Technology
In a significant financial shift, the KuCoin exchange has experienced a substantial capital outflow following accusations by US authorities. The exchange is under scrutiny for alleged unregistered operations, violations of the Bank Secrecy Act, and facilitating money laundering. According to Nansen, a data analytics portal, this turbulence has led to
Cryptonews
In a striking testament to the enduring allure of digital art and collectibles, a CryptoPunks NFT has recently changed hands for a staggering sum of $17 million. This sale not only underscores the collection's significance in the NFT space but also highlights the burgeoning interest in blockchain-based assets.
Cryptonews
In a surprising turn of events, the founder of Slerf has incinerated all tokens initially allocated for airdrop purposes, leaving the crypto community in shock. This drastic move came to light through an announcement on X (formerly known as Twitter), where the developer detailed the unfortunate mishap that led to
Deals
In an astonishing turn of events, an anonymous trader's foray into the volatile world of memecoins ended in a staggering loss of $152,000 over just three days. The financial debacle unfolded on the blockchain, with Lookonchain reporting the rapid descent from a substantial investment to a significant
Cryptonews
Coinbase, a leading player in the cryptocurrency market, has officially announced its ambitious plan to issue $1 billion in bonds with a maturity date set for 2030. This strategic financial maneuver is designed to enhance the company's liquidity and support its expansionary goals, including debt repayment and the
Global Company
In a recent strategic move, the Hedgehog Protocol successfully raised $1.5 million during its pre-seed funding round. This significant financial milestone has attracted attention from notable investors, including Lido Finance's founder, along with venture firms Marshland Capital, Tenzor Capital, Prometeus Ventures, and others. The funding underscores the
Cryptonews
In the dynamic world of cryptocurrency investments, the U.S. Securities and Exchange Commission (SEC) has once more deferred its verdict on the highly anticipated spot Ethereum Exchange-Traded Funds (ETFs) submitted by finance giants BlackRock and Fidelity. This decision, announced through filings on March 4, represents another pause in a
Cryptonews
In a detailed overview of the past year and a forward-looking statement on the future, Brian Armstrong, the CEO of cryptocurrency exchange Coinbase, articulated the company's trajectory and strategic plans for 2024. Armstrong's comments came during a comprehensive review of the firm's financial results
Global Company
In a groundbreaking move aimed at democratizing access to the digital economy, the Aptos Foundation has announced a strategic partnership with technology firm Jambo, culminating in the launch of the JamboPhone. Priced at an affordable $99, the smartphone is available for order in over 40 countries worldwide, marking a significant
Deals
Over the past day, the Fear and Greed Index has surged by nine points, marking a 16-point increase since the beginning of the month. This indicator has now reached a new high since November 2021. On February 13, 2024, the Fear and Greed Index soared to 79 points, matching the
Global Company
In the dynamic realm of cryptocurrency mining, the quest for affordable and sustainable energy sources is a perpetual journey. Recently, Ethiopia has emerged as an unexpected destination for Chinese bitcoin miners, drawn by the country's enticing combination of low electricity tariffs and amicable diplomatic ties with the People&
Global Company
In a significant shift toward mainstream acceptance of cryptocurrency-related products, social media giants Facebook and Instagram are reportedly on the verge of allowing the advertising of bitcoin Exchange Traded Funds (ETFs). This move, hinted at by Nate Geraci, the president of investment advisory firm ETF Store, signifies a potential change