The Twitter account of top non-fungible token (NFT) project, Azuki, was compromised on Friday, resulting in the loss of over $750,000 worth of crypto assets. Following a takeover of the…
Continue ReadingAdvisors to the Kremlin have suggested that home crypto mining should be banned in Russia, or in some of its regions. The stated motive for the proposal is to prevent…
Continue ReadingSilvergate, a California-based crypto bank whose shares are listed on the New York Stock Exchange, is suspending dividend payout to remain highly liquid as the digital currency market tries to pull…
Continue ReadingThe crypto firm Matrixport, led by former Bitmain CEO Jihan Wu, is laying off 10% of the company’s staff, according to reports published on Friday. Matrixport’s COO, Cynthia Wu, cited…
Continue ReadingRecent data from Matrixport, a digital asset financial services platform, confirm that institutional investors have not abandoned crypto, especially Bitcoin. According to data, institutional investors now account for 85% of…
Continue ReadingWhile the reluctance of traditional players is a deterrent to crypto’s adoption in the short term, CZ argues that the decision might backfire over the next two decades. As traditional…
Continue ReadingBitcoin may regain some volatility to end the month as options expire. Exchange reserves drop to a monthly low but some whales are still cashing out. There are only a…
Continue ReadingEthereum addresses with a non-zero balance rise to reach an all-time high. The king alt’s percent supply in profit also crossed over the 60 mark. Over the years, there has…
Continue ReadingDisclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion AVAX could reclaim its pre-FTX level in the next…
Continue ReadingIt’s alleged that the former FTX CEO attempted to arrange a “constructive relationship” with the current General Counsel of FTX US, Ryne Miller. Federal prosecutors have requested that former FTX…
Continue ReadingThe Biden administration touted its comprehensive framework and encouraged regulators and Congress to tighten the screws on crypto in a new statement. The White House released a statement on Jan.…
Continue ReadingThe chairman of a newly formed digital assets committee, U.S. Congressman French Hill, has outlined some priorities to regulate the crypto sector and ensure America is the place for fintech…
Continue ReadingJanuary has been a rough month for Silvergate, with the dividend halts coming just a few weeks after it announced a Q4 2022 loss of $1B and laid off 200…
Continue ReadingThe Aave community passed the AIP 14 to authorize clearing CRV’s bad debt. Aave’s on-chain transaction volume was largely at a loss at press time. On 26 January, the developers…
Continue ReadingA commissioner with the U.S. Securities and Exchange Commission (SEC) has called for “a coherent and consistent legal framework that works across all asset classes,” including crypto assets. She warned…
Continue ReadingThe majority of the funds stolen were from a single wallet which had $751,321.80 USDC drained from the malicious link. Azuki, a popular nonfungible token (NFT) project, had its Twitter…
Continue ReadingCalifornia DMV’s chief digital officer Ajay Gupta emphasized that the agency is looking to modernize its current systems and bring greater transparency to car title transfers. The California Department of…
Continue ReadingGoldman Sachs has ranked bitcoin the best-performing asset so far this year. The cryptocurrency also tops the global investment bank’s list as the asset with the highest risk-adjusted return —…
Continue ReadingState Department of Motor Vehicles divisions aren’t exactly known for efficiency. However, a new pilot project from California’s state DMV could look to change that. The state is now kicking…
Continue ReadingTRON’s weekly report highlighted the updated statistics of the network. Despite registering price gains, TRX’s performance on the metrics front was sluggish. TRON [TRX] recently released the latest edition of…
Continue ReadingPRESS RELEASE. LBank Exchange, a global digital asset trading platform, has listed Global Digital Cluster Coin (GDCC) on January 27, 2023. For all users of LBank Exchange, the GDCC/USDT trading…
Continue ReadingThe conditions of the cryptocurrency market have changed drastically; according to an analysis by QCP Capital, the options market in its current state makes the crypto industry look like a…
Continue ReadingBitcoin prices have been on the rise in the last couple of weeks and the digital asset has been able to return to its November 2022 levels. This has been…
Continue ReadingThe crypto market sentiment dropped drastically through 2022. Most of it was triggered by multiple firms collapsing, sending market prices into a downward spiral. This saw investor sentiment bouncing between…
Continue ReadingThe Department of Motor Vehicles (DMV) in California is running a project to digitize all of its titles and put them on a blockchain. The project, which will use the…
Continue ReadingThe new version includes features that developers believe will increase capital efficiency and lower gas fees The third version of crypto lending app Aave has now been deployed to Ethereum…
Continue ReadingAptos’ star-studded founders and the market’s disbelief in the rally could further fuel the rise in APT price. Aptos’ APT reached a new all-time high of $20.39 after posting gains…
Continue ReadingDisclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. LTC dropped below its rising channel. LTC’s price consolidation…
Continue ReadingThe new policy would align the allowable activities for insured and uninsured state banks and OCC-supervised national banks by making rules for state banks more restrictive. The United States Federal…
Continue ReadingLaw enforcement authorities from over a dozen countries in Europe and North America have taken part in disrupting the activities of the Hive ransomware group, the U.S. Justice Department and…
Continue ReadingBad news continues to dominate crypto media headlines but Bitcoin and the wider market appear to not care. Despite the recent negative crypto and macroeconomic newsflow, the total cryptocurrency market…
Continue ReadingBitcoin and select altcoins continue to consolidate near their recent highs, increasing the possibility of an upside breakout. After two weeks of a stupendous rally, Bitcoin’s (BTC) price has largely…
Continue ReadingBitcoin supply-side dynamics and on-chain indicators look to be as strong as ever, but macroeconomic headwinds remain for legacy and risk assets. The below is an excerpt from a recent…
Continue ReadingVeteran Ripple executive and former general manager Monica Long said the company has seen record growth in recent months despite the crypto winter. Monica Long has been named the new…
Continue ReadingDecentralized finance meets its traditional counterpart at Davos, with a growing cross-pollination between the two. Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a…
Continue ReadingMarket indicators revealed that Ethereum Classic’s price might register a decline soon. In fact, the alt’s metrics looked in favor of the bears. Ethereum Classic [ETC] recently disclosed its notable…
Continue ReadingThe bill clarifies that state agencies can legally agree to accept cryptocurrency payments and that these agreements should be enforced by the courts. A bill introduced to the New York…
Continue ReadingHow much exposure does BlockFi have to Sam Bankman-Fried failed enterprises? A lot, according to accidentally leaked financials. Crypto lender BlockFi has had a highly tumultuous 12 months. After getting…
Continue ReadingDespite its goal to become a crypto hub, the United Kingdom (U.K.). is still strict with its crypto regulations. Today, the U.K. financial conduct authority disclosed its regulatory approval of…
Continue ReadingIn a recent tweet Ben Lilly, co-founder of Jarvis Labs, the on-chain analytics and token design firm, gave his analysis of the past, present, and possible future of inflation and…
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