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Genesis Reaches Settlement With Parent Company DCG in $620M Lawsuit


Source: AdobeStock / Timon The beleaguered crypto lender Genesis and its parent company, Digital Currency Group (DCG), have reached a settlement that could end the protracted lawsuit aimed at recovering $620 million in repayments from DCG. DCG Commits to Settling $324.5M in Loans by April According...

Crypto Scam-Kit Inferno Drainer Shuts Down Operations


Source: AdobeStock / Tomasz Bidermann Digital asset wallet-draining platform, Inferno Drainer has closed shop after helping bad actors drain millions from several cryptocurrency platforms. In a recent Telegram post, the firm announced an end to its operations citing a need to move on after helping...

Bitcoin Technical Analysis: Bulls Eye $38K Amid Stiff Resistance


Bitcoin’s price on November 24, 2023, reflects a steady rise in value, standing at $37,903. Over the past 24 hours, BTC has fluctuated between $36,972 and $38,078, with a trading volume of $17.41 billion, signaling strong market activity to end the week. The crypto asset’s market...

Bitcoin Hashrate Hits Historic 500 EH/s Peak


On November 22, 2023, data revealed that Bitcoin’s hashrate, as calculated on a seven-day moving average, attained an unprecedented level of 500 exahash per second (EH/s), which is tantamount to about 0.5 zettahash per second (ZH/s). Additionally, with just over a week remaining until...

Trader Cashes In $12M as Blur NFT Platform Airdrops 300M Tokens to Users


A cryptocurrency trader scored big with a $12.1 million haul from Blur’s NFT token airdrop. Image by Vladimir Kazakov, Adobe Stock. The popular NFT marketplace Blur recently concluded an end-of-season airdrop, distributing 300 million reward tokens worth around $160 million to traders on...

LCX continues to shine, poised for ATH by the end of 2023


LCX is currently trading at $0.06533, with a rise of approximately 18.83% in the last 24 hours. This also makes up for an increase of 44.90% in the last seven days, or one week. The hike in the valuation of the token has caught the attention of a large number of crypto enthusiasts, who are …

Is the Solana bull market coming to an end?


Solana is a popular cryptocurrency that is currently trading at $54.56 with a trading volume of $2,527,267,755. The cryptocurrency is down by almost 2.3% in the last 24 hours and ranks #7 with a market capitalization of $23,053,287,862. It has an infinite maximum supply and a circulating supply...

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