According to Ryan Selkis, Messari CEO, Tether’s net profit has risen to 10% of JP Morgan’s. Tether’s CEO, Paolo Ardoino, reported that the company made a $2.85 billion profit in Q4 2023. Messari noted...
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Live Tech News Updates.
Kraken Triumphs In This Ripple Lawsuit, What This Means For XRP Holders
Kraken has secured a major victory in an ongoing legal battle between Ripple and a group of XRP investors. The crypto exchange intervened in the lawsuit to protect its customers’ data, arguing that th...
The Market Outlook Report from Secure Digital Markets
In 2023, the cryptocurrency industry faced many challenges but showed resilience, overcoming a brutal bear market that saw many of the last cycle’s big names such as Celsius, FTX, and 3AC bankrupted. ...
TRX Looks Set For A Bullish Streak To $0.12
Tron price is eyeing a fresh increase from the $0.1112 support against the US Dollar. TRX is outperforming Bitcoin and could rise further above $0.1140. Tron is moving higher above the $0.1120 resista...
Polygon Labs announces 19% reduction in staff to streamline operations
Polygon Labs has announced a 19% reduction in its workforce, impacting 60 employees across various departments. The decision, announced by CEO Marc Boiron in an internal memo on Feb. 1, is part of the...
Traders pumped and dumped another ‘JUP’ during $700M Jupiter airdrop
Some traders may have speculated on the price of the wrong token, while a 17-year-old trader claims to have raked in $1 million in airdrops of the actual Jupiter token. A seven-year-old defunct Ethere...
Coinbase Hires Former UK Finance Minister To Advisory Council
Crypto exchange Coinbase has added another political bigwig to its Global Advisory Council, with the UK’s former Chancellor of the Exchequer George Osborne joining as an advisor. “Osborne brings decad...
Cardano (ADA) Loses $0.5 Threshold, Pivotal Shiba Inu (SHIB) Price Level, Major Polygon (MATIC) Support Reached
Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is i...
Bybit is seeking approval for the license in Hong Kong.
With a strategic move, the cryptocurrency exchange Bybit has officially submitted the license application to operate as a “virtual asset trading platform” in Hong Kong. The application, submitted thr...
Astar Network Prepares for Landmark zkEVM Mainnet Launch and Unveils ‘Yoki Origins’ Campaign
Astar Network, a renowned Web3 infrastructure platform with origins in Japan and a recent global expansion, has today announced the upcoming mainnet release of Astar zkEVM Powered by Polygon. This Lay...
KIP Protocol Closes Strategic Funding Round Led by Animoca Ventures
Hong Kong, 1 February 2024 – KIP Protocol, the Web3 base layer for artificial intelligence (AI), has successfully closed its strategic funding round led by Animoca Ventures. KIP Protocol builds secure...
Analysts Say $XRP Could Hit $20 if This Happens, But $GFOX Returns Are Even Higher
Many top altcoins have already committed to the challenge of becoming the best cryptocurrency to invest in 2024. $XRP has chosen the path of a lawsuit victory and has targeted to trade at $20 to fulfi...
Bybit Applies for Hong Kong Virtual Asset Trading License, Joins 14 Applicant List!
Key Points: Bybit’s official application on January 31, 2024, surfaces on SFC’s website. Bybit joins a list of 14 companies seeking Hong Kong virtual asset trading licenses. Bybit’s Spark Fintech Limi...
Worldcoin Developer Tools For Humanity Teams Up With Web3 SuperApp Kresus
Tools For Humanity – the developer behind Worldcoin – and web3 “SuperApp” Kresus have announced a strategic partnership. The arrangement will see both parties collaborate on initiatives that should en...
Majority of Pump-And-Dump Schemes End in Failure
Pump and dump schemes commonly entail an individual or a group of actors investing in a token, vigorously advocating for its value to surge, and then swiftly selling off their holdings for substantial...
