Search
Kucoin’s Legal Woes Spark Massive $1.7 Billion Withdrawal, Onchain Data Reveals
27.3.2024
After the Kucoin indictment on Tuesday, subsequent onchain data from Nansen indicates that, to date, $1.7 billion in funds have been withdrawn from the exchange. Crypto Assets Worth $1.7 Billion Pulled From Kucoin Since the Department of Justice (DOJ) accused Kucoin and its founders of breaching...
Legal Woes of Former Binance CEO Spotlight Trust Issues in the Crypto Industry
27.2.2024
On February 25, renowned crypto attorney Steven Nerayoff has expressed concerns that the legal challenges faced by former Binance CEO and founder Changpeng Zhao could cast a shadow over the crypto industry.
The post Legal Woes of Former Binance CEO Spotlight Trust Issues in the Crypto Industry...
Leading Privacy Crypto Monero Bounces Back: XMR Surges 25%, Defying Delisting Woes
7.2.2024
After the leading privacy crypto token monero experienced a substantial 32% price decline on Tuesday, the coin’s value swiftly saw recovery the next day, surging by 25% within the last 24 hours. Binance, Kraken, and Kucoin are witnessing significant activity in monero’s daily trading...
Belarus Sanctions ‘Antidote?’ Minsk Confirms ‘Blockchain-powered CBDC’ Launch
7.2.2024
Minsk is looking for ways to end Belarus’ sanctions woes, with its central bank confirming the planned launch of a blockchain-powered CBDC. Per Sputnik Belarus, the National Bank of Belarus (NBB) is keen to make use of smart contract technology. A spokesperson told reporters on February 3: “We plan...
‘Quantum Cats’ Launch Faces Technical Glitches, Taproot Wizards Postpones NFT Sale
30.1.2024
“Quantum Cats” Bitcoin NFTs was marred by technical issues, forcing the company to postpone the sale. Despite an initially successful minting of nearly 1,000 cats, server overload led to an unexpected delay, causing frustration among eager buyers. ‘Quantum Cats’ Bitcoin...
China's Currency Woes to Weigh on Bitcoin: Crypto Observer
22.1.2024
Measures taken by the People's Bank of China to cushion yuan against the stock market slide could weigh over bitcoin's price
UK Finance Ministry to Discuss Crypto Banking Woes With Lawmakers
19.12.2023
Finance Minister Jeremy Hunt said U.K., and London in particular, has become "the global crypto hub."
Bitcoin price fails $38.5K breakout as US GDP fuels Fed hard landing woes
29.11.2023
BTC price encounters classic resistance as sellers refuse to let Bitcoin crack through its November ceiling
Exchange Token FTT’s 200% Spike in 2 Weeks Defies Bankruptcy and Bankman-Fried’s Fraud Conviction Woes
19.11.2023
FTT, the exchange token launched by the now defunct cryptocurrency trading platform FTX, has experienced a significant 200% surge in value over the past two weeks, surpassing the $3 per unit mark. Ranking as the fifth largest exchange coin in terms of market capitalization, FTT stands below...
Bitcoin Transaction Fees Skyrocket, Reaching Second Highest Point of 2023 Amidst Backlog Woes
17.11.2023
On Thursday, November 16, 2023, Bitcoin saw its average transaction fees peak at $18.69 per transfer, marking a high of 0.00051 BTC. This surge represented the second-largest increase in 2023. However, the following day saw a reduction in onchain fees. Despite this, as of 8:13 a.m. Eastern Time...
Solana's SOL Rallies 20% in a Day, Erasing Woes of Past 18 Months
10.11.2023
Convicted Sam Bankman-Fried’s Legal Battles Rage On Amidst SEC, CFTC Charges, and Class Action Fury
8.11.2023
Sam Bankman-Fried was convicted on all charges in the Department of Justice’s fraud case against the ex-FTX chief, but his legal woes are far from over. He is also under pressure from the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), which have...
Bitcoin Price Prediction: BTC Stabilizes Near $35,000 Amid SEC Hiring Woes & Rising Fees
7.11.2023
As the digital currency market continues to evolve, Bitcoin faces a new set of challenges and endorsements. Currently priced at $34,901, Bitcoin has seen a slight decline of 0.25% as of Tuesday. The US Securities and Exchange Commission is grappling with its own set of issues, particularly...
Bitcoin Price Prediction: Kiyosaki Eyes $135K BTC Amid USD Woes & Saylor's Success
23.10.2023
As the Bitcoin market continues its unpredictable journey, notable figures and events hint at potential future movements. Currently trading at $30,377, Bitcoin is witnessing a modest rise of 1.50% this Monday.
However, a backdrop of a weakening US dollar, as pointed out by economist Peter...
Stock markets across Asia and Europe bleed red as interest rate woes returns
13.10.2023
Chinese economic woes dragged down Asian markets while interest rate woes caused a bearish tumble in Europe
Bitmain Halts Employee Salaries Amid Financial Woes, Report
11.10.2023
Mining hardware manufacturer Bitmain has temporarily suspended salary payments to its employees, a media report has revealed. News of the move comes along with information suggesting that the crypto giant is experiencing financial difficulties with poor results from its operations. Antminer Maker...
Bitmain Addresses Cash Flow Woes, Pays Delayed September Salaries
10.10.2023
China-based Bitcoin (BTC) mining machine manufacturer Bitmain has resolved a recent salary delay issue by finally paying its employees for the month of September.
This move comes after Bitmain issued an internal notice on October 3, informing its staff of the delay in salary payments for that...
Chia Network Faces IPO Setback, Lays Off 26 Workers – Bear Market Woes Continue?
3.10.2023
The bear has claimed more victims: blockchain and smart-contract platform Chia Network announced today that it has fired nearly 30 of its staff, at the time the company is making moves to go public in the US.
According to the post on the project's Twitter account, Chia has "eliminated...
Tether Calls Out WSJ ‘Tabloid Style’ Reporting, States Outlet ‘Disregarded’ Reporting Banking Industry Woes
22.9.2023
Tether, the company behind the issuance of USDT, the largest stablecoin in the crypto market, has called out the latest report of the Wall Street Journal (WSJ) on the rise of its loan portfolio. The company stated that traditional banking institutions were “not addressing the needs of their...
JPEX staff flee event as scandal hits, Mt. Gox woes, Diners Club crypto: Asia Express
22.9.2023
JPEX staff forced to flee Token2049 after execs arrested, Mt Gox repayment delay stretches 10 years, Diners Club goes Web3 in Singapore