November 23, 2023

What Kraken Co-Founder Had to Say About Binance’s Settlement

In his latest remarks, Kraken co-founder Jesse Powell spoke about the current state of the cryptocurrency industry amidst a backdrop of significant regulatory actions. Powell’s comments came shortly after a settlement between Binance and the U.S. Department of Justice, resulting in a $4.3 billion fine for Binance. Jesse Powell Critiques Regulatory Landscape In a recent...
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Bitcoiner Overpays $3.1 Million In Largest Ever Transaction Fee

An unknown Bitcoin (BTC) user paid an 83.6 BTC ($3,136,058) transaction fee while moving his coins on Thursday, marking the largest transaction fee the network has ever recorded in dollar terms. The total size of the transaction was 139 BTC ($5,198,720.84), meaning less than half of the transfer (55.7 BTC) actually reached the recipient. Another...
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Major Bank to Launch Crypto Trading Services for Retail Customers: Report

Austria’s Raiffeisen Bank International announced its plan to offer cryptocurrency trading services to its retail customers. This pioneering step will commence by the end of January 2024, marking a new era in the bank’s 97-year history. Raiffeisen Bank to Launch User-Friendly Crypto Trading Services Austria’s Raiffeisen Bank, headquartered in Vienna, has announced its plan to...
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Will a Bitcoin ETF Approval Attract Billions Into the Market? Coinbase Says So

The prospect of a regulated spot Bitcoin ETF has roused cryptocurrency investors into a frenzied bull run. They expect an ETF product to on-ramp millions of investors in structured broker-dealer accounts. Since March, Bitcoin (BTC) has traded in a range bound by support at $25,000 and resistance at the $30,000 level. As spot ETF rumors...
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Gate.io Implements Zero-Knowledge Tech in New Proof of Reserves Method

[PRESS RELEASE – Panama City, Panama, November 23rd, 2023] Gate.io, a leading cryptocurrency exchange and Web3 innovator, has announced upgrades to its Proof of Reserves (PoR) process, which includes a new open-source method utilizing zero-knowledge technology. Following the upgrade, the PoR process will now cover the top 100 digital assets, with certificates published regularly for...
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Dogecoin Prepares For A Boost As Active Addresses Surpass 100K: Will DOGE Price Gain Old Momentum?

The price of Dogecoin experienced a decline amidst a downturn in the market. This happened due to the issues surrounding Binance on Tuesday. Despite the recent downward trend in Dogecoin’s value, there remains a bullish sentiment among its investors. They are currently facing losses but remain hopeful about a potential recovery, as indicated by their...
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Is the MATIC Bull Run Over? Sell-Off Looms as Price Lingers Below Key Zone

After an impressive run along with the rest of the crypto market, Polygon’s native token – MATIC – lost approximately 15% of its value over the past week dragging its price to $0.77. Experts suggest that this level is far below the crucial support zone. If the price continues to stay below this range, there...
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Socrates Launches Groundbreaking Social Media and Entertainment Platform for Web3 Users Globally

[PRESS RELEASE – London, United Kingdom, November 23rd, 2023] Socrates is a web3 social media and entertainment platform, combining the best of Social-Fi and Game-Fi Accessible on multiple blockchains, including Polygon, Ethereum, BNB Smart Chain (BSC), Arbitrum One & Optimism Allows anyone to participate in multiple-choice question and answers, empowering people to voice honest opinions...
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GameFi Memecoin $GFOX Debut About to Blaze Past $200K in Red Hot ICO

Just days after GameFi memecoin $GFOX surpassed the $100K level, the Galaxy Fox ($GFOX) foundation announced its presale revenue has doubled, already clearing the $200K hurdle and closing in fast on their first million. With investor confidence quickly growing in Galaxy Gox ($GFOX) – this new memecoin hybrid with GameFi utility, $GFOX appears to have...
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How to Fix Your Declining Crypto Portfolio With These 3 Coins

Every financial market experiences seasons of expansion, consolidation, and retracing. After more than two years of downturn, the cryptocurrency industry has entered yet another expansionary season. Fantastic news for cryptocurrency investors who kept their holdings through the bear market.  Bullish markets are often used by investors as a time to grow their holdings. The three best cryptocurrencies to invest...
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Crypto Degeneracy Plagues Netflix: How a Popular Director Gambled $4M on Dogecoin (DOGE)

The director of Netflix’s sci-fi series Conquest reportedly allocated $4 million from the show’s budget to invest in Dogecoin, ultimately yielding a $27 million return. Carl Erik Rinsch, known for directing “47 Ronin,” received substantial funding from Netflix for the science fiction series. However, instead of channeling these funds solely into the series, Rinsch used...
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Where’s the Bitcoin Withdrawn From Binance Going Following the DOJ Saga?

The largest cryptocurrency exchange – Binance – experienced an increase in the withdrawal of funds shortly after its chief executive, CZ, pled guilty to criminal charges. Although the mass exodus of digital assets from Binance has somewhat diminished, outflows persist. The latest data indicates a transfer of funds between Binance and Coinbase Pro. CZ pleaded...
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KyberSwap Hacked For Nearly $50 Million: There’s More to the Story

The latest in a string of DeFi platforms to be exploited, Kyber Network was attacked earlier today, with over $46 million worth of funds stolen. 🚨Urgent🚨 Dear KyberSwap Elastic Users,We regret to inform you that KyberSwap Elastic has experienced a security incident. As a precautionary measure, we strongly advise all users to promptly withdraw their...
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UNI Price Skyrockets 20% as Uniswap Governance Proposes More Voting Power 

The proposal seeks to delegate 10 million UNI from the DAO’s treasury to underrepresented delegates. The top four candidates get up to 2.5 million UNI, and the rest of the tokens will be equally delegated to other candidates. The proposal, currently in ‘temperature check’, now faces an on-chain vote before delegates would receive UNI from...
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Spot Bitcoin ETF Hopes Rise Amidst Binance Trouble and CZ’s Plea Deal: Report

Binance’s founder and former CEO, Changpeng “CZ” Zhao, pleaded guilty to violating the Bank Secrecy Act. The charges against Binance include money laundering violations, conspiracy to engage in an unlicensed money-transmitting business, and violations of US sanctions. It’s worth noting that US authorities haven’t accused Binance of misusing user funds or engaging in market manipulation....
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Bitcoin (BTC) $ 97,685.17 4.51%
Ethereum (ETH) $ 3,137.82 0.62%
Tether (USDT) $ 1.00 0.01%
Solana (SOL) $ 242.50 1.89%
BNB (BNB) $ 609.78 0.88%
XRP (XRP) $ 1.12 0.88%
Dogecoin (DOGE) $ 0.383934 2.24%
USDC (USDC) $ 1.00 0.07%
Lido Staked Ether (STETH) $ 3,136.41 0.61%
Cardano (ADA) $ 0.782285 7.12%