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$500 million Bitcoin (BTC) whale wakes up after 8 months to buy promising new presale ETFswap (ETFS)
10.4.2024
Analytics platform Lookonchain has recently spotted and reported the activity of a dormant Bitcoin (BTC) whale after eight years. This has sparked speculation among crypto community members about how this recent development could affect the crypto market. Others, however, are optimistic that this...
44-Day Bitcoin Drain: Coinbase and Binance Shed 76,179 BTC in Less Than 2 Months
1.4.2024
Recent figures show that over a span of 44 consecutive days, 76,179 bitcoins, worth $5.41 billion, have been moved out of Coinbase and Binance, the two leading cryptocurrency exchange and custodial firms by reserve size and total trade volume. Robinhood Bucks Trend With Bitcoin Inflows as Coinbase...
OKX’s Global Compliance Chief Left After Six Months
28.3.2024
Patrick Donegan, whose LinkedIn profile says he managed a team of 300 people around the world, was at OKX from August 2023 to January 2024
US Sanctions Russian Crypto Entities Following Potential Sanctions Evasions
26.3.2024
The U.S. has hit Russian crypto-related entities and individuals with additional sanctions following potential prior evasions aimed at funding the Putin-led country’s war against Ukraine, the Office of Foreign Asset Control (OFAC) revealed Monday. The latest announcement from OFAC marks the second...
DAO Treasuries See Over $20 Billion Growth in 4 Months Amid Crypto Market Boom
25.3.2024
Four months ago, a total of 179 decentralized autonomous organizations (DAOs) boasted treasuries exceeding $1 million or more each. As of today, this figure has climbed to 211 distinct DAOs meeting the same criteria. Furthermore, since Nov. 1, 2023, the collective value of DAO treasuries...
Bitcoin may expand for 18 months after halving, says Benchmark Senior Analyst
22.3.2024
As it approaches its fourth halving, Bitcoin, the largest cryptocurrency since its inception in 2009, has been in the news, causing price fluctuations in the cryptocurrency trading industry. The price experienced a 6.86% decline to 62,974.30 USD on March 19, representing a reduction of 6.86% from...
Crypto Lender Celsius Pursues $2B Pre-Bankruptcy Exodus
21.3.2024
Bankrupt crypto lender Celsius has begun demanding customers who made major withdrawals in the three months preceding its bankruptcy to return their funds or face legal action.
The post Crypto Lender Celsius Pursues $2B Pre-Bankruptcy Exodus appeared first on Cryptonews
Stablecoin Market Surpasses $150B, a First in 18 Months, After $980M Growth in 5 Days
20.3.2024
The stablecoin sector achieved a significant milestone on March 20, 2024, hitting the $150 billion mark as the dollar-anchored market continues its expansion. In the last five days, the stablecoin sphere expanded by $980 million, breaking past the latest threshold. Stablecoin Market Value Tops $150...
Why Cosmos (ATOM) holders join Kelexo (KLXO) lending sensation as Ethereum (ETH) hedge fund tips presale to 20x in months
18.3.2024
The crypto market’s appetite for innovation provides a fertile ground for presale projects to flourish. Investors who recognize and capitalize on this readiness can support groundbreaking technologies and platforms poised for rapid adoption. Presales represent a unique opportunity to invest...
Crypto Investor Binance Splits from Venture Capital Arm
15.3.2024
Earlier this year, Binance quietly split from its venture capital division, Binance Labs, and established as an independent entity now valued at $10 billion. This change in operation became effective under Binance's newly appointed Chief Executive Officer, Richard Teng, who assumed the role four...
Nigeria Targets Binance for User Data in Crypto Crackdown
13.3.2024
Nigerian authorities have reportedly requested Binance to provide information on its top 100 users in the country, along with its entire transaction history for the past six months.
The post Nigeria Targets Binance for User Data in Crypto Crackdown appeared first on Cryptonews
Crypto Firm Copper Allegedly Sent $4.2M to Sanctioned Russian Arms Dealer’s Wallet
11.3.2024
UK-based crypto firm Copper Technologies reportedly transferred digital assets totaling more than $4.2m to a wallet associated with a Russian arms dealer. Subsequently, the individual faced US sanctions months later.
The post Crypto Firm Copper Allegedly Sent $4.2M to Sanctioned Russian Arms...
Cryptocurrency Trader Turns $310 Into $5 Million in 3 Months – Here’s How
8.3.2024
A cryptocurrency trader has turned $310 into nearly $6 million in three months, as per data shared by on-chain smart money sleuth X account @lookonchain.
The post Cryptocurrency Trader Turns $310 Into $5 Million in 3 Months – Here’s How appeared first on Cryptonews
Bitcoin Returns To All-Time High In Canadian Dollar After PM Said It “Destroyed” People’s Life Savings
4.3.2024
The price of Bitcoin (BTC) now trades at an all-time high against the Canadian dollar roughly seventeen months after the nation’s leader slammed digital currencies as an “irresponsible” investment.
The post Bitcoin Returns To All-Time High In Canadian Dollar After PM Said It “Destroyed”...
Mollars Token Presale Surpasses $1-Million-Dollars After Investors Purchase Nearly 2-Million Tokens
3.3.2024
The Mollars token presale was at less than $50,000 raised on January 1st, the beginning of this new year. Now, just 2 months late and possibly viewed as the ‘top ICO of 2024,’ it has surpassed $1-Million-Dollars raised after investors purchased nearly 2-million tokens.
The post Mollars Token...
Arbitrum and Robinhood Partnership Ushers in New Era for Decentralized Finance Swaps
1.3.2024
Ethereum scaling solution Arbitrum has partnered up with trading app giant Robinhood to announce a new token swap integration in Robinhood’s self-custody wallet. The companies made the joint announcement yesterday at the ETHDenver conference. The new integration lets Robinhood Wallet users...
Web3 Lost Over $200 Million to Hackers in Two Months of 2024, More to Come – Immunefi
29.2.2024
"2024 will likely witness the most substantial losses in Web3 ever in terms of volume of funds," Jonah Michaels, Comms Lead at Immunefi, told Cryptonews.
The post Web3 Lost Over $200 Million to Hackers in Two Months of 2024, More to Come – Immunefi appeared first on Cryptonews
A Maximum of 78 Months — Sam Bankman-Fried’s Legal Team Calls for Leniency
29.2.2024
In a recent legal submission, Sam Bankman-Fried’s freshly appointed defense team strongly criticized the suggested century-long sentence as “grotesque.” The firm Mukasey Young is pushing for a gentler verdict for the 31-year-old creator of FTX. Bankman-Fried’s Defense Urges Judge to...
Gemini Announces $1.8 Billion Recovery Plan for Earn Users, Reaches In Principle Settlement with Genesis
29.2.2024
Gemini has announced its settlement with Genesis, plans to return $1.8 billion to Earn users, with the first distributions expected within two months, pending court approval.
The post Gemini Announces $1.8 Billion Recovery Plan for Earn Users, Reaches In Principle Settlement with Genesis appeared...
Ethereum’s TVL Breaches $50 Billion as DeFi Activity Ramps Up
28.2.2024
The Ethereum network has recorded several gains in the last four months as decentralized activity continues to rise amid institutional inflows.
The post Ethereum’s TVL Breaches $50 Billion as DeFi Activity Ramps Up appeared first on Cryptonews