111 / 309 Relevant items tagged with #crypto
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Bitcoin Meal Box: South Korean Convenience Store Chain Partners With Crypto Exchange to Promote BTC
Erik Voorhees Unveils New AI Platform Promising Privacy and Unfiltered Free Speech
[May 10 3:36 PM] Erik Voorhees, founder of Shapeshift, has announced the debut of Venice, an artificial intelligence (AI) application that promises enhanced privacy and unrestricted free speech. Unlike mainstream AI services, Venice is designed to operate without…
Crackdown on Crypto Investment Scam Leads to Massive Raids in Argentina: $100 Million Operation Uncovered
[May 10 2:37 PM] The detainment of two Chinese and one Argentine national involved in a $1.25 million crypto investment scam led to the discovery of a $100 million operation in Argentina. According to local reports, the investigation resulted in the raid of a…
Crypto Analyst Says XRP Price Can Break Out From Falling Pennant, But Can It Reach $1?
[May 10 1:30 PM] The XRP price, like the rest of the crypto industry, continues to struggle against the bearish winds that have taken over. This has seen its price consistently decline in spite of bulls’ best efforts to prop it up. However, it seems all hope is not…
Grayscale Maintains Steady Revenue Despite Massive GBTC Outflows in Q1
[May 10 1:19 PM] Grayscale Investments maintained stable revenue in the first quarter despite substantial outflows from the Grayscale Bitcoin Trust (GBTC), its converted spot bitcoin exchange-traded fund (ETF). The firm reported $156 million in revenue, little…
XRP All Talk, No Action? Social Media Booms, But Price Stuck In The Bear Pit
[May 10 12:00 PM] XRP, the native token of Ripple, finds itself caught in a tug-of-war between surging social media interest and a price that refuses to ignite. While online chatter paints a picture of a vibrant community, the token’s value treads water…
Lightning Labs CTO Conducts First Mainnet Multi-Hop Asset Payment via Taproot Asset Channels
[May 10 11:42 AM] Olaoluwa Osuntokun, co-founder and CTO of Lightning Labs, recently executed the first successful mainnet multi-hop asset payment using Taproot Asset channels, marking a new development in asset transfer capabilities over the Lightning Network…
GBTC’s Heavy Withdrawals Result in Net $11.3M Outflow in US Bitcoin ETFs
[May 10 10:34 AM] The U.S. spot bitcoin exchange-traded funds (ETFs) witnessed an outflow of $11.3 million during Thursday’s trading sessions, following an inflow of $11.5 million on Wednesday. Although the majority of funds experienced inflows on Thursday…
Bitcoin Short Term NUPL Value Turns Negative, What This Means For Price
[May 10 8:00 AM] Crypto analyst Onchained recently provided valuable insights into an important metric that can be used to gauge the future trajectory of Bitcoin. The analyst suggested there was no cause to worry at the moment but highlighted what to watch out for…
Bankrupt Crypto Lender Blockfi Enlists Coinbase to Distribute Crypto Payouts
[May 10 7:43 AM] The now-defunct crypto lender Blockfi is officially shutting down the firm’s web portal this month according to an update from the firm. Blockfi said that it has partnered with Coinbase to help facilitate the execution of withdrawals to eligible…
Bitcoin Technical Analysis: Bulls Seek to Regain Upward Momentum
[May 10 6:49 AM] As of May 10, 2024, bitcoin exhibits a promising recovery trajectory, albeit amidst mixed market signals across various technical frameworks. Following an intraday fluctuation ranging from $60,954 to $63,388, at present, bitcoin is coasting along…
Nigeria Denies Binance CEO’s Claims of $150M Bribe Demand; Criticizes Attempt to Discredit Government
[May 10 5:20 AM] The Nigerian government has dismissed allegations from Binance CEO Richard Teng that representatives of the cryptocurrency exchange were solicited for a $150 million bribe by members of the House Committee on Financial Crimes (HCFC). A special…
Binance, KuCoin Win Registration From India Anti-Money Laundering Regulator as Crypto Credibility Improves
[May 10 4:27 AM] KuCoin has paid a fine of $41,000 and Binance's financial penalty is still to be determined after a hearing with India's FIU.
How to securely store crypto in software wallets
[May 10 3:28 AM] Securing your cryptocurrency storage starts with selecting the appropriate software wallet. Using multisig wallets, 2FA and password managers are further steps.
