[Feb 1, 2024 9:30 AM] Bitcoin’s computing power has soared to unprecedented levels, with the seven-day simple moving average (SMA) peaking at 566 exahash per second (EH/s) as of Jan. 30, 2024. Despite experiencing a slight decline in mid-January, the…
[Feb 1, 2024 7:30 AM] On Jan. 31, 2024, a notable movement of so-called ‘sleeping bitcoins’ occurred, involving wallets from 2013 and 2016 which collectively transferred 845.06 bitcoins valued at approximately $35.96 million. Originating from a handful of…
[Feb 1, 2024 6:30 AM] On Jan. 30, a South Korean court continued with the trial of a prosecutor who is accused of passing sensitive information on the progress of an investigation to an alleged virtual asset investment fraudster. According to the Gwangju District…
[Feb 1, 2024 4:00 AM] The Celo Foundation has partnered with Circle to bring USDC, a leading stablecoin, into its network. This integration not only diversifies Celo’s stablecoin offerings but also positions USDC to become an official gas currency on the…
[Feb 1, 2024 2:30 AM] The Russian Central Bank is discussing the possible use of central bank digital currencies as a payment method in foreign trade, according to Elvira Nabiullina, the bank’s governor. Nabiullina stated that while Russia is opposed to the use of…
[Feb 1, 2024 1:00 AM] Floki has formally responded to the Hong Kong SFC’s recent warning, reiterating their commitment to compliance across jurisdictions and explaining the rationale behind their staking program’s high returns. Cryptocurrency Project Floki…
[Jan 31, 2024 11:30 PM] In a recent blog post, Vitalik Buterin provided a deep dive into the increasingly intertwined worlds of blockchain technology and AI. Buterin offered an insightful analysis of their potential synergies while cautioning about the complexities and…
[Jan 31, 2024 10:00 PM] German authorities have revealed that they have seized 50,000 bitcoins. “This is the most extensive seizure of bitcoins by law enforcement authorities in the Federal Republic of Germany to date,” the German police noted. Germany…
[Jan 31, 2024 9:00 PM] According to a recent CoinGecko report, Binance, the world’s largest centralized exchange (CEX) by trading volume, has retained its market leadership position in 2023. Despite facing increased regulatory scrutiny and undergoing significant…
[Jan 31, 2024 8:30 PM] Rich Dad Poor Dad author Robert Kiyosaki has shared the reason why he owns bitcoin, stating that the cryptocurrency protects against “the theft of our wealth via our money.” The famous author warned that the Federal Reserve, the…
[Jan 31, 2024 7:00 PM] Billionaire venture capitalist Tim Draper has doubled down on bitcoin and his price prediction of the crypto. “I think that there’s going to be a moment where there’s a run on the banks,” he cautioned, adding: “I…
[Jan 31, 2024 6:00 PM] As part of its ongoing efforts to modernize financial regulations, China is revising its Anti-Money Laundering laws to include stringent measures against cryptocurrency-related transactions. This revision, the first since 2007, aims to plug the…
[Jan 31, 2024 6:00 PM] XRP experienced a significant price drop early Wednesday amidst rumors of a potential exploit. The XRP price dropped more than 4% to $0.4853 but later recovered to $0.500 following a clarification from one of Ripple’s co-founders. Personal…
[Jan 31, 2024 4:30 PM] The SEC has decided to abandon its lawsuit against Debt Box, a crypto company previously accused of defrauding investors of millions. This decision follows the SEC’s acknowledgment of presenting misleading information in court, a revelation…
[Jan 31, 2024 11:00 AM] In the most recent update, Grayscale’s Bitcoin Trust (GBTC) experienced a decrease of 4,461.36 bitcoin, valued at approximately $190.53 million, over the past day. Since Jan. 12, 2024, GBTC has observed a cumulative reduction of about…
