We deliver up-to-date, breaking crypto news about the latest Bitcoin, Ethereum, Blockchain, Airdrops,NFTs, and Altcoin trends and happenings.
The Solana network, renowned for its high throughput and low transaction costs, has found itself grappling with formidable challenges in recent times. A notable decline in on-chain activity has cast a shadow over its once vibrant ecosystem, leaving stakeholders and enthusiasts alike apprehensive about its future trajectory. This downturn can be traced back to the…
In the tumultuous realm of cryptocurrencies, where fortunes can be made or lost in the blink of an eye, the saga of Floki (FLOKI) unfolds as a gripping tale of volatility, speculation, and relentless market dynamics. Despite witnessing a staggering influx of $170 million in trading volumes on a single Thursday, the price of Floki…
In recent times, the cryptocurrency landscape has been nothing short of dynamic, with the ongoing month unveiling a discernible bearish trajectory in terms of price action. This trend underscores a notable surge in volatility pervading the crypto market, which has undoubtedly caught the attention of investors and enthusiasts alike. It’s worth reflecting on the backdrop…
Over the past 24 hours, Bitcoin (BTC) has experienced a notable rebound of 2.5%, propelling its price to $70,561. This surge occurred amidst a broader uptrend in the cryptocurrency market, which witnessed a collective gain of 1.5%. In the span of a week, Bitcoin has demonstrated a 6.5% increase, although it has experienced a slight…
Luno, a cryptocurrency exchange, has become one of the inaugural recipients of a license from South Africa’s Financial Services Conduct Authority (FSCA), enabling the exchange to function as a financial services provider within the nation. In its announcement, Luno disclosed that it has been granted a financial services provider license following the FSCA’s classification of…
Bankrupt cryptocurrency companies FTX Trading and Voyager Digital Holdings have reached an agreement to settle their loan disputes, a move aimed at reimbursing creditors. The protracted claims and disagreements between the two entities came to a close on Tuesday, resulting in the complete release of $445 million to Voyager, including accrued interest. Voyager’s financial troubles…
The securities regulator of the European Union (EU) has issued a cautionary statement regarding the substantial concentration of trading activity observed across a select few cryptocurrency exchanges. Specifically, the report highlights Binance as a singular platform controlling approximately half of the entire market, as disclosed on Wednesday. According to analysis conducted by the European Securities…
The web3 application STEPN, which incentivizes users to earn rewards by engaging in various activities, has recently initiated a significant promotional campaign termed the “trailblazer” airdrop. This campaign involves the distribution of 100 million FSL Points, a digital asset associated with the Solana-based non-fungible token (NFT) project. Notably, the total value of this airdrop amounts…
Thailand’s state authorities convened on Tuesday to address the pressing need for regulations governing peer-to-peer (P2P) cryptocurrency transactions and to enhance measures to combat online fraud comprehensively. Led by Prasert Jantararuangthong, the Minister for Digital Economy and Society, the meeting brought together representatives from various governmental bodies, including the Thai Securities and Exchange Commission (SEC),…
In a recent legal development within the realm of crypto taxation, a specialized law firm has initiated a trade secrets lawsuit in the US District Court for the Northern District of Illinois. This lawsuit targets both a rival firm and a former employee, alleging the unauthorized acquisition and utilization of confidential materials, which were subsequently…