208 / 255 Relevant items tagged with #Cryptocurrency
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Tron Founder Justin Sun Says HTX Exchange Hacked, Loses 5,000 ETH
[Sep 25, 2023 10:00 AM] According to several posts on the social media platform X written by Tron founder Justin Sun, the crypto exchange HTX (formally Huobi) was hacked for 5,000 ether. Despite the loss, Sun contends that user funds on the exchange are safe and the…
Decade-Old ‘Sleeping Bitcoins’ Awaken: $8 Million Moved From 2012 Addresses
Chainlink (LINK) Spikes 6% On The Weekly Chart As Market Sees Correction
[Sep 25, 2023 7:45 AM] The crypto market cap has declined over 1% in the last 24 hours, transmitting losses across the market. Top coins like Bitcoin and Ethereum have taken the hit, losing 3% and 4% of their past week’s gains, respectively. However, Chainlink (LINK)…
Decentralized Exchange Mixin Kernel Confirms Hack on Its Platform Involving Approximately $200M
[Sep 25, 2023 6:30 AM] Mixin Kernel confirmed on Sept. 25 that it was the victim of a hacking attack which had resulted in the loss of assets on the mainnet. The decentralized exchange said it has since suspended deposit and withdrawal services and only expects to…
Latam Insights: Bitcoin Farm Found at Venezuelan Jail, Bill Protecting Crypto From Seizure Advances in Brazil
[Sep 25, 2023 5:30 AM] Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: a Bitcoin mining farm is discovered during a raid on a Venezuelan jail, a bill that protects crypto from…
Coinbase Registers as Crypto Exchange and Wallet Provider in Spain
[Sep 25, 2023 2:30 AM] U.S.-based crypto exchange Coinbase has obtained a registration in Spain that will allow it to offer a range of services for digital assets. The authorization fits into the company’s current strategy for global expansion through acquiring local…
British Law Firm to Sue Onecoin Cryptoqueen to Recover Investor Funds
[Sep 24, 2023 11:30 PM] A London-headquartered law firm is preparing a lawsuit against the fugitive mastermind of the Onecoin crypto pyramid scheme, ‘Cryptoqueen’ Ruja Ignatova. Its lawyers intend to file a class action suit in the United Kingdom’s High Court, the Britishâ
Crypto Exchange Bybit Suspending Services in UK to Comply With New Regulations
[Sep 24, 2023 8:30 PM] Cryptocurrency exchange Bybit is suspending services in the U.K. next month in order to comply with the new rules set by Britain’s top financial regulator, the Financial Conduct Authority (FCA). “The suspension will allow the company to focus…
Terra Classic Votes to Halt USTC Minting; Community Eyes Future Re-Peg
[Sep 24, 2023 3:30 PM] Following a decisive vote by the Terra Classic community, an initiative to halt the creation of the previously termed stablecoin, terra usd (commonly referred to as UST or USTC), has been approved. Despite 40.56% opposition, 59.42% of the vote gave…
NFT Sales Doldrums: 30-Day Plunge Sees 34% Decline Amidst Chilling Digital Collectible SectorÂ
[Sep 24, 2023 1:30 PM] Fresh data indicates a continuing decline in non-fungible token sales, dipping 3.2% in the last week and plummeting 34% over the past month. As September nears its end with six days remaining, NFT sales have tallied up to $341.37 million since…
Diminished Activity, L2 Migration Push Ethereum to Turn Inflationary
[Sep 24, 2023 11:30 AM] Recently, Ethereum has seen a shift towards inflation, sparked by a dip in network activity and onchain fees. Data reveals that, with decreased activity and lower fees, Ethereum’s inflation rate stands at 0.270%. The decline in overall…
Decoding Atomicals: Unpacking the Newest Addition to Bitcoin’s Tech Suite
[Sep 24, 2023 8:30 AM] Following the introduction of Ordinal inscriptions, BRC20 tokens, and Stamps on the Bitcoin blockchain, the community has seen the debut of a new digital object technology named Atomicals. Meet Atomicals: The Latest Data-Embedding Technology on the…
Mark Cuban Hacked for $870K in Crypto, Economist Warns of ‘Tragic Ending’ for USD — Week in Review
Bitcoin ETFs Explained: A Closer Look at BTC Exchange-Traded Products
[Sep 24, 2023 4:30 AM] Exchange-traded funds, or ETFs, that track the price of bitcoin have become a popular means for mainstream investors to gain exposure to the cryptocurrency market without directly owning bitcoin. Though the U.S. Securities and Exchange Commission…
FBI Wanted Co-Founder of Crypto Exchange Wex Sentenced in Russia
