We deliver up-to-date, breaking crypto news about the latest Bitcoin, Ethereum, Blockchain, Airdrops,NFTs, and Altcoin trends and happenings.
Bloomberg reported at the end of the week that the now-defunct crypto exchange FTX has sold approximately two-thirds of its Solana holdings at a significant markdown. Following a court order to liquidate its substantial SOL holdings to settle its debts, concerns arose among SOL investors regarding a potential rapid drop in the cryptocurrency’s value if…
The legal saga surrounding Roman Storm, the developer of Tornado Cash, has garnered significant attention from crypto advocacy groups, who have rallied in support of his cause. Storm, who found himself in legal jeopardy following his arrest in August and subsequent charges related to his involvement with the Ethereum privacy protocol, Tornado Cash, has recently…
In recent years, the realm of cryptocurrency has evolved into a captivating landscape, offering investors the allure of substantial returns through an array of innovative coin varieties. Among the plethora of digital assets that have garnered attention, “Hump (HUMP)” stands out as a prominent example within the cryptocurrency sphere. Operating on the Solana network, Hump…
In the lead-up to the parliamentary election in South Korea, political campaigns are tapping into the country’s vibrant cryptocurrency market as a means to sway voters. This strategic move underscores the growing influence of digital assets in the socio-political landscape. Both major political factions, namely President Yoon Suk Yeol’s People Power Party and the opposition…
Terraform Labs and its co-founder, Do Kwon, faced a federal court trial in the United States District Court for the Southern District of New York, where they were found guilty of fraud in a civil case filed by the Securities and Exchange Commission (SEC). Following a two-week trial and after hearing closing arguments, the jury…
In a strategic move to address its financial obligations amid bankruptcy proceedings, Genesis, a crypto lending firm, has undertaken a significant action. This involves the conversion of approximately 36 million shares of Grayscale Bitcoin Trust (GBTC) into Bitcoin assets. This maneuver serves as part of the company’s strategy to settle its outstanding debts with creditors….
The Securities and Exchange Commission (SEC) of the Philippines is cautioning investors about the risks associated with utilizing unregistered online investment platforms. Among the platforms under scrutiny is eToro, a widely-used multinational online cryptocurrency trading platform boasting a user base of over 33 million globally. eToro, a renowned multinational online trading platform, is not registered…
Throughout this week, the cryptocurrency market has exhibited a rather uneventful trajectory, characterized by a notable lack of significant movement, resulting in what can be described as a sideways trend. This period of stagnation coincides with a palpable decline in overall market sentiment, with pessimism permeating various quarters. Compounding this sentiment downturn are the persistent…
Bitcoin (BTC) is currently displaying intriguing signs indicating a potential bullish trajectory, drawing insights from a historical trend, as highlighted by the comprehensive analysis from the esteemed market intelligence platform, Santiment. Despite its meteoric rise of nearly 150% since October, Bitcoin appears to be encountering a slight deceleration in its momentum, as observed by Santiment….
In the realm of digital currencies, Shiba Inu (SHIB) has recently found itself amidst a turbulent journey, mirroring the broader corrections witnessed across the cryptocurrency landscape. This week has been particularly challenging for SHIB enthusiasts and investors, as the meme coin’s value has experienced a significant downturn, plunging to lows not seen in recent times….