Author: Tony Pearce
Bitcoin Miner Reserves Fall to July 2021 Levels: Report
Reading Time: < 1 minute CryptoQuant analysts have observed a decrease in digital gold reserves available to miners, reaching levels similar to those in July 2021.
South Korea Arrests Haru Invest Management Accused of $826M Embezzlement
Reading Time: < 1 minute On Monday, South Korean prosecutors announced that three executives of crypto yield platform Haru Invest, including its two co-CEOs, have been arrested and detained.
BlackRock and Fidelity Bitcoin ETFs Enter List of 10 Largest Funds by Inflows
Reading Time: < 1 minute During the month of January, two Bitcoin exchange-traded funds from BlackRock and Fidelity emerged as top performers
Fake NFT BAYC Creators to Pay Yuga Labs $9M
Reading Time: < 1 minute District Judge John F. Walter has ruled that artist Ryder Ripps and NFT marketplace Not Larva Labs founder Jeremy Cahan must pay $8.9 million to Yuga Labs in a recent trademark infringement case.
Hackers Stole $126M in Crypto in January: Report
Reading Time: < 1 minute ImmuneFi found that hackers were able to steal $126 million in digital assets, with 19 successful attacks taking place.
Visa Allows to Withdraw Funds from Crypto Wallets to Card
Reading Time: < 1 minute Visa is launching a new service for holders of digital currencies, allowing them to withdraw funds from their Bitcoin wallets to plastic cards.
Anthony Scaramucci Predicts Bitcoin Will Reach $170,000 After Halving
Reading Time: < 1 minute According to SkyBridge Capital founder Anthony Scaramucci, the cryptocurrency has the potential to reach $170,000 after the 2024 halving event.
USDC Will Become a Native Token on Celo’s Network
Reading Time: < 1 minute The Celo Foundation has announced that Circle’s USD Coin (USDC) will be launching natively on the Celo blockchain.
dYdX Chain Adds Support for Liquid Staking
Reading Time: < 1 minute The team working on the development of the Cosmos-based dYdX Chain L1 network has recently introduced a new feature that enables liquid staking of the platform’s native DYDX token.
Peter Schiff: Bitcoin Will Hit $10 Million
Reading Time: < 1 minute Last week Schiff stated that Bitcoin could potentially reach $10 million by 2031.
Court Sentences OneCoin Lawyer to 10 Years in Prison
Reading Time: < 1 minute A federal judge has sentenced an attorney involved in the OneCoin cryptocurrency scam to 10 years in prison after a hearing on January 25.
US Treasury’s Plans Will Impact Bitcoin, Experts Say
Reading Time: < 1 minute According to QCP Capital analysts, the Federal Reserve meeting on January 31 and the release of the US Treasury’s borrowing plans could impact the liquidity volume and consequently, the movement of the first cryptocurrency.
North Korean Hacker Attacks to Crypto Platforms Fell in 2023
Reading Time: < 1 minute According to Chainalysis, in 2023, hackers from North Korea stole approximately $1 billion worth of cryptocurrencies through 20 hacks.
Crypto ETFs Purchase More Than 95,297 Bitcoins: Report
Reading Time: < 1 minute According to a recent report by Coinshares, as of January 11, 2024, spot cryptocurrency exchange-traded funds (ETFs) have acquired more than 95,297 Bitcoin.
Coinbase Says US Manipulates Facts About Cryptocurrencies
Reading Time: < 1 minute Paul Grewal, the top lawyer at crypto exchange coinbase, expressed his disapproval to the US Government Accountability Office (GAO) report on the use of cryptocurrencies to evade sanctions.
Losses in BNB Chain Network from Hacks Falls 85%
Reading Time: < 1 minute According to AvengerDAO’s report, the financial losses in BNB Chain’s blockchain due to security breaches decreased by 85%, from $1.11 billion in 2022 to $161 million in the previous year.
MetaMask Adds Ethereum Validator Staking Feature
Reading Time: < 1 minute The MetaMask non-custodial wallet team has added a new feature that allows users to participate in validator staking without needing to run a node.
Tether-owned Bitcoins Reach $2.8B
Reading Time: < 1 minute At the end of the fourth quarter of 2023, Tether purchased an additional 8,888 BTC worth $380 million. This brings their total Bitcoin holdings to 66,465 BTC.
Ethereum Will Overtake Bitcoin’s Price Growth: Opinion
Reading Time: < 1 minute According to a report by QCP Capital, in the near- to medium-term, Ethereum is expected to have a stronger price growth than Bitcoin.
Binance Adds Futures to its Copy Trading Feature
Reading Time: < 1 minute Responding to the significant demand from its users, Binance has now expanded its copy trading feature to include futures trading.
Blast Team Announces Testnet Launch
Reading Time: < 1 minute Recently, Blast’s second-tier solution went live with a test network on January 16, and a developer competition was launched simultaneously.
Taiko Launches its Final Testnet
Reading Time: < 1 minute Taiko, a scaling solution built on Ethereum’s Layer 2, has released its Katla (Alpha-6) testnet, paving the way for the launch of the mainnet.
BlackRock CEO: There is Value in Spot Ethereum ETFs
Reading Time: < 1 minute Larry Fink, the head of financial giant BlackRock, expressed his belief in the potential value of a spot ETF based on the second largest cryptocurrency by market capitalization.
JPMorgan CEO: Bitcoin Is Not Backed By Anything
Reading Time: < 1 minute Dimon believes that Bitcoin is not backed by anything tangible and can only be used for speculation and criminal activities.
Robinhood Lists Recently Approved Spot Bitcoin ETFs
Reading Time: < 1 minute Robinhood has announced it now offers all 11 spot Bitcoin exchange-traded funds for both retirement and brokerage accounts.