Cardano co-founder Charles Hoskinson blasted U.S. regulators on Monday for labeling ADA and other cryptocurrencies as unregistered securities while giving bitcoin (BTC) a “complete pass” from the same level of scrutiny. According to the developer, Bitcoin could easily meet the legal criteria of an investment contract due to the “overly broad” nature of securities laws....Read More
With growing efforts to regulate the taxation of virtual assets around the world, Spain has introduced new laws requiring residents holding crypto assets on non-Spanish platforms to declare them by March 31, 2024. The Spanish Tax Administration Agency – Agencia Tributaria – unveiled form 721, a dedicated tax declaration form for virtual assets held abroad....Read More
Charlie Munger – vice chairman of American insurance giant Berkshire Hathaway – passed away in Los Angeles on Tuesday at the age of 99, according to a company announcement. The firm said that it was advised of Munger’s death by members of his family, who say he passed away peacefully on the morning of November...Read More
Electric Capital, a prominent venture capital firm, has warned about a sophisticated scam operation targeting potential investors. Avichal Garg, Co-Founder and General Partner of Electric Capital, revealed in a recent post the alarming tactics being employed by scammers. Electric Capital Exposes Sophisticated Crypto Scam According to Garg, the fraudsters are masquerading as representatives of Electric...Read More
After being robbed of $26 million in crypto earlier this month, trading firm Kronos Research is reaching out to their hacker to negotiate. The company has offered to drop all legal charges if the hacker returns 90% of the stolen funds, leaving him ~$2.5 million to keep. The Kronos Research Hack Kronos made its offer...Read More
While the week initially kicked off with a slight dip in prices, there is now a clear push towards recovery, as seen in the price chart. Shiba Inu, in particular, has retested its support levels, attracting buyers who were eager to accumulate and drive its price upwards. It’s worth highlighting that various on-chain indicators are...Read More
Following his resignation as CEO of Binance, crypto billionaire Changpeng Zhao has now stepped down as the chairman of the board of directors at Binance.US – the exchange giant’s American arm. Binance.US confirmed CZ’s exit in a post to X on Tuesday, addressing various concerns related to the Justice Department’s historic settlement with its parent...Read More
The United States Securities and Exchange Commission (SEC) has remained persistent in its search for evidence that the world’s largest cryptocurrency exchange uses a backdoor to access user assets on its American arm, Binance.US. According to a report from the Wall Street Journal, attorneys for Binance.US in the exchange’s court battle with the SEC asked...Read More
Dogecoin (DOGE) is seeing a resurgence in its popularity, with its on-chain activity spurring up with activity after a period of relative lull. The number of addresses holding Dogecoin (DOGE) surpassed five million on November 27th, marking a significant milestone. According to data from on-chain analytics firm IntoTheBlock, this surge in adoption is accompanied by...Read More
A majority of Bitcoin holders are currently seeing positive returns on their investments, but they have refused to realize their gains. According to this week’s edition of the Bitfinex Alpha report, more than 83% of BTC supply is currently held at a profit. This is the most substantial percentage in profit since November 2021, when...Read More
Analyst Crypto Capital Venture is bullish on the future of Cardano (ADA) and explained how the price has barely reacted to major legal actions from the SEC. Titan of Crypto, a notable social media trader, also noted that Bitcoin (BTC) could reach a significant milestone before its next halving. On the other hand, Everlodge (ELDG)...Read More
Arthur Hayes, the founder of the BitMEX crypto exchange network, issued a statement expressing his perspective on the unfair treatment of Changpeng Zhao (CZ), the co-founder and former CEO of Binance, by American authorities. Hayes criticized the treatment, deeming it absurd and inconsistent, emphasizing that it only highlights the arbitrary nature of punishment. BitMEX Founder...Read More
Prominent blockchain analytics platform Nansen announced the launch of Nansen 2, which represents an upgrade to its tool suite. This latest version aims to reveal previously undisclosed insights, assisting blockchain innovators – particularly investors – in accessing data more efficiently. According to the official press release shared with CryptoPotato, Nansen 2 introduces significant improvements to...Read More
Facing a rejection in August, the UNI token price failed to surpass the $6.680 mark, resulting in a huge pullback. Falling to the bottom levels of $4, the more than 40% pullback led to a medium-term consolidation range. Trading between the $4 and $4.90 levels, the consolidation range coiled up too much trend momentum. With...Read More
Shiba Inu (SHIB) and Ripple (XRP) have witnessed an increase in their trading volume, fueled by the overall price increase. According to the on-chart data, both cryptos indicate bullish signs. Even though this is the case, Meme Moguls (MGLS) is still getting primary attention from whales, as the presale has rocketed in popularity. Can Shiba...Read More
A United States district judge issued an order temporarily preventing former Binance CEO Changpeng Zhao from returning to the United Arab Emirates (UAE) before his sentencing in February 2024. Zhao previously pleaded guilty to charges relating to anti-money laundering violations. Judge Richard Jones of the U.S. District Court for the Western District of Washington at...Read More
The ever-growing popularity of cryptocurrencies has continued to attract new investors looking to participate in the industry. However, these new investors often cannot interact with numerous crypto platforms due to the high entry barriers, including lengthy registration processes. To unlock the potential of mainstream crypto adoption, the industry has to solve the problem of reducing...Read More
A new listing featuring – SUPER – the token of SuperVerse will be available to trade on BitMEX, and with up to 10x leverage from tomorrow. For the lowdown on the latest listing, read on. If you haven’t signed up for a BitMEX account yet, we’re currently offering up to $5,000 in BMEX Tokens for...Read More
