Showing posts from August, 2023Show all

Sam Bankman-Fried’s Defense Strategy Draws Scrutiny From DOJ: Report

The US Department of Justice (DOJ) is seeking additional disclosures about Sam Bankman-Fried’s planned defense. According to a Tuesday filin...


SEC Delays Upcoming ETF Decision For Blackrock and Others

As expected by analysts, the Securities and Exchange Commission (SEC) has again delayed its upcoming decision on whether to approve a slew o...


Binance to Discontinue BUSD Support in Q1 2024

Crypto exchange giant Binance will stop support for BUSD by 2024 after Paxos halted minting the stablecoin following a regulatory clampdown....


Not All Whales Make Money; This One Lost $5M During Market Crashes

In a surprising turn of events, a cryptocurrency whale has reported massive losses for going into long positions. Lookonchain detailed that...


Bitcoin Loses $1K From the Grayscale-Induced Peak, Solana Retraces 4% (Market Watch)

After charting a two-week high above $28,000 on the wings of Grayscale’s court win over the SEC, bitcoin has started to lose traction once m...


SBF Trial May Request Trial Postponement, Must Do So By Next Week

Since his bail was revoked, Sam Bankman-Fried has been pleading for everything between “temporary” re-release, more computers, and more time...


Binance Japan to Bring the Total Number of Supported Cryptocurrencies to 100 (Report)

The Japanese subsidiary of Binance will reportedly provide trading services with additional digital currencies in the near future.  The cry...


Circle’s USDC Stablecoin Coming to Coinbase’s Base Next Week

After two years of split governance, the cooperation between the two companies has culminated in a new agreement, with Coinbase even acquir...


New Sonik Coin (SONIK) Presale Powers to $750,000 Milestone, 5 Days Remain

New meme crypto Sonik Coin (SONIK), which began its presale in mid-August, has now raised over $750,000 and ends in just five days time, or ...


Nearly 30K Bitcoins Transferred to Crypto Exchanges Ahead of Grayscale Win: Data

After weeks of sluggish price movement, the cryptocurrency market breathed a sigh of relief owing to Grayscale’s significant victory against...


BTC Tapped 2-Week High But These Alts Gained the Most After Grayscale’s Win Over SEC (Market Watch)

Following days and days of sluggish price performance, bitcoin finally went on the offensive yesterday, gaining more than $2,000 in hours fo...


No Concerning Sign for Ethereum Amid ETH’s Price Surge Beyond $1,700: Data

2022’s bloodbath and the subsequent market corrections, especially the sell-off in August, intensified Ether’s downside pressure. The world’...


a16z-Backed Crypto Exchange CoinSwitch Dismisses 7% of its Workforce (Report)

CoinSwitch – an Indian cryptocurrency exchange backed by the financial giant Andreessen Horowitz (a16z) – has reportedly trimmed its team by...


Court Blasts SEC’s “Unreasonable” Denial Of Grayscale’s Bitcoin Spot ETF

The U.S. Court of Appeals for the D.C. Circuit has released its full letter explaining its decision to rule in Grayscale’s favor in its laws...


XRP Struggles Amid Critical Support: Ripple Price Analysis

Ripple’s price has been mostly bearish over the past few weeks following a rejection from the critical resistance level of $0.9. XRP has als...


Mutiny at ‘Bitboy’ Crypto? Everything You Need to Know About the ‘Coup’

Ben Armstrong – the face of ‘Bitboy’ crypto – has been a scandalous figure in the industry. From endorsing high-risk investments to accusati...


Brad Garlinghouse Reveals How Ripple Will Celebrate its Massive Victory Against SEC

Ripple Labs is gearing up for a celebration after its significant win against the Securities and Exchange Commission (SEC) in New York City,...


In a First for NFT Sector, SEC Charges Impact Theory Over Unregistered Securities

The United States Securities and Exchange Commission (SEC) brought its first enforcement action against a player in the non-fungible token (...


South Korean Crypto Exchanges Should Have Reserves of at Least $2.3 Million (Report)

The Korea Federation of Banks (KFB) reportedly intends to require domestic cryptocurrency exchanges to hold at least 3 billion won (around $...


Here is How Much Shiba Inu (SHIB) Left Exchanges in the Past Week

The crypto analyst going on X (formerly Twitter) under the name Ali revealed that investors have withdrawn a substantial amount of two trill...


Shiba Inu’s Shibarium Officially Live But SHIB Price Suffers

Shytosi Kusama, the lead developer at Shiba Inu, has recently proclaimed that Shibarium, an L2 scaling solution from the Shiba Inu blockchai...


PEPE’s Weekly Losses Exceed 20%, BTC Slips Below $26K (Market Watch)

Bitcoin’s sluggish price performance continues, but this time, the asset has lost a few hundred dollars and trades just below $26,000. Most...


Ethereum Co-Founder Vitalik Buterin Makes Another Multi-Million Dollar ETH Transfer

In a recent move, the co-founder of Ethereum, Vitalik Buterin, transferred 3,000 ETH, equivalent to approximately $4.9 million, to a Vb 2 la...


OnlyFans Diversifies Investment Portfolio With Ethereum (ETH)

In a recent financial report, adult content subscription service OnlyFans revealed that it had invested a portion of its working capital int...


Ripple (XRP) Attracts South Korea’s Young Investor Crowd: Report

Even as XRP encountered considerable upheaval due to escalating regulatory challenges, South Korean investors have remained unfazed. In fact...


Thailand’s Parliament Picked a Pro-Crypto Prime Minister

The government of Thailand voted in favor of Srettha Thavisin (candidate of the Pheu Thai Party) to become the country’s next Prime Minister...