Brian Armstrong, the CEO of Coinbase, has made a bold statement in response to the ongoing regulatory tension between the cryptocurrency sector and government oversight. Armstrong announced that his exchange would discontinue working with law firms that engage former regulatory officials, particularly those linked to actions he labels as “unlawful” against the crypto industry. This
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The recent surge in the value of SUI, a cryptocurrency native to an emerging layer-1 blockchain, is a noteworthy development in the often unpredictably volatile world of digital assets. Following the introduction of USDC on this blockchain, SUI witnessed a staggering price increase of over 115% within just one week. Such a surge indicates the
As the second-largest cryptocurrency by market cap, Ethereum (ETH) is currently facing some headwinds in the volatile crypto market. After a brief period of bullish activity last week, it has experienced a downturn, with a decline of 2.4% in the last 24 hours, leading to a trading price of $3,577. This figure is strikingly lower
Bitcoin (BTC) is currently oscillating between the $94,000 and $96,000 range, stirring discussions among traders and investors alike regarding a potential breakout. This cryptocurrency has demonstrated resilience during volatile market conditions, but on-chain data is suggesting a pivotal shift is on the horizon. According to insights from CryptoQuant, a prominent blockchain analytics platform, signs point
The cryptocurrency landscape is ever-evolving, and the recent surge of meme tokens on the XRP Ledger (XRPL) is a testament to this flux. Tokens such as ARMY, 589, XPILL, PHNIX, and RIPPIE have gained considerable traction, drawing enthusiastic interest and engagement from investors and crypto communities alike. The wave of activity surrounding these tokens mirrors
Pump.fun, a notable player in the Solana ecosystem, has recently seen its reputation and operational stability take a severe hit due to troubling incidents involving its livestream feature. This platform, initially heralded for enabling the launch of meme coins, became a victim of its own success when some users exploited its functionalities in disturbing ways.
November 2023 marked an exceptional month for Cardano (ADA), witnessing a stunning rally that catapulted its price over 220%, positioning it as one of the leading cryptocurrencies of the period. As the market capitalization soared to approximately $38 billion, Cardano reestablished itself within the top ten cryptocurrencies, an achievement that brought renewed attention to its
On December 1, 2023, at 4 AM UTC, the decentralized exchange (DEX) Clipper was struck by a security breach that targeted its liquidity pools on both Optimism and Base blockchains. This incident marks a significant event in the constantly evolving landscape of decentralized finance (DeFi), raising concerns over security protocols and the ever-present risks associated
The recent announcement by RTFKT, the cutting-edge Web3 studio acquired by Nike in 2021, has been a shockwave through the NFT community. With plans to cease operations by January 2025, the studio known for its groundbreaking projects like Clone X raises numerous questions about its legacy and the direction of digital innovation. Since entering the
In a decisive move to enhance user experience, Coinbase has integrated Apple Pay into its Coinbase Onramp service, as announced on December 2. This integration signals a significant leap forward in the realm of cryptocurrency adoption, particularly for newcomers navigating the intricate world of digital assets. With the aim of making the fiat-to-crypto transition more