Bitfinex CTO Paolo Ardoino said that a “partial payments exploit” trying to transfer over $15 billion worth of XRP (XRP) from an unidentified wallet to Bitfinex on January 14 never materialized. Blockchain monitoring firm Whale Alert was the first to bring attention to the move. Whale Alert claimed to have
January 15, 2024 1 min read
The Petro (PTR), the official cryptocurrency of Venezuela, will reportedly stop functioning on January 15th. The government established the currency in 2018 to avoid US sanctions, but it never gained any traction. According to reports, the government-run Petro currency website announced the closure, however the site was down recently. Reportedly
January 13, 2024 1 min read
Larry Fink, CEO of BlackRock, recently spoke with CNBC and said that he “sees value” in creating an Ethereum spot ETF in the US. Recently, the company’s spot Bitcoin ETF (IBIT) had a successful debut trading day. The biggest asset management in the world, BlackRock, applied to the SEC for
January 13, 2024 2 mins read
Coinbase has teamed up with Africa’s Yellow Card to launch its products in 20 African nations, with an emphasis on growing the accessibility of the USDC stablecoin. Moreover, Coinbase will integrate Yellow Card’s payment rails in Africa as part of the agreement, according to Yellow Card CEO Chris Maurice. This
January 12, 2024 1 min read
After the hack of the SEC’s Twitter account on January 9, two U.S senators have demanded that the agency disclose the incident to Congress. On the same day, Senators J.D. Vance and Thom Tillis sent a letter to SEC Chair Gary Gensler, expressing their “serious concerns” about the commission’s internal
January 10, 2024 2 mins read
Ben Zhou, the CEO and co-founder of Bybit, outlined the future of the cryptocurrency business in his keynote speech after the exchange increased its spot market share by eight times in 2023. Bybit’s noteworthy achievements and future goals were highlighted during the CryptoArk Keynote, demonstrating the company’s steadfast dedication to
January 10, 2024 2 mins read
A number of prominent cryptocurrency exchanges’ mobile apps have simply vanished from India’s Apple App Store. These apps include Binance, Kraken, Mexc, and Kucoin, among others. This action is being taken a week and a half after these exchanges were named for supposedly running “illegally” inside the nation. The Indian
January 10, 2024 2 mins read
In spite of the turbulent market, the crypto community’s tenacity was evident while looking back on the eventful year of 2023. Together, we looked at creative approaches to incorporating cryptocurrencies into daily life, such as payment processing. The potential for widespread industry adoption of cryptocurrency payments is immense, which is
January 9, 2024 6 mins read
As Solana (SOL) surged through many price points in December, the on-chain transaction volume soared along. SOL’s price continued to rise until early January, after which it succumbed to bear dominance and has been facing severe selling pressure. However, the volume of blockchain transactions has been steadily rising, with a
January 8, 2024 1 min read
Over the last day, Polygon NFT volume has surpassed Solana (SOL) volume. Data from CryptoSlam shows that the popular Ethereum-based Layer-2 scaling protocol has surpassed Solana to take third place, after Ethereum (ETH) and Bitcoin (BTC). Polygon’s daily sales volume for the last 24 hours was $7,745,969, according to CryptoSlam
January 8, 2024 1 min read
