Bitcoin ETF applicant VanEck has pledged to donate 5% of its fund’s profits to Bitcoin Core developers, pending approval to launch by the U.S. Securities and Exchange Commission (SEC). The commitment could serve as a major lifeline for developers of the first crypto network, who are known to suffer a dearth of funding or financial...Read More
ACE Exchange, one of Taiwan’s largest crypto trading platforms, is reportedly under investigation for alleged fraudulent activities, with local authorities estimating the value of the fraud to be over $32 million. However, the company clarified that its employees were not involved in the alleged fraud case. ACE Exchange Founder Arrested for Fraud Allegations According to...Read More
In January of 2023, YouTuber CoffeeZilla posted a three-part series on Logan Paul’s CryptoZoo project. To participate in the upcoming game of the same name, customers had to purchase egg NFTs, which would then hatch, allowing the purchaser to play with and breed the animal. Rumors of a Rugpull However, the social media accounts associated...Read More
[PRESS RELEASE – Dublin, Ireland, January 5th, 2024] The web extension, patented in the U.S. and U.K., is now available for pre-order in a limited, pre-sale event. Lack of online data security globally In today’s almost entirely digitised, cyber world, it’s imperative that private data and passwords remain secure and protected at all times. According...Read More
Several crypto exchanges have joined the Bitcoin Ordinals solutions provider, UniSat Wallet, to support the upcoming BRC-20 Ordinals Jubilee upgrade amid growing friction within the BTC community. According to an official announcement, KuCoin will be among those. The exchange’s decision comes within 24 hours after OKX informed the crypto community about its support as well....Read More
The US Securities and Exchange Commission (SEC) is about to make an important decision on Bitcoin exchange-traded funds (ETFs). In the past, the SEC said no to all ETF requests, but now there’s a chance they might say yes. Analysts think that one or more proposals could get approved as soon as Friday. People around...Read More
Bitcoin saw the largest surge in transactions exceeding $100,000 in almost two years. According to prominent crypto analyst Ali Martinez, the 16,900 large transactions on January 4th can be used as an indicator of whale activity in the Bitcoin market, providing valuable perspectives on the potential positions of these influential participants in the crypto market....Read More
Prominent blockchain security firm CertiK’s X account (previously Twitter) was hacked on January 5th. The compromised account, with a follower count of 342,900, stole crypto from users’ wallets through carefully disguised phishing links. One of the links posted falsely asserted that a vulnerability had been identified in Uniswap’s router contract. The misleading tweet urged users...Read More
Bitcoin bounced back from the flash crash earlier this week after reports on the potential rejection of a widely anticipated spot ETF approval in the US. While investors have maintained a positive outlook, BitMEX founder Arthur Hayes has offered a cautious perspective on the future of the asset. In fact, the prominent commentator is gearing...Read More
Bitrue, established in 2018, is a global top-10 cryptocurrency trading platform. As of now, the platform serves over 10 million users worldwide, spanning 100 countries and regions, including Europe, Japan, South Korea, SEA, Hong Kong, Taiwan, etc. Bitrue is among the earliest platforms globally to offer XRP contract trading, boasting a third of global XRP...Read More
The crypto community is abuzz with speculation over the imminent approval of multiple spot Bitcoin ETFs by the U.S. Securities and Exchange Commission (SEC) as soon as Friday. Tweets and hints from key figures in the industry, including one from TechCrunch reporter Jacquelyn Melinek, have fueled this speculation. Crypto Community Buzzing with Speculation of Approval...Read More
Ethereum’s recent lackluster price movement had many calling it an ‘ETH death’ as rivals Solana and Avalanche skyrocketed. However, the fourth quarter layer-1 rotation was similar to that in 2021, observed crypto analyst ‘Metaquant’ on Jan. 5. Moreover, Solana and Avalanche are slowing down after weeks of upward price action, so where is the capital...Read More
According to FOX Business, the U.S. Securities and Exchange Commission (SEC) is close to approving several spot Bitcoin exchange-traded funds (ETFs). In a series of pivotal meetings held with major stock exchanges, including the New York Stock Exchange (NYSE), Nasdaq, and Chicago Board Options Exchange (CBOE), the SEC is reportedly finalizing the review of applications...Read More
