Mon, September 7

USDT Issuer Tether Reports $700 Million Profit in Q4 2022

According to its most recent attestation report, Tether Holdings Limited, the issuer of the biggest stablecoin USDT, earned $700 million in the fourth quarter. In this case, the value of the consolidated assets is more than the total of the consolidated liabilities. At the conclusion of the year, Tether, a

February 9, 2023 1 min read

$9.6M in Bitcoin Transferred From Satoshi-Era Bitcoin Address After 11-Years

A Satoshi-era Bitcoin address is back in the headlines after it recorded a transaction. The move sent more than $9.6 million worth of BTC from the wallet which was first created 11 years ago. Since October 1, 2012, address 1MMXRA has held a substantial amount of 412.12 BTC, or Bitcoin,

February 9, 2023 2 mins read

SEC Investigates Kraken Over Offering Unregistered Securities

The Securities and Exchange Commission (SEC) is investigating Kraken, one of the biggest cryptocurrency exchanges in the world. SEC to examine whether regulations broken in some of its sales to American investors. The inquiry is related to some services Kraken provided to customers in the United States.  The exchange has

February 9, 2023 2 mins read

U.S SEC Intends to Ban on Crypto Staking Says Coinbase CEO

Crypto exchange Coinbase CEO Brian Armstrong was alarmed about the rumors he received that the U.S. Securities and Exchange Commission (SEC) wants to “get rid of individual investors” from staking cryptocurrency. According to a February 9th tweet from Coinbase’s Chief Executive officer, the U.S SEC intends to ban retail investors

February 9, 2023 2 mins read

US Federal Reserve on Bitcoin’s Response To Monetary News

On Wednesday, US Federal Reserve Bank of New York released a 31-page report titled “The Bitcoin – Macro Disconnect”, compiling the findings of the impact of macroeconomic news on Bitcoin and other asset classes. Significantly, the findings of the analysis pushed the United State’s central bank into a perplexed state. 

February 9, 2023 2 mins read

Saudi Metaverse Partnership Pushed Sandbox (Sand) Price by 30%

The Sandbox (SAND) experienced a surge of 30% following the announcement of a strategic partnership between itself and Saudi Metaverse. The first government-backed blockchain project in the Kingdom of Saudi Arabia. Through this partnership, Sandbox will collaborate with Saudi Metaverse. Thus bringing its world-building tools and expansive NFT library to

February 8, 2023 2 mins read

CoreDAO’s First Stop on MEXC to Leverage Bitcoin (BTC), Ethereum (ETH) Blockchains

MEXC, which claims to be one of the fastest-growing digital currency exchanges, recently revealed that it will be listing CORE, the native token of CoreDAO, a Layer-1 blockchain that aims to leverage the composability of an Ethereum Virtual Machine (EVM) chain, with the decentralization and robust security of the Bitcoin

February 8, 2023 2 mins read

Crypto Firm Juno Announces Restart of Services Post Brief Pause

All services of the cryptocurrency platform Juno, situated in Singapore, have been declared to have started again.  Because of problems with its former custodian partner, Wyre, it tightened daily withdrawal restrictions at the beginning of the year and encouraged clients to move their assets into self-custody wallets. In early January,

February 8, 2023 2 mins read

Jim Cramer ‘Reiterate’ on Crypto Bull Market

Jim Cramer, a famed host of CNBC’s Mad Money, stated in his recent Twitter post, “I reiterate it is a bull market”, as he claimed in January that ‘the current bullish cloud lasts for the next few months’. Since the start of 2023, the cryptocurrency market signals a bullish trend.

February 8, 2023 2 mins read

Former Coinbase Product Manager Admits Insider Trading

Ishan Wahi, the former product manager for Coinbase Global Inc (COIN.O), entered a guilty plea on Tuesday in what U.S. prosecutors have dubbed the first insider trading case using cryptocurrency. As per reports, the prosecutors claim that Wahi gave his brother Nikhil and friend Sameer Ramani access to confidential information.

February 8, 2023 2 mins read