Celsius, the once-prominent platform in the world of cryptocurrency staking, lending, and exchange, has recently found itself in the midst of controversy. Following its approval of a bankruptcy plan last year, Celsius has shifted its focus to Bitcoin mining. However, amidst this transition, the company has taken the opportunity to lash out at former clients
Crypto
On the fateful day of January 9, the official Twitter account of the Securities and Exchange Commission (SEC), known as the X account, fell victim to a hack. The hacker managed to gain control of the account and made an announcement that spot Bitcoin ETFs had been approved. As news of the supposed approval started
The approval of spot Bitcoin Exchange-Traded Funds (ETFs) has been a topic of anticipation within the cryptocurrency community. A recent revelation by Fox reporter Eleanor Terrett has shed light on a procedural aspect of the U.S. Securities and Exchange Commission (SEC) that may influence the fate of these ETFs. According to Terrett’s tweet on January
A recent report by Kaiko has revealed that the liquidity for privacy tokens has plummeted to an all-time low of just $5 million. This sharp decline can be attributed to the delisting of several trading pairs by OKX due to not meeting certain criteria. Among the tokens most affected by regulatory pressures are Monero (XMR)
Bitcoin’s recent downturn from $45,400 to $40,400 may have caused panic among some investors, but it also triggered a noteworthy trend in the market. Analysis by IntoTheBlock reveals that Bitcoin holders with more than 1% of the total supply increased their accumulation during the price dip. Over the past week, these large holders accumulated over
Trust and transparency are crucial in the world of cryptocurrency exchanges. With several prominent exchanges experiencing bankruptcy and mishandling customer assets, users are rightfully concerned about the safety of their funds. Binance, one of the leading exchanges in the industry, has taken significant steps to address these concerns. In its latest Proof-of-Reserves (PoR) report, Binance
Over the past year, while Bitcoin’s value has soared to new heights, the number of kiosks offering cryptocurrencies through cash or debit cards has seen a significant decline. According to Coin ATM Radar, the total count of crypto ATMs worldwide has dropped from 37,827 on January 1, 2023, to 33,628 on January 1, 2024, marking
Cryptocurrency security incidents have been a significant concern in recent years, posing threats to both investors and the reputation of the crypto industry. However, CertiK’s latest report provides some positive news, revealing a noteworthy decline in these incidents in 2023. This article will analyze the report’s findings and shed light on the key factors contributing
Bitcoin ETF applicant VanEck has made a remarkable commitment to donate 5% of its fund’s profits to Bitcoin Core developers if and when its application is approved by the U.S. Securities and Exchange Commission (SEC). This pledge could potentially serve as a major lifeline for the developers of the world’s pioneering cryptocurrency network, who often
In January of 2023, the popular YouTuber CoffeeZilla released a three-part exposé on Logan Paul’s CryptoZoo project. The concept behind the game involved purchasing egg NFTs, which would hatch and allow players to interact with and breed digital animals. However, the project faced severe backlash as social media accounts associated with the platform went silent,