News

Coinbase urges users to ditch USDT. The exchange is offering USDT to USDC conversion without incurring a fee. The firm assets USDC is audited regularly. As concerns about Tether’s USDT’s...

Shark Tank judge and Canadian entrepreneur Kevin O’Leary speaks about FTX’s demise. O’Leary was paid $15 million to be the spokesman of the now-defunct exchange. Post the collapse, he lost...

Genesis CEO told customers it may take weeks to resolve the withdrawal ban. The firm pledged to be transparent while consulting with highly experienced advisors for solutions. A more detailed...

Huobi Research releases the “Global Crypto Industry Overview and Trends 2022–2023 Annual Report.” The company analyzed the developments and losses of the crypto industry during 2022. The annual report provides...

Galaxy Digital will be acquiring Celsius Network’s GK8 business. The acquisition was made at  $44.1 million. $44 million is 60% lower than what Celsius paid to buy GK8. According to...

LBRY has filed a Motion to Limit the Remedies the SEC can seek against the company. The payment company failed to register its offer and sale of digital tokens in...

Crypto detective riled up Bankman-Fried for a confession to fraud on Twitter Space. Bankman-Fried revealed that user assets became “fungible” during the collapse. Coffeezilla informed that “the withdrawals weren’t segregated....

CEO of Eight Global Michael states that BTC is consolidating at its previous support level. The Bollinger bands are contracting. Hence there could be less volatility. The 200-day MA is...

Ethereum investors added $700 million to market capitalization in just 2 days. Addresses holding 100 to 1M $ETH now own two-thirds of the market supply. Investors accumulated 2.1% more of...

South Korea’s blockchain game developer, Wemade’s shares dropped 23% on the KOSDAQ market. Wemade Max and Wemade Play shares also plummeted on the KOSDAQ exchange. Upbit, Bithumb, Coinone, and Korbit,...

Signature Bank plans to cut nearly $10 billion of deposits tied to crypto. Crypto makes up over 23% of Signature’s $103 billion customer deposits. The firm aims to lower the...

Grand View Research predicts that the crypto ATM market will surge by 2030. The research platform reported a 60% growth prediction for the ATM market. However, the crypto market continues...

Ripple price analysis indicates an uptrend XRP is currently trading at $0.3862 Support levels are present at $0.35 and $0.30 Ripple price action has been performing well over the past...

Bitcoiner Bruce Fenton, is hopeful for Bitcoin to grow exponentially in the future. The analyst sees great wealth and influence in the MENA region. For Fenton “US dollar is dead,...

The U.K. Court of Appeal heard Tulips Trading Ltd’s argument on Wednesday. TTL’s argument prompts the Court of Appeal for a two-hearing on the court’s previous decision. Lady Justice Andrews...

A global audit firm confirmed Binance has more BTC to protect customer deposits. The auditor noted that Binance has a 101% collateralization ratio on 575,742 Bitcoin Previously, Kraken’s CEO called...

Bankman-Fried had approached Taylor Swift for a sponsorship deal before the FTX crash. The sponsorship deal was estimated to be worth more than $100 million.  Taylor Swift backed out from...

The federal prosecutors in Manhattan have launched an investigation into Sam Bankman-Fried. The prosecutors seek to know whether Bankman-Fried deliberately inflated the price of two cryptos. The SEC and federal...

ETH bull strength is increasing as bears tire in recent hours. According to technical indicators, this bull trend is yet to reach its peak. The community wonders if there may...

Do Kwon urges Genesis and SBF to come clean about their doings. Kwon’s tweet thread follows after the news of an investigation on FTX on its alleged involvement in the...

Telegram updated the platform with a new feature to enhance its privacy policy. The new update allows users to create accounts without SIM cards but through blockchain-based anonymous numbers. The...

Canada’s biggest pension fund ends its cryptocurrency investment opportunity study. CPPI didn’t cite the main reasons behind the decision. The information was shared with Reuters by people who were familiar...

Coinbase CEO expects company revenue to drop more than 50%. Analysts expected Coinbase revenue to be as low as $3.3 billion Coinbase share prices dropped by 80%. Coinbase, one of...

The US Justice Department alleged Rikesh Thapa of looting more than $1 million from the “Victim Company”. He was arrested and is expected to be presented before US Magistrate Judge...

Justin Sun seems optimistic about the crypto adoption in China. He shared that crypto policy in China is expected in the forthcoming months. TRON CEO believes crypto is a “global...