Search
SEC Chair Gensler Warns of Bitcoin’s Role in Ransomware, Advocates for Centralized Money
14.2.2024
United States Securities and Exchange Commission (SEC) Chair Gary Gensler spoke about Bitcoin, stating that it is the leading market share for ransomware attacks. Despite the agency’s approval of 11 Spot Bitcoin ETFs earlier this year, Gensler has continued to express his disapproval of...
Bitcoin Price Prediction as BTC Blasts Past $50,000 – New All-Time High Soon?
14.2.2024
Bitcoin Price Prediction In the ever-evolving landscape of cryptocurrency, Bitcoin has once again captured the spotlight, surging beyond the $50,000 threshold to solidify its market standing. The recent price rally to $51,740.00, a 4.53% increase within a mere 24-hour window, ignites discussions...
Bitcoin Mining Company Phoenix Group Reports 50% Net Income Increase and 20% Sales Growth
14.2.2024
After its oversubscribed initial public offering (IPO), Phoenix Group, a Dubai-based company specializing in bitcoin mining and blockchain infrastructure, has announced a significant 50% increase in net income. The firm further revealed a 20% increase in its annual sales compared to the previous...
Uniswap’s Hayden Adams Calls Attention to Scammer Impersonating His ETH Wallet Address
14.2.2024
On February 14, Uniswap founder Hayden Adams warned the cryptocurrency community on social media platform X about a new strategy of crypto thieves who imitate Ethereum wallet addresses to defraud unsuspecting investors. Here’s how this new crypto scam works. Uniswap Founder Issues Warning...
Stablecoin Sector Swells by $1.7 Billion in February; USDC and FDUSD Lead Supply Growth
14.2.2024
Statistics reveal that since the onset of February 2024, the stablecoin sector has experienced a significant expansion, with an increase of $1.7 billion in its economy. In the last 30 days, both usd coin and first digital usd witnessed their supplies jump by 9.6% and 40.3%, respectively....
FCA Reviewed 44 Crypto Firms Registered in UK For Anti-Money Laundering Purposes
14.2.2024
The Financial Conduct Authority (FCA) has conducted internal reviews on 44 cryptocurrency firms registered in the country to tackle money laundering concerns. In a Feb 14 release, the regulator highlighted key areas in the UK markets including digital assets regulations. Last year, the FCA carried...
Bitcoin Short Squeeze Wipes Out $89M as Price Surges to $52K; ETF Inflows Hit $4B
14.2.2024
The price of bitcoin soared past the $52K milestone on Wednesday, reaching $52,056 per unit on Bitstamp at 10:05 a.m. Eastern Time. Bitcoin’s meteoric rise over the past day triggered a wave of liquidated leveraged positions, wiping out $89.28 million in short positions. ‘Sustained...
Crypto Fear and Greed Index Touches ‘Extreme Greed’ as Bitcoin Soars, Echoing 2021’s Highs
14.2.2024
Bitcoin’s ascent beyond the $51,000 mark has propelled the Crypto Fear and Greed Index (CFGI) into the “greed” territory, registering a notable 74 out of 100. Just a day earlier, the CFGI soared to an impressive peak of 79, denoting “extreme greed” and marking...
Kraken Inquires UK Users Regarding Self-Custodial Wallet Activity, Cites Local Regulations
14.2.2024
Kraken, a prominent cryptocurrency exchange, has recently introduced a new requirement for its users in the United Kingdom. According to a recent post shared by James Van Straten, Kraken is now mandating that its UK users verify their self-custodial wallets or validate their wallet identities...
Bitcoin Technical Analysis: BTC’s Bullish Momentum Signals Strong Market Confidence on Valentine’s Day
14.2.2024
Bitcoin’s price trajectory on Feb. 14, 2024, showcases a robust bullish trend, with the cryptocurrency reaching a 24-hour high of $51,814. Amidst a consolidating market, the digital asset has seen significant growth, marking a 3% increase today, and 21% over the past month. Bitcoin Bitcoin...
Bybit and DMCC commit to grow the future of crypto and Web3
14.2.2024
Bybit and DMCC signed an MOU in June 2023. The purpose was to commit to growing the landscape of crypto and Web3 while also helping Dubai become a global hub in the segment. Dubai Multi Commodities Centre has been a driving force in shaping the future of innovative technologies, and it is only...
Former Binance CEO Changpeng Zhao’s Sentencing Delayed to April 30, Court Notice Reveals
14.2.2024
A U.S. court has postponed the sentencing of Changpeng Zhao, the ousted CEO of the crypto exchange Binance, to April 30. A Seattle Federal Court notice did not share reasons for the delay in Zhao’s sentencing while his lawyer reportedly declined to comment on the matter. Uncertain Times...
CoinDCX commits to a seamless transition for Koinex users
14.2.2024
CoinDCX has announced that it is extending a helping hand to over 1 lakh users of Koinex, enabling them to transition to the new platform with convenience, effective February 4, 2024. The objective is to empower the Indian crypto community. Once transitioned, users can find their assets...
Crypto.com Applies For Crypto Exchange License With Hong Kong SFC
14.2.2024
Crypto.com, the US-based cryptocurrency exchange, has thrown its hat into the ring for a license to operate in Hong Kong. The company submitted an application to the Hong Kong Securities and Futures Commission (SFC) on February 9th, seeking approval to operate as a virtual asset trading platform...
PlayDapp Security Breach Escalates: Cumulative Losses Surpass $290 Million Mark
14.2.2024
The recent PlayDapp security breach has taken a grim turn, with cumulative losses now exceeding $290 million. According to a report by blockchain analytics firm Elliptic, the exploit resulted in the theft of millions worth of PLA tokens, the native cryptocurrency powering PlayDapp’s gaming...
Voyager Investors Sue the NBA and New Jersey’s Oldest Law Firm
14.2.2024
Investors in the bankrupt cryptocurrency exchange Voyager Digital are suing the National Basketball Association (NBA), and New Jersey’s oldest law firm, McCarter & English. This emerging legal battle illustrates how even some of the largest and most reputable brands and companies can quickly...
ICP’s 2023 review: The year of next-gen SNS DAOs and Multi-Chain
14.2.2024
ICP recently released a report to summarize its yearly progress. The report overviewed the multi-chain features, expansive market growth, partnerships, and new projects for ICP. While 2023 was a brutal year for the crypto market, ICP still ended the year with a 30% increase in developer growth....
Sushi Partners With Layer N to Launch High-Speed Derivatives Exchange
14.2.2024
Sushi, the multi-chain decentralized exchange (dex), plans to launch a new high-speed derivatives exchange called Susa using Layer N’s scaling technology, Sushi revealed on Tuesday. The partnership aims to rival centralized exchanges by processing over 100,000 transactions per second with...
Top 10 Industries Where Cryptocurrency is Replacing Traditional Fiat Currency
14.2.2024
Cryptocurrencies, digital assets, and other newer technologies are set to become the most important elements of various industries. In today’s world, more consumers are willing to go cashless and make payments through digital currencies since they offer hassle-free and faster payment systems than...
Philippines to Develop Blockchainless Wholesale CBDC in Two Years
14.2.2024
The Central Bank of the Philippines will develop a central bank digital currency (CBDC) in the next two years, according to Governor Eli Remolona Jr. The still unnamed CBDC will focus on the wholesale market and won’t use blockchain tech, instead relying on the Philippine Payment...