In the wake of Terra's implosion, the blockchain firm said it had exhausted nearly all of its reserves in an attempt to defend the UST stablecoin peg, but a new set of recently uncovered details about wallets linked to TFL and Kwon contradicted the company's previous public statements.
BONE is the native governance token of ShibaSwap, the decentralized exchange of the Shiba Ecosystem, and ever since the team revealed that it will be used as the gas fee token of the highly awaited layer-2 scalability solution Shibarium, its rise to prominence and its overall performance in terms of value have attracted the interest of many crypto investors.
Just over a week after its launch, Worldcoin and its activities are already suspended in Kenya.
While Binance's legal battle with the SEC continues, and after several regulators in Europe closed their doors to the exchange, it won a license to operate in Dubai
Unlike the positive impact on the price of Bitcoin when BlackRock and other financial giants filed their spot BTC ETF applications, the price of Ether remains within its usual range.
The software maker said the $347 million worth of Bitcoin acquired last quarter, purchased at an average price of $28,136 per coin, only represents the latest addition to the company's BTC holdings and not the total amount of the crypto asset it purchased.
The surprising development surrounding the BALD token pushed on-chain sleuths to dig deeper to get to the bottom of the issue, and some of them uncovered interesting finds, one of which points to Bankman-Fried and his Alameda Research as the masterminds of the controversial project, which is presumably a rug pull.
Despite the dip in the price of Bitcoin, the "important news" is the continued surge in institutional interest in the world's largest crypto asset.
Worldcoin is an ambitious project that aims to offer a World ID, or a "digital passport," for a world in which it's harder to distinguish humans from AI robots.
Binance announced its Dubai subsidiary was the first exchange to get the Operational Minimum Viable Product license issued by Dubai's Virtual Asset Regulatory Authority.
The Binance CEO shared that at the time Buterin was "already working on and talking about ETH non-stop" and somehow regretted that he didn't buy Ether, saying it was "a miss of a lifetime."
Tether has established itself as the dominant player in the stablecoin industry as its circulating supply approaches the 84 billion threshold.
Data from a market analytics firm has revealed that crypto sharks (investors who have over 500 BTC or its equivalent in their accounts) and crypto dolphins (holders with holdings below the net worth of whales) have started purchasing Shiba Inu at a swift pace over the past couple of months.
CRV, the native cryptocurrency of the top decentralized finance Curve Finance exchange, saw a 17% loss on the day and was trading at $0.61.
The author of the hit book "Rich Dad Poor Dad" said the BRICS is leading a movement to develop a new currency backed by gold.
Armstrong's claim predates the lawsuit filed by the SEC against his crypto business.
Titled "State of Meme Coin," the study was conducted in May 2023 and involved 1,503 investors worldwide, 73% of whom said they think investing in meme coins is gambling.
The dog-themed altcoin has surged in popularity over the past months due to the series of projects and upcoming initiatives scheduled to launch this year, especially Shibarium.
Accounting firms gained the spotlight last year when the crypto empire FTX spectacularly imploded, and several crypto exchange platforms hired accounting firms to come up with their proof-of-reserves to assure crypto investors their funds are safe.
The bill was advanced after a 13-hour markup, making it the second major piece of crypto legislation to pass the Committee this week.
Gensler has become a prominent figure in the nascent cryptocurrency industry this year, as his agency, the SEC, has executed a series of regulatory enforcement actions that caused shockwaves in the crypto market.
The U.S. prosecutors surprisingly announced Wednesday that they were dropping the lawsuit against Bankman-Fried, citing the country's treaty obligations to The Bahamas, the country to which Bankman-Fried was extradited in December 2022.
This latest collection is the fourth installment of Reddit's popular Collectible Avatar series and is considered the biggest addition to its limited-edition NFT collection to date.
The Ethereum + Shibarium bridge serves as a scaling solution that uses the Plasma + POS platform's dual consensus architecture and is described as a ground-breaking solution that promises to deliver advancement in the Shiba Ecosystem by allowing SHIB users to enjoy secure and seamless cross-chain transactions on the Shibarium.
Both Binance and Coinbase are among the world's largest centralized cryptocurrency exchange platforms by trading volume.
It looks like there are more reasons for Dogecoin holders to HODL onto their DOGE holdings since it seems Musk is planning to integrate the meme coin into his "everything app" X, based on the discoveries of some X users.
The dip is an understatement of the heavy criticism voiced by the crypto community about the project, which utilizes hardware called Orb to scan the irises of individuals to prove they are human.
Ripple Labs' chief legal officer Stuart Alderoty said that the court's decision regarding the classification of XRP as a security could potentially impact other ongoing cases with similar themes. This includes the lawsuit filed by the financial regulator against Coinbase and Binance.
During the period leading up to the highly anticipated Bitcoin halving, the cryptocurrency maintained its position around the $30,000 threshold, displaying stability over the past 15 days and very little volatility over the last couple of weeks.
Before Musk climbed back to the top spot of the world's richest billionaires, he rolled out a rebrand, which changed the iconic blue bird to a simple X logo.
