Creditors of the now-defunct cryptocurrency exchange Mt. Gox have reportedly begun receiving reimbursements after the business’s 10-year closure. Since February 2014, these creditors’ monies have been stuck on the exchange. There have been rumblings on social media, namely on the r/mtgoxinsolvency subreddit, that Mt. Gox is allegedly using PayPal to
December 26, 2023 1 min read
The ex-CEO and co-founder of BitMEX is warning that spot Bitcoin ETFs, should they become too popular, may “completely destroy” Bitcoin. In a recent blog post, Hayes said that Bitcoin’s worth is due to the fact that “it moves.” Spot Bitcoin ETFs, on the other hand, are designed to “vacuum
December 25, 2023 2 mins read
The asset management business Ikigai said that it had liquidated its claim in the bankruptcy proceedings of FTX, after disclosing that a significant portion of its hedge fund’s assets had been held by the exchange at the time of its downfall. Travis Kling, chief investment officer of Ikigai, said on
December 23, 2023 2 mins read
The cryptocurrency market is now experiencing an upswing due to the upcoming halving and the anticipation of a spot Bitcoin ETF. Surprisingly, Bitcoin has emerged unscathed from its 2022 slump, adding almost $530 billion to its market valuation with a 160% increase in value this year. There has been a
December 23, 2023 2 mins read
The BC8.AI platform has been successfully launched by io.net, a prominent pioneer in artificial intelligence. The platform has completed over 10,000 inferences and enabled over 50,000 on-chain transactions since its inception a few weeks ago, demonstrating both its strong functionality and high user engagement. The vast capabilities of io.net’s state-of-the-art
December 21, 2023 1 min read
Investors are waiting impatiently for the U.S SEC’s decision on spot Bitcoin ETFs as the clock ticks down to their expected approval. Many are keeping their fingers crossed for a satisfactory resolution before the deadline, which would have far-reaching consequences for Bitcoin and the cryptocurrency market overall. Michael Saylor, executive
December 21, 2023 2 mins read
With a focus on community involvement and recognition, Binance, the biggest cryptocurrency exchange by trading volume and the world’s leading blockchain ecosystem, has planned a wide variety of holiday-themed activities and events. With a number of live events held in different places throughout the globe, Binance kicked off its worldwide
December 21, 2023 3 mins read
Ripple has been added to the group of registered Virtual Asset Service Providers (VASPs) by the Central Bank of Ireland (CBI), marking yet another foothold for the firm outside the U.S. The business has announced that its Irish subsidiary, Ripple Markets Ireland Limited, has been added to the list of
December 20, 2023 2 mins read
The continuing upswing that started in the middle of October may be the beginning of a protracted bull market, according to crypto industry experts. During this time, stablecoins tend to flood the market. The majority of investors use stablecoins to buy and sell cryptocurrencies on exchanges. An examination of DeFiLlama
December 20, 2023 2 mins read
One of the biggest DEXs on Linea, Lynex, has integrated the Orb-powered dLIMIT & dTWAP protocol. Consequently, both advanced order types will now be available to Lynex traders, allowing them to split big orders into smaller transactions or guarantee the price of their orders. This release comes after successful integrations
December 19, 2023 4 mins read