Cryptonews
In the fast-paced world of cryptocurrency, timely decision-making and quick actions are paramount. These values are even more critical when it comes to maintaining the security and integrity of the ecosystem. However, recent events have spotlighted a lag in response from one major player—Circle, the issuer of the USD
Cryptonews
Bitcoin, the largest and most widely known cryptocurrency, is expected to reach a new all-time high by the end of this year, regardless of the outcome of the U.S. presidential election. According to Jeff Kendrick, a leading analyst at Standard Chartered, the price of Bitcoin is poised to break
Cryptonews
In a significant move aimed at promoting security and transparency in the cryptocurrency space, Tether, TRON DAO, and TRM Labs have announced the launch of a new initiative—the T3 Financial Crime Unit. This partnership seeks to combat illegal activities involving the USDT stablecoin on the TRON blockchain, where half
Deals
In the intricate world of cryptocurrency, just like in The Americans, the quiet movements often speak the loudest. In recent times, the reserves of Ethereum held on centralized cryptocurrency exchanges have dropped to levels not seen since 2016. This shift, which echoes both market volatility and strategic decentralization, suggests a
Politics
The recent developments surrounding the now-defunct cryptocurrency exchange FTX have drawn significant attention, especially concerning the United States Securities and Exchange Commission's (SEC) warnings regarding the repayment of creditors in stablecoins and other cryptocurrencies. This issue brings to light the complexities and potential legal battles that could arise
Technology
In a landmark case for the United Kingdom, authorities have pressed criminal charges against a man for operating an illegal cryptocurrency ATM (crypto ATM). This marks the first instance of such a prosecution in the country, highlighting the intensifying crackdown on unregulated cryptocurrency activities. Background of the Case The accused,
Cryptonews
The world of cryptocurrency is seeing a significant resurgence in capital inflows, with the total reaching $533 million for the week ending August 24, 2024. According to the latest report from CoinShares, the digital asset investment sector continues to gain momentum, marking the third consecutive week of positive growth. This
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In a major move to combat illegal financial activities, the Federal Financial Supervisory Authority of Germany (BaFin) has recently confiscated 13 cryptocurrency ATMs that were operating without proper licensing. The operation highlights the increasing scrutiny of cryptocurrency transactions and the role of regulatory bodies in ensuring compliance within this rapidly
Cryptonews
In recent weeks, the cryptocurrency market has witnessed significant movements, with Ethereum taking center stage. Since the launch of the Ethereum-based exchange-traded fund (ETF) on July 23, 2024, Ethereum’s price has plummeted by approximately 26%. With over $1 billion in trading volume on the first day of the ETF&
Cryptonews
In a recent blog post, Starknet Foundation announced that its CEO, Diego Oliva, will be stepping down from his position. He will be succeeded by James Strudwick, who has been with the organization since January 2024. Diego Oliva's tenure at Starknet Foundation has been marked by significant growth
Global Company
Since late July 2024, the Ethereum network has experienced a significant downturn. The number of new addresses has plummeted to its lowest point since December 2023, while the number of active addresses has reached levels not seen since January 2024. This decline coincides with the falling price of Ethereum (ETH)
Cryptonews
Introduction In a significant blow to the cryptocurrency sector, PeckShield's latest report reveals that the industry suffered losses amounting to $266 million due to hacking incidents in July 2024. This alarming figure highlights the ongoing vulnerabilities within the digital asset landscape, where hackers continue to exploit weaknesses for