The US Department of Justice (DOJ) has brought charges against three people for defrauding investors of nearly $2 billion. According to the DOJ, the individuals promoted a fraudulent cryptocurrency investment program that promised investors high returns. A $1.89 Billion Crypto Scam In a press release on Jan. 29, 2024, the DOJ said that Sam Lee,...Read More
Mark Cuban recently took to X on Monday afternoon for a spontaneous Ask Me Anything (AMA) session with his 8.8 million followers, where he touched on various topics, including crypto-related ones. When asked about his preferred cryptocurrency ventures beyond Bitcoin and Ethereum, Mark Cuban highlighted Polygon and Injective, declaring, “I’ve invested in both (DYOR).” Dallas...Read More
German police officers executed a historic crypto seizure earlier this month, claiming over 50,000 Bitcoin (BTC) from two aged men for copyright law violations over a decade ago. Worth $2.1 billion at today’s price, the action represents the largest ever Bitcoin seizure for German authorities, and one of the largest ever executed by law enforcement...Read More
The market share of the world’s largest cryptocurrency exchange Binance has recovered significantly after plunging in the second half of 2023 due to several factors, including a massive settlement with U.S. regulators two months ago. According to a tweet from crypto market data provider Kaiko, the market share of the leading trading platform has risen...Read More
[PRESS RELEASE – GRAND CAYMAN, Cayman Islands, January 30th, 2024] In the past four months, Sui TVL has jumped by more than 1000%, vaulting the network past Base, Cardano, and Bitcoin in its meteoric DeFi rise Sui, a leading Layer 1 blockchain that was created by the team that led Meta’s Diem crypto project, continued...Read More
In a recent blog post titled “The promise and challenges of crypto + AI applications,” Ethereum co-founder Vitalik Buterin delves into the evolving relationship between cryptocurrency and artificial intelligence (AI). Acknowledging the increasing importance of both technologies over the past decade, Buterin explores potential intersections and synergies between crypto and AI. Shifting Perspectives and Intersections...Read More
In a recent development, Invesco and Galaxy Asset Management have joined the ongoing battle over fees in the spot Bitcoin ETF space. The two companies announced that the Invesco Galaxy Bitcoin ETF (BTCO) will now have an expense ratio of 0.25%, reduced from its previous 0.39%. The fund will waive its fees for the initial...Read More
Ethereum is among the cryptos that trade with acute strength, maintaining a significant upswing ever since the trend flipped at the beginning of 2023. The bullish push in the last few weeks has induced notable strength in the second-largest token, which is again approaching the pivotal resistance level. Previously, it faced a massive rejection that...Read More
[PRESS RELEASE – Sherman Oaks, United States, January 30th, 2024] Shurick Agapitov, a visionary author and the Founder of Xsolla unveiled his groundbreaking new book, “Once Upon Tomorrow,” today. This pioneering work offers a transformative and aspirational vision of the Metaverse, contrasting markedly with mainstream narratives. Agapitov’s book is a thought-provoking journey into the possibilities...Read More
[PRESS RELEASE – Singapore, Singapore, January 30th, 2024] Decentralized derivative trading platform BBO Exchange (BBOX) has announced the successful completion of its pre-seed funding round. Co-led by prolific early-stage venture funds Hashed and Arrington Capital, the round raised $2.7 million and attracted participation from several major ecosystem players including Consensys, CMS Holdings, Flow Traders, Manifold...Read More
The industry is bustling with the trading of the newly introduced spot Bitcoin ETF in the United States, yet there’s no equivalent for Ethereum. However, Jag Kooner, Bitfinex’s Head of Derivatives, suggests that the approval of a Bitcoin ETF could impact the SEC’s view on an Ethereum ETF, likely influenced by Ether’s classification as a security...Read More
The Bitcoin network is rapidly evolving, and its on-chain fundamentals have changed completely compared to the last bull run in 2021. The two most important upgrades on the network – Taproot and SegWit – are seeing increased user adoption despite challenges in the market. According to an update by CryptoQuant CEO Ki Young Ju, Taproot...Read More
In a sea of cryptocurrency fluctuations, Kelexo (KLXO) steals the spotlight with its potent virality, outshining the struggles of Sui (SUI) and Ethereum Classic (ETC). Amidst this dynamic landscape, Kelexo (KLXO) enters its initial presale phase, offering tokens at an enticing $0.048 and captivating investors with its promising market presence and innovative features. Sui (SUI):...Read More
A new partnership with Sandwich Trading – one of the leading derivative-focused order execution and portfolio management software providers built to manage every type of crypto portfolio from simple spot holdings to complex derivatives strategies – is coming to BitMEX. With Sandwich Trading, BitMEX users will be able to simplify their crypto derivative trading by...Read More
[PRESS RELEASE – Saint Vincent, the Grenadines, January 30th, 2024] ApeX Protocol, a leading permissionless and non-custodial decentralized exchange (DEX) in the cryptocurrency market, has unveiled significant advancements aimed at fortifying its position in the decentralized finance (DeFi) space. These strategic initiatives seek to enhance the project’s standing and increase the value of its native...Read More
Bitcoin market price movements have historically followed similar patterns leading up to the four-year halving event. There is usually a mid-cycle top, then a pullback of as much as 30% before the halving and the next bull cycle. On Jan. 30, crypto analyst “Rekt Capital” said that the pre-halving period where pullbacks tend to occur...Read More
