MoonPay Users Can Now Buy Crypto Via PayPal
[May 2 7:00 AM]
118 / 309 Relevant items tagged with #crypto
Posts: 9,254
Posts
Record Withdrawal From US Bitcoin ETFs Marks Largest Single-Day Outflow
Binance Nigeria Money Laundering Trial Delayed to May 17, Gambaryan Family Spokesperson
[May 2 6:25 AM] Binance's lawyer needed more time to look at evidence, outlets reported.
Former FTX Europe Head Pays $1.5M for Gold Watch Recovered From Titanic: WSJ
[May 2 1:48 AM] Patrick Gruhn, the former head of FTX Europe, has paid nearly $1.5 million for a gold pocket watch recovered from the body of the Titanic’s richest passenger, The Wall Street Journal has reported.
Aave Labs Unveils Ambitious Plans for Protocol V4: Enhancing GHO Stability and Cross-Chain Liquidity
[May 2 1:00 AM] Aave Labs proposed a significant upgrade to its protocol, aimed at enhancing features like its stablecoin GHO, introducing a Unified Liquidity Layer for better integration, and improving the protocol’s architecture for cross-chain liquidity…
Rabotnik, Affiliate of Ransomware Group REvil, Sentenced to 13 Years in Jail
[May 2 12:04 AM] Ukrainian national, Yaroslav Vasinskyi, also known as Rabotnik, has been sentenced 13 years and seven months in prison for his role in conducting over 2,500 ransomware attacks and demanding over $700 million in ransom payments, the Department of…
Bitcoin Hits ‘Danger Zone’: Peter Schiff Warns Of ‘Do or Die’ Scenario
Jack Dorsey’s Block Faces DOJ Probe Over Alleged Transactions With Sanctioned Nations and Terrorist Groups
[May 1 8:30 PM] Department of Justice (DOJ) federal prosecutors from the Southern District of New York are investigating fintech company Block, formerly known as Square, for significant compliance failures in its transaction monitoring systems after a former…
Defi’s TVL Declines by $10 Billion in April Despite Growth in Bitcoin and Newer Blockchains
[May 1 7:22 PM] The total value locked (TVL) in decentralized applications (defi) experienced a 7% decrease, dropping $10 billion in April, with defi’s ecosystem ending the month at $138.6 billion despite a widespread outflow of funds from several…
Microstrategy Plans to Launch a Decentralized Identity Solution on Bitcoin
[May 1 7:21 PM] Microstrategy has introduced a new enterprise decentralized identity platform, Microstrategy Orange, during the Bitcoin for Corporations segment at Microstrategy World 2024 event in Las Vegas. Microstrategy Intends to Leverage the Bitcoin…
Market Downturn? Not For Optimism: A16z’s Major OP Purchase Sends Price Skyrocketing By 9%
[May 1 7:00 PM] In a month marked by a challenging correction in the crypto market, Layer 2 (L2) blockchain protocol Optimism has emerged as a standout performer. Within the past 24 hours, Optimism’s native OP token skyrocketed by 9%, positioning it as the…
Bitcoin Bottom Out? Analyst Signal Turnaround Amid Market Slump
[May 1 6:00 PM] Bitcoin has recently concluded April, marking its most significant monthly decline. Despite the bearish momentum, leading market analysts, including Michael van de Poppe, believe that the worst may soon be over, suggesting that Bitcoin is nearing…
Peter Schiff Declares Bitcoin in Bear Market Amid US Economy’s Stagflation Reality
[May 1 5:11 PM] Economist and gold advocate Peter Schiff has declared bitcoin to be in a bear market, despite the recent surge in interest in spot bitcoin exchange-traded funds (ETFs). Additionally, he cautioned that economic data provides conclusive evidence that…
Altcoins In Trouble As Seasoned Analyst Predicts 40% Drop In Prices
[May 1 5:00 PM] Altcoins have suffered more in the crypto market following the Bitcoin price crash, leaving a lot of investors in losses. This is not out of the ordinary as these altcoins are known to have a higher volatility compared to Bitcoin, hence, their…
Former Binance CEO CZ: I Will Do My Time — Crypto Industry Has Entered a New Phase
[May 1 3:20 PM] Former Binance CEO Changpeng Zhao (CZ) has expressed his gratitude to the crypto community for their support following his four-month U.S. prison sentence for pleading guilty to money laundering charges. “I will remain a passive investor (and…
Stablecoin Giant Tether Strikes Gold: Achieves Record Net Profit Of $4.5 Billion In Q1
[May 1 3:00 PM] Stablecoin issuer Tether, a prominent player in the cryptocurrency market behind the widely used USDT stablecoin, has released its audit statement for the first quarter of 2024, accompanied by a report conducted by independent accounting firm BDO. …
Solana-to-Bitcoin cross-chain bridge aims for Q3 2024 launch
[May 1 2:45 PM] The ZPL-powered zBTC token will allow Bitcoin holders to engage with the Solana DeFi ecosystem.
Bitcoin Investors Remain Unmoved Despite BTC Drop Below $60,000, The Worst Is Almost Over
[May 1 2:00 PM] On Wednesday, Bitcoin sharply declined, dropping below the crucial $60,000 support level. Despite this recent market downtrend, Bitcoin investors remain confident as they believe the flagship crypto can still reach new heights in this market cycle…
Bitcoin Miners Log Second Highest Monthly Revenue in April, Despite Falling Hash Value
[May 1 1:47 PM] In April, bitcoin miners amassed the second-highest monthly revenue of the past year, following the unprecedented earnings in March. In total, they collected $1.79 billion, which, although $220 million less than the previous month, still exceeded…
Ankr expands Bitcoin liquid staking tokens to AI blockchain Talus
[May 1 1:30 PM] The Bitcoin LSTs can be used to power the Talus blockchain's virtual artificial intelligence assistants.
Federal Reserve Holds Rates Steady Amid Inflation Concerns; Outlook Remains ‘Uncertain’
[May 1 12:56 PM] On Wednesday, May 1, 2024, the U.S. Federal Reserve chose to maintain the benchmark interest rates at their highest in 23 years. The Federal Open Market Committee (FOMC) members noted that although inflation has subsided, it still “remains…
NFT Sales Dip Over 31% in April; Ethereum, Solana Experience Sharp Declines
[May 1 11:21 AM] Sales of non-fungible tokens (NFTs) experienced a 31.26% decline in April from the revenues recorded in March. Last month, statistics show that NFT transactions across several markets totaled approximately $1.15 billion in sales. NFT Revenues…
US Spot Bitcoin ETFs Report 5 Straight Days of Outflows, Totaling $635 Million
[May 1 9:38 AM] On Tuesday, U.S. spot bitcoin exchange-traded funds (ETFs) registered their fifth consecutive day of net withdrawals, documenting a substantial $161.6 million in negative outflows. Over the last two days, Grayscale’s Bitcoin Trust (GBTC) has…
Crypto Market Downturn Hits Coinbase, Microstrategy, and Mining Stocks Hard
[May 1 7:36 AM] During the widespread downturn in the cryptocurrency markets, publicly listed companies within the sector such as Coinbase, Microstrategy, and bitcoin mining enterprises have experienced notable declines in their stock values. Shares of Coinbase…
Bitcoin Technical Analysis: Uncertainty Looms as Bearish Patterns Persist
Russian Crypto Exchange Unable to Process Withdrawals; Angry Users Try to Storm Offices
[May 1 5:20 AM] Approximately 50 users of Beribit, a Russian cryptocurrency exchange, recently tried to storm the company’s Moscow offices to demand their digital assets. Beribit’s management has attributed the delay in processing withdrawal requests to an audit…
Crypto Was One of the Biggest Money Laundering Risks in 2022-2023: UK Govt. Report
[May 1 4:49 AM] Between 2022 and 2023 Crypto alongside retail banking, wholesale banking and wealth management posed the greatest risk of being exploited for money laundering, a report by the U.K. Treasury department showed.
Solana Crawls: Network Update Fails To Fix Traffic Jam, Price Feels The Pinch
[May 1 3:20 AM] Solana, the self-proclaimed high-speed blockchain darling, finds itself facing an uphill battle. A confluence of a broader crypto market downturn and persistent network congestion threatens to stall its momentum and cast doubt on its long-term…
Blockchair’s Lead Developer Expresses Concerns Over Bitcoin’s Security Budget
[May 1 2:16 AM] Nikita Zhavoronkov, the lead developer of Blockchair, a cryptocurrency block explorer, has expressed his concerns about Bitcoin’s dwindling security budget. Zhavoronkov stated that the network needs to experience sustained high fees to…
Nigeria Cryptocurrency Clampdown: Central Bank Directs Fintech Firms to Stop Opening New Accounts
[Apr 30 11:31 PM] The Central Bank of Nigeria has directed four fintech companies to cease the creation of new accounts, citing their potential use by cryptocurrency traders. An executive from one of the affected fintech companies has associated the Central Bank’s…