We deliver up-to-date, breaking crypto news about the latest Bitcoin, Ethereum, Blockchain, Airdrops,NFTs, and Altcoin trends and happenings.
IN BRIEF Global sports sponsorships are incorporated by Crypto.com. Leading Crypto.com’s diverse sponsorship portfolio is Formula One. Sports partnerships contribute to Crypto.com’s user growth. Crypto.com has made significant strides in diversifying its brand presence by venturing into the realm of sports sponsorship. This strategic move underscores the company’s commitment to broadening its reach and appealing…
Following an extended stretch marked by consistent outflows, Grayscale’s Bitcoin Trust exchange-traded fund (ETF) recently broke the trend by registering its initial day of net positive inflows. According to preliminary data sourced from Farside, on May 3rd, Grayscale’s Bitcoin Trust (GBTC) observed a notable $63 million in net inflows. This shift in momentum is significant,…
IN BRIEF Bitfinex’s CTO addressed concerns about a potential data breach on Twitter. A clear denial was issued regarding the possibility of such an incident. Users were reassured that there is no need to panic, with assurance that their data remains secure. Recent claims have surfaced regarding a hacker group allegedly breaching the personal data…
Alexander Vinnik, the co-founder of the cryptocurrency exchange BTC-e, has recently entered a guilty plea for charges related to conspiracy to commit money laundering. This development was disclosed in a public release by the US Department of Justice (DOJ) on May 3. Vinnik, a Russian national, has confessed to his involvement as one of the…
IN BRIEF Coinbase faces a lawsuit over alleged unregistered securities sales. Investors assert losses stemming from misleading statements made by Coinbase. The legal action adds to the regulatory hurdles confronting cryptocurrency exchanges. A legal battle has erupted against Coinbase, a prominent player in the cryptocurrency trading sphere. The crux of the matter revolves around allegations…
On May 3, the native token of Friend.tech, $FRIEND, plummeted by 50% following its launch, triggered by the sell-off of holdings by the largest whale. Simultaneously, users encountered difficulties accessing their airdropped tokens. According to BaseScan data, shortly after the airdrop, the largest holder, “Murphys1d,” swiftly disposed of over 55,000 units of the newly issued…
Bitcoin’s price has surged impressively, now hovering around $63,200, with recent peaks reaching $64,446. This upward momentum is not isolated but rather part of a broader trend, evidenced by the global cryptocurrency market cap swelling to $2.36 trillion, marking a remarkable 7% increase over the past day alone. Several influential factors underpin this surge. Firstly,…
Baroness Stowell of Beeston’s advocacy, voiced on May 2nd, highlights a pressing concern regarding the UK’s AI market. As a distinguished member of the House of Lords, she called upon the British government to adopt a more proactive approach toward resolving copyright concerns and promoting equitable competition within the AI sector. This call to action…
In light of recent actions by the U.S. government aimed at crypto mixers, Edward Snowden, renowned for his whistleblowing activities and staunch advocacy for cryptocurrencies, issued a poignant message via X on Thursday. He implored Bitcoin developers to place greater emphasis on enhancing privacy within the cryptocurrency’s protocol. Snowden emphasized that the window of opportunity…
According to a recent report from CoinTelegraph, the Nigerian Securities and Exchange Commission (SEC) is scheduled to convene meetings with various cryptocurrency exchanges. The objective of these discussions is to delve into the current landscape of crypto regulation within the African nation. This development follows closely on the heels of significant regulatory actions undertaken by…