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Exodus CEO frustrated as SEC delays listing amid celebrations
10.5.2024
Exodus hits regulatory roadblock despite previous approval as “numerous employees and their families” arrive in NYC to face disappointment
How to securely store crypto in software wallets
10.5.2024
Securing your cryptocurrency storage starts with selecting the appropriate software wallet. Using multisig wallets, 2FA and password managers are further steps
Kraken counters SEC’s legal interpretation in dismissal motion
10.5.2024
Kraken argues that the SEC’s efforts to refute unaddressed arguments indicate a misunderstanding of the case’s central points
UAE Offers Friendlier Crypto Scene Than US Due to Political Stability: Komodo CTO
10.5.2024
Komodo CTO Kadan Stadlemann said the United Arab Emirates' political stability fosters a friendlier environment for crypto businesses to flourish, compared to the challenges they face in the US.
The post UAE Offers Friendlier Crypto Scene Than US Due to Political Stability: Komodo CTO appeared...
Japanese Crypto Platform SBI VC Trade Begins Validator Node Operations on XRP Ledger
10.5.2024
SBI VC Trade Co., Ltd., a Japanese crypto-asset trading platform, has announced the commencement of its operation as a validator node on the XRP Ledger blockchain. This move aims to earn recognition for reliable performance from the XRP Ledger community and to be selected in the Unique Node List...
Eclipse Labs CEO Steps Down After Sexual Misconduct Allegations Surface
10.5.2024
Eclipse Labs founder and CEO Neel Somani has decided to reduce his public role within the company temporarily amid allegations of sexual misconduct, asserting his innocence and readiness to defend his reputation on the social media platform X, formerly known as Twitter. Eclipse Labs, aiming...
Kraken Asks Court to Dismiss SEC Claims to Avoid 'Significant Reordering' of U.S. Financial Structure
10.5.2024
Lawyers of crypto exchange Kraken have told a U.S. court that claims by the U.S. Securities and Exchange Commission (SEC) against it should be dismissed to avoid a "significant reordering" of the U.S. financial regulatory structure, according to court filings submitted in the Northern District...
SBF maintains his innocence as he trades rice in jail
10.5.2024
FTX co-founder Sam Bankman-Fried gave his first in-person media interview since being locked up, saying he’s gotten “good at faking” that he’s doing well
RNDR pumps 11% after Apple mentions Octane
10.5.2024
A brief, three-second mention of Render’s Octane software in an Apple promo video was spotted by traders amid RNDR already witnessing significant price appreciation this week
President Joe Biden is trying hard to 'kill crypto', says Cardano founder
10.5.2024
“A vote for Biden is a vote against the American cryptocurrency industry,” said Charles Hoskinson in a video that lashed the White House for its ongoing treatment of crypto in the United States
Hong Kong Police Detain Businessman Tied to Crypto Investor’s Abduction
10.5.2024
A businessman from Hong Kong, linked to four individuals implicated in the kidnapping of a cryptocurrency investor, was recently taken into custody after surrendering to law enforcement. Authorities allege that the vehicle used in the investor’s abduction is owned by the businessman’s family....
Jack Dorsey Forecasts Bitcoin to Reach $1 Million by 2030
10.5.2024
Twitter co-founder Jack Dorsey predicts that the price of Bitcoin could hit at least $1 million by 2030, suggesting its value may grow even further thereafter. In an interview, he expressed his enthusiasm not just about Bitcoin’s potential for price growth but also highlighted the unique...
Altcoins will bottom in early summer before bull run — Analyst
10.5.2024
An altcoin bull run would first require Bitcoin to break out from its current range, according to Nansen's principal research analyst
BlockDAG innovates with 10 new payment options and a surge to $0.007, eclipsing Bonk (BONK) and Dogwifhat (WIF) potentials
10.5.2024
Bonk (BONK) emerges from its meme coin status with robust community support and technological advancements. Similarly, Dogwifhat (WIF) transitions from its quirky origins to a token focused on rewarding long-term investment. Amidst these developments, BlockDAG distinguishes itself by not only...
Stablecoin Issuer Tether Hits Back Deutsche Bank’s Argument Over its Solvency
10.5.2024
Deutsche Bank criticized Tether stablecoin, questioning its solvency and its industry standard for crypto derivatives.
The post Stablecoin Issuer Tether Hits Back Deutsche Bank’s Argument Over its Solvency appeared first on Cryptonews
BlockFi Shuts Web Platform, Partners with Coinbase for Crypto Withdrawals
10.5.2024
Embattled crypto lender BlockFi announced Thursday that it plans to close its web platform this month, and is partnering with Coinbase to distribute funds to clients.
The post BlockFi Shuts Web Platform, Partners with Coinbase for Crypto Withdrawals appeared first on Cryptonews
Attacker Returns $153,000 Worth of Ether to Victim After Stealing $68 Million
10.5.2024
An attacker involved in a $68 million address poisoning scam has returned $153,000 worth of Ether to the victim and expressed willingness to negotiate further.
The post Attacker Returns $153,000 Worth of Ether to Victim After Stealing $68 Million appeared first on Cryptonews
Pantera Capital Backs Telegram’s TON With Its Largest Investment Ever
10.5.2024
Pantera Capital has made a significant investment in Telegram’s The Open Network (TON) blockchain, highlighting the platform’s large user base and potential for fostering cryptocurrency adoption and innovation in decentralized finance. This partnership is set to reinforce the principles...
Tether Counters Deutsche Bank’s Stablecoin Warning, Defends Reserve Transparency
10.5.2024
Tether strongly criticized a Deutsche Bank report that raised concerns about the stability of stablecoins, including Tether’s dollar-pegged token, predicting a potential crisis similar to the 2022 collapse of Terrausd, which erased billions from the market. Deutsche Bank analysts, citing...
Latam E-Commerce Giant Mercado Libre Holds $40 Million in Crypto
10.5.2024
Mercado Libre, one of the biggest e-commerce platforms in Latam, has disclosed it holds over $40 million in cryptocurrency, according to its Q1 2024 filings. The company disclosed that it held 412.7 bitcoin (BTC) and 3,041.6 ethereum (ETH), by March 31. However, Mercado Libre does not own these...