(Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.) I recently went kitesurfing in Fuerteventura, one of the Canary Islands that is technically part of Spain. If you...Read More
Nathaniel Chastain – former head of product at the NFT marketplace OpenSea – will spend three months in jail after being found guilty of insider trading. Prosecutors maintained that he bought numerous non-fungible tokens before they were featured on the platform’s home page and later sold them at much higher prices. Chastain maintained he was...Read More
In a move to bring back dollar transactions for US customers, Binance.US, the American subsidiary of the world’s largest cryptocurrency exchange, has inked a new partnership deal with crypto payments startup MoonPay. Binance.US, which is in an ongoing legal battle with the Securities and Exchange Commission (SEC), suspended USD deposits for users in the United...Read More
The founder of FTX – Sam Bankman-Fried (SBF) – has reportedly pleaded not guilty in a Manhattan federal court to seven criminal charges in a new indictment. This was his first appearance since his bond was revoked earlier this month, leading to his imprisonment. SBF is expected to spend the days until his trial in...Read More
On Aug. 22, Balancer Labs stated that it had received a “critical vulnerability report affecting a number of V2 Pools.” The firm went on to warn that it had taken action, but funds may be at risk. “Emergency mitigation procedures have been executed to secure a majority of TVL, but some funds remain at risk.”...Read More
Crypto enthusiasts are buzzing with anticipation as XRP seems to approach its third bullish golden cross in history. A golden cross is often used when shorter moving averages surpass or cross long-term moving averages, indicating movement from bearish to bullish. Popular analyst Egrag Crypto on Twitter recently mentioned that the XRP community should prepare for...Read More
Hangzhou unveils a blockchain-based data exchange platform aimed at revolutionizing enterprise IT data trading. Developed by officials in the city’s High-tech Zone, the avant-garde platform is expected to redefine the way businesses handle data. Chen Chun, an academician of the Chinese Academy of Engineering, describes the new platform as a pivotal development for enterprise data...Read More
Cardano’s founder, Charles Hoskinson, believes the United States Securities and Exchange Commission (SEC) will not come after the project’s native token, ADA. During a recent YouTube interview on Corey Costa’s Crypto Coins, Hoskinson pointed out that there has been no enforcement action against ADA so far, and that would not change because the asset was...Read More
Roman Semenov, the co-founder of Tornado Cash, a decentralized privacy solution for Ethereum, has been added to the US Office of Foreign Assets Control’s (OFAC) list of Specially Designated Nationals and Blocked Persons (SDN). The OFAC list is used to target individuals and entities suspected of being involved in activities that threaten US national security,...Read More
Bitcoin plunged below the $26,000 level on Wednesday extending monthly losses to nearly 15% but it has never been more difficult to mine the leading crypto-asset. Despite a severe drawdown in price, Bitcoin’s network fundamentals have largely refrained from following the same trajectory. In fact, Bitcoin’s mining difficulty has reached an all-time high of 55.62...Read More
Binance, one of the world’s leading cryptocurrency exchanges, will soon remove several spot trading pairs from its platform. The removal will take effect on August 25, 2023, at 03:00 (UTC). Binance users are advised to take note of this change and make any necessary adjustments to their trading strategies. The trading pairs that will be...Read More
[PRESS RELEASE – Dubai, UAE, August 23rd, 2023] The winning helmet design will be showcased at the prestigious Abu Dhabi Grand Prix Binance, the global blockchain ecosystem behind the world’s leading cryptocurrency exchange, today announced its partnership with BWT Alpine F1 Team driver Pierre Gasly. As part of this collaboration, Binance is launching a contest...Read More
Brad Garlinghouse, the CEO of Ripple, and Chris Larsen, the executive chairman, have notified the court that they would be out of the office for two weeks in April. This choice was made in accordance with the court’s instructions on the final pretrial meeting time and date and the final order. Notably, the Ripple executives...Read More
The violent sell-off last week spurred by the deleveraging event has taken a serious toll on short-term Bitcoin holders making for the largest single-day down move YTD. This subsequently pushed prices below the ‘Short-Term Holder’ cost basis. Recent data suggest that a significant portion of the short-term holder supply is currently being held at an...Read More
While many believe the 2022 bear market is over, bitcoin recently dumped further south, and now some analysts are speculating that the asset could fall to lows unseen for years. The metrics that could forecast this are the Volume Weighted Average Price (VWAP) and the Volume Profile Visible Range (VPVR). Recall that BTC became the...Read More
[PRESS RELEASE – Zürich, Switzerland, August 22nd, 2023] In a significant move that promises to redefine the dynamics of cryptocurrency trading, Cookielabs is about to reaveal its latest innovation: a decentralized on-chain research, analytics, and trading platform tailored for professional traders. This ambitious project, two years in the making, is set to bridge the best...Read More
Miami Mayor and Presidential Candidate Francis Suarez has expressed interest in taking his salary in Bitcoin if elected President. Suarez, who is already doing so as mayor, believes it would be a “fun” move to make as president. The statement was made during a podcast interview with The Block. While some politicians have expressed skepticism...Read More
Over the past couple of months, the SEC has gone all-in on crypto platforms, filing lawsuit after lawsuit to varying degrees of success. The defendants in these lawsuits range from major league players such as Binance, Coinbase, and Gemini to small fry such as Titan, who have been accused of fudging their numbers, failing to...Read More
