Elon Musk has reacted to rumors that his ‘X’ platform (formerly known as Twitter) is reportedly looking to build a trading hub on the site, allowing for the trading of cryptocurrencies like Dogecoin.  The Backstory Behind The Dogecoin Rumor Media outlet Semafor earlier reported, citing documents and sources familiar with the situation, that Musk’s X […]

Baldur’s Gate III, the latest addition to the iconic Baldur’s Gate series, has been making headlines for its gameplay and immersive storyline. But it’s not just gamers who are excited about the game’s potential impact.  Recently, Charles Hoskinson, founder of the cryptocurrency platform Cardano (ADA), made a tongue-in-cheek comment about the game, saying that he […]

New York Attorney General Letitia James has reportedly launched an investigation into Digital Currency Group (DCG), the parent company of Genesis, a cryptocurrency firm that has been facing financial troubles. Related Reading: Coinbase’s Q2 Earnings Report Shows The Crypto Exchange Performed Better Than Expected Alleged Investigation Into Digital Currency Group Business Practices And Compliance According […]

Coinbase, the largest cryptocurrency exchange in the United States, in its second quarter earnings report, announced a total revenue of $708 million for the second quarter of the year. The platform’s revenue in Q2 exceeds market estimates by over 12%, although interest income generated from USDC stablecoin amounted to $151 million, down by about 24% […]

Following President Putin’s digital ruble bill endorsement on July 24, the Bank of Russia (BoR) has ramped up its Central Bank Digital Currency (CBDC) launch plans. On August 3, the bank unveiled the corporate identity of the digital ruble. Also, the central bank published the commission fee rates for digital ruble transactions. Russia Unveils Digital Ruble […]

According to an analyst, there may be a pattern of the Open Interest and Bollinger Bands that Ethereum has followed in recent years. Ethereum Open Interest & Bollinger Bands May Have Correlation As explained by an analyst in a CryptoQuant post, the pattern of the ETH Open Interest and Bollinger Bands may be used to […]

In a startling revelation during Coinbase’s Q2 earnings call, CEO Brian Armstrong revealed that Binance, the world’s leading cryptocurrency exchange, has liquidated its entire holdings of the stablecoin USDC. This unexpected disclosure comes as a surprise, prompting a flurry of speculation and analysis about Binance’s motivations and the potential implications for the stablecoin market. “USDC […]

The United States Securities and Exchange Commission (SEC) has taken action to freeze the assets of Utah-based crypto firm Digital Licensing Inc., alleging involvement in a $50 million fraudulent crypto scheme. The SEC initiated an urgent legal intervention against Digital Licensing Inc., operating under the name “DEBT Box,” as well as its four principals and […]

Ukraine’s governmental data reveals a notable shortfall in the national budget of over $80 million during the past 10 years because of the non-compliance of cryptocurrency exchanges operating within the country.  The Bureau of Economic Security (BEB) of Ukraine recently notified that these unrelated crypto exchanges have led to the loss of at least 3 […]

Ukraine’s governmental data reveals a notable shortfall in the national budget of over $80 million during the past 10 years because of the non-compliance of cryptocurrency exchanges operating within the country.  The Bureau of Economic Security (BEB) of Ukraine recently notified that these unrelated crypto exchanges have led to the loss of at least 3 […]

Binance CEO Changpeng Zhao’s recent comment about his intention to introduce an algorithmic stablecoin into the crypto market has sparked significant discourse. A key contribution to this ongoing conversation comes from Adam Cochran, an esteemed fintech executive and business analyst. Cochran recently released a comprehensive outline, suggesting potential methodologies for launching an algorithmic stablecoin. Cochran’s […]

Cryptocurrency’s popularity surge has brought an unfortunate increase in scams and fraud targeting unsuspecting users. Binance CEO Changpeng “CZ” Zhao recently alerted his followers about a clever ploy preying on the crypto community. This activity revolves around the creation of fake wallet addresses that closely resemble the victim’s original address, resulting in a staggering loss […]

Cryptocurrency’s popularity surge has brought an unfortunate increase in scams and fraud targeting unsuspecting users. Binance CEO Changpeng “CZ” Zhao recently alerted his followers about a clever ploy preying on the crypto community. This activity revolves around the creation of fake wallet addresses that closely resemble the victim’s original address, resulting in a staggering loss […]

