Michael Sonnhenshein, the CEO of Grayscale, the world’s largest Bitcoin ETF, has announced his decision to step down from his position. In a recent press release, the company revealed that Peter Mintzberg, the current global head of strategy at Goldman Sachs’ Wealth Management Division, will be taking over as the new CEO. This change is
In the world of cryptocurrency trading, analysts are always on the lookout for key indicators that may signal a change in market sentiment. One such indicator that has recently caught the attention of crypto enthusiasts is the Stablecoin Supply Ratio (SSR) Oscillator. This unique technical tool has just turned bullish, sparking optimism for a potential
As we look ahead to the economic week, two key events stand out – the release of the Federal Reserve meeting minutes and a major earnings report from semiconductor giant Nvidia. These events have the potential to shape market sentiment and provide important insights into the economic landscape. The Federal Reserve meeting minutes, scheduled to
Bitcoin’s price has experienced some fluctuations in the past 24 hours, dropping below $67,000 at times but reacting positively to each correction. Despite the volatility, the leading cryptocurrency now sits at that line once again. Altcoins Slightly in the Red On a daily scale, altcoins such as TON, ADA, and SHIB have retraced by around
Draftables, the much-anticipated American football-inspired web3 game, recently created a buzz in the crypto community by selling out its Founder Pass NFTs on Avalanche’s Hyperspace platform in under 10 minutes. The rapid sellout of the freebie Founder Pass NFT series is a true testament to the overwhelming excitement and anticipation surrounding the game. Those lucky
The cryptocurrency market is constantly evolving, with new trends and shifts in investor behavior shaping the landscape. One such trend that has been gaining momentum is the increasing activity of crypto whales – investors with significant funds capable of influencing market movements. These whales are now diversifying their holdings, favoring promising altcoins with the potential
The emergence of North Korea as a formidable player in the realm of cybercrime is becoming increasingly alarming. A recent confidential report from the United Nations has shed light on the activities of the infamous Lazarus Group, a cybercriminal organization believed to be operating under the auspices of the North Korean government. The group managed
The recent arrest of Aiden Pleterski, also known as the ‘Crypto King’ in Ontario, has sent shockwaves throughout the region. Pleterski, along with his associate Colin Murphy, is accused of being involved in a fraudulent Ponzi scheme that defrauded victims of approximately $30 million. This arrest comes after a 16-month investigation known as ‘Project Swan’
Polkadot, a leading blockchain protocol, has been making significant strides in the Web3 ecosystem through strategic partnerships and innovative technological developments. The recent collaboration with Founder Institute to launch a Web3 cohort and the introduction of Asynchronous Backing for scalability are just a few examples of Polkadot’s commitment to advancing the decentralized web. Polkadot’s partnership
In a shocking turn of events, two siblings who both attended the prestigious Massachusetts Institute of Technology (MIT) have been accused of exploiting a vulnerability in the Ethereum blockchain. The alleged cyber heist resulted in a staggering $25 million being swindled in just 12 seconds, marking it as a first-of-its-kind caper. The consequences of these