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Tether’s bank partner Britannia sued over $1B deposit — Report
21.11.2023
Tether’s bank partner Britannia is reportedly facing a lawsuit over claims it failed to pay the full price of revenue-generating assets allegedly related to a deposit from Tether
Tether’s $1 Billion Deposit With Britannia Financial Subsidary At Center of Legal Battle in London’s High Court
21.11.2023
Source: Adobe/Jim Tether’s deposit of over $1 billion with a financial services firm has come under scrutiny in London’s High Court. According to a Tuesday report from The Financial Times, Tether’s funds were deposited with a subsidiary of investment bank Britannia Financial...
Dogecoin Price Prediction as $1 Billion Trading Volume Comes In – Are Whales Buying the Dip?
21.11.2023
The Dogecoin price has dropped by 5% in the past 24 hours, slipping to $0.077208 as the cryptocurrency market as a whole barely moves today. Despite the dip, DOGE has risen by 2.5% in the past week and by 27% in the last 30 days, with the meme token up by 10% since the beginning […]
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BNB Records Uptick Following Reports of Potential $4 Billion Settlement With the DOJ
21.11.2023
Source: AdobeStock / akif BNB has surged over 7% in the last 24 hours after reports of Binance being involved in a potential $4 billion settlement with the United States Department of Justice (DOJ). The recent rise in the Binance-based token marks its highest point since June after the price moved...
Security firm dWallet Labs flags validator vulnerability that could affect $1B in crypto
21.11.2023
Validator service provider InfStones disagreed and told Cointelegraph that “nothing close to $1 billion in assets would be at risk,” even in the worst-case scenario
Chinese Police Bust $140 Million Crypto Money Laundering Ring
21.11.2023
Source: Pexels China’s law enforcement agency in Wuhan arrested 27 individuals involved in a sophisticated crypto money laundering and crime operation involving 1 billion yuan, approximately $140 million. The arrests were made in provinces and cities such as Deyang in Sichuan, Changchun in Jilin...
Top Global Banks Reveal $10.27 Billion in Crypto, XRP Among Top Investment
21.11.2023
Source: Adobe Major global central banks, spanning Europe, North America, and other regions, have revealed a significant investment in crypto, with XRP emerging as a preferred digital asset. According to the Basel Committee on Banking Supervision (BCBS), a global regulatory authority on banks,...
Binance Faces $4 Billion Demand From US Justice Department to Settle Criminal Case: Report
21.11.2023
Cryptocurrency exchange Binance is reportedly facing a $4 billion demand from the U.S. Department of Justice (DOJ) in order to settle a criminal case. The Justice Department has been investigating Binance on allegations related to money laundering, bank fraud, and sanctions violations. US DOJ Wants...
$100 Billion in TradFi Capital Awaits Imminent Bitcoin ETF Green Light, Says Bloomberg Analysts
20.11.2023
Bloomberg analysts forecast $100 billion ready to invest in a Bitcoin ETF upon SEC approval. Image by Parradee, Adobe Stock. A spot Bitcoin exchange-traded fund (ETF) could rapidly become a $100 billion market, according to new projections by analysts at Bloomberg Intelligence. This prediction...
US Justice Dept. is reportedly ready to settle with Binance for $4 billion
20.11.2023
According to a report, an agreement to settle Justice Department charges against the company may be settled by the end of the month
Crypto Markets Chop as Reports Emerge That US DoJ Wants Over $4 Billion From Binance to Settle Yearlong Investigation – Here’s The Latest
20.11.2023
Binance Logo / Source: Adobe The US Department of Justice (DoJ) is seeking a settlement of more than $4 billion from the world’s largest crypto exchange Binance as a proposed resolution to a yearlong investigation into the exchange, Bloomberg reported on Monday citing people familiar with...
Ethereum Exchange Outflows Exceed $1 Billion in 3 Weeks, IntoTheBlock Reports
20.11.2023
Ethereum sees significant exchange outflows as investors potentially eye long-term holds. Image by Dennis, Adobe Stock. A torrent of Ethereum has flowed out of centralized crypto exchanges and into private wallets over the past several weeks. ETH recorded $320M in exchange outflows this week,...
Today in Crypto: Investor Interest in Crypto Startups is Low in 2023, Credefi Finance Integrates with XRP Ledger
20.11.2023
Source: a video screenshot, XRP Ledger Foundation / YouTube Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Investment news Crypto startups have raised $2.1 billion year-to-date, or nearly...
Ethereum Technical Analysis: ETH Breaks $2,000 Barrier Amid Positive Trading Outlook
20.11.2023
On Monday, ethereum (ETH) showcased an impressive bullish pattern, with its value reaching a peak of $2,041 as of November 20, 2023. Ranking as the second most prominent cryptocurrency with a market capitalization of $242 billion, it continues to draw substantial trading activity, totaling $15.33...
Bitcoin Technical Analysis: BTC Holds Above $37K With Tense Market Equilibrium
20.11.2023
On Monday, November 20, 2023, bitcoin (BTC) is navigating slightly above the $37K mark, kicking off the week. Over the last day, BTC’s price has fluctuated from $36,441 to $37,516 per unit. Currently, bitcoin trades are generating a global trading volume of $15.55 billion. Bitcoin In...
Defi’s 30-Day Rise — TVL Increases by $9.3 Billion With Rocket Pool Leading the Pack
20.11.2023
Since October 18, 2023, the aggregate value locked in decentralized finance (defi) has witnessed a substantial augmentation of $9.3 billion within a one-month span. Among the leading ten defi protocols, Rocket Pool, known for its liquid staking services, achieved the most notable growth, soaring...
Thorchain Rises to Third in Decentralized Exchange Rankings, Hits $1.8B Weekly Trade Volume
19.11.2023
In the past week, trading activity on the decentralized exchange (dex) Thorchain has experienced a significant surge, reaching $1.854 billion in trade volume. Data shows that Thorchain is currently the third-largest dex in terms of volume, following the popular dex protocols Uniswap...
AI-Driven Crypto Market Rebounds Back to $3 Billion Amid Surge in Leading Tokens
18.11.2023
In the early months of 2023, the AI-driven crypto market soared, reaching a peak of over $4 billion. Yet, by the end of July, this sector experienced a notable decline, dropping to $2.6 billion. Despite this downturn, the last three months have witnessed a recovery in the AI-focused crypto...
Jupiter to Roll Out First Phase of Major Airdrop: 1 Billion JUP Tokens to Reward 955,000 Solana Wallets
17.11.2023
The decentralized exchange (dex) Jupiter has unveiled specifics regarding the distribution of the first 10% tranche of its community airdrop, encompassing 1 billion jupiter (JUP) tokens from a total pool of 10 billion. This initiative is designed to honor 955,000 distinct Solana wallets that...
JPMorgan Says JPM Coin Could Handle $10 Billion in Daily Transactions Next Year
17.11.2023
Global investment bank JPMorgan expects its digital currency, JPM coin, to “start taking off.” The bank says JPM coin could handle $10 billion in daily transactions in the next year or two, according to its global head of financial institution payments. He emphasized that JPM coin...