Indian crypto exchange Wazirx has denied the allegations made by Binance regarding the relationship between the two crypto exchanges. Emphasizing that the allegations “are false and unsubstantiated,” ...
Tag: news
The DeFi space is on a path of steady recovery as good actors
The harm that was inflicted by the collapse of major cryptocurrency ecosystems in the previous year is on its way to making a gradual comeback as positive actors take aggressive initiatives to reestab...
Shark Tank Star Kevin O’Leary Says Most Crypto Tokens Are Worthless — ‘They’ll Eventually Just Go to Zero’ – Markets and Prices Bitcoin News
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, says that most crypto tokens are worthless and they will eventually drop to zero in value. He added that he now owns seven cryptocurrencies and he is ...
550 BNB lost in contract exploit by decentralized exchange
Recently, the decentralized exchange (DEX) system known as CoW Swap came under assault, resulting in the loss of at least 550 BNB (BNB) due to a contract hack that permitted money transfers away from ...
Commodity Strategist Mike McGlone Says Cryptocurrencies May Be Facing Their First Real Recession – Markets and Prices Bitcoin News
Bloomberg Intelligence’s senior commodity strategist Mike McGlone has warned that “cryptos may be facing their first real recession.” The Federal Reserve tightening despite the risk of a recession “co...
CEO Sues Board Members for Seizing Control of Crypto Miner
The Chief Executive Officer of the cryptocurrency miner Layer1 Technologies has filed a lawsuit against the other two board members of the business, one of whom being Jakov Dolic, the co-founder of th...
Former Coinbase Product Manager Seeks to Dismiss SEC Charges of Insider Trading
A former product manager at the cryptocurrency exchange Coinbase has made a formal request to have the allegations of suspected illegal insider trading dropped against them. Since the tokens that are ...
Cryptocurrency Exchanges Offer Assistance to Earthquake-Hit Turkey – Exchanges Bitcoin News
Major crypto exchanges have offered to help the people of Turkey to overcome the consequences of this week’s devastating earthquake. While the crypto industry pledged support, the country’s financial ...
Latest news on The Graph crypto project
One of today’s most sensational news stories concerns the token of crypto analytics company The Graph (GRT), which is up 55% in the last seven days. What is The Graph The Graph is an indexing protocol...
North Korea Stole Over $1 Billion in Crypto in 2022
According to an unclassified study from the United Nations, cybercriminals operating out of North Korea stole more digital assets in 2022 than in any previous year. According to Reuters, the UN report...
122% Rise in 10 Days – Bitcoin News
Statistics show transfer fees on the Bitcoin network have increased 122% since the end of last month, as the average transaction fee has climbed from $0.767 to $1.704 per transaction. The rise in onch...
The Bank of England and the United Kingdom’s Treasury are working on a digital asset
The Bank of England (BoE) and the Treasury of the United Kingdom are moving on with plans to establish a digital currency that might “offer a new method to pay” without necessarily replaci...
The creator of the nonfungible token collection Bored Ape Yacht Club
The legal dispute between the inventor of the nonfungible token collection Bored Ape Yacht Club and one of the developers of a copycat collection known as RR/BAYC has been resolved via a settlement. O...
3AC Co-Founder Kyle Davies Fails to Respond to Liquidators’ Subpoena Despite Twitter Delivery – Bitcoin News
According to recent court filings, Kyle Davies, co-founder of the defunct cryptocurrency hedge fund Three Arrows Capital (3AC), has allegedly failed to respond to a subpoena from the firm’s current li...
Webaverse Co-Founder Reveals $4 Million Crypto Hack
After having a meeting with con artists who pretended to be investors in a hotel lobby in Rome, the co-founder of the Web3 metaverse gaming engine known as “Webaverse” has stated that the ...
MATIC Moves to 10-Month High, ATOM Extends Recent Gains – Market Updates Bitcoin News
Polygon rose to its strongest point since last April, as prices rose by as much as 6% on Feb. 8. The token surged for a second straight session, after snapping a three-day losing streak on Tuesday. Co...
