Are Hamas terrorists really raising tens of millions of dollars using crypto? Blockchain surveillance experts at Elliptic say the truth is a bit more nuanced. The firm released a blog post on Wednesday dissecting prior claims from the Wall Street Journal about crypto being a major source of financing for the organization, which were later...Read More
Crypto hardware wallet manufacturer Ledger has rolled out a new feature called Ledger Recover, which allows users to back up their recovery seed phrases. Meanwhile, the initial announcement saw pushback from the crypto community, who criticized the service, with the formal launch still not welcome by users. Ledger Recover Goes Live Ledger announced the launch...Read More
Polygon Labs has announced that the POL token upgrade is now live on the Ethereum mainnet. The upgrade to POL has been initiated on the Ethereum mainnet following several months of development, community consultation, and a successful testnet launch. POL Token Upgrade Goes Live Even though POL has been deployed on the mainnet, this does...Read More
BitMEX co-founder Arthur Hayes published another macro-economic breakdown on Tuesday, focusing on why Bitcoin’s price suddenly surged this week. The analyst argued that now is the best time for crypto traders to step out of US Treasuries, and back into BTC. The Speech That Pumped Bitcoin According to Hayes, the crypto community has falsely attributed...Read More
The cryptocurrency market has experienced significant growth, with Shiba Inu (SHIB) gaining attention due to its unique features and growing popularity. This article explores the recent price surge of SHIB due to its announcement as collateral on Binance and its potential impact on the crypto ecosystem. Shiba Inu (SHIB): An Overview Before we delve into...Read More
Founder and CEO of crypto custodian Fortress Trust, Scott Purcell, has stepped down from his position nearly a month after major blockchain firm Ripple canceled its proposed acquisition of the company. Fortress also reportedly reduced its workforce after suffering a previous hack incident. Fortress CEO Leaves Company Scott Purcell has resigned from his CEO position...Read More
The Securities and Exchange Commission (SEC) has announced that it has charged BlackRock, one of the world’s largest investment management firms, for misleading investors by inaccurately describing its investments in the entertainment sector. The agency found that BlackRock failed to disclose certain risks associated with its investments, leading investors to make decisions based on incomplete...Read More
[PRESS RELEASE – SYDNEY, New South Wales, October 25th, 2023] In the dynamic landscape of modern investment, Bavarsis stands as a beacon of innovation and opportunity. This company is not just user-friendly; it combines the power of Artificial Intelligence (AI) and trading bots to enable lightning-fast arbitrage trading, offers a flexible approach, a wide array...Read More
Maestro, one of the largest Telegram bot projects in the crypto ecosystem, fell victim to a critical security breach earlier today, resulting in the unauthorized transfer of more than 280 ETH, amounting to a staggering $500,000, from user accounts. The breach stemmed from a critical vulnerability discovered in its Router2 contract, leaving the project in...Read More
The spot ETF bungle in the United States continues as BlackRock’s IBTC vanishes then appears again on the Depository Trust and Clearing Corporation website. The subsequent developments have managed to sway Bitcoin’s price rather violently since, traditionally, these steps by DTCC are executed immediately prior to the product launch. It is important to note that...Read More
FTX Trading is now at a crossroads as it evaluates offers from three prospective bidders to resurrect its operations after falling into bankruptcy amidst a storm of fraud allegations. The fate of this once-pioneering exchange will be decided by mid-December, according to Mr. Kevin Cofsky, the company’s investment banker from Perella Weinberg Partners. FTX Contemplates...Read More
There’s a new twist in the ongoing legal showdown between Ripple and the U.S. Securities and Exchange Commission (SEC). Pro-XRP lawyer Fred Rispoli reveals that the SEC could refile charges against Ripple executives if they succeed in their appeal. SEC May Reconsider Charges Against Ripple Execs if Appeal Succeeds In a recent post made by...Read More
Prominent decentralized crypto derivatives exchange dYdX has unveiled the open-source code for its upcoming version 4. The new dYdX Chain – based on the Cosmos SDK and Tendermint Proof-of-stake consensus protocol – is expected to offer transactions of up to 2,000 per second. This is essentially the initial phase of the v4 upgrade, as the DEX...Read More
Bitcoin mining stocks have been among the stock market’s best performers all year. The situation got even better since the start of the week as several miners rallied double digits. The surge in the cryptocurrency market this month rallied the price of Bitcoin and other cryptocurrencies. That includes an increasingly dominant Bitcoin market cap, as...Read More
During the early days of the latest crypto winter, BlockFi was one of the first major platforms to go bust following the collapse of TerraUSD. At the time, a shaky BlockFi was “rescued” by FTX, who offered the beleaguered crypto company a $400 million line of credit to keep it from collapsing. However, this solution...Read More
Marinade Finance, the largest decentralized finance (DeFi) protocol on the Solana blockchain, has recently initiated a process to block access for users based in the UK. This decision follows a similar action by Orca Finance and is responding to “compliance concerns” related to the Financial Conduct Authority (FCA) regulations. Marinade Finance Blocks UK Users Marinade...Read More
