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US FDIC Says OKCoin Made False Statements About Deposit Insurance and Demands Corrections
16.6.2023
The US Federal Deposit Insurance Corporation sent a letter to OKCoin USA, Inc., demanding the cryptocurrency exchange take action to address false and misleading statements about its deposit insurance.
The FDIC sent three letters to OKCoin USA, Inc., Bodega Importadora de Pallets and Money Avenue...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Rebound on Friday, as Markets Digest US Retail Sales Data
16.6.2023
Bitcoin rose back above $25,000 on Friday, as markets continued to digest recent U.S. economic data. Yesterday saw retail sales climb higher than expected, rising by 0.3% in May, better than a projected decline of 0.1%. Ethereum moved closer to the $1,700 level. Bitcoin Bitcoin bulls made a brief...
Hashflow assures users will be made 'whole' following $600K exploit
15.6.2023
The trading platform has provided instructions for the recovery of funds lost through a contract approval vulnerability
Xbox Calls Starfield ‘One Of The Most Important RPGs Ever Made’ And It’s Not Even Out
13.6.2023
If you missed the Xbox and Bethesda showcase at Summer Game Fest, you missed some cool games and a whole lot of Starfield at the end. It was the most we’ve seen of Bethesda’s upcoming sci-fi RPG, and even as a person who doesn’t usually love the studio’s games, it looks pretty rad. I love me some...
Bitcoin Dominance Soars to 47.5%: Highest Level in a Year as Other Crypto Assets Suffer
11.6.2023
On June 10, 2023, bitcoin is dominating with a market capitalization dominance of 47.5%, marking its highest level since this time last year, according to coinmarketcap.com. Meanwhile, ethereum’s dominance is holding steady at 20%, indicating that the recent dominance gains made by these...
AI Crypto Signals and Trading Alpha Made Easy with This New Crypto Platform – Best Low Cap Gem?
6.6.2023
Step into the future of trading with yPredict, a new crypto platform that combines the power of AI with the dynamism of the blockchain.
With its native $YPRED token, yPredict is spear-heading an innovation revolution in the crypto market.
Brought to life by elite Machine Learning minds, yPredict...
US SEC Identifies 12 Crypto Tokens as Securities in Binance Lawsuit
6.6.2023
The U.S. Securities and Exchange Commission (SEC) has identified 12 crypto tokens as securities in a new lawsuit filed against Binance and its CEO, Changpeng Zhao (CZ). The securities regulator asserted that Binance platforms “have made available for trading on them crypto assets that...
One Of The Coolest Bits In Across The Spider-Verse Was Made By A Single Teenager
5.6.2023
Days after the debut of Spider-Man: Across the Spider-Verse, the sequel is already being lauded as a marvel of animation and a fascinating mix of mediums. There’s even a small reference to Insomniac’s upcoming Spider-Man game hidden in the film.Read more
Stablecoin Economy Reaches 20-Month Low as BUSD Redemptions Surpass 10 Billion Tokens in 3 Months
31.5.2023
Three months have passed since Paxos made the decision to cease the production of new BUSD tokens, complying with the directive issued by the New York Department of Financial Services (NYDFS). Since February 13, 2023, 10.62 billion BUSD tokens have been redeemed thus far. Within the span of...
South African Rand Plunges to New Low After Benchmark Interest Rate Is Raised to 14-Year High
29.5.2023
The South African fiat currency’s exchange rate versus the U.S. dollar plunged to a new all-time low of 19.7640 per dollar on May 25 just moments after the South African Reserve Bank raised the benchmark interest rate to its highest since 2009. Although the currency has since made some...
Ethereum’s Shanghai upgrade made it easier to detect criminals
29.5.2023
Staking rewards following Ethereum’s Shanghai upgrade have made it easier for investigators to spot counterintuitive behavior by ETH holders
China’s Credit Agency Downgrades US Credit Rating Over Debt-Ceiling Standoff and Looming Default
27.5.2023
China’s oldest credit rating agency, Chengxin International Credit Rating (CCXI), made headlines this week by downgrading the United States’ credit rating. The agency lowered the rating from AAAg to AAg+ and attributed this decision to the escalating political discord, rising inflation...
Crypto Exchange Hotbit Says ‘Deteriorating Conditions’ Forced It to Stop Operations
25.5.2023
China-headquartered cryptocurrency exchange, Hotbit, said on May 22 it had made the decision to halt “all cex operations.” The crypto exchange pointed to the “continuous outflows of funds from cex [centralized exchange] users” as one of the many factors that forced Hotbit...
ASIC Heavyweights: These Are the Most Profitable Proof-of-Work Algorithms in 2023
24.5.2023
Eight months ago, there was a significant transformation in the realm of lucrative proof-of-work (PoW) mining algorithms when Ethereum made the transition from PoW to proof-of-stake (PoS). During that period, the prevailing consensus algorithms for mining were Kadena, Scrypt, and Cuckatoo32....
Dormant Bitcoin Wallet From 2010 Makes Rare Transaction on 13th Anniversary of Bitcoin Pizza Day
22.5.2023
As bitcoin enthusiasts commemorate Bitcoin Pizza Day, marking the 13th anniversary of Laszlo Hanyecz’s acquisition of two pizzas for 10,000 BTC on May 22, a dormant sleeping bitcoin wallet from July 2010 has made a transaction of 50 BTC after almost 13 years. Bitcoin Wallet From 2010 Comes...
Lego’s Newest Set Is A RadPac-Man Arcade Machine Made Up Of 2600+ Pieces
22.5.2023
The unending war between Pac-Man and ghosts continues, but this time in the form of a massive Lego set recreating a Pac-Man arcade cabinet, complete with moving parts, a light-up coin slot, buttons, and more.Read more
Bank of Russia Expects Significant Growth in Digital Assets Market
20.5.2023
The Central Bank of Russia predicts an increase in the issuance of digital assets, citing some of their advantages. The monetary authority has published a report presenting the progress made by the growing industry and assessing the prospects for its further development. Russia’s Central Bank...
Tears Of The Kingdom Made Shield Surfing Even Better
19.5.2023
As was the case in Breath of the Wild, The Legend of Zelda: Tears of the Kingdom lets Link use his shield as an improvised surfing device. It’s both fun and useful for getting out of trouble if you know how to do it. But TotK adds a little twist to this fun mechanic by way of the game’s new Fuse...
FATF President Urges G7 to Lead in Shutting Down ‘Lawless Crypto Space’
19.5.2023
It is necessary to put an “end to the lawless crypto space,” according to the head of the Financial Action Task Force (FATF). G7 nations must set an example in implementing global standards on combating money laundering, the executive insisted, as little progress has been made in regards...
Bitpay Ceases Prepaid Mastercard Program, Promises Enhanced Card Service in the Future
19.5.2023
Cryptocurrency proponents in the United States are facing increasing challenges when it comes to utilizing digital assets for expenditures. Several crypto companies have encountered difficulties in securing banking partners. This week, Bitpay, a prominent player in the crypto payments sector, made...