The cryptocurrency market is often described as the “Wild West” of finance – a vast, decentralized landscape filled with opportunity and risk in equal measure. For traders seeking to harness crypto’s explosive growth while managing its volatility, leveraged trading has emerged as a double-edged sword. Used properly, margin trading allows traders to amplify profits. However, […]

Polygon Zero has strongly asserted against developers of Matter Labs, accusing them of directly lifting a significant portion of code from the Plonky2 Library. This claim surfaced on August 3 and revolved around the alleged replication of code within the zkSync platform, an Ethereum layer-2 scaling solution driven by zero-knowledge technology.  In blockchain initiatives, it’s […]

Polygon Zero has strongly asserted against developers of Matter Labs, accusing them of directly lifting a significant portion of code from the Plonky2 Library. This claim surfaced on August 3 and revolved around the alleged replication of code within the zkSync platform, an Ethereum layer-2 scaling solution driven by zero-knowledge technology.  In blockchain initiatives, it’s […]

Ilya Lichtenstein and Heather Morgan (also known as the “Crocodile of Wall Street”), have pled guilty to the money laundering conspiracy charges leveled against them by the United States Department of Justice (DOJ). According to the statement released by the DOJ, on August 3, the couple admitted to laundering the proceeds from a hack of […]

Robinhood’s just released its second-quarter financial results, showing transaction trading revenue on the platform dropped about 18% from Q1. This comes about a month after Robinhood made the decision to delist Solana (SOL), Cardano (ADA), and Polygon (MATIC) in light of the SEC lawsuit against Binance and Coinbase. Crypto Trading Volume And Revenue Drops Robinhood […]

Polygon Zero has strongly asserted against developers of Matter Labs, accusing them of directly lifting a significant portion of code from the Plonky2 Library. This claim surfaced on August 3 and revolved around the alleged replication of code within the zkSync platform, an Ethereum layer-2 scaling solution driven by zero-knowledge technology.  In blockchain initiatives, it’s […]

Empower Oversight, a watchdog group, has released a new batch of documents obtained through a Freedom of Information Act (FOIA) request yesterday, sparking outrage in the XRP community. The documents reveal a deeper involvement of Ethereum co-founder Joseph Lubin and his company, Consensys, in the controversial June 14, 2018, cryptocurrency speech by former SEC Director […]

In what can be seen as a significant trend in the crypto world, a total of 12 applications for Ethereum futures exchange-traded funds (ETFs) have been submitted to the U.S. Securities and Exchange Commission (SEC). A series of filings from major players in the investment industry, including ProShares, Direxion, VanEck, Grayscale, Roundhill and Bitwise, await […]

The Celo Foundation has recently announced an important partnership with Google Cloud. As part of this collaboration, Google Cloud is now running a validator on the Celo network, contributing to the overall security and stability of the platform.  This development comes on the heels of a previous announcement in April, where Google Cloud and the […]

Charles Hoskinson, founder of Cardano and head of Input-Output Global (IOG), took to X, formerly Twitter, to criticize the United States’ economic policies and handling of emerging technologies. His comments came after Fitch Ratings downgraded US debt from triple-A to AA+ on August 1.  Cardano Founder Blasts The US Hoskinson pointed out the national debt of over $30 […]

As reported by Bitcoinist on August 2nd, analysts James Seyffart and Eric Balchunas from Bloomberg Intelligence have significantly increased their prediction for the approval odds of a Bitcoin (BTC) spot Exchange-Traded Fund (ETF) to 65%.  This upward revision is based on notable advancements within the industry. Notably, just a few months ago, they had assigned […]

Dogecoin, like the rest of the crypto market, has not had an easy go of it in the last week. As the bearish sentiment mounted, cryptocurrencies across the space continued to decline in price, leading to a mostly red week for the industry. However, there could be a turn in the tide for the meme […]

Binance, the world’s largest cryptocurrency exchange, has reached 150 million registered users on its platform. This new milestone comes as fresh air, especially as the exchange has faced global regulatory scrutiny in the past few months. This announcement came from CEO Changpeng Zhao (CZ), who mentioned the feat alongside other advancements made by the company […]