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LTC shatters milestone ahead of halving event; discover why whales flock to DigiToads presale
22.7.2023
Litecoin (LTC) has achieved a significant milestone of processing over 170 million transactions. This was accomplished right before the halving event, where miners’ rewards were reduced due to the limited supply of LTC. This achievement has caught the attention of crypto investors as they...
Ripple applies for crypto license in the United Kingdom
22.7.2023
Ripple applied for a registration as a crypto asset firm with the United Kingdom's Financial Conduct Authority (FCA) after its partial win against the U.S. SEC
Canadian Police Warn of Surge in Home Invasion-Style Robberies Targeting Affluent Crypto Investors
22.7.2023
Canadian law enforcement reports that affluent cryptocurrency investors have become targets of home invasion-style robberies. Both Delta Police and Royal Canadian Mounted Police in Richmond have issued warnings after having dealt with multiple robberies involving prominent cryptocurrency investors...
Ethereum Targets $2,000 Bounce: Santiment Predicts August Rally Amid ‘Eerily Quiet’ Market
22.7.2023
Nestled in the second position of the cryptocurrency market cap hierarchy, ethereum (ETH) currently trades below the $1,900 per unit mark. However, the industry experts at Santiment predict a bullish upturn, indicating that the digital asset might claw its way back to the $2,000 territory in...
Biggest Movers: TRX Surges to 20-Month High on Saturday
22.7.2023
Tron was one of the notable movers on Saturday, as the token broke out of a key resistance level to start the weekend. The move came as the global crypto market cap mostly consolidated during Saturday’s session. Stellar was another exception, as the token rebounded from yesterday’s...
COCKFIGHTS Price Pumps 20,000% in 24 Hours But Experts Are Accumulating WSM for the Next Crypto to Explode - Here’s Why
22.7.2023
A tokenized billion-dollar cockfighting event, COCKFIGHTS, is hitting the airwaves of the crypto market.
Launched barely a week ago, it has garnered a 20,000% increase in the last 24 hours, hitting a record high of $0.2051 within a very short period.
However, amidst this meteoric rise, concern...
Ripple CLO Stuart Alderoty States SEC Chair Gary Gensler ‘Misstates the Law’ on Tokens
22.7.2023
Stuart Alderoty, CLO of Ripple, a cryptocurrency and payments services company, railed against the statements of U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler given in a recent congressional hearing. Alderoty criticized the stance taken by Gensler, stating that...
Bulls Extending Gains, Celsius Liquidating Millions, Binance Lightnin’n’Burnin and 20 Crypto Jokes
22.7.2023
Read More: Bulls Extending Gains, Celsius Liquidating Millions, Binance Lightnin’n’Burnin and 20 Crypto Jokes
Bitcoin ETFs Can ‘Act as a Gateway to Crypto for Many’ — Mintlayer CEO Enrico Rubboli
22.7.2023
According to Enrico Rubboli, the CEO of Mintlayer, Bitcoin exchange-traded funds (ETFs) can potentially act as “a gateway to crypto” for users who are likely to eventually show greater interest in the underlying asset. Rubboli argued that while bitcoin maximalists may view Blackrock...
Nigerian social payments app shuts down crypto exchange services
22.7.2023
The company cited that it will cease operations of its exchange services as part of the shareholders' decision to restructure the business to focus on Cashlink
FTX Sues SBF, Former Execs to Recover Over $1 Billion
22.7.2023
Crypto exchange FTX is trying to regain $1 billion in a lawsuit against founder Sam Bankman-Fried (SBF) and some former executives. FTX’s new management argues the funds were misappropriated through dubious deals and transactions made before the coin trading platform went bankrupt last fall. Failed...
SEC Asks for Increased Funding to Tackle Crypto Market Risks and Wrongdoing
22.7.2023
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has asked Congress for more funding for his agency to address “risks in the crypto markets.” In a Senate hearing, he stressed: “We’ve seen the Wild West of the crypto markets, rife with noncompliance...
Web3 Utility Coin LPX Secures $1.1 Million in Funding for Its New Trading Alpha Platform – Here's What You Need to Know
22.7.2023
The cryptocurrency market is chock-full of contenders competing for attention beyond the shadow of Bitcoin. Among the array of projects, some provide real utility, functioning as more than just a digital asset or currency. Utility coin LPX, associated with the blockchain startup Launchpad XYZ,...
ASIC Manufacturer Bitmain Unveils $38K Filecoin Mining Rig
22.7.2023
Bitmain, the mining rig manufacturer, has announced the launch of a new rig that mines the digital currency filecoin (FIL). Similar to the company’s KAS Miner KS3, the new FIL miner carries a hefty price tag of $38,888 per machine. Bitmain Introduces On-Rack Filecoin Miner Bitmain announced...
GMX Price Prediction as GMX Slumps 6.5% - Here’s Where the DEX Token Could Be Headed Next
22.7.2023
GMX, the governance and utility token that powers GMX, an Arbitrum-based decentralized exchange (DEX) for trading perpetual cryptocurrency futures with leverage, has tanked around 6.5% in the last 24 hours, as per CoinGecko.
That makes gives it the unwelcome crown of being the worst-performing...
Crypto Biz: Binance slashes costs, Ripple ready for US banks and crypto VCs return
21.7.2023
This week’s Crypto Biz looks at Binance’s ongoing efforts to curb declining profits, Ripple’s expectation that U.S. banks may soon adopt XRP and the first signs of venture capital returning to crypto
Best Crypto to Buy Now 21 July – Chainlink, Compound, Stellar
21.7.2023
Bitcoin and the broader cryptocurrency market are experiencing a slump today, adding further pressure to an already tense market sentiment.
Despite reaching a 13-month high of almost $31,700 last week, Bitcoin's momentum has been dwindling since, with its price consistently falling below...
NY Couple to Forfeit Billions in Crypto and Cash in Plea Deal Over Bitfinex Hack Laundering Case
21.7.2023
Ilya Lichtenstein and Heather Morgan, the New York-based couple implicated in the alleged laundering of $4.5 billion in bitcoin pilfered from the 2016 Bitfinex cyber-attack, have reached a plea bargain, as revealed by recent court records. The pair is scheduled to appear before U.S. judge Colleen...
Massive Crypto Adoption Ahead: Jesse Pollak of Coinbase Expects 8 Billion On-Chain
21.7.2023
As many as 8 billion people will become crypto and blockchain users over the next decade, according to Coinbase protocols lead Jesse Pollak.
Speaking with Decrypt during the EthCC conference in Paris on Wednesday, Pollak said that although crypto adoption has grown rapidly in recent years, there...
Crypto Trading Platform Bitget Expands to the Middle East, Opens Dubai Office
21.7.2023
Cryptocurrency exchange Bitget is set to expand its operations to the Middle East, with plans to hire up to 60 new staff members in the region.
In a Thursday press release, Bitget revealed that it has opened an office in downtown Dubai to support its expansion, and is also exploring opportunities...