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Gaming Firm Boyaa Interactive to Add Bitcoin and Ether to Balance Sheet With $100M Investment
15.11.2023
Recently disclosed in a regulatory statement, Hong Kong-based Boyaa Interactive International Limited announced its plan to acquire cryptocurrency assets valued at up to $100 million. This publicly listed entity, known for developing and managing online card and board games through its various...
46% of crypto lost from exploits is due to traditional Web2 flaws - Immunefi
15.11.2023
The security platform released a report categorizing Web3 exploits in 2022, concluding that nearly half came from “infrastructure” or centralized elements
Bakkt shifts focus to custody services, adds support for DOGE, SHIB, other coins
15.11.2023
Bakkt is expanding its custody services shortly after its quarterly earnings report showed assets under custody declined 28%
German Banking Giant Commerzbank Granted Crypto Custody License
15.11.2023
Commerzbank has made a significant stride in the digital asset sector by becoming the first German full-service bank to receive a Crypto Custody License. Commerzbank believes the breakthrough positions the bank at the forefront of the burgeoning crypto market in Germany. The firm discloses that...
Crypto Whales Are Secretly Stacking This Hidden AI Crypto Gem Before it Lists on Exchanges – What Do They Know?
15.11.2023
Launchpad XYZ is an AI crypto platform gaining traction before listing on major crypto exchanges. Image by Andreas, Adobe Stock. Crypto venture capitalists have set their sights on Launchpad XYZ and its goal of enabling anyone to tap into algorithmic trading through the platform’s custom...
Poloniex to Resume Deposits and Withdrawal Services After $100 Million Exploit: Here’s More
15.11.2023
Source: Adobe Cryptocurrency exchange Poloniex has announced plans to resume operations after it suffered a major hack resulting in losses over $100 million. The exchange announced on Nov 15 that following restoration efforts after the hack, it will begin deposits and withdrawal services assuring...
Bitcoin Technical Analysis: BTC Enters a Steady Range-Bound Consolidation Phase
15.11.2023
As bitcoin hovers around $36,209, the cryptocurrency market braces for potential shifts. The day prior, BTC slid to a low of $35,109 per coin but has since managed to rebound back above the $36K range. Bitcoin’s market volatility intensified following the release of the consumer price index...
Is Immutable Going to Zero? IMX Price Takes a Dive as Budding Mining Coin Surpasses $4,000,000 Milestone
15.11.2023
Promising layer-2 scaling solution ImmutableX has once again entered minor localized retracement following the latest rally push, with IMX price trading high, and a new Bitcoin cloud mining cryptocurrency has exploded to $4m raised in presale. The sudden downtick in price action has left...
XRP’s rollercoaster ride: Blackrock rumors stir market waves
15.11.2023
The past few months have been a rollercoaster ride for Ripple. Now, the crypto market is surrounded by rumors suggesting Blackrock’s involvement with XRP. Recently, the crypto circle was filled with news stating that Blackrock has filed for an XRP ETF. As expected, the stature of Blackrock stirred...
Gemini looks into ways to protect users against financial crime
15.11.2023
Gemini is continuously engaged in the process of identifying potential threats to the protection of user interests. With regard to protecting users against financial misdeeds within the cryptocurrency ecosystem, greater clarity is necessary, according to the group. They are currently concentrating...
Cardano Price Prediction as Fiery Trading Forecasts an 8800% Rise to $35 – Is This the Year for ADA’s Big Leap?
15.11.2023
Source: Dall•E 3 The Cardano price has barely moved in the past 24 hours, posting a 0.2% dip to $0.363808 on a day when the cryptocurrency market has fallen by 1.5% as a whole. This price means that ADA has risen by 2% in a week and by 44% in the last 30 days, with […]
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Auradine Unveils New Teraflux Miners Setting New Efficiency Benchmarks in Bitcoin Mining Industry
15.11.2023
While several leading mining rig manufacturers have introduced more efficient bitcoin miners measured in joules per terahash (J/T), Auradine, based in California, has announced the debut of its Teraflux AT2880 and AI3680 bitcoin miners. These new models feature efficiency rates ranging from 15...
OKX releases new zKEVM Layer-2 network ‘X1’ using Polygon CDK
15.11.2023
OKX recently announced the release of its new zkEVM layer-2 network, X1. The exchange has only launched a testnet of the network for now. The leading Web3 ecosystem collaborated with Polygon Labs to design the network. The secure and highly performant Ethereum-based ZK L2 network has been built...
Tornado Cash Users Appeal Court Ruling Backing Treasury Department’s Sanctions
15.11.2023
Source: Pixabay The plaintiffs in the case against the United States Treasury Department’s sanctions over the popular cryptocurrency mixer Tornado Cash are dissatisfied with the ruling of the court. A group of five Tornado cash users has filed an appeal against the judgment of the US District Court...
Spate of Robberies Targeting Swedish Bitcoiners Linked to the Country’s Unfit Privacy Laws
15.11.2023
A bitcoin-owning Swedish couple was recently the latest victim of robbers that appear to target prominent bitcoin and crypto personalities. One social media user said the spate of robberies may be linked to Sweden’s antiquated privacy laws which make it easy for criminals to obtain...
Okx Announces Compliance-Focused Expansion to Brazil
15.11.2023
Okx, one of the largest cryptocurrency exchanges, has announced it will expand to Brazil in the coming months to offer a regulated crypto platform to Brazilian customers. The exchange, which chose the country as its entry doorstep to Latam, aims to fulfill the regulatory requirements still being...
SEC’s FY 2023 Enforcement Actions Yield $5 Billion in Fines from Wall Street and Crypto Giants
15.11.2023
Source: Adobe/Kristina Blokhin The US Securities and Exchange Commission (SEC) has announced that its enforcement actions in fiscal year 2023 resulted in nearly $5 billion in fines and reimbursements to investors. In a Tuesday press release, the agency said it has targeted Wall Street brokerages...
40+ Countries Implementing International Crypto Reporting Framework
15.11.2023
Over 40 countries have agreed to implement the crypto reporting framework developed by the Organisation for Economic Co-operation and Development (OECD) as mandated by the G20. The widespread, consistent, and timely implementation of this crypto reporting framework “will further improve...
Robert Kiyosaki: Fiat Money Isn’t Safe, Investors Must Protect Themselves From Central Bankers
15.11.2023
Rich Dad Poor Dad author Robert Kiyosaki has cautioned that fiat money is not safe, emphasizing that central banks are buying gold to save themselves. He urged investors to safeguard themselves against central bankers and reiterated his advice to invest in gold, silver, and bitcoin. Is Fiat Money...
Kevin O’Leary Warns Spot Bitcoin ETF Approval Could Be 18 Months Away
15.11.2023
Shark Tank investor Kevin O’Leary, aka Mr. Wonderful, has cautioned that it could take another year and a half for the U.S. Securities and Exchange Commission (SEC) to approve a spot bitcoin exchange-traded fund (ETF). He emphasized that we will not see a spot bitcoin ETF in the U.S. until...