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Binance.US market share drops below 1% amid regulatory lawsuit: Report
5.7.2023
The U.S. market share of Binance.US has reportedly dropped amid a U.S. Securities and Exchange Commission lawsuit, while Coinbase's rose roughly 7% in June
Crypto user moves $160M Bitcoin from Luna Foundation Guard wallet: Report
5.7.2023
Blockchain data showed the wallet reportedly associated with LFG had a balance of roughly 6,983 BTC in October 2022, with transactions later moving funds to different addresses
Crypto hacks and exploits snatch over $300M in Q2 2023: Report
5.7.2023
While total year-over-year losses to hackers dropped 58%, BNB Chain saw 119 security incidents leading to losses of around $70 million, followed by Ethereum, with 55 incidents netting hackers over $65 million
Web3 Industry Losses Topped $656 Million in H1 of 2023 — Study
5.7.2023
Hackers stole about $471 million in the first six months of 2023 and the theft of $197 million from Euler Finance in March was the single biggest hacking incident in the period, the latest Beosin Web3 report has shown. Contract vulnerability was the most common (60) type of attack during the period...
Music with AI elements can win a Grammy, Recording Academy CEO says in report
5.7.2023
The CEO of the Recording Academy, known for its yearly Grammy awards, reportedly clarified that music with AI-created elements is eligible for award nominations
South Africa to mandate crypto exchange licenses by year-end: Report
5.7.2023
South Africa reportedly becomes the first country on the continent to require that digital asset exchanges secure licenses
CoinShares Report: Bitcoin Receives Major Investor Attention Amidst New Highs for 2023
4.7.2023
Bitcoin (BTC) remains the top target for institutional investors in the past two weeks as the market continues its uphill form this year.
A new report from CoinShares shows Bitcoin’s investment products have attracted $310 million in inflows over 14 days amid skepticism over the approval of...
Dappradar: Metaverse Projects Command 43.68% of the Web3 Investments in 2023
4.7.2023
While metaverse and virtual world projects have nosedived, a recent report of Dappradar, a Web3 tracking site, has revealed that venture capital firms have invested $707 million in these projects since the start of 2023. This means that, even when the metaverse narrative was substituted by meme...
Report: Revolut to Delist Polygon, Solana, and Cardano Amidst Evolving US Regulations
3.7.2023
According to a report published on Monday, the British fintech firm Revolut plans to delist the cryptocurrency assets polygon, solana, and cardano from its U.S.-based platform. Revolut cited evolving regulations in the United States, and users will need to sell the three tokens by September 18th....
Bitcoin, Ethereum Technical Analysis: ETH Nears $2,000, Ahead of US Independence Day
3.7.2023
Ethereum moved closer to $2,000 on Monday, as markets prepared for a short, but busy week of U.S. economic data. This is due to the fourth of July Independence Day celebrations, which will see some markets in the United States closed. Once reopened, the FOMC minutes, and non-farm payrolls report...
Report: Over $204 Million Lost to DeFi Hacks and Scams in Q2
3.7.2023
More than $204 million was lost in various hacks and scams in the decentralized finance (DeFi) space during the second quarter of 2023, a new report by crypto portfolio app De.Fi has found.
According to the report, the initial loss for the quarter was as high as $208.5 million before $4.5 million...
China-Africa Economic and Trade Expo Aims to Defy Western ‘Debt Trap’ Accusations, Generating $19 Billion in Trade Deals
2.7.2023
According to a report from the third annual China-Africa Economic and Trade Expo, Africa and China are continuing to strengthen their long-term trade ties. China wants to be one of Africa’s largest trading partners, and reports revealed on Friday that this year’s expo is expected...
Africa’s Crypto Market Grew by 1,200% Between 2020 and 2021 — Study
1.7.2023
Between the years 2020 and 2021, Africa’s cryptocurrency market grew by more than 1,200% while Kenya, Nigeria, South Africa, and Tanzania now all feature in the global top 20 for crypto adoption, according to the latest Emurgo State of Web 3.0 in Africa report. Africa’s Share of Global...
Binance Reportedly Denied Crypto License in Germany
1.7.2023
Germany’s financial regulator has refused to grant Binance a crypto custody license, according to a media report. A rejection would prevent the exchange from advertising and growing in the major European market and deal another blow to its efforts to do regulated business on the Old Continent....
$656M lost from crypto hacks, scams, and rug pulls in H12023: Report
30.6.2023
Approximately $215 million of stolen assets have since been recovered
Insiders Say SEC Deems Blackrock’s Spot Bitcoin ETF and Other Applications as Inadequate
30.6.2023
According to a report citing “people familiar with the matter,” the U.S. Securities and Exchange Commission has allegedly informed Nasdaq and Cboe that Blackrock’s registration for a bitcoin exchange-traded fund (ETF) and the multitude of other spot bitcoin ETF applications currently...
Biggest Movers: LTC, BCH Surge 20% Higher on Friday
30.6.2023
Litecoin surged by as much as 20% in today’s session, as bulls took the token to its highest level since April. The move came prior to the latest consumer sentiment report from the U.S, which rose to a reading of 64.4. Bitcoin cash climbed to its highest point since April 2022. Litecoin...
US SEC deems spot Bitcoin ETFs filings as inadequate: Report
30.6.2023
In the eyes of the SEC, the recent filings from BlackRock, ARK Invest, Fidelity and other asset managers are not "sufficiently clear and comprehensive."
Bitcoin Tumbles on Report of SEC Saying Spot BTC ETF Filings Inadequate
30.6.2023
Spot bitcoin ETF applications from BlackRock and Fidelity, among others, had helped drive bitcoin higher over the past two weeks
Bitcoin, Ethereum Technical Analysis: BTC Remains in the Green, Ahead of US Consumer Sentiment Report
30.6.2023
Bitcoin remained close to the $31,000 level on Friday, as momentum in the market continued to be bullish heading into the weekend. This comes ahead of the anticipated consumer sentiment report from the United States, which is expected to show an increase in overall consumer confidence. Ethereum...