Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
Swiss Financial Market Supervisory Authority Forces a Crypto Bank’s Bankruptcy
Reading Time: < 1 minuteFollowing an investigation by the Swiss financial regulator, FlowBank, an online Swiss bank, has been forced to declare bankruptcy due to its failure to meet required banking standards.
Paxos Plans to Cut 20% of its Staff
Reading Time: < 1 minuteStablecoin issuer Paxos has recently made the decision to lay off approximately 20% of its workforce, despite being in a strong financial position.
Biden to Accept Crypto Donations in His Campaign
Reading Time: < 1 minuteThe Biden campaign is in talks with players in the cryptocurrency industry regarding the acceptance of crypto donations through Coinbase Commerce.
MoonPay Integrates Crypto Purchases Through PayPal for British and EU Customers
Reading Time: < 1 minuteMoonPay has recently announced the addition of a new fiat on-ramp option for its customers in the European Union and the United Kingdom.
Crypto.com Obtains a Crypto License in Ireland
Reading Time: < 1 minuteIreland has granted approval to Crypto.com to register as a virtual asset service provider, permitting the cryptocurrency exchange to conduct operations in the country.
Trump Wants Bitcoin to Be Mined in the US
Reading Time: < 1 minuteFormer US President Donald Trump showed his support for bitcoin mining during a meeting with several bitcoin miners at his Mar-a-Lago resort on Tuesday night.
Worldcoin Hires Coinbase’s Former Head of Communications
Reading Time: < 1 minuteElliott Suthers, former head of corporate communications at US cryptocurrency exchange Coinbase, has been appointed as the head of communications for Europe, Middle East and Africa at Worldcoin.
Former Coinbase Executive Joins Uniswap Labs as Chief Legal Officer
Reading Time: < 1 minuteUniswap Labs has hired Katherine Minarik, a former legal executive at Coinbase, to serve as its new chief legal officer in anticipation of potential legal battles with government agencies.
Crypto Exchange Lykke Says It Was Hacked
Reading Time: < 1 minuteOn June 4, Lykke cryptocurrency exchange was impacted by an exploit, resulting in the halt of all withdrawals.
Binance’s Users Reach 200M
Reading Time: < 1 minuteBinance announced on June 8 that it had achieved 200 million users globally. No other exchange comes close to this number of users, although the reported figures are self-proclaimed.
Bitcoin’s Volatility is Approaching Record Levels
Reading Time: < 1 minuteBitcoin’s value remained mostly stagnant in the two weeks leading up to its sharp decline on June 7, reaching record lows in terms of volatility compared to any other 15-day […]
Orbit Chain Hacker Transfers $48M Through Tornado Cash
Reading Time: < 1 minuteIn the last moments of 2023, Orbit Chain, a cross-chain bridge connected to the Klaytn ecosystem, was hacked and lost $81.5 million through multiple transactions.
Franklin Templeton to Launch an Altcoin-based Fund
Reading Time: < 1 minuteAccording to anonymous sources, Franklin Templeton, a US company that offers spot Bitcoin ETFs, is considering launching a new crypto fund that would invest in tokens other than BTC and ETH.
Binance Resumes Crypto Purchases Through Mastercard
Reading Time: < 1 minuteBinance has once again made it possible for its customers to buy cryptocurrencies using Mastercard.
Bitcoin ETFs Record Inflows of $488M
Reading Time: < 1 minuteUS-based Bitcoin ETFs received a combined inflow of $488.1 million on Wednesday.
Bybit Opens Registration to Chinese Users
Reading Time: < 1 minuteIt appears that Bybit has recently expanded its services to a previously restricted area – the People’s Republic of China.
Worldcoin Commits to Extend Ban of its Operations in Spain
Reading Time: < 1 minuteWorldcoin will temporarily stop its activities in Spain.
Daily Inflows into Bitcoin ETFs Hit $887M
Reading Time: < 1 minuteAccording to initial data, the United States has witnessed the second-highest net inflow day for Bitcoin exchange-traded funds (ETFs) with $886.6 million.
Bitfarms Mining Revenue Falls 45%
Reading Time: < 1 minuteBitcoin mining firm Bitfarms has released its latest monthly production data, shedding light on how the Bitcoin halving has affected its profitability and raising concerns about potential consolidation in the industry.
Daily Inflows into US Spot Bitcoin ETFs Reach $105M
Reading Time: < 1 minuteThe 11 spot Bitcoin ETFs that were approved in the US in January have collectively attracted a total of $2.28 billion in inflows during this period, bringing the cumulative net inflows to $13.96 billion.
Hackers Steal $7M from Decentralized Exchange Velocore
Reading Time: < 1 minuteA hacker successfully used a vulnerability in the overflow logic of Velocore to manipulate a small withdrawal and turn it into a large deposit.
Ethena USDe Stablecoin Supply Surpasses $3B
Reading Time: < 1 minuteThe stablecoin known as Ethena Labs USDe, also referred to as a “synthetic dollar”, has achieved a supply of $3 billion tokens in just four months since its public launch in February.
GameStop Shares Surge Overnight
Reading Time: < 1 minuteGameStop shares experienced a significant surge of over 19% in overnight trading after Keith Gill, also known as “Roaring Kitty,” revealed on Reddit that he holds $181.4 million worth of GME stock and call options.
PEPE Token Trading Volume Rises 3X
Reading Time: < 1 minuteThe trading volume of Pepe, a popular meme coin, has increased threefold since the beginning of the month after experiencing a sudden 12% drop from its new all-time high on May 27.
SEC Asks Ethereum ETF Issuers to Submit S-1 Form Drafts
Reading Time: < 1 minuteThe process of obtaining approval for Ethereum ETFs is well underway, with attention now turning to the S-1 forms.
Bitcoin 
Ethereum 
Tether 
BNB 
XRP 
USDC 
Solana 
TRON 
Zcash 
Figure Heloc