Bitcoin mining revenue has seen a steady increase since the start of the year, despite the top five largest crypto mining companies collectively losing $2.8 billion of their market Cap following last Thursday’s Bitcoin (BTC) flash crash.Hut 8 and Cipher experienced the most significant percentage decline, losing 32%, equivalent to over $400 million of their […]
Mark Cuban, a billionaire entrepreneur, has recently taken a jab at the US Securities and Exchange Commission (SEC) for its lack of clarity in addressing the evolving landscape of cryptocurrencies. This follows Gemini’s response to the SEC’s complaint against its Earn program, which allowed customers to lend their digital assets to crypto firm Genesis in […]
A mysterious wallet has recently amassed more than 118,000 BTC in the past 90 days, becoming the third largest holder of Bitcoin. This has caused speculation among the community as to who the true owner of the wallet is.Data from BitInfoCharts suggests that the wallet is worth $3.09 billion and is trailing behind the cold […]
Membrane Finance, a leading fintech company based out of Finland, has recently launched the EUROe, Solana’s first euro stablecoin. This integration provides enhanced transactional flexibility across Europe, allowing users to move between digital and traditional financial realms more seamlessly. The EUROe is fully compliant with the impending Markets in Crypto Assets regulations, set to be […]
The Federal Bureau of Investigation (FBI) has recently alerted the crypto industry of suspicious Bitcoin transactions linked to the Democratic People’s Republic of Korea (DPRK). The FBI identified the perpetrators as “TraderTraitor-affiliated actors”, also known as Lazarus Group and APT38. The Bureau tracked a significant movement of roughly 1,580 bitcoin, worth more than $40 million. […]
The FBI has recently drawn attention to a significant sum of Bitcoin, amounting to approximately $40 million, that is believed to be linked to North Korean cyber activities. Several of the identified bitcoin addresses are thought to be connected to the DPRK-affiliated group known as TraderTraitor, Lazarus Group and APT38, and are reported to hold […]
XRP has recently erased all gains it had gained due to Ripple Labs’ partial victory in its lawsuit with the U.S. Securities and Exchange Commission (SEC). This has led to speculations that the SEC-induced momentum may be over. The cryptocurrency has lost more than 44% of its gains since the ruling and continued in instability […]
Dave the Wave, a popular crypto analyst, believes that Bitcoin (BTC) is still on track for a major bull cycle despite last week’s sudden price drop. He suggests that short-term indicators are not reliable in predicting BTC’s price given the current market conditions. Dave the Wave uses his own version of logarithmic growth curves (LGC) […]
The U.S. cryptocurrency industry has seen a surge in tension between the Securities and Exchange Commission (SEC) and Coinbase, one of the leading representatives of the industry. In response, a prominent industry representative has stepped in to help ease the situation.The SEC has been investigating Coinbase for potential violations of securities laws. Coinbase has denied […]
BlockFi, a bankrupt crypto lender, is attempting to recover assets to settle its customers as part of its bankruptcy proceedings. The company is standing firm that its customers should take priority over fellow bankrupt company FTX. BlockFi has objected to FTX’s claims on several grounds, including the fact that it alleges that the latter’s claims […]
