Russia Backpedals On State-Owned Cryptocurrency Exchange, To Focus On Developing Rules For Crypto Trading Platforms
The surprising about-face on the development of the Russian national crypto exchange platform comes at the heels of news claiming that the country's Ministry of Finance internally opposed the plan since doing so would mean a more comprehensive regulation of assets.
Do Kwon Bolsters Defense, Hires Top Law Firm To Represent Him In US Lawsuits
Do Kwon is currently in detention in Montenegro after the High Court revoked his $400,000 bail.
China's Metaverse Ambition, Web3 Investment Challenge Country's Stiff Crypto Position
Beijing released a whitepaper on the development of the metaverse, noting that web3 technology is an "inevitable trend for future internet industry development."
'GTA 5' Raging Success Most Likely Deterrent For 'Grand Theft Auto 6' Rumored Crypto Integration
Another factor that could serve as a deterrent in the rumored crypto integration in "Grand Theft Auto 6" is Rockstar Games' position on NFTs.
Shiba Inu Gears Up For Massive 'Shib: The Metaverse' Update As Initial Launch Draws Near
"Shib: The Metaverse" will see a multi-platform launch including mobile devices, PC and virtual reality (VR) devices, allowing the platform to be accessible to everyone even if they only have mobile phones.
Latest $7.5M Hack Highlights Control Screw-Up On DeFi Protocol's System Design
Malicious actors took advantage of the system's weakness to steal thousands of ETH.
Agreement In Debt Ceiling Deal Triggers Bitcoin Price Rally; Active Addresses, Transactions By Long-Term Holders Surge
Bitcoin active addresses skyrocketed to 960,00 while transfer volume sent by long-term holders in profit saw an almost 2,000% surge.
DCG Announces Shutdown Of Institutional Trading Unit TradeBlock Over 'Crypto Winter'
DCG, one of the many casualties of the spectacular collapse of the controversial crypto empire FTX, disclosed that it lost more than $1 billion last year.
Ripple CEO Says Court Ruling On SEC's Lawsuit Could Be Out In Weeks
The CEO previously said that Judge Torres might make a summary judgment decision before the end of Q3 2023 since the case has been fully briefed and the judge had all the pertinent details to come up with a verdict.
Robert Kiyosaki Says US Is Bankrupt With $250 Trillion Debt, Asks People To Invest In BTC
Kiyosaki said gold, silver and Bitcoin are the best hedge against the incoming crash.
Bitcoin Plummets Below $26K As Stronger Dollar Abates Investors' Appetite For BTC; Liquidations Hit Over $120M
Investors currently have a myriad of macroeconomic concerns, including the ongoing negotiations on the debt ceiling.
DeSantis Promises To Protect Crypto And Abolish CBDC, Predicts BTC Will Die If Biden Gets Reelected
"I think people should be able to do Bitcoin," DeSantis said as more than 6.5 million people tuned in to his campaign launch.
Chinese-Speaking Communities Abuzz As China Central Television Makes A Surprise Bullish Crypto Move
Industry watchers speculated that Hong Kong could be China's testing ground for reopening its doors to digital assets and the recent segment in CCTV is a positive indication of China's potential renewed interest in cryptocurrency.
Elon Musk Discourages Betting One's Financial Future On DOGE; Meme Coin Sinks
The tech billionaire maintained that Dogecoin is still his 'favorite cryptocurrency because it has the best humor and has dogs'
Do Kwon Remains In Detention As Montenegrin High Court Revokes Bail
After a lower court granted bail to Do Kwon and Chong-joon, the prosecution appealed the decision.
Shibarium Release 'Closer Than' Expected; Admin Drops Features That Beat Other L2 Solutions
The Shiba Inu team is speeding up the time of releasing Shibarium, which is currently going in a "good direction" in terms of testing.
FBI Warns Of Fake Ads Forcing Job Seekers Into Cryptocurrency Scams
The FBI released several tips that individuals should observe to protect themselves from falling prey to these scams.
Binance Slams Report Alleging It Commingled Customer Funds With Its Revenue, Calls It 'Weak'
The special report in question disclosed that "Binance mixed $20 million from a corporate account with $15 million from an account that received customer money," based on a February 10, 2021, bank record.
Ledger Delays Key Recovery Service, Accelerates Open-Source Roadmap
Ledger Recover was introduced so users of the hardware wallet, who lost their private keys, could recover them.
FTX Token Swells Amid News Of Exchange's Reboot Plan Under New Management
The court document revealed that the new FTX CEO John Ray III has conducted a series of meetings and activities related to the revival of the failed exchange.
Russia's Putin Sanctions Ex-FBI Agent And Binance.US Head Of Investigations
Known as "the most dangerous man on Wall Street," BJ Kang's inclusion could significantly impact Binance.US' ability to conduct business in regions with close ties to Russia.
Hotbit Announces Closure Of Its CEX Operations Months After Criminal Probe
Hotbit users have until June 20 to withdraw their assets from the cryptocurrency exchange platform.
Genesis Seeks Extra Time To File Bankruptcy Exit Plan As DCG Defaults On $630M Payment
Gemini, in a most recent update, expressed its willingness to work with Genesis in its restructuring plan without the participation of the crypto lender's parent company DCG.
Shiba Inu Rebounds After Sideways Drift; Price Rally Thrills Diamond Hands Shib Army
The current Shiba Inu pattern is evocative of the price action the community witnessed between May and September 2021, which resulted in a meteoric surge of its price to 1,200%.
Bitcoin Experiences Flash Crash After Fake Image Of Explosion Near Pentagon Goes Viral
The image seemingly reminded the public of the 9/11 attacks, which affected investors' confidence and caused immediate panic selling.
Malaysia Securities Commission Orders Huobi To Cease Illegal Digital Asset Exchange Operations
The Malaysian Securities Commission has informed its investors that Huobi Global has been operating in the country despite it not being registered with the regulatory body since last year.
Newly Uncovered SEC Internal Mails Could Be Instrumental To Ripple's Security Case
A known Amicus Curiae in the ongoing Ripple lawsuit highlighted a footnote and reply briefs submitted in the court by the SEC, one of which clearly highlights that XRP failed the Howey Analysis.
Leaked Images Reveal Game-Changing Shibarium Mechanism; Whales Start Acquiring Trillions Of SHIB
With the continuous significant developments taking place in Shibarium, whales have started accumulating massive quantities of Shiba Inu tokens.
Kwon's Wallets Drained Of Over $2M As South Korea Moves To Freeze His Assets
Speculations are rife that the withdrawals could be in preparation for Kwon's bail.
New FTX Administration Sues SBF, Other Executives Over $250M Acquisition Deal
This latest legal development is the first formal action from the new FTX administration against the former executives and management of the crypto empire.