses from 2010 were activated and transferred roughly 100 BTC, valued at $3.4 million according to the…
Over 600 Stablecoins ‘Depeg’ in 2023, Moody’s Analytics Launches Monitoring Tool
BRC20 Token ORDI Skyrockets Over 40% as Binance Announces Listing
[Nov 7, 2023 7:53 AM] On Tuesday, the BRC20 token, dubbed ordinals (ORDI), soared over 40% against the U.S. dollar, fueled by news from Binance about its impending inclusion on the exchange’s roster of traded currencies. ORDI rocketed from an early 24-hour low of…
South African Financial Giant Says It Will Inject Capital Into ZARP Stablecoin Network
Bitcoin Mining Company Hut 8 to Bid for Natural Gas Power Plants and Bitcoin Facility
Decade of Resilience — A Look at 10 Pioneer Crypto Companies That Are Still Standing
[Nov 6, 2023 10:30 PM] Over 15 years have passed since Satoshi Nakamoto launched the crypto revolution with the release of the Bitcoin white paper. On the brink of January 3, 2024, the network celebrates a decade and a half of continuous activity. Though many companies…
US Supreme Court to Decide Whether Coinbase Can Force Users to Settle Disputes Through Arbitration
[Nov 6, 2023 8:30 PM] The U.S. Supreme Court has agreed to take up the Coinbase case concerning whether the crypto exchange can force users to settle disputes through private arbitration, rather than in court. The case stems from a dogecoin (DOGE) sweepstakes in which…
Polkadot (DOT) Market Cap Dips: Q3 Sees 16% Decrease In Value
[Nov 6, 2023 7:00 PM] Polkadot (DOT), one of the prominent blockchain networks in the crypto space, experienced a 16% decline in market capitalization in the third quarter (Q3) of 2023, according to a recent report from Messari. This decline came after a moderate…
Bitcoin’s Transaction Backlog Swells With Latest Inscription Wave, Pushing Fees Up 4,000%
[Nov 6, 2023 6:30 PM] After a quiet period post-September 15, Bitcoin transaction backlogs are surging anew, with a noticeable resurgence of Ordinal inscriptions starting October 24. The number of pending bitcoin transactions in the mempool has surpassed 157,000…
Cathie Wood Endorses Bitcoin ‘Hands Down’ Over Gold and Cash, Foresees Deflationary Economy
NASA’s Psyche Mission Could Challenge Gold’s Scarcity With $10 Quintillion Asteroid Haul
[Nov 6, 2023 2:30 PM] Statistical forecasts suggest that the final bitcoin is expected to be mined by the year 2140, over a century from now, with an estimated 1,465,093.73 BTC still awaiting discovery. This finite supply is set to render bitcoin exceedingly rare…
The Simpsons Satirizes NFT Mania in Latest ‘Treehouse of Horror’ Episode
Bitcoin Technical Analysis: Steady Above $35K as Indicators Signal Growth Potential
[Nov 6, 2023 10:15 AM] Bitcoin’s stability appears to be holding as the price consolidates around $35,140, showing a modest 24-hour trading range. Despite recent fluctuations, market sentiment remains cautiously optimistic, with key technical indicators providing…
Bitcoin Mining Profitability Soars as 2023 Nears End: Daily Earnings Hit New Highs
[Nov 6, 2023 8:30 AM] As the year 2023 winds down with just 55 days remaining, bitcoin mining has surged in profitability, with a return of $76 in daily earnings for every petahash per second (PH/s) as of November 5. A mining device capable of 200 terahash per second…
Hong Kong Regulator Planning to Widen Purview of Virtual Assets Supervision
[Nov 6, 2023 6:30 AM] The Hong Kong Monetary Authority is reportedly planning to expand the purview of its supervision of virtual assets to include entities that issue stablecoins. The Hong Kong regulator said it also wants to create a framework that governs banks’…
Counterfeit Ledger App Scams Crypto Users Out of Over $760K on Microsoft App Store
[Nov 6, 2023 4:30 AM] According to onchain analyst Zachxbt, hackers got away with more than $768,000 after sneaking a counterfeit Ledger Live application into the Microsoft App Store. Out of the stolen stash, the attack netted over 16.8 bitcoins worth $588,000. Hackers…
National Bank of Georgia Selects Ripple as Tech Partner for CBDC Pilot
[Nov 6, 2023 3:00 AM] The National Bank of Georgia announced that it has enlisted the aid of Ripple, the cryptocurrency company, as the sole tech partner in its central bank digital currency (CBDC) project, denominated the digital GEL. Ripple’s CBDC solution was…
SEC Clashes With Do Kwon and Terraform Labs in Court, Alleging ‘Clear, Undisputed’ Fraud
[Nov 5, 2023 11:30 PM] Last week, lawyers representing Terraform Labs and its ex-CEO Do Hyeong Kwon (Do Kwon) moved to dismiss the lawsuit brought against them by the U.S. Securities and Exchange Commission (SEC). In response, the SEC has countered with a motion of its…
Elon Musk Confirms None of His Companies Will Ever Create a Crypto Token
[Nov 5, 2023 9:30 PM] Tesla and Spacex CEO Elon Musk has confirmed that none of his companies will ever launch a crypto token. His clarification came after his artificial intelligence company’s name was used in a cryptocurrency, and several articles associated…
Berkshire Vice Chair Charlie Munger Compares Bitcoin to a ‘Stink Ball’ Among Traditional Currencies
Moonstone Research Study Etches Doubts on Monero’s Privacy; Crypto Community Reacts
[Nov 5, 2023 5:30 PM] On September 1, 2023, hackers made off with 2,675.73 monero (XMR), worth over $3 million at the time, from the Monero CCS donation wallet in nine separate transactions. Now, blockchain analysis firm Moonstone Research has traced forward through…
Bitcoin’s Ordinal Inscriptions Surge to Second-Highest Daily Count, Causing BTC Transaction Spike
[Nov 5, 2023 1:30 PM] As September 2023 waned, there was a noticeable dip in the creation of Ordinal inscriptions, but as the month of October closed, a significant rebound occurred. This upward trend peaked on November 4, 2023, when the Bitcoin blockchain recorded the…
NFT Markets Rebound With 18% Rise to $106M; Bitcoin NFTs Take Second Place Under Ether’s Lead
[Nov 5, 2023 11:30 AM] Between October 29 and November 5, 2023, sales of non-fungible tokens (NFTs) rose by 18.30% compared to the week before, reaching a high of $106.32 million. This week’s NFT statistics reveal an uptick in activity, with the number of buyers…