Finance News – Cryptocurrency
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Ex-Cred execs plead guilty to wire fraud over $150M crypto collapse
Customers of the failed crypto lending platform experienced significant financial losses estimated between $65 million and $150 million due to misleading information and undisclose...
Read Full Article →Illicit $8B crypto market Xinbi incorporated in Colorado: Elliptic
The Colorado-registered company linked to a Chinese underground marketplace has facilitated billions in stablecoin transactions, highlighting substantial digital asset flows used f...
Read Full Article →XRP open interest surges over $1B in a week as price eyes major breakout
The recent substantial increase in XRP trading activity and its notable price appreciation indicate heightened investor interest and potential market momentum within the cryptocurr...
Read Full Article →Twenty One Capital becomes top Bitcoin holder with $458.7M purchase ahead of public listing
Twenty One Capital significantly increased its cryptocurrency assets by acquiring over four thousand Bitcoins for nearly $459 million, positioning itself strategically prior to its...
Read Full Article →Coinbase invests in Canadian stablecoin issuer
Coinbase’s funding and promotional support for a Canadian fiat-backed stablecoin aims to enhance efficient, low-cost digital payments by addressing regulatory and infrastructure ga...
Read Full Article →What are the next steps for the US stablecoin bill?
The upcoming Senate vote on the stablecoin legislation could impact digital asset regulation and financial markets, though concerns about political conflicts remain unresolved amid...
Read Full Article →Polygon crypto price: Can Polygon’s tech push revive the token’s price?
Polygon’s ongoing technological developments may influence investor confidence and market activity, potentially impacting the token’s valuation amid fluctuating cryptocurrency tren...
Read Full Article →Abraxas Capital doubles down on Ethereum, scoops 33,482 ETH for $84.7m
Abraxas Capital significantly increased its Ethereum holdings by acquiring a substantial amount valued at over eighty million dollars, reflecting a strategic investment in the cryp...
Read Full Article →'Eat Other Snake, Take Their Money': Slither.io Solana Clone Goes Viral
The rapid popularity of Noodle.gg has created new earning opportunities for players through Solana rewards, while the related meme cryptocurrency experiences a notable increase in...
Read Full Article →Exclusive: inabit and Google Cloud team up to strengthen crypto transaction security
The partnership between inabit and Google Cloud leverages advanced computing technologies to enhance the protection of digital assets and reduce risks associated with unauthorized...
Read Full Article →SEC hacker counters prosecutors with 366-day sentencing recommendation
The recommended sentence of approximately one year in prison reflects a legal attempt to balance punishment and deterrence in a case involving fraudulent gains of about $50,000 fro...
Read Full Article →BTC surges again: Why is BCH Miner a leading option for cryptocurrency mining?
BCH Miner’s growing prominence in the Bitcoin cloud mining sector highlights its potential impact on cryptocurrency investment strategies and the evolving financial landscape withi...
Read Full Article →Bitcoin remains unmatched as a global inflation hedge
Bitcoin’s unique structure and global accessibility have positioned it as a notable tool for preserving wealth amid inflation and economic instability, complementing traditional as...
Read Full Article →$1B Bitcoin exits Coinbase in a day as analysts warn of supply shock
Significant withdrawals of Bitcoin from major exchanges reflect rising institutional buying interest, potentially reducing available supply and contributing to upward pressure on c...
Read Full Article →Is Bitcoin really the anti-bank wildcard?
Bitcoin’s emergence as a decentralized digital currency has influenced traditional financial systems, prompting institutions to invest in cryptocurrencies and sparking discussions...
Read Full Article →London-based asset manager buys nearly $500 million worth of Ethereum in six days
A financial firm in London acquired close to half a billion dollars of Ethereum within less than a week, highlighting notable investment activity amid a significant daily price inc...
Read Full Article →South Korea’s Democratic Party sets up ‘Digital Asset Committee’
The formation of this new group aims to influence cryptocurrency regulations and collaboration between major exchanges and regulators, potentially shaping South Korea’s digital fin...
Read Full Article →Coinbase first crypto firm to join S&P 500
Coinbase’s inclusion in the S&P 500 marks a notable milestone for the cryptocurrency sector, potentially increasing investor confidence and broadening access to digital asset-relat...
Read Full Article →Solana co-founder proposes ‘meta blockchain’ to unite decentralized ecosystems
The introduction of a blockchain aggregator by Solana’s co-founder aims to reduce data-related expenses and enhance connectivity among various decentralized platforms, potentially...
Read Full Article →$670 million in short liquidations mark year’s largest wipeout, with altcoins driving weekend volati...
The recent substantial losses in short positions highlight heightened market instability as major cryptocurrencies experienced notable price increases during ongoing international...
Read Full Article →Tether Gold enters Thailand with listing on Maxbit exchange
Tether Gold’s availability on a regulated Thai exchange introduces a new channel for investors to access gold-backed digital assets, potentially increasing market liquidity and div...
Read Full Article →Arizona governor kills two crypto bills, cracks down on Bitcoin ATMs
By vetoing proposed investments in digital assets and limiting cryptocurrency payment options, the governor prioritized fiscal stability while enacting stricter consumer safeguards...
Read Full Article →Dubai’s finance department signs MOU with Crypto.com to enable crypto payments for government servic...
Dubai’s finance authority has partnered with a leading cryptocurrency platform to facilitate digital currency transactions for public services, aiming to integrate innovative payme...
Read Full Article →Crypto execs cheer as Australia appoints pro-crypto assistant minister
The appointment of a dedicated official for emerging technologies is expected to advance regulatory clarity and support innovation, potentially fostering increased investment and g...
Read Full Article →Craig Wright sent enemies to legal ‘hell,’ says judge in restraining order
Craig Wright’s persistent litigation tactics imposed significant legal expenses and resource strains on defendants, ultimately disrupting cryptocurrency innovation and reflecting s...
Read Full Article →Hodl my beer: Businesses are the biggest Bitcoin buyers this year
Corporate acquisitions of Bitcoin this year have substantially increased institutional holdings, significantly impacting market dynamics by reducing available supply and potentiall...
Read Full Article →ZKsync X hacker posts false SEC probe in apparent effort to crash token
The unauthorized disclosure of misleading regulatory inquiries caused a temporary decline in the digital asset’s value, highlighting potential vulnerabilities in social media secur...
Read Full Article →Anchorage Digital buys Mountain Protocol, USDM stablecoin winds down
Anchorage Digital’s acquisition of Mountain Protocol aims to strengthen its stablecoin infrastructure, leveraging combined resources to support expanding demand and signaling a str...
Read Full Article →SEC chair outlines plans for cryptocurrency policy overhaul
The head of the SEC announced intentions to revise regulations regarding digital assets, aiming to enhance oversight and address emerging challenges within the cryptocurrency marke...
Read Full Article →DeFi lender Aave reaches $40B in value locked onchain
The recent milestone highlights Aave's growing market presence, reflecting increased cryptocurrency deposits that enhance liquidity and support borrowing and lending activities wit...
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