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States’ backlash against Binance.US continues with 6th license pulled
1.5.2024
Oregon joins five other states that have delicensed Binance.US after former Binance CEO Changpeng Zhao pleaded guilty to felony charges
Former Binance CEO CZ: I Will Do My Time — Crypto Industry Has Entered a New Phase
1.5.2024
Former Binance CEO Changpeng Zhao (CZ) has expressed his gratitude to the crypto community for their support following his four-month U.S. prison sentence for pleading guilty to money laundering charges. “I will remain a passive investor (and holder) in crypto. Our industry has entered a...
Bitcoin Miners Log Second Highest Monthly Revenue in April, Despite Falling Hash Value
1.5.2024
In April, bitcoin miners amassed the second-highest monthly revenue of the past year, following the unprecedented earnings in March. In total, they collected $1.79 billion, which, although $220 million less than the previous month, still exceeded the revenues of December 2023, which totaled $1.56...
Federal Reserve Holds Rates Steady Amid Inflation Concerns; Outlook Remains ‘Uncertain’
1.5.2024
On Wednesday, May 1, 2024, the U.S. Federal Reserve chose to maintain the benchmark interest rates at their highest in 23 years. The Federal Open Market Committee (FOMC) members noted that although inflation has subsided, it still “remains elevated.” No Change in Federal Funds Rate;...
NFT Sales Dip Over 31% in April; Ethereum, Solana Experience Sharp Declines
1.5.2024
Sales of non-fungible tokens (NFTs) experienced a 31.26% decline in April from the revenues recorded in March. Last month, statistics show that NFT transactions across several markets totaled approximately $1.15 billion in sales. NFT Revenues Shrink in April, Certain Bitcoin Collections Buck...
Investor alert: BEFE coin’s remarkable takeover of PEPE and Shiba Inu revealed
1.5.2024
In a market that includes Shiba Inu and PEPE coins as meme currencies, nobody would have thought that a newcomer would have threatened their positions. The BEFE coin has become one of the fastest-growing tokens in the market and has taken over the other currencies like they did not matter. ...
US Spot Bitcoin ETFs Report 5 Straight Days of Outflows, Totaling $635 Million
1.5.2024
On Tuesday, U.S. spot bitcoin exchange-traded funds (ETFs) registered their fifth consecutive day of net withdrawals, documenting a substantial $161.6 million in negative outflows. Over the last two days, Grayscale’s Bitcoin Trust (GBTC) has offloaded 1,731.56 BTC, diminishing its reserves...
Pike Finance Exploit Leads to $1.6M in Stolen Cryptocurrency
1.5.2024
Decentralised finance (DeFi) lending protocol Pike Finance smart contract vulnerability led to $1.6 million in stolen funds over three days.
The post Pike Finance Exploit Leads to $1.6M in Stolen Cryptocurrency appeared first on Cryptonews
Investor alert: Bitgert coin’s impressive week of advancements unveiled
1.5.2024
This week has been full of ups and downs in the cryptocurrency market, with some level of instability experienced generally. Despite this instability, Bitgert has performed exceedingly well in terms of growth, with investors smiling compared to others. This growth has drawn more investors into...
Figment takes over staking services for Dutch exchange Bitvavo
1.5.2024
Institutional staking platform Figment will become Dutch exchange Bitvavo’s new staking infrastructure provider
Crypto Market Downturn Hits Coinbase, Microstrategy, and Mining Stocks Hard
1.5.2024
During the widespread downturn in the cryptocurrency markets, publicly listed companies within the sector such as Coinbase, Microstrategy, and bitcoin mining enterprises have experienced notable declines in their stock values. Shares of Coinbase have fallen by over 21% since last month, and in...
Mollars Token Presale Extended As First Crypto Exchange Confirms It Will Launch
1.5.2024
Mollars token presale has had an exhilarating 2024, becoming the top verifiable cryptocurrency initial coin offering. Transparent with their ICO wallet addresses, every bit of the 1.2-million-dollars raised thus far is able to be verified by investors as it surpasses 67% sold out.
The post...
Bitcoin Technical Analysis: Uncertainty Looms as Bearish Patterns Persist
1.5.2024
Bitcoin’s technical analysis reveals a protracted bearish trend, reflecting significant selling pressure and resistance to upward movement. With today’s price standing between $57,505 and $58,059 at 8 a.m. ET, oscillators and moving averages predominantly suggest a continuation...
Curve Finance Rewards Security Researcher $250,000 for Uncovering Critical Vulnerability
1.5.2024
Popular DeFi protocol Curve Finance has awarded a security researcher $250,000 for discovering a critical vulnerability that has historically enabled hackers to siphon off millions of dollars from cryptocurrency protocols.
The post Curve Finance Rewards Security Researcher $250,000 for Uncovering...
Russian Crypto Exchange Unable to Process Withdrawals; Angry Users Try to Storm Offices
1.5.2024
Approximately 50 users of Beribit, a Russian cryptocurrency exchange, recently tried to storm the company’s Moscow offices to demand their digital assets. Beribit’s management has attributed the delay in processing withdrawal requests to an audit initiated following the discovery of discrepancies...
The reasons Bitcoin price is down 11% since the halving
1.5.2024
Bitcoin’s current price action is “hardly a surprise” given the extraordinary bullish action leading up to the fourth halving
Extradition papers ready for Binance’s Anjarwalla, says INTERPOL Africa
1.5.2024
The Interpol official did not confirm that Anjarwalla is currently held in Kenya but noted that the fleeing crypto executive was last seen in the country
Cosmos Hub Price Prediction as ATOM Stays Green Despite Market Crash – Should You Invest Today?
1.5.2024
The Cosmos Hub price has risen by 4% today, moving to $8.30 as the cryptocurrency market loses a big 9% in 24 hours.
The post Cosmos Hub Price Prediction as ATOM Stays Green Despite Market Crash – Should You Invest Today? appeared first on Cryptonews
South Africa’s Largest Crypto Exchange VALR Expands to Poland, Eyes Global Growth
1.5.2024
VALR, the largest cryptocurrency exchange in South Africa, is set to offer its crypto asset services in Poland and is actively exploring opportunities in other jurisdictions worldwide.
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Blockchair’s Lead Developer Expresses Concerns Over Bitcoin’s Security Budget
1.5.2024
Nikita Zhavoronkov, the lead developer of Blockchair, a cryptocurrency block explorer, has expressed his concerns about Bitcoin’s dwindling security budget. Zhavoronkov stated that the network needs to experience sustained high fees to offset the security impact of the latest halving. After...