Ripple and the U.S. Securities and Exchange Commission (SEC) have been directed by U.S. District Judge Analisa Torres to work out a possible settlement. This is set for April 16, 2024, and both parties and their legal representatives are obligated to convene for an in-person meeting. The SEC stands to gain more with legal experts […]
Bitcoin (BTC) kept up renewed pressure on $28,000 into the Oct. 8 weekly close as geopolitical uncertainty entered traders’ radar. Data from Cointelegraph Markets Pro and TradingView showed BTC price performance avoiding downside volatility over the weekend. The pair recovered from a snap retest of $27,000 on Oct. 6, this coming thanks to surprise United […]
Altcoins have been the stars of the crypto market today, with Toncoin (TON), Aave (AAVE), and Maker (MKR) leading the way. MKR has seen a 3% increase and is now trading at $1,455, likely due to its “Endgame Plan” which has proven to be successful. AAVE has also seen a 6% increase, now trading at […]
The IOTA Foundation has recently unveiled its Layer-1 staging network Shimmer and its Iotabee DEX, a decentralized trading exchange. The DEX has managed to increase the total value locked (TVL) on the Shimmer blockchain by a staggering 4x or $600,000. The ShimmerEVM also offers a bridge between the IOTA Network and the Ethereum applications.The IOTA […]
XRP, the cryptocurrency of the blockchain enterprise Ripple, is currently the most trending crypto asset due to its recent legal victories. Its trial against the US Securities and Exchange Commission (SEC) in April 2024 is seen as pivotal for its price. Other factors that could influence its valuation include partnerships with banks like HSBC and […]
The SHIB community recently fell victim to a crypto scam attack on their official telegram account. Cybercriminals seized the SHIB telegram account for hours, impersonating the community’s admin and sending fake BONE airdrops through click baits on the channel to steal member’s personal information and crypto assets. Prominent Shiba Inu team member, Ragnar Shiba, took […]
FriendTech, a rapidly growing crypto-social platform, has recently been the target of a security breach. A scammer was able to steal $385K in Ethereum from four FriendTech users within 24 hours by using the SIM-swapping method. This technique allows criminals to take control of a user’s phone number and access their online accounts. The surge […]
Paul Grewal, a Coinbase executive, believes that if the U.S. continues to delay in creating crypto regulations, the industry will suffer the same fate as the semiconductor industry.The semiconductor industry has been struggling in the U.S. due to a lack of regulation and the inability to compete with foreign markets. Grewal believes that the same […]
September of 2023 was a great month for Bitcoin mining companies. Three firms, CleanSpark, Riot Blockchain, and Marathon Digital Holdings, all reported record outputs. Kraken also witnessed a 5-year ATH of BTC inflow and a 506.06M hash rate spike in mid-September.CleanSpark mined 643 BTC in September, bringing its total BTC holdings to 2,240 and making […]
The crypto market could experience heightened volatility over the weekend and coming weeks as more than $700 million worth of Bitcoin (BTC) and Ethereum (ETH) options are set to expire. According to market aggregate data provided through Coinglass, the total option open interest comprises about 213,121 BTC in call bets compared to 107,085 BTC in […]
