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Crypto losses from fraud and hacks declined 12% in May — Immunefi
30.5.2024
The decline in crypto scams and frauds continued, with only $52 million lost in May compared to $59 million the previous year
Pepe, Super Trump, Brett, WienerAI Lead May’s Top Meme Coin Gainers
30.5.2024
Meme coin season is back in full swing as Pepe, Super Trump, and Brett experienced huge gains in May. Meanwhile, the new presale crypto WienerAI is emerging as a top prospect as its total raise surges toward $3.5 million. Are these meme coins set to continue their growth into June? PEPE, STRUMP...
Hashdex Withdraws Application for Spot Ether ETF, SEC Filings Show
30.5.2024
According to documents filed with the U.S. Securities and Exchange Commission (SEC) on May 24, Hashdex has officially withdrawn its application for the Hashdex Nasdaq Ethereum ETF.
The post Hashdex Withdraws Application for Spot Ether ETF, SEC Filings Show appeared first on Cryptonews
Texas Regulator Orders Arkbit Crypto Mining To Shut Down
29.5.2024
A phoney Arkbit cryptocurrency cloud mining enterprise has suffered a significant setback at the hands of the Texas State Securities Board. A cease-and-desist order was issued by the SEC on May 28 against Arkbit Capital for allegedly using dishonest tactics to commit an investment fraud.
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Best Crypto to Buy Now May 29 – Shiba Inu, Worldcoin, Chiliz
29.5.2024
On a modestly bearish day for most major cryptos that saw Bitcoin (BTC) slide 1.5% to the low $67,000s and Ethereum (ETH) drop 2.5% back to the mid-$3,700s, traders hunting for the best crypto to buy now are scouring the altcoin market for outperformers.
The post Best Crypto to Buy Now May 29...
Israel to Launch Digital Shekel Test for Payment
29.5.2024
The "digital shekel," also known as the central bank digital currency (CBDC), is being developed at a faster pace by the Bank of Israel (BoI). The bank recently provided an update on May 28 that included preparations for the payment use case of the CBDC through the 'Digital Shekel Challenge'...
UK Digital Bank Kroo to Ban Crypto Transactions Effective May 30
29.5.2024
UK-based digital bank Kroo noted that it would “freeze or restrict accounts” used to purchase or trade in crypto
The post UK Digital Bank Kroo to Ban Crypto Transactions Effective May 30 appeared first on Cryptonews
Cambodia’s Central Bank Governor Believes Digital Currency Will Boost Fiat Use: Here’s Why
28.5.2024
In an announcement made on May 28, Central Bank Governor Chea Serey stated that through enabling cross-border QR payments, the Central Bank Digital Currency (CBDC) Bakong might boost the uptake of the Riel currency in Cambodia.
The post Cambodia’s Central Bank Governor Believes Digital...
HTX Exchange Surpasses Coinbase In Spot Trading Volumes
28.5.2024
On May 27, HTX passed US-based Coinbase in daily spot trading volumes for the first time, marking a significant milestone. This development underscores HTX's increasing market presence and impact, signalling a significant shift in the global crypto trading platform hierarchy.
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Bullish Bitcoin options dominate May’s $6.5 billion expiry
28.5.2024
Bitcoin bulls have strong incentives to push the BTC price above $70,000 on May 31, but the clock is ticking
Best Crypto to Buy Now May 28 – Notcoin, Celestia, Chiliz
28.5.2024
As crypto markets succumb to sell pressure on Tuesday as US markets reopen following the longer Memorial Day holiday weekend amid jitters about the sale of Mt Gox Bitcoins, traders are hunting for altcoins gems that could still provide short-term upside and be the best crypto to buy now.
The post...
Crypto Exchange Listing and Delisting Announcements: May 27, 2024
28.5.2024
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.
The post Crypto Exchange Listing and Delisting Announcements: May 27, 2024 appeared first on Cryptonews
Grayscale’s Spot Ether ETF Projected to See Daily Outflow of $110 Million on Average: Kaiko
28.5.2024
Grayscale's forthcoming spot Ethereum ETF may face significant outflows, potentially averaging around $110 million per day.
The post Grayscale’s Spot Ether ETF Projected to See Daily Outflow of $110 Million on Average: Kaiko appeared first on Cryptonews
Microstrategy’s Michael Saylor States Spot Ether ETF Approval ‘May Be Better for Bitcoin’
28.5.2024
Michael Saylor, Executive Chairman of Microstrategy, stated that the approval of several spot ether ETF proposals by the U.S. SEC might be good for Bitcoin. In “What Bitcoin Did,” Peter McCormack’s podcast, Saylor stated this approval gives rise to a crypto asset class, including...
Altcoin Interest Driving South Korean Crypto Craze – Report
28.5.2024
Altcoin interest may be the driving factor as South Korean interest in alternative cryptoassets continues to rise, a new report has claimed.
The post Altcoin Interest Driving South Korean Crypto Craze – Report appeared first on Cryptonews
Best Crypto to Buy Now May 27 – NOT, FLOKI, WIF
28.5.2024
It was a quiet start to the week for global markets, most major coins rising in wake of pro-crypto commentary from US Presidential candidate and former President Donald Trump last week.
The post Best Crypto to Buy Now May 27 – NOT, FLOKI, WIF appeared first on Cryptonews
Elon Musk’s xAI Secures $6 Billion To Compete With ChatGPT
27.5.2024
On May 26, Elon Musk's AI business, xAI, completed a successful $6 billion Series B fundraising round. Saudi billionaire Prince Alwaleed Bin Talal, Sequoia Capital, Andreessen Horowitz, and Vy Capital were among the participants in the most recent Series B investment.
The post Elon Musk’s...
EUBOF Advises EU On Blockchain And AI Integration
27.5.2024
In a report published on May 24, the European Blockchain Observatory and Forum (EUBOF), a project of the European Commission, urged the EU to get ready for the fusion of blockchain technology with artificial intelligence (AI).
The post EUBOF Advises EU On Blockchain And AI Integration appeared...
Holders Of Viral Multimillion Dollar Staking & Gaming Meme Coin $SPONGE Vote For Instant Staking Rewards
27.5.2024
Monday, May 27, 2024 – The community for Sponge ($SPONGE), a popular meme coin that brought its early supporters returns of up to 10,000%, has voted to receive the project’s lucrative staking rewards instantly. This means all accrued staking rewards will be paid out to $SPONGE holders after...
Bitcoin might get boring — But Ether may propel LINK, UNI, ARB prices higher
27.5.2024
After the initial subdued reaction to the spot Ether ETF approval, Ether may move up, pulling LINK, UNI, and ARB higher, while Bitcoin may consolidate