In recent developments within the cryptocurrency sphere, ConsenSys, a pivotal player founded by Joe Lubin, an Ethereum co-creator, has taken a bold step by filing a lawsuit against the Securities and Exchange Commission (SEC). This legal confrontation arose after ConsenSys…
FTX Announces Nearly Complete Fund Recovery for Customers Following Collapse
In a stunning turn of events, FTX, the cryptocurrency exchange that experienced a notorious collapse, has announced that nearly all of its former customers will be able to recover almost 100% of the funds they lost during the tumultuous period.…
Ethereum Price Analysis: Bitcoin Dominance Fades as ETH Builds Momentum Above $3,000
While Bitcoin and the entire crypto market have remained stagnant for the past few weeks, Ethereum is trying very hard to break out of the market. Although hard, the second-largest cryptocurrency is now consistently crossing the $3,000 level and staying…
SEC Targets Ripple Stablecoin as Unregistered Crypto Asset in Ongoing Legal Battle
The U.S. Securities and Exchange Commission (SEC) has recently set its sights on Ripple’s highly anticipated stablecoin. In a recent filing, the SEC characterized the stablecoin as an “unregistered crypto asset.” Ripple, known for its innovative approach to bridging traditional…
Tornado Cash Receives $3.3M in Ether Following Poloniex Hack Theft
In a shocking incident that sent shockwaves through the cryptocurrency community, a skilled hacker managed to steal a staggering $125 million from Poloniex’s hot wallets in November. The audacious heist, which exploited vulnerabilities in the popular exchange’s security systems, showcased…
Revolut British banking app Launches UK Crypto Exchange Revolut X with Over 100 Tokens
Revolut Ltd., the renowned British banking app, has taken a bold step forward in the digital-assets space with the launch of its new UK crypto exchange, Revolut X. This move comes as prices in the crypto market have shown a…
Kenya Shifts Crypto Policy with US Bitcoin Mining Firm Marathon Digital as Consultant
In a significant policy shift, Kenyan President William Ruto recently announced the government’s decision to engage Marathon Digital, a prominent Bitcoin mining company based in the United States, as a consultant to review and revamp the country’s cryptocurrency regime. This…
Brain Kelly Reveals The Impact Of The Last Halving- Is 450% Bitcoin Surge Close?
In a recent interview with CNBC, Brian Kelly discusses the big effect of the last halving, mentioning a huge 450% increase in Bitcoin’s worth. This increase shows how halving events really impacts Bitcoin’s path. People wonder: Will history repeat itself…
Do Central Banks Require Digital Currencies to Maintain Relevance in the 21st Century?
The potential integration of digital currencies by central banks, both for wholesale and retail purposes, has become a topic of significant interest and discussion. European Central Bank Governing Council member, Francois Villeroy de Galhau, believes that central banks should consider…
Visa and Allium Labs Report Indicates Over 90% of Stablecoin Transactions May Not Involve Real Users
Stablecoins, a type of cryptocurrency pegged to an underlying asset like the U.S. dollar, have garnered significant attention in recent years. Proponents argue that stablecoins have the potential to revolutionize the payments industry, offering fast, low-cost transactions. However, a new…