Cryptocurrency

South Korea’s Financial Supervisory Service (FSS) now requires defunct cryptocurrency exchanges to obtain insurance to safeguard user assets. This measure comes as part of a wider initiative to bolster investor...

American-crypto exchange Coinbase is pushing back against the Securities and Exchange Commission (SEC) in their ongoing legal dispute. The company is seeking crucial documents from the SEC through a discovery...

IntoTheBlock, a market intelligence platform, reports that just 66% of Ethereum addresses are currently profitable. This drop has pushed many holders into the red, with profitability levels not seen since...

The US economy is under the microscope this week, with a slew of key economic data releases to impact not just traditional markets, but the crypto space as well. Market...

Curve DAO’s native token (CRV) has been making waves after an impressive 36.8% gain in the past seven days. This surge has drawn the attention of investors and analysts alike,...

XRP has faced numerous challenges since its all-time high in January 2018. At the moment, XRP is trading below 80% of its historical value and remains in a rather volatile...

Ethereum has seen a decline in gas fees, reaching record lows not seen since mid-2019. This decline reflects a period of reduced network congestion, impacting transaction costs for users across...

The Internal Revenue Service (IRS) has released an updated draft of Form 1099-DA, a key development for brokers reporting the sale and exchange of digital assets starting in 2025. This...

Santa Monica city council unanimously approved the launch of an official “Bitcoin Office.”  The aim is to build upon the city’s interest in exploring Bitcoin’s potential, both as an investment...

Ethereum is currently facing a significant surge in withdrawals, with around 143,000 ETH—valued at approximately $350 million—set to become available within 12 hours. Additionally, 212,000 ETH, including rewards from validators...

Cboe, the world’s largest options exchange, has withdrawn application for options on spot Bitcoin exchange-traded funds (ETFs), causing a stir in the crypto asset space as Bloomberg analyst James Seyffart...

Embattled crypto firm Alameda Research has transferred 205,387 Worldcoin (WLD) tokens, valued at approximately $352,000, to the cryptocurrency exchange Binance. This transaction marks the first movement of Worldcoin assets held...

The Supreme Court of Montenegro has postponed the extradition of Do Kwon, the co-founder of Terraform Labs, to South Korea. The decision comes after the Supreme State Prosecutor’s Office (VDT)...

A pivotal development in the ongoing FTX bankruptcy saga emerged as New York Judge P. Kevin Castel approved a consent order requiring the defunct crypto exchange and its sister company,...

The Decentralized Physical Infrastructure Networks (DePIN) sector is experiencing explosive growth, with fundraising volume increasing 296% year-over-year and market capitalization surging 400% to reach $20 billion. This meteoric rise highlights...

Leading crypto exchange Binance has added Toncoin (TON) to its platform, the native token of the Telegram-developed TON blockchain, opening trading on August 8, 2024. Deposits are already open, with...

Cardano is on the cusp of a transformative upgrade with the impending Chang hardfork. While the Cardano (ADA) token is currently down 13.43% over the past week, the community anticipates...

Meltem Demirors, a prominent figure in the cryptocurrency sector, has launched Crucible Capital, a new venture firm aiming to raise $75 million across two funds. Known for her influential role...

August 2024 is shaping out to be a decisive month for key economic indicators and policy discussions, with the release of the Producer Price Index (PPI), Consumer Price Index (CPI),...

Algorand’s (ALGO) price action is showing signs of resilience this week, outperforming the broader crypto market according to crypto analyst Jonathan Morgan. Algorand’s price rebounded sharply, signaling a potential bullish...

On-chain data suggests a potential Bitcoin (BTC) rally may be on the horizon, according to several crypto analysts. Whale activity indicates a possible return of Bitcoin to its all-time high,...

A security breach on the on-chain order book protocol Nexera has resulted in an estimated loss of $1.5 million, as reported by Cyvers Alerts. The exploit involved an unauthorized address...

KuCoin, a leading global cryptocurrency exchange, has launched GemPool, an innovative crypto staking platform that enables users to acquire token airdrops as a reward for staking their crypto assets. This...

Ethereum co-founder Vitalik Buterin recently took to social media platform X (formerly Twitter) to share an update on the ongoing Ethereum block construction research, indicating that it is nearing completion....

The Bank of Japan (BOJ) has refrained from raising interest rates while global financial markets remain unstable, according to Deputy Governor, Shinichi Uchida. The recent turmoil in global markets was...