Eclipse Labs CEO Steps Down After Sexual Misconduct Allegations Surface
[May 10 1:00 AM] Eclipse Labs founder and CEO Neel Somani has decided to reduce his public role within the company temporarily amid allegations of sexual misconduct, asserting his innocence and readiness to defend his reputation on the social media platform X…
Kraken Asks Court to Dismiss SEC Claims to Avoid 'Significant Reordering' of U.S. Financial Structure
[May 10 12:53 AM] Lawyers of crypto exchange Kraken have told a U.S. court that claims by the U.S. Securities and Exchange Commission (SEC) against it should be dismissed to avoid a "significant reordering" of the U.S. financial regulatory structure, according to…
Hong Kong Police Detain Businessman Tied to Crypto Investor’s Abduction
[May 9 11:36 PM] A businessman from Hong Kong, linked to four individuals implicated in the kidnapping of a cryptocurrency investor, was recently taken into custody after surrendering to law enforcement. Authorities allege that the vehicle used in the investor’s…
Jack Dorsey Forecasts Bitcoin to Reach $1 Million by 2030
[May 9 11:32 PM] Twitter co-founder Jack Dorsey predicts that the price of Bitcoin could hit at least $1 million by 2030, suggesting its value may grow even further thereafter. In an interview, he expressed his enthusiasm not just about Bitcoin’s potential…
Altcoins will bottom in early summer before bull run — Analyst
[May 9 11:25 PM] An altcoin bull run would first require Bitcoin to break out from its current range, according to Nansen's principal research analyst.
Pantera Capital Backs Telegram’s TON With Its Largest Investment Ever
Tether Counters Deutsche Bank’s Stablecoin Warning, Defends Reserve Transparency
[May 9 9:10 PM] Tether strongly criticized a Deutsche Bank report that raised concerns about the stability of stablecoins, including Tether’s dollar-pegged token, predicting a potential crisis similar to the 2022 collapse of Terrausd, which erased billions…
Latam E-Commerce Giant Mercado Libre Holds $40 Million in Crypto
[May 9 8:28 PM] Mercado Libre, one of the biggest e-commerce platforms in Latam, has disclosed it holds over $40 million in cryptocurrency, according to its Q1 2024 filings. The company disclosed that it held 412.7 bitcoin (BTC) and 3,041.6 ethereum (ETH), by…
Bitcoin Could Crash Below $55,000, Top Analyst Sounds The Alarm
[May 9 8:00 PM] Bitcoin, the leading cryptocurrency, has recently been scrutinized by several analysts and traders as it struggles to maintain its market position. Michaël van de Poppe, a recognized figure in the crypto analysis sector, has recently expressed his…
Agridex Raises $5 Million to Expand Agricultural Tokenization on Solana
[May 9 7:41 PM] In a recent funding initiative, the Solana-based Agridex project secured $5 million in a pre-seed round aimed at enhancing the tokenization of agricultural commodities. The funding, led by Endeavour Ventures, included contributions from African…
Grayscale Battling Outflows And Lower-Cost ETFs, Q1 Revenue Stays Flat At $156M
[May 9 7:00 PM] Grayscale Investments, the issuer of one of the recently approved spot Bitcoin exchange-traded funds (ETFs) in the US, saw flat revenues in the first quarter of the year due to its decision to maintain fees on its flagship Grayscale Bitcoin Trust…
Woman Sentenced to 9 Years in Prison for Crypto-Funded Murder-for-Hire Scheme
[May 9 6:33 PM] Michelle Murphy, 58, from Bedford, Texas, has been sentenced to nine years in federal prison for attempting to hire a hitman using bitcoin to kill her boyfriend’s lover. Charged in September 2023 and pleading guilty in December, Murphy used…
Robinhood’s Crypto Revenue Surges 232% Despite Looming SEC Battle
[May 9 5:16 PM] Retail trading platform Robinhood has announced that its crypto revenue grew by 232% in the first quarter. Despite this success, Robinhood faces potential enforcement action by the U.S. Securities and Exchange Commission (SEC), alleging that some…
Binance Fined Over $4 Million in Canada for Money Laundering Violations
[May 9 4:11 PM] Canada’s Financial Transactions and Reports Analysis Centre (FINTRAC) has imposed a fine of C$6 million on crypto exchange Binance for failing to comply with anti-money laundering and terrorist financing laws. This penalty, equivalent to…
Pantera Capital Predicts Bitcoin Price Surge To $117,000: Insight Into The Timing And Factors
[May 9 4:00 PM] The Bitcoin price has experienced heightened volatility over the past week. After recovering from a low of $56,500, the largest cryptocurrency in the market surged to $65,500 within four days. However, it has since retraced some of its gains and is…