Poloniex, the Justin Sun-linked cryptocurrency exchange, had its hot wallets drained of over $100 million. Onchain data shows token transfers worth $114 million from an Ethereum wallet on Poloniex in 357 separate transac
Binance.US has filed an unopposed motion for a continuance to reschedule a pivotal public hearing from January 18 to January 19, 2024, in their ongoing lawsuit with the SEC, due to the unavailability of their lead counse
At DC Fintech Week, SEC Chairman Gary Gensler shared his outlook on the possible resurgence of the now-defunct cryptocurrency exchange FTX. Gensler emphasized that for FTX to thrive under its potential new leadership, it
The Catherine Wood-led Ark Invest will launch a crypto ETF suite with 21Shares, the ETP behemoth. The countdown, which started earlier, is set to launch the solution on Monday, 13th November 2023, on the Chicago Board Op
In the wake of a landmark court victory, Grayscale Investments has commenced detailed discussions with the U.S. Securities and Exchange Commission regarding the conversion of its popular GBTC trust into a spot Bitcoin ET
Ark Invest, led by Cathie Wood, has sold off Grayscale Bitcoin Trust shares valued at approximately $3.8 million to purchase shares in Block, Inc. worth about $5.6 million, amidst a notable Bitcoin price increase. Ark In
According to a recent Bloomberg report, Circle Internet Financial Ltd., the stablecoin issuer, is considering an IPO in the coming year. Per the media report and citing anonymous sources, discussions with advisors were o
Ripple’s XRP cryptocurrency is on the cusp of a significant price surge, potentially reaching $1, as whale accumulations hit a new high for the year, according to on-chain analytics. This surge places XRP at a three-mont
Tether, the predominant stablecoin, has seen a surge in investor activity in the third quarter, outperforming the decentralized finance (DeFi) sector, according to a recent report by QuickNode, which monitors blockchain
OpenSea CEO Devin Finzer has disclosed a 50% cut in the company’s workforce in preparation for the next evolutionary phase of the platform, dubbed “OpenSea 2.0.” This strategic downsizing is aimed at sharpening the NFT m
Stuart Alderoty, the Chief Legal Officer for Ripple, has publicly criticized the SEC’s string of defeats in court against crypto businesses, questioning the effectiveness of the commission’s regulatory strategy and its i
The Commodity Futures Trading Commission (CFTC) has awarded $16 million to whistleblowers this year for tips that have significantly aided in cryptocurrency-related enforcement actions. CFTC Rewards Whistleblowers Genero
As the year draws to a close, many are wondering if Q4 can provide any insights into what will happen next year in the global economy and more importantly in the cryptospace. Ruslan Lienkha, Chief of Markets at YouHodler
With the rising interest in crypto ETFs, it is no surprise that crypto newbies can’t differentiate between Bitcoin ETFs and Ethereum ETFs. Their existence as an asset class is an open door to adoption, the industry’s ult
BNB Chain has unveiled BNB Safe{Wallet}, a robust multi-signature wallet service. Leveraging the trusted Gnosis Safe protocol, this cutting-edge feature is now available to users on the Binance Smart Chain (BSC) and opBN
On October 30th, the NEOM Investment Fund of Saudi Arabia pledged a $50M investment in Web3 games producer Animoca Brands, aiming to accelerate Web3 development in Riyadh and the NEOM region. Investment Catalyst for Web3
The U.K. has announced its plan to introduce new regulations for the crypto sector, requiring market participants in the UK to obtain authorization before servicing consumers, in response to the FTX incident. Unraveling
The cryptocurrency world is rapidly expanding, filled with technical terms and concepts that can be daunting for newcomers. Among these terms is MEV, or “Miner Extractable Value”. Unlike what its name might suggest, MEV
What role can blockchains play in the recycling process? How can the integration of blockchain infrastructure create a greener world for everyone? These questions and more are some of the concerns that answer the questio
Google Trends data suggests a declining interest in Bitcoin among Americans, with “buy Bitcoin” searches reaching 2023 lows, despite recent bullish market events. Bitcoin Interest Wanes in the U.S. Recent data from Googl
On Tuesday, crypto lending firm BlockFi announced its official emergence from bankruptcy, paving the way to start repaying its creditors. BlockFi Sets Stage for Creditor Repayment Following a challenging period due to th
Bitcoin and Ether options on Deribit have reached a landmark combined open interest of $20 billion, underscoring a growing sophistication in the market. As the week concludes, Deribit is set to settle monthly bitcoin and
Amid concerns surrounding cryptocurrencies’ potential links to terrorism financing, Senator Sherrod Brown, Chairman of the U.S. Senate’s Banking Committee, has voiced a strong stance, urging the panel to address these ti
On Tuesday, crypto lending firm BlockFi announced its official emergence from bankruptcy, paving the way to start repaying its creditors. BlockFi Sets Stage for Creditor Repayment Following a challenging period due to th
