Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
SEC Accuses 17 People of Organizing CryptoFX Pyramid Scheme
Reading Time: < 1 minute The US Securities and Exchange Commission (SEC) has taken legal action against 17 employees of CryptoFX.
Paolo Ardoino Says It’s Difficult to Assess Halving Effect on Bitcoin Price
Reading Time: < 1 minute However, it is currently too difficult to assess the consequences of this event.
New York Jury Convicts IcomTech Promoters of Wire Fraud
Reading Time: < 1 minute A New York jury has found David Brend and Gustavo Rodriguez, two former promoters of IcomTech, an alleged crypto mining and trading company, guilty of wire fraud conspiracy.
Peter Schiff Regrets Not Buying Bitcoin
Reading Time: < 1 minute He now acknowledges that if he had followed the advice of experts and forecasters, he would have made a substantial profit by now.
Arbitrum Devs Promise to Reduce Cost of L2 Transactions
Reading Time: < 1 minute The Offchain Labs team has completed an update to ArbOS, known as Atlas, with the addition of support for BLOB transactions.
SEC Exposes CryptoFX for Operating a Fraudulent Ponzi Scheme
Reading Time: < 1 minute The US Securities and Exchange Commission (SEC) has accused 17 individuals of operating a $300 million Ponzi scheme through CryptoFX.
Franklin Templeton Says Meme Coins Could Be Used to Generate Fast Gains
Reading Time: < 1 minute American multinational investment firm Franklin Templeton has recently released an investor note discussing the concept of memecoins.
Mike Novogratz: Bitcoin Will Soar to $100,000
Reading Time: < 1 minute According to Mike Novogratz, the CEO of Galaxy Digital, the price of the first cryptocurrency is not expected to drop below $50,000 unless a major event occurs.
Bakkt’s Shares Could Be Delisted from NYSE
Reading Time: < 1 minute The NYSE has issued a warning to Bakkt, stating that if the average closing share price of the crypto custody and trading platform does not go above $1, it may face delisting.
Users Will Be Able to Use Brazil’s CBDC Offline
Reading Time: < 1 minute This feature will be particularly beneficial for residents in remote regions where internet connectivity is not stable.
Core Scientific Releases Q4 2023 Results
Reading Time: < 1 minute Crypto mining company Core Scientific has released its Q4 2023 results, revealing a decrease in year-on-year revenue and a significant reduction in net losses.
The EU Greenlights New Sanction Rules Involving Crypto
Reading Time: < 1 minute EU legislators have passed a set of regulations aimed at cracking down on violations of sanctions, particularly those involving digital currencies.
BlackRock Becomes One of the Largest Bitcoin Holders
Reading Time: < 1 minute BlackRock’s Bitcoin ETF has became one of the largest holders of digital currency.
Donald Trump: Bitcoin is an Additional Form of Currency
Reading Time: < 1 minute Former US President and Republican Party leader Donald Trump has stated that he would not interfere with their use if he were to win the November election.
Inflows into Crypto Investment Products Reach $2.7 Billion in a Week
Reading Time: < 1 minute According to a recent report by CoinShares, asset managers including BlackRock, Bitwise, Fidelity, Grayscale, ProShares, and 21Shares received a total of $2.7 billion in inflows for their crypto funds last week, setting a new record.
Users Lose $104M in Crypto Due to Phishing Attacks
Reading Time: < 1 minute An estimated 97,000 users were affected by phishing scams in the first two months of the year, resulting in a staggering $104 million in losses.
Robert Kiyosaki: Bitcoin Will Rise to $300,000
Reading Time: < 1 minute He said Bitcoin could potentially reach $300,000 by the end of December.
Ethereum Fees Reach Two-year High
Reading Time: < 1 minute The recent surge in meme coin frenzy has caused a spike in network activity, resulting in reduced inflation and a potential benefit for investors in Ethereum.
BlackRock Will Buy Spot Bitcoin ETFs
Reading Time: < 1 minute BlackRock has recently updated its filing with the SEC stating that its Global Allocation Fund may invest in spot bitcoin exchange-traded funds (ETFs).
Binance Announces Rewards for Token Listing Predictions
Reading Time: < 1 minute Binance has recently launched its Futures NEXT platform, allowing users to bet on the potential tokens for listing on the USDⓈ-M futures market.
US Prosecutors Will Challenge Do Kwon’s Extradition
Reading Time: < 1 minute The United States government is contesting the latest decision by the high court in Montenegro to extradite Do Kwon, the former CEO of Terraform Labs, to South Korea.
Do Kwon Will Be Extradited to South Korea
Reading Time: < 1 minute According to the Vijesti news outlet, Do Kwon, co-founder of Terraform Labs (TFL), will be extradited to South Korea per the decision of the High Court of Montenegro.
FDUSD Loses Peg to US Dollar
Reading Time: < 1 minute The value of First Digital USD (FDUSD), a stablecoin backed by Binance, dropped on March 5 sharply to $0.92.
ShapeShift Settles Charges with SEC
Reading Time: < 1 minute Cryptocurrency exchange ShapeShift has reached a settlement agreement with the United States Securities and Exchange Commission (SEC).
Spain Orders Worldcoin to Stop Collecting Data
Reading Time: < 1 minute The Spanish Agency for Data Protection (AEPD) issued a temporary order on March 6 to stop Worldcoin from collecting and processing data in Spain.