Significant Drop in Bitcoin Mining Difficulty Last Week Marks Largest Since Last Crypto Winter: Bernstein Report
In a notable shift within the cryptocurrency mining industry, Bitcoin (BTC) mining difficulty decreased by approximately 6% last week, marking the most significant decline since the crypto winter of December…
Analyst Warns of Potential ‘Panic Sell-Off’ If Bitcoin Falls Below $60K
As Bitcoin (BTC) hovers near the $60,000 mark, market analysts warn of a potential panic sell-off should it fall below this critical threshold. FxPro’s Alex Kuptsikevich suggests that a break…
Market Watch: Stability in Stablecoin Growth Amid Anticipation of U.S. Inflation Data
The first quarter of the year witnessed a significant surge in the cryptocurrency market, bolstered by the expansion of stablecoins. However, this momentum has plateaued following the Bitcoin blockchain’s halving…
Ripple CEO Asserts U.S. Government Targets Tether, Predicts Potential Market Impact
Brad Garlinghouse, the CEO of Ripple, recently expressed his concerns about the United States government’s actions towards Tether, the issuer of the world’s largest stablecoin by market capitalization, USDT. His…
North Korean Cyberattacks Intensify with New ‘Durian’ Malware Targeting South Korean Crypto Firms
A new wave of cyberattacks spearheaded by the North Korean hacker group Kimsuky has surfaced, utilizing an advanced malware variant named “Durian.” According to a recent threat report by cybersecurity…
Decade-Dormant Bitcoin Wallets Transfer $61M, Stirring Market Curiosity
Two previously dormant Bitcoin wallets, containing a total of 1,000 BTC valued at $61 million at today’s prices, have suddenly sprung into action after a ten-year sleep. This unexpected movement…
Activity Declines Notably on Bitcoin’s Runes Protocol
Since its launch, the Runes protocol has experienced a noticeable decrease in user engagement and transaction volume. This change has sparked discussions about the sustainability and long-term viability of the…
Binance Bribery Allegations Put Nigeria’s Foreign Investment at Risk
The recent bribery allegations by Binance CEO Richard Teng against Nigerian government officials are casting a shadow over Nigeria’s efforts to attract foreign investment. SBM Intelligence, a prominent Africa-focused risk…
Analysts Predict Potential ‘Explosive Rally’ in Altcoin Market, Highlight Key Indicators
The altcoin market appears to be at a pivotal stage, often referred to as the “disbelief stage,” which precedes significant rallies according to historical patterns. This article delves into the…
FTX Plans to Return Over 100 Percent to Creditors Following Bankruptcy
FTX, the once-prominent cryptocurrency exchange that declared bankruptcy in November 2022, has proposed a comprehensive repayment plan that might restore funds to the overwhelming majority of its creditors, according to…
Spot ETH ETFs May Fall Short on Delivering Complete Returns to Investors
The cryptocurrency sector is abuzz with the recent successes of spot Bitcoin ETFs, turning the industry’s focus towards the potential for similar products based on Ethereum (ETH). However, the regulatory…
Rootstock Founder Projects Bitcoin Programmability Milestone Within 12 Months
At the recent Bitcoin++ conference held in Austin, Texas, Sergio Demian Lerner, the founder of Bitcoin layer-2 protocol Rootstock, introduced an ambitious new project dubbed “BitVMX.” This initiative aims to…
Lazarus Group’s Multi-Year $200M Crypto Laundering Scheme Exposed
Between 2020 and 2023, the Lazarus Group, a notorious North Korean state-backed cybercrime syndicate, orchestrated an extensive laundering operation involving over $200 million stolen from cryptocurrency platforms. This revelation was…
South Korea Enhances Crypto Oversight with Permanent Investigative Department
South Korea is taking significant steps to fortify its approach to cryptocurrency regulation. In a move reflective of the growing importance of digital assets within the legal and economic landscape,…
Avalanche Teams Up with Stripe to Simplify Fiat-to-Crypto Conversion for Users
The Avalanche C-Chain network has taken a significant step in simplifying cryptocurrency access by partnering with the payment giant Stripe. This collaboration enables verified Stripe users to purchase Avalanche’s cryptocurrency,…
Tether Makes a $200 Million Investment in Neurotechnology Firm Blackrock Neurotech
Tether, the operator behind the world’s largest stablecoin by market cap, USDT, has embarked on a transformative journey with a substantial $200 million investment in Blackrock Neurotech, positioning itself as…
Runes Drive Transaction Fees Over 1,200 BTC, Offering Boost to Miners Post-Halving
In the wake of Bitcoin’s latest halving, the industry has witnessed significant shifts in the revenue dynamics for miners. A surprising twist has come from the implementation of Runes, a…
Cryptocurrency Expected to Reach One Billion Users by 2025, Says Analyst
The cryptocurrency industry stands on the brink of a major milestone, with predictions suggesting it could amass one billion users by the end of 2025. Bitcoin analyst Willy Woo recently…
Lido Finance Surpasses One Million Validators, Catalyzing DeFi Sector Growth
Lido Finance, recognized as the leading liquid staking protocol on Ethereum, recently celebrated reaching one million validators, a significant landmark for the decentralized finance (DeFi) sector. Growth of Lido Finance…
Thailand’s SEC Intensifies Action Against Misleading Cryptocurrency Advertisements
The Thai Securities and Exchange Commission (SEC) is intensifying its efforts to safeguard investors from misleading cryptocurrency advertisements. In a recent move, the regulator has issued a stark warning to…