Over the years, the crypto industry has witnessed increasing crimes using crypto assets. This is because transactions with virtual assets require no interference from third parties, making it easy for criminals to succeed. However, more attention is coming from regulators to the crypto space. They aim to control the spread of criminal activities such as […]
The first decentralized and excessively collateralized “flatcoin” in the world, Nuon, has officially launched its testnet, according to blockchain development company Laguna Labs. The value of flatcoin is linked to the cost of living, a topic frequently discussed by cryptocurrency pioneers including Brian Armstrong, Balaji S. Srinivasan, and Vitalik Buterin. The worth of a Nuon […]
Alex Dovbnya Bithumb is still struggling to find investors due to legal risks associated with its former de facto owner, Lee Jung-hoon South Korean prosecutors are seeking an eight-year jail sentence for Lee Jung-hoon, the de facto owner of leading South Korean cryptocurrency exchange Bithumb, according to a report by the Yonhap news agency. Lee […]
Understanding whether Bitcoin is a safe investment depends on how you define security. There’s no question that Bitcoin prices can be extremely volatile. In 2022 alone, the price of BTC dropped from almost $US48,000 to around $US19,300 at the time of writing. Losses like that would send investors running for the hills for any other […]
New Delhi: Crypto market was stuck in a fixed range amid the soft economic cues on Tuesday. Investors continued to eye the US central bank’s efforts to tame inflation during the earnings sessions. The economic future was slightly rosier, but not enough to stir bitcoin and other major cryptos. Bitcoin held $19,000, whereas Ethereum was […]
Cryptocurrency prices today plunged with the world’s largest and most popular digital token Bitcoin trading about 0.5% lower at $19,303. After surging to an all-time high of almost $69,000 in November last year, Bitcoin’s price has been trading in a narrow range of around $20,000 since June this year. On the other hand, Ether, the […]
The cryptocurrency industry continues to attract celebrities. The latest to jump on the bandwagon was none other than the world-renowned soccer player Lionel Messi. According to a recent press release, Messi has become the brand ambassador for Singapore-based cryptocurrency derivatives exchange Bitget. Part of his responsibilities would be to further introduce Bitget to users, brands, […]
Ban or no ban, China’s crypto obsession is as strong as ever. Before the government stomped into the cryptocurrency industry, China was arguably the world’s leader. Its exchanges were the biggest and, at its heights, they controlled 70% of bitcoin’s hashrate. The ban was supposed to kill all that, but the roots were too strong. […]
Coinbase has been sued by nearly 100 of its users, who claim that the cryptocurrency giant ignored their complaints and took no action when scammers were able to exploit its Coinbase Wallet to drain tens or hundreds of thousands of dollars from their individual Coinbase accounts. These individuals claim to have lost a total of […]
Financial stocks were finishing near their intra-day highs this afternoon, with the NYSE Financial Index rising 1.1% while the SPDR Financial Select Sector ETF (XLF) was ahead 1.6%. The Philadelphia Housing Index was climbing 1.3% although the SPDR Real Estate Select Sector ETF (XLRE) was increasing just 0.2%. Bitcoin was declining 0.5% to $19,379, while […]
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