Alex Dovbnya Trust Wallet has integrated Cardano (ADA) staking, following the suit of major cryptocurrency exchanges Trust Wallet, a non-custodial mobile cryptocurrency wallet, announced that it now s...
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Binance Boss Dispels Billion-Dollar Exchange Withdrawal FUD
Binance CEO Changpeng Zhao has responded to a torrent of fear, uncertainty, and doubt (FUD) following increased withdrawals from the exchange. On Dec. 14, Changpeng Zhao stated that the recent spate o...
Polkadot [DOT] sees some respite arrive at $5, but can the bulls hold on?
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion The $5.07 level has been under siege since 21 Nove...
CEO John J Ray Claims “Embezzlement” FTX Failure’s Root Cause
In an ongoing Congressional hearing, FTX’s newly appointed chief executive John J Ray III had a mouthful to talk about the FTX and its founder, Sam Bankman-Fried. He told the panel that SBF “should ha...
Indictment against SBF unsealed, contains 8 counts of financial and elections fraud
The indictment against Sam Bankman-Fried (SBF) was unsealed Dec. 13. The indictment, signed by U.S. Attorney for the Southern District of New York Damian Williams, is 14 pages long and contains eight ...
Binance sees the largest outflow of stablecoins in 24 hours
Crypto exchange Binance faced the largest stablecoin (BUSD+USDT+USDC) outflows in 24 hours, amounting to $2.159 billion. Despite the recent wipeout, Nansen estimates that Binance still holds $30 billi...
ApeCoin’s [APE] price drops even as these metrics see a surge
APE staking went live on 6 December and the rewards were unlocked on 12 December. The price of APE, however, did not reflect the hype that came with the launch of the stake. ApeCoin [APE] staking lau...
Will This Move By Tether Finally Put All FUDs To Rest?
With mounting concerns over Tether’s growing number of secured loans and it being a reason for the stablecoin issuer’s eventual demise, Tether came out with an official announcement later today. The c...
US lawmakers criticize use of Quickbooks, creepy dough, and ‘conscientious stupidity’
Though Sam Bankman-Fried could not attend the congressional hearing virtually due to his recent arrest in the Bahamas, United States lawmakers held no punches criticizing the former FTX CEO and busine...
XRP Whales Making Big Moves On Chain; Are Prices to Follow?
There have been significant movements of Ripple XRP coins on-chain over the past week. Prices are approaching a key psychological level, but can they break out? The crypto community has been observing...
Investors Give Their Prediction for the Dogecoin Price In 2023
Join Our Telegram channel to stay up to date on breaking news coverage Dogecoin is the Memecoin with the greatest market capitalization in the cryptocurrency business and has dropped by more than 9% i...
7.736 Trillion SHIB Settle in These Wallets as This New Milestone Is Hit
Yuri Molchan Largest wallets now hold more than $70.5 million worth of Shiba Inu coins Contents $70 million in SHIB stored in largest ETH wallets New milestones reached by SHIB Prominent on-chain wall...
FTX CEO John Ray testimony before Congress, SBF denied bail
On Dec. 13 at 10 am ET, John J. Ray III, CEO of the FTX Group, sat as a witness on a hearing entitled “Investigating the collapse of FTX, Part I.” Sam Bankman-Fried was scheduled to attend the hearing...
World’s First Ecological Mining Pool Set for Launch in 2023
While Bitcoin has been at the epicentre of a global controversy storm for several years now, one company is hoping to change that by turning the entire industry on its head – in the best way possi...
Dogecoin gets December’s first large buys but does this mean DOGE will rally
Dogecoin $1 million whale transaction hit the highest since November ended Demand for the memecoin lingered in an almost deadpan situation Dogecoin [DOGE] transactions within the $1 million and above ...
ConsenSys launches zkEVM private beta testnet
Web3 ecosystem developer ConsenSys unveiled its zero-knowledge Ethereum Virtual Machine (zkEVM) network for private beta testing via a blog post on Dec. 13. Designed and operated by ConsenSys, develop...
SHIB Price Reacts with Massive Hourly Green Candle, Here’s What Might Be Next
Shiba Inu rode on a bullish wave initiated on the general cryptocurrency market as it printed six green hourly candles at a stretch. The price run is more visible on the four-hour chart, where SHIB pr...
SBF faces 8 criminal charges; Binance reportedly has billions in undisclosed reserves
The biggest news in the cryptoverse for Dec. 13 includes the arrest of former FTX CEO Sam Bankman-Fried, the testimony of FTX’s new CEO John Ray on what led to the exchange’s failure and Binance repor...
Ripple’s lawsuit with SEC could be on its homestretch; where will XRP go next?
Rumors are rife that Ripple (XRP) could settle with SEC (US Security and Exchange Commission) XRP formed a descending triangle chart pattern A bearish breakout could push XRP to settle at $0.3444 Rip...
‘Old money has all but fled,’ Huobi co-founder discusses challenges of running $400M VC fund
In a new Twitter post dated Dec. 12, Du Jun, co-founder of cryptocurrency exchange Huobi Global, shared new insight on his experience of running ABCDE Capital, a $400 million Web 3.0 venture capital (...
CFTC Slaps FTX’s SBF with Fraud Charges
Alex Dovbnya The CFTC has followed the Justice Department and the SEC by filing fraud charges against former FTX CEO Sam Bankman-Fried The Commodity Futures Trading Commission has formally filed fraud...
Is Avalanche’s performance on this front to be blamed for its bearish price action
Hexagon launched a new extension to protect Avalanche users from various threats However, as per metrics, last week was full of troubles for AVAX The network security of Avalanche [AVAX] got a notch...
Manhattan Court Finds FTX Founder SBF Guilty To Wire Fraud
The FTX founder has found himself in a whirlwind of federal indictments today, with the Securities And Exchange Commission charging Sam Bankman-Fried with defrauding investors by using billions of dol...
Web3 game DOGAMÍ secures $14M total funding
DOGAMÍ, an augmented reality mobile game involving nonfungible token (NFT) pet companions, has completed a $14 million seed funding round, according to a Dec. 12 press release provided to Cointelegrap...
Cardano Network Experiencing Strong Growth in New Wallets, Here’s Why It May Be Happening
A surge in the number of new wallets on the Cardano network was seen yesterday, as Cardano Blockchain Insights data shows. The metric, which had been showing a downtrend for a month since mid-November...
With Solana unable to breach the $14.3 mark, could it see a 10% drop this week
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Solana’s rejection at $15 was followed by successive bounces from ...
“SBF Bought Political Influence,” Says US Rep; Will It Save Him Jail Time?
With the gradual unfolding of the high-pitched drama surrounding the FTX collapse and its founder Sam Bankman-Fried, the community stands divided on the various tactics exercised by SBF to gain promin...
Judge Approves Sale of Self-Custody Platform to Galaxy Digital in Celsius Bankruptcy
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Tether to reduce secured loans to zero by 2023
Tether (USDT) said it would remove its secured loans in its reserves by 2023, according to a Dec. 13 blog post. A Dec. 1 Wall Street Journal report said Tether’s secured loan was 9% (roughly $6.1 bill...