Budding crypto writer with a keen interest in providing fresh insights and the latest updates in the crypto space. Enthusiastic about translating complex crypto concepts into clear, actionable information for readers.
Raydium has launched Teleport, a groundbreaking feature that enables seamless token transfers from Ethereum-based networks to the Solana blockchain. This new tool leverages the Wormhole network to simplify cross-chain transactions. Consequently, users can transfer tokens effortlessly between these two ecosystems, improving overall efficiency. In an official announcement, Raydium emphasized its
October 3, 2024 2 mins read
Taiwan’s Financial Supervisory Commission (FSC) has unveiled a comprehensive set of anti-money laundering (AML) rules. These rules specifically target cryptocurrency firms and are set to be enforced by 2025. The new regulations aim to bring order to the growing digital asset market. They require virtual asset service providers (VASPs) to
October 3, 2024 2 mins read
Ripple CEO Brad Garlinghouse has made it clear that Ripple will fight the U.S. Securities and Exchange Commission’s (SEC) appeal for as long as necessary. The SEC is appealing a court decision from July that ruled XRP’s programmatic sales were not securities. This ruling had been a partial win for
October 3, 2024 2 mins read
Taurus, a Swiss digital asset infrastructure provider backed by Credit Suisse and Deutsche Bank, has announced a partnership with Chainlink to accelerate the adoption of tokenized assets. This collaboration aims to tackle critical challenges in the tokenized asset sector, including security, data integrity, and asset mobility. .@taurus_hq—a leading digital asset
October 2, 2024 1 min read
Australian police have seized $6.4 million in cryptocurrency tied to a global criminal group. The seizure was part of “Operation Kraken”, a long-running investigation. Authorities revealed that the funds were linked to the group’s alleged leader. Operation Kraken is a collaborative effort involving Australia and international law enforcement. However, the
October 2, 2024 2 mins read
As of October 1, Ethereum’s current price stands at $2,474, reflecting a 6.20% decrease over the past day. The market cap has similarly declined by 5.18%, currently sitting at $299.87 billion. Despite this price drop, the 24-hour trading volume has increased by 46.66%, reaching $25.27 billion. Ethereum’s market has undergone
October 2, 2024 2 mins read
In September 2024, the cryptocurrency industry faced significant security breaches, resulting in losses exceeding $120 million. Various attacks targeted centralized exchanges and DeFi platforms, raising alarms about security measures in the industry. PeckShield, a blockchain security company, reported that multiple exchanges suffered during this wave of hacks. Notably, the BingX
October 1, 2024 2 mins read
FTX’s reorganization plan has gained overwhelming support, with a significant majority of Dotcom voting creditors approving it. According to the final report released by the Kroll Restructuring Administration, 94.48% of creditors who returned their ballots voted in favor of the proposal. This support marks a crucial step toward resolving FTX’s
October 1, 2024 2 mins read
In the past 24 hours, the global crypto market has seen a 0.95% decrease, bringing the total market capitalization to $2.25 trillion. However, the market’s trading volume surged by 31.83%, reaching $81.14 billion. The total volume in DeFi currently stands at $4.6 billion, accounting for 5.67% of the total crypto
October 1, 2024 2 mins read
Ethereum’s price has dropped to $2,598, marking a 1.90% decline over the past 24 hours. Meanwhile, trading volumes surged, reaching $13.31 billion, which represents a significant 30.23% increase. Additionally, the drop in Ethereum’s market capitalization by 1.49%, now sitting at $316 billion, combined with a steady circulating supply of 120.37
September 30, 2024 2 mins read