In the latest clash of crypto heavyweights, Ripple CTO David Schwartz has refuted Cardano founder and IOG CEO Charles Hoskinson’s comments on the ongoing debate surrounding the alleged preferential treatment Ethereum received from the US Securities and Exchange Commission (SEC). The back-and-forth revolves around the so-called “ETH Gate” theory, which questions the SEC’s decision-making process…
The robust nature of the cryptocurrency market is one of the compelling reasons it is a highly profitable investment opportunity. Investing in this asset class provides many beneficial options, ranging from the already-cemented pioneer of the industry, Bitcoin (BTC), to Ripple (XRP). This niché token continues to revolutionize traditional finance. As the markets are gearing…
The SEC must appeal Grayscale’s recent court win by the end of the day today, or will be forced to approve or delay the company’s plan to convert GBTC into a Bitcoin ETF. The Grayscale Bitcoin Trust (GBTC) chart could be signaling an imminent breakout, which could hint at the SEC failing to file an…
On-chain data shows Binance observed Bitcoin inflows of almost $200 million a couple of days back as BTC saw its plunge below $27,000. Binance Has Recently Received Large Bitcoin Deposits As pointed out by analyst James V. Straten in a post on X, inflows have recently occurred on the cryptocurrency exchange Binance. The relevant indicator…
The cryptocurrency market has gone through various ups and downs in 2023, leaving investors wondering which digital assets can generate strong returns going forward. While Bitcoin remains the market leader, other emerging cryptos are gaining traction among investors who want exposure to innovative protocols and real-world utility. Next Crypto Tokens To Explode As we approach…
In a shocking revelation, blockchain intelligence firm Elliptic has provided an in-depth analysis of the infamous FTX theft, shedding light on the complex web of events surrounding the hack, subsequent money laundering, and the ongoing quest to uncover the identity of the perpetrators. Based on blockchain analysis, the report exposes the sophisticated techniques employed to…
Amid the decline in crypto interest, reports have shown that American-based crypto exchange Coinbase, one of the world’s largest cryptocurrency exchanges experienced, a sharp drop in spot trading volume during the third quarter of 2023. Coinbase Spot Trading Volume Dropped by Half According to the report, the cryptocurrency platform’s spot trading volume fell by…
Jacob Creech, Solana’s Head of Developer, reminds the broader community that the team will reward anyone with $400,000 in SOL, the platform’s native currency, if “switch off” or halt the high throughput network. Taking to X on October 13, Creech encouraged interested white hacks and coders to head over to their repository and begin penetration…
In a recent development, the Bankrupt crypto lending firm Celsius Network has transferred its crypto holdings amid its ongoing legal battles and plans to repay its customers. Celsius Network Transfers $30 Million Worth Of Crypto In a post shared on his X (formerly Twitter) platform, software engineer Cam Crews confirmed that Celsius had transferred around…
Per an official press release, the company behind the biggest stablecoin in the world, Tether, announced a change in its top executives. The company announced that Paolo Ardoino, its current CTO, will take over the position of CEO starting in December 2023. Tether Announces Changes In Its Leadership Tether claims Ardoino made significant contributions to…
