In a bold move aimed at safeguarding consumers, the FCA added 145 digital asset companies, including major exchanges Huobi-owned HTX and KuCoin, to its warning list. This decision follows the FCA’s expansion of regulations to include cryptoasset service providers, regardless of their geographical location. Cracking Down on Crypto The United Kingdom’s Financial Conduct Authority (FCA)...Read More
Upbit, a South Korean cryptocurrency exchange, faced over 159,000 hacking attempts during the first half of 2023, as reported by its operating company, Dunamu. This figure represents a significant surge, with a 117% rise compared to the same period in 2022 and an astounding 1,800% increase compared to the first half of 2020. Upbit is...Read More
Coinbase’s Ethereum layer-2 protocol, Base, has recorded a significant rise in its total value locked (TVL) once again, hitting $558 million this time. According to data from Ethereum layer-2 analytics platform L2Beat, Base’s TVL surged by more than 25% in the past seven days, surpassing Matter Labs’ zero-knowledge (zk) rollup tech-powered scaling solution, zkSync Era,...Read More
Charles Hoskinson, the founder of the Cardano blockchain, has slammed the mainstream media and everyone who is trying to paint the wrongdoings of Sam Bankman-Fried (SBF), the indicted founder and former CEO of the bankrupt cryptocurrency exchange FTX, as mistakes, thereby making him look like a good man. In a recent post on X, Hoskinson...Read More
In a sudden move, Solana (SOL), one of the most talked-about altcoins currently in the market, has encountered a significant resistance that has halted its upward journey. Interestingly, the current bearish rally is echoing the turbulence of March 2022 as this week saw the largest inflow for Solana since 2022. This was mainly due to...Read More
In the fast-paced world of cryptocurrencies, Bitcoin halving events are significant milestones that grab the attention of investors, traders, and enthusiasts worldwide, leading to speculation and anticipation among the community. Changpeng Zhao recently shared his thoughts and observations on the dynamics and sentiments surrounding Bitcoin halvings based on his experiences during the past three events....Read More
[PRESS RELEASE – Zug, Switzerland, October 9th, 2023] Islamic Coin, the Shariah-compliant crypto making headlines throughout the world has announced it is listing on KuCoin – one of the world’s largest crypto exchanges. The long-anticipated launch on 10 October is the first listing for Islamic Coin with more in the pipeline. “We are excited about...Read More
The crypto sector is always evolving with different cryptocurrencies that can give high returns. Meanwhile, analysts have picked Stacks, Aave, and Tradecurve Markets as three tokens to buy for massive gains in Q4 2023. Let’s find out why. >>Register For The Tradecurve Markets Presale<< Stacks (STX) Price and Trading Volume Skyrockets Stacks (STX) is a...Read More
Despite an overall depressed market and now the specter of another war as tensions escalate in the Middle East, crypto experts and executives remain confident for the future. Many have been sharing their thoughts recently, and the Bitcoin halving narrative seems to be strengthening. There are various counters, but the general consensus is that this...Read More
Federal prosecutors in the ongoing fraud trial of ex-FTX CEO Sam Bankman-Fried have requested that the judge exclude any discussion of Bankman-Fried’s investment in Anthropic, an AI company. This request comes in light of recent media reports about Anthropic’s fundraises from tech giants Google and Amazon, potentially benefiting victims of the FTX collapse. Creditors Optimistic...Read More
In late September, HTX – Huobi’s rebranded global exchange – was hit by an attack that left it almost $8 million in the hole. The attacker made off with 4,997 ETH, worth about $7.9 million, from the exchange’s hot wallet. At the time, HTX CEO Justin Sun stated that the identity of the attacker had...Read More
Recent research conducted by the crypto market intelligence firm Messari has revealed that crypto fundraising in the third quarter of 2023 declined to levels last seen in the final quarter of 2020. According to the State of Crypto Fundraising report, the last quarter recorded new lows in both funding amounts and deal counts. The overall...Read More
As of 9 October at 04:00 UTC, a new WSM listing – WSMUSDT – is available to trade on BitMEX, and with up to 10x leverage. For the lowdown on the latest Wall Street Memes’ listing, read on. If you haven’t signed up for a BitMEX account yet, we’re currently offering up to 10,000 BMEX...Read More
