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Countdown to Bitcoin’s Fourth Halving: A Shift in the Crypto Economy Looms
3.2.2024
At the time of writing, we are now less than 80 days away from Bitcoin’s fourth halving event, where the block reward will decrease from 6.25 bitcoins per block to 3.125 bitcoins per block post-halving. As is customary, market expectations have swelled, fueling speculation about whether...
New Solana rival valued at $0.1 targets $18 in 2024, a more affordable and profitable investment opportunity over SOL
3.2.2024
The world of cryptocurrency is no stranger to innovation and disruption, and 2024 is poised to bring us a compelling new player in the form of Retik Finance. Often described as the “Ethereum killer,” Solana (SOL) has long been a dominant force in the crypto sphere. But now, with...
Grayscale’s GBTC Bitcoin Holdings: A $6 Billion Exodus in 22 Days
3.2.2024
According to data, Grayscale’s Bitcoin Trust, GBTC, recently released another batch of bitcoin valued at $184.19 million. GBTC’s holdings decreased from 482,592.18 bitcoin to the current 478,337.43 bitcoin in just one day, marking a reduction of 4,254.75 coins. Since Jan. 12, 2024...
Binance Freezes $4.2 Million in Stolen XRP; Ripple Investigation Aided by XRP Ledger Foundation
3.2.2024
After the unauthorized access of Ripple co-founder Chris Larsen’s personal holdings, Binance CEO Richard Teng revealed that the platform had successfully “managed to freeze $4.2 million” of the compromised assets. Teng elaborated that Binance is committed...
Bitfinex Securities Launches in El Salvador
3.2.2024
Bitfinex has launched Bitfinex Securities El Salvador S.A. de C.V., its securities tokenization services company in the country. The exchange, one of the first regulated digital asset service providers in El Salvador, expects its proposal to be well-received among potential customers and...
Larry David Reflects on Super Bowl FTX Ad: ‘Like an Idiot, I Did It’
3.2.2024
At the premiere of “Curb Your Enthusiasm’s” final season, Larry David expressed remorse for his participation in a Super Bowl commercial for FTX, reflecting on the decision as misguided after the cryptocurrency exchange’s bankruptcy. Larry David Admits Regret Over FTX Super...
Bitcoin Price Prediction as BTC Pumps Past $43,000 Resistance – $50,000 BTC Incoming?
3.2.2024
Bitcoin Price Prediction Amid evolving cryptocurrency landscapes, BTC’s ascent beyond the $43,000 threshold, marking around 0.20% uptick, fuels bitcoin price predictions of its advance towards $50,000. This momentum coincides with US legislators scrutinizing the SEC’s cryptocurrency...
Britain’s Former Finance Minister George Osborne Joins Coinbase’s Global Advisory Council
3.2.2024
Britain’s former chancellor of the exchequer, George Osborne, joins Coinbase’s global advisory council. Osborne becomes the latest high-profile politician to join the crypto exchange’s advisory council. The former finance minister has said he is looking forward to working with...
Polygon Labs Trims Staff by 19% ‘for the Sake of Enhanced Performance’
3.2.2024
As part of its strategy to recalibrate and enhance operational performance, Polygon Labs will be reducing its workforce by 60, marking a 19% cut. This decision, shared by CEO Marc Boiron, aims at maintaining a lean and efficient team. Polygon Labs to Lay off 60 Employees in Bid to Return to Core...
SEC Charges American Bitcoin Academy Founder With Fraud That Cost Students $1.2 Million
3.2.2024
The U.S. Securities and Exchange Commission (SEC) has charged the founder of American Bitcoin Academy, accusing him of running an online fraudulent crypto scheme that cost students $1.2 million. The defendant “falsely claimed that his investment strategies would be guided by his...
EU Regulator Proposes Stricter Rules for Foreign Crypto Firms
3.2.2024
The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator, has proposed stricter rules for crypto firms based outside the EU, limiting their ability to directly serve customers within the bloc to ensure fair competition. ESMA Proposes Stricter Rules for Non-EU...
Solana Price Prediction as Crypto Billionaire Arthur Hayes Says It’s Time to ‘Get Back on the Solana Train’
3.2.2024
Solana (SOL) price predictions are turning increasingly bullish, with the cryptocurrency still substantially below its December peaks, but with chart analysis hinting at upside price risks and widely followed crypto personality Arthur Hayes commenting that it may be time to “get back on the Solana...
Singapore Police Warn About ‘Crypto Drainers’ Stealing Cryptocurrencies From Wallets
3.2.2024
Singapore’s Police Force and Cyber Security Agency (CSA) have issued a joint warning about “crypto drainer” malware, which steals cryptocurrencies from wallets. As digital assets become more popular, “Cybercriminals are increasingly leveraging crypto drainers to target...
Project Mbridge Reaches Milestone: First Digital Dirham Cross-Border Settlement Goes Through
3.2.2024
The first cross-border digital dirham payment was completed by Sheikh Mansour Bin Zayed Al Nahyan, Chairman of the Board of the Central Bank of the UAE, using the Mbridge platform, a central bank digital currency (CBDC) liquidity and interconnection tool. The settlement involved sending 50 million...
Best Crypto to Buy Today Feb 2 – ROSE, PENDLE, FLR
2.2.2024
With blue-chip cryptocurrency markets choppy on Friday following the release of a bumper US jobs reports that saw macro traders pare back on Fed rate cut bets, Oasis Network (ROSE), Pendle (PENDLE) and Flare (FLR) are the best performers, making them the likely best crypto to buy today. Bitcoin...
Genesis Settles SEC Lawsuit for $21 Million Over Unregistered Securities
2.2.2024
Facing charges from the SEC over its crypto lending practices, Genesis has agreed to a $21 million settlement. This move aims to close a chapter of legal challenges following the company’s bankruptcy filing last year amid a wider crypto market collapse. Genesis Strikes $21 Million Deal With SEC...
Biggest Crypto Gainers Today on Uniswap – DORK, GME, BEBE
2.2.2024
With blue-chip cryptocurrency markets choppy on Friday following the release of a bumper US jobs reports that saw macro traders pare back on Fed rate cut bets, $DORK, $GME and $BEBE are the biggest crypto gainers today on decentralized exchange Uniswap. Bitcoin (BTC) swung either side of $43,000...
Supreme Court Ruling Bolsters Australian FTX Creditors’ Prospects for Full Recovery
2.2.2024
The prospects of Australian creditors of the crypto exchange FTX getting all their money back recently received a boost after a judge ruled that only those who initiated Australian dollar withdrawal requests are entitled to a share of the $26 million recovered. Australian investors with...
Thailand’s SEC Orders Zipmex to Suspend Trading and Brokerage Services
2.2.2024
Thailand’s Securities and Exchange Commission instructed cryptocurrency exchange Zipmex to temporarily suspend its digital asset trading and brokerage services beginning February 2. In a February 1 announcement, the SEC said that Zipmex has been given a 15-day period to fix its financial position...
Binance Freezes $4.2M in XRP Linked to $112M Ripple Hack
2.2.2024
Cryptocurrency exchange Binance has frozen $4.2 million worth of XRP in connection with the $112 million hack on Ripple co-founder Chris Larsen’s wallet on January 31. This incident is currently the most significant hack of 2024. In response to the exploit, XRP Ledger developers promptly...