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Skybridge Founder Expects Bitcoin to Surpass $170,000 Next Year


Skybridge Capital founder Anthony Scaramucci expects bitcoin’s price to surge past $170,000 next year if the price of the cryptocurrency remains at the current level until the halving in April. He expects Bitcoin halving, as well as surging institutional demand for newly listed spot bitcoin...

Consolidating Crypto: The Unseen Power of Exchange Aggregators


The use of cryptocurrencies is growing with each change in the time of year. This led to the emergence of specialized services that allow users to exchange digital coins for other coins or fiat money. Similar to the traditional online exchangers of classical currencies, cryptocurrency services made...

Attempted Bitfinex Exploit for $15 Billion XRP Fails


Bitfinex’s security protocols came into the spotlight when a seemingly massive XRP transfer, initially causing alarm among crypto watchers, turned out to be a foiled exploit attempt. $15 Billion of XRP Transfer Attempt Fizzles Out A failed exploit attempt on cryptocurrency exchange Bitfinex...

Bitfinex blocks exploit as a massive transfer fails


Bitfinex has reportedly blocked a major exploit that could have drained half of its market capitalization. According to reports, the malicious actor intended to take away $15 billion worth of XRP tokens. The number comes to around 25.6 billion, which is half of the circulating supply. Bitfinex...

Bitget Launches $10M Fund to Support Female Led Startups in Web3


Cryptocurrency exchange Bitget has launched a new initiative dubbed the “Blockchain4Her” group which aims to support female-led businesses. It is no secret that the blockchain and Web3 sector has been historically male-dominated. Blockchain4Her will launch incubation programs tailored...

Digital Asset Exchange OKX Obtains Retail License in Dubai – Here’s More


Image Source: Adobe Cryptocurrency exchange OKX has received regulatory approval from Dubai’s financial authorities to offer retail virtual asset services to customers. In a statement on Jan 16, the company disclosed that its Dubai subsidiary has been granted a virtual asset service provider...

Cryptos Are “Not Exactly Money”: IMF Chief Kristalina Georgieva


Source: AdobeStock / Kristina Blokhin Kristalina Georgieva, managing director of the International Monetary Fund (IMF), does not see cryptos anywhere near the Dollar in stature. Despite the US SEC’s recent green light to a total of 11 spot Bitcoin exchange-traded funds (ETFs), Georgieva...

Gate.io joins the list of exchanges to enable Shibarium support


Ever since its launch, Shibarium has been making headlines every few weeks. The network registered millions of transactions in weeks alongside 1.3 million wallets. Now, the L2 network is gaining support across the crypto exchange industry. Gate.io, one of the biggest exchanges based on user base...

SEC Agrees to Postpone Terraform Labs Trial Pending Do Kwon’s Extradition


The U.S. Securities and Exchange Commission (SEC) has filed in agreement with Terraform Labs to postpone the civil trial against Do Kwon and his former company, amid ongoing extradition proceedings. According to Reuters, in its recent court filing in Manhattan federal court, the SEC has requested...

Pro Crypto Candidate Vivek Ramaswamy Drops Out of U.S Presidential Race


Pro crypto Republican presidential candidate Vivek Ramaswamy has suspended his campaign after securing a fourth-place finish in Iowa. Ramaswamy, who had pledged to streamline the Securities and Exchange Commission (SEC) and advocate for a clear crypto policy if elected, announced the suspension...

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