We asked ChatGPT which jobs it thinks it will replace—and it’s not good news for data entry professionals or reporters
The ChatGPT fear is real. The A.I. is already outstripping human candidates on job applications and top economists have said it will take over half the jobs in the U.S., while lowering the wages of th...
Privacy Coin Interest Stays Tepid as Leading Coins Report Modest Gains in 2023 – Altcoins Bitcoin News
Over the past 90 days, the top privacy coins by market capitalization have seen an increase of just over $2 billion, rising from $4.65 billion on Nov. 9, 2022 to $6.69 billion today. However, while cr...
The Sandbox [SAND] sees large inflows into exchanges: Good news for investors?
The Sandbox saw close to 100 million inflows into exchanges in recent days. The token unlock event coming up in a few days might be a motivating factor. The value of The Sandbox [SAND] increased signi...
ETH Nears $1,700, Fed Prepared to Maintain Rate Hikes – Market Updates Bitcoin News
Ethereum closed in on the $1,700 level on Wednesday, as markets reacted to comments from U.S. Federal Reserve Chair Jerome Powell. Speaking after Tuesday’s session, Powell hinted that the Fed could co...
Musk’s Twitter Payment Vision in Tune With Fiat-Crypto Gateway Alchemy Pay – Sponsored Bitcoin News
sponsored Elon Musk’s Twitter has fallen into revenue difficulties, hoping to find new sources of revenue outside the original $5 billion a year advertising business model. According to a recent Finan...
Nigerian City of Lagos Among the World’s Top 20 Crypto Hub Cities — Study – Featured Bitcoin News
According to the findings of a study by Recap, the crypto asset management firm, the Nigerian city of Lagos is ranked among the world’s top 20 crypto hub cities. Besides Lagos, five more African citie...
Elementus Raises $10 Million to Bring Clear Blockchain Analytics to Institutional Customers – Blockchain Bitcoin News
Elementus, a New York-based blockchain firm, has raised $10 million as part of its Series A-2 funding round, led by Web3 VC company Parafi Capital. The raise, which values the company at $160 million,...
Nouriel ‘Dr. Doom’ Roubini Warns About Demise of US Dollar – Economics Bitcoin News
Nouriel Roubini, an economist known as “Dr. Doom,” has warned about the demise of the U.S. dollar and the rise of a “bipolar” world. Roubini believes that the Chinese renminbi might be a substitute fo...
UK Watchdog Proposes Tougher Advertising Rules
According to the United Kingdom’s financial watchdog, newly proposed advertising rules in the United Kingdom could potentially see executives of crypto firms facing up to two years in prison for...
Sam Bankman-Fried’s Lawyers Reach Agreement with Federal Prosecutors
The attorneys for Sam Bankman-Fried have struck a settlement with the federal prosecutors who are investigating his usage of chat applications. SBF “must not utilise any encrypted or ephemeral c...
North Korea Stole Record Amount of Crypto Assets in 2022, UN Report Unveils – Bitcoin News
The regime in North Korea has managed to steal more cryptocurrency last year than in previous years, according to a draft U.N. report. Despite the difference between quoted estimates, the authors conc...
Genesis creditor reveals new proposed restructuring plan that will see creditors getting back
According to information provided by a Genesis creditor, the most recent suggested restructuring plan between Genesis, Digital Currency Group, and creditors would result in creditors receiving at leas...
US Dollar to Keep Losing Its Appeal as Safe-Haven Currency of Last Resort, Says Strategist – Economics Bitcoin News
Pacific Investment Management Company (PIMCO) expects the U.S. dollar to “continue to lose its appeal as the safe-haven currency of last resort.” The $1.74 trillion asset management firm added that th...
Crypto Companies Will Reportedly Have No Presence During Super Bowl LVII
It has been claimed that viewers of the Super Bowl LVII, which will take place on February 12 and will feature a matchup between the Kansas City Chiefs and the Philadelphia Eagles, will not witness an...