[Sep 24, 2023 1:30 AM] Aleksey Bilyuchenko, co-founder of Wex, the successor of the infamous Russian crypto exchange BTC-e, will spend only a couple of years in prison. The Russian, who is charged in the U.S. with money laundering, has been sentenced in his homeland as…
Coinbase Sought to Buy FTX Europe for Its Derivatives Business, Report
[Sep 23, 2023 10:30 PM] Leading U.S. crypto exchange Coinbase pursued the acquisition of failed coin trading competitor FTX’s European subsidiary, a media report revealed. The move has been seen as proof of the growing importance of derivatives for the American…
Robert Kiyosaki Advises Buying Bitcoin Today — Foresees a Rush to Buy BTC as Stocks, Bonds, and Real Estate Crash
[Sep 23, 2023 8:00 PM] Rich Dad Poor Dad author Robert Kiyosaki has advised investors to buy bitcoin today before stock, bond, and real estate markets crash and people rush to buy BTC alongside gold and silver. The famous author has predicted that bitcoin’s price…
Skybridge Founder: Every Wall Street Firm Will Sell Bitcoin ETF to Clients — ‘Next 10 to 20 Years Are Remarkably Bullish’
[Sep 23, 2023 6:00 PM] Skybridge Capital founder Anthony Scaramucci has explained why he is still bullish on bitcoin. Emphasizing that every Wall Street firm is going to have a bitcoin exchange-traded fund (ETF) in their arsenal that they will sell to their clients, he…
Clock Ticks Slower for Justin Sun and Rainberry: Court Grants Extension Amid SEC AllegationsÂ
[Sep 23, 2023 4:00 PM] In the lawsuit pitched by the U.S. Securities and Exchange Commission (SEC) against Tron’s brainchild, Justin Sun, and his enterprise Rainberry, a judicial nod has been granted for an extended timeline for the defense. Sun now has until…
A Lehman Opportunity — Distressed-Debt Titans Eye Huge Returns in FTX Claims Market
[Sep 23, 2023 2:00 PM] Prominent distressed-debt moguls are diving into the FTX bankruptcy claims arena, seizing debts at bargain prices with aspirations of lofty profits. This year, Silver Point Capital, Diameter Capital Partners, and Attestor Capital have acquired over…
Arkham Identifies Coinbase’s $25B in BTC; Rivals Nakamoto’s Legacy Coins
[Sep 23, 2023 12:00 PM] On September 22, 2023, Arkham Intelligence unveiled that it has identified addresses tied to a staggering $25 billion from Coinbase’s bitcoin (BTC) holdings. This cache represents the most substantial BTC reserve on Arkham. The firm points…
Why This Bank CEO Wants 99% Of The Crypto Industry Gone
[Sep 23, 2023 10:00 AM] In a bold and contentious statement, Caitlin Long has asserted that 99% of the crypto industry should be eliminated to decrease leverage buildup and improve the industry’s future advancement. Industry Overhaul Demanded For Sustainability Caitlin…
Liquid-Staking Token-Backed Stablecoin MKUSD Surges 27,000% in Under a MonthÂ
Block.one’s Settlement Offered a ‘Tiny Fraction’ of the $4.1 Billion Raised — EOS Network Foundation CEO
[Sep 23, 2023 4:30 AM] According to Yves La Rose, the founder and CEO of the EOS Network Foundation (ENF), the blockchain software company Block.one’s failure to financially back the EOS ecosystem after the 2018 initial coin offering (ICO) is one of the many…
Client Demand and ‘Negative Events’ Pushing Tradfi Institutions Towards Crypto — Bitrue Chief Strategy Officer
[Sep 23, 2023 3:00 AM] Growing client demand for cryptocurrencies and the belief that they represent a new asset class help to explain traditional financial institutions’ newfound interest in digital assets, the chief strategy officer at Bitrue has said. The…
Study: Sub-Saharan Africa’s Bitcoin Transaction Volume Number One Globally, Data Indicates Shift Towards Stablecoins
Hungarian Authorities Seize Crypto Worth $1M in Tax Fraud Case
[Sep 23, 2023 12:00 AM] Hungarian authorities have seized cryptocurrency worth over $1 million from a criminal organization in a value-added tax (VAT) fraud case. The authorities raided 28 locations, arrested three suspects, and seized various assets tied to the group…
Coinshares Unveils New Crypto Hedge Fund Division, Widens Institutional Services to US
[Sep 22, 2023 10:30 PM] Coinshares, a European digital asset manager, is moving into the U.S. with a new hedge fund division aimed at institutional investors. The firm, based in Saint Helier, Jersey, intends to offer comprehensive services for institutions exploring…