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UAE’s Bitcoin Mining Firm Phoenix Group Secures $370 Million in Oversubscribed IPO
24.11.2023
The United Arab Emirates (UAE) is making its entry into the bitcoin mining sector. In a recent declaration by Phoenix Group PLC, a bitcoin mining enterprise, it was revealed that the company successfully garnered $370 million through an initial public offering (IPO) that was highly sought after...
Nansen Users Swamped With Phishing Emails After Data Leak
24.11.2023
Source: Pixabay Several users of the crypto analytics platform Nansen have reported receiving phishing emails from scammers after a data breach related to one of the firm’s third-party vendors. On Thursday, crypto investigator Officer’s Notes posted on X to warn Nansen users of the scam. “Users...
Bitcoin Price Reaches 18-Month High of $38,200 While Bitcoin ETF Token Surges Past $1.57m as FOMO Picks Up
24.11.2023
Friday, November 24, 2023 – The Bitcoin price smashed through $38,000 door after BlackRock met with the US Securities and Exchange Commission (SEC) to talk about its ETF application as the odds on approval rise and new cryptocurrency the Bitcoin ETF Token raises north of $1.5 million. The Bitcoin...
Solana Shows Remarkable Performance, But Attention Turns to a Rising Newcomer
24.11.2023
TLDR Solana surges 32% after Cathie Wood praises its technical capabilities. Investors continue pouring into Rebel Satoshi’s presale to reap massive returns. The bullish momentum that started in Q4 2023 has seen top altcoins like Solana (SOL) surge astronomically. However, this explosive growth...
Bitcoin Eyes $40K After Breaching $38K for First Time Since May 2022
24.11.2023
Bitcoin [BTC] has risen above $38,000 for the first time since May 2022 after battling this level for the past two weeks
Is Illuvium Going to Zero? ILV Price Suffers 6.2% Fall as Strange Mining Token Steals the Limelight
24.11.2023
Rising GameFi project Illuvium, the decentralized studio building the world’s first interoperable blockchain gaming universe, has seen a -6.2% retracement move for ILV price, and some worried bag-holders are now asking ‘is Illuvium going to zero?’. This comes following something...
FROGE Token Goes Viral After OpenAI Mention and This Other Crypto Might Be Next – Here’s Why
24.11.2023
In the latest twist, Froge token (FROGE) has exploded on DEX markets after being mentioned by OpenAI President Greg Brockman on Twitter, and with traders betting this ETF token will be next – lets dig in. Recent months have seen a huge trend in explosive DEX-traded token moves, with countless...
HTX to Resume Limited Deposit Services Today and Launch a Site-Wide Airdrop Event
24.11.2023
Source: HTX HTX (formerly known as Huobi Global) announced that deposit services for major chains will be gradually resumed on their platform, beginning today, complemented by an airdrop event as a gesture of gratitude to its users. According to the announcement, HTX has completed the necessary...
Bitcoin Mining Pool F2pool Acknowledges OFAC Transaction Censorship; Backpedals After Community Backlash
24.11.2023
F2Pool, a Bitcoin mining pool, has admitted to filtering transactions coming from Bitcoin addresses flagged by the Office of Foreign Assets Control (OFAC). After the situation was discovered by 0xB10C, a Bitcoin developer, F2pool co-founder Chun Wang acknowledged that his pool was indeed applying...
HTX (Huobi Global) to Resume Deposits and Withdrawals After $13.6 Million Exploit
23.11.2023
Source: iStock Crypto exchange HTX, formerly known as Huobi Global, said it “has now properly handled this attack,” and it will resume deposits and withdrawals within 24 hours after suffering a $13.6 million exploit on Nov. 22. In a Nov. 23 announcement on its official website, Huobi...
Richard Teng Takes Charge as Binance CEO Following Changpeng Zhao’s Exit
23.11.2023
After Changpeng Zhao’s exit, Richard Teng has stepped in as the new chief executive officer of Binance, the globe’s largest crypto exchange in terms of trading volume. On Tuesday, Teng made his introduction to the public through social media platform X, assuring that under...
X restricts Changpeng Zhao’s account after name change removes ‘Binance’
23.11.2023
The former Binance CEO speculated X’s bot detection algorithm “needs some work” after the platform implied he “potentially violated the X Rules” by changing his profile name
Unidentified Whale Deposits 10,000 ETH Worth $20 Million in New Blast L2 Project
23.11.2023
Source: Adobe / 2ragon Blast, a newly launched Ethereum-based layer 2 network, is already gaining traction in the market after one unidentified whale deposited a massive 10,000 ETH to the network. The deposit was made on Wednesday this week, just two days after Blast went live in “early access”...
Kraken Co-founder Says Crypto “Feels More Fair” After CZ’s Guilty Plea
23.11.2023
Source: Pixabay “The crypto game feels a bit more fair today,” Kraken co-founder Jesse Powell said in an X post on Wednesday. In the wake of Binance co-founder Changpeng Zhao stepping down as CEO and pleading guilty to criminal charges of money laundering, Powell held nothing back in his assessment...
HTX to restore services 'within 24 hours' after $13.6M hack
23.11.2023
"Huobi HTX has now properly handled this attack," the crypto exchange stated
Grayscale Updates Bitcoin ETF Prospectus After Discussing with SEC
23.11.2023
Grayscale continues efforts to secure regulatory approval for a Bitcoin ETF. Image by Ascannio, Adobe Stock. On Wednesday, digital asset manager Grayscale submitted an updated prospectus to the Securities and Exchange Commission (SEC) for converting its Grayscale Bitcoin Trust into a spot bitcoin...
Is It Too Late to Buy Pyth Network? PYTH Price Erupts 53% After Airdrop and This Might be The Next Crypto to Explode
23.11.2023
Latest breakout airdrop token Pyth Network has seen PYTH price erupt +53% since trading launched on November 21, and now traders believe this could be the next token to explode – here’s why. Airdrops have made something of 2023, breaking away from the volatile launches of crypto winter...
Nansen Report: Binance’s Total Asset Holdings Remain Stable After DOJ Settlement
23.11.2023
Source: Iryna Budanova/Adobe Binance’s total asset holdings have remained largely unchanged following the recent settlement of civil and criminal charges between the crypto exchange and CEO Changpeng “CZ” Zhao and US authorities. According to a report by blockchain analytics firm...
US Prosecutors Move to Block Former Binance CEO CZ’s Return to UAE Until Sentencing
23.11.2023
Source: Youtube/Entrepreneur ME Prosecutors are pressing a federal judge to prevent former Binance CEO Changpeng Zhao from leaving the United States before his scheduled sentencing hearing on February 23, 2024. This move comes after the $4.3 billion settlement reached by Binance with the U.S....
Congressman Calls for Gensler’s Removal After SEC Sues a Crypto Exchange Twice in 10 Months
23.11.2023
A U.S. lawmaker has urged Congress to pass his bill that would fire U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler. This call followed the securities regulator filing a second lawsuit against crypto exchange Kraken this year after the exchange paid $30 million to settle...