The cryptocurrency market is witnessing a significant exodus of Ethereum (ETH) from centralized exchanges, indicating a growing preference among investors to hold the asset outside of trading platforms. This trend has raised questions about the motivations behind this shift and the potential implications for the future of Ethereum. According to data from Coingecko, ETH is
In a shocking turn of events, Colin Murphy, an associate of Canada’s infamous “Crypto King” Aiden Pleterski, has been sentenced to five months in prison for his contempt of court in Oshawa, Ontario, Canada. This decision was made by Ontario Superior Court Justice Hugh O’Connell after Murphy refused to surrender his iPhone and deleted its
Bitcoin and the entire cryptocurrency market have faced significant challenges in recent months. However, analysts at Coinbase, one of the leading cryptocurrency exchanges, are now predicting a bright future for the crypto industry in the second quarter of 2024. This positive outlook comes as Bitcoin experiences a market recovery, with a 3.31% gain in the
In an alarming turn of events, a doctored video clip featuring prominent Australian businessman Andrew “Twiggy” Forrest has emerged on Facebook, adding to the growing list of deepfakes that are undermining trust in the media. Cybersecurity firm Cybertrace uncovered the footage, which appears to promote a fake cryptocurrency trading platform. The manipulated video aims to
Meta’s metaverse division, Reality Labs, has achieved its most successful quarter to date, with over $1 billion in revenue in the last quarter of 2023. This impressive figure can be attributed to the strong sales of Meta’s Quest headsets and the Ray-Ban Meta smart glasses. The division’s performance is undoubtedly commendable, considering the financial challenges
The recent recovery of Binance Coin (BNB) has captured the attention of crypto traders, sparking interest in a new BEP-20 token poised for launch. eTuktuk, a green crypto startup focused on building eco-friendly electric vehicle infrastructure in developing countries, has gained traction with its ongoing presale. With the revival of activity on the Binance Smart
The recent airdrop conducted by Solana-based Jupiter has generated significant excitement within the crypto community. This airdrop has not only propelled decentralized exchange (DEX) trading activity on the Solana network but has also surpassed the trading volume on Ethereum-based platforms. This article will delve into the details of this remarkable achievement and explore the implications
Bitcoin Exchange-Traded Funds (ETFs) have garnered significant attention in recent times, showcasing their potential to drive institutional adoption of the flagship cryptocurrency. The effects of this trend are evident in a recent analysis that sheds light on the substantial Bitcoin holdings amassed by prominent issuers such as BlackRock. This article delves into the growing popularity
Ramp Network, a fintech company specializing in building payment rails between cryptocurrencies and the global financial system, has recently launched a global on-ramp for the Telos blockchain’s native $TLOS token. This significant development aims to provide users from over 150 countries, including 37 U.S. states, with easy access to acquire $TLOS tokens. With a strong
The approval of options on spot Bitcoin exchange-traded funds (ETFs) may face significant delays, according to a recent report by Reuters. The complex regulatory process involving the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) could extend the timeline for approval by several months, potentially pushing the approval date between