XRP Whales Reemerge, 217 Transactions Exceeding $1M in 1 Day
XRP experienced a resurgence in whale transactions exceeding $1 million. Wallets containing 10 million XRP now hold 67.2% of supply, the highest since 2022. Santiment didn’t observe panic actions orig...
Can BNB achieve mass adoption in 2024? What the roadmap suggests
The update mentioned that opBNB, BSC, and Greenfield would be interconnected. Development activity on the chain dropped but BNB Chain plans to bring in more developers. Smart contract blockchain ecosy...
Bitfinex Securities launches El Salvador’s first licensed digital asset service provider
Bitfinex Securities debuts as El Salvador’s first licensed digital asset service provider, aligning with the country’s pioneering Bitcoin-focused financial initiatives. The securities token platform, ...
XRP Negatively Drifting From Its 3-Year Consolidation Plan
After 3 straight years of consolidation, the XRP price is finally breaking out of this pattern but in a bearish direction. The price of XRP has been a major source of concern for industry observers wi...
TRON Trades Modestly, But Challenges The High At $0.115
Feb 01, 2024 at 17:36 // Price The price of TRON (TRX) has held above the moving average lines but below the $0.1150 resistance level. Coinidol.com bringing cryptocurrency price analysis. Long-term fo...
As $112m XRP was stolen, It’s time to diversify your Portfolio with these Altcoins
The cryptocurrency market has recently been shaken by a significant security breach, where hackers stole approximately $112 million in XRP, the cryptocurrency focused on by Ripple. This incident, disc...
Can DAOs Gain More Traction Amid Delaware’s Legal Upheaval?
In the wake of recent legal changes, many high-profile firms in Delaware are in turmoil. Balaji Srinivasan, ex-CTO of Coinbase, has started an important discussion. He highlights Decentralized Autonom...
Sam Altman’s Worldcoin Investigated Over Privacy Breaches in Hong Kong
Cover image via youtu.be Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended...
Creating asset-backed stablecoins with the Reserve protocol
Thomas Mattimore is the CEO of ABC Labs, the company behind the development and promotion of the Reserve protocol, a permissionless platform that empowers anyone to launch and govern overcollateralize...
Binance Unveils Inscriptions Marketplace for Seamless Token Trading
Binance, a leading centralized cryptocurrency exchange, introduced the “Binance Inscriptions Marketplace”. It is a new platform for buying, trading, and generating inscription tokens. This is a major ...
Arthur Hayes Predicts Epic Solana (SOL) Price Rally If This Happens
BitMEX founder, Arthur Hayes, shared insights on X about Bitcoin’s potential rally amidst challenges faced by New York Community Bancorp ($NYCB) and the banking sector. Hayes linked the complex relati...
Binance Web3 Wallet Now Supports BRC-20 Assets!
Key Points: Binance Web3 now supports Ordinals for enhanced asset management. A one-stop solution for trading and inscribing diverse tokens. Binance app version 2.78+ unlocks Inscription Market under ...
This Ripple Exec Leaves the Company: Details
TL;DR Navin Gupta, Ripple’s Managing Director for South Asia and MENA, left the firm. His exit occurs ahead of an upcoming trial with the US SEC. Meanwhile, Ripple continues to expand its team with ne...
ADA Eyes Rally Amid Bullish Market Signals
ADA’s rally potential grows as transactions surge, hinting at accumulation by major holders. Smart contract activity on Cardano’s blockchain signals increased utility, fueling optimistic price forecas...
Assessing Polygon zkEVM as it attempts a recovery
Polygon zkEVM’s network activity declined last month, along with its TVL. Meanwhile, MATIC’s price gained bullish momentum as it surged by 13%. Polygon [MATIC] zkEVM’s performance has been on the dec...
Analysts monitoring Cardano, Chainlink, and KangaMoon for gains
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The crypto market started 2024 strongly. With experts ...
Former UK Finance Minister Joins Advisory Council
In a strategic move to enhance its regulatory influence, leading cryptocurrency exchange Coinbase has appointed former British finance minister George Osborne as a global advisor. Osborne’s extensive ...