A report indicates that big tech giant Apple was working on a stock trading app for its devices along with banking institution Goldman Sachs. Across social media platforms, rumors began surfacing about a possible listing of Bitcoin (BTC) and other cryptocurrencies should the platform ever come to light. Related Reading: Here’s Why 2024 Will See […]

In recent years, crypto assets such as Bitcoin and Ether have witnessed increased adoption in various countries worldwide. In a testament to this growing trend, South Korea’s tax organization disclosed that cryptocurrencies accounted for the largest proportion of taxpayers’ assets overseas. This comes after the East Asian country tweaked its tax policy, mandating citizens to […]

Cross-chain bridges have emerged as a pivotal battleground in the ever-evolving war against crypto asset laundering, according to a recent report by crypto analytics firm Elliptic.  In a dramatic shift, the study reveals that the value of illicit crypto assets laundered through cross-chain bridges has skyrocketed in recent months, overshadowing the conventional use of mixing […]

Binance, the world’s leading cryptocurrency exchange is moving closer to completely cutting ties with its European payment partner Paysafe. Currently, a small portion of Binance users in the European Union (EU) have been blocked from fiat withdrawals and are unable to withdraw Euros from the platform.  Binance EU Users Denied Withdrawal Access Beforehand Despite Paysafe’s […]

On-chain data shows the Bitcoin exchange supply has resumed its downtrend recently, after earlier deviating towards a rise. Bitcoin Percent Supply On Exchanges Has Dropped To 11.8% As pointed out by an analyst in a post on X, the BTC exchange supply is back to its year-to-date (YTD) lows. The relevant metric here is the […]

In a stern message to the crypto industry, David Hirsch, the United States SEC crypto enforcement chief, has issued a warning that more punishment and charges are imminent.  Hirsch’s declaration comes as the Securities and Exchange Commission grapples with a slew of pressing issues, but he made it abundantly clear that the regulatory body has […]

With two weeks to go until the trial of Sam Bankman-Fried, founder and former CEO of the FTX crypto exchange, the United States Department of Justice has made a request of the judge handling the case. This time around, the DOJ has asked for an additional day to be added to the trial dates. DOJ […]

In a turn of events that has sounded alarms in the crypto community, Coinbase warned that it has observed a single mining pool, ViaBTC, controlling 53.8% of the Zcash network hash rate. The cryptocurrency exchange promptly took precautionary actions to mitigate the risks associated with a 51% attack, a situation that arises when a single […]

One of the leading decentralized finance (DeFi) protocols, Balancer Protocol – an Ethereum-based automated market maker (AMM), has recorded the second hack in less than a month. In the ongoing hack, cybercriminals have hijacked the front-end website of the DeFi protocol to rob users’ wallets by forcing them to approve malicious contracts.  The Balancer Protocol […]

In a recent development, Tether’s Chief Technology Officer (CTO) Paolo Ardoino has clarified the recent transaction that occurred in Tether’s treasury. 1 Billion USDT Authorized Not Issued In a tweet shared on his X (formerly Twitter) platform, Ardoino explained that the 1 Billion USDT which Whale Alert had referenced in a tweet as “minted” was […]

In the world of crypto regulation, Germany’s financial watchdog, the Federal Financial Supervisory Authority (BaFin), is taking on the role of an air traffic controller. Rupert Schaefer, a notable presence at BaFin, has garnered attention by drawing a comparison between the necessity for regulation and the challenges of managing unidentified flying objects (UFOs). With a […]

In a fresh twist to the ongoing exploration of sidechain possibilities, Botanix Labs recently released a proposal for Spiderchain, a new layer 2 protocol for Bitcoin. With the community’s attention largely directed towards Drivechains, Jameson Lopp, a Bitcoin OG, dives into the intricacies of the Spiderchain system in his recent blog post. Here’s an in-depth […]

In a recent development, one of the US most prestigious universities, Stanford, has agreed to return all donated funds from the defunct crypto exchange FTX following a lawsuit to recover them.  Why Stanford Is Returning FTX Donations According to an emailed statement cited by Bloomberg, the university spokesperson stated that they had been in discussions […]

In a meticulous and comprehensive analysis shared on X, prominent analyst Will Clemente delved deeply into Bitcoin’s current stance against the prevailing macroeconomic landscape, connecting broad fiscal trends with the future trajectory of the digital asset. Bitcoin’s Genesis And Modern Economic Constructs Clemente initiates his exposition with a reference to Bitcoin’s present situation, where despite […]

Stablecoin issuer Circle has launched the USD Coin (USDC) on the Polkadot network, expanding the token’s native operations to 14 blockchain networks, including Ethereum, Solana, Avalanche, etc.  According to a blog post by Circle on September 19, all developers and users of the Polkadot network can now natively access the USDC token without needing a […]

Billionaire Elon Musk, a Dogecoin supporter, has seemingly been on a journey to eliminate bots from the X (formerly Twitter) platform after acquiring it back in 2022 for $54 billion. With multiple measures already put in place still not efficiently reducing the number of bots on the platform, Musk has moved on to a new […]

Unreal Engine, a development framework for deploying interactive 2D and 3D content by Epic Games, has integrated LUKSO’s mainnet and standards in their recently enhanced Blockchain integration plugin, according to a September 19 tweet. The tool currently supports various platforms, including Polygon and Avalanche. LUKSO Supported By Unreal Engine’s Blockchain Integration Plugin The incorporation, LUKSO […]