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Coinbase Turns the Tide: Q3 Earnings Show Net Profit Amid Crypto Market Slump
3.11.2023
In the third quarter, Coinbase outperformed expectations despite the extended crypto market slump by recording favorable net income and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA). In their most recent shareholder letter, the publicly-traded cryptocurrency...
SafeMoon addresses recent exploits amid SEC charges
3.11.2023
SafeMoon says it is closely examining the recent developments and will work to resolve the situation promptly
SEC’s Legal Defeats Stockpile Concerning: Ripple Legal Chief
2.11.2023
A growing stockpile of legal defeats suffered by the US Securities and Exchange Commission (SEC) has garnered widespread attention. One notable observer is Ripple’s Chief Legal Officer Stuart Alderoty, who has expressed concern over this trend. In a recent tweet on X (formerly Twitter)...
Elon Musk Criticizes NFTs on Joe Rogan Podcast, Delighting Bitcoin Enthusiasts
2.11.2023
Tesla chief, X owner, and well-known Dogecoin (DOGE) proponent Elon Musk has taken a swipe at non-fungible tokens (NFTs), and his comments have resonated with Bitcoin (BTC) enthusiasts. During a recent appearance on the “Joe Rogan Experience” podcast, Musk criticized the notion that...
MicroStrategy Acquires Additional 155 Bitcoin Worth $5.3 Million in October
2.11.2023
The prominent business intelligence and software company MicroStrategy reaffirmed its unwavering dedication to Bitcoin with the recent acquisition of an additional 155 BTC at a total cost of $5.3 million. On November 1, MicroStrategy’s chairman and founder, Michael Saylor, revealed that...
Turkey Aims to Leave FATF Grey List with Proposed Crypto Asset Legislation
1.11.2023
Turkey is taking steps to toughen its crypto regulations in an effort to convince the Financial Action Task Force (FATF), an international financial crime watchdog, to remove it from the “grey list” of countries that have not done enough to combat money laundering and terrorist...
Institutional Firms Projects Ether As Crypto with The Biggest Growth Outlook: Survey
1.11.2023
Global wealth fund managers have backed Ethereum (ETH) as the asset with the highest growth projection despite a slow price increase in recent months, a new survey shows. A new CoinShares Digital Asset Quarterly Fund survey shows an analysis of market-related activities, regulation,...
BitGo Secures Digital Asset Custody License in Germany
1.11.2023
Digital assets custody firm BitGo has obtained a cryptocurrency custody license from the German Federal Financial Supervisory Authority (BaFin). According to a recent press release, the cryptocurrency firm has been granted a full license in Germany following years of operations in the country...
Attacker Exploits Rounding Issue to Steal $2.1 Million From Onyx Protocol
1.11.2023
DeFi project Onyx Protocol has fallen victim to a security breach, losing more than $2 million worth of crypto assets. According to a recent post by blockchain security firm Polyzoa, the attacker exploited a rounding issue within the Onyx Protocol to steal $2.1 million worth of funds from...
Metamask and Blockaid Unite to Fortify Web3 Security With Security Alerts
1.11.2023
In a recent development, Metamask, a self-custody Web3 platform developed by Consensys, has partnered with Blockaid, a Web3 security provider. The collaboration aims to integrate security alerts within the Metamask extension in order to enhance the platform’s security features. Metamask...
White House’s AI Safety Order Leads to Slide for AI Tokens
1.11.2023
President Joe Biden’s recent Executive Order on the Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence has impacted the cryptocurrency market, with AI-related tokens dipping in value. The White House’s Executive Order introduces a regulation framework...
Floki Meme Coin Accuses Crypto Exchange Bitget of Listing Fake TokenFi Token and “Deceptively” Trading Millions in Volume
31.10.2023
Popular meme coinFloki has accused Bitget of listing a fake version of the TokenFi token and engaging in deceptive trading practices. On October 18, Floki initiated a DAO proposal to launch the Floki staking program and a reward token aimed at targeting the trillion-dollar tokenization industry...
Biggest Crypto Gainers Today on DEXTools – GMAC, TIA, TRUMP
31.10.2023
Major blue-chip cryptocurrencies are consolidating within recent intra-day ranges as traders keep their powder dry ahead of Wednesday’s key US Federal Reserve policy announcement. Bitcoin (BTC) was last moving sideways in the $34,200s, around the mid-point of its recent $33,400-$35,200ish...
Spain Moves to Adopt MiCA Six Months Before Deadline, Cites Investor Protection: Here’s More
31.10.2023
Spain has unveiled plans to reduce the transition period before the application of the Markets in Crypto Assets (MiCA) regulation. A recent publication from the government shows a meeting with the first vice president Nadia Calvino and Verena Ross, the President of the European Securities...
Vanguard Has No Plans to Join Asset Management Rivals in Pursuing Bitcoin ETFs: CEO Tim Buckley
31.10.2023
Asset management firm Vanguard has revealed that it will not be joining its competitors in pursuing a spot Bitcoin exchange-traded fund (ETF). While rivals like BlackRock and Fidelity have pending applications for Bitcoin ETFs, Vanguard CEO Tim Buckley stated in a recent interview with CNBC that...
Bank of Spain Report: Most Spaniards Don’t Want Digital Euro, 65% Would Not Use It
30.10.2023
A recent report issued by the Bank of Spain that inquires about how Spaniards use cash for payments has revealed the low degree of confidence they have in a hypothetical digital euro. 65% of the citizens surveyed reported that they would not use the digital euro as they feel comfortable with...
Market Watchers Are Focusing on This Under-the-Radar AI Crypto Signals Platform – Here’s Why
30.10.2023
As AI and cryptocurrency continue to make headlines individually, a new synergy between these two technological phenomena is capturing the attention of both market analysts and a wider demographic. Recent moves by technology behemoths like Microsoft have ignited heightened interest in the fusion...
Steve Aoki Launches Exclusive Digital Sneakers as NFTs on Stepn’s Move-to-Earn Platform
30.10.2023
Steve Aoki and Stepn collaborate to release a limited series of NFT digital sneakers. Image by GulyaevStudio, Adobe Stock.In a recent collaboration that brings together the entertainment industry and cryptocurrency, electronic musician and NFT creator Steve Aoki has teamed up with the mobile...
Crypto Exchanges Face Historic Liquidity Crunch Ahead of Bitcoin Halving
30.10.2023
About 60,000 bitcoins valued at just over $2 billion were removed from trading platforms in the past 90 days. The number of bitcoins on centralized exchanges is slightly more than 2 million. A recent report from Falconx says swings in the market have been exacerbated by a persistent lack...
Digital Asset Investment Products Register Record $326M in Inflows, Led by Bitcoin and Solana
30.10.2023
Digital asset investment funds saw a record $326 million in net outflows last week, marking the largest single week of inflows since July 2022. According to a recent report by CoinShares, the surge in investor interest can be attributed to growing optimism surrounding the potential approval of...