[Jan 31, 2024 9:57 AM] On Wednesday, Chris Larsen, the co-founder and executive chairman of Ripple, publicly revealed that several of his personal xrp accounts had been illicitly accessed. Larsen explained that the team successfully persuaded crypto exchanges to promptly…
[Jan 31, 2024 8:30 AM] In the past month, data reveals a significant increase in the combined market capitalization of leading stablecoins, rising from $131.71 billion to $136.56 billion. The top two stablecoins, tether and usd coin, experienced notable expansions in…
[Jan 31, 2024 7:15 AM] Over the past 60 minutes, bitcoin’s trading value has fluctuated between $42,525 and $42,715, demonstrating a dynamic price range. Its 24-hour price swing extends from a low of $42,340 to a high of $43,853. Currently, bitcoin boasts a market…
[Jan 31, 2024 3:30 AM] The SEC alongside the DOJ, has levied serious charges against key figures in a $1.9 billion cryptocurrency fraud scheme involving Hyperfund. SEC and DOJ Crack Down on $1.9 Billion Hyperfund Crypto Fraud The U.S. Securities and Exchange Commission…
[Jan 31, 2024 2:00 AM] A paper prepared by two Polygon Labs executives and a former Financial Crimes Enforcement Network (FinCEN) director presents a framework to combat illicit activity in decentralized finance (defi) markets. The document proposes three different…
[Jan 31, 2024 12:30 AM] Peckshield’s latest report reveals a mix of challenges and advancements in the crypto world. Despite a notable decrease in overall losses to hacks and scams, decentralized finance protocols remain heavily targeted, accounting for a…
[Jan 30, 2024 10:00 PM] Bitcoin has witnessed a positive turn of events as it reclaimed the $43,000 mark on Tuesday, thanks to a significant reduction in selling pressure from asset manager Grayscale. The reversal in Bitcoin ETFs during day 12 of trading has seen more…
[Jan 30, 2024 8:00 PM] The Securities and Exchange Commission (SEC) is poised to follow a similar approach to approving spot Bitcoin (BTC) exchange-traded funds (ETFs) for spot Ethereum ETFs, with the expectation that approval will be granted on the initial final…
[Jan 30, 2024 7:00 PM] According to analytics firm Santiment, Artificial Intelligence (AI) and Real-World Assets (RWA) could be future drivers for the crypto market. AI And RWA Crypto Tokens Have Seen High Interest Recently As explained by Santiment in a new post on X…
[Jan 30, 2024 6:30 PM] During a panel discussion at the recent Foundation for Defense of Democracies event, Arkansas Republican French Hill shared a positive update on the trajectory of the Financial Innovation and Technology for the 21st Century Act and the Clarity for…
[Jan 30, 2024 4:30 PM] Douglas Boneparth, the president and founder of Bona Fide Wealth, recently articulated his perspective on bitcoin, describing it as a digital equivalent of gold or a store of value in the digital realm. In addition, Boneparth further highlighted…
[Jan 30, 2024 3:30 PM] “Quantum Cats” Bitcoin NFTs was marred by technical issues, forcing the company to postpone the sale. Despite an initially successful minting of nearly 1,000 cats, server overload led to an unexpected delay, causing frustration among…
[Jan 30, 2024 2:30 PM] The Argentine government, presided by Javier Milei, has resolved to drop the tax opportunities for crypto in the omnibus bill presented to Congress. The bill allowed taxpayers to declare the ownership of some previously undeclared assets, with…
[Jan 30, 2024 1:35 PM] Responding to the fierce competition in the spot bitcoin ETF market, Invesco and Galaxy Asset Management have lowered the long term fee of their joint BTCO fund, positioning it more competitively against sector heavyweights. Invesco and Galaxy ETF…
[Jan 30, 2024 12:30 PM] In just under two weeks, the National Football League (NFL) champions of the American Football Conference (AFC), the Kansas City Chiefs, and their counterparts from the National Football Conference (NFC), the San Francisco 49ers, will clash in the…
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