Pepe, Floki, Bonk, and Additional Memecoins Experience a 3,000% Weekly Volume Increase
The digital currency landscape has once again been captivated by the memecoin phenomenon, witnessing unprecedented rallies among trending tokens such as Pepe, Floki, Bonk, and others. This surge has not…
Wall Street Journal Embroiled in Defamation Suit Over Tether and Bitfinex Reporting
The Wall Street Journal, one of the leading financial publications, is currently embroiled in a legal battle following a defamation lawsuit stemming from its coverage of alleged illicit activities linked…
Tether’s USDT Stablecoin Reaches Record $100 Billion Market Capitalization
In a notable achievement within the cryptocurrency domain, Tether’s USDT stablecoin has surpassed a groundbreaking market capitalization of $100 billion. This milestone represents a significant year-to-date growth of 9%, solidifying…
Bitcoin NFTs Overtake Ethereum in Weekly Sales, Marking a Notable Shift
In a surprising turn of events, sales of Bitcoin non-fungible tokens (NFTs) have outpaced those on Ethereum in the last week. This shift is attributed to a significant increase in…
Enhanced Powers for UK Law Enforcement in Crypto Asset Seizure
The United Kingdom government has taken a significant step towards tightening its grip on the utilization of cryptocurrencies in illicit activities. A newly published statutory instrument outlines amendments to the…
Binance CEO Called to Testify Before Nigerian Committee on Allegations of Financial Misconduct
The Nigerian House of Representatives Committee on Financial Crimes has officially summoned Richard Teng, CEO of Binance, to address allegations relating to terrorism financing and money laundering activities. This development…
FTX Sets Claim Window Prices for Major Cryptocurrencies Below Market Rates
FTX, the cryptocurrency exchange undergoing bankruptcy proceedings, has initiated a claims process with valuation figures for significant digital assets like Bitcoin, Ether, Solana, and BNB considerably lower than their prevailing…
Chainlink’s Sergey Nazarov Highlights Global Financial System’s Entry into Crypto as New Market Drivers
In an enlightening conversation with Bloomberg on February 28, Chainlink’s founder, Sergey Nazarov, shed light on the distinctiveness of the current cryptocurrency market cycle. He pinpointed the diversity and volume…
2023 Witnesses Uptick in Cryptocurrency Crimes via Darknet Markets, Chainalysis Reports $1.7 Billion in Earnings
The cryptocurrency sector remains under the shadow of cybercriminal activities, with darknet markets identified as a significant contributor to the industry’s illicit revenue streams in 2023. The latest findings from…
Seneca DeFi Platform Suffers $6.4 Million Security Breach
The decentralized finance (DeFi) ecosystem witnessed yet another setback as the lending platform and stablecoin issuer Seneca Protocol fell victim to a cyber exploit, confirmed via an official announcement on…
Anticipation of a Larger Surge in Bitcoin ETFs: Insights from Bitwise
The introduction of spot Bitcoin exchange-traded funds (ETFs) marks a pivotal moment in the financial sector, with Bitwise projecting an unprecedented influx of institutional capital into the market in the…
Hong Kong Ceases License Applications for Cryptocurrency Exchanges
In a significant regulatory shift, as of February 29, Hong Kong has announced the cessation of accepting license applications from cryptocurrency exchanges. This development heralds a new era of compliance…
Central Bank of Nigeria Expresses Concerns Over Binance Amidst Regulatory Scrutiny
In a recent development that has caught the attention of both national and international observers, Binance, the world’s largest cryptocurrency exchange, has come under increased scrutiny from Nigerian authorities. The…
HashKey OTC Gains Preliminary License Approval from Singapore’s Monetary Authority
HashKey Technology Services, the distinguished over-the-counter (OTC) trading division of the HashKey Group, marked a significant milestone on February 28 by receiving in-principle approval from the Monetary Authority of Singapore…
Shido Token’s Value Tumbles by 94% Following Ethereum Staking Contract Breach
In a startling turn of events, the Shido blockchain, a layer-1 entity, witnessed a dramatic plunge in its token value, nosediving by up to 94% within a mere half-hour. This…
Uniswap Announces Web Wallet Extension Launch
Decentralized exchange (DEX) Uniswap is set to enhance its ecosystem with the introduction of a web wallet extension for its native wallet, according to a recent announcement on February 27.…
U.S. Miners Less Affected by Bitcoin Halving Due to Energy Efficiency
Recent investigations by Hashlabs Mining reveal that the United States hosts 40% of global Bitcoin mining activities, a significant statistic that highlights the country’s dominant position in the cryptocurrency mining…
Matrixport Signals Caution Amid Market Exuberance Following Bitcoin’s Surge Past $60K
In a recent observation, Daniel Yan, the co-founder of the Singapore-based cryptocurrency service firm Matrixport, has voiced concerns over the potential for a market correction following Bitcoin’s climb to its…
Bitcoin Surpasses $60K Mark for the First Time in Two Years
For the first time in more than two years, Bitcoin has crossed the $60,000 threshold, marking a significant milestone in its price trajectory. As of 1:00 pm UTC, the cryptocurrency…
Crypto.com Forges Alliance with Latin America’s Premier Investment Bank for Stablecoin Initiative
BTG Pactual, a leading banking institution in Latin America, has embarked on a collaborative venture with Crypto.com, aiming to propel the integration of cryptocurrency banking services within the region. This…