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Former Binance CEO Changpeng Zhao’s Wealth Surged by $25 Billion Despite Legal Troubles in 2023
27.12.2023
Source: A video screenshot, Youtube/Entrepreneur ME Former Binance CEO Changpeng Zhao has seen his estimated wealth jump by almost $25 billion in 2023 despite his guilty plea to US criminal charges in November, which may result in his imprisonment next year. CZ’s remarkable financial growth...
US-Approved Spot Bitcoin ETFs Could Surpass Entire $50 Billion Crypto ETP Market: BitMEX
26.12.2023
Source: Pexels The global market for cryptocurrency exchange-traded products (ETPs) has reached a significant milestone, currently comprising approximately 150 products with a total value of $50.3 billion in assets under management, as reported by BitMEX research. According to the research,...
Seychelles-Based Crypto Exchange MEXC Rejects ‘Baseless’ User Asset Freeze Claims
25.12.2023
The Seychelles crypto exchange MEXC has rejected claims it is unilaterally freezing users’ accounts or “wiping” out their profits. The MEXC team said it opposes ongoing attempts to defame its name and may resort to taking legal action. Baseless Claims The Seychelles-based...
Retik Finance (RETIK) Presale stage 2 sold out, more than $1.4 Million raised with ease
22.12.2023
Introduction Since the inception of the cryptocurrency market on May 22, 2010, marked by the purchase of two pizzas with 10,000 bitcoins in Florida, USA, the sector has seen remarkable growth. What began as a nascent market has ballooned into a colossal industry with an estimated value of around...
Best Crypto to Buy Now December 21 – Near Protocol, PancakeSwap, NEO
21.12.2023
The best crypto to buy now may include major players like Near Protocol and NEO as well as newer presale tokens Bitcoin Minetrix and Meme Kombat. Image by cryptonews.com. NEAR’s price has climbed rapidly today while PancakeSwap and NEO are seeing major positive market movements as well...
FDIC’s Sign and Ad Rules Update May Impact Crypto Industry – Here’s How
21.12.2023
Source: AdobeStock / JHVEPhoto The Federal Deposit Insurance Corporation (FDIC) has recently implemented a new rule governing the use of its official signs and advertising, potentially influencing public perception of certain crypto firms. The FDIC announced on December 20 that its board...
Crypto Derivative Platform Hegic’s Profitable DeFi Strategy Could Spark Probe From SEC – Here’s Why
19.12.2023
Source: Adobe Hegic, a crypto derivatives trading platform, may have just exposed itself to an insider trading probe from the U.S. government following a profitable but sketchy trade with an affiliate company. The platform recently scored $17 million when its pseudonymous founder, Molly Wintermute...
Shytoshi Kusama Drops Hints on Significant Shiba Inu (SHIB) Developments, Everlodge (ELDG) To Integrate AI Into Its Unique Platform
19.12.2023
Recently, the Shiba Inu (SHIB) lead developer Shytoshi Kusama hinted at new major developments for the altcoin. Meanwhile, Everlodge (ELDG) has made headlines by integrating AI into its upcoming platform. This has the potential to revolutionize the real estate industry, which Statista projects...
Mirax Casino Review, Bonuses & Promo Codes 2023
19.12.2023
Our Mirax Casino review will cover the many games, providers, promotions, and payment methods available to members. They call themselves a “futuristic carnival” of slot games. Though we may never know what that means, we’re sure some of our readers will understand the allusion as we aim to divulge...
Nigerian Crypto Exchange Describes Deposit Suspension as ‘Industry-Standard Precautionary Measure’
19.12.2023
The Nigerian cryptocurrency exchange platform Bitmama recently said it has temporarily suspended deposits due to “ongoing third-party maintenance.” Bitmama said that while earlier media reports about its suspension of deposits are correct, they nevertheless “lack context,”...
Bitcoin (BTC) Aims for $45,000 Price Target As Bull Run Slows Down; Litecoin (LTC) and InQubeta (QUBE) Make Major Gains
19.12.2023
Bitcoin (BTC) currently at $42,500 price mark at the time of writing. Despite BTC’s rising demand among institutional investors, its bull run is slowing down as it aims for $45,000. Top analysts identified Fear of Missing Out (FOMO) as a critical factor fueling BTC’s price uptrend...
100x Meme Coin Sponge Launches V2 – Is $SPONGEV2 The Best Crypto to Buy Now?
18.12.2023
Investors are scrambling to take a position in the freshest meme coin on the market – Sponge V2 ($SPONGEV2), the next incarnation of the legendary Sponge ($SPONGE) meme coin. Let’s take a trip down memory lane – Sponge V1 made its debut during the bear market of May 2023, launching as...
Crypto Won't Get Long-Awaited U.S. Rules in 2024, But the Courts May Steer Its Future
18.12.2023
The U.S. Congress is still wrestling over crypto, so it's unlikely that a full regulatory regime will be in place before 2025, though court rulings and agency policies will keep emerging
Advisors May Drive Bitcoin ETF Flows in USA + More News
18.12.2023
Source: AdobeStock / Backcountry Media Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. In this edition: Advisors May Drive Bitcoin ETF Flows, Says Needham US OFAC Fines Crypto Exchange $1.2M for Russia...
Report: Worldcoin Set to Resume Kenyan Operations in Early 2024
18.12.2023
Worldcoin, the iris biometric crypto project, has reportedly reached an agreement with Kenyan authorities which allows it to resume operations in the African country. Worldcoin representatives are said to be “working directly with regulators to meet Kenya’s requirements.” Worldcoin...
As NOLA Token Shoots Up 900%, This Lesser Known ETF Crypto May Explode in January – Here’s Why
18.12.2023
As meme coin markets continue to surge with activity amid stalling Bitcoin price action, NOLA token has emerged as the latest memecoin pump after shooting up +900% overnight, but could this new ETF crypto be next? This comes as recent months have seen a huge trend in explosive DEX-traded token...
Bitcoin Miners Hit Record $9.97M Earnings From Ordinals; 61% of BTC Transfers Inscription-Driven
17.12.2023
In the wake of a substantial increase in onchain transaction fees for Bitcoin, the compensation to bitcoin miners from inscription-based transfers has hit a record peak in the last 24 hours. An estimated total of $9.97 million was allocated to miners, eclipsing the former high of $7.21 million...
Bitcoin L2 Solutions Witness Decline, Lackluster Demand Despite Surging Transaction Fees
17.12.2023
On Saturday, December 16, the cost of transacting in bitcoin eclipsed its previous peak from May 8, 2023, surging past $40 per transaction. The trend of escalating onchain fees began on the final day of October, steadily increasing thereafter. Numerous crypto proponents foresaw this spike...
Bitcoin Transaction Fees Soar to $40, Sparking Debate and Push for L2 Solutions Amid Mempool Backlog
16.12.2023
On Saturday, Dec. 16, 2023, Bitcoin’s transaction fees spike to a high of $40 per transaction at 1:48 p.m. Eastern Time. The jump in onchain fees surpassed the high reached on May 8, 2023, when the average transfer cost topped $31 per transfer. Skyrocketing Bitcoin Fees Surpass $40 Bitcoin...
CFA Renews Accusations Against Circle, Says CCTP May Be Funding Terrorism via Tron
15.12.2023
Nonprofit watchdog CFA alleged Circle’s blockchain protocol CCTP enables money laundering and funding of terrorism through Tron network. Image by Kerem Goktug Kaya, DALL-E 3. The Campaign for Accountability (CFA), a nonprofit ethics watchdog, renewed its accusations against Circle on December...