Cryptocurrency

Super Curious Findings About Ripple (XRP) Hack: What’s Going On?

At the end of January, Ripple was hacked. To be more precise, according to official statements, it was Chris Larsen – the co-founder – who saw his wallets compromised. In fact, the company has made it clear that nothing within its system is jeopardized. According to the official confirmation by Larsen, they were “able to...
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Crypto Exchange Execs Land 8-Year Jail Term for Embezzling Millions of Customer Deposits

A South Korean district court has sentenced the CEO and CTO of cryptocurrency exchange Bitsonic to eight years in prison for stealing millions of dollars in customer funds. According to a report from Yonhap News Agency, Chief Judge Lee Jong-chae sentenced Bitsonic CEO Jinwook Shin and CTO – identified as Bae – to seven and...
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CSW Attacks His Own Witness For Exposing That His Documents Are Forgeries

Self-proclaimed Bitcoin inventor Craig Wright grew flustered during cross-examination on Wednesday as prosecutors mounted evidence disputing his identity as Satoshi Nakamoto. The computer scientist stands accused of forging multiple documents to give credence to his “false narrative” which expert witnesses – including his own – have now agreed were likely tampered with. Craig Wright Smears...
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SEC Delays Decision on Invesco-Galaxy Spot Ethereum ETF Proposal

The United States Securities and Exchange Commission (SEC) has again delayed its decision on whether to approve or not a joint spot Ethereum exchange-traded fund (ETF) proposed by Invesco and Galaxy Digital. This marks the second postponement after a similar delay in December and aligns with the SEC’s recent trend of pushing back deadlines for...
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Blockchain Life 2024 in Dubai – Waiting for ToTheMoon

[PRESS RELEASE – Dubai, United Arab Emirates, February 7th, 2024] On April 15-16, the international forum Blockchain Life 2024 will bring together more than 8,000 crypto leaders and thousands of international companies at the main event of the year in Dubai. Official Trailer 2024: [embedded content] For those interested in attending, tickets are available at:...
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US Lawmakers Urge Treasury Secretary to ‘Fill Gaps’ in Crypto Regulations, Call for CFTC Oversight 

On Feb. 6, House Financial Services and Agriculture Committee leaders sent a letter to Treasury Secretary Janet Yellen regarding the lack of regulation in the spot market for digital assets that are not securities. The letter was sent from Patrick McHenry, Glenn Thompson, French Hill, and Dusty Johnson, all chairmen of various House committees. They...
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New Cryptocurrency at $0.01 Joins Ethereum (ETH) and Polygon (POL) as Top Picks for February 2024

The crypto market continues to evolve, with new and innovative projects launching. One exciting addition in 2024 is Pandoshi (PAMBO), a new cryptocurrency priced at just $0.01 per token in its ongoing presale phase. Despite being new to the market, Pandoshi has emerged as a top investment pick for 2024, along with Ethereum and Polygon....
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BlockFi and 3AC Resolve Counterclaims in Bankruptcy Settlement, but There’s a Catch

A settlement between defunct crypto lending company BlockFi and the collapsed hedge fund Three Arrows Capital (3AC) was approved by a US bankruptcy court on February 7. The specific terms of the settlement, though, remain confidential. According to the official document, the approval effectively resolved any counterclaims between the parties. Judge Kaplan of the New...
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Korean Authorities to Investigate OKX Over Improper Registration Complaints: Report

Authorities in South Korea are looking to investigate major cryptocurrency exchange OKX over complaints of the platform’s improper registration in the country. According to a report by News1 Media, South Korea’s Financial Intelligence Unit (FIU) received complaints from the country’s Digital Asset Exchange Association (DAXA). OKX Under Regulatory Probe DAXA, an alliance of South Korea’s...
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Coinbase-Backed DeSo SocialFi App Focus Raises $75 Million in One Week

[PRESS RELEASE – Los Angeles, California, February 7th, 2024] Key Takeaways Focus, the revolutionary new decentralized SocialFi app, raised $75 million in one week Focus rivals subscription platforms like OnlyFans and Patreon, a multi-billion-dollar industry Users can reserve with DESO, BTC, ETH, and more to earn a 90% bonus in $FOCUS tokens for a limited...
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Chainlink (LINK) Soared to 2-Year Peak as Whale Activity Surges

Chainlink’s LINK token has surged 38% since late January, propelling it to a 24-month peak, with its market cap reaching $10 billion. This came as crypto whales accumulated over $50 million worth of tokens within the past several days. Separately, data from Glassnode charts indicates that approximately $75 million worth of LINK has flowed onto...
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Ondo Finance Brings Real-World Assets and Yield-Bearing Stablecoin-Alternative, USDY, to Sui

[PRESS RELEASE – Grand Cayman, Cayman Islands, February 7th, 2024] Ondo’s Sui upcoming integration will bring native access to new tokenized assets such as treasuries, securities, and stablecoins on chain Sui, the Layer 1 blockchain which has experienced explosive growth since its inception eight months ago, today announced that Ondo Finance is expanding into the...
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Top 10 Crypto Gambling Sites To Earn Free Bitcoins!

The crypto industry is recording a persistent rise, indicating a growing interest of users in it. With the crypto token hype increasing, websites are introducing unique ways to attract users. One such innovative trend that received quick success was the crypto gambling website. Cryptocurrency gambling is a flourishing trend in the industry as it has...
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CoinMarketCap Research Releases Report on TrueUSD: Market Share Increased by 238% in 2023

[PRESS RELEASE – Dubai, UAE, February 7th, 2024] CoinMarketCap Research released a report on TrueUSD (TUSD), the USD-pegged stablecoin that offers live, on-chain attestations of its reserves by independent, third-party accounting firms. The report highlighted that TUSD’s market share in the stablecoin sector increased by over 238%. In 2023, TUSD’s market share increased from 0.53%...
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Saakuru Labs Empowers Prabowo-Gibran Presidential Campaign with Blockchain and NFT Technologies

[PRESS RELEASE – Jakarta, Indonesia, February 6th, 2024] In an unprecedented move, Saakuru Labs (formerly known as AAG), leading innovators in the Web3 infrastructure sector, has teamed up with Relawan Konco Kulo Gibran, as an appointed tech partner by Prabowo-Gibran presidential campaign in Indonesia for the election campaign, slated to happen on February 14th, 2024....
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BlackRock Bitcoin ETF Soars to Top 5 in Inflows for 2024

The BlackRock iShares Bitcoin Trust (IBIT) has emerged as a leading exchange-traded fund (ETF) in 2024, ranking among the top five ETFs in terms of inflows, as per Bloomberg Intelligence data. The ETF has surpassed the performance of numerous well-established funds after achieving over $3.19 billion in flows, with only broad index funds such as...
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Major Binance Delisting Causes Community Uproar

One of the biggest crypto exchanges in the industry, Binance, delisted Monero (XMR), a popular privacy-focused coin, triggering a substantial price drop and trading volume right after the announcement. Shortly after, Monero reassured users that they would never compromise on privacy. The main reason for the delisting is likely that Monero uses stealth addresses, while...
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Important Bitcoin Price Prediction, but It’s Not What You Think

Popular trader and technical analyst CryptoCon shed light on Bitcoin’s historical patterns in a new analysis published on X, stating that BTC could retest $31.300 this year. Yet, the emergence of ETF inflows could counter further contraction. According to CryptoCon, there hasn’t been a single Bitcoin cycle that has “escaped a retest of the 150%...
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Here’s How Binance Plans to Fight Coin Listing Leaks

In response to mounting accusations and community concerns regarding potential corruption within its ranks, cryptocurrency exchange Binance announced a $5 million bounty for information on potentially corrupt staff members. The decision follows a series of allegations suggesting that Binance’s token listing process might have been compromised, leading to unfair advantages for certain traders. Anti-corruption Measures...
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XRP Lawsuit Update : Ripple Seeks Extension Until February 20th for SEC’s Demand on Financial Disclosure

In the latest update of the XRP lawsuit, Ripple today has submitted a court filing seeking an extension of the deadline for additional financial disclosures. This move follows a significant ruling passed yesterday by U.S. District Judge Analisa Torres and Judge Netburn who favored the SEC’s demand for access to Ripple’s financial records. Ripple’s Filing...
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South Korean Prosecutors Arrest Haru Invest Executives Over Embezzlement Allegations (Report)

South Korean prosecutors revealed on Monday that they had apprehended and placed under custody three executives, including its two co-chief executive officers, from the crypto yield platform Haru Invest. The trio is facing accusations from Seoul prosecutors of embezzling about 1.1 trillion Korean won, which translates to roughly $826 million in crypto, from around 16,000...
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Streak Over: These Bitcoin Spot ETFs See First Day With Zero Inflows

Activity around Bitcoin spot ETFs has slowed substantially this week, with two major funds losing their undefeated streak of inflows since launch. On Monday, both the Bitwise Bitcoin ETF (BITB) and the ARK 21Shares Bitcoin ETF (ARKB) saw their first day of net zero inflows. Loss Of Momentum For Bitcoin Spot ETFs According to data...
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MicroStrategy Now Holds 190,000 Bitcoin After January Purchase

Bitcoin-bullish software company MicroStrategy (MSTR) increased its Bitcoin position again in January, bringing its total holdings to an even 190,000 BTC. Michael Saylor, the executive chairman of the company, said on Tuesday that the company acquired another 850 BTC in January for $37.2 million. That’s an average price of $43,764, slightly above today’s trading price...
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New Platform Enables Fraudulent KYC for Only $15, Targets Crypto Platforms: Report

New research by the cybersecurity reporters at 404 Media has uncovered a new tool named OnlyFakes that reliably generates fake IDs capable of bypassing KYC providers’ checks with relative ease. The fake documents can be generated with or without a background, which would suggest it is a picture that was just taken by a user...
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DCG Slams Genesis’ Bankruptcy Plan as ‘Act of Bad Faith’

Digital Currency Group (DCG) has filed a motion objecting to the bankruptcy plan proposed by Genesis Global Capital, its subsidiary, citing violations of the Bankruptcy Code. The objection – lodged on February 5th – asserts that Genesis’ plan exceeds the legal entitlements of its customers, potentially favoring a select group of creditors while stripping DCG...
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Here’s How This Crypto Trader Made $1.2M From a $97K Pandora Purchase in 2 Days

A cryptocurrency trader has profited more than a million dollars from a less than $100,000 purchase of the just launched Pandora (PANDORA) token. According to a tweet by market analytics platform LookOnChain, the trader’s purchase recorded gains after two days. The price of #Pandora, the first token built on the #ERC404 token standard, has now...
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Are Chimpzee, Dogwifhat, and Scorpion Casino the Next 100x Cryptos? 

Three new and exciting projects that have recently stirred the crypto space with whispers of 100x gains are Chimpzee, Dogwifhat, and the rising star, Scorpion Casino. Let’s delve into what makes these projects stand out and why Scorpion Casino, in particular, is capturing the attention of savvy investors. Chimpzee and Dogwifhat: A Glimpse into the...
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Former Terraform Labs Dev Testifies Against Do Kwon: Report

A former developer at Terraform Labs, known only as “Lee,” reportedly took the stand on Monday at the 14th Criminal Division of the Seoul Southern District Court, testifying against the company’s co-founders, Kwon Do-hyeong and Shin Hyun-seung. The witness, formerly a leader within the Terra development team, provided crucial testimony against Terra founder Do Kwon...
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Dogecoin Stalls at $0.08 Barrier, Could This Metric Suggest Upcoming Rally?

Dogecoin’s price has found significant resistance from the $0.08 level despite a brief upward breakout. The OG meme coin’s trajectory hasn’t been in tandem with the rest of the crypto market. This, however, has not stopped the network from witnessing growth across various metrics. Dogecoin Sees Increased Network Activity Dogecoin’s value has declined by 23%...
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Citrea, Bitcoin’s First ZK Rollup, Emerges from Stealth

[PRESS RELEASE – Grand Cayman, Cayman Islands, February 6th, 2024] Citrea is the first rollup that enhances the capabilities of Bitcoin blockspace with zero knowledge technology, enabling developers to build everything on Bitcoin  Citrea, Bitcoin’s first ZK rollup, has come out of stealth today to enable developers to build everything on Bitcoin. Citrea is the...
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