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Crypto Market Rout Fuels Global Exchange Volumes — Kraken, Coinbase Report Connectivity and Latency Delays
9.11.2022
Amid the market carnage on Tuesday, Nov. 8, the top ten cryptocurrency exchanges have seen trade volumes soar. During the 24-hour period on Tuesday, the top five exchanges alone recorded more than $60 billion in trade volume. Out of the top ten crypto exchanges by trade volume, exchanges...
Report: FTX CEO Told Staff Crypto Exchange ‘Effectively Paused’ Withdrawals
8.11.2022
According to a report shared by an FTX staff member, prior to Binance announcing it would acquire the exchange, CEO Sam Bankman-Fried explained that in 72 hours FTX saw roughly $6 billion in withdrawals. Furthermore, the staff member’s account notes that withdrawals on the exchange FTX.com...
The US Government Holds Over 214,000 Bitcoin, Fed’s Stash Equates to More Than 1% of BTC’s Supply
8.11.2022
United States law enforcement officials announced on Monday that the U.S. Department of Justice (DOJ) seized “approximately 50,676.17” bitcoin from a Silk Road thief. The latest seizure adds to the cache of bitcoins the U.S. government holds today as three forfeitures during the last...
US Attorney Seizes $3.6 Billion From Silk Road Dark Web Fraud – Second-Largest Crypto Seizure in History
8.11.2022
The US Department of Justice (DOJ) has seized 50,676 BTC worth around $3.36 billion in its second-largest crypto seizure in history.
According to a Monday press release, the billion-dollar seizure is from a man who “unlawfully obtained” the coins from darkweb market Silk Road over a decade ago....
US Announces ‘Historic $3.36 Billion Cryptocurrency Seizure’ as Silk Road Bitcoin Thief Pleads Guilty
8.11.2022
The man who stole over 50,000 bitcoins from the Silk Road marketplace has pleaded guilty. According to the U.S. Department of Justice, “the seizure was then the largest cryptocurrency seizure” in the history of the DOJ and “remains the department’s second-largest...
IRS Building ‘Hundreds’ of Crypto Cases — Official Says $7 Billion in Crypto Seized in 2022
8.11.2022
The Internal Revenue Service (IRS) is building “hundreds” of crypto cases to crack down on tax evasion, an official reportedly said. In the fiscal year 2022, the IRS Criminal Investigation Division seized about $7 billion in cryptocurrency, which was double the previous year’s...
Bitcoin Price Prediction as BTC Sees $300 Billion Trading Volume Come In – Pump Imminent?
7.11.2022
On November 07, Bitcoin traded in line with our Asian session price prediction and fell below the $20,900 level. Despite reaching nearly $21,500 last week, the market has been unable to break its current pattern. However, the following week has a decent potential of being the turning...
Solana Price Prediction as $3 Billion Trading Volume Blasts SOL into the Green – Time to Buy?
6.11.2022
Solana price prediction remains bullish; however, the double top pattern is acting as a major resistance, keeping SOL's uptrend limited under $38.20. Solana (SOL) responded favorably to a recent development involving its blockchain network and Google Cloud.
In response, Solana's trading volume...
Influencers of $7 Billion Crypto Project Issued Subpoenas by SEC – Here’s What You Need to Know
6.11.2022
The US Securities and Exchange Commission (SEC) has subpoenaed some influencers of HEX, a crypto project with a market cap of around $7 billion.
Prominent crypto evangelist Eric Wall initially revealed the news on Twitter, sharing the official documents sent by the regulatory body. He added that...
How to transfer $1 billion for basically free: Bitcoin whale watching
4.11.2022
At just 15 sats/vByte, a Bitcoin user is demonstrating just how cheap it is to send vast sums of money across the internet
'Everything is fine' — Gala Games calls for calm after fears of multi-billion dollar hack
4.11.2022
Gala Games said the unusual activity of its pGALA token was actually part of efforts to safeguard it from potential attack
Sam Bankman-Fried's Alameda Holds $14.6 Billion in Assets – Here's What You Need to Know
3.11.2022
Alameda Research, a trading firm linked to major crypto exchange FTX, had some $14.6 billion of assets as of June 30, but as much as $5.82 billion of these assets consists of the exchange’s native token FTT, according to a document sourced from the company. ...
Read More: Sam Bankman-Fried's...
Stablecoin Blues: $3 Billion Erased From the Dollar-Pegged Token Economy, HUSD Depegs, USDC Supply Drops 10%
3.11.2022
Over three billion in value was erased from the stablecoin economy during the past 30 days. The trend occurred despite the number of tethers in circulation rising by 2.2% last month. On Oct. 1, 2022, tether’s market capitalization was approximately $67.95 billion, and it’s risen...
Litecoin Price Prediction – LTC Up 10% as $1.8 Billion Trading Volume Floods In
2.11.2022
Litecoin price has seen an incredible rise over the past 24 hours, gaining 10% in value, with trading volume exceeding $1.8 billion. This recent price action follows months of consolidation at the $55 level.
At the time of writing, LTC is trading just above $60, a zone that has served...
New Blockchain Security Stats: $3 Billion Worth of Crypto Stolen in 2022 – Here’s What You Need to Know
1.11.2022
A massive $3bn worth of crypto has been stolen by hackers so far in 2022, with over $760m grabbed in October alone, a security firm has said.
The significant losses due to hacking and protocol exploits was reported by the blockchain security company PeckShield on Twitter on Monday, with the firm...
Mastercard Study: African Fintech Sector Had One of the Highest Year-on-Year Growth Rates in Funding in 2021
1.11.2022
In 2021, African fintech startups accounted for 61% of the $2.7 billion in venture capital funding that was deployed on the continent, a new study has found. While its share of global fintech funding is just over one percent, the continent’s fintech sector still recorded one of the highest...
Shiba Inu Price Prediction as SHIB Sees $1 Billion Trading Volume Kick In
31.10.2022
Shiba Inu price prediction remains bullish above $0.0000116 as it has increased by more than 1.5% in the last 24 hours and more than 20% in the previous seven days to trade at $0.000012.
The majority of the bullish bias has been triggered by a surge in Shiba Inu trading volume exceeding...
The Top 5 NFT Marketplaces Surpass $40 Billion in All-Time Sales
30.10.2022
While non-fungible token (NFT) sales have slipped since the start of the year, the top five marketplaces, in terms of the largest number of all-time sales, have reached more than $40 billion. Moreover, the NFT marketplace platform Opensea captured over $32 billion worth of sales as the NFT market...
XRP Price Prediction as $1 Billion Trading Volume Comes in – XRP to the Moon?
29.10.2022
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com....
Read More: XRP Price Prediction as $1 Billion Trading Volume Comes in – XRP to the Moon?
Blockchain.com Seeks New Funding at $4 Billion Valuation – 70% Decline From Previous Round
28.10.2022
Major crypto company Blockchain.com is allegedly in talks over down-round fundraising that could see its valuation slashed by more than 70%.
The crypto exchange reportedly aims to raise funds at a fraction of the $14 billion valuation it achieved earlier this year, Bloomberg reported Thursday...