On-chain data shows that Bitcoin long-term holders have continued to hold strong recently as their exchange inflows have remained low. Bitcoin Long-Term Holder Supply Has Set A New All-Time High The “long-term holders” (LTHs) refer to all those investors who have been holding onto their coins since more than 155 days ago. Generally, the longer […]

Indian crypto exchange, CoinDCX, finds itself in trouble, announcing a notable reduction in its staff by 12% this week. The decision comes after a stark decline in virtual currency trading revenues, emphasizing crypto platforms’ larger challenges, particularly in India. CoinDCX’s move to downsize aligns with a global trend where cryptocurrency trading platforms have experienced significant […]

A former supporter of the Bitcoin mining industry and official in several of China’s regional government positions was sentenced by a court in the Zhenjiang Province. Xiao Yi was found guilty of abusing power and accepting over $20 million in bribes while serving as a public agent. Related Reading: Cardano (ADA) Has Finally Become King […]

In the Bitcoin space, a new battle is brewing over a proposal which is igniting passionate debates. Bitcoin Improvement Proposal 300 (BIP300) and its accompanying BIP301 introduce a paradigm-shifting concept known as “Drivechain.” This proposal, which carries the potential to redefine the future of BTC and its relationship with altcoins, has sparked fervent discussions among experts […]

To take action against crypto scams, Thailand is on the brink of unleashing a dramatic move against tech titan Facebook. The Ministry of Digital Economy and Society (MDES) has unveiled a formidable plan to obtain a court-issued shutdown order against Facebook, unless the social media giant takes swift action to quell the surge of fraudulent […]

Shiba Inu and its community have had to endure some difficult periods following the launch of the layer-2 network Shibarium. Despite this, on-chain data suggests many are still bullish on the ecosystem following a series of high-volume transactions.  Shiba Inu Whale Moves $38.39 Million According to the foremost blockchain tracking platform Whale Alert, a particular […]

According to a report from Reuters, Sam Bankman-Fried, former CEO and co-founder of the now-bankrupt FTX exchange, has pleaded not guilty to a recent charge accusing him of fraud and conspiracy. This action was taken in the first court appearance of Bankman-Fried since a US court revoked his bail in early August. In a hearing […]

Bart Stephens, the co-founder of Blockchain Capital, a prominent venture fund specializing in cryptocurrency investments, has reportedly fallen victim to an alleged SIM swap hack that cost him a staggering loss of $6.3 million worth of digital assets.  This incident sheds light on the growing menace of SIM swap attacks, which the Federal Bureau of […]

On August 18, lawyers of disgraced FTX founder Sam Bankman-Fried (SBF) requested that their client only be jailed on weekends and released on weekdays to work on his defense. US District Judge Kaplan has made an order to that effect but it is a far cry from the initial request of his lawyers.  Sam Bankman-Fried […]

Data shows Cardano (ADA) has finally surpassed Polkadot (DOT) to become the number 1 cryptocurrency in development activity. Cardano Has Seen The Most Development Activity In 30 Days In a new post on X, the on-chain analytics firm Santiment has revealed how the various coins in the market currently compare against each other in terms […]

The US Securities and Exchange Commission (SEC) is known for coming down hard on the digital assets industry, including accusing several firms of trading “unregistered securities.” This time around, the regulator has charged a crypto fund with misleading investors, marking the “first violation of the SEC’s amended marketing rule.” Crypto Fund Promised Investors 2,700% Returns […]

Friend.tech, the pioneering decentralized social media platform developed by the creators of Stealcam, has taken the digital world by storm in its mere two weeks of existence.  This innovative app, built on Coinbase’s Base scaling network for Ethereum, has introduced a revolutionary concept – enabling users to buy and sell “keys,” originally referred to as […]

In a recent analysis titled “2024 Halving Analysis: Understanding Market Cycles and Opportunities Created by the Halving,” Blockware Intelligence delves into the intriguing possibility of Bitcoin’s price reaching $400,000 during the next halving epoch. The report takes a comprehensive look at the factors contributing to Bitcoin’s unique market cycles and the potential impact of the […]

Following the abrupt halt in operations due to unanticipated high traffic immediately after its mainnet launch, the layer-2 network of Shiba Inu, Shibarium, is reportedly making its way towards a public relaunch tomorrow. The details were revealed in a recent blog post by Shiba Inu’s lead developer, Shytoshi Kusama. “After two days of testing and […]

For the first time since early January, Bitcoin is changing hands below a critical support band and the 20-week moving average, evident in the weekly chart. An analyst on X, formerly Twitter, pointed out this formation and has since raised questions about the coin’s prospects in the days and weeks ahead. Bitcoin is trading at […]

The total value locked (TVL) in Starknet, a layer-2 scaling solution for Ethereum using ZK-Rollup, is down nearly 50%, L2Beat data on August 21 shows. At this pace, the contraction in Starknet’s TVL is among the fastest in the layer-2 scene and stands at around $98 million. As of August 16, Starknet had a TVL […]

In a recent court filing on Sunday, bankrupt cryptocurrency exchange FTX disclosed that it had revised its motion for settlement after facing objections from the US Trustee.  Despite criticizing the US Department of Justice (DOJ) representatives for intervening in what they considered a routine settlement process safeguarded by two creditor committees, FTX debtors acknowledged the […]

The crypto market was thoroughly shaken up last week when the prices of assets in the space crashed rapidly. As a result, over 170,000 traders lost their positions, amounting to more than $1 billion in losses. However, not all crypto traders suffered due to the crash as one GMX whale trader made almost 7